finance manager Peterlee, England
Job description
The role will be varied and will involve exposure to a combination of duties including management accounting, budgeting, P&L forecasting, cashflow forecasting, balance sheet reconciliations and undertaking financial viability exercises for new opportunities. You will also closely support budget holders with varying degrees of financial acumen and therefore your ability to communicate financial performance compared to budget to colleagues from a non-financial background will be paramount. Depending on the needs of the business your role may place more emphasis on one or more of the duties above, but you will be required to have knowledge of all. The post holder will be the financial lead for Clinical Services division of the business, partnering the management team of the division and the Clinical Services Director.
The post will also be required to work alongside the Head of Finance in developing the financial reporting system and ensuring appropriate checks are in place. Operational duties Month End Reporting o Posting prepayments where appropriate o Generating accruals and provisions as necessary o Identify the correct level of income to recognise for the month and either deferring or accruing income as necessary o Raising appropriate invoices in timely manner o Allocating costs to the appropriate cost centres o Reviewing overheads against budgets/forecasts o Reviewing salary costs against budgets/forecasts o Perform P&L review for reasonableness o Conducting balance sheet reviews and preparing balance sheet reconciliations o Correctly accounting for fixed assets o Conduct variance analysis against budgets, forecasts & prior year information and then providing commentary to explain reasons. o Assisting the Head of Finance in producing the month end reporting pack for the Board of Directors o Producing contract/site level reporting packs for budget holders, regional managers and divisional leads o Assisting the Head of Finance with reporting improvements Budgeting & Forecasting o Working with budget holders for cost centres within the post holders remit in order to produce a detailed budget on an annual basis o Working with budget holders for cost centres within the post holders remit in order to produce a detailed (budget) reforecast at the half-way stage on an annual basis o Maintaining a working/live P&L forecasting model for each cost centre which is constantly updated to reflect new information as it becomes known and also to reflect actual costs as these are produced on a monthly basis. o Providing input into the monthly cashflow forecasting exercise for cost centres within the post holders remit Maintaining Policies, Procedures and Records o Assist in maintaining a documented system of accounting policies and procedures o Drive process improvement and policy development initiatives that impact the function o Maintaining records such as customers, asset registers, risk registers, chart of accounts Relationships o Assist with requests for evidence from external auditors o Liaise with internal and external stakeholders including NHS Pension Authority and NHS Property Services o Represent IntraHealth in a manner befitting the image of the organisation o Work unsupervised when necessary whilst recognising the need to refer to others for support/guidance when required.
o To work effectively as part of a team. o Communicate clearly and in a manner consistent with the individuals level of understanding. Other duties o Assisting with the year end audit process o Input in to the production of business cases and business development. o Financial modelling.
o Producing ad-hoc reports and dealing with requests from the Senior Management Team & Board of Directors o Monthly review of debtor balances and recovery of aged debts. o BI Reporting systems maintenance and development Core Competencies Technical Competencies A good level of IT literacy in general Competent user of Microsoft Office package, advanced level user of Excel is desirable Attention to accuracy and detail Management Competencies Ability to provide training, performance coaching, mentoring and feedback to staff. Managing Tasks / Projects Ensuring tasks and duties are performed within clearly defined time and quality standards Managing Information / Data Compiling, processing and provision of data or information to both internal and external contacts whilst ensuring confidentiality is maintained where appropriate. Observing the requirements of the General Data Protection Regulation at all times.
Discretion and confidentiality Communications High level of verbal and written communication skills Customer service driven Careful sharing of sensitive information with other professionals Health and Safety The post holder is required to take reasonable care for the health and safety of themselves and other persons who may be affected by their acts or omissions at work. The post holder is also required to co-operate with their employing body to ensure that statutory and departmental regulations are adhered to.
