Deputy Manager Finance

Deputy Manager Finance

Suffolk Full-Time No home office possible
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At a Glance

  • Tasks: Assist in financial management, budgeting, and strategic planning for healthcare divisions.
  • Company: Join a leading healthcare organisation dedicated to improving patient care and operational efficiency.
  • Benefits: Enjoy hybrid working, competitive pay, and the chance to make a real impact.
  • Why this job: Be a key player in financial performance while collaborating with diverse teams in a dynamic environment.
  • Qualifications: Part qualified in finance with 5+ years of experience in financial management and analysis.
  • Other info: Temporary role with potential extension; work Monday to Friday, 37.5 hours per week.

The Deputy Finance Manager will provide high-quality financial information, support, and advice to clinical, non-clinical, and operational leads in any division. Your responsibilities will include assisting Finance Business Partners delivering financial statements, annual budgets, and the development of financial strategies. You will produce and present high-quality monthly management information and work alongside the Finance Business Partner to lead a division's financial performance management process, including accurate monthly forecasting of the service division's outturn. You will assist with developmental and transformation projects within the service divisions and contribute to the strategic and business planning processes.

As an effective communicator, you will further develop excellent working relationships with clinicians and managers. You will enjoy playing a highly visible role within the finance department and the service divisions that you support.

Location: Suffolk (hybrid 3 days from the office)

Job Type: Temporary

Duration of booking: Expected to last 3 months with possible extension

Proposed start date: ASAP

Pay Rates: £30.53 per hour PAYE inclusive of holiday pay (via direct engagement)

Hours / Working Days: 37.5 hours per week / Monday to Friday, 7.5 hr between 8am – 6pm

Sector: Healthcare

Based: Office / Hospital

Skills and Experience:

  • Part qualified (CCAB) or equivalent
  • Minimum 5 years’ experience in Financial Management
  • Proven financial management skills
  • Proven analytical and presentation skills
  • Knowledge of financial processes
  • Experience of budget management in a highly complex environment
  • Advanced computer skills, especially in relation to modelling (spreadsheets), reporting and use of accounting systems.
  • Prepare and present financial information
  • Evidence of assisting financial planning and delivery
  • Excellent interpersonal skills
  • Excellent IT skills, including data production and analysis
  • Analytical skills and high levels of persuading and influencing skills
  • The ability to understand complex customer needs quickly and respond effectively to them
  • Contextualise business reporting through an understanding of both financial and non-financial KPIs
  • The ability assists to plan and execute strategic change and influence organisational and individual behaviour

Job responsibilities:

  • To assist in the production of annual revenue budgets for the organisation through the budget setting process.
  • Responsible for the collection, review and processing of monthly management accounting information and presentation of all key aspects of this data (including revenue and CIP performance) in the appropriate form for the relevant internal and external governance bodies.
  • To advise the Finance and Performance manager on the availability of resources to discharge the Trust’s financial management responsibilities.
  • To support clinical, nursing and operational leads by becoming an integral member of the divisional team.
  • In the process of financial performance management of the Trust, reporting actual performance against the plan and where performance differs significantly to influence operational managers/clinicians in taking corrective action.
  • To lead in the formulation of the financial aspect of the divisional business cases in accordance with the Trust’s strategic aims and objectives (as directed by the Finance and Performance Manager).
  • To make the Finance and Performance Manager aware of the risks and benefits of business cases.
  • To advise & recommend options on financial and non-financial aspects of the business plans, including assessment of financial risk and advice regarding the allocation of financial resources.
  • To act in an entrepreneurial and innovative manner, ensuring that all financial opportunities and strategic threats (often including highly complex cross divisional issues) are identified, investigated and acted upon to deliver a balanced financial position for the division.
  • To assist clinical, nursing and operational leads by identifying and achieving cost improvement and income generation targets, undertaking reviews of all existing practices with the aim of improving efficiency.
  • To ensure that the measurement and financial reporting of progress towards the Trust cost improvement programme is robust and auditable.
  • To support and input into the production and timely completion of the year end accounting cycle.
  • To ensure that appropriate analytical review analysis is completed to support the accounts.
  • To continually improve and develop the provision of quality information and financial expertise for the divisions.
  • To deputise for the Finance and Performance manager for the relevant Clinical Division.
  • To ensure the Trusts interests are served in the provision and receipt of services from partner organisations (e.g. Universities, NHS Trusts, ICBs) and the commercial sector.
  • To ensure that robust financial forecasting is undertaken in a professional manner which provides effective early warning of potential future problems which enable financial risks to be effectively managed.
  • Ensure there are appropriate systems and processes in place which deliver a continuous process of improved efficiency and value for money using external sources of benchmarking where available and that the delivery of Trust cost improvement programme is effectively delivered.

Deputy Manager Finance employer: Your World Recruitment Group

As a Deputy Manager Finance in Suffolk, you will thrive in a supportive healthcare environment that values your expertise and fosters professional growth. With a hybrid working model, you can enjoy a balanced work-life while contributing to meaningful financial strategies that impact patient care. The company promotes a collaborative culture, offering opportunities for continuous learning and development, making it an excellent employer for those seeking a rewarding career in finance.
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Contact Detail:

Your World Recruitment Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Deputy Manager Finance

✨Tip Number 1

Familiarise yourself with the specific financial processes and reporting requirements in the healthcare sector. Understanding how financial management operates within this context will give you an edge when discussing your experience and insights during interviews.

✨Tip Number 2

Network with professionals already working in finance roles within healthcare. Engaging with them can provide valuable insights into the challenges they face and the skills that are most sought after, which you can highlight in your discussions.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed budgets or improved financial processes in previous roles. Being able to articulate your achievements clearly will demonstrate your capability and fit for the Deputy Manager Finance position.

✨Tip Number 4

Showcase your analytical skills by being ready to discuss how you've used data to influence decision-making in past positions. This is crucial for the role, as it involves presenting financial information and advising on strategic changes.

We think you need these skills to ace Deputy Manager Finance

Financial Management
Budget Management
Analytical Skills
Presentation Skills
Advanced Excel Skills
Accounting Systems Proficiency
Financial Forecasting
Interpersonal Skills
Data Analysis
Strategic Planning
Cost Improvement Strategies
Performance Management
Communication Skills
Problem-Solving Skills
Understanding of Financial and Non-Financial KPIs

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial management, particularly any roles where you've assisted with budget management or financial forecasting. Use specific examples that demonstrate your analytical and presentation skills.

Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the Deputy Manager Finance position and how your background aligns with the job responsibilities. Mention your ability to communicate effectively with clinical and operational leads, as this is crucial for the role.

Highlight Relevant Skills: Emphasise your part-qualified status (CCAB or equivalent) and your advanced computer skills, especially in relation to modelling and reporting. Make sure to mention your experience in a complex financial environment and your ability to influence decision-making.

Showcase Your Interpersonal Skills: Since the role requires excellent interpersonal skills, provide examples of how you've built strong working relationships in previous positions. This could include collaboration with teams or influencing stakeholders to achieve financial goals.

How to prepare for a job interview at Your World Recruitment Group

✨Showcase Your Financial Acumen

Be prepared to discuss your experience in financial management, particularly in complex environments. Highlight specific examples where you've successfully managed budgets or improved financial processes.

✨Demonstrate Analytical Skills

Expect questions that assess your analytical abilities. Prepare to explain how you've used data to influence decision-making and improve financial performance in previous roles.

✨Communicate Effectively

As an effective communicator, you should be ready to demonstrate how you've built relationships with clinical and operational leads. Share examples of how your communication skills have helped in presenting financial information clearly.

✨Prepare for Scenario-Based Questions

Anticipate scenario-based questions that may require you to think on your feet. Practice articulating how you would handle specific financial challenges or strategic changes within a healthcare setting.

Deputy Manager Finance
Your World Recruitment Group
Y
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