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- Tasks: Join UCLH as a Management Accountant, supporting financial management for Women's Health.
- Company: UCLH is a leading NHS trust known for exceptional patient care and pioneering research.
- Benefits: Flexible hours, part-time options, and a chance to work in a prestigious healthcare environment.
- Why this job: Make a real impact in healthcare finance while growing your skills in a supportive culture.
- Qualifications: Two years of finance experience and A-Level education required; CCAB qualification in progress is a plus.
- Other info: Full-time preferred, but part-time candidates are welcome to apply.
The predicted salary is between 36000 - 60000 £ per year.
University College London Hospitals NHS Foundation Trust (UCLH) is one of the most complex and prestigious NHS trusts in the UK, serving a diverse and extensive population. Committed to delivering exceptional patient care, outstanding education, and pioneering research, UCLH is seeking a dedicated Band 6 Management Accountant to join its team. This role offers an opportunity to contribute to the Trust’s values-driven culture and support its mission of excellence in healthcare.
The Management Accountant will support the Finance Manager in delivering a comprehensive and professional financial management service to the Women’s Health Division. The role involves providing timely and accurate financial management information to budget holders, as well as assisting the Finance Analyst and Finance Manager in the preparation of divisional reports and variance analysis.
As a key financial partner, the Management Accountant will maintain a customer-focused approach by regularly engaging with budget holders, offering expert financial advice, guidance, and training on budgetary management, and ensuring that financial queries are resolved efficiently and effectively.
Main Duties include but are not limited to…
- Generates and produces monthly budget statements and financial reports for the service area in accordance with the Trust agreed timetables and departmental policies and procedures.
- Calculates appropriate internal recharges, accruals, prepayments, deferrals and adjustments, and actions these within the financial ledger. Ensures that all journals are generated and posted to comply with all prevailing financial recommendations and controls.
- Validates Payroll entries to ensure that staff are coded against the correct cost centres and to correct errors as appropriate.
- Produces ad-hoc reports and analysis as required and answers queries promptly and accurately, referring people when necessary.
- Investigates variances on budgets and makes required budget or expenditure adjustments in accordance with established procedures and through engaging with budget holders.
- Prepares requests for invoices to be raised and ensures income is recorded accurately.
- Supports the accounts payable and accounts receivable teams in the resolution of complex queries.
- Assists in the preparation of costings for proposed developments and project funding applications within agreed deadlines.
- Assists in the setting of budgets for the service area and implements budget changes where required through monthly reporting processes.
- Assists with the collation, evaluation and reporting of externally collected data.
- Ensures that VAT is reclaimed through correct coding structures.
Essential Requirements
- 9PM until 5PM schedule, Monday to Friday with some flexibility.
- Full-time is desirable, but part-time would be considered.
- Two years of experience within finance.
- Educated to A-Level or equivalent.
- Proficient in all Microsoft systems.
- Actively studying for a CCAB qualification is desirable.
To apply for this role, please click the link below. A full job description is available upon request.
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Bank Band 6 Management Accountant employer: Bank Partners
Contact Detail:
Bank Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Bank Band 6 Management Accountant
✨Tip Number 1
Familiarize yourself with the specific financial management practices used in the NHS. Understanding the unique budgeting processes and financial regulations within healthcare can set you apart from other candidates.
✨Tip Number 2
Engage with current or former employees of UCLH to gain insights into the company culture and expectations for the Management Accountant role. This can help you tailor your approach during interviews.
✨Tip Number 3
Highlight any experience you have with variance analysis and budget management in your discussions. Being able to demonstrate your expertise in these areas will show that you are well-prepared for the responsibilities of the role.
✨Tip Number 4
Prepare to discuss how you would handle complex financial queries and provide expert advice to budget holders. Showcasing your problem-solving skills and customer-focused approach will resonate well with the hiring team.
We think you need these skills to ace Bank Band 6 Management Accountant
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Band 6 Management Accountant position. Understand the key responsibilities and essential requirements, as this will help you tailor your application to highlight relevant experience.
Highlight Relevant Experience: In your CV and cover letter, emphasize your two years of finance experience and any specific skills related to financial management, reporting, and budgetary processes. Use examples that demonstrate your ability to engage with budget holders and resolve financial queries.
Showcase Your Skills: Make sure to mention your proficiency in Microsoft systems and any progress towards your CCAB qualification. This will show that you are not only qualified but also committed to professional development in finance.
Craft a Strong Cover Letter: Write a compelling cover letter that reflects your understanding of UCLH's mission and values. Explain why you want to work there and how you can contribute to their goals, particularly in delivering exceptional patient care and financial management.
How to prepare for a job interview at Bank Partners
✨Understand the Trust's Values
Familiarize yourself with UCLH's values and mission. Be prepared to discuss how your personal values align with theirs, especially in terms of delivering exceptional patient care and supporting a culture of excellence.
✨Showcase Your Financial Expertise
Be ready to demonstrate your knowledge of financial management principles. Prepare examples from your previous experience where you successfully managed budgets, produced financial reports, or resolved complex financial queries.
✨Engage with Budget Holders
Highlight your ability to communicate effectively with budget holders. Discuss how you have previously provided financial advice and training, ensuring that stakeholders understand their budgetary responsibilities.
✨Prepare for Technical Questions
Expect questions related to financial processes such as accruals, prepayments, and variance analysis. Brush up on these topics and be ready to explain how you would handle specific scenarios relevant to the role.
