Job summary
UHS Estates Limited is delighted to offer a fantastic opportunity to work with us.
Please see below for a detailed job description of the role
Main duties of the job
Are you a qualified and experienced accountant looking for a fresh and exciting new challenge?We have an exciting opportunity for an accountant to join our friendly and dynamic finance team providing support to the subsidiary companies of a high performing NHS Foundation Trust.
To help us to deliver our growth strategy for the subsidiary companies, we are looking for a new Subsidiary Finance Business Partner; you will be an integral member of the finance team and senior management teams within the companies, providing overall financial leadership to the organisations and supporting the achievement of the Groups finance team vision.
You will provide financial and commercial analysis of all of the companies operations, supporting the companies to deliver their contracts to NHS Trusts as well as delivering to their shareholders. Working collaboratively, you will ensure the delivery of a professional, dynamic and proactive financial service to support the success of the subsidiary companies. Other duties include:
We are looking to encourage a diversity of talent, so if you are working in the public or private sector, we would love to hear from you.
About us
UHS Estates Limited (UEL) is a wholly owned subsidiary of University Hospital Southampton NHS Foundation Trust (UHS). The company is responsible for the design and construction of new buildings, and the ongoing provision of services, including estate maintenance, soft facilities management and the management of equipment, consumables and materials, in support of one of England's largest acute teaching Trusts.
We are in a dynamic and fast paced environment, that is always evolving, always improving and encourages innovation. We are committed to your continued career development and offer a supportive, flexible and collaborative working environment, where your health and well-being are equally valued.
Specific details and flexible working options can be discussed during the interview process. UEL employees can access a range of NHS discounts, are entitled to a minimum of 35 days paid holiday (pro rata), and we offer a generous pension scheme.
Southampton is an attractive place to live and work situated on the south coast, with an international airport and direct trains to London. The New Forest National Park and beaches of the Jurassic coast are also right on our doorstep. The city offers living costs 20% lower than London and 14 schools rated outstanding by Ofsted.
Job description
Job responsibilities
The Subsidiary Finance Team currently supports 3 Limited Companies with a collective annual turnover of £130m: UHS Pharmacy Ltd - Established since 2013, this company provides pharmacy services to the outpatients of the hospital. UHS Estates Ltd - Established in 2016, this company provides managed healthcare facilities including theatres. Wessex NHS Procurement Ltd - A joint venture between UHS and Hampshire Hospitals FT providing procurement, supplies and distribution services to a number of hospitals.
Your duties will include the following:
a) To be the financial leader and business partner for the UHS Subsidiary companies with a gross annual budget of c£130m.b) To lead on the delivery and development of financial reporting, planning, forecasting and financial strategy for each company.c) To take responsibility for providing comprehensive and proactive financial management information and support the Company in driving corrective action against variances where required.d) To work with the Subsidiary companies management teams to establish and maintain a sound financial base with robust controls and effective cost improvement plans.e) To lead on the financial implications and scenario appraisals of service changes including financial modelling within Business Cases.f) To lead on understanding of the Subsidiary companies activity and income, advising on corrective action when activity is significantly different to plan.g) To manage, on a day-to-day basis, the Subsidiary finance team supporting their ongoing wellbeing, professional training, and development.h) Represent the Subsidiary Company in any service negotiations where appropriate and provide financial advice as necessary
To understand the day-to-day responsibilities in more detail please read the full job description document.
You can also find the person specification document which provides more detail about the essential and desirable skills and experience needed for this role. We highly recommend you review this document and use it when completing your application as these criteria are used by hiring managers as guidance during shortlisting.
Job description
Job responsibilities
The Subsidiary Finance Team currently supports 3 Limited Companies with a collective annual turnover of £130m: UHS Pharmacy Ltd - Established since 2013, this company provides pharmacy services to the outpatients of the hospital. UHS Estates Ltd - Established in 2016, this company provides managed healthcare facilities including theatres. Wessex NHS Procurement Ltd - A joint venture between UHS and Hampshire Hospitals FT providing procurement, supplies and distribution services to a number of hospitals.
Your duties will include the following:
a) To be the financial leader and business partner for the UHS Subsidiary companies with a gross annual budget of c£130m.b) To lead on the delivery and development of financial reporting, planning, forecasting and financial strategy for each company.c) To take responsibility for providing comprehensive and proactive financial management information and support the Company in driving corrective action against variances where required.d) To work with the Subsidiary companies management teams to establish and maintain a sound financial base with robust controls and effective cost improvement plans.e) To lead on the financial implications and scenario appraisals of service changes including financial modelling within Business Cases.f) To lead on understanding of the Subsidiary companies activity and income, advising on corrective action when activity is significantly different to plan.g) To manage, on a day-to-day basis, the Subsidiary finance team supporting their ongoing wellbeing, professional training, and development.h) Represent the Subsidiary Company in any service negotiations where appropriate and provide financial advice as necessary
To understand the day-to-day responsibilities in more detail please read the full job description document.
You can also find the person specification document which provides more detail about the essential and desirable skills and experience needed for this role. We highly recommend you review this document and use it when completing your application as these criteria are used by hiring managers as guidance during shortlisting.
Person Specification
Qualifications and Experience
Essential
- CCAB qualified accountant (CIMA, ACA, CIPFA, ACCA) with post qualification experience at a senior level.
- Experience in a finance management role.
- Knowledge of designing and working with spreadsheets.
- Detailed understanding of budgetary control processes and budget setting / financial planning.
- Broad understanding of financial accounting and control issues.
- Understanding of financial information systems.
- Excellent written communicator.
- Experience of financial project management/financial appraisal and forecasting.
- Attention to detail and use of forecasting and estimation skills.
- Previous experience of line managing staff.
Desirable
- Current / recent knowledge and understanding of the NHS financial environment.
- Experience of working within an NHS management accounts team.
- Previous experience of working with Oracle Finance systems.
- Record of improving processes and reporting in previous roles.
- Experience using systems (e.g., Excel, Word) to prepare and present accurate, clear information and reports.
Person Specification
Qualifications and Experience
Essential
- CCAB qualified accountant (CIMA, ACA, CIPFA, ACCA) with post qualification experience at a senior level.
- Experience in a finance management role.
- Knowledge of designing and working with spreadsheets.
- Detailed understanding of budgetary control processes and budget setting / financial planning.
- Broad understanding of financial accounting and control issues.
- Understanding of financial information systems.
- Excellent written communicator.
- Experience of financial project management/financial appraisal and forecasting.
- Attention to detail and use of forecasting and estimation skills.
- Previous experience of line managing staff.
Desirable
- Current / recent knowledge and understanding of the NHS financial environment.
- Experience of working within an NHS management accounts team.
- Previous experience of working with Oracle Finance systems.
- Record of improving processes and reporting in previous roles.
- Experience using systems (e.g., Excel, Word) to prepare and present accurate, clear information and reports.
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.