Job summary
We have a fantastic opportunityto join a dynamic and fast paced finance function. Reporting to the Head ofFinancial Performance this post sits within the Trust Wide reporting team andalso supports the Head of Income & Contracting ensuring the Trusts incomeplans are set each year to maximise income into the Trust.
The ideal candidate should be amotivated, enthusiastic and flexible individual with an ability to learnquickly, seeking a role in which to develop their own accounting skills whilstmaking a positive contribution to the department. They should exhibit goodcommunication skills and be able to influence a range of audiences from fellowfinance colleagues to operational and departmental colleagues and managers.
Main duties of the job
Work as part of the Trust wide reporting team andsupporting the Head of Income and Contracting to ensure that the Trust setsappropriate income plans each year, analyses, and reports on performanceagainst those plans accurately and maximises receipt of income into the Trust.
About us
Our purpose is simple - Putting Patients First. We are looking for exceptional colleagues who can help us achieve this.
Worcestershire Acute Hospitals NHS Trust is a large acute and specialised hospital trust that provides a range of local acute services to the residents of Worcestershire and more specialised services to a larger population in Herefordshire and beyond.
The Trust operates hospital-based services from three sites in Kidderminster, Redditch and Worcester
Our workforce is over 7,000 strong, and our caring staff are recognised as providing good and outstanding patient-centred care. You could be one of them.
We are committed to recruiting the best people to work with us to achieve our Vision - working in partnership to provide the best healthcare for our communities, leading and supporting our teams to move 4ward. Our 4ward behaviours, which we ask all staff to demonstrate, underpin our everyday work and remain firmly at the heart of all we do.
Our objectives are simple:
1. Best services for local people
2. Best experience of care and best outcomes for our patients
3. Best use of resources
4. Best people
Better never stops, and our Clinical Services Strategy provides a clear future vision for our Trust, our hospitals, our services and our role in the wider health and care system.
We are proud to have achieved Timewise accreditation - this means we are committed to embedding flexible working within our organisation as a flex positive employer.
Job description
Job responsibilities
Key Duties:
Month-end and FinalAccounts
1. To ensure the Trusts monthly financial ledger accurately reflects theTrusts performance against its income contracts, and especially in respect ofpatient-specific high cost drugs and devices income.
2. Undertake the appropriate income and dataanalyses to understand and issue reports on variances against monthly incomeplans and budgets.
3. Support with the income elements of monthly financial returns and finalaccounts to NHS England.
4. Support with the production of the monthly income reporting to TrustBoard and Committees.
5. Maintain a clear audit trail between internal and external reporting ofall aspects of trust income. Producing working papers for internal and externalaudit, including supporting with the annual accounts audit.
Budget Setting andAnnual Planning
6. Support with annual income and activity planning cycle to ensure thatincome budgets set for the Divisions and Directorate accurately reflect thediscussions during the budget setting meetings.
7. Support with the income elements of the NHS England annual plansubmission.
8. Maintain the ledger for income budgets ensuring all changes areaccurately reflected and reconciled to supporting documentation.
9. Carry out timely and accurate production of agreed analysis related tothe commissioning, contracting and business planning processes.
Contracting,Commissioning and Other
10. Work with the Trusts Commissioners,Care Groups and the Trusts Contracting Team to ensure income maximisation forthe Trust.
11. Monitor cash receipts from commissionersin line with contracts. Take necessary action to address variances as required.
12. Ensure timely invoicing for income,sending backing and resolving queries on invoices in a timely matter, includingcommissioner contracts, non-contracted activity, provider contracts/SLAs
13.Resolve any queries raised on monthly contractreports and/or patient-specific high cost drugs and devices by the Trusts maincommissioners.
14. Delivery of monthly contract monitoringreports to commissioners, and submission of non SUS contract datasets.
General Duties:
1.Workon specific contract projects liaising with directorates as required.
2.Supportthe Deputy Director of Finance and the Head of Contracting and Income asrequired.
3.Tocontribute to the development of the section to continually improve the serviceto meet the changing needs of the customers. Including developing proceduresand processes.
Person Specification
Experience
Essential
5. Ability to use all Microsoft packages to an intermediate level.
6. Experience of working within a finance department.
7. NHS Experience.
8. Understanding of funding for providers within the NHS.
Desirable
9. Experience of working in a large complex organisation.
10. Experience of working with internal and external stakeholders.
Qualifications
Essential
11. Graduate or equivalent
Desirable
12. CCAB / CIMA or AAT Student.
13. Knowledge and experience of using finance ledger software, in particular Oracle.
Skills and Knowledge
Essential
14. Good verbal communication and presentation skills including the ability to explain complex financial issues to non-financial staff and communicate sensitive or contentious information in order to influence decision making.
15. Strong inter-personal skills including the ability to establish and maintain positive working relationships with colleagues at all levels from within the organisation and external stakeholders.
16. Proven mathematical reasoning skills.
17. Understanding of the NHS.
18. Understanding of contracts and service level agreements.
Desirable
19. Familiar with databases and/or handling large datasets.
20. Previous experience using SQL/ database/ Power BI/ Power Query.
Personal Qualities
Essential
21. Excellent team worker.
22. Able to establish and maintain good working relationships with both internal and external stakeholders.
23. Proactive with ability to solve problems.
24. Ability to work unsupervised.
25. Able to manage a varied workload and to prioritise effectively. Ability to work to deadlines.
26. Attention to detail.
27. Adaptable.
Other Job Requirements
Essential
28. Knowledge and understanding of equal opportunities.
29. Able to work in offices on Worcester Royal Hospital site for a minimum of 2 days per week.
Desirable
30. Able to travel between sites and elsewhere as required.