Divisional Finance Manager

Job description

Job responsibilities

1. To provide high quality timely and accurate financial information to enable divisional managers to assess financial performance. To analyse and interpret information, linking finance to activity and workforce data and support/advise managers on actions to deal with pressures so they can meet agreed financial/service plans.

2. To direct and lead the work of their supporting team, currently one finance manager and liaise with the central finance team to ensure that divisional managers get high quality information and support.

3. To line manage and motivate his/her direct report to perform effectively, develop his/her skills be a successful member of the finance team.

4. To meet trust-wide reporting requirements and adhere to Trust financial policies and standards.

5. To represent the Trusts financial interests when dealing with 3rd party contractors and external organisations eg in negotiating contracts.

6. To work with divisional managers to review financial performance and to forecast income and spend for the rest of each financial year.

7. To work with managers to prepare realistic annual budgets and business plans.

8. To work with clinicians and managers in the division to develop their financial skills, understand financial concepts, and strengthen their ability to manage their budgets effectively. This will be through the provision of formal training and informal coaching/guidance.

9. To contribute to the development of robust, deliverable transformation and savings plans, contributing ideas, providing constructive challenge and technical input to costing etc

10. To present financial information when required to divisional/directorate/care group management teams and ensure they are aware of the Trusts overall financial position

11. As senior members of the finance team to contribute to the effective leadership and direction of the function and the continual improvement and development of the team.

12. To develop the use of service line reporting/patient level costing information is used effectively to inform business cases and business decisions

13. To contribute to the development of capital or revenue business cases with comprehensive activity and financial analysis, to ensure that the Trust has an objective view of the implications of proposed service developments.

14. To ensure divisional managers are aware of the Trusts financial governance requirements, eg SFIs/SOs, and to advise on their application as well as supporting the divisional team to address audit comments and recommendations.

15. To support completion of the Trusts annual accounts and other statutory/regulatory returns as required.

16. To investigate and advise on complex issues that arise in the division/Trust & lead on providing financial and business planning advice to the Directorate.

17. To analyse and use comparative cost information/benchmarking to achieve the most effective use of Trust resources

18. To work with the central finance team to make effective use of financial systems and the use of information technology to streamline processes and provide user friendly information.

19. Any other duties, commensurate with the grade and nature of this post.

Person Specification

Qualifications

Essential

• oCCAB Professional Accountancy qualification or CIMA, with substantial post qualification experience (minimum of 2 years)

Experience

Essential

• Minimum 2 years post qualification experience in a financial management role

Skills

Essential

• oAn ability to analyse complex financial and performance data and draw appropriate conclusions and explain these clearly to non finance people
• oStrong written and verbal communication skills
• oAn ability to develop constructive working relationships with colleagues, budget holders and clinicians
• oAbility to lead and motivate a team

Knowledge

Essential

• oA broad knowledge base incorporating Financial accounting and Financial management
• oA broad understanding of financial issues an Acute Trusts oActivity based costing

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).

Employer details

Employer name

St George's University Hospitals NHS Foundation Trust

Address

St George's Hosptial

Blackshaw Road

London

SW17 0QT

Employer's website

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