Finance Manager - Planning & System

Job description

Job responsibilities

1. Financial Planning

Lead the system level financial the modelling process for the short and medium term financial position of the system taking into account the impact of external influences. This will require specialist knowledge around interpretation of financial information, excellent excel and PowerPoint skills and prior experience using ledger packages.

Work with ICB operational leads to develop assumptions and analysis which will be consistently applied by all system partners when developing both short and medium term financial plans.

Generate, analyse and interpret highly complex data. The post holder will be required to provide simplified outputs and explanations to key stakeholders.

The post holder will be expected understand the impact of national policy directives e.g. guidance from the planning guidance and changes to in-year guidance.

The post holder will be expected to develop mechanisms for maintaining audit trails to underpin the planning process and to work with internal audit to support analysis of financial planning processes.

Take responsibility for the population of national financial planning templates, for both the ICB and the system, as required by NHS England and Improvement and support the completion of NHS England and Improvement information requests, working with partner organisations to ensure correct interpretation of data and ensure robust aggregation and/consolidation.

The post holder will be required to support the presentation of complex, information on the financial plans to senior internal and external colleagues in a variety of formats and forums

Work with BI and workforce colleagues delivering triangulation and alignment of the finance, activity and workforce aspects of planning and work with operational planning colleagues to ensure operational commitments are reflected within the financial planning assumptions

2. Financial Reporting

ICB:

o Development of ICB in-year financial reporting which provides insight into:

Year to date positions

Run rates

Forecast positions

Underlying positions

o Agree and maintain the reconciliation of the IFPS contract with system partners. Meeting monthly to agree figures, create reports for agreement by both system Deputy Directors of Finance and CFOs to maintain a strong governance structure.

o Lead the implementation of internal allocation transfers by NHSE on a monthly basis.

o Ensure the ICB ledger is consistent with NHSE reporting frameworks

o Lead the finance business partnering to the Improving Population Health portfolio

System:

o Development of system level in-year financial reporting which provides insight into:

Year to date positions

Run rates

Forecast positions

Underlying positions

o Work with organisational leads to build the narrative to support in year reporting to the ICS and to external regulators

Population of system returns for NHSE/I on a monthly basis and support in drafting reports to ICS Board, sub-committees and other meetings

System capital reporting lead

3. General Responsibilities

The postholder has the responsibility and freedom to act with autonomy and upon their own initiative

Lead and contribute to appropriate task and finish or other technical groups within the finance community

Deputise for the Head of System Finance and Head of Financial Management (ICB) as appropriate

The post holder will be expected to lead the identification of policy opportunities, develop a case for change, risk stratify, develop/write the policies and implement the policies for the ICB finance team and across the ICB.

The post holder will be expected to lead projects to improve the assumptions behind the planning process, including identifying areas for improvement themselves and acting on requests from senior colleagues, for example, reviewing growth projections for different areas of spend and transacting these assumptions into planning models.

Support responses to freedom of information requests.

Financial support to any designated budget holders.

Providing general advice and support to both finance and non-finance colleagues.

4. Education and Development Responsibilities

Ensure that members of staff and finance trainees are given adequate training in the ICBs financial systems.

Responsibility for own Personal Development Plan in liaison with Line Manager.

The duties and responsibilities of the post will be undertaken in accordance with the policies, procedures and practices of the ICB, which may be amended from time to time.

Patient Safety is a key priority for the ICB. It is your responsibility to ensure that you are fully compliant with ICB policies and procedures in respect of patient safety, for example Risk Management, Infection Prevention and Control, Safeguarding children and vulnerable adults.

This job description is not intended to be an exhaustive list of duties and responsibilities, but to give an indication of the main areas of activity and involvement.

Person Specification

Qualifications

Essential

• AAT (Association of Accounting Technicians) or degree level qualification
• CCAB/CIMA qualification, Masters or equivalent experience with specialist knowledge of a range of financial elements
• CPD

Experience

Essential

• Relevant experience within a complex and dynamic and politically sensitive financial environment
• Relevant experience of building relationships and influencing stakeholders
• Ability to demonstrate understanding of more complex financial systems
• Able to show regular contact with budget holders and a record of client understanding
• A record of achievement in delivering objectives within required timescales.
• Able to demonstrate skills in influencing and managing others
• Able to explain to non-financial customers financial information
• Previous NHS experience in similar role

Skills / Knowledge / Aptitudes

Essential

• Excellent written and verbal communication skills, including ability to summarise information into executive reports
• Ability to engage effectively with clinicians and senior managers
• Well-developed accountancy and analytical skills
• Excellent organisational skills, and an ability to prioritise and to work to deadlines
• Competent in use of IT and relevant software (including Excel and ledger systems)
• Understanding the NHS and how it interfaces with other agencies

Personal Attributes

Essential

• Able to work on own initiative and use personal judgement
• Ability to demonstrate commitment to team working
• Flexible and adaptable approach, willing to learn new skills

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

NHS Staffordshire & Stoke On Trent Integrated Care Board

Address

Home Working with occasional travel

Staffordshire

ST18 0BL

Employer's website

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