Guy's and St Thomas' is among the UK's busiest and most successful NHS foundation trusts. We provide a full range of hospital and community services for people in south London and as well as specialist care for patients from further afield including cancer, renal, orthopaedic, respiratory and cardiovascular services.
Guy's is home to the largest dental school in Europe and a £160 million Cancer Centre opened in 2016. As part of our commitment to provide care closer to home, in 2017 we also opened a cancer centre and a kidney treatment centre at Queen Mary's Hospital in Sidcup. St Thomas' has one of the largest critical care units in the UK and one of the busiest emergency departments in London. It is also home to Evelina London Children's Hospital.
Evelina London cares for local children in Lambeth and Southwark and provides specialist services across south east England including cardiac, renal and critical care services. We lead a number of specialist service networks aiming to ensure children are treated locally where possible, but have access to specialist expertise when they need it. Our community services include health visiting, school nursing and support for families of children with long-term conditions.
Our adult community services teams deliver care at the heart of the local communities we serve, working in partnership with GPs, local authorities and other healthcare and voluntary sector organisations. Working with our partners in Lambeth and Southwark, we are focusing on new ways of working to improve care for local patients.
In February 2021 the Royal Brompton and Harefield joined Guy's and St Thomas' NHS Foundation Trust, bringing together world-leading expertise in the care and research of heart and lung disease. Our merger provides a once in a generation opportunity to build a lasting, world-renowned heart and lung centre, providing the highest quality care for patients and conducting world-leading research.
We have a reputation for clinical excellence and high quality teaching and research. We are part of King's Health Partners, one of eight accredited UK academic health sciences centres. In partnership with King's College London we have dedicated clinical research facilities including an MHRA accredited Phase I clinical trials unit.
Patients are at the heart of everything we do and we pride ourselves on ensuring the best possible patient experience as well as safe, high quality care. We are proud to have one of the lowest mortality rates in the NHS. Following a comprehensive Care Quality Commission (CQC) inspection in 2019 we maintained our overall rating of 'good'. Our adult community services achieved a rating of 'outstanding'.
The commitment of our 23,500 staff is key to our success. We are one of the largest local employers and we aim to develop and support all our staff so they are able to deliver high quality, safe and efficient care. The 2019 NHS staff survey results show that we have one of the most engaged and motivated workforces in the NHS. We know this has a positive impact on the care provided to our patients.
We have one of the most ambitious capital investment programmes anywhere in the NHS.
Job overview
This position offers an excellent opportunity to engage with senior leaders, project managers, technical experts, external suppliers and leading clinicians pushing the boundaries of patient care. As an active member of the dynamic CPO team, you will work with project delivery teams across the Trust providing essential project management support and driving improvement initiatives. Our team is responsible for managing the prioritization and portfolio management process, maintaining the Trust's five-year capital plan, and supporting the delivery of major strategic programmes within our clinical groups.
Your role will be responsible for supporting the financial management of capital projects ensuring accurate reporting of costs, forecasting and identification of risks. You will work within the Portfolio Office team but with a professional dotted line into strategic finance to support your professional development.
To be effective in the role, you will already have experience both of providing effective financial management and challenge, as well as working on complex change programmes. If you are passionate about innovation and transformation in public healthcare, and possess strong organizational and communication skills, we invite you to apply.
Main duties of the job
Financial Management: Responsible for supporting the financial management of capital projects ensuring accurate reporting of costs, forecasting and identification of risks.
Key liaison point between finance and capital project teams ensuring the correct financial governance and controls are in place. Provide both support and challenge to project teams in all aspects of financial management including forecasts and business case development.
Training: Provide training to non-finance project staff in respect of finance policy ensuring these are regularly updated to meet changing regulations. Act as the subject matter expert on finance processes within the portfolio office team.
Lead and deliver special projects as required by the Head of Major Programmes.
Headlines from Person Specification
* CCAB qualified accountant
* Significant experience of presenting management information and reporting periodic financial information to non-financial managers.
* Extensive experience of NHS financial policies.
* The postholder must be able to demonstrate sound technical knowledge of accounting. This should include the application of knowledge from relevant IFRSs.
* The postholder should have an awareness of the interrelationship between balance sheet, income and expenditure accounts and cash flow statements.
* Ability to identify financial risks and recommend decisions where under routine and non-routine circumstances.
Working for our organisation
Please note: Interviews are due to be scheduled on 10 Feb, however alternative dates may be considered if shortlisted candidates are unavailable on that date.
Guy's and St Thomas' NHS Foundation Trust values
We are...
Caring - we put patients first
Ambitious - we innovate and strive for excellence
Inclusive - we respect each other and work collaboratively
Detailed job description and main responsibilities
Financial Support to Projects
* Support project teams in completing forecasts and take ownership for processes for collating and challenging capital forecasts as reported within Trust governance.
* Ensure monthly accruals are evidenced and complete in a timely fashion to ensure accurate financial reporting.
* Work with capital projects and assets team to ensure a single version of the truth in respect of financial reporting.
* Act as an interface between finance and portfolio leads.
* Assist in defining and upholding policy for project finances and ensuring alignment to accounting standards through work with capital projects and assets team.
* Present complex, sensitive or contentious financial information to large groups using a wide range of media to influence.
* Analyse and interpret complex financial information and make judgements and recommendations to SROs.
Training
* Support continual improvement of finance support to project teams ensuring changes in regulation are appropriately considered and met.
* Writing and providing training to new project staff on the financial management of capital projects.
* Provide 'at the elbow' support to PMs to upskill them in project financial reporting.
Financial reporting
* Work with project teams to produce high quality financial reporting on a monthly basis for senior governance forums.
* Review and challenge the accuracy of project forecasts, working with projects and programmes to ensure that forecast accuracy is maintained to support effective management of the overall capital portfolio.
* Provide assurance on the quality of programme governance reporting, ensuring that the financial elements are accurate and clearly presented.
Financial Risk Management
* Identify and monitor risks that may impact on finances as project and programme level, providing challenge to senior PMs and SROs where project risks have not been appropriately recorded or scored.
* Proactively identify and escalate risks to overall portfolio finances.
Financial Assurance of Projects
* Support the CPO in analysing performance of capital schemes with a focus on finances.
* Proactively review financial performance of capital projects to identify financial risks, and provide early warnings of projects forecasting overspends.
* Undertake financial audit and reconciliation of monthly and yearly finance position.
* Support Head of Strategic Finance in refresh of Medium Term Capital Plans through assessment of schemes within the portfolio.
Personal Development
* Maintain up to date knowledge of a range of relevant skills including project and portfolio management best practice and be responsible for developing and maintaining own CPD programme.
Person specification
Qualifications/ Education
Essential criteria
* Fully qualified CCAB accountant and other significant experience
* Microsoft Academy Expert qualified or equivalent experience
Desirable criteria
* Educated to degree level, ideally in related field
Professional/ Statutory Registration
Essential criteria
* CCAB qualified with up to date CPD
Previous experience
Essential criteria
* Significant experience financial management in multi-disciplinary teams or with strong experience working with non-finance specialists.
* Practical experience of computer-based accounting systems
* Extensive experience of NHS financial policies
* Experience of managing budgets and allocations and providing technical guidance to non finance specialists
* Experience of proactively resolving financial issues across a large range of projects
* Experience of supporting multiple, complex projects with a range of funding sources
Desirable criteria
* Experience of Oracle Financials
Skills/Knowledge/ Ability
Essential criteria
* The postholder must be able to demonstrate sound technical knowledge of accounting. This should include the application of knowledge from relevant IFRSs.
* The postholder should have an awareness of the interrelationship between balance sheet, income and expenditure accounts and cash flow statements.
* Able to work without supervision to achieve annual objectives to the desired standard. Able to work on a number of projects or pieces of work simultaneously and deliver to agreed deadlines.
* Self motivated with a proactive approach to problem solving both on own initiative and as part of a team
* Able to plan and lead the financial work of a team to achieve departmental objectives and performance standards.
* Knowledge of VAT with respect to Fixed Assets
* Ability to carry out work with the attention to detail required in a financial accounting department
* Ability to identify financial risks and recommend decisions where under routine and non-routine circumstances
* Ability to manage the finance change control for projects and ensuring that the overall Trust plan is up to date on a monthly basis
* Ability to quickly resolve budget / CDEL issues within governance and communicate the outcome to key stakeholders
Desirable criteria
* Ability to initiate and manage change
* Excellent oral and written communication skills including presenting to senior management
* Good persuasion and influencing skills
* Ability to identify imaginative and realistic solutions to problems
Guy's and St Thomas' celebrates, respects and values the diversity of its staff and patients. We review our policies, procedures and practices to ensure that all employees, patients and carers are treated equitable according to their needs. We are actively committed to ensuring that no one who applies for a job, works or study's at the Trust, or accesses our services is discriminated against on the grounds of race, ethnicity, nationality, disability, religion or belief, age, gender identity, gender reassignment, sexual orientation, pregnancy and maternity/paternity, or marital/civil partnership.
Applications are welcomed from applicants with a disability. We can make reasonable adjustments and offer support and advice in a variety of ways throughout the application process. Equality of opportunity is our policy.
As an organisation we are committed to developing our services in ways that best suit the needs of our patients. This means that some staff groups will increasingly be asked to work a more flexible shift pattern so that we can offer services in the evenings or at weekends.
Flexible working
We are committed to supporting all employees to achieve a healthy work life balance and to work in a way that is best for them and our patients. We will consider all requests to work flexibly, taking in to account the individual's personal circumstances as well the needs of the service. We encourage all prospective applicants to discuss their individual circumstances with the recruiting manager as part of the on-boarding process.
Your e-mail address is important to us - We communicate to all job applicants via the e-mail address which has been provided on the application form. Please ensure that you check your e-mail on a regular basis.
Please apply for this post by clicking "Apply Online Now."
Employer certification / accreditation badges
Applicant requirements
You must have appropriate UK professional registration.
Documents to download
* GSTT CPO Project Finance Manager JD and PS (PDF, 312.4KB)
* FRF (PDF, 376.6KB)
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