Head of Finance

Job description

Job responsibilities

To ensure the preparation of accurate and timely financial reports for Care Group/Corporate Group. To produce monthly summary data on actuals/forecast with appropriate narrative for inclusion in the Trust Board reports. To review, interpret and present accounts and reports, ensuring that work meets best practice standards and is used appropriately to support proposals and recommendations for decision-making.

Provide guidance and support to budget holders to enable effective budgetary control. Identify and discuss with managers and clinicians areas where savings and efficiencies can be made to enable more effective use of the Trusts resources. Analyse detailed and complex financial statements and forecasts and create reports and presentations that make them readily understandable to non-financial managers.

Manage the financial plan setting and cost improvement identification process within the Care Group/Corporate areas in accordance with Executive Leadership Team agreed timetables. To be solely responsible for agreeing virements to enable the production of a balanced budget.

Work alongside the Deputy Director of Finance in the production of the Trusts annual financial plans, by providing summaries of relevant financial information.

Responsible for the Care Group/Corporate area financial forecast.

Indirectly contribute to the completion of annual accounts.

Staff and Leadership

Direct, lead and motivate the Care Group/Corporate finance team. Recruit and train new members of staff where appropriate including team induction. Appraise directly line managed staff through the PAD process to identify their training and development needs, and performance manage the team in order to maximise their potential and the contribution they make to the organisation. To oversee sickness and absence management of the finance team.

Responsible for ensuring all budget holders in the designated directorates fully understand the financial information presented to them, identifying and implementing any training needs as necessary.

Contribute to development and delivery of Trust wide training to non-financial staff as required

Demonstrate continuing professional development, through development of knowledge, skills and keeping up to date with professional practice.

Work with external Stakeholders

Represent the Trust providing support to develop system plans with colleagues across the ICS.

Business Partnering

Support the relevant managers across Care Group/Corporate to fulfil their statutory duties including the proprietary responsibility and stewardship of public funds. Support the Trust in achieving its planned financial outturn.

Contribute to current departmental issues which may change over time

Ability to present complex financial reports to groups of senior managers and Executive Directors

Service & Policy Development

Lead on ensuring the development of the Trust costing strategy incorporating the NHS England costing roadmap and ensuring our patient level costing system is adequate to provide requirements of the roadmap

Manage the production of costing information in the Trust including the implementation and development of costing systems that will support the production of statutory reference costs and specialty cost returns, and service line reporting.

Utilise financial expertise and in depth specialist knowledge of business, legislative and NHS environment to assist General Managers in developing proposals and production of Care Group/Corporate plans in line with the Trust Strategy.

Direct the implementation and monitoring of compliance with Trust financial policy within Care Group/Corporate areas, so ensuring that best practice is disseminated and Directorate policy is consistent with Trust strategy. To interpret the impact of Organisational Policy as it affects individual Care Units/Corporate areas and prepare them for such impact. Ensure as far as possible budget holders adhere to Trust financial policy.

Efficiency Programme

Finance lead supporting the overall Trust efficiency programme. Assistance across the organization with development and monitoring of cost improvement plans for services, providing financial support and challenges where appropriate.

Training

Lead on finance staff development needs and ensure all finance staff receive mandatory training in a timely manner. Lead on the Finance training offer working with Learning & Development.

Finance Skills Development for the Trust, contributing to decisions on appropriate courses set by FSD, and ensure information on courses is made available to relevant staff.

General

Authorised signatory in line with Scheme of delegation.

Responsible for ensuring Health and Safety policies are implemented and adhered to within Care Group/Corporate finance team.

Person Specification

Qualifications

Essential

• Possess a Professional accounting qualification (CCAB or equivalent)

Desirable

• Educated to degree level or equivalent

Further Training

Essential

• Demonstrate evidence of continuing professional development

Work Experience

Essential

• A minimum of 2 years post CCAB or equivalent experience.
• Knowledge of NHS finance and business planning regimes.
• Appointing & Managing staff.
• Working with computerised financial systems

Aptitudes / Skills

Essential

• Ability to problem solve and find solutions.
• Ability to communicate at a high level internally & externally.
• Possess numerical and analytical skills and have the ability to assimilate and interpret data to make resultant judgements.
• Able to lead and motivate a team.
• Ability to work under pressure and meet changing deadlines.
• Excellent IT skills. Excellent written & report writing skills & have the ability to convey complex financial issues to non Finance Managers.
• Possess excellent negotiating & influencing skills.
• Ability to work on own initiative, integrate within the team.

Values and Behaviours

Essential

• Demonstrate the application of professional ethics, values and judgement in support of the core values underpinning the Finance Department, professionalism, empathy and respect.
• Values diversity and difference, operates with integrity and openness.
• Self-awareness in terms of emotional intelligence, biases and personal triggers with cultural sensitivity and awareness.
• Self-awareness in terms of emotional intelligence, biases and personal triggers with cultural sensitivity and awareness.

Values and Behaviours

Essential

• All colleagues are expected to demonstrate at interview that they act in line with Nottinghamshire Healthcare NHS Foundation Trust Values: Trust Honesty Respect Compassion Teamwork
• All colleagues are expected to demonstrate an understanding of and commitment to Equality, Diversity and Inclusion (EDI) and how it applies to their role. The Trust's expectations are highlighted within our EDI Policy, and associated EDI and Human Rights legislation

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.

Certificate of Sponsorship

Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).

From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).

UK Registration

Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).

Employer details

Employer name

Nottinghamshire Healthcare NHS Foundation Trust

Address

Lichfield Road

200 Lichfield Lane

Mansfield

NG18 4RG

Employer's website

https://www.nottinghamshirehealthcare.nhs.uk/ (Opens in a new tab)