Financial Advisor

Employer
Woodrow Mercer
Location
Bangor, Gwynedd (Remote)
Salary
Day rate - negotiable - Inside IR35
Closing date
7 Oct 2021

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Job Details

To process and manage all aspects of income and expenditure for the Health Board in relation to the Mental Health and Learning Disabilities Directorate Budget, in line with Standing Financial Instructions, Standing orders and Accounting Standards and Guidelines.

Works within the Financial or Management Accounting Finance Team, providing professional assistance and financial advice and support to managers, and undertakes investigation into complex financial variances and analysis, suggesting relevant corrective action to Health Board managers as necessary.

Ensuring that all income, expenditure and invoices are processed and accounted for in accordance with set procedures and Accounting Standards, and that all information is provided in accordance with statutory reporting requirements, timescales and standards, through the completion of own work and the coordination with other colleagues across the Finance Department and wider Health Board.

To provide specific financial analysis and information to support the production of the Health Boards monthly Monitoring Returns and Annual Accounts as submitted to the Welsh Government, in line with statutory and legal timescales, guidelines, policies and procedures.

To provide timely, accurate and meaningful financial management information within tight financial time-scales and ensure that work is completed in compliance with Standing Orders, Standing Financial Instructions, and Scheme of Delegation.

MAIN DUTIES & RESPONSIBILTIES

To work as part of the Financial or Management Accounting Finance Team in the preparation, processing and managing of all income and expenditure in relation to the Mental Health and Learning Disabilities Directorate budget within the overall Health Boards allocations, providing cover across or for other Area / Divisions or Exec Director budgets as may be  required as directed by the Senior Management Accountant.

To monitor all of the Budgets, ensuring compliance with standing orders, standing financial instructions and any other Health Board or Statutory accounting standards, policies and guidelines. Discuss and respond to / deal with queries from staff, customers or suppliers, any issues in respect of any aspect of Health Board / Area/ Division income or expenditure, including areas of complexity and sensitivity. Resolution requires analysis of complicated financial data and the interpretation and presentation of the results and recommendations for finance and non-finance staff.

Assist in the preparation of detailed service budgets (for pay, non-pay and income), including the processing, reconciling and control of all such budgets within the Oracle Financial Systems and general ledger

Preparation and control of journals for inputting to the general ledger, in accordance with systems and audit controls and monthly timescales, ensuring all entries are made against to relevant and correct account codes to support monthly and annual financial performance management reporting

Calculate & prepare accounting adjustments e.g. Accruals & Prepayments for input into the general ledger as part of the monthly and annual Accounts process

To undertake monthly balancing and reconciliation of accounts / ledgers, ensuring sound audit trails are maintained.

Undertake monthly analysis of the financial performance of the Named Budgets in order to accurately project the financial position at year end, using complex mathematical formulae to forecast year end costs

Use of Excel spreadsheets to input and manipulate financial data to calculate the financial impact of service development or change and the presentation of that financial data in the form of graphs and professional reports.

Company

Woodrow Mercer Healthcare have made thousands of placements of skilled, dedicated and expert interim consultants into the NHS.

What makes us different is our commitment to transparent commercials, long term relationships and being the most knowledgeable recruitment team in the market.

Our Healthcare Recruitment Consultants are unmatched in our experience and track record in this market. 

Find Us
Website:
Telephone
0121 720 3955
Location
55 Colmore Row
Birmingham
United Kingdom
B3 2AA
United Kingdom

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