Job vacancy: Associate Finance Business Partner, Milton Keynes University Hospital NHS Foundation Trust, Milton Keynes

Job summary

Main area: Financial Management
Grade: Band 6
Contract: Permanent
Hours: Full time - 37.5 hours per week
Job ref: 430-CORP25-253A

Employer: Milton Keynes University Hospital NHS Foundation Trust
Employer type: NHS
Site: Finance - Financial Management (Dept)
Town: Milton Keynes
Salary: £38,682 - £46,580 Per annum
Salary period: Yearly
Closing: 23/11/2025 23:59

Associate Finance Business Partner

Band 6

At Milton Keynes University Hospital, you will be welcomed into a friendly and supportive environment where teamwork and respect are at the heart of everything we do. We are proud to live our Trust values and behaviours every day, creating a culture where everyone feels heard and valued.

MKUH staff's Motivation and Involvement scores are among the highest in our peer group, showing that our people feel inspired and included in decision-making (Staff Survey, 2024).

Our benefits

We believe in recognising and rewarding the amazing contribution of our staff and that is why we offer a comprehensive benefits package designed to support your wellbeing, work-life balance, and professional growth, including:

Free on-site parking including EV charging
Complimentary refreshments
Flexible working arrangements
Discounted gym membership
Salary sacrifice car scheme
Generous annual leave, with the option to bank holiday entitlement
Membership of the NHS Pension Scheme
On-site nursery (charges apply)
A wide-ranging staff health and wellbeing programme including EAP
VIVUP products to support your mental, physical, and financial Wellbeing

Detailed job description and main responsibilities

Managing Services:

Produce monthly financial reporting packs which set out clearly performance in all aspects of finance, activity and contractual targets delivery, ensuring a clear story of outcomes and causal factors is provided.
Undertake management accounting tasks to deliver month end reporting (i.e. budget journals, accruals etc.)
Lead monthly meetings with budget holders, adding training, expert analysis and advice to budget holders in understanding cost centre variances.
Using the corporate templates, and process, produce forecasts on a monthly basis for activity and expenditure with CSU colleagues. These forecasts will be coherent and supported by full rationale. Where necessary these forecasts will be presented in formal meetings.

Improving Services:

Produce monthly financial reporting packs which set out clearly performance in all aspects of finance, activity and contractual targets delivery, ensuring a clear story of outcomes and causal factors is provided.
Assist the Finance Business Partner in developing business cases as necessary in line with prescribed Trust format and process. Ensure that content of cases is robust and reflect full consideration of options to deliver best value.
Actively seeks opportunities for quality, efficiency and other performance improvement.

Working with others:

Be able to work effectively under the direction of the Finance Business Partner as well as independently

Encourages, supports and facilitates divisional and CSU staff to contribute and innovate for the improvement of patient care and the efficiency, safety, quality and effectiveness of services; finding ways to empower staff to implement their ideas for improvement.

Demonstrating personal qualities:

The post holder will be expected to operate with discretion and without direct supervision to deliver the requirements of both the finance function and the Division/CSU. This will necessitate skill in balancing priorities
Acts as a role model to demonstrate the Trust’s values and behaviours at all times.
Ensures own professional and personal development demonstrating self-awareness and willingness to continually learn and develop.
Acts with integrity and treats others with respect at all times.

Please refer to the job description for further details.

Person specification

Qualifications and knowledge

Essential criteria

Graduate or equivalent experience
AAT qualified or equivalent experience
Knowledge and experience in a management accounts setting. Including month-end, year-end management accounting procedures and forecasting
Highly developed specialist/expert knowledge of financial and accounting procedures, financial and other aspects of legislation and NHS finance policies; QUIP; CIP; SLR; experience and expertise in financial accounting and disciplines relevant to commercial finance including: procurement, human resources, general management theory and information management and technology.

Desirable criteria

Working towards professional Chartered Accountancy qualification
Examples of the above areas include; Standing Orders, Standing Financial Instructions, Financial Directives, International Financial Reporting Standards/Statements of Standard Accounting Practice, Government Policy as it effects the NHS, Charitable Funds legislation, Audit principles of internal check and control, VAT, EU Procurement Directives, NHS procurement guidance, NHS staffing terms and conditions and employment law.
Understanding of NHS Income and proven ability to analyse variances

Experience

Essential criteria

Experience working within finance department

Desirable criteria

Experience within an NHS finance department

Skills

Essential criteria

Ability to analyse highly technical issues and provide practical guidance and recommendations that can be understood and acted upon by Executives and users on matters such as capital investment, business cases and savings plans.
The post holder will be expected to operate with discretion and with and without direct supervision to deliver the requirements of both the finance function and the Division/CSU. This will necessitate skill in balancing priorities.
Highly numerate; able to analyse reports and complex data sets
Ability to achieve demanding tasks and objectives against deadlines.
Ability to follow instruction as well as working on own initiative.

Personal and people development

Essential criteria

High personal standard of conduct and behaviour and ability to act as a role model encouraging others to value and respect staff and stakeholders and holds others to account for this.

Desirable criteria

Builds and develops multidisciplinary teams, and maintains constructive working relationships at all levels and disciplines.

Communication

Essential criteria

Ability to communicate clearly and effectively to a wide range of individuals, e.g. preparing, and presenting financial information to Management Board members and staff groups, working with Trust senior managers and project managers and assisting external auditors.
Evidence of personal insight, and willingness to learn and change personal style/approach as appropriate.

Specific requirements

Essential criteria

Able to perform the duties of the post with reasonable aids and adaptations

We believe success lies in the diversity of our employees and are committed to promoting equality, encouraging diversity and embracing inclusion. We welcome applications from everyone interested in working for us.

We reserve the right to expire vacancies prior to the advertised closing date once a sufficient number of applications have been received.

MKUH uses identification scanning technology to confirm the authenticity of documents; all prospective employees of MKUH will have their original documents verified using this technology.

By applying for this role, you accept if successful, that information from your application will be transferred into the national NHS Electronic Staff Record (ESR) system. Your personal data may be transferred from the Trust to another NHS organisation where your employment transfers within the NHS. This is in accordance with the streamlining programme which aims at saving you time and improving efficiencies within the NHS when your employment transfers.