Location: United Kingdom
Salary: £37,338 to £44,962 per annum
Contract: Permanent
Working Pattern: Full-time
Certificate of Sponsorship (COS): Available
Closing Date: 16 May 2025
Job Summary
Are you ready to take on a challenging and rewarding role in the healthcare finance sector? Robert Jones and Agnes Hunt Orthopaedic Hospital NHS Foundation Trust (RJAH) is looking for an Income & Contracts Analyst to join their dynamic Income, Contracts, and Costing team. This role offers the opportunity to make a significant impact on the Trust’s financial health by ensuring that income is accurately identified and reported monthly. You will work closely with various internal and external stakeholders, including Integrated Care Boards (ICBs) for England, Specialist Commissioners, and Local Health Boards in Wales.
The role offers sponsorship to candidates requiring a Skilled Worker Visa to work in the UK, making it an excellent opportunity for international candidates seeking to contribute to the NHS.
Main Duties of the Job
As an Income & Contracts Analyst at RJAH, your key responsibilities will include:
1. Support the Head of Income, Costing, and Contracts
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Assist in producing the Trust’s monthly clinical income position, ensuring accurate financial reporting.
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Oversee the update of the general ledger with monthly income performance during month-end closures.
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Support the preparation of contract monitoring reports, distributing them to commissioners.
2. Revenue and Contract Management
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Respond to commissioner queries promptly, ensuring a high level of customer service and efficiency.
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Supervise the Contracts Officer and support the development of systems to maximize income and minimize financial risks.
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Develop and maintain a paperless system for recording, monitoring, and billing contract activity.
3. Analysis and Reporting
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Perform monthly clinical income analysis and prepare reports for the Costing team’s Service Line Reporting (SLR) and Patient-Level Information and Costing Systems (PLICS).
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Monitor income performance trends and ensure accurate reporting of financial data.
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Work closely with clinical coding teams to validate data accuracy.
4. Collaboration with Stakeholders
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Collaborate with senior finance staff to maintain an income risk provision.
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Respond rapidly to queries from internal stakeholders, informing healthcare plans and assessing financial risk.
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Coordinate with external bodies, such as NHS England, for monthly financial reporting and ad-hoc data collections.
5. Compliance and Regulatory Updates
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Stay updated on NHS payment system changes and related guidance, ensuring compliance with chargeable activities.
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Assist in benchmarking data submissions and the evaluation of NHS tariffs to ensure the Trust remains competitive and compliant.
6. Financial Strategy and Long-term Planning
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Support the preparation of long-term financial planning, assisting with external financial returns and annual reports.
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Provide advice on remedial actions when discrepancies in activity data or income performance arise.
About Robert Jones and Agnes Hunt Orthopaedic Hospital
RJAH is a leading orthopaedic hospital in the UK, known for its exceptional staff and patient satisfaction levels. It boasts a strong reputation for innovation and research, making it an ideal place for professionals looking to advance their careers.
RJAH offers state-of-the-art facilities, including the £6 million Headley Court Veterans’ Orthopaedic Centre, the first of its kind in the UK. The hospital is located in North Shropshire, close to the Welsh border, offering a beautiful rural setting with excellent transport links and an outstanding quality of life.
Why Join RJAH?
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Professional Development: Access outstanding training and development opportunities.
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Supportive Environment: Benefit from a collaborative, innovative workplace culture.
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Lifestyle: Enjoy the natural beauty and rich history of North Shropshire, perfect for outdoor enthusiasts and families.
Key Responsibilities
1. Income and Contract Performance
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Ensure accurate and timely reporting of clinical income.
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Support the Trust’s income performance management by working closely with clinical and finance teams.
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Monitor non-contracted activity (NCA) to maximize income and minimize risk.
2. Contract Reporting and Query Resolution
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Produce commissioner income reports for monthly analysis, ensuring performance aligns with contract values.
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Lead efforts in answering commissioner queries in a timely manner.
3. Income Risk Management
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Help develop systems for managing financial risks, especially related to non-contracted activity.
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Liaise with senior finance staff to maintain the Trust’s income risk provision and manage potential discrepancies.
4. Financial Systems Management
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Lead the development of systems that track contract activity, ensuring they are in line with NHS financial policies.
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Keep abreast of changes to NHS payment systems and ensure compliance.
5. Data Quality and Contract Monitoring
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Work with the Information Team to address data quality issues related to commissioner contracts.
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Manage the monthly assessment of Partially Completed Spells, ensuring accurate inclusion in the income position.
6. External Reporting
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Oversee the submission of benchmarking data to external bodies, ensuring the Trust’s competitive standing in the NHS market.
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Provide feedback on NHS tariffs and participate in the Department of Health’s annual sense check.
Qualifications
Essential
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CCAB Qualified or Part Qualified, with a commitment to finish studies, or Qualified by Experience.
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At least 3 years of experience in a finance role.
Desirable
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Educated to degree level in a related subject.
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Experience in an NHS finance role, specifically within Costing, Income, or Contracting teams.
Skills and Knowledge
Essential
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Specialist knowledge of finance acquired through experience and/or qualifications.
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Strong analytical skills and the ability to handle complex financial and non-financial data.
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Proficient in Microsoft Excel, with a strong understanding of financial modeling and analysis.
Desirable
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Experience working with SQL, Microsoft Power Apps, Power BI, or Power Query.
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Strong influencing and negotiating skills.
Benefits
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Competitive Salary: £37,338 to £44,962 per year.
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Pension Scheme: Access to the NHS Pension Scheme, one of the most generous public sector schemes.
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Work-Life Balance: Full-time, permanent contract with flexible working options.
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Career Development: Opportunities for training and career progression.
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Generous Leave: A minimum of 27 days of annual leave, plus bank holidays.
How to Apply
Interested candidates can apply through the NHS Jobs portal by submitting their CV and a cover letter that demonstrates their qualifications and experience. Applications will be considered on a rolling basis until the closing date of 16 May 2025.
If you require a Certificate of Sponsorship to work in the UK, please ensure to indicate this when applying.
Location and Accessibility
Job Location:
Robert Jones & Agnes Hunt Orthopaedic Hospital
Oswestry, Shropshire, SY10 7AG
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The nearest train station is in Gobowen, just 2 miles from the hospital, with regular services to Chester and Birmingham.
Final Thoughts
This is an exciting opportunity for an experienced finance professional to make a tangible impact in a highly regarded NHS Trust. If you are passionate about healthcare finance and want to contribute to the success of a leading orthopaedic hospital, apply today to join Robert Jones and Agnes Hunt Orthopaedic Hospital NHS Foundation Trust!