Job overview
The Senior Finance Analyst role is responsible for generating and producing monthly budget statements and financial reports, in accordance with the Trust agreed timetables and departmental policies & procedures under the line management of a Senior Business Support Analyst.
Alongside this, the post holder will be responsible for investigating variances from plan by interrogating the Trust’s financial systems and to summarise and report on these in monthly performance narratives. In addition, the Senior Finance Analyst will provide timely resource management information to the Budget Holders with which the role is linked and to assist in the provision of comprehensive financial management information and advice to a range of areas within the Trust.
The role will include meeting budget holders to support the Finance Business Partners and Senior Support Analysts in the budgeting, forecasting and business planning process.
In providing specialist financial expertise and leadership to the business there is an almost constant requirement for the post holder to exercise intense concentration and sustained mental effort in order to analyse, understand, retain and convey information.
Main duties of the job
Leadership
1. Be a role model in how to provide a customer focused, high quality service to managers, directors, clinicians and finance business partners
2. Work with colleagues in Contracting, Income, Costing and information/performance management to ensure the Trust has coherent integrated information, analysis and plans.
3. Develop and maintain an understanding of the Trust’s accounting processes and procedures and financial systems.
4. Support the implementation of actions in response to recommendations from Internal Audit for the enhancement of internal controls and procedures in own areas of responsibility.
5. Develop a comprehensive knowledge of national accounting standards and a good understanding of financial and other NHS legislation, NHS finance policies and initiatives relating to the NHS financial regime.
6. Provide robust, accurate and timely core financial reports to meet internal and external month end/ year end deadlines.
7. Ensure strong relationships and regular communications with all Trust finance managers to ensure they are informed of any data quality issues relating to the financial position of the Trust, new national guidance and policy issues, etc and to provide them with clear guidance as appropriate.
Please refer to the attached job description for further information.
Working for our organisation
King’s College Hospital NHS Foundation Trust is one of the UK’s largest and busiest teaching Trusts with a turnover of c£1 billion, million patient contacts a year and more than 15,000 staff based across South East London. The Trust provides a full range of local and specialist services across its five sites. The trust-wide strategy of Strong Roots, Global Reach is our Vision to be BOLD; Brilliant people, Outstanding care, Leaders in Research, Innovation and Education, Diversity, Equality and Inclusion at the heart of everything we do. By being person-centred, digitally-enabled, and focused on sustainability, we aim to take Team King’s to another level.
We are at a pivotal point in our history and we require individuals who are ready to join a highly professional team and make a real, lasting difference to our patients and our people.
King’s is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus. Everyone’s contribution is required in order to meet the goals set out in our Green Plan and we encourage all staff to work responsibly, minimising their contributions to the Trust’s carbon emissions, waste and pollution wherever possible.