Income & Contracts AccountantinWorcesterinWorcesterPUBLISHED FRI 22 NOV 2024

We have a fantastic opportunity to join a dynamic and fast paced finance function. Reporting to the Head of Financial Performance this post sits within the Trust Wide reporting team and also supports the Head of Income & Contracting ensuring the Trusts income plans are set each year to maximise income into the Trust.

The ideal candidate should be a motivated, enthusiastic and flexible individual with an ability to learn quickly, seeking a role in which to develop their own accounting skills whilst making a positive contribution to the department. They should exhibit good communication skills and be able to influence a range of audiences from fellow finance colleagues to operational and departmental colleagues and managers.

Work as part of the Trust wide reporting team and supporting the Head of Income and Contracting to ensure that the Trust sets appropriate income plans each year, analyses, and reports on performance against those plans accurately and maximises receipt of income into the Trust.

About us

Key Duties:

Month-end and Final Accounts

1. To ensure the Trusts monthly financial ledger accurately reflects the Trusts performance against its income contracts, and especially in respect of patient-specific high cost drugs and devices income.

2. Undertake the appropriate income and data analyses to understand and issue reports on variances against monthly income plans and budgets.

3. Support with the income elements of monthly financial returns and final accounts to NHS England.

4. Support with the production of the monthly income reporting to Trust Board and Committees.

5. Maintain a clear audit trail between internal and external reporting of all aspects of trust income. Producing working papers for internal and external audit, including supporting with the annual accounts audit.

Budget Setting and Annual Planning

6. Support with annual income and activity planning cycle to ensure that income budgets set for the Divisions and Directorate accurately reflect the discussions during the budget setting meetings.

7. Support with the income elements of the NHS England annual plan submission.

8. Maintain the ledger for income budgets ensuring all changes are accurately reflected and reconciled to supporting documentation.

9. Carry out timely and accurate production of agreed analysis related to the commissioning, contracting and business planning processes.

Contracting, Commissioning and Other

10. Work with the Trusts Commissioners, Care Groups and the Trusts Contracting Team to ensure income maximisation for the Trust.

11. Monitor cash receipts from commissioners in line with contracts. Take necessary action to address variances as required.

12. Ensure timely invoicing for income, sending backing and resolving queries on invoices in a timely matter, including commissioner contracts, non-contracted activity, provider contracts/SLAs

13. Resolve any queries raised on monthly contract reports and/or patient-specific high cost drugs and devices by the Trusts main commissioners.

14. Delivery of monthly contract monitoring reports to commissioners, and submission of non SUS contract datasets.

General Duties:

1. Work on specific contract projects liaising with directorates as required.

2. Support the Deputy Director of Finance and the Head of Contracting and Income as required.

3. To contribute to the development of the section to continually improve the service to meet the changing needs of the customers. Including developing procedures and processes.