Location: Brecon, United Kingdom
Salary: £46,840 to £53,602 per annum
Contract: Permanent
Working Pattern: Full-time
Certificate of Sponsorship: Available
Closing Date: 20 May 2025
Job Overview
Powys Teaching Health Board is looking for a highly skilled Management Accountant to join its dynamic finance team. This exciting role will provide strategic financial leadership and management to ensure the Health Board meets its financial reporting and control requirements. The ideal candidate will possess a robust understanding of financial management systems within the NHS regime and have the ability to convey complex financial information to both financial and non-financial stakeholders.
In this senior position, the successful candidate will work autonomously and use their expertise to support the Health Board’s financial operations. They will also manage the Management Accountancy team for a specific service area, ensuring high standards of financial governance, reporting, and business case analysis.
Key Responsibilities
As a Management Accountant at Powys Teaching Health Board, you will have a range of key responsibilities:
1. Financial Reporting and Budgetary Control
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Lead the preparation of the Health Board’s annual budget, ensuring it is aligned with strategic goals and financial constraints.
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Oversee monthly internal financial reporting, contributing to financial monitoring returns to Welsh Government (WG).
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Provide accurate and timely financial reports for service areas, highlighting potential risks, opportunities, and variances.
2. Financial Planning and Strategy
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Develop and implement financial strategies for service areas to achieve long-term sustainability.
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Provide strategic financial advice on the Health Board’s business cases and policy direction.
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Analyze complex financial data and communicate key insights to senior management and stakeholders.
3. Staff Management and Development
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Manage a dedicated team of finance professionals, ensuring high levels of performance and development.
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Offer leadership and mentorship, providing clear guidance on the application of financial management principles and best practices.
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Foster a positive, inclusive working environment that encourages collaboration and professional growth.
4. Business Case Development
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Act as a liaison accountant for specific service areas, ensuring financial implications of development proposals are thoroughly analyzed.
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Lead the financial evaluation of major projects and provide recommendations to support informed decision-making.
5. Financial Advice and Support
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Provide expert financial advice to service managers and non-finance staff on budget management and financial controls.
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Offer financial training to non-financial staff, ensuring they understand budgetary control techniques and their implications.
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Advise on cost-saving initiatives and efficiency improvements across service areas.
6. Financial Systems and Processes Management
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Lead the maintenance and development of the Health Board’s financial systems, ensuring they are efficient and compliant with NHS guidelines.
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Regularly review financial procedures and implement improvements to enhance operational efficiency.
Qualifications and Experience
Essential Qualifications:
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CCAB fully qualified accountant (or equivalent) and a member of a relevant professional body.
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Actively participating in CPD (Continuous Professional Development) or demonstrating equivalent work-based experience.
Essential Experience:
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Significant experience in a senior financial management role within the NHS or a similar large-scale organization.
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Proven ability to manage complex financial information and communicate it effectively to both finance and non-finance audiences.
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Expertise in budget management, financial reporting, and business case evaluation.
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Strong knowledge of NHS financial management systems and procedures.
Essential Skills:
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Strong IT skills, including advanced data analysis and financial modeling.
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Ability to motivate and influence others, fostering a collaborative and high-performing finance team.
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Exceptional communication skills, capable of conveying complex financial concepts clearly to a wide range of stakeholders.
Desirable:
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Welsh language skills are advantageous but not essential.
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Experience of working in a rural healthcare setting is a plus.
About Powys Teaching Health Board
Powys Teaching Health Board is the smallest health board in Wales, offering a unique opportunity to work in a close-knit team where individual contributions are highly valued. The Health Board is committed to providing high-quality healthcare services to the community and is continuously working towards improving the health and well-being of its patients.
As a progressive employer, Powys Teaching Health Board offers a range of career development opportunities, enabling employees to expand their professional skills and advance in their careers. The Health Board is located in one of the most picturesque and tranquil areas of the UK, offering a great work-life balance with access to beautiful countryside and outdoor activities.
Employee Benefits
1. Competitive Salary:
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Enjoy a competitive salary range of £46,840 to £53,602 per annum, reflecting the importance of this role and your expertise.
2. Work-Life Balance:
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The Health Board values a healthy work-life balance, offering flexible working arrangements and a supportive environment to ensure staff well-being.
3. Career Development:
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Opportunities for continuous professional development, including training programs and access to further education resources.
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Career progression paths within the Health Board, with a commitment to promoting from within.
4. Comprehensive Benefits Package:
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Access to the NHS Pension Scheme.
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Generous annual leave and public holidays.
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Employee assistance programs and health and well-being initiatives.
5. Supportive Work Environment:
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A positive and inclusive workplace culture where your contributions are recognized and valued.
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Opportunities to collaborate with professionals from various departments to make a real difference in the local community.
How to Apply
If you are ready to take the next step in your career and make a significant impact within the NHS, Powys Teaching Health Board encourages you to apply for this exciting opportunity.
To apply, visit the official Powys Teaching Health Board website at Apply Now for more information about the job and to submit your application. The closing date for applications is 20 May 2025, so don’t delay.
Additional Information
Disclosure and Barring Service (DBS) Check:
This role is subject to a DBS check as per the Rehabilitation of Offenders Act (Exceptions Order) 1975. All applicants will be required to undergo a criminal records check to ensure the safety of patients and staff.
Certificate of Sponsorship:
This role is open to applicants who require a Certificate of Sponsorship (COS) to work in the UK. Applications from overseas candidates are welcome and will be considered alongside all other applicants. For more information, visit the UK Visas and Immigration website.
UK Professional Registration:
Applicants must have current UK professional registration to apply for this position. For more details, visit the NHS Careers website.
Person Specification
Essential Criteria:
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Qualifications: CCAB qualified accountant (or equivalent) and ongoing CPD.
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Experience: Significant NHS financial management experience, with expertise in budget control, financial reporting, and business case evaluation.
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Skills: Strong communication, leadership, and IT skills, particularly in data analysis and financial modeling.
Desirable Criteria:
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Welsh language skills.
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Familiarity with the financial management systems and protocols within rural healthcare settings.
Conclusion
Joining Powys Teaching Health Board as a Management Accountant offers an incredible opportunity to influence financial strategies within the NHS. You will have the chance to lead a team of professionals, manage complex financial data, and contribute to the success of the Health Board’s initiatives. With an attractive salary, a supportive work environment, and a focus on career development, this position is perfect for those looking to make a significant impact while enjoying a great work-life balance.
Apply now and become a part of this forward-thinking health board committed to providing high-quality healthcare services to the community.