Invicta Health CIC

GP Practice Finance Manager

This job is now closed

Job summary

The post holder will be responsible for the provision of financial planning and oversight across four GP practices. The post holder will work closely with Clinical Directors / Senior Leadership teams and wider finance team to ensure the practices are financially sustainable by maximising income and minimising expenditure. The post holder will play key role in advising and supporting the practices to develop sound basis for planning and developing service changes.

Main duties of the job

To support General practices with setting budget forecast reports, process for monitoring and managing yearly.

To ensure practices have maximised income potential from QOF / LES / DES /PCN and any other supplementary services to the Global sum contract.

To benchmark our practices financial performance against similar size / demographic practices locally, nationally, and internally.

Please refer to JD for full details

To work with practice managers and clinical leads to determine the most effective mechanism for delivering the agreed KPIs

To undertake financial analysis of future PCN / LES / DES contracts and financial impact for Invicta Health.

About us

We are a non-profit company, with a passion for primary care. We have a wide range of services such as hub-based GPs services, GP surgeries, services in Urgent Care Centres and A&E, a Community Primary Care mental health service, GP staff training service and the list is growing all the time.

We are formed by a federation of General Practitioners working in Canterbury and South Kent Coast areas of East Kent.

Our aim is to provide local, high quality services for local people by collaborating with other established organisations in the health and social care community.

Date posted

29 July 2020

Pay scheme

Agenda for change

Band

Band 7

Salary

£38,890 a year

Contract

Permanent

Working pattern

Full-time

Reference number

B0082-20-0845

Job locations

Innovation House

Innovation Way

Sandwich

Kent

CT13 9FF

Dumpton Park Drive

Ramsgate

Kent

CT11 8AD

Minnis Road

Birchington

Kent

CT7 9HQ

Church Lane

New Romney

Kent

TN28 8ER

20 Chapel Road

Dymchurch

Romney Marsh

Kent

TN29 0TD

Job description

Job responsibilities

To support General practices with setting budget forecast reports, process for monitoring and managing yearly.

To ensure practices have maximised income potential from QOF / LES / DES /PCN and any other supplementary services to the Global sum contract.

To benchmark our practices financial performance against similar size / demographic practices locally, nationally, and internally.

To work with practice managers and clinical leads to determine the most effective mechanism for delivering the agreed KPIs

To undertake financial analysis of future PCN / LES / DES contracts and financial impact for Invicta Health.

To ensure process for claiming and checking primary care payments are robust and covers the various sources of funding.

To support and work alongside the finance manager in the development of monthly reports for practices, Senior leadership team and the Board.

To monitor expenditure and identify schemes to reduce costs in all areas

To provide explanations for both expenditure and income variances on yearly basis

To identify and prepayments and accruals

Attend practice meetings as appropriate, develop close working relationships

Provide financial support on business cases and value for money / cost benefit exercises