Divisional Finance Manager St George\'s University Hospitals NHS Foundation Trust

The role of the financial management team is to provide financial information and support to the Trust to enable managers to manage income and resources effectively to provide high quality care for patients. The team also reports on financial performance to external bodies such as the Department of Health and Monitor. This includes setting annual budgets, the provision of regular financial reports on performance to key managers and budget holders, production of Service Line Reports/Patient Level Costing information, advice on financial control and operational issues, input to cost improvement plans and business cases and other issues with financial implications.

This post is responsible for supporting one of the clinical operational divisions within the Trust. This is a key role and the postholder will be expected to work autonomously whilst building strong, open and professional relations with the clinicians, managers and senior finance staff.

Key responsibilities include:

• Supporting divisional directors and managers to manage the division’s resources effectively to provide high quality care for patients.
• Providing high quality financial information and advice to enable the division to meet its operational and strategic objectives.
• Playing an active role in developing the business skills of divisional managers and clinicians.
• Working with the central finance team to manage and report on the overall use of the resources of the Trust and to meet financial and service targets.
• Providing high quality timely and accurate financial information to enable divisional managers to assess financial performance.
• Analysing and interpreting information, linking finance to activity and workforce data and supporting/advising managers on actions to deal with pressures so they can meet agreed financial/service plans.
• Directing and leading the work of their supporting team, currently one finance manager, and liaising with the central finance team to ensure that divisional managers get high quality information and support.
• Line managing and motivating direct reports to perform effectively, develop their skills and be successful members of the finance team.
• Meeting trust-wide reporting requirements and adhering to Trust financial policies and standards.
• Representing the Trust’s financial interests when dealing with 3rd party contractors and external organisations, e.g., in negotiating contracts.
• Working with divisional managers to review financial performance and to forecast income and spend for the rest of each financial year.
• Preparing realistic annual budgets and business plans.
• Developing financial skills among clinicians and managers in the division through formal training and informal coaching/guidance.
• Contributing to the development of robust, deliverable transformation and savings plans, providing constructive challenge and technical input to costing.
• Presenting financial information when required to divisional/directorate/care group management teams and ensuring they are aware of the Trust’s overall financial position.
• Contributing to the effective leadership and direction of the finance function and the continual improvement and development of the team.
• Ensuring divisional managers are aware of the Trust’s financial governance requirements and advising on their application.
• Supporting completion of the Trust’s annual accounts and other statutory/regulatory returns as required.
• Investigating and advising on complex issues that arise in the division/Trust and leading on providing financial and business planning advice to the Directorate.
• Analysing and using comparative cost information/benchmarking to achieve the most effective use of Trust resources.
• Making effective use of financial systems and information technology to streamline processes and provide user-friendly information.

Any other duties, commensurate with the grade and nature of this post.