Job responsibilities
The role will report into
the Deputy Director of Finance and take on significant responsibility for
delivering financial sustainability and helping to shape the financial future
of Nottingham CityCare.
The Senior Finance Business
Partner will act as the strategic financial lead for a number of the services
providing high quality financial information, support and advice.
The post holder will oversee
the production of monthly management accounts and other standard finance
reports and dashboards to inform management decision making.
As an integral member of the
service leadership team the post holder will be expected to work closely with Directors,
Assistant Directors Managers, Heads of Service and clinicians across the organisation
and will be committed to constantly seeking ways to improve the processes that
they oversee.
As a member of the Senior Finance Team the role
will also actively contribute to the ongoing development of the Finance
Function and delivery of the directorate.
Key Responsibilities
Leadership
1.
As a member of the senior
finance team the post holder will be a role model for the team in how to
provider a customer focused, high-quality service to managers / clinicians /
directors across the organisation.
2.
For the specific services,
lead and be the organisations expert in all aspects of financial management
ensuring adherence to current accounting standards and policies implementing
changes to these policies / standards as necessary.
3.
Taking a strategic view
working with colleagues in contracting, income, costing and the performance
team to ensure the organisation has coherent information, analysis and plans
that inform resource utilisation and decision making.
4.
To support the senior finance
team with development and implementation of the organisations annual and
long-term financial plans to ensure these are aligned with the wider
Organisation and ICS plans.
5.
To develop expertise and
contribute to the development of financial/business skills within the
broader finance team and managers/clinicians across the Organisation.
6.
To identify opportunities for
information or quality improvements within the wider Financial Management
team to ensure every opportunity is taken to develop and enhance the
provision of an expert Financial Management service to the organisation
Financial Performance
7. To provide high quality, timely, accurate and appropriate
analytical and interpretive financial management information to divisional
teams, business units, budget holders, the senior management team and other
senior staff throughout the Trust.
8. To provide a financial management reporting
service with a focus on identifying trends, risks and opportunities,
communicating these to senior finance staff, services and to the senior
management team in such a way that its use informs management decision
making. Further, to ensure leadership at a service level to understand fully
all aspects of finance including income and expenditure reporting, patient
level costing, activity currencies, contracting arrangements.
9. To provide the Deputy Director of Finance
Financial Management with the information necessary to enable monthly
corporate financial reporting. This will include a clear explanation of the
drivers behind variances, movements in the run rate and an articulation of
the underlying financial position.
10. To attend key meetings to lead discussions on
financial performance of services and corporate areas
11. To develop robust forecasting systems and
models, in association with the wider finance teams, divisions, information
services and wider corporate functions. To ensure these systems are monitored
for accuracy and assumptions are challenged with appropriate individuals to
ensure that information presented is robust, accurate, and deliverable and
owned by relevant individuals. To complete the forecast in a professional
manner with budget holders to ensure effective early warning of potential
future problems which enable financial risk to be effectively managed.
12. To support Finance staff, managers and
clinicians in understanding their income position, and in the identification
and implementation of income maximisation opportunities. Further, to ensure
the organisations interests are served in the provision and receipt of
services from partner organisations (e.g. Universities, ICB, Health Education
England) and the commercial sector.
13. To lead the annual budget setting exercise for
the relevant services and areas, identifying spending trends, cost pressures
and CIPs and advising on delivery of services in the most economic and
effective manner. Ensuring that all plans are in accordance with the
organisations strategic direction.
14. To maintain the integrity of the general ledger
data allowing the organisation to provide a single version of the truth
across all customers of the internal and external financial reporting
Efficiency, Costing and Strategic Developments
15. To support the department in the development
of service and corporate CIP and transformation schemes to promote
productivity and efficiency of resources. To review schemes for the services
within their portfolio, challenging assumptions and assessing risk to ensure
scheme information is robust, accurate and deliverable and owned by relevant
individuals.
16. To work alongside the Transformation team as
required to support the development and subsequent ongoing monitoring of the
schemes to understand and quantify the impact on resource utilisation and
wider performance (e.g. activity, finance, and workforce).
17. To work alongside the Costing Team to utilise service line reporting and
patient level cost information within the portfolio of units. To support
managers and clinicians in understanding the detail behind this information,
in identifying opportunities and in using this information to influence
decision making.
18. To work with the
services and areas to benchmark their services from financial and
non-financial perspectives and to develop reporting mechanisms to monitor and
assess relative performance using internal and external sources, for example
using the Model Health System.
19. To support their Finance team and the wider
department in the modelling of activity, income and expenditure in relation
to complex business case developments and funding proposals, both internal
and external to the Trust. To ensure that the impact of capital costs are
fully factored into revenue business cases and vice versa. To challenge
assumptions with relevant individuals and to be responsible for ensuring that
financial modelling is robust, accurate and in line with overall Nottingham
CityCare objectives, assessing risks and identifying risk mitigating actions
as required.
Wider Responsibilities
20. To support the wider finance department
activities including but not limited to the monthly reporting cycle,
production of the annual accounts and financial statements audit, internal
audit reviews and patient level costing submission.
21. To lead on assigned Nottingham CityCare wide
corporate and finance projects. This may involve working with colleagues
across services, corporate teams and external partner organisations across
the ICS and/or further afield.
22. To work with other clinical and corporate
services to identify opportunities for improvement and enhancement within
financial processes and to lead on the implementation of required changes.
23. To provide cover for the financial management
team business partners in their absence, providing financial information and
support as and when required.
24. To develop Finance staff within the team,
providing leadership as well as contributing to annual appraisals and
objective setting. To identify gaps in the knowledge of team members and work
with colleagues to put in place training systems and processes to ensure
these are closed so the entire team can operate as an effective unit,
providing the highest level of support to this post and to its customers.
25. Providing leadership to the wider finance team
and taking an active role in progressing the strategic vision for the
department, progressing objectives such as Future Focused Finance
accreditation.
26. The post holder may be expected to provide
staff management within the Directorate to ensure effective delivery of a
modern finance function.
27. The post holder will also be expected to
complete any other duties commensurate with the grade and role. This list is
not prescriptive and will be reviewed periodically. Professional
Responsibilities
28. To maintain the integrity of the organisations
financial systems, control environment, procedures and reports.
29. To maintain professional standards within the
Financial Directorate.
30. To ensure that Standing Financial
Instructions, Standing Orders, financial policies and procedures are adhered
to.
31. To deputise for the Deputy Director of Finance
as required. Any other duties as may be required by the Senior Finance
Leadership Team and the Director of Finance and Corporate Services.
32. To undertake Continuing Professional Development (CPD) in line
with the relevant institute requirements
