Management Accountant in Manchester

Management Accountant in Manchester

Manchester Full-Time 39959 - 48117 £ / year (est.) No working from home possible
Greater Manchester Mental Health

At a Glance

  • Tasks: Support financial management with budgeting, forecasting, and reporting for NHS services.
  • Company: Join Greater Manchester Mental Health NHS Foundation Trust, a leader in healthcare finance.
  • Benefits: Enjoy competitive salary, flexible hours, and generous annual leave.
  • Other info: Be part of a diverse team committed to continuous improvement and professional development.
  • Why this job: Make a real difference in healthcare finance while developing your skills.
  • Qualifications: Degree in finance or relevant experience; studying towards a professional qualification is a plus.

The predicted salary is between 39959 - 48117 £ per year.

An exciting opportunity has arisen at Greater Manchester Mental Health NHS Foundation Trust for an enthusiastic Management Accountant to join the Management Accounts Team. The successful candidate will support the Finance Business Partner in delivering high-quality financial management support to services, including budget monitoring, forecasting, and the production of accurate and timely financial information to inform decision-making. You will work closely with budget holders and operational teams, providing clear financial advice and helping to ensure effective financial control across the service. The role requires strong communication and organisational skills, with the ability to build effective working relationships. Contribution to continuous improvement in financial processes and systems is also expected.

Main duties of the job:

  • Provide management accountancy support to designated service areas, ensuring accurate, timely and relevant financial information and advice.
  • Support the production of monthly financial reports, forecasts and budget statements, maintaining an up-to-date and accurate financial position for areas of responsibility.
  • Analyse and interpret financial information, investigate variances and support budget holders to understand and manage their financial performance.
  • Assist the Finance Business Partner in delivering high-quality financial reporting for internal and external requirements, in line with Trust policies and reporting timetables.
  • Build effective working relationships with budget holders and operational teams, providing clear and accessible financial advice.

Detailed job description and main responsibilities:

  • Work with the Senior Finance Team to ensure that annual I&E budgets are prepared in the correct form, within timelines, and meet the Trust's financial and corporate objectives.
  • Ensure that Operational Managers are aware of any issues within their profit statements and understand the composition of their income and expenditure reports.
  • Represent the Finance department at key meetings and deputise as required.
  • Undertake analysis of complex financial data and advise Operational Managers on highly complex financial matters based on this analysis.
  • Develop detailed knowledge of the drivers of both income and expenditure and advise senior staff on interpreting these to the benefit of the business.
  • Work as part of the financial management team to implement process improvements.

Benefits:

  • Pay Enhancements – 30% additional for Evenings (8pm onwards) and Saturdays; 60% additional for Sundays and Bank holidays.
  • Annual leave: 27 days plus bank holidays, rising to 29 days after 5 years and 33 days after 10 years.

Knowledge:

  • Specialist knowledge of management accounting principles and techniques, including budgeting, forecasting, variance analysis and financial reporting.
  • Knowledge of financial controls, governance requirements and the need for accurate, timely and auditable financial information.
  • Understanding of the NHS finance regime or equivalent public sector financial environment.
  • Working knowledge of financial systems, spreadsheets and databases used for reporting, reconciliations and analysis.

Experience:

  • Recent experience in a finance role with responsibility for management accounting, budget setting, forecasting and financial reporting.
  • Experience of interpreting complex financial information and providing clear advice to non-finance managers and budget holders.
  • Experience of analysing variances, identifying financial risks and pressures, and contributing to corrective action or recovery plans.
  • Experience of providing day-to-day supervision, support or technical guidance to junior staff.
  • Experience of contributing to annual budgets, year-end processes, business cases or service developments.
  • Experience of working within the NHS or wider public sector finance environment.
  • Experience of using finance systems and reporting tools to support management accounts production and analysis.
  • Experience of supporting service improvement, efficiency or transformation initiatives.

Skills and Abilities:

  • Advanced numerical, analytical and problem-solving skills, with the ability to interpret complex financial and performance information and make sound judgements.
  • Strong Excel and spreadsheet skills, with the ability to work accurately with large datasets, reconciliations and reporting tools.
  • Ability to communicate complex financial information clearly in writing and verbally to finance and non-finance audiences.
  • Ability to build effective working relationships and use tact, persuasion and influence when advising or constructively challenging managers and stakeholders.
  • Ability to plan and prioritise own workload, meet deadlines and work independently within agreed policies and procedures.
  • Ability to use financial systems, spreadsheets and databases to support reporting, forecasting and performance monitoring.
  • Ability to support and guide junior staff and contribute effectively to team working.
  • High level of accuracy, attention to detail and commitment to confidentiality.
  • Experience of improving financial processes, reporting arrangements, local working practices or system-based controls.
  • Ability to support change, service improvement, efficiency or automation within a finance function.

Other Requirements:

  • Commitment to delivering a high-quality finance service, with consistent standards of accuracy, accountability and professionalism.
  • Ability to work flexibly, manage competing priorities and respond positively to changing service demands.
  • Commitment to continuous improvement and to personal and professional development.
  • Demonstrates integrity, openness and respect for others, consistent with Trust values.

Commitment to diversity and inclusion:

We are aspiring to ensure our workforce is representative of the diverse communities that we serve. We are strongly committed to removing barriers to employment for candidates from under-represented groups, for example, BAME, Disabled and LGBT+ communities.

Management Accountant in Manchester employer: Greater Manchester Mental Health

At Greater Manchester Mental Health NHS Foundation Trust, we pride ourselves on being an exceptional employer that values flexibility, professional growth, and a supportive work culture. As a Management Accountant, you will benefit from competitive pay enhancements, generous annual leave, and opportunities for continuous professional development, all while contributing to meaningful financial management in the healthcare sector. Our commitment to diversity and inclusion ensures a welcoming environment where every employee can thrive and make a difference in the community.

Greater Manchester Mental Health

Contact Details:

Greater Manchester Mental Health Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Management Accountant in Manchester

Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work in the NHS or public sector. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by brushing up on your management accounting knowledge. Be ready to discuss budgeting, forecasting, and variance analysis. Show them you know your stuff and can provide clear financial advice!

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.

Tip Number 4

Apply through our website for the best chance at landing that Management Accountant role. We love seeing applications directly from candidates who are keen on joining our team!

We think you need these skills to ace Management Accountant in Manchester

Management Accounting
Budgeting
Forecasting
Variance Analysis
Financial Reporting
Financial Controls
NHS Finance Knowledge

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Management Accountant role. Highlight your relevant experience in management accounting, budgeting, and financial reporting to show us you’re the perfect fit!

Showcase Your Skills:Don’t forget to emphasise your analytical and numerical skills! We want to see how you’ve used these abilities in past roles, especially when it comes to interpreting complex financial data and providing clear advice.

Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to explain your experience and how it relates to the job description. We appreciate clarity just as much as you do!

Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you don’t miss out on any important updates about your application!

How to prepare for a job interview at Greater Manchester Mental Health

Know Your Numbers

As a Management Accountant, you'll need to demonstrate your understanding of financial principles. Brush up on budgeting, forecasting, and variance analysis. Be ready to discuss how you've applied these skills in previous roles, as this will show your practical experience.

Communicate Clearly

Strong communication skills are key for this role. Practice explaining complex financial concepts in simple terms. You might be asked to present financial information to non-finance managers, so being able to convey your message clearly will set you apart.

Build Relationships

The job involves working closely with budget holders and operational teams. Think about examples from your past where you've successfully built relationships or provided support. Highlighting your ability to collaborate will show you're a team player who can contribute positively to the workplace.

Show Continuous Improvement Mindset

The role expects contributions to process improvements. Prepare to discuss any initiatives you've led or been part of that enhanced financial processes or reporting. This will demonstrate your commitment to efficiency and innovation, which is highly valued in the NHS.