Senior Income Accountant 

Job Type: Temporary

Sector: Healthcare 

Duration: Expected to last till up to 12 weeks’

Location: Catford 

Travel: Not Specified

Remote Working: Not Specified 

Band: 8A

Pay Rates: 

£23.40-£26.42 paye per hour

£26.22-£29.61 paye inclusive of holiday pay

£29.84-£33.70 umbrella

Depending on skill, experience and qualifications

Working Days and Hours: Monday to Friday, 9am-5pm

Job Summary

• Overall responsibility for Income team members.
• Lead on the accounting, financial reporting and invoicing of all income for the Trust. 
• Lead on the management of central income (Health Education England, Deferred Income, Research and Development, Elective Recovery Fund, South East London Acute Provider Collaborative and Cancer Alliance Network) and associated expenditure, in conjunction with the Financial Management (FM) Team, liaising with external bodies to ensure the correct level of income is received within the Trust. 
• To have complete oversight of all Trust income streams
• Be responsible for the production and maintenance of the patient level income reports to supplement activity reporting by the Business Intelligence Team (BI) for all internal and external reporting.
• Support the financial training and development of staff within the Income team including technical training and guidance on NHS Payment system (NHSPS), Education & Training and other income.
• Champion the delivery of the Improving use of Resources Programme across the Trust

Responsibilities

• Calculate, assess, review and report to both the Head of Income and Planning (HoIP) and Associate Director of Finance (ADoF) the impact of monthly changes to income for the Trust.
• Support year-end process for patient related and central income including preparation of high-quality working papers and liaison with External Audit. 
• Support all Divisions within the Trust with regards to patient level income, providing monthly analysis against plan for income. 
• Provide complex financial analysis for patient level income including forecasting and sensitivity analysis, in year contract negotiations, business cases and in year service and tariff developments.
• Communicate complex finance issues to multi-disciplinary groups of staff and stakeholders communicating effectively the results of NHSPS and the impact to Managers and Clinicians across the Trust. This will involve presenting complex finance information to non-financial people.
• Responsible for the development, production and maintenance of the patient level income reports for internal and external reporting, ensuring compliance within the statutory and mandatory deadlines. This will include Finance, Infrastructure and Transformation Committee, Board and Divisional reporting. Provide detailed variance analysis to enable the Divisions to deliver their financial plan and track where activity and income has deviated from planned levels.
• Ensure income is accurate in both the general ledger and the contract monitoring system. 
• Attending and contributing to the monthly pre performance meetings providing detailed analysis of the patient level income position. Work with senior managers within the Divisions to define their income reporting requirements and work with other colleagues to deliver appropriate solutions to those requirements.
• Work with the Financial Accounting team as required ensuring income is accurately reflected and forecast to enable effective management of cash and working balances including cash flow forecasting. 
• Undertake the production of any ad-hoc information requests as appropriate.
• Contribute where required in the production of service line reporting with regards to patient level and central income.

Key Skill, Qualification and Experience

• CCAB/ CIMA Qualified
• Master degree or equivalent experience
• Evidence of continued professional development to enhance core accounting knowledge and non financial skills (such as management development)
• Experience working in a large complex organisation including working with non finance colleagues in clinical and corporate disciplines
• Working knowledge and understanding of the NHS Payment Scheme
• Possess an understanding of financial systems and to be able to extract, interpret, manipulate and present information in a meaningful way. 
• Experience contributing to multi-disciplinary teams.
• Experience in analysing and interpreting highly complex financial and other data.
• Financial management experience including budgetary control, financial planning and forecasting in the NHS or an equivalent large and complex organisation
• Staff management experience
• Successful track record of working in high performing multi disciplinary teams delivering challenging targets and achieving results
• Experience in interpreting national guidance and implementing locally
• Excellent IT skills including the use of complex spreadsheets and databases
• Able to analyse highly complex issues involving material drawn from various sources, including financial and non-financial data, sometimes conflicting
• Understanding of Trust standing orders, standing financial instructions, scheme of delegation and financial procedures
• Outstanding communication skills with ability to communicate with staff at all levels in the organisation including verbal, written and via the use of high level presentation tools
• Ability to relate and work effectively with all levels of staff (finance and non finance) and establish a network of contacts inside and outside the Trust
• Ability to challenge colleagues and senior staff to contribute to the setting of priorities
• Ability to draft concise reports and present clear verbal briefings on complex financial and non financial data and issues
• Knowledge of statutory accounts procedures and guidelines
• Time management skills including the ability to balance priorities working within a matrix structure

Questions

Do you have previous experience working as Band 8 Senior Income Accountant within the NHS?

Do you have experience working as Senior Income Accountant?

Do you hold, CIMA, ACCA, CIPFA, ACA? 

Do you have knowledge of income accountancy within a large organisation?

Do you meet the criteria above and available to start immediately?