Job Description

The role is an interface between Finance and Operations, providing expert accounting and business knowledge, analytical support and clear presentation of financial and business information to clinical and non-clinical colleagues to drive sound financial decision-making.
The post holder will constructively and positively challenge all aspects of the site’s financial and business performance. Responsible for provision of business partnering to care group portfolio, by:

• Supporting and influencing operational and strategic decisions;
• Interpreting, explaining and driving financial performance;
• Advising on planning, business case development, external context, benchmarking and commercial opportunities;
• Analyzing, advising on and mitigating financial risk across the Site;
• Challenging behavior that disregards the Trust’s financial principles, policies and procedures.
• Responsible for developing relationships across the site and in particular with the care group management teams to enable the delivery of effective business partnering.
• Responsible for advising and supporting Clinical Directors and managers to ensure they meet their financial obligations and responsibilities.
• Responsible for analyzing and agreeing a financial forecast at detail and summary levels, which build in the effect of all actions being taken across the site’s care groups.
• Leads the monthly review of their care group’s financial performance at all levels within deadlines and makes recommendations to the Site Director of Finance on the actions to ensure trust performance meets targets, and is fully understood and agreed by the Site Executive.
• Identifies and highlights quickly and appropriately any evidence of divergence from financial plans, targets or forecasts in the division and works with budget holders to develop mitigations to return performance in line.
• Ensures that annual budgets and financial plans reflect divisional workforce plans.
• Leads the process of building care group understanding of the links between activity and income and ensures accurate reporting which agrees with divisional performance including remedial action where necessary.
• Leads the process of identifying all revenue opportunities in the division, providing professional advice on pricing strategies.
• Supports the production, agreement and implementation of annual budgets across the division, in accordance with the agreed Trust timetable and procedures, including appropriate controls for sign-off against targets.
• Responsible for ensuring that care groups understand and comply with their annual planning and budgeting responsibilities.
• Responsible for summarizing annual budgets at any point in time and communicating their care group’s performance against budget targets.
• Ensures that budgets, financial principles and policies are communicated and complied with across their care group portfolio in a consistent way.
• Works closely with the Site and Group Finance Directors to implement continuous process review and improvement for the business partnering and financial management services, to ensure that: • Processes and procedures are up-to-date, relevant and efficient, minimizing manual transactions, and delivering standardization;
• Financial systems are appropriate and efficient; and
• Reporting solutions are cutting edge and effective.
• Lead, coach and manage the performance of the team in line with good people management practices.
• Ensuring excellence is recognized and underperformance is addressed.
• Participate in regular performance appraisal meetings and ensure each member of the team has a clear set of objectives and development plans.
• Ensure the team is compliance with all statutory, mandatory training together with any professional training requirements, ensuring they are up to date and fully compliant.
• Manage team absences including sickness in line with Trust policy ensuring the appropriate return to work meetings occur, e-roster is updated and productivity is at keep to the highest possible level.
• Identify and fill any vacancies that arise within the team in line with the Trust’s recruitment policy and process.
• Identify talent and support the internal talent management process in order attract and retain and succession plan for your people.
• Review skills mix at regular intervals in order to identify any potential opportunities to maximize resource utilization / allocation, ensuring job descriptions are kept up to date.
• Ensure overall wellbeing of the team is maintained. Continuously support in improving the morale of the team and implementing a culture of zero-tolerance for bullying and harassment.
• To manage and develop the Finance function as part of the Senior Leadership Team, to develop a common sense of identity, priority and direction.
• To present financial and business information to a variety of stakeholder groups.
• To undertake all mandatory training in line with Trust policies and procedures.
• To take personal responsibility for own professional development.
• To maintain own professional competence and credibility.
• To adhere to relevant professional code at all times.
• To assist in producing ad hoc reports and in project work.
• To undertake any other duties requested as appropriate to the banding.
• The post holder has a general duty of care for their own health, safety and wellbeing and that of work colleagues, visitors and patients within the hospital, in addition to any specific risk management or clinical governance accountabilities associated with this post.

Required Knowledge, Skills, and Abilities