Job summary
IMPACT is a newly formed Provider Collaborative, taking on the responsibilities of commissioning Adult Secure Mental Health services for the East Midlands Region. IMPACT is hosted by Nottinghamshire Healthcare NHS Foundation Trust (NHFT) and comprises nine provider organisations, both NHS and independent sector.
This role will sit within the Provider Collaborative hub and report to the IMPACT Business Manager. Professional finance support and development opportunities will come from the NHFT Finance Directorate.
The IMPACT Finance function will oversee the financial performance for East Midlands Adult Secure Mental Health services, ensuring systems are in place for robust financial control and promoting best value for money.
To avoid conflicts of interest and maintain the 'Chinese' Wall between the Lead Provider and other Providers within the Provider Collaborative, the post holder will be required to sign a confidentiality agreement.
Main duties of the job
This role is responsible for accurate and timely financial reporting of IMPACT (Provider Collaborative) activities and is the is lead finance representative in the negotiation and monitoring of contracts commissioned by IMPACT.
The post holder will be an integral member of the IMPACT management team, providing support and appropriate financial advice on a range of issues applicable to the function.
To manage and develop finance staff on a day to day basis and deputise for the Head of Finance Corporate Services when required as appropriate to this role. To act as finance lead on a range of projects.
About us
Nottinghamshire Healthcare employs over 10,000 colleagues who help #MakeADifference every day. We provide intellectual disability, mental health, community health, forensic and offender healthcare services across Nottinghamshire, Leicestershire, Lincolnshire and South Yorkshire. Care is delivered from over 120 sites within the community from acute settings and across low, medium and high secure environments including prisons.
As one of the largest mental health and community trusts in the East Midlands and one of the biggest employers in Nottinghamshire. We are also home to national and regional services such as the National High Secure Deaf Service and the Nottingham Centre for Transgender Health.
We are committed to flexible and agile working, including the opportunity to join our bank.
Your health and wellbeing is our priority and as such we invest significantly in this via our in-house Occupational Health Service, Staff Counselling Service and Health and Wellbeing Team.
We offer a number of employee-led staff networks, including Equality, Diversity and Inclusion (EDI) groups, our Green Champions Network, Freedom to Speak Up Network. Health and Wellbeing Champions Network and Menopause Champions. We provide care to a diverse range of communities and are passionate about supporting diversity and inclusion in the Trust.
If you believe in our values of Trust, Honesty, Respect, Compassion and Teamwork, then we would love to hear from you!
#TeamNottsHC
Job description
Job responsibilities
Interpretation & Planning
Utilise in depth specialist knowledge of business, legislative and NHS environment to assist in developing proposals and production of plans and recommendations which impact on IMPACTs Financial StrategyForecast activity and expenditure against the local and national strategic bed plans.Align the financial and clinical model and agree quality outcomes targets to facilitate financial modelling.
Business Support
Develop and manage influential relationships with key customers and other stakeholders such as provider collaborative partners and Integrated Care Systems in order to obtain business intelligence and to provide specialist financial and commercial advice.Evaluation of complex proposals and to influence the development of broader policy across IMPACT.Lead on financial planning and input to the IMPACTs integrated business plan.Model the financial costs of service re-design proposals across the Collaborative ensuring that they are viable options that offer best value.Manipulate data from various systems to validate payments.Ensure the timely and accurate payment of all invoices for SLAs and ad hoc expenditure, and the accurate recording of the same.Co-develop financial incentives that focus on high quality and clinically effective patient outcomes.To be the lead finance representative in contract management and negotiation.
Policy
Direct the development, implementation and monitoring of compliance with Trust financial policy to ensure that best practice is disseminated, and IMPACT policy is consistent with Trust strategy.To interpret the impact of National or Organisational Policy and prepare and respond to this.
Line Management
Direct, lead and motivate the finance staff reporting to the post holder.Recruit and train new members of staff where appropriate.Appraise staff and identify their training and development needs in order to maximise their potential and the contribution they make to the Organisation.
Systems & Performance Improvement
Actively participates in improving systems or structures within the finance, performance and contracting department.Developing changes to business-wide structures and monitoring their success.Developing detailed and accurate reports from General Ledger and other highly complex IT systems.
Relationship Management
Seek out and develop relationships with key professional and clinical contacts to represent the interests of IMPACT and the Trust and to facilitate the exchange of information and the provision of informed financial advice.Engage with clinical colleagues to facilitate the capture of up to date information for forecasting and reporting purposes.Ability to broker compromise with managers when competing for scarce resources.Fulfill the role of Senior Finance Lead in the IMPACT senior leadership teamAttend each provider quarterly contract review meeting
Plan Setting
In conjunction with appropriate IMPACT managers, prepare and set plans for relevant areas including service re-design and improvement plans, in accordance with timetables as agreed with the Programme Director.Refresh budgets in line with national guidance and Trust guidance.Refresh budgets and Financial Plan as required following adjustments by the NHSE to the IMPACT financial envelope, in line with national guidance and Trust guidance
Financial Reporting
Design appropriate financial reporting templates that sit within the integrated performance report and ensure that there is good oversight and governance for the IMPACT senior team.Present this information to the Senior Team.Identify and report against the key financial risks and mitigations and ensure that these feed into the IMPACT risk register.Ensure the preparation of accurate and timely financial reports for IMPACT. 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.Inform senior finance colleagues of the current and forecast position of expenditure under the post holders management, and any associated risks.Regular reconciliation between Commissioning Finance reports and the general ledger to validate the budget reports, including any quality incentive schemes.Contribute to the timely and accurate completion of the annual accountsInform senior finance colleagues of the current actual YTD and forecast out-turn position for income and expenditure under the post holders management, analyse the variances and any associated risks.
Business Case & Tender Development
Contribute to the results of the commissioning function by analysing complex problems relating to business case production. Make judgements on financial risk where there is no precedent and where opinions may conflict.Use complex tools in order to model various scenarios and benchmark services.Internal and external deadlines are successfully met, and the individual plays an integral part of project team with clinicians, operational managers and corporate services.Ability to write financial elements within Full Business Cases/contracts/specifications as they are developed across the team.
Ad hoc
Contribute to the results of the commissioning function by analysing complex problems relating to business case production. Make judgements on financial risk where there is no precedent and where opinions may conflict.Use complex tools in order to model various scenarios and benchmark services.Ability to write financial elements within Full Business Cases/contracts/specifications as they are developed across the team
Education and Development
a) Self
To demonstrate continuing professional development, through development of knowledge, skills and keeping up to date with professional practice.
b) Non-Financial Manager
To ensure all managers in the designated function fully understand the financial information presented to them, identifying and implementing any training needs as necessary.
If you would like to know more and to speak to a member of our team, please contact kathleen.sargent@nottshc.nhs.uk
Closing Date: Midnight Monday 3 June 2024
Job description
Job responsibilities
Interpretation & Planning
Utilise in depth specialist knowledge of business, legislative and NHS environment to assist in developing proposals and production of plans and recommendations which impact on IMPACTs Financial StrategyForecast activity and expenditure against the local and national strategic bed plans.Align the financial and clinical model and agree quality outcomes targets to facilitate financial modelling.
Business Support
Develop and manage influential relationships with key customers and other stakeholders such as provider collaborative partners and Integrated Care Systems in order to obtain business intelligence and to provide specialist financial and commercial advice.Evaluation of complex proposals and to influence the development of broader policy across IMPACT.Lead on financial planning and input to the IMPACTs integrated business plan.Model the financial costs of service re-design proposals across the Collaborative ensuring that they are viable options that offer best value.Manipulate data from various systems to validate payments.Ensure the timely and accurate payment of all invoices for SLAs and ad hoc expenditure, and the accurate recording of the same.Co-develop financial incentives that focus on high quality and clinically effective patient outcomes.To be the lead finance representative in contract management and negotiation.
Policy
Direct the development, implementation and monitoring of compliance with Trust financial policy to ensure that best practice is disseminated, and IMPACT policy is consistent with Trust strategy.To interpret the impact of National or Organisational Policy and prepare and respond to this.
Line Management
Direct, lead and motivate the finance staff reporting to the post holder.Recruit and train new members of staff where appropriate.Appraise staff and identify their training and development needs in order to maximise their potential and the contribution they make to the Organisation.
Systems & Performance Improvement
Actively participates in improving systems or structures within the finance, performance and contracting department.Developing changes to business-wide structures and monitoring their success.Developing detailed and accurate reports from General Ledger and other highly complex IT systems.
Relationship Management
Seek out and develop relationships with key professional and clinical contacts to represent the interests of IMPACT and the Trust and to facilitate the exchange of information and the provision of informed financial advice.Engage with clinical colleagues to facilitate the capture of up to date information for forecasting and reporting purposes.Ability to broker compromise with managers when competing for scarce resources.Fulfill the role of Senior Finance Lead in the IMPACT senior leadership teamAttend each provider quarterly contract review meeting
Plan Setting
In conjunction with appropriate IMPACT managers, prepare and set plans for relevant areas including service re-design and improvement plans, in accordance with timetables as agreed with the Programme Director.Refresh budgets in line with national guidance and Trust guidance.Refresh budgets and Financial Plan as required following adjustments by the NHSE to the IMPACT financial envelope, in line with national guidance and Trust guidance
Financial Reporting
Design appropriate financial reporting templates that sit within the integrated performance report and ensure that there is good oversight and governance for the IMPACT senior team.Present this information to the Senior Team.Identify and report against the key financial risks and mitigations and ensure that these feed into the IMPACT risk register.Ensure the preparation of accurate and timely financial reports for IMPACT. 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.Inform senior finance colleagues of the current and forecast position of expenditure under the post holders management, and any associated risks.Regular reconciliation between Commissioning Finance reports and the general ledger to validate the budget reports, including any quality incentive schemes.Contribute to the timely and accurate completion of the annual accountsInform senior finance colleagues of the current actual YTD and forecast out-turn position for income and expenditure under the post holders management, analyse the variances and any associated risks.
Business Case & Tender Development
Contribute to the results of the commissioning function by analysing complex problems relating to business case production. Make judgements on financial risk where there is no precedent and where opinions may conflict.Use complex tools in order to model various scenarios and benchmark services.Internal and external deadlines are successfully met, and the individual plays an integral part of project team with clinicians, operational managers and corporate services.Ability to write financial elements within Full Business Cases/contracts/specifications as they are developed across the team.
Ad hoc
Contribute to the results of the commissioning function by analysing complex problems relating to business case production. Make judgements on financial risk where there is no precedent and where opinions may conflict.Use complex tools in order to model various scenarios and benchmark services.Ability to write financial elements within Full Business Cases/contracts/specifications as they are developed across the team
Education and Development
a) Self
To demonstrate continuing professional development, through development of knowledge, skills and keeping up to date with professional practice.
b) Non-Financial Manager
To ensure all managers in the designated function fully understand the financial information presented to them, identifying and implementing any training needs as necessary.
If you would like to know more and to speak to a member of our team, please contact kathleen.sargent@nottshc.nhs.uk
Closing Date: Midnight Monday 3 June 2024
Person Specification
Qualifications
Essential
- Possess a Professional accounting qualification (CCAB/CGMA qualified)
Desirable
- Educated to degree level or equivalent
Training
Essential
- Demonstrate evidence of recent continuing professional development
Contractual Requirements
Essential
- A driving license with access to a vehicle is required for this post
- Role will require a mix of home and office working as well as travel to work across the East Midlands and wider
Experience
Essential
- A minimum of 2 years post qualified experience
- Knowledge of NHS finance and business planning regimes
- Appointing & Managing staff
- Working with computerised financial systems
Desirable
- Experience of using McKeowns 'integra' General Ledger
- Crystal reporting
- Experience of a commissioning environment
Skills
Essential
- Ability to problem solve and find solutions.
- Ability to communicate articulately at a high level internally & externally
- Possess numerical and analytical skills and can assimilate and interpret data to make resultant judgements
- Able to lead, train and motivate a team
- Ability to work under pressure and meet multiple changing deadlines
- Excellent IT skills including working with computerised financial systems
- Excellent written & report writing skills & can convey complex financial issues to non-finance managers.
- Possess excellent negotiating & influencing skills
- Ability to work on own initiative, as well integrate within the team
- Ability to connect strategically e.g. to keep abreast of developments in the Collaborative and the wider NHS that may impact on the role
- Teaching Skills for training non finance managers
Person Specification
Qualifications
Essential
- Possess a Professional accounting qualification (CCAB/CGMA qualified)
Desirable
- Educated to degree level or equivalent
Training
Essential
- Demonstrate evidence of recent continuing professional development
Contractual Requirements
Essential
- A driving license with access to a vehicle is required for this post
- Role will require a mix of home and office working as well as travel to work across the East Midlands and wider
Experience
Essential
- A minimum of 2 years post qualified experience
- Knowledge of NHS finance and business planning regimes
- Appointing & Managing staff
- Working with computerised financial systems
Desirable
- Experience of using McKeowns 'integra' General Ledger
- Crystal reporting
- Experience of a commissioning environment
Skills
Essential
- Ability to problem solve and find solutions.
- Ability to communicate articulately at a high level internally & externally
- Possess numerical and analytical skills and can assimilate and interpret data to make resultant judgements
- Able to lead, train and motivate a team
- Ability to work under pressure and meet multiple changing deadlines
- Excellent IT skills including working with computerised financial systems
- Excellent written & report writing skills & can convey complex financial issues to non-finance managers.
- Possess excellent negotiating & influencing skills
- Ability to work on own initiative, as well integrate within the team
- Ability to connect strategically e.g. to keep abreast of developments in the Collaborative and the wider NHS that may impact on the role
- Teaching Skills for training non finance managers
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.
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).
Additional information
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.
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).
