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Job summary

Main area
Finance
Grade
NHS AfC: Band 8a
Contract
Permanent
Hours
Full time - 37.5 hours per week
Job ref
388-6023388-SM
Employer
Torbay and South Devon NHS Foundation Trust
Employer type
NHS
Site
Regent House
Town
Torquay
Salary
£50,952 - £57,349 per annum
Salary period
Yearly
Closing
25/06/2024 23:59

Employer heading

Torbay and South Devon NHS Foundation Trust logo

Finance Business Manager

NHS AfC: Band 8a

Job overview

To support the Operational Finance Partner (OFP) Divisions to deliver the Trust's Financial Risk Rating, as determined by the Financial Compliance Framework of NHSI and the elements attributable in those targets to the Division

This will include joint working with the Division Senior Managers to reduce costs through efficiencies and Cost Improvement Program (CIP) delivery, ensuring the Locality can live within an agreed envelope attributed to them that will ensure the Trust delivers its financial plan. Interpreting highly complex financial data and giving advice on financial risks to ensure the budgets/envelopes agreed are achievable and owned by the Division and the delegated budget holders, inclusive of CIP targets.

 

Main duties of the job

 To support the Operational Finance Partner (OFP) for your Division to deliver the Trust's Financial Risk Rating, as determined by the Financial Compliance Framework of NHSI and the elements attributable in those targets to the Division

This will include joint working with the ISU Senior Managers to reduce costs through efficiencies and Cost Improvement Program (CIP) delivery, ensuring the Division can live within an agreed envelope attributed to them that will ensure the Trust delivers its financial plan. Interpreting highly complex financial data and giving advice on financial risks to ensure the budgets/envelopes agreed are achievable and owned by the Division and the delegated budget holders, inclusive of CIP targets.

To participate fully in the Operational Business support and partnering work of the Finance Department as well as provide leadership to the Finance Management Accounting team (Band 7 Senior Management Accountant and below). Supporting the Trust and System/ISU’s in achieving their respective financial objectives and implementing and communicating national and local policies across the Trust.

To be accountable to the Operational Finance Partner, working collaboratively across the system with other FBMs’ and deputising as necessary.

 

 

Working for our organisation

You will be working with a  proactive, flexible, highly motivated  finance team, supporting,  and contributing to achieving Division and Trust goals and objectives, with the ability to further develop and enhance own knowledge and skills in an exciting and dynamic environment.

Why work with us

Detailed job description and main responsibilities

Please see attached job description for further information on job description and main responsibilities

Person specification

Qualifications and experience

Essential criteria
  • Educated to masters level or equivalent professional qualification of financial management /finance nature
  • Evidence of continuous professional development and further specialist training (short and long courses), such as Investing, Borrowing on Money Markets, Accounting for PFI Schemes, Statutory Accounting Requirements
  • Significant Senior Finance Experience, including team management
  • Proven general and specialist finance experience
  • Specialist knowledge over a range of financial areas, understanding of the principles of accountancy via qualification and practical experience
  • Good organisation and management skills and an ability to work under pressure to achieve tight deadlines while maintaining a high quality of work.
  • Experience of dealing with incoming information in a confidential and sensitive manner.
  • Experience of working autonomously, applying specialist knowledge to the interpretation of Trust policy, DoH policy, national standards and targets as well as Accounting Standards and Codes of practice.
  • Experience of using computer software to develop and create standard and customised financial reports on a regular basis
  • Expert knowledge of Management Accounting and Financial analysis
  • Accounting theory and Practice by qualification or experience.
  • Experience of training and developing staff, both financial and non-financial, in the interpretation and use of new accounting and organisational policy and related information.
  • Able to produce reports using data that are comprehensive and meet requirements of operational partners Business and capacity planning experience linked to forecasting
  • Demonstrable evidence of specific expert knowledge in more than one area of the Finance function.
  • Delivery of Continuous Improvement Programmes of work
  • Experience of designing, implementing and influencing policy within your own specialist area.
  • Experience of investigation and analysis into financial issues including evidence of detailed and precise report writing skills
  • Excellent written, verbal, analytical and presentation skills with an ability to explain highly complex financial issues to non - financial budget holders and managers.
Desirable criteria
  • CCAB Qualified Accountant
  • MBA
  • Highly developed Specialist, in depth understanding of accounting processes and procedures of NHS legislation and NHS policies
  • Experience of auditing own or other work areas and of liaising with internal and external auditors.
  • Expert knowledge of total absorption costing/NHS Costing Experience
  • Agresso Financial Ledger Experience
  • Business Intelligence Reporting Systems
  • Experience of dealing with multiple stakeholders with conflicting priorities

Employer certification / accreditation badges

Apprenticeships logoNo smoking policyPositive about disabled peopleAge positiveImproving working livesMindful employer.  Being positive about mental health.The Employers Network for Equality & Inclusion (enei) is the UK's leading employer network covering all aspects of equality and inclusion issues in the workplace.Disability confident committedArmed Forces Covenant

Applicant requirements

You must have appropriate UK professional registration.

This post will require a submission for Disclosure to be made to check for any unspent criminal convictions.

Documents to download

Apply online now

Further details / informal visits contact

Name
Nicky Rees
Job title
Operational Finance Partner
Email address
[email protected]
Telephone number
01803653588
Additional information

Please contact me via email

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