Finance Manager

Job description

Job responsibilities

Managing a large ledger over multiple accounts including insurance companies, patients and NHS CCGs working to achieve target debt levels

Develop and maintain strong relationships with the health insurance companies and communicate changes as appropriate to ensure efficient cash flow management

Collect outstanding monies from Insurance Companies and Self Paying patients by letter and phone

Minimise the amount of debt that requires bad debt provision

Escalate problem debts to hospital management in a timely manner

Taking credit card payments

Where required, initiate legal proceedings and compile required documentation necessary to bring outstanding debts to a satisfactory conclusion

Posting receipts in an accurate and timely manner. Actively chase for remittance advice to accurately allocate the cash received

Manage the process for using portals as a communication mechanism as required by insurers

Resolve customer queries, in person or via the phone or email, in a professional manner

Investigating any unallocated funds and reconciling accounts

Managing strong relationships with both internal and external stakeholders

Person Specification

Qualifications

Essential

• Professional accounting qualification such as CIMA, ACCA, ACA required

Experience

Essential

• Experience
• Substantial experience in progressively responsible financial leadership roles (five years plus)
• Strong technology skills, including computerised financial systems and Microsoft Office
• Experience of multi-site or otherwise distributed working environments, with local profit and loss responsibility
• Strong working knowledge of integrated accounting packages
• Previous team management skills
• Ability to work in a fast paced environment
• Healthcare experience preferred
• Skills
• Commercial nous and technical mindset
• Confidence to scrutinise and challenge data and decisions to ensure a better outcome
• Strong interpersonal skills and ability to communicate verbally and in writing
• Advanced data manipulation skills using Excel
• Proactive and team spirited
• Ability to exercise sound judgement using critical and analytical thinking
• Accountable and responsible
• Good at time management and tenacious
• Main responsibilities & Duties:
• Management accounting and reporting
• Ensure the accurate, timely and efficient reporting of management accounts to management and stakeholders
• Production of KPIs and other management information to drive business performance
• Manage the balance sheet including control of fixed assets, stock and debtors effectively
• Ensure pension and payroll compliance
• Production of accurate and timely information to the NHS and overseeing NHS reporting
• Develop and document business processes and accounting policies to maintain and strengthen internal controls and management
• Financial reporting
• Involvement in end to end audit process, coordinating with the Auditors on the preparation of statutory reporting
• Business Partnering
• Support and challenge Hospital Director and Heads of Department in driving growth and increased profitability
• Analysis of monthly performance and idea generation/implementation to deliver operational improvements
• Ad-hoc financial analysis to drive business performance
• Preparation of robust business cases
• Contribute to financial planning, budgeting and forecasting
• Management
• Managing a team of 4 to ensure all transactional and reporting requirements are met
• Manage, train and mentor, in a team-focused environment, with a long-term approach to ensure your team fulfil their potential
• Other
• Deliver improvements in business and finance processes and controls in a growth environment
• Delivery of regular financial and non-financial reports to Company shareholders

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.

UK Registration

Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).

Employer details

Employer name

One Healthcare

Address

One Hatfield Hospital

3 Hatfield Avenue

Hatfield

Hertfordshire

AL10 9UA

Employer's website

https://www.onehealthcare.co.uk/ (Opens in a new tab)