Senior Income Accountant

Morgan Hunt requires a Senior Income Accountant for NHS based in South East London

Pay Rate: £34.80ph PAYE

Hours 37.5 9am to 5pm Mon to Fri

Location: South East London

Duration: 3 months on going contract

Key Skills: Qualified accountant. Ideally experience within NHS income and the NHS payment scheme. Experience in financial management

Job Summary:

The purpose of the role is to:

• 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

KEY RESULT AREAS

Financial Reporting

• 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.

Morgan Hunt is a multi-award-winning recruitment Business for interim, contract and temporary recruitment and acts as an Employment Agency in relation to temporary vacancies. Morgan Hunt is an equal opportunities employer, job suitability are assessed on merit in accordance with their skills, qualifications and abilities to perform the relevant duties required in a particular role.