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Management Accountant

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Greater Manchester Mental Health NHS Foundation Trust

25d ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Manchester, +1

AI generated summary

  • You must communicate confidently, solve problems, manage a team, prepare financial reports, liaise with medical leads, and ensure timely, accurate submissions with insightful commentary.
  • You will manage a team, prepare financial reports, analyze performance, assist with medical staffing reconciliations, and ensure timely, accurate management reports with insightful commentary.

Requirements

  • Candidates should therefore be confident in liaising with budget managers, have excellent communication skills and be able to use their initiative to solve problems and work as a supportive and efficient team member, with a good attention to detail. A flexible, positive, ’can do’ attitude is required for this role, as it offers an opportunity to help build and shape the managements accounts team and the finance processes of the organisation.
  • To manage and be fully responsible for a section of the Management Accounts team, this includes the Service Accountant and Management Accounts Assistant.
  • To prepare appropriate financial reports to set timelines with written analysis / commentaries for the various service line senior finance managers enabling them to manage their areas of the business, analysing reasons for under / over performance and ensuring that the likely full year outcome is well explained.
  • To assist with medical staffing ensuring that the medical financial position is understood, this will require regular liaison with Trust Medical Leads including HR and a complete and thorough regular reconciliation to provide assurance of affordability against existing budgets.
  • To contribute towards the preparation of the monthly Management Reports and Board briefings ensuring that information is prepared in a timely manner, is accurate and is accompanied by incisive commentary explaining major variances to budgets / forecasts.
  • To assist the Senior Management Accountant provide first class high quality Strategic/Operational financial information for both internal and external reporting.
  • To manage workload such that all deadlines are met, whilst completing work to a high standard, allowing for appropriate review and amendment by senior management before documents are disseminated outside the finance department.

Responsibilities

  • To manage and be fully responsible for a section of the Management Accounts team, this includes the Service Accountant and Management Accounts Assistant.
  • To prepare appropriate financial reports to set timelines with written analysis / commentaries for the various service line senior finance managers enabling them to manage their areas of the business, analysing reasons for under / over performance and ensuring that the likely full year outcome is well explained.
  • To assist with medical staffing ensuring that the medical financial position is understood, this will require regular liaison with Trust Medical Leads including HR and a complete and thorough regular reconciliation to provide assurance of affordability against existing budgets.
  • To contribute towards the preparation of the monthly Management Reports and Board briefings ensuring that information is prepared in a timely manner, is accurate and is accompanied by incisive commentary explaining major variances to budgets / forecasts.
  • To assist the Senior Management Accountant provide first class high quality Strategic/Operational financial information for both internal and external reporting.
  • To manage workload such that all deadlines are met, whilst completing work to a high standard, allowing for appropriate review and amendment by senior management before documents are disseminated outside the finance department.

FAQs

What qualifications are required for the Management Accountant position?

Candidates should possess relevant accounting qualifications and have experience in financial management, reporting, and analysis.

What are the key responsibilities of the Management Accountant?

The Management Accountant will manage a section of the management accounts team, prepare financial reports, assist with budgeting and forecasting, and liaise with budget managers and stakeholders.

How does this role contribute to the financial understanding of the GMMH services?

The Management Accountant will help GMMH services understand and manage their financial position through the production of monthly reports, analysis of performance, and providing support in planning and reporting.

What skills are essential for this role?

Essential skills include excellent communication, problem-solving abilities, attention to detail, and the capability to work effectively as part of a dynamic team.

Is experience in healthcare finance a requirement?

While not explicitly stated, experience in healthcare finance may be beneficial due to the specific context of the role within GM Mental Health services.

Who will the Management Accountant report to?

The Management Accountant will report to the Senior Management Accountant and be responsible for managing a section that includes the Service Accountant and Management Accounts Assistant.

What is the work environment like at Greater Manchester Mental Health Foundation Trust?

The work environment is described as dynamic and supportive, allowing opportunities for learning, skill development, and contributing to improvements in mental health care.

How does the team communicate major financial variances?

The team prepares incisive commentaries accompanying financial reports to explain major variances to budgets and forecasts.

Are there opportunities for professional development in this role?

Yes, GMMH supports its staff in learning and developing their skills, providing opportunities for professional growth.

What is the application process for the Management Accountant position?

Interested candidates should contact Christopher Brooks via the provided email or phone number for further details and guidance on the application process.

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Greater Manchester Mental Health NHS Foundation Trust

We provide life-changing mental health and substance misuse recovery services.

Science & Healthcare
Industry
1001-5000
Employees
2017
Founded Year

Mission & Purpose

Greater Manchester Mental Health NHS Foundation Trust provides mental health services across Greater Manchester. Their mission is to deliver high-quality, compassionate mental health care that enhances the quality of life for individuals and their families. They focus on supporting mental wellbeing through comprehensive, patient-centered services and innovative treatments tailored to meet the needs of their diverse community.