Senior Finance & Performance Manager

Lancaster Medical Practice

The closing date is 14 February 2025

Job summary

Job Summary:

The post holder will lead and develop the finance and performance function of both Lancaster Medical Practice and Lancaster Medical Group, to ensure robust delivery of financial and performance services. The post holder is responsible for management of all aspects of financial services, as well as driving the high standard of performance for the organisation. The post holder will remain accountable to the Director of Finance, Performance and Contracting and the Senior Leadership Team through regular financial and performance reporting. The post holder will take the lead on Finance and Performance services by devising and implementing appropriate practice policies and procedures, to ensure efficient and effective delivery of all matters relating to Finance and Performance.

Main duties of the job

Major Duties/Responsibilities

  • Financial planning
  • Financial management
  • Financial services
  • Financial and performance reporting
  • Payroll
  • Ledger management
  • HMRC
  • Superannuation

About us

Lancaster Medical Practice is a large, at-scale, GP provider delivering General Medical Services to around 68,000 patients in Lancaster and surrounding villages. Formed in April 2017 from our successful, legacy practices, Lancaster Medical Practice has continued to evolve to become the strong, high performing Practice it is today, receiving a rating of Outstanding by the Care Quality Commission in August 2018.

LMP is committed to safeguarding and promoting the welfare of children, young people and vulnerable adults. All successful candidates will be subject to a criminal records check with the Disclosure and Barring Service (DBS). All staff are therefore expected to behave in such a way that supports this commitment and will be responsible for safeguarding the interests of children and adults who they come into contact during their work.

Please be aware that in the event that we receive a high number of applications, we reserve the right to close the post before the closing date.

Please note, we are unable to support candidates requiring a skilled worker visa for this post as the Practice is only able to support clinical posts at this time.

Date posted

30 January 2025

Pay scheme

Other

Salary

£43,545.92 a year

Contract

Permanent

Working pattern

Full-time, Part-time, Flexible working

Reference number

A4138-25-0001

Job locations

Lancaster Medical Practice

Owen Road

Lancaster

LA1 2LG


Job description

Job responsibilities

Key Duties/Responsibilities

To provide professional leadership and expert advice for Finance and Performance matters across the organisation.

To demonstrate high level leadership and managerial skills, acting as a change agent, for the development and implementation of innovations in practice and service modernisation, working in line with LMPs overall aims and priorities.

Maintain an awareness of and interpret strategic direction and national documents. Analyse and make judgement on reports, national policy guidance and recommendations to advise and influence the organisation.

The post holder will provide professional leadership which inspires, motivates and empowers staff within LMP and LMG to ensure high quality services.

Provide comprehensive support and coordination of the Performance agenda within the organisations

Provide a role model for others to emulate, always exhibiting high standards of professional behaviours.

Ensure active collaboration with health and social care partners to respond to local and national guidance and directives.

Develop guidelines, protocols and plans in relation to all aspects of Financial and Performance services.

Ensure appropriate systems are in place to provide assurance of all aspects of Financial and Performance services.

Support the delivery and achievement of Practice Quality Outcomes Framework (QOF) and other financial performance schemes, such as QiS, IIF and enhanced services. This also includes schemes such as PQS for LMG.

Adopt a matrix style of working, including working with colleagues in Nursing, Medical and Medicines Management Services, Lead Partners for Corporate Services and the wider Senior Leadership Team.

Supporting the Director of Finance, Performance and Contracting and Managing Partner to liaise with commissioners, partners and other stakeholders in relation to Finance and all aspects of Performance (such as enhanced service specifications) as appropriate.

Provide written reports to the Corporate Services and Performance Committees and Partnership Board for all areas of Finance and Performance, including projection reporting, year to date achievement, financial summary and end of quarter/year reports.

To set, review and report on annual strategic objectives in relation to finance and performance within the organisation.

Authorised signatory as line manager for time sheets and travel expenses.

Oversee the establishment and maintenance of accurate record-keeping and reliable accounting systems for all aspects of Finance and Performance

Establish an annual profit projection; set expenditure budgets and income projections; monitor income and expenditure performance against projection on a regular basis

Prepare and present monthly financial reports and projections

Prepare and present monthly performance reports and projections

Ensure practice controls are in place to maximise practice income; undertake regular analysis and recommend action as required

Establishment of expenditure budgets and ensure that they are devolved with appropriate supervision

Forecast, calculate and arrange payment of GPs monthly drawings in line with the partnership agreement

Ensure that systems are in place to monitor NHS and private income against an annual forecast; analyse information and present to partners on a regular basis; compare practice performance with local and national data; recommend action in response to underperformance as required

Negotiate terms and conditions for banking and accountancy services; update and review the development of financial systems and services in liaison with financial institutions

Oversee arrangements for the management of the practice staffing budget

Assistance in the preparation of final accounts and submit to the practice accountant at year-end

Review the use of all practice resources and develop appropriate business plans to secure additional sources of funding for future service and organisational developments

Set petty cash budgets annually; review individual areas of petty cash expenditure and take remedial action as necessary

Ensure that payroll and pensions systems are operated in line with inland revenue and pension scheme guidelines; ensure that financial and security controls are in place and reviewed regularly

Oversee arrangements for the settlement of accounts; authorisation of payments (including automated bank payments); record-keeping and value for money for all practice expenditure

Assess all practice insurance policies in line with the changing needs of the practice and ensure adequate cover at all times; make sure that claims are made as required

Oversee the monthly preparation of financial information and bank reconciliation

Oversee the monthly preparation and submission of claims through systems such as CQRS

Staff Management

To provide leadership to and directly line manage the Finance and Performance Team in relation to recruitment, appraisal, performance, management, professional registration requirements, sickness issues etc.

To develop and lead Finance and Performance Team to provide a high quality service.

Job description

Job responsibilities

Key Duties/Responsibilities

To provide professional leadership and expert advice for Finance and Performance matters across the organisation.

To demonstrate high level leadership and managerial skills, acting as a change agent, for the development and implementation of innovations in practice and service modernisation, working in line with LMPs overall aims and priorities.

Maintain an awareness of and interpret strategic direction and national documents. Analyse and make judgement on reports, national policy guidance and recommendations to advise and influence the organisation.

The post holder will provide professional leadership which inspires, motivates and empowers staff within LMP and LMG to ensure high quality services.

Provide comprehensive support and coordination of the Performance agenda within the organisations

Provide a role model for others to emulate, always exhibiting high standards of professional behaviours.

Ensure active collaboration with health and social care partners to respond to local and national guidance and directives.

Develop guidelines, protocols and plans in relation to all aspects of Financial and Performance services.

Ensure appropriate systems are in place to provide assurance of all aspects of Financial and Performance services.

Support the delivery and achievement of Practice Quality Outcomes Framework (QOF) and other financial performance schemes, such as QiS, IIF and enhanced services. This also includes schemes such as PQS for LMG.

Adopt a matrix style of working, including working with colleagues in Nursing, Medical and Medicines Management Services, Lead Partners for Corporate Services and the wider Senior Leadership Team.

Supporting the Director of Finance, Performance and Contracting and Managing Partner to liaise with commissioners, partners and other stakeholders in relation to Finance and all aspects of Performance (such as enhanced service specifications) as appropriate.

Provide written reports to the Corporate Services and Performance Committees and Partnership Board for all areas of Finance and Performance, including projection reporting, year to date achievement, financial summary and end of quarter/year reports.

To set, review and report on annual strategic objectives in relation to finance and performance within the organisation.

Authorised signatory as line manager for time sheets and travel expenses.

Oversee the establishment and maintenance of accurate record-keeping and reliable accounting systems for all aspects of Finance and Performance

Establish an annual profit projection; set expenditure budgets and income projections; monitor income and expenditure performance against projection on a regular basis

Prepare and present monthly financial reports and projections

Prepare and present monthly performance reports and projections

Ensure practice controls are in place to maximise practice income; undertake regular analysis and recommend action as required

Establishment of expenditure budgets and ensure that they are devolved with appropriate supervision

Forecast, calculate and arrange payment of GPs monthly drawings in line with the partnership agreement

Ensure that systems are in place to monitor NHS and private income against an annual forecast; analyse information and present to partners on a regular basis; compare practice performance with local and national data; recommend action in response to underperformance as required

Negotiate terms and conditions for banking and accountancy services; update and review the development of financial systems and services in liaison with financial institutions

Oversee arrangements for the management of the practice staffing budget

Assistance in the preparation of final accounts and submit to the practice accountant at year-end

Review the use of all practice resources and develop appropriate business plans to secure additional sources of funding for future service and organisational developments

Set petty cash budgets annually; review individual areas of petty cash expenditure and take remedial action as necessary

Ensure that payroll and pensions systems are operated in line with inland revenue and pension scheme guidelines; ensure that financial and security controls are in place and reviewed regularly

Oversee arrangements for the settlement of accounts; authorisation of payments (including automated bank payments); record-keeping and value for money for all practice expenditure

Assess all practice insurance policies in line with the changing needs of the practice and ensure adequate cover at all times; make sure that claims are made as required

Oversee the monthly preparation of financial information and bank reconciliation

Oversee the monthly preparation and submission of claims through systems such as CQRS

Staff Management

To provide leadership to and directly line manage the Finance and Performance Team in relation to recruitment, appraisal, performance, management, professional registration requirements, sickness issues etc.

To develop and lead Finance and Performance Team to provide a high quality service.

Person Specification

Qualifications

Desirable

  • Accountancy qualified with minimum 5 years experience
  • Degree or equivalent demonstrable experience
  • Evidence of Continuing Professional Development
  • Post-graduate Qualification in Management discipline

Experience

Essential

  • Minimum 3 years senior management experience
  • Managing change
  • Managing resources
  • Development of individuals and teams
  • Development and implementation of business cases
  • Demonstrate strong leadership skills
  • Excellent communication skills ability to motivate people, talk to people effectively, write reports and present information
  • Ability to work with clinicians and senior managers
  • Ability to make decisions
  • Negotiation and influencing skills
  • Organise workload
  • Time management
  • Analytical skills
  • Risk Management

Desirable

  • Management of finance and contracting in primary care
  • Project Management
  • Awareness and understanding of the NHS Environment, especially in relation to primary care

Personal

Essential

  • Demonstrate strong leadership qualities
  • Possess a professional appearance and manner
  • Have drive, enthusiasm and initiative
  • Self-motivated
  • Flexible approach
  • Positive thinker
  • Ability to challenge constructively
  • Able to work under pressure

Desirable

  • Car driver/owner
Person Specification

Qualifications

Desirable

  • Accountancy qualified with minimum 5 years experience
  • Degree or equivalent demonstrable experience
  • Evidence of Continuing Professional Development
  • Post-graduate Qualification in Management discipline

Experience

Essential

  • Minimum 3 years senior management experience
  • Managing change
  • Managing resources
  • Development of individuals and teams
  • Development and implementation of business cases
  • Demonstrate strong leadership skills
  • Excellent communication skills ability to motivate people, talk to people effectively, write reports and present information
  • Ability to work with clinicians and senior managers
  • Ability to make decisions
  • Negotiation and influencing skills
  • Organise workload
  • Time management
  • Analytical skills
  • Risk Management

Desirable

  • Management of finance and contracting in primary care
  • Project Management
  • Awareness and understanding of the NHS Environment, especially in relation to primary care

Personal

Essential

  • Demonstrate strong leadership qualities
  • Possess a professional appearance and manner
  • Have drive, enthusiasm and initiative
  • Self-motivated
  • Flexible approach
  • Positive thinker
  • Ability to challenge constructively
  • Able to work under pressure

Desirable

  • Car driver/owner

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

Lancaster Medical Practice

Address

Lancaster Medical Practice

Owen Road

Lancaster

LA1 2LG


Employer's website

https://www.lancastermedicalpractice.co.uk/ (Opens in a new tab)

Employer details

Employer name

Lancaster Medical Practice

Address

Lancaster Medical Practice

Owen Road

Lancaster

LA1 2LG


Employer's website

https://www.lancastermedicalpractice.co.uk/ (Opens in a new tab)

For questions about the job, contact:

HR Department

lscicb-mb.lmp.hr@nhs.net

01524239775

Date posted

30 January 2025

Pay scheme

Other

Salary

£43,545.92 a year

Contract

Permanent

Working pattern

Full-time, Part-time, Flexible working

Reference number

A4138-25-0001

Job locations

Lancaster Medical Practice

Owen Road

Lancaster

LA1 2LG


Supporting documents

Privacy notice

Lancaster Medical Practice's privacy notice (opens in a new tab)