Job summary
Head of Financial Planning and Corporate Reporting
The Head of Financial Planning and Corporate reporting is responsible for providing a comprehensive range of financial information to support Trust management in making key decisions. This includes the collation of monthly financial management information and producing reports for external, internal purposing including Trust committee's and Trust Board
Responsible for co-ordinating, developing and summarising Trust budgets. This will include responsibility for calculation and allocation of ICSU control totals, Cost Improvement targets and monitoring of these as part of the Trusts budget-setting process. Contributing and ensuring that these outputs are accurately reflected in the Trusts annual operating plan submission and monthly NHS Improvement financial returns.
Support the process of financial planning for the Trust to provide and co-ordinate the multiple inputs and outputs required including the co-ordination with budget holders, finance leads and Workforce. Assist in the creation of the Trusts written plan and submission of the Trusts Financial planning return to NHSE/I when required
Main duties of the job
Lead the process of strategic financial planning (medium term and long-term financial models) for the Trust to provide and co-ordinate the multiple inputs and outputs required including the co-ordination with the Directors, Finance Leads and Human Resources.
Supporting and coordinating the Trust's annual budgeting process including identification and prioritisation of cost pressures and the monitoring and reporting of performance against budget throughout the year.
Leading on national and other local financial reporting and other STP / ICS requirements including to compile and coordinate the production of monthly financial and workforce NHSI/E monitoring returns.
About us
Whittington Health serves a richly diverse population and works hard to ensure that all our services are fair and equally accessible to everyone. Nowhere is this more obvious than in the way we look after our staff. We aim to employ a workforce which is as representative as possible of this population, so we are open to the value of differences in age, disability, gender, marital status, pregnancy and maternity, race, sexual orientation, and religion or belief. The Trustbelieves that as a public sector organisation we have an obligation to have recruitment, training, promotion and other formal employment policies and procedures that are sensitive to these differences. We think that by doing so, we are better able to treat our patients as well as being a better place to work.
Job description
Job responsibilities
MAIN DUTIES
Contribute to the monthly financial closedown within the Finance team, and to work with the Senior Finance team to produce the monthly financial position. This will require detailed, and potentially complex, monthly analysis of financial data and effective communication of the cause and impact of material variances in conjunction with the senior finance team.
Ensure high quality accurate financial information and advice is provided to support managers and the Operational Director of Finance and Chief Finance Officer and other stakeholders in effective decision making, including statutory returns and benchmarking returns to the NHSEI and DOH.
Manage the co-ordination and delivery of effective financial reporting advice to the Operational Director of Finance and Senior Managers within the organisation.
Provide timely and accurate information to comply with external and internal needs i.e. to enable the accurate and timely production of the annual budgets in line with specified timetables to meet internal and external requirements, ensuring an effective audit trail back to the general ledger.
Be responsible for collating and reporting of financial information in line with the Trusts STP commitments.
Ensuring the Trust maintains a comprehensive reconciliation of its reserves position and provide sufficient scrutiny and governance of the use of the funds, developing robust monitoring and recording of the inter-relationships between income and expenditure
Working closely with workforce colleagues to ensure the integrity of the Trusts funded establishment to that of the ESR database on a monthly basis
Lead on the financial management and reporting of the CIC Pharmacy, ensuring management of a management account/accounts assistant in CIC work including responsibility for training, working with Financial Accounts, CIC managers and CIC audit as required, and attending CIC Pharmacy board meetings.
Responsible for the preparation of any required regular or ad-hoc papers and reports for the CIC Pharmacy board and management
The job description is not intended to be exhaustive and it is likely that duties may be altered from time to time in the light of changing circumstances and after consultation with the post holder.
Job description
Job responsibilities
MAIN DUTIES
Contribute to the monthly financial closedown within the Finance team, and to work with the Senior Finance team to produce the monthly financial position. This will require detailed, and potentially complex, monthly analysis of financial data and effective communication of the cause and impact of material variances in conjunction with the senior finance team.
Ensure high quality accurate financial information and advice is provided to support managers and the Operational Director of Finance and Chief Finance Officer and other stakeholders in effective decision making, including statutory returns and benchmarking returns to the NHSEI and DOH.
Manage the co-ordination and delivery of effective financial reporting advice to the Operational Director of Finance and Senior Managers within the organisation.
Provide timely and accurate information to comply with external and internal needs i.e. to enable the accurate and timely production of the annual budgets in line with specified timetables to meet internal and external requirements, ensuring an effective audit trail back to the general ledger.
Be responsible for collating and reporting of financial information in line with the Trusts STP commitments.
Ensuring the Trust maintains a comprehensive reconciliation of its reserves position and provide sufficient scrutiny and governance of the use of the funds, developing robust monitoring and recording of the inter-relationships between income and expenditure
Working closely with workforce colleagues to ensure the integrity of the Trusts funded establishment to that of the ESR database on a monthly basis
Lead on the financial management and reporting of the CIC Pharmacy, ensuring management of a management account/accounts assistant in CIC work including responsibility for training, working with Financial Accounts, CIC managers and CIC audit as required, and attending CIC Pharmacy board meetings.
Responsible for the preparation of any required regular or ad-hoc papers and reports for the CIC Pharmacy board and management
The job description is not intended to be exhaustive and it is likely that duties may be altered from time to time in the light of changing circumstances and after consultation with the post holder.
Person Specification
Qualifications
Essential
- CCAB Qualified
- Evidence of recent and ongoing professional development
- Master Levels
Experience
Essential
- 5 year post qualification experience (planning an advantage)
- Formulates plans to support strategic objectives and good grasp of NHS legislation, policies and procedures
- Experience of working within a finance team at a senior level
Skills
Essential
- Strong communication and engagement skills.
- Positive attitude and highly self-motivated and can motivate others
- Developed communication skills for delivering key messages to a range of stakeholders
Person Specification
Qualifications
Essential
- CCAB Qualified
- Evidence of recent and ongoing professional development
- Master Levels
Experience
Essential
- 5 year post qualification experience (planning an advantage)
- Formulates plans to support strategic objectives and good grasp of NHS legislation, policies and procedures
- Experience of working within a finance team at a senior level
Skills
Essential
- Strong communication and engagement skills.
- Positive attitude and highly self-motivated and can motivate others
- Developed communication skills for delivering key messages to a range of stakeholders
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.
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
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.
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
