FAQs
What is the primary responsibility of the Management Accountant?
The primary responsibility of the Management Accountant is to provide timely and accurate management information to budget holders and senior management, ensuring that the data is understood and used by non-finance managers to meet their performance targets.
Who does the Management Accountant report to?
The Management Accountant works under the direction of the Finance Business Partner.
What kind of meetings will the Management Accountant have with budget holders?
The Management Accountant will undertake regular meetings with budget holders to review accounts and support their understanding of the financial position.
Will the Management Accountant be required to prepare financial reports?
Yes, the Management Accountant will be responsible for producing accurate and timely budgetary control reports and directorate performance packs within the agreed timetable.
Is prior experience in finance necessary for this role?
While the job description does not specify, typically, a strong background in finance or accounting is essential for performing the duties of a Management Accountant effectively.
How does the Management Accountant collaborate with other teams?
The Management Accountant works closely with the Financial Services Team to prepare the monthly trust accounts as per the requirements set out by the Associate Directors of Financial Services and Operational Finance.
What types of services does the South London and Maudsley NHS Foundation Trust (SLaM) provide?
SLaM provides a wide range of NHS mental health services and substance misuse services for individuals with addictions to drugs and alcohol.
Who should I contact for further details or informal visits regarding the position?
For further details or informal visits, you can contact Helen Bell, Finance Business Partner, at helen.bell@slam.nhs.uk.
Can the Management Accountant work independently?
Yes, the Management Accountant is expected to work with minimal supervision while supporting the Finance Business Partner.
Is experience with budget management important for this role?
Yes, experience with budget management is important as the Management Accountant will be responsible for investigating and analyzing variances from budget and reporting these to budget holders.