We are looking to recruit an experienced, professional, and motivated Care Group Finance Business Partner to cover maternity leave on a fixed term period or as a secondment opportunity.
This post is an integral part of the Trust's Care Group Finance Business Partnering and Management Accounts Team.
Reporting to the Associate Director of Finance, you will work closely with the wider senior finance team and be the main interface between finance and operations.
Your key role will be to provide and develop timely and accurate financial and performance information for your Care Group(s) and you will be expected to influence and shape all financial decisions in order to deliver efficient and effective working practices.
You will also provide financial input to support services to develop new pathways and technologies, maximise business opportunities and ultimately deliver an excellent patient experience.
The post holder will also be expected to use high level technical, analytical, presentational, interpersonal, and negotiating skills to develop excellent working relationships.
Main duties of the job
* To provide a comprehensive and high-quality Finance Business Partnering service to Care Group(s) ensuring they optimise all areas of financial performance, activity delivery and value for money.
* To manage and assist in development and leadership of a team of Finance Business Partners and Management Accountants that provide a high-quality Finance Business Partnering Service to the Care Groups and Service Lines they are responsible for. Ensuring that robust financial planning, reporting, monitoring, forecasting and financial improvement plans are in place.
12 months fixed term contract, secondment opportunity will be considered with the possibility of becoming permanent.
About us
We are a people business - where every member of staff matters and can make a difference. Patients are at the heart of everything we do. Joining University Hospitals Plymouth NHS Trust means becoming part of a team of dedicated staff, who are committed to leading the way through innovation, clinical excellence and great customer care. The Trust has great opportunities for career development in a highly progressive working environment. We offer all of this in a vibrant, modern city with a historic reputation for adventure. Please note that all communication will be electronic, please check your email account regularly. If you have any issues with applying online and need additional support including reasonable adjustments with the application process please contact the recruitment team on 01752 432100. We recognise that work life balance is important for our colleagues and so we invite requests from applicants around less than full time/flexible working for our advertised roles. Please contact the recruiting manager to discuss this prior to your application submission. We commit to giving this full consideration in each case. We encourage people from diverse backgrounds to apply for our roles, as diversity strengthens our teams. It is sometimes necessary to close vacancies before the closing date. If you have not heard from us within 4 weeks of the closing date, please assume that you have not been shortlisted.
Job description
Job responsibilities
RELATIONSHIPS
* To support and develop the Finance Business Partners and Management Accounts teams ensuring strong and highly effective relationship between finance and the operational managers.
* To support in ensuring Care Group Management Teams have an excellent understanding and take ownership of all elements of their current and future financial performance.
* To challenge all operational managers wherever possible to provide best value for money whilst upholding patient safety and maximising the quality of care.
* To ensure a highly effective working relationship exists between the Management Accounts team and the Finance Business Partner team.
BUSINESS PLANNING
* To support in guiding and influencing Care Group(s), Service Lines and Executive Management Teams in all aspects of financial strategy. Assisting the Associate Director of Finance Financial Performance in the preparation, validation and presentation of baseline budgets, cost pressures and developments.
* Work with the Head of Financial Management to ensure the team work to a strong and efficient budget setting framework, and clear workforce planning assumptions.
* Work with the Associate Director of Finance Contracts and Trustwide to ensure the team work within a clear framework for capacity and demand planning.
* To ensure that the budget framework is well understood by Operational managers.
* Manage the Finance Business Partners and Management Accounts team to ensure capacity plans, contract levels and budgets are set accurately.
* Encourage and influence Care Group and Service Line Management Teams to ensure cost-effective decision making by management, using highly developed persuasion, motivation, and negotiation skills.
* To support and influence Care Groups to identify, develop and implement Financial Saving Plans.
FINANCIAL REPORTING
* To manage and assist in developing the Management Accounting team to deliver accurate budgets, in month financial reporting and annual forecasts.
* To work closely with the Associate Director of Finance Financial Performance to develop the accuracy and efficiency of monthly financial reporting for Service Lines, Care Groups and Executive Teams.
* Produce or assist in the production of reports to the Trust Board.
FORECASTING
* To work in alignment with the Associate Director of Finance Financial Performance to create a strong and efficient forecasting framework.
* To ensure that the forecasting framework is well understood by the Management Accountants, Operational Managers and Clinicians.
* Work with Operational Management Teams to generate annual forecasts of Service Lines financial performance as required, considering likely profiles of activity, cost behaviours, savings plans and other influencing factors.
* To review Care Group(s) and Service Line forecasts and challenge the financial assumptions made within them ensuring consistency and maximising accuracy.
* To support the development, implementation, and monitoring of corrective action plans to ensure that financial targets are delivered.
SPECIALIST BUSINESS ADVICE
* Utilising advanced specialist knowledge of complex NHS/Trust accounting systems, processes, regulations, financial techniques, and relevant legislation NHS Tariff guidance and Contractual requirements, together with general commercial awareness, for individual Services to:
o To influence and support the development of Care Group financial strategies ensuring that services provide value for money and are financially sustainable whilst delivering key operational standards.
o Utilise the Model Hospital, GIRFT (Getting It Right First Time) information and other available benchmarking to work with Care Groups and Service Lines to identify and deliver improvements, reduce variation, and improve efficiency.
o Work with Care Group Managers and Directors on developing their Financial Improvement Programmes, assisting with oversight and challenge to support the Associate Director of Finance Financial Improvement. Ensure the team accurately measure, monitor, and forecast achievement.
o Work with Care Group Managers and Directors to assist them in their oversight, clarity and understanding of the service line viability position for their service lines. Encourage and influence Service Line Management Teams to ensure cost-effective decision making by management, using highly developed persuasion, motivation, and negotiation skills.
o Investigate highly complex financial queries on income and expenditure, conducting regular complicated analytical reviews of the Service Line financial position, predicting income, developing, and using complex models and multiple inputs including activity projections and case mix issues.
o To have an understanding and strive to improve the accuracy and integrity of your Care Group/s Service Line financial information including profitability reports and National Cost Collection/Patient Level Costing returns.
o Ensure monthly reconciliation of all changes to service line positions, working closely with the Costing Team and Finance Business Partners.
o Provide advanced financial support for business cases as appropriate describing the financial implications of the business case and investment appraisal techniques. Present business cases to groups of people conveying the financial case clearly and persuasively.
o Work with the Associate Director of Finance Contracts and Trustwide to ensure visibility of contractual issue for your Care Groups, and that Finance Business Partners assist to construct any papers required.
o Ensure Service Lines accurately record all activity performed, and work with the Associate Director of Finance Contracts and Trustwide to ensure it is properly priced within contract monitoring.
o Working with the Associate Director of Finance Contracts and Trustwide to understand the impact of national tariff guidance across Care Groups. Interpreting guidance to assist Care Groups and Service Lines in understanding changes in guidance each year and the impact upon their services.
o Represent the Trust at meetings with Commissioner Colleagues as required to support any contractual issues within your Care Groups.
o Support the Associate Director of Finance Financial Improvement with the production of information, provide specialist financial advice to meetings and jointly work with the Service Lines on their Clinical Strategy.
OTHER DUTIES
* Utilising professional and specialist finance knowledge and general management skills, for the Finance Directorate to:
o Deputise for the Associate Director of Finance Financial Performance.
o Manage all aspects of own workload and the organisation of their teams workload to balance frequently changing priorities to deliver work within tight deadlines whilst maintaining the highest quality of information and meeting the needs of Service Line/Care Group Management Teams. This will include using time management skills to ensure that workload and individual projects are delivered in a timely and accurate manner and balancing the demands of the Service Lines requirements with month end and year-end financial reporting timetables.
o To coordinate with Service Line staff and Finance staff to ensure smooth delivery of deadlines for all aspects of work.
o Take responsibility for developing and implementing discrete areas of financial policy and processes in line with latest accounting standards.
o To act in a professional manner at all times and instil the same standards in members of staff.
o To input and manipulate financial data in highly complex computer spreadsheets and reports, where speed and accuracy are essential.
o To undertake light physical effort and extended periods of computer use in an office environment.
o To concentrate when inputting data, checking, and reconciling information and making calculations.
o To cope with unpredictable work patterns and respond flexibly to queries and requests from Senior Finance and Care Group/Service Line Managers and Clinical leads.
o To work under intense pressure on occasions and to concentrate on highly complex accounting information for prolonged periods of time on a frequent basis.
o To supply internal and external auditors with any information and explanations they require regarding any aspects of the above.
o To act on own initiative and to carry out the above duties in accordance with broad professional accounting standards without reference to line manager.
o The postholder will be required to travel on occasion.
COMMUNICATIONS & WORKING RELATIONSHIPS
* Internal Face to face, Telephone, and virtual calls/meetings
o Executive Directors
o Chief Finance Officer
o Director of Operational Finance
o Associate Director of Finance Financial Performance
o Associate Director of Finance Contracts and Trustwide
o Associate Director of Finance Financial Improvement
o Associate Director of Finance Financial Reporting
o Head of Financial Management
o Head of Performance and Management Information
o Accountants
o Finance Business Partners
o Assistant Finance Business Partners
o Care Group Directors
o Cluster Group Managers
o Clinical Directors
o Service Line Managers
o Heads of Department
o Specialty Leads
o Specialty Managers
o Budget Holders
o Commissioning, Finance, and contracting colleagues from Commissioning Organisations
o Procurement and Logistics Managers and staff
o Other Service Line staff
o Other Trust staff as required
o Executive Board
* External - principally telephone and virtual calls/meetings
o Financial Shared Services Staff
o Other Providers
o Local ICBs
o NHS England
o Department of Health
o Trust debtors and creditors
o Other outside agencies including the external auditors, local authorities/social services
* Internal Training delivery
o Finance Staff
o Service Line Staff
o Budget Holders
o Trainee Managers
o Junior Doctors
Person Specification
QUALIFICATIONS
Essential
* CCAB or equivalent (e.g. CIMA) Professional Qualified Accountant with current registration and relevant post qualification experience.
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