Management Accountant
Job Description
Job summary
Join PML as a Management Accountant and be at the heart of driving financial excellence and strategic decision-making within our dynamic organisation. In this key role, youll collaborate with the Financial Controller to deliver accurate and timely management accounting information while providing insightful analysis that shapes the future of our business. Youll empower budget holders with the tools and guidance they need to make impactful decisions, directly influencing financial planning, reporting, and compliance. If youre passionate about making a real difference and thrive in a fast-paced, collaborative environment, wed love to hear from you!
Main duties of the job
- Ensuring Financial Integrity
- Driving Financial Reporting
- Providing Financial Insights
- Supporting Business Strategy
- Team Collaboration and Development
About us
PML is a successful not-for-profit, GP-led organisation providing various NHS community and primary care clinical services to patients across Oxfordshire and Northamptonshire. We have evolved as a NHS healthcare provider since 2004 and in the last few years have grown significantly, now employing around 300 staff with a turnover of circa £16m. PML holds GMS contracts, as well as being a GP Federation representing circa 50 GP practices covering approximately 650,000 patients.
We welcome applicants from a diverse range of backgrounds and circumstances and people with protected characteristics under the Equality Act 2010
Job responsibilities
Ensuring Financial Integrity:
- Maintain accuracy and integrity in the general ledger through detailed and timely transaction recording.
- Align financial processing with internal procedures and accounting principles.
Driving Financial Reporting:
- Prepare accurate and comprehensive financial reports within set deadlines.
- Produce monthly management accounts and contribute to the annual statutory accounts and audit cycle.
Providing Financial Insights:
- Analyse departmental and cost centre data, delivering actionable insights for management.
- Identify significant variances and trends, advising budget holders effectively.
Supporting Business Strategy:
- Collaborate on rolling forecasts, year-end predictions, and budget performance reviews.
- Validate new expenditures and support business case development.
Team Collaboration and Development:
- Liaise with finance team members to enhance data quality and reporting standards.
- Partner with financial and non-financial managers, offering guidance tailored to their needs.
Key behaviours
At Principal Medical Ltd (PML), the key behaviours and values centre around providing high-quality, community-based healthcare.
PML emphasise integrity,innovation, andcollaborationamong healthcare professionals to deliver efficient primary and community health services. The organisation values teamwork and reinvests surpluses into services to benefit patients and support General Practice.
These values align with PMLs mission to improve patient outcomes and ensure cost-effective care across their network in Oxfordshire and Northamptonshire.
1. Integrity and Ethical Leadership:
Acts with integrity and upholds high ethical standards, ensuring that all financial activities and reporting align with the companys core values of financial transparency, accountability, and supporting sustainable business practices.
2. Collaboration and Teamwork:
Strong emphasis on collaboration within the finance team and across other departments, working effectively with colleagues to provide accurate financial analysis, budgeting and forecasting that support the companys strategic goals.
3. Innovation and Continuous Improvement:
Commitment to innovation and continuous improvement, with a focus on optimising financial processes, systems, and reporting tools to enhance decision-making and ensure alignment with the companys long-term financial objectives.
4. Adaptability:
Resilient and adaptable in a fast-paced business environment, demonstrating the ability to manage changing financial priorities and regulatory requirements while ensuring compliance with internal financial controls and industry standards.
Person Specification
Qualifications
Essential
- CCAB Qualified of part qualified
- Substantial accounting experience, with at least 2 years in a management accountant role
Experience
Essential
- Proven expertise in variance analysis, trend identification, and budget-setting processes.
- Excellent administrative and organisational skills, with meticulous attention to detail
- Proficiency in Windows-based software
- Ability to explain complex financial matters to both financial and non-financial audiences
- Demonstrated ability to maintain confidentiality and manage sensitive information
- Effective interpersonal and business partnering skills, including influencing and negotiation
- Self-motivated, with the ability to prioritise tasks and take initiative appropriately
- Adaptable and eager to learn new systems and software
- Professional demeanour with a commitment to delivering high-quality results
Desirable
- Experience in the healthcare sector and healthcare administration
- Strong skills in Excel (including VLOOKUPs, SUMIFs, and pivot tables) and familiarity with SAGE accounting software
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
Principal Medical Limited
Address
Principal Medical Ltd
3 Barberry Place
Bicester
Oxfordshire
OX26 3HA
