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The Business Support Analyst role is responsible for generating and producing monthly budget statements and financial reports, in accordance with the Trust agreed timetables and departmental policies and procedures under the line management of a Senior Business Support Analyst.
Alongside this, the post holder will be responsible for investigating variances from plan by interrogating the Trust's financial systems and to summarise and report on these in monthly performance narratives. In addition, the Business Support Analyst will provide timely resource management information to the Budget Holders with which the role is linked and to assist in the provision of comprehensive financial management information and advice to a range of areas within the Trust.
The role will include meeting budget holders to support the Finance Business Partners and Senior Support Analysts in the budgeting, forecasting and business planning process.
The role requires good communication skills particularly in explaining finance to non-finance staff.
In providing specialist financial expertise and leadership to the business there is an almost constant requirement for the post holder to exercise intense concentration and sustained mental effort in order to analyse, understand, retain and convey information. There is a frequent need for the post holder to prioritise and re-prioritise workloads according to the demands of stakeholders and to meet financial deadlines.
Please refer to the job description for further details.
Leadership
Be a role model in how to provide a customer focused, high quality service to managers, directors, clinicians and finance business partners
Work with colleagues in Contracting, Income, Costing and information/performance management to ensure the Trust has coherent integrated information, analysis and plans.
Develop and maintain an understanding of the Trusts accounting processes and procedures and financial systems.
Support the implementation of actions in response to recommendations from Internal Audit for the enhancement of internal controls and procedures in own areas of responsibility.
Develop a comprehensive knowledge of national accounting standards and a good understanding of financial and other NHS legislation, NHS finance policies and initiatives relating to the NHS financial regime.
Provide robust, accurate and timely core financial reports to meet internal and external month end/ year end deadlines.
Ensure strong relationships and regular communications with all Trust finance managers to ensure they are informed of any data quality issues relating to the financial position of the Trust, new national guidance and policy issues, etc. and to provide them with clear guidance as appropriate.
Financial Reporting, Budget Setting and Forecasting
Produce annual income and expenditure base budget schedules for each sub division/department assigned. Including providing prompt and professional advice to Budget Holders for service developments, cost pressures & cost improvement programmes
Produce comprehensive, robust, accurate and timely monthly financial reports for each assigned directorate/department, covering:
- Income and Expenditure
- Variance Analysis
- Forecasts
- Integration of non-financial (manpower and activity) information
- Narrative and audit trail reports
Accurately prepare any specific internal & external recharges, accruals and amendment journals for processing by the Financial Management Transaction Officers.
Maintain and contribute to the development of detailed standard operating procedure notes in relation to the month end duties you undertake.
Provide training and advice to budget holders and other finance colleagues regarding financial management issues arising out of variance and other ad hoc analysis.
Implement audit recommendations as required and ensure sound system of internal control is maintained.
Understand the Trusts standing financial instructions, procurement policies, audit recommendations and any other centrally issued guidance relating to financial control and bring possible breaches of these policies to the attention of the Senior Finance Manager.
Provide assistance as necessary to line managers and divisional managers with respect to calculations that underpin the formulation of cost improvement programmes and financial schedules incorporated within business cases.
Attend directorate meetings and provide an explanation of financial performance with or without the support of the Senior Business Support Analyst
Working with Head of MA Analytics and the Financial Business Partners to ensure the delivery of accurate and timely reporting of financial information to appropriate levels of management.
Cover other Business Support Analyst roles when required.
The Business Support Analyst role is responsible for generating and producing monthly budget statements and financial reports, in accordance with the Trust agreed timetables and departmental policies and procedures under the line management of a Senior Business Support Analyst.
Alongside this, the post holder will be responsible for investigating variances from plan by interrogating the Trust's financial systems and to summarise and report on these in monthly performance narratives. In addition, the Business Support Analyst will provide timely resource management information to the Budget Holders with which the role is linked and to assist in the provision of comprehensive financial management information and advice to a range of areas within the Trust.
The role will include meeting budget holders to support the Finance Business Partners and Senior Support Analysts in the budgeting, forecasting and business planning process.
The role requires good communication skills particularly in explaining finance to non-finance staff.
In providing specialist financial expertise and leadership to the business there is an almost constant requirement for the post holder to exercise intense concentration and sustained mental effort in order to analyse, understand, retain and convey information. There is a frequent need for the post holder to prioritise and re-prioritise workloads according to the demands of stakeholders and to meet financial deadlines.
Please refer to the job description for further details.
About us
Leadership
Be a role model in how to provide a customer focused, high quality service to managers, directors, clinicians and finance business partners
Work with colleagues in Contracting, Income, Costing and information/performance management to ensure the Trust has coherent integrated information, analysis and plans.
Develop and maintain an understanding of the Trusts accounting processes and procedures and financial systems.
Support the implementation of actions in response to recommendations from Internal Audit for the enhancement of internal controls and procedures in own areas of responsibility.
Develop a comprehensive knowledge of national accounting standards and a good understanding of financial and other NHS legislation, NHS finance policies and initiatives relating to the NHS financial regime.
Provide robust, accurate and timely core financial reports to meet internal and external month end/ year end deadlines.
Ensure strong relationships and regular communications with all Trust finance managers to ensure they are informed of any data quality issues relating to the financial position of the Trust, new national guidance and policy issues, etc. and to provide them with clear guidance as appropriate.
Financial Reporting, Budget Setting and Forecasting
Produce annual income and expenditure base budget schedules for each sub division/department assigned. Including providing prompt and professional advice to Budget Holders for service developments, cost pressures & cost improvement programmes
Produce comprehensive, robust, accurate and timely monthly financial reports for each assigned directorate/department, covering:
- Income and Expenditure
- Variance Analysis
- Forecasts
- Integration of non-financial (manpower and activity) information
- Narrative and audit trail reports
Accurately prepare any specific internal & external recharges, accruals and amendment journals for processing by the Financial Management Transaction Officers.
Maintain and contribute to the development of detailed standard operating procedure notes in relation to the month end duties you undertake.
Provide training and advice to budget holders and other finance colleagues regarding financial management issues arising out of variance and other ad hoc analysis.
Implement audit recommendations as required and ensure sound system of internal control is maintained.
Understand the Trusts standing financial instructions, procurement policies, audit recommendations and any other centrally issued guidance relating to financial control and bring possible breaches of these policies to the attention of the Senior Finance Manager.
Provide assistance as necessary to line managers and divisional managers with respect to calculations that underpin the formulation of cost improvement programmes and financial schedules incorporated within business cases.
Attend directorate meetings and provide an explanation of financial performance with or without the support of the Senior Business Support Analyst
Working with Head of MA Analytics and the Financial Business Partners to ensure the delivery of accurate and timely reporting of financial information to appropriate levels of management.
Cover other Business Support Analyst roles when required.
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