Job Summary
An exciting opportunity has arisen within South Warwickshire University NHS Foundation Trust. We are looking to recruit a band 6 Deputy Finance Manager to join our Financial Reporting & Strategy team. The successful candidate will act as the VAT lead for the SWFT Group as well as monitoring, reconciling and providing advice in relation to lease cars, salary sacrifice, payroll and cashflow. The role will involve working with other Finance colleagues, Procurement, HR, Payroll Internal & External auditors and others.
Main Duties of the Job
To support the Senior Commercial Finance Manager in providing the Trust's wholly owned subsidiary, SWFT Clinical Services Ltd (the Company), with a quality and continually improving financial service, including budget setting, monthly management accounts, annual accounts, daily treasury duties.
The post holder will also ensure the mirror accounting within the Trust for intercompany SLAs, as well as having responsibility for undertaking a number of specific control account reconciliations within the Trust.
About Us
Come and join a Trust rated Outstanding by the CQC. South Warwickshire University NHS Foundation Trust has been rated as outstanding following our latest inspection by the CQC and we are recruiting new staff to come and help us improve even further. In addition, our staff survey results have placed us 4th in the country for recommended place to work.
We provide services across Warwickshire and beyond ranging from Hospitals in Warwick, Stratford-Upon-Avon, Royal Leamington Spa and Shipston-on-Stour to Community Services across the county. We are a progressive, expanding organisation with great ambition around improving quality, integrating pathways and delivering high levels of productivity. Our values can be summed up in one sentence: We are 'Trusted to provide safe, inclusive, effective and compassionate care'. Throughout the recruitment process, you will be asked to think about how you demonstrate these values and how they impact on your work.
Date Posted: 14 February 2025
Pay Scheme: Agenda for Change
Band: Band 6
Salary: £37,338 to £44,962 a year per annum
Contract: Permanent
Working Pattern: Full-time
Reference Number: 203-C488
Job Locations: Warwick Hospital, Lakin Road, Warwick, CV34 5BW
Job Responsibilities
SWFT Clinical Services
To support the Senior Commercial Finance Manager in communicating and interpreting complex and sometimes sensitive financial information, providing advice and support to the Company Finance Director and Managing Director. This includes meeting regularly with members of the operational management team to ensure that the financial position of the Company and the Trust is understood and that any potential financial problems are identified early enough for corrective action to be taken.
Production of monthly management accounts including I&E and balance sheet position. Lead on the completion of forecasts, any longer-term plans, and corporation tax for review by the Senior Commercial Finance Manager.
Assisting the Senior Commercial Finance Manager in the completion of the Board report.
Liaising with operational budget holders and providing specialist financial guidance and detailed advice on actual income/expenditure or budgets within the Company. Analyze complex financial information, reviewing and explaining trends and assumptions to operational managers and Directors.
Responsible for the day-to-day financial management and performance of the Company. Line management of the finance assistant and senior finance assistant in the Company.
Oversight in collating monthly payroll information including expenses and timesheets. Ensure timely submission of relevant information to the Payroll provider.
Oversight of the Finance Assistant in monitoring and control of outstanding debt collection, including monthly review of outstanding debtors and authorizing receipting batches on the ledger. Ensure debtor control procedures are being correctly followed.
Being the first point of contact for the escalation of any financial queries with suppliers or customers.
Ensuring the completion of control account reconciliations in the Company.
Undertaking monthly and quarterly MSFA and pharmacy contract reconciliations between the Company and the Trust.
Development of new business streams and business cases within the Company.
Responsible for the smooth introduction of any new financial accounting software and the development of any new spreadsheets required for the day-to-day running of the Company.
Preparation of the audit papers to support the statutory accounts and will be the initial point of contact during the audit of the Company.
The Trust
Undertaking monthly and quarterly MSFA and pharmacy contract reconciliations between the Company and the Trust.
Together with the relevant Deputy Finance Manager, be responsible for calculating and posting the monthly stock adjustment journals through the Company and Trust ledgers.
Responsibility for undertaking a number of monthly control code reconciliations.
Provide the necessary finance process support in the Trust's private healthcare facilities.
Any other duties as commensurate with the grade of the post.
Person Specification
Qualifications Essential
* Part Qualified member of Consultative Committee of Accountancy Bodies (CCAB) or equivalent
* Educated to degree level, plus training for recognized professional financial qualification or a similar level of knowledge acquired through experience
Experience Essential
* Three years' work experience in a finance role, as a minimum OR a similar level of knowledge acquired through experience
* In-depth specialist knowledge and understanding of financial management and financial accounting in a limited company and relevant accounting standards, procedures, and principles
Skills Essential
* Expert user of Financial Systems and databases, in particular Integra and Excel
* Demonstrable evidence of influencing and persuading
* Highly numerate and analytical
* Excellent verbal reasoning
* Good report writing skills
* Understanding of current NHS structures and key policies especially IFRS and Foundation Trusts
* Knowledge of acute hospital environment
* Ability to lead and motivate staff
* Able to plan and prioritize workload effectively
Personal Qualities Essential
* Committed to Continuing Professional Development
* Commands credibility and respect from operational managers and colleagues
* Able to concentrate and work under pressure with possible interruptions
* Professional and reputation for integrity
* Flexible and supportive work colleague
* Commercially astute
Other Essential
* Knowledge and understanding of equal opportunities
* Able to travel between sites
* Occupational Health clearance
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Certificate of Sponsorship
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications.
Employer Details
Employer Name: South Warwickshire University NHS Foundation Trust
Address: Warwick Hospital, Lakin Road, Warwick, CV34 5BW
Employer's Website: https://www.swft.nhs.uk/
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