Worcestershire Acute Hospitals NHS Trust

Deputy Business Advisor

Information:

This job is now closed

Job summary

An excellent opportunity has arisen for a Deputy Business Advisor (Clinical).

This vital role is responsible for providing a comprehensive and high quality financial and business support service to the Trusts Specialised Medicine and Urgent Care Divisions.

The post holder plays a crucial role providing expert financial advice and guidance to a range of managers and clinicians within the Divisions whilst maintaining a thorough understanding of the financial position. You will work closely with the leadership teams across the divisions to ensure the consistent achievement of financial performance and outcome targets that supports the delivery of high quality patient care.

You will be a qualified accountant (or equivalent experience), proficient in the use of a wide range of IT systems including a financial ledger. You will also be able to work with non-finance staff to present complex financial information in ways which will ensure engagement and understanding.

Main duties of the job

This is a challenging role and a great opportunity for someone to make a positive impact on the Trust and be a part of a high performing, dynamic and motivated finance team. You must be able to demonstrate the ability to:

- Support the Business Advisor (Specialty Medicine & Urgent Care) in providing a robust financial planning and reporting service to the Divisions including month end closedown, financial forecasting and risk assessment

- Manage a small team of staff to ensure priorities are delivered to expected standards and timescales, and that staff receive both regular appraisals and development opportunities

- Analyse financial and non-financial data in order to identify risks and opportunities

- Establish immediate credibility at all levels and have excellent communication and interpersonal skills, building positive working relationships with staff from a wide variety of backgrounds and professions.

- Work well under pressure in a busy operational environment, prioritising conflicting demands as required whilst maintaining a calm and professional attitude at all times

- Deputise for the Business Advisor as required, including representation at a number of senior forums.

About us

Our purpose is simple - Putting Patients First. We are looking for exceptional colleagues who can help us achieve this.

Worcestershire Acute Hospitals NHS Trust is a large acute and specialised hospital trust that provides a range of local acute services to the residents of Worcestershire and more specialised services to a larger population in Herefordshire and beyond.

The Trust operates hospital-based services from three sites in Kidderminster, Redditch and Worcester

Our workforce is over 7,000 strong, and our caring staff are recognised as providing good and outstanding patient-centred care. You could be one of them.

We are committed to recruiting the best people to work with us to achieve our Vision - working in partnership to provide the best healthcare for our communities, leading and supporting our teams to move 4ward. Our 4ward behaviours, which we ask all staff to demonstrate, underpin our everyday work and remain firmly at the heart of all we do.

Our objectives are simple:

  • Best services for local people
  • Best experience of care and best outcomes for our patients
  • Best use of resources
  • Best people

Better never stops, and our Clinical Services Strategy provides a clear future vision for our Trust, our hospitals, our services and our role in the wider health and care system.

We are proud to have achieved Timewise accreditation - this means we are committed to embedding flexible working within our organisation as a flex positive employer.

Details

Date posted

31 October 2024

Pay scheme

Agenda for change

Band

Band 7

Salary

£46,148 to £52,809 a year

Contract

Permanent

Working pattern

Full-time, Flexible working

Reference number

C9365-24-1226

Job locations

Charles Hastings Way

Worcester

Worcestershire

WR5 1DD


Job description

Job responsibilities

JOB DESCRIPTION

Post Title: Deputy Business Advisor (Clinical Division)

Pay Band: Band 7

Hours: 37.5 hours per week

Location / Department: Finance

Accountable to: Deputy Director of Finance

Reports to: Business Advisor (Clinical Division)

Key Working Relationships:

Internal

Divisional Triumvirate

Directorate Managers

Clinical Directors

Lead clinicians

Departmental/ ward managers

Trust Senior Managers

Internal Audit

HR Department

Finance Department Staff

External

Workforce Confederation

Commissioners and other NHS bodies

Private Providers

External Audit

External Consultants

Risk Assessment:

- Frequent and pro-longed use of VDU/keyboard.

- Light or occasionally moderate physical work such as carrying laptop to meetings.

- Periods of concentration and mental agility with numerial and non-numerical information in electronic, verbal and written form.

- Line Management and interaction with colleagues in a variety of situations including tight deadlines.

- Busy shared office environment.

- Travel to other locations required.

Job Purpose:

The post holder will be responsible for supporting the Business Advisor (Clinical Division) in providing a comprehensive financial management and business support service to the Division.

The post holder will be responsible on a day to day basis for the management of a small team providing financial planning, reporting, training and business support to the Division in addition to deputising for the Business Advisor (Clinical Division) in their absence.

Key Duties:

Financial Planning and Reporting

Supports the Business Advisor (Clinical Division) in providing financial support to the Division and Service Lines.

Co-ordinates and manages the process of annual budget setting for Division working within an agreed corporate framework.

Support the Business Advisor (Clinical Division) in monitoring and reporting upon potential financial risks and risk minimisation strategies

Monitor and forecast expenditure trends/budgetary performance on a monthly basis, identifying variances & service issues for managers & advising them appropriately

Develops and maintains systems to monitor and update Division and Service Line financial plans and advise them on corrective actions where necessary.

Provide information on a monthly basis to contribute to corporate financial reports.

Supports the Business advisor (Clinical Division) and Division Managers in the identification of efficiency savings and provides a monthly schedule of progress against agreed targets

Provision of Financial Advice and Training

Provide formal and informal training, advice and guidance to a wide variety of staff on Standing Financial Instructions and finance and business management issues in order to improve financial awareness, performance, cost effectiveness, and efficiency, revenue generation and to maximise the use of assets.

Provide Business Management and Decision Support

Support the Business Advisor (Clinical Division) in undertaking robust financial evaluation of proposed service changes/developments.

Assists in the development and production of business cases and tender responses, generating options for investment, appraisal of the options and identification of project resources.

With the Business Advisor (Clinical Division) ensure all changes in services or developments are identified and that resource implications are quantified and accounted for.

Contribute to the development on service line reporting in the Division and wider Trust.

With Budget Holders, negotiate Service Level Agreements with a range of external organisations and ensure income is recovered.

Develop and maintain benchmarking and costing apportionments/information to support the business including the production of Reference Costs for the relevant service lines within the Division.

Introduce, adapt and improve financial and information systems within the Division and the wider Trust to assist budget managers in decision making and planning.

Be an active Member of Multidisciplinary Teams

Prepare and present accurate financial information to inform a variety of decision making forums, including formal reports and presentations to meetings linking and interpreting financial, activity, and performance management information.

Work to develop strong relationships with clinicians and managers to develop a culture of shared responsibility for financial issues.

Manage a Small Team of Staff

Leads, manages and motivates a small team on a day to day basis, communicates clearly and openly, creating a sense of trust and encouraging two way discussions/dialogue.

Monitors the work completed by Team members ensuring it is completed to time and quality requirements, and ensure members of the team are regularly appraised.

Complete appraisals of FMA staff and identify the training needs of the team members and ensure PDPs are in place.

Active Member of the Finance Directorate

Participate in finance staff training & development activities

Represent the Finance Directorate contributing to and participating in Trust wide projects and groups to provide a range of financial and business management support.

Identifies and takes responsibility for own development and helps to develop others.

Contributes to improvement activities across the directorate.

The range of duties outlined above is not exhaustive and is subject to modification in light of changing service needs. In addition to the above the post holder may be required to undertake other duties which fall within the grade of the job, in discussion with the manager.

General Duties:

To support the Business Advisor (Clinical Division) in providing robust financial planning and reporting service to a Division including financial forecasting and risk assessment.

To provide expert financial advice and training to a range of managers and clinicians within the division.

To support the Business Advisor (Clinical Division) in providing business management support to enhance decision making within the division.

To be an active member of multi-disciplinary teams contributing to the management of the Division and Service lines.

Manage a small team of staff ensuring regular appraisal and development opportunities.

To be an active member of the Finance Directorate contributing to its development.

Deputise for the Business Advisor in their absence.

Job description

Job responsibilities

JOB DESCRIPTION

Post Title: Deputy Business Advisor (Clinical Division)

Pay Band: Band 7

Hours: 37.5 hours per week

Location / Department: Finance

Accountable to: Deputy Director of Finance

Reports to: Business Advisor (Clinical Division)

Key Working Relationships:

Internal

Divisional Triumvirate

Directorate Managers

Clinical Directors

Lead clinicians

Departmental/ ward managers

Trust Senior Managers

Internal Audit

HR Department

Finance Department Staff

External

Workforce Confederation

Commissioners and other NHS bodies

Private Providers

External Audit

External Consultants

Risk Assessment:

- Frequent and pro-longed use of VDU/keyboard.

- Light or occasionally moderate physical work such as carrying laptop to meetings.

- Periods of concentration and mental agility with numerial and non-numerical information in electronic, verbal and written form.

- Line Management and interaction with colleagues in a variety of situations including tight deadlines.

- Busy shared office environment.

- Travel to other locations required.

Job Purpose:

The post holder will be responsible for supporting the Business Advisor (Clinical Division) in providing a comprehensive financial management and business support service to the Division.

The post holder will be responsible on a day to day basis for the management of a small team providing financial planning, reporting, training and business support to the Division in addition to deputising for the Business Advisor (Clinical Division) in their absence.

Key Duties:

Financial Planning and Reporting

Supports the Business Advisor (Clinical Division) in providing financial support to the Division and Service Lines.

Co-ordinates and manages the process of annual budget setting for Division working within an agreed corporate framework.

Support the Business Advisor (Clinical Division) in monitoring and reporting upon potential financial risks and risk minimisation strategies

Monitor and forecast expenditure trends/budgetary performance on a monthly basis, identifying variances & service issues for managers & advising them appropriately

Develops and maintains systems to monitor and update Division and Service Line financial plans and advise them on corrective actions where necessary.

Provide information on a monthly basis to contribute to corporate financial reports.

Supports the Business advisor (Clinical Division) and Division Managers in the identification of efficiency savings and provides a monthly schedule of progress against agreed targets

Provision of Financial Advice and Training

Provide formal and informal training, advice and guidance to a wide variety of staff on Standing Financial Instructions and finance and business management issues in order to improve financial awareness, performance, cost effectiveness, and efficiency, revenue generation and to maximise the use of assets.

Provide Business Management and Decision Support

Support the Business Advisor (Clinical Division) in undertaking robust financial evaluation of proposed service changes/developments.

Assists in the development and production of business cases and tender responses, generating options for investment, appraisal of the options and identification of project resources.

With the Business Advisor (Clinical Division) ensure all changes in services or developments are identified and that resource implications are quantified and accounted for.

Contribute to the development on service line reporting in the Division and wider Trust.

With Budget Holders, negotiate Service Level Agreements with a range of external organisations and ensure income is recovered.

Develop and maintain benchmarking and costing apportionments/information to support the business including the production of Reference Costs for the relevant service lines within the Division.

Introduce, adapt and improve financial and information systems within the Division and the wider Trust to assist budget managers in decision making and planning.

Be an active Member of Multidisciplinary Teams

Prepare and present accurate financial information to inform a variety of decision making forums, including formal reports and presentations to meetings linking and interpreting financial, activity, and performance management information.

Work to develop strong relationships with clinicians and managers to develop a culture of shared responsibility for financial issues.

Manage a Small Team of Staff

Leads, manages and motivates a small team on a day to day basis, communicates clearly and openly, creating a sense of trust and encouraging two way discussions/dialogue.

Monitors the work completed by Team members ensuring it is completed to time and quality requirements, and ensure members of the team are regularly appraised.

Complete appraisals of FMA staff and identify the training needs of the team members and ensure PDPs are in place.

Active Member of the Finance Directorate

Participate in finance staff training & development activities

Represent the Finance Directorate contributing to and participating in Trust wide projects and groups to provide a range of financial and business management support.

Identifies and takes responsibility for own development and helps to develop others.

Contributes to improvement activities across the directorate.

The range of duties outlined above is not exhaustive and is subject to modification in light of changing service needs. In addition to the above the post holder may be required to undertake other duties which fall within the grade of the job, in discussion with the manager.

General Duties:

To support the Business Advisor (Clinical Division) in providing robust financial planning and reporting service to a Division including financial forecasting and risk assessment.

To provide expert financial advice and training to a range of managers and clinicians within the division.

To support the Business Advisor (Clinical Division) in providing business management support to enhance decision making within the division.

To be an active member of multi-disciplinary teams contributing to the management of the Division and Service lines.

Manage a small team of staff ensuring regular appraisal and development opportunities.

To be an active member of the Finance Directorate contributing to its development.

Deputise for the Business Advisor in their absence.

Person Specification

Skills and Behaviours

Essential

  • IT and Analytical Skills- Please confirm which system software you use and give examples of how you use and analyse the data. Who is your target audience to convey the information and how do you do this?
  • Communication Skills - give examples of your ability to interpret complex data translating your analysis into narrative that can be understood by non-financial staff to support and influence decision making.
  • Autonomy - give examples of instances where you have used your own judgement to make decisions and minimise financial risk.

Desirable

  • Specialist knowledge of financial and accounting procedures.
  • Knowledge of acute hospital environment.

Personal Qualities

Essential

  • Give examples of your ability to work efficiently under pressure and how you plan and prioritise own workload and that of others effectively.
  • How do you demonstrate Professional integrity.
  • Give examples of how you have worked flexibly and jointly to achieve common goals.

Desirable

  • Commercially astute.

Other Job Requirements

Essential

  • Travel between our sites as required as well as working in a hybrid way between the office and home.

Desirable

  • Member of the HFMA.

Qualifications

Essential

  • Minimum 5 O Levels/GCSEs or equivalent (including Maths and English.
  • CCAB / CIMA Qualified or equivalent experience.
  • Committed to Continuing Professional Development.

Desirable

  • Graduate

Experience

Essential

  • Please describe your management accounting experience or equivalent.
  • Senior Manager experience - please give examples of how you motivate your team to achieve deadline tasks and objectives under quite often stressful circumstances in the face of conflicting priorities.

Desirable

  • Acute Sector Experience
  • Experience at senior level in the NHS finance sector
Person Specification

Skills and Behaviours

Essential

  • IT and Analytical Skills- Please confirm which system software you use and give examples of how you use and analyse the data. Who is your target audience to convey the information and how do you do this?
  • Communication Skills - give examples of your ability to interpret complex data translating your analysis into narrative that can be understood by non-financial staff to support and influence decision making.
  • Autonomy - give examples of instances where you have used your own judgement to make decisions and minimise financial risk.

Desirable

  • Specialist knowledge of financial and accounting procedures.
  • Knowledge of acute hospital environment.

Personal Qualities

Essential

  • Give examples of your ability to work efficiently under pressure and how you plan and prioritise own workload and that of others effectively.
  • How do you demonstrate Professional integrity.
  • Give examples of how you have worked flexibly and jointly to achieve common goals.

Desirable

  • Commercially astute.

Other Job Requirements

Essential

  • Travel between our sites as required as well as working in a hybrid way between the office and home.

Desirable

  • Member of the HFMA.

Qualifications

Essential

  • Minimum 5 O Levels/GCSEs or equivalent (including Maths and English.
  • CCAB / CIMA Qualified or equivalent experience.
  • Committed to Continuing Professional Development.

Desirable

  • Graduate

Experience

Essential

  • Please describe your management accounting experience or equivalent.
  • Senior Manager experience - please give examples of how you motivate your team to achieve deadline tasks and objectives under quite often stressful circumstances in the face of conflicting priorities.

Desirable

  • Acute Sector Experience
  • Experience at senior level in the NHS finance sector

Employer details

Employer name

Worcestershire Acute Hospitals NHS Trust

Address

Charles Hastings Way

Worcester

Worcestershire

WR5 1DD


Employer's website

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

Employer details

Employer name

Worcestershire Acute Hospitals NHS Trust

Address

Charles Hastings Way

Worcester

Worcestershire

WR5 1DD


Employer's website

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

Employer contact details

For questions about the job, contact:

Business Advisor

Faye Richmond

faye.richmond@nhs.net

Details

Date posted

31 October 2024

Pay scheme

Agenda for change

Band

Band 7

Salary

£46,148 to £52,809 a year

Contract

Permanent

Working pattern

Full-time, Flexible working

Reference number

C9365-24-1226

Job locations

Charles Hastings Way

Worcester

Worcestershire

WR5 1DD


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