Job vacancy: Financial Analyst, South London and Maudsley NHS Foundation Trust, Croydon

This post is only open to internal applicants.

Job summary

Main area: Non-Clinical Services
Grade: Band 6
Contract: Secondment: 6 months (6 month acting up opportunity)
Hours: Full time - 37.5 hours per week
Job ref: 334-NCL-8071553-MU

Employer: South London and Maudsley NHS Foundation Trust
Employer type: NHS
Site: Jeanette Wallace House
Town: Croydon
Salary: £45,953 - £54,254 per annum inclusive of HCAS
Salary period: Yearly
Closing: 10/08/2026 23:59

Financial Analyst

Band 6

South London and Maudsley NHS Foundation Trust has a rich history, well-established community links and an international reputation. We deliver specialist services in the London boroughs of Croydon, Lambeth, Lewisham and Southwark, Bexley, Bromley, Greenwich, Wandsworth and Richmond.

We are committed to provide a high quality and specialist care to our service users and we are recognised for our care and treatment we provide. The Care Quality Commission already rates our services as ‘good’.

We launched our five-year strategy, Aiming High; Changing Lives in 2021 together with Our Care Improvement System as our quality management system methodology to make a positive impact on patient care, outcomes and staff experience. By joining SLaM, all staff will get the opportunity to be part of this exciting improvement journey supported with learning and development to harness everyone’s potential as change makers.

The trust recognises the unique and valuable contribution that people with lived experience of mental illness can bring to a role. We therefore welcome applications from people with lived experience and consider them as an asset to the Trust.

Our Values

We take pride in providing specialist care to our service users where our Trust values and our promise to be caring, kind, polite, prompt, honest, listen and do what I say I’m going to do is at the heart of everything we do. When you join us, you’ll be part of something special.

As a Trust we are happy to talk flexible working.

Detailed job description and main responsibilities

Key Responsibilities:

1. Analyse the Trust patient activity and derive the Overseas and Non Commissioned Activity (NCA)/Cross Boundary Flow (XBF).

2. Prepare the monthly trust accounts in line with requirements as set out by the Deputy Directors of Financial Services and Operational Finance

3. Provide monthly PID data re NCA/XBD to the relevant stakeholders.

4. Assisting the Finance Business Partner in the costing of business cases and service developments and service line reporting.

5. Completion of ad hoc financial analyses to support the Financial Management function of the Trust.

6. Support the financial systems & the management accounting teams to enable the timely and accurate provision of financial information to budget holders and the Trust board.

7. To be the financial systems expert for the financial management department, and to develop and support reporting within the Department. This includes a training role for the financial systems used by the teams.

8. To deputise in the Finance Business Partner’s absence and provide reciprocal cover for the other Financial Analyst in his/her absence.

9. Investigating and analysing variances from budget and reporting and explaining these to budget holders and other senior managers.

10. Maintain adequate records for audit purposes.

11. Ensure the budget is kept updated for alterations throughout the year in line with budget rules and Standing Financial Instructions.

12. Work through complex financial and non-financial workloads with minimal supervision or support

13. To manage stakeholder expectations and satisfaction, engaging with a range of internal and external customers with different backgrounds and sometimes competing objectives

14. Assisting in other ad-hoc financial exercises as required.

15. Undertake any other duties applicable to the grade/post as required.

16. This post involves the use of display screen equipment as a significant part of normal works and the job holder will be a user as defined in the Health & Safety Policy on work with DSE.

Personal Specification:

Qualifications

Essential Requirements

AAT qualified or at management level for CIMA (50% completion) or at least 50% of exams completed for ACCA (skills level) or 50% complete CIPFA or ACA.

A detailed understanding of finance & accounting procedures with some understanding of its application within an NHS environment

Sound intellectual skills with a general education to degree level or equivalent

Evidence of continuous personal and professional development

Desirable Requirements

Experience

Essential Requirements

An excellent knowledge of Non-Commissioning Activity, Responsible Commissioning and Overseas guidelines is required.

Experience of establishing patient’s responsible commissioners.

Knowledge of calculating monthly accruals and deferred income

Experience of using and developing complex financial management systems

Experience of working to tight deadlines, within a highly pressured change orientated environment

Experience of interpreting and reporting of financial data.

Experience of maintaining financial systems and procedures (IT or otherwise).

Desirable Requirements

Experience of pricing and costing clinical services in an NHS Trust.

Experience of working in a Financial Management background and of analysing/interpreting variances from budgets.

Presentation of financial information to a range of stakeholders, including senior management

Knowledge / Skills

Essential Requirements

Good supervisory and leadership skills as at times this post holder might be responsible for supervising and training a Trainee Accountant whilst meeting deadlines and competing priorities.

Able to express complex and technical issues, both orally and in writing in an easily understood and persuasive manner for a range of audiences

Well-developed skills in analysing and evaluating complex data and information

Excellent spreadsheet skills (Excel) and good general PC skills.

Experience of finance software.

Able to use judgement, experience and knowledge to analyse variances and trends

Able to establish credibility and good relationships with internal management and staff including finance and non-finance managers, clinicians, nurses and other professionals.

Good communication skills and able to influence, persuade and negotiate

The postholder will be required to spend prolonged period of time at a desk and is required to use a PC/VDU almost continually on most days

Able to work with minimal supervision and manage and prioritise own workload under competing objectives, and concentrate for long periods of time to produce regular reports to tight deadlines.

Able to demonstrate a strong commitment to the development of staff in the department and throughout the organisation

Desirable Requirements

Person specification

Qualifications

Essential criteria

AAT qualified or at management level for CIMA (50% completion) or at least 50% of exams completed for ACCA (skills level) or 50% complete CIPFA or ACA.

Knowledge

Essential criteria

Knowledge of calculating monthly accruals and deferred income
An excellent knowledge of non commissioned activity, responsible commissioning and overseas guidance

Experience

Essential criteria

Experience of establishing patients responsible commissioners
Experience of using and developing complex financial management systems

Desirable criteria

Experience of working in a financial management background and of analysing/interpreting variances
Costing experience in an NHS environment

The Trust is committed to providing services which embrace diversity and that promote equality of opportunity. We are a Disability Confident Employer, we welcome applicants from all sections of the community and people of all protected characteristics. We provide reasonable adjustments for candidates with a disability and are committed to treating people fairly with compassion, respect and dignity and in promoting equality and human rights. We aim to put this commitment into practice by:

Embedding our commitment to tackling inequality, eliminating discrimination and harassment; promoting equality of opportunity and fostering good relations in our everyday practice
Ensuring that all our services and all staff understand and support our commitment
We believe that people who use our services, their carers and our staff, should be treated with compassion, respect and dignity

Please note:

That all applications for this post will need to be made online
That you read and understand the Job Description and Person Specification attached to the role. Your Statement in Support should reflect the requirements specified as your application will be judged against these criteria
That the closing date listed is a guide only and that the vacancy may close earlier should sufficient number of applicants have been received. We advise that you submit your application as early as possible
That once you have submitted your application you agree to your application being transferred to a 3rd party e-recruitment system. All subsequent information regarding your application will be generated from apps.trac.jobs
That should you not have heard from us within three weeks from the closing date your application has not been successful
That priority consideration for applications may be given to at-risk NHS employees
That should you be successful and appointed, you authorise South London and Maudsley NHS Foundation Trust to confirm your previous NHS service via an Inter Authority Transfer (IAT) process
That we are a smoke-free Trust

SLaM is a Stonewall Diversity Champion , Stonewall is the largest Lesbian, Gay, Bi and Trans (LGBT) rights charity in Europe’

Helpful Resource: How to Use TRAC for Job Applications
If you're preparing to apply for a role, this guide provides step-by-step instructions on how to use TRAC effectively throughout the application process: Using TRAC to apply