Senior Finance Analyst

Be a role model in how to provide a customer focused, high-quality service to managers, directors, clinicians and finance business partners 

Work with colleagues in Contracting, Income, Costing and information/performance management to ensure the Trust has coherent integrated information, analysis and plans.  

Develop and maintain an understanding of the Trust’s accounting processes and procedures and financial systems.  

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.  

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.  

Provide robust, accurate and timely core financial reports to meet internal and external month end/ year end deadlines.  

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.  

Produce annual income and expenditure base budget schedules for each subdivision/department assigned. Including providing prompt and professional advice to Budget Holders for service developments, cost pressures & cost improvement programmes 

Produce comprehensive, robust, accurate and timely monthly financial reports for each assigned directorate/department, covering: 

Income and Expenditure  

Variance Analysis  

Forecasts  

Integration of non-financial (manpower and activity) information 

Narrative and audit trail reports 

Accurately prepare any specific internal & external recharges, accruals and amendment journals for processing by the Financial Management Finance Analysts. 

Maintain and contribute to the development of detailed standard operating procedure notes in relation to the month end duties you undertake. 

Provide training and advice to budget holders and other finance colleagues regarding financial management issues arising out of variance and other ad hoc analysis. 

Implement audit recommendations as required and ensure sound system of internal control is maintained. 

Understand the Trust’s standing financial instructions, procurement policies, audit recommendations and any other centrally issued guidance relating to financial control and bring possible breaches of these policies to the attention of the Senior Finance Manager. 

Provide assistance as necessary to line managers and divisional managers with respect to calculations that underpin the formulation of cost improvement programmes and financial schedules incorporated within business cases.  

Attend directorate meetings and provide an explanation of financial performance with or without the support of the Senior Business Support Analyst 

Working with Senior Finance Analysts, Senior Finance Manager and Financial Business Partners to ensure the delivery of accurate and timely reporting of financial information to appropriate levels of management. 

Cover other Senior Finance Analyst roles when required. 

Ensure you have a clear set of objectives and development plans and participate in regular performance appraisal meetings. 

Identify talent and support the internal talent management process in order attract and retain and succession plan. 

Maintain the integrity of the Trust’s financial systems, procedures and reports.  

Maintain professional standards within the Financial Management Information and Analysis team. 

Ensure that Standing Financial Instructions, Standing Orders, financial policies and procedures are adhered to. 

Implement audit recommendations and continually working on improving financial practices throughout the trust. 

Contribute to the Finance Function’s Continuous Improvement Programme 

Undertake Continuing Professional Development (CPD) in line with the relevant institute requirements. 

Lead, coach and manage the performance of the team in line with good people management practices. Ensuring excellence is recognised and underperformance is addressed. 

Participate in regular performance appraisal meetings and ensure each member of the team has a clear set of objectives and development plans. 

Ensure the team is compliance with all statutory, mandatory training together with any professional training requirements, ensuring they are up to date and fully compliant. 

Manage team absences including sickness in line with Trust policy ensuring the appropriate return to work meetings occur, e-roster is updated, and productivity is at keep to the highest possible level. 

Identify and fill any vacancies that arise within the team in line with the Trust’s recruitment policy and process. 

Identify talent and support the internal talent management process in order attract and retain and succession plan for your people. 

Review skills mix at regular intervals in order to identify any potential opportunities to maximise resource utilisation / allocation, ensuring job descriptions are kept up to date. 

Ensure overall wellbeing of the team is maintained. Continuously support in improving the morale of the team and implementing a culture of zero-tolerance for bullying and harassment. 

The post holder has a general duty of care for their own health, safety and wellbeing and that of work colleagues, visitors and patients within the hospital, in addition to any specific risk management or clinical governance accountabilities associated with this post. 

To observe the rules, policies, procedures and standards of King's College Hospital NHS Foundation Trust together with all relevant statutory and professional obligations. 

We want to be an organisation where everyone shares a commitment to delivering the very best care and feels like their contribution is valuable and valued. 

To be responsible, with management support, for their own personal development and to actively contribute to the development of colleagues. 

This job description is intended as a guide to the general scope of duties and is not intended to be definitive or restrictive. It is expected that some of the duties will change over time and this description will be subject to review in consultation with the post holder.  

All employees must hold an 'nhs.net' email account which will be the Trust's formal route for email communication.  

Everyone is responsible for promoting inclusion no matter their role or team.  At King’s, we want to create an environment where everyone feels valued, respected and welcomed