Key Areas of Achievement

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In conjunction with the Senior Finance Manager to take the financial lead on developing Directorate business plans and presenting these to Trust Executive Directors. Identifying opportunities for financial efficiencies and high-lighting areas of risk and ensuring these are closely monitored.

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In conjunction with the Senior Finance Manager to be the designated Financial Management representatives on Directorate Management Teams and to present complex financial management information and advice to senior directorate staff and Trust Executive Directors at Performance and Executive reviews.

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To ensure the development of robust financial forecasts reflecting Directorate operation plans and ensuring these are agreed and understood by Directorate Management Teams.

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Generic Duties and Responsibilities

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Management and Leadership

• To provide financial performance management to the Directorate.

• To operate effectively in a matrix structure: (i) being the Directorate's primary finance team point of contact, providing flexible business partnering support, resolving queries and signposting to additional resources as appropriate as well as (ii) fulfilling financial management, reporting and planning responsibilities.

• To build and maintain strong relationships with a broad range of stakeholders from different clinical/professionalbackgrounds.

• To present complex financial management information clearly, to senior directorate staff and Trust Executive Directors, including non-Finance.

• To balance competing priorities across directorates within tight deadlines.

• To provide expert sectional operational management, set objectives and priorities, and to motivate and appraise staff.

• To support in the induction, training and development of a team of financial management staff.

• To take an active role in developing finance staff through on the job training, professional academic studies, and other approaches such as mentoring, career and personal development plans.

 

Information management

• Produce and strengthen financial performance reporting (both monthly and ad-hoc) financial performance report.

• To coordinate the provision of financial reports and analysis through the Central Reporting team and supporting staff.

• To manage the provision offinancial management information , analysis and advice to Clinical Directors, Directorate General Managers and other senior staff throughout the Trust.

• To work in collaboration to improve the effectiveness of accounting systems, working closely with the Chief Accountant and the Financial Operations team

• To work in collaboration to continually review and improve the effectiveness of the performance monitoring systems, working closely with colleagues in finance and the Directorate of Informatics.

 

Financial responsibilities

• To provide professional expert guidance to Directorate managers and when required to challenge assumptions held to ensure the development of robust financial forecasts.

• To develop with directorates an awareness of financial performance requirements , and of the need for budgetary control.

• To participate in Trust wide training and communication initiatives.

• To ensure that all managers are aware of, and act in accordance with Standing Financial Instructions.

• To provide input to the costing, pricing and financial planning activity of the Trust, including reviewing all costs and prices and recommending changes to contracts where appropriate.

• To monitor and review directorate forecasts and ensure that plans are adequately implemented and monitored from the start of each year, and to ensure a consistent approach for new plans developed during the year.

• To identify ways to improve income generation across the Trust and to maximise income from current sources.

• To identify ways to reduce costs and enhance value across the Trust.

• To assist in the production of external service agreements, internal recharge agreements and to support the development of new service plans.

• To undertake the required financial reviews in the evaluation of business cases and tenders.

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Education & Professional Development

• Completion of a CCAB recognised accountancy qualification.

• An in-depth understanding of NHS accounting and reporting issues and the application of these within the Trust.

• Acquisition of the technical and personal skills and competencies is considered to require at least five years experience across the accountancy functions.