Costing Analyst, Band 5inCheltenhaminCheltenhamPUBLISHED FRI 14 MAR 2025
As a Costing Analyst, you’ll utilise advanced cost management software to transform complex data into valuable insights, supporting the Head of Costing and liaising with colleagues across the Trust. Your knack for details will shine as you conduct thorough analyses and build strong relationships with clinical professionals, promoting engagement in our costing agenda. Your work will not only influence financial sustainability but also play a crucial role in ensuring that every patient receives the best care possible. If you possess a passion for positive change and are eager to help shape the future of care, we’d love to hear from you!
The successful candidate will play a key part in supporting the Head of Costing as part of the enthusiastic Costing Team. The Costing Analyst will be involved in various costing processes including service line reporting and the national cost collection to transform and improve the Patient Level Costing Data (PLICS) and thus enabling clinical and corporate teams to make a positive difference to patient care. It is an exciting role offering development and varied work with different levels of staff within the Trust and external networking with other NHS organisations.
Utilising the Costing Software to bring together effective analysis of activity and resource consumption, producing cost information that is more meaningful and relevant to clinical and corporate teams.The post will support the Head of Costing in providing relevant, validated and timely information using the wealth of granular data the Trust holds.
The post holder will be vital in the process, validation and analysis of data into information through Microsoft Excel, PowerBI and the cloud based costing software package.
We are looking for a motivated individual who is enthusiastic about enabling best care for everyone, passionate about positive change for staff and patients and an interest in the benefits that Patient Level Costing can have to patients, integrated care system pathways and financial sustainability.
About us
Under the leadership/guidance and support from the Head of Costing:
To support in the delivery through the development and implementation of Service Line Reporting (SLR) and Patient Level Costing (PLICS), utilising various data sources primarily through Civicas managed cloud costing platform model.
Ensure the continuous improvement and refinement to apportionment methodologies, system enhancements and activity weightings.
Build strong relationships with clinical and operational colleagues across the trust to promote engagement on the Trusts costing agenda.
Undertake detailed analysis of complex patient level costing information, highlighting key variances and supporting colleagues in the interpretation of the information.
Support any benchmarking work as required.
Support the timely delivery of the annual national cost collection submission.
Lead in the maintenance and review of the internal costing systems to meet the changing requirements from NHSEI national guidance and standards following the Costing Transformation Programme. This will require keeping up to date with developments of NHSEI costing standards and collection guidance.
Continually review and update with finance and non-finance colleagues any improvements to apportionment methods to reflect the most appropriate way to allocate costs.
Maintain the costing model and the upload of the costing ledger that reconciles to the annual accounts or quarterly ledger output.Represent the trust in discussions with other trusts or the national costing team on general or focussed costing work with peers.
Maintain the Integrated Costing Assurance Log (ICAL) to record the decisions made within costing to prepare for SLR and PLICS.
Please refer to the full job description for further details on the role.
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