Job summary
Provide financial leadership to the Division, including Clinical Directors, Divisional General and Directorate Managers.Deliver internal and external reporting requirements, enabling managers to provide an efficient and effective service within the resources available.The role is wide ranging, encompassing financial performance management, business planning and efficiencies.The post holder also deputises for the Senior Divisional Finance Manager as necessary.The full list of duties, responsibilities and person specification can be found in the accompanying documentation
Main duties of the job
Financial Planning & Budgeting
Performance Management and Reporting
Business Planning
Accounting for Waste Reduction /Efficiencies Program
Income and Activity Analysis
About us
An exciting opportunity has arisen to join our award winning Finance Team!
The Finance Department has been at the forefront of change and continual improvement and has won a national HFMA award for embracing technology and the Public Sector Finance Award for Training & Development.
The Department is both FSD and FFF level 3 accredited showing our commitment to being a leading edge Finance Function, supporting the wider improvement of the North West finance system and influencing local and national strategy.
We actively participate in mentoring and coaching programs. With our training schemes and support networks, you will be empowered to play a leading role in the future of healthcare, whatever your specialism or interest.
The Trust supports collaborative working with other Acute NHS Providers across Lancashire and South Cumbria and in particularly across Pennine Lancashire.
Future Focused FinanceAt East Lancashire Hospitals NHS Trust, the finance team are committed to embedding the Four Strengths Framework. This covers the four key attributes the NHS Finance Leadership Council have created to ensure NHS finance departments are capable of playing their part in a modern, patient-centered NHS. All applicants for ELHT finance roles will be assessed against the four strengths as part of the interview and assessment process.
The four strengths areo I'm a finance experto I'm a Team Playero I drive for value for patients and tax payerso I make change happen
Job description
Job responsibilities
Financial Planning & BudgetingEnsure that the resources required to deliver the divisions service plans and targets are accurately identified, costed and translated into budgets, and that they are realistic yet challenging and demonstrate improvements in efficiency.Responsibility for the maintenance and reconciliation of the recurring and non-recurring budgetary position for both the financial and manpower budgets on a monthly basis.Responsibility for providing financial advice, analysis and reporting of the Divisions Waste Reduction Programme (WRPs).Responsibility for providing direction on the divisions budgets, consistent with the overall financial framework.
Performance Management and ReportingProvide the Divisions and Directorates with expert financial advice, support and information to assist them in the achievement of their annual financial objectives. This advice should encompass budget, expenditure, income, Service Level Agreement, and procurementissues. It may involve the analysis of a range of options, highlighting the advantages/disadvantages of each with an assessment of any potential risks. Issues may be complex or sensitive, may require in depth analysis or judgement or may be confidential or contentious in nature. It may also involve resolving queries at short notice.Provide budget holders with timely and accurate monthly budget reports including interpretation and advice, and to meet regularly with them to ensure that any potential financial problems are identified early, and to provide recommendations on corrective action as necessary.Provide a written and verbal monthly report on the financial position of the division, identifying all key overspending areas, and actions being taken to address them. This will include explanation of significant variance movements for inclusion in the Trust Board report.Provide detailed forecast outturn reports on a monthly basis, with identification of any emerging pressures, or other threats to financial viability, and an assessment of corrective action being taken.Develop budgetary control, and financial reporting information to enable analysis of variances to be linked to performance against key activity, manpower and quality targets. In particular, providing an overall coordination of income, activity and cost.Identify potential areas for improved efficiency and provide direction in the delivery and monitoring of cash releasing efficiency savings.Develop systems to monitor and maximise income opportunities within divisions.Attend directorate performance management meetings at both strategic and operational levels; provide financial input and advice, as well as giving regular reports either verbal or written on the divisions financial position.Contribute to and be able to explain the reference cost and the service line management position of the specialties within the Division.
Business PlanningActively participate in and contribute to the formulation and implementation of the Divisional and Directorate Business Plans in accordance with the Trusts strategic aims and objectives.Support the division in the preparation of bids for funding to service commissioners and other external agencies, ensuring that robust costing and a robust financial appraisal is undertaken.Ensure that all changes in service, or developments, are properly quantified and accounted for in the divisions budgets.Create a financial framework that enables the benefits of services changes or developments to be measured and monitored in order to ensure effective use of resources.
Due diligence on occasions where there is a service transfer.
Income and ActivityBe instrumental in supporting operational managers to maximise the business performance of their services with an understanding of the income and activity position.Monitor and review the method of allocating overhead or support costs to specialities as part of the monthly reporting cycle.
Internal Financial ControlEnsure that the divisions and directorates adhere to the Trust Standing Orders and Standing Financial Instructions and financial procedures.Ensure that authorised signature lists are maintained for the division and directorate in respect of both exchequer and charitable funds, consistent with the scheme of delegation established by the Divisional Director of Operations.Review the Divisions business processes and where appropriate identify and implement improvements to efficiency and internal control, for example, stock control routines.Work with Trusts internal and external auditors as required ensuring that agreed recommendations are implemented in a timely manner.
Communication- Use motivational skills to encourage collaborative working to improve services and performance.- Use motivational and influencing skills to combat resistance to change.- Use communication and empathy skills to discuss highly sensitive and emotive issues with staff groups, in particular around performance and service improvement within their departments.- Encourage innovation and identify opportunities for continual improvement through existing communication mechanisms or undertake their development when none is in existence.
Training & Development- To ensure all mandatory training requirements are met- To ensure all professional development needs are met- To work with the finance team as a whole to ensure a standard financial approach is taken- Provide training and coaching support to the finance team- Provide training to the wider Trust as required in relation to, finance and performance management, measurement and other subjects as agreed- To train non finance managers the financial responsibilities of the Trust and of individuals
Professional Responsibilities- To maintain a professional registration with a UK recognised accounting body- To follow the accounting bodies professional code of conduct
Job description
Job responsibilities
Financial Planning & BudgetingEnsure that the resources required to deliver the divisions service plans and targets are accurately identified, costed and translated into budgets, and that they are realistic yet challenging and demonstrate improvements in efficiency.Responsibility for the maintenance and reconciliation of the recurring and non-recurring budgetary position for both the financial and manpower budgets on a monthly basis.Responsibility for providing financial advice, analysis and reporting of the Divisions Waste Reduction Programme (WRPs).Responsibility for providing direction on the divisions budgets, consistent with the overall financial framework.
Performance Management and ReportingProvide the Divisions and Directorates with expert financial advice, support and information to assist them in the achievement of their annual financial objectives. This advice should encompass budget, expenditure, income, Service Level Agreement, and procurementissues. It may involve the analysis of a range of options, highlighting the advantages/disadvantages of each with an assessment of any potential risks. Issues may be complex or sensitive, may require in depth analysis or judgement or may be confidential or contentious in nature. It may also involve resolving queries at short notice.Provide budget holders with timely and accurate monthly budget reports including interpretation and advice, and to meet regularly with them to ensure that any potential financial problems are identified early, and to provide recommendations on corrective action as necessary.Provide a written and verbal monthly report on the financial position of the division, identifying all key overspending areas, and actions being taken to address them. This will include explanation of significant variance movements for inclusion in the Trust Board report.Provide detailed forecast outturn reports on a monthly basis, with identification of any emerging pressures, or other threats to financial viability, and an assessment of corrective action being taken.Develop budgetary control, and financial reporting information to enable analysis of variances to be linked to performance against key activity, manpower and quality targets. In particular, providing an overall coordination of income, activity and cost.Identify potential areas for improved efficiency and provide direction in the delivery and monitoring of cash releasing efficiency savings.Develop systems to monitor and maximise income opportunities within divisions.Attend directorate performance management meetings at both strategic and operational levels; provide financial input and advice, as well as giving regular reports either verbal or written on the divisions financial position.Contribute to and be able to explain the reference cost and the service line management position of the specialties within the Division.
Business PlanningActively participate in and contribute to the formulation and implementation of the Divisional and Directorate Business Plans in accordance with the Trusts strategic aims and objectives.Support the division in the preparation of bids for funding to service commissioners and other external agencies, ensuring that robust costing and a robust financial appraisal is undertaken.Ensure that all changes in service, or developments, are properly quantified and accounted for in the divisions budgets.Create a financial framework that enables the benefits of services changes or developments to be measured and monitored in order to ensure effective use of resources.
Due diligence on occasions where there is a service transfer.
Income and ActivityBe instrumental in supporting operational managers to maximise the business performance of their services with an understanding of the income and activity position.Monitor and review the method of allocating overhead or support costs to specialities as part of the monthly reporting cycle.
Internal Financial ControlEnsure that the divisions and directorates adhere to the Trust Standing Orders and Standing Financial Instructions and financial procedures.Ensure that authorised signature lists are maintained for the division and directorate in respect of both exchequer and charitable funds, consistent with the scheme of delegation established by the Divisional Director of Operations.Review the Divisions business processes and where appropriate identify and implement improvements to efficiency and internal control, for example, stock control routines.Work with Trusts internal and external auditors as required ensuring that agreed recommendations are implemented in a timely manner.
Communication- Use motivational skills to encourage collaborative working to improve services and performance.- Use motivational and influencing skills to combat resistance to change.- Use communication and empathy skills to discuss highly sensitive and emotive issues with staff groups, in particular around performance and service improvement within their departments.- Encourage innovation and identify opportunities for continual improvement through existing communication mechanisms or undertake their development when none is in existence.
Training & Development- To ensure all mandatory training requirements are met- To ensure all professional development needs are met- To work with the finance team as a whole to ensure a standard financial approach is taken- Provide training and coaching support to the finance team- Provide training to the wider Trust as required in relation to, finance and performance management, measurement and other subjects as agreed- To train non finance managers the financial responsibilities of the Trust and of individuals
Professional Responsibilities- To maintain a professional registration with a UK recognised accounting body- To follow the accounting bodies professional code of conduct
Person Specification
Qualifications/ Experience
Essential
- Degree (Honours) or equivalent qualification or Qualified CCAB accountant with evidence of continued professional development
- Considerable previous NHS experience
- Staff management
- Management accounts experience
- Experience of computerised ledger
- Communication skills with budget holders dealing with complex information
- Negotiation skills with the ability to secure co-operation
- Self motivated & manage time effectively
- Business case development
- Budgeting & forecasting experience at Divisional level
Desirable
- Advanced working knowledge of Microsoft office products
- Report writing & performance management
- Working with teams to produce cost improvements / waste reduction
- Involved in training & development of finance & non finance staff
Person Specification
Qualifications/ Experience
Essential
- Degree (Honours) or equivalent qualification or Qualified CCAB accountant with evidence of continued professional development
- Considerable previous NHS experience
- Staff management
- Management accounts experience
- Experience of computerised ledger
- Communication skills with budget holders dealing with complex information
- Negotiation skills with the ability to secure co-operation
- Self motivated & manage time effectively
- Business case development
- Budgeting & forecasting experience at Divisional level
Desirable
- Advanced working knowledge of Microsoft office products
- Report writing & performance management
- Working with teams to produce cost improvements / waste reduction
- Involved in training & development of finance & non finance staff
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).
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.
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).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
