Job summary
Effective finance business partners are the ones who make the connections between people, groups and issues. They have the courage to speak up, to challenge, to hold up the mirror to the business and ask questions. They will be sitting in the middle of the decision making table offering a financial angle as well as insight to help drive better outcomes for patients.
Candidates from either the private sector or wider public sector organisations are strongly encouraged to apply. NHS experience is beneficial but not essential for the Finance Business Partner roles. We are looking for people who are motivated, ambitious and want to work in an environment where they can make an impact.
Your salary and benefits:
Band 8b (inclusive of HCAS)
27 days annual leave (rising to 29 and 33 days with service) plus bank holidays
Flexible working arrangements
Excellent training, learning and development opportunities
Generous NHS pension scheme (including 20.68% employer contribution)
Health services discounts (retail, holidays, entertainment and restaurants)
Season ticket loan and cycle to work scheme
Main duties of the job
o Produce financial plans for the division that meets the financial objectives of the Trust
o Develop, implement and monitor the financial components of the Divisions Annual Plan ensuring that efficient systems are available to allow income and expenditure plans to be projected for up to 3 years
o Provide expert advice on the Division's Income and Activity position to the Senior Divisional Team
o Lead in the development of divisional CIP schemes. To review CIP plans for the services within their divisions, challenging assumptions and assessing risk to ensure scheme information is robust, accurate and deliverable
o Lead on investment appraisal and highly complex financial analysis of divisional development proposals and business cases, both internal and external to the Trust. To work closely with the capital team to ensure that the impacts 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 Trust objectives, assessing risks and identifying risk mitigating actions as required.
o Present highly complex financial information to Executive Directors, Divisional Managers, Divisional Clinical Directors and other Senior Managers within the Trust
o To interpret contracting rules especially for non PbR and specialist NHSE commissioning.
About us
King's College Hospital NHS Foundation Trust is one of the UK's largest and busiest teaching Trusts with a turnover of c£1 billion, 1.5 million patient contacts a year and more than 15,000 staff based across South East London. The Trust provides a full range of local and specialist services across its five sites. The trust-wide strategy of Strong Roots, Global Reach is our Vision to be BOLD;Brilliant people, Outstanding care, Leaders in Research, Innovation and Education, Diversity, Equality and Inclusion at the heart of everything we do. By being person-centred, digitally-enabled, and focused on sustainability, we aim to take Team King's to another level.
We are at a pivotal point in our history and we require individuals who are ready to join a highly professional team and make a real, lasting difference to our patients and our people.
King's is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus. Everyone's contribution is required in order to meet the goals set out in our Green Plan and we encourage all staff to work responsibly, minimising their contributions to the Trust's carbon emissions, waste and pollution wherever possible.
Job description
Job responsibilities
Lead, coach and manage the performance of the team in line with good people management practices. Ensuring excellence is recognised and underperformance is addressed. Participate in regular performance appraisal meetings and ensure each member of the team has a clear set of objectives and development plans. Ensure the team is compliance with all statutory, mandatory training together with any professional training requirements, ensuring they are up to date and fully compliant. Manage team absences including sickness in line with Trust policy ensuring the appropriate return to work meetings occur, e-roster is updated and productivity is at keep to the highest possible level. Identify and fill any vacancies that arise within the team in line with the Trusts recruitment policy and process. Identify talent and support the internal talent management process in order attract and retain and succession plan for your people. Review skills mix at regular intervals in order to identify any potential opportunities to maximise resource utilisation / allocation, ensuring job descriptions are kept up to date.
Please refer to the job description and personal specification for more details.
Job description
Job responsibilities
Lead, coach and manage the performance of the team in line with good people management practices. Ensuring excellence is recognised and underperformance is addressed. Participate in regular performance appraisal meetings and ensure each member of the team has a clear set of objectives and development plans. Ensure the team is compliance with all statutory, mandatory training together with any professional training requirements, ensuring they are up to date and fully compliant. Manage team absences including sickness in line with Trust policy ensuring the appropriate return to work meetings occur, e-roster is updated and productivity is at keep to the highest possible level. Identify and fill any vacancies that arise within the team in line with the Trusts recruitment policy and process. Identify talent and support the internal talent management process in order attract and retain and succession plan for your people. Review skills mix at regular intervals in order to identify any potential opportunities to maximise resource utilisation / allocation, ensuring job descriptions are kept up to date.
Please refer to the job description and personal specification for more details.
Person Specification
Qualifications
Essential
- Qualified CCAB accountant, with substantial post qualification experience at a senior level. Post holder must comply with all the professional ethics of the Accounting body to which they are registered
- Educated to Degree level
- Appropriate understanding of the different accounting treatments required for the NHS by legislation or Department of Health policies
Experience
Essential
- Significant management accounting experience at a senior level
- Significant experience of the NHS or similar clinical environment
- Presentation of financial information and leading financial discussions at senior management and executive level meetings
Skills
Essential
- Detailed understanding of the financial analysis required for the submission of service development business cases
- Detailed knowledge of the commissioning regime; knowledge of the structure of the national tariff, and also the effects of policies such as QIPP, CQUINS and emergency readmissions on divisional income
- High level IT skills on the usage of systems including financial ledgers systems, budget setting, costing, payroll etc.
Person Specification
Qualifications
Essential
- Qualified CCAB accountant, with substantial post qualification experience at a senior level. Post holder must comply with all the professional ethics of the Accounting body to which they are registered
- Educated to Degree level
- Appropriate understanding of the different accounting treatments required for the NHS by legislation or Department of Health policies
Experience
Essential
- Significant management accounting experience at a senior level
- Significant experience of the NHS or similar clinical environment
- Presentation of financial information and leading financial discussions at senior management and executive level meetings
Skills
Essential
- Detailed understanding of the financial analysis required for the submission of service development business cases
- Detailed knowledge of the commissioning regime; knowledge of the structure of the national tariff, and also the effects of policies such as QIPP, CQUINS and emergency readmissions on divisional income
- High level IT skills on the usage of systems including financial ledgers systems, budget setting, costing, payroll etc.
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).
