About this role
Job summary
Join Somerset NHS Foundation Trust as an Income Accounts Analyst within our dedicated Finance team. This role is key to analysing and producing detailed financial information related to high-cost drugs and patient related activity, supporting the Trust's management accounts and income teams.
You will coordinate monthly reporting cycles, working closely with the Head of Income and wider Finance colleagues to ensure accurate, timely financial data that supports decision-making and contract management.
This position offers flexible working and the chance to contribute to a responsive, high-quality financial service that underpins patient care and operational success.
Main duties of the job
To support the Head of Income and other Officers of the Trust in the negotiation of clinical service and support contracts for services provided and received from ICB's and other bodies
To lead and co-ordinate the accounting, monitoring, forecasting and reconciliation of Income associated with contracted and non-contracted clinical services
To ensure that the requirements for internal and external reporting are met, and that risks associated with contract performance are highlighted
To oversee the production of monthly income reporting information and the prompt distribution of Contract Monitoring Information to commissioners in accordance with established timetables
To work with the wider finance team and key stakeholders throughout the Trust in order to promote an understanding of, and engagement with, income standards and outputs.
To provide financial information as required to the Finance Department within agreed timescales and deadlines, ensuring a high-quality professional finance service is provided to all users.
To be part of a robust forecasting process for financial information which is commensurate to the financial value/level of risk and provide input as appropriate which will in turn feed the organisations financial plans.
About us
At Somerset NHS Foundation Trust, we're committed to supporting our employees with a range of benefits designed to enhance your professional and personal life. We offer:
Flexible working options to help you balance work and lifeNHS pension scheme for long-term financial securityGenerous annual leave allowance to recharge and relaxA strong focus on career development to help you grow and achieve your potentialAdditionally, you'll gain access to our Blue Light Card, unlocking exclusive discounts on shopping, dining, and leisure activities, as well as NHS-specific perks to support you both inside and outside of work.
We are proud to foster a diverse, skilled, and inclusive workforce, and we encourage applications from all backgrounds.
Why Somerset? Somerset offers the perfect blend of idyllic countryside, outstanding areas of natural beauty, and breathtaking coastlines, with vibrant cities like Bristol, Bath, and Exeter just a short drive away - and only two hours to London.
The region is home to excellent educational facilities, and with affordable housing compared to other parts of the country, it's a great place to build both your career and your future.
Somerset truly has it all - the peaceful countryside and cosmopolitan city life, with something for everyone to enjoy.
Job description Job responsibilities Please refer to the attached Job Description and Person Specification for more information about the role.
Person Specification
Qualifications Essential
Able to demonstrate commitment to continuing professional development
Desirable
Part qualified CCAB or equivalent experience Educated to degree level, or equivalent
Experience Essential
Production of monthly financial reports and performance information Participation in Commissioning activities for services provided by or received Experience of preparing reports or accounts to tight timescales Experience of managing and delivering in year reporting requirements
Desirable
Experience of NHS finance function
Disclosure and Barring Service Check This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Employer details Employer name Somerset NHS Foundation Trust
Address County Hall
The Crescent
Taunton
Somerset
TA1 4DY
United Kingdom
Employer's website https://www.somersetft.nhs.uk/ (Opens in a new tab)