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Finance Manager Band 8a

Your World Healthcare
Job LocationLondon
EducationNot Mentioned
Salary£26.00 - £34.00 per hour
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypeTemporary, full-time

Job Description

Finance Manager Band 8aThe post holder will support the Head of Finance (HOF) to deliver all aspects of the service area (hospital site, clinical support services or corporate areas) financial management. He/she will manage a team of accountants to provide day to day support in all aspects of the service areas financial performance and business partnering whilst maintaining an excellent team ethic.He/she will be a senior member of the Financial Management and service area teams, demonstrating expert accounting and business knowledge, analytical support and clear presentation of highly complex or contentious financial and business information to clinical and non-clinical colleagues. He/she will constructively and positively challenge all aspects of service area financial and business performance and financial management processes to ensure efficiency and effectiveness.Location: Newham, East LondonTemporary: Expected to last 3 months with possible extensionHours per week: 37.5 hours per weekSalary: £30 to £34 per hour (Umbrella) or £26 to £29 per hour (PAYE Inclusive of Holiday)Experience

  • Three years Financial Management experience including continuous experience in one organisation
  • Management of staff, including recruitment and effective team working
  • Costing services and business case planning
  • Staff management skills and the ability to motivate and develop staff including qualified and nonqualified accountants
  • Ability to analyse and utilise complex information, determine and identify options and the appropriate course of action
  • Ability to explain complex ideas & concepts clearly and effectively to non-finance staff
  • Able to build rapport with clinical and operational teams
  • Excellent interpersonal and team player skills
  • Excellent planning (short and longer term) and organisational skills.
  • Up to date knowledge of NHS, organisational challenges and developments
  • Knowledge of NHS funding and regulation (NHSI, NHSE, CCG, Local Authority).
  • Costing and monitoring cost improvement programmes
  • Business Planning
  • Knowledge of financial controls and experience of maintaining these
  • Qualified CCAB
    • Main duties, responsibilities and resultsOperational Responsibilities
  • To assist the HOF and senior team in providing high quality leadership to the Financial Management operations of the service area including the management of the finance team to prepare detailed, consolidated monthly financial performance reports.
  • The post holder will need to develop a thorough understanding of the service areas operations and be able to quickly adapt to changes within the service area.
  • Provide leadership and support to the Financial Management team and to liaise with other finance teams e.g. income and financial services to ensure the reported financial position is accurate.
  • To direct the financial management team in the coordination and validation of the monthly income and expenditure (I&E) position, including forecasts to year-end, analysis and interpretation of significant variances and to influence operational managers/clinicians into taking corrective action.
  • To be responsible for ensuring that the business units finance team is customer focused and delivers and maintains the highest level of customer support to the service area including responsibility for a continuous programme of Finance staff team Budget Holder meetings.
  • Meet regularly with specialty budget holders, providing high quality, complex information and analysis as required, as well as facilitating the flow of information between budget holders and management accountants.
  • Promote a modern and collaborative approach to engaging clinicians in financial management, including the promotion of a culture of innovation and productivity.
  • Provide high quality and meaningful advice to Directors and managers of services, regarding all aspects of service formulation, re-engineering and managing complex financial issues. Assisting managers in the financial appraisal of new projects and service developments.
  • To resolve queries from management accountants, budget holders and other Internal and external staff regarding financial management matters with minimal supervision.
  • To support on costing methodologies and policies to underpin the production of robust information to inform strategic decision making.
    • Financial Reporting, Planning and Budgeting
  • To be responsible for the development of financial plans to achieve the objectives within the Trust and service areas annual plan and to take responsibility for specific projects e.g. business cases for benefits realisation and budget setting for the service area.
  • To prepare detailed costing models and business cases for proposed developments and projects within the agreed timetable ensuring value for money.
  • Support the HOF and senior team in the co-ordination of timely annual budget setting in accordance with agreed timescales. To prepare budgets for sign off at performance review meetings.
  • To be responsible for the ongoing development of the professional financial service and implement any recommendations from the Trust board to further enhance the delivery of financial advice and support.
    • Required skills
  • Accountants
  • Budgeting
  • Finance Manager
  • Finance Team
  • NHS

    • Keyskills :
    Accountants Budgeting Finance Manager Finance Team NHS

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