Finance Analyst - Transformation

Job description

Job responsibilities

Analytical Responsibilities

1. The post holder will provide support to the Transformation and other strategic Programmes. Contributing fully through the provision of an advanced and comprehensive analytical service within the Transformation team as required. This includes attending and contributing to monthly performance management meetings and providing relevant and high-quality information.

1. Develop and demonstrate detailed and specialist knowledge of a range of reporting and analytical systems and deliver complex financial analysis. Establish effective working relationships with Finance, BI and other colleagues across the Trust to enable an exchange of complex information as required to support the production of robust finance analysis for transformation projects.

1. Be accountable for the delivery of significant information requirements relating to transformation. Ensuring that available business intelligence is accurate, timely, up-to-date and fit-for-purpose

1. To support the Transformation Infrastructure, working closely with the PMO arm of the Transformation team, to support development of financial improvement plans, monitoring and reporting of the financials related to all efficiency projects. Contribute to the production of monthly reports for the Transformation Group with updates on financial impacts of transformation projects. Support the co-ordination of available performance monitoring information for the Transformation Programme

1. Provide, receive and present highly complex, in some cases sensitive/contentious, information. The post-holder will have the ability to communicate a range of complex information management and records issues to a variety of audiences, (clinical and non-clinical).

1. To support compilation of reporting for a robust in year and forecast year end position for the efficiency programme, reporting relevant financial information to the programme team, Divisional and Corporate teams and work streams. To support the transformation team in ensuring that all proposals for efficiency/productivity schemes are robust and that savings achieved are monitored and reported. To contribute to the developing use of financial analytics, including benchmarking and productivity analysis to support transformation programme impact monitoring and in the development of productivity improvement plans.

1. Support in the development of appropriate financial management information systems that allow the Transformation / Strategic Programme to fully understand all aspects of Transformation related financial performance. To support in the production of effective variance analysis and investigation of factors causing movements.

Managerial Responsibilities

1. Support the provision of financial briefings to the Transformation Programme, attendance at senior management forums and performance management meetings as required, providing relevant and high-quality information.

1. Oversight and analytical review of a portfolio of business cases relating to the Transformation programme, applying appropriate financial appraisal techniques (working closely with the senior members of the finance team).

1. To support the production of accurate information to each work stream, working closely with both Trusts information teams

1. To identify own training and development needs and undertake appropriate training / education as required, supported by regular PDP.

1. To participate in Trust Committees and meetings as appropriate.

1. Lead on analytics for projects that support the delivery of the Trust financial sustainability strategy with special attention to cross-directorate issues and workflows.

1. Support as required the process to monitor the progress of these projects ensuring colleagues in divisions/corporate functions are clear on what they need to account for and ensure resource utilisation is in place across the directorates and support the introduction of remedial steps where necessary.

1. Represent the Trust within the NHS and wider community and with partner organisations where required.

1. Work in partnership with clinical and operational colleagues to deliver on Trust objectives.

1. Undertake specific projects as required by the AD of Finance - Transformation.

1. Maintain and demonstrate awareness of new developments in the delivery of acute and community care across the NHS.

1. Generate high calibre analytics for consideration as and when required to help support achievement of efficiency targets.

1. Consistently deliver to agreed deadlines.

1. To support projects prioritizing of available resources to deliver the highest standards of care and offering best value for money e.g., by delivering compelling and informative analytics.

1. Deploy well developed communication, negotiation and influencing skills to build and maintain excellent working relationships with a broad range of internal and external stakeholders driving and challenging each key working relationship to innovate and achieve reform in accordance with agreed objectives.

1. Deal with complex and conflicting subject matter problems or in day-to-day work including the management of potentially aggressive and / or antagonistic situations with staff and stakeholders involved in delivering projects.

1. Strive for optimum engagement from staff, colleagues, and stakeholders in order to deliver required change, aiming to secure appropriate buy in, support and understanding and effective flows of information.

1. Be able to work closely with Finance and Divisional colleagues to report on Transformation and efficiency, including forecasting.

1. To model a collaborative style of working, negotiating with others to achieve the best outcomes and embedding this approach in delivery of own service.

1. Key contributor to the design and development of complex financial information systems and models that meet the requirements of the Transformation agenda and can be used across the organisation. This includes improvements related to the information systems that supports the financial tracking of the efficiency programme.

1. Ensure that data used to support projects and project areas has the appropriate checks before being used and ensuring that data quality issues are fed back to the appropriate teams.

1. Communicate clearly what information requirements are required for projects and use analytical skills to articulate requirement.

1. Be able to extract information from other Trust information sources to aid projects/project areas after training (if required).

1. Any other ad hoc duties as directed by the AD Finance Transformation / Deputy Director of Finance / Head of Finance - Transformation.

1. Will consider the most effective way to promote equality of opportunity and good working relationships in employment and service delivery and can take actions which support and promote this agenda.

1. Identify own training and development needs and undertake appropriate training/education as required.

1. Participate in an annual individual performance review process where objectives will be agreed, performance monitored, and personal development needs discussed.

1. To attend / complete online where applicable, all statutory and mandatory training as and when required to do so.

1. Act responsibly in respect of colleagues health, safety and welfare following safe work practices and complying with the Trusts Health and Safety Policies.

1. Adhere to all Trust Policies as applicable.

1. Any other ad hoc duties as directed by the AD Finance Transformation / Deputy CFO Strategy and Transformation or Head of Finance - Transformation.

Person Specification

Qualifications

Essential

• Degree or equivalent qualification
• Evidence of CPD

Desirable

• Holds a recognised Professional Accountancy Qualification or is part qualified

Experience

Essential

• Understanding of the wider determinants of health both locally and nationally
• Experience of supporting multiple projects / business cases of varying sizes
• Previous experience of providing robust and complex analysis and working with varying systems
• Able to build rapport and credibility with senior clinical and managerial teams

Desirable

• Practical experience of NHS Finance
• Experience of supporting multiple projects / business cases of varying sizes)
• Evidence of working across a range of stakeholders and emerging partners.
• Evidence of being able to provide strong professional leadership
• Evidence of effective team building

Skills

Essential

• Ability to communicate highly complex, sensitive & contentious issues at all levels within the organisation and with external stakeholders.
• Interpersonal skills including the ability to influence at all levels and to negotiation effectively.
• High level of modelling & analytical skills applicable to the analysis and interpretation of large complex heath and care data sets.
• Excellent analytical and problem-solving skills.
• Advanced user of MS Office packages and knowledge of dashboard tools such as, Tableau, Access and Power BI.
• Demonstrable experience of SQL Server and SQL querying.
• Project management skills
• Ability to set and meet clear objectives and delegate appropriately.
• Time management and organisational skills to meet challenging deadlines, also used in planning the work priorities for self and others.
• Ability to draft complex reports/presentations used at a variety of levels.
• Flexibility and the ability to handle a rapidly changing and ambiguous environment.
• Ability to work effectively with other analytical teams to combine approaches and skills to achieve consolidated and consistent outputs.
• Ability to interpret requests for information and formulate the most appropriate response.
• Ability to work on own initiative and to provide leadership on areas of responsibility, including determination of the best way to achieve objectives within broad outlines.
• Ability to concentrate for long periods of time on highly complex and detailed data analysis.
• Proven ability to work on own initiative but able to refer decisions appropriately, taking into account the needs of the situation, constraints, and the availability of information
• Diligence with focused attention to detail and accuracy.
• Credibility and able to influence and negotiate with senior stakeholders on complex issues and able to constructively challenge leads and managers.
• Highly customer focused
• Highly numerate

Desirable

• Ability to use complex activity information systems.
• knowledge of NHS SUS datasets
• Advanced knowledge of SQL Server and SQL querying.
• Acute Trust experience
• Evidence of being able to provide strong professional leadership.
• Evidence of working across a range of stakeholders and emerging partners.
• Change management skills

Knowledge

Essential

• A good understanding of the strategic direction of the NHS and its constituent bodies
• Understanding of project and/or programme management methodology.
• Knowledge of the principles of data management, quality assurance, data security and data confidentiality.

Desirable

• A good understanding of activity flows within a hospital and between a hospital and Community, primary care, and local authority.
• Working knowledge of costing systems
• knowledge of Management Accounting principles

Other

Essential

• Leadership qualities
• Commercial awareness
• Self Confidence
• Team player
• Flexible
• Customer focused
• Proactive & Assertive
• Innovative
• Ability to work under own volition and under pressure
• The ability to prioritise and manage a changing agenda
• Able to manage a high volume workload
• Willingness to accept responsibility

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.

Employer details

Employer name

Kingston Hospital NHS Foundation Trust

Address

Thames House

180 High Street

Teddington

TW11 8HU

Employer's website

https://kingstonhospital.nhs.uk/work-for-us/ (Opens in a new tab)