At a Glance
- Tasks: Support managers in delivering financial strategies and goals through high-quality financial management.
- Company: Join North Middlesex University Hospital, a leader in community and hospital care.
- Benefits: Enjoy flexible working hours, competitive pay, and NHS pension contributions.
- Other info: Be part of a multidisciplinary team with excellent career growth opportunities.
- Why this job: Make a real impact on healthcare finance while developing your skills in a dynamic environment.
- Qualifications: Masters level education and professional accountancy qualification required.
The predicted salary is between 62215 - 72293 £ per year.
North Middlesex University Hospital (North Mid) are searching for a passionate and experienced Finance Business Partner to join their highly skilled team. North Mid provides both hospital and community care, helping to keep people in the best possible health at every stage in their lives. Its maternity, children, and adult services span a range of medical and surgical specialities and its adult and children’s emergency departments are among the busiest in London. North Mid is also proud to offer one of the largest services in the UK dedicated to the diagnosis and treatment of red cell haemoglobin conditions, including sickle cell disease and thalassaemia syndromes.
Job Summary: To support the operational and non-operational managers of a number specified service lines in delivering their financial strategy and key financial goals, through the provision of high quality financial management, control and planning services, advice and support. This involves strategic, organisational and operational discussion, analysis and reporting to enable the efficient and effective use of service line resources. To provide financial support to development of divisional FIP/savings plans and monitor the delivery of these plans. Responsible for the preparation and review of business cases ensuring that all costs/income/benefits are fully understood and those decisions on new initiatives are taken with full knowledge of the financial implications. Preparation of annual budgets, focused on service line profitability and including providing challenge to service line assumptions. Responsible for financial negotiations in relation to service line contracts both internally and externally. To enhance and develop the financial analytical support in order to help managers to develop their services in a cost-effective way. In particular the development of planning and monitoring policies and procedures. As a member of a multidisciplinary management team will attend key board and committees and be involved on a daily basis with the operations of assigned service lines. To provide leadership across finance and clinical teams including the upskilling on finance literacy and best practice, adherence to governance and the delivery of the Trust’s financial plan.
Requirements:
- Educated to Masters level or equivalent
- Professional qualification in accountancy (CIMA, ACA, CIPFA, ACCA)
- Expert knowledge gained through specialist training or experience
- Evidence of maintaining and developing technical accounting expertise and of staying up to date with current accounting rules since qualification
- Post qualification analytical financial management experience
- Successful experience of managing teams including experience of leading management accounting teams
- Experience of managing budget setting in large and highly complex organisation
- Experience of producing financial monitoring reports to Senior Management / Directors for large highly complex organisation
- Knowledge and experience of financial systems
Benefits:
- Flexible working hours
- Weekly salary
- Staffing Bank workers can contribute to their NHS pension
- Priority of shifts over all agency workers
- Competitive pay
Band 8b - Finance Business Partner - North Middlesex employer: Bank Partners
Contact Detail:
Bank Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Band 8b - Finance Business Partner - North Middlesex
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience in healthcare. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching North Mid's financial strategies and recent developments. Show us that you’re not just another candidate; demonstrate your passion for their mission and how your skills can help them achieve their goals.
✨Tip Number 3
Practice your financial analysis skills! Be ready to discuss how you've tackled complex budgeting or financial reporting challenges in the past. We want to see your analytical prowess in action!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Band 8b - Finance Business Partner - North Middlesex
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Business Partner role. Highlight your relevant experience and skills that match the job description, especially in financial management and strategic planning.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about this role at North Mid. Share specific examples of how you've successfully managed budgets or led teams in the past to show us what you can bring to the table.
Showcase Your Qualifications: Don’t forget to mention your professional qualifications like CIMA, ACA, or ACCA. We want to see your educational background and any ongoing training that keeps you up to date with accounting rules.
Apply Through Our Website: For the best chance of success, make sure to apply through our website. It’s the easiest way for us to receive your application and keep track of all the amazing candidates like you!
How to prepare for a job interview at Bank Partners
✨Know Your Numbers
As a Finance Business Partner, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to the role and be prepared to discuss how you've used these in past positions. Show them you can analyse data and make informed decisions.
✨Understand the Organisation
Familiarise yourself with North Middlesex University Hospital's services and recent developments. Knowing their mission and how finance plays a role in achieving their goals will help you tailor your responses and show genuine interest in the position.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills in financial management. Think of specific examples where you've successfully navigated challenges, such as budget cuts or financial negotiations, and be ready to explain your thought process and outcomes.
✨Showcase Leadership Skills
Since the role involves leading teams and enhancing financial literacy, prepare to discuss your leadership style. Share experiences where you've mentored others or led projects, highlighting how you foster collaboration and drive results within multidisciplinary teams.