At a Glance
- Tasks: Analyse financial data and identify opportunities for revenue recovery.
- Company: Join HealthTrust Europe, a leader in ethical healthcare solutions.
- Benefits: Enjoy hybrid working, 25 days leave, and wellness initiatives.
- Other info: Dynamic team environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in finance while developing your analytical skills.
- Qualifications: Strong analytical skills and knowledge of finance and data management.
The predicted salary is between 36000 - 60000 £ per year.
The Opportunity: We are seeking a highly motivated and experienced Audit Analyst to join our team at HealthTrust Europe. The Audit Analyst works as part of the Audit Function to review and analyse Management Information (MI) and to produce audit analysis, gap analysis, trend reports and bespoke financial reporting.
The role holder is responsible for analysing, documenting and identifying opportunities for HealthTrust Europe to improve the recovery of revenue through more effective spend management and will support the creation of financial reports, ensuring compliance with regulations and internal controls to identify financial strengths and weaknesses.
Who are we? Based in Edgbaston, Birmingham, we offer solutions to manage spend effectively and improve performance, working with both public and private healthcare and non-healthcare providers to optimise the use of products and services to identify cost saving opportunities and best value. As part of the HCA Healthcare Group, in March 2024, we were named in Ethisphere's World's Most Ethical Companies for the 14th time.
DUTIES (included, but not limited to):
- Review uploaded supplier spend information, conduct gap analysis on supplier accounts and report findings.
- Communicate analytical outputs to stakeholders, including a clear explanation of key metrics, spend trends, potential revenue recovery/revenue recovered, variance from forecasts, revenue recovery opportunities identified and any issues requiring resolution.
- Present outputs of audit/financial analysis and plan of action to senior management, internal and external stakeholders as required.
- Monitor MI upload compliance, track and recover missing MI, identify opportunities to reduce revenue leakage. Supports the upload of correct MI from suppliers and educates the suppliers to self-load MI data.
- Monitor, track and resolve spend compliancy issues by liaising with internal and external stakeholders.
- Identify internal process improvements, improve data quality and report/propose required process improvements to the Continuous Improvement team.
KNOWLEDGE, SKILLS & ABILITIES
- Solid knowledge and understanding of Finance and Data management and analysis.
- Excellent attention to detail and analytical skills.
- Excellent organisation skills, ability to prioritise tasks, effective time management capabilities due to multiple deadlines.
- Excellent oral, written and presentation skills.
- Good understanding of business operations.
- Extensive knowledge and understanding of spreadsheets software, this includes data manipulation, pivot tables and advanced formulae.
- Use of Microsoft Office applications such as Word, Outlook, Excel, PowerPoint.
- Salesforce and Power BI experience desirable.
- Possesses interpersonal skills to work in a fast-paced environment desirable.
At HealthTrust Europe we offer core benefits such as:
- Pension
- 25 days annual leave + Bank Holidays
- Hybrid working (2-3 days from home a week)
- HTE Me Time - block up to two hours per month in your diary as HTE Me Time to undertake activities that support your wellbeing
- Volunteering Leave
Employees can access the following voluntary benefits and more, which are available at set times during the year:
- Cycle Scheme
- Private healthcare
- Gymflex
- Technology at home
- Private GP consultations
- Purchase up to 10 days annual leave
- Electric Vehicle Leasing Scheme
Audit Analyst in Birmingham employer: HealthTrust Europe
HealthTrust Europe is an excellent employer, offering a dynamic work culture that prioritises professional growth and development within the healthcare procurement sector. With comprehensive onboarding and training opportunities, employees are empowered to enhance their skills while fostering meaningful relationships with suppliers and colleagues alike. The hybrid work model further supports a balanced lifestyle, making it an attractive place for those seeking a rewarding career in procurement.
StudySmarter Expert Advice🤫
We think this is how you could land Audit Analyst in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Tailor your responses to show how your skills align with their needs, especially in areas like financial analysis and compliance.
✨Tip Number 3
Practice your presentation skills! As an Audit Analyst, you'll need to communicate complex data clearly. Run through your findings with friends or family to get comfortable explaining key metrics and trends.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about joining our team!
We think you need these skills to ace Audit Analyst in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Audit Analyst role. Highlight your experience with financial reporting, data analysis, and any relevant tools like Excel or Power BI. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Don’t forget to mention your understanding of spend management and compliance.
Showcase Your Analytical Skills:In your application, be sure to showcase your analytical skills. Provide examples of how you've conducted gap analyses or improved processes in previous roles. We love seeing real-world applications of your expertise!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we can’t wait to see what you bring to the table!
How to prepare for a job interview at HealthTrust Europe
✨Know Your Numbers
As an Audit Analyst, you'll be dealing with a lot of data and financial metrics. Brush up on your knowledge of key financial concepts and be ready to discuss how you've used data analysis in previous roles. Prepare examples that showcase your analytical skills and attention to detail.
✨Master the Art of Communication
You'll need to communicate complex analytical outputs clearly to stakeholders. Practice explaining your past projects or analyses in simple terms. Think about how you can present your findings effectively, perhaps using visuals or summarised reports, to demonstrate your presentation skills.
✨Showcase Your Problem-Solving Skills
The role involves identifying opportunities for improvement and resolving compliance issues. Be prepared to discuss specific challenges you've faced in previous positions and how you approached solving them. Highlight any process improvements you've implemented and the impact they had.
✨Familiarise Yourself with Tools
Since the job mentions tools like Salesforce and Power BI, make sure you're comfortable discussing your experience with these or similar software. If you haven't used them directly, do some research and be ready to talk about how you would approach learning new tools quickly.