Job description Main Responsibilities and Key Tasks: Budgetary Control GPN will undertake an annual budget rebasing exercise which will be supported by a continuous planning process Working with the Senior Management Team the Head of Finance will co-ordinate the establishment and maintenance of budgets which: Support GPN to achieve its key corporate financial targets Enables GPN to deliver the range and level of services in accordance with the agreed financial forecasts Align financial and managerial responsibilities Holds managers accountable for the financial consequences of their actions and decisions Provides transparency around all transactions Demonstrates value for money in committing resources Delegate budgets down to the most appropriate level, such that responsibility is matched with ability to control income and/or expenditure Ensures personal accountability There will be clear budget and forecast preparation procedures, including templates Comprehensive, accurate and timely financial and supporting information will be provided to enable the accurate monitoring of budgets Regular monthly timetables will be issued to ensure that both internal and external reporting targets are achieved. Financial Management Responsible for the accuracy and integrity of the reporting of the actual position against plan on a monthly basis, ensuring that all relevant and required accounting entries have been made in the GPNs electronic finance system Support the development and use of service line reporting costing information within the organisation Develop a thorough understanding of the divisions cost base and the associated drivers that impact on costs, supported by key financial metrics Support Research and Development bids and projects through robust costing and financial evaluation using appropriate tools and models to establish financial viability and strategic benefits Work closely with the Senior Management Team to develop the function to achieve the standards of a high quality service and achieve an Excellent rating in Audit Commission and other standards that relate to the function Reporting Prepare regular reports for: Monthly Board meetings Senior Management Team Directorates Executive Divisional Performance Reviews The approach to this reporting will include analysis and explanation around the trends variances and forecasts with owned action plans to address adverse positions. This information will also be provided to the GPN board and Senior Management Team for onward reporting purposes in accordance with agreed timescales and quality standards Business Support Ensure that the directorate financial support staff provide appropriate financial advice and information to GPNs budget managers in order for them to achieve financial targets and contribute to the delivery of agreed EBITDA margins and the recovery of overheads to enable GPN to achieve its overall corporate key financial targets Provide support for the directorate managers on financial matters at the interface with other parties Play an integral role in the development of the Cost Improvement Plans within the development Provide support to GPN and directorate senior managers in identifying and developing recovery plan schemes which contain comprehensive financial appraisals Provide support on the costing of new business opportunities and changes to existing services Management Manage the staff and resources effectively employing high quality staff management principles for professional standards, communication and appraisals Implement and maintain effective financial management processes to ensure that service has the ability to report performance in key areas to and key stakeholders Manage and develop staff to ensure professional standards and career opportunities are maintained and enhanced. Ensure succession planning and skill development are an established part of the culture of the service Work with the GPN Finance team and external Accountants to develop new ways of working to optimise the quality and efficiency of financial services provided Other Duties Such other duties as may be required by GPN This is not an exhaustive list of duties and responsibilities, and the post holder may be required to undertake other duties, which fall within the grade of the job, in discussion with the line manager This job description will be reviewed regularly in light of changing service requirements and any such changes will be discussed with the post holder