Senior Finance Analyst

Job description

Job responsibilities

1. Developing financial plans and forecasts in conjunction with budget holders, clinicians and managers across the Division/Locality/Directorate that fit with the strategic direction of the ABUHB, conscious of other stakeholders interests.

2. Financial support to production of business cases for revenue and capital investment and/or service changes and use of financial option appraisal techniques and analyses to provide a sound evidence base for decision- making. Including robust evaluation of the cross ABUHB implications of cost saving and avoidance plans.

3. Provide the financial evaluation for purchases of capital equipment, leases and other service contracts.

4. Develop periodic reports and initiate corrective action in conjunction with budget holders and the Business Partner Accountant for the Division/Locality/Directorate.

5. Budget planning and implementation of operational plans through: Providing advice on NHS financial regimes and contractual frameworks. Budget setting with budget holders. Regular review meetings with budget-holders, clinicians and managers. Participation in the monthly management meetings in order to initiate and resolve financial management and performance issues.

6. Work with budget holders, clinicians and other staff to analyse and understand the links between financial and service issues including the use of business intelligence (e.g. service line reporting, patient level costing) and advising budget holders on areas where change is required.

7. Maintain and enhance the quality and accuracy of financial information and systems through working with clinical and service managers, other finance staff to improve the range, quality and timeliness of finance and service performance information.

8. Understand and communicate to budget holders the current organisational and financial drivers through and participation in: The annual planning and resource allocation process Discussion with Divisional and Directorate managers Attending team briefings Discussions with senior finance colleagues.

9. Develop and implement a range of policies and service changes for those areas under the sphere of responsibility.

10. Implement a range of initiatives to deliver the LHBs agenda for continuous improvement.

11. Develop models to support new ways of working and future service changes.

12. Work with external agencies, as appropriate, to deliver joint strategy and service change.

13. Support the whole health system by implementing finance systems to support modern, integrated clinical services and provide best value in the use of resources available across the Community.

14. Work closely with key decision makers to establish a long term strategy that ensures financial sustainability in the Health Board.

15. Maintaining an effective working relationship with other members of Finance, other officers of the Health Board and outside organisations to deliver a professional service.

16. Provide financial leadership in supporting operational managers and staff in discharging their organisational responsibilities.

17. Participate in the development and implementation of annual objectives in line with Health Board objectives and the NHS Knowledge and Skills Framework.

18. Participate in the development and implementation of an effective system of performance management, including appraisal, personal development and succession planning.

19. Develop and provide training to up-skill non-finance managers on financial control, budgetary management and use of service line and patient level financial information.20. The post holder will be expected to work independently guided by broad health and social care strategies and organisational policies and specific local and national guidelines, advising on how these should be interpreted and implemented.21. The post holder will need to balance proactive service development and leadership against the reactive demand of operational responsibilities and stakeholders.

22. Assimilate and summarise complex documents, compare facts and analyse situational data from a range of sources, develop options and assess risks and opportunities to the organisation and facilitate consensus building and decision making.

23. Encourage continuous improvement and organisational development, specifically ensuring that those with governance responsibilities have the financial capabilities necessary to deliver their roles effectively.

24. Ensure active involvement and influence on all material business decisions to ensure that the immediate and longer term implications, opportunities and risks are fully considered and consistent with the overall financial strategy.

25. Represent and deputise, as appropriate, for Business Partner Accountant and Assistant Finance Director as and when required.

26. Be proactive and flexible to provide financial support as required to ABUHB wide work streams including cross divisional/locality working.

Person Specification

Education & Training

Essential

• Educated to degree level or equivalent
• Part qualified (CCAB) accountant.

Work experience

Essential

• Minimum of 2 years experience of working in a finance department
• Experience of using Oracle Financials and iProcurement system (or a similar system)
• Able to demonstrate experience of working in a customer focused manner
• Experience of working with budget holders

Desirable

• Experience of maintaining and enhancing an accounting system
• Experience of working in the NHS

Skills & Abilities

Essential

• Significant analytical abilities
• Advanced Windows skills
• Advanced level of Microsoft Office skills, including Excel, PowerPoint, Outlook & Word
• Able to plan & prioritise work
• Strong verbal communication skills
• Able to work as part of a team
• Ability to delegate
• Able to work on own initiative
• Ability to absorb and understand issues quickly
• Highly numerate & accurate
• Be able to use GL system to generate financial reports, manipulate and interpret data

Desirable

• Strong written communication skills

Knowledge & Understanding

Essential

• Knowledge of finance and procurement processes
• High degree of knowledge of generally accepted accounting practice.
• Awareness of audit requirements
• Be competent in using numerical decision making techniques.
• Be knowledgeable in financial management theory.
• External relationships and funding sources in the NHS

Desirable

• Awareness of external stakeholders and partners interests.

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.

Certificate of Sponsorship

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).

Employer details

Employer name

Aneurin Bevan University Health Board

Address

Block 9, Royal Gwent Hospital

Newport

NP20 2UB

Employer's website

https://abuhb.nhs.wales/ (Opens in a new tab)