At a Glance
- Tasks: Support managers in delivering financial strategies and goals with high-quality financial management.
- Company: Join North Middlesex University Hospital, a leader in community and hospital care.
- Benefits: Enjoy flexible working hours and competitive weekly salary.
- Other info: Be part of a multidisciplinary team with opportunities for career growth.
- 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.
- 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.
Band 8b - Finance Business Partner - North Middlesex in London employer: Bank Partners
North Middlesex University Hospital is an exceptional employer, offering a dynamic work environment where finance professionals can thrive while contributing to vital healthcare services. With a strong commitment to employee development, flexible working hours, and a collaborative culture, North Mid empowers its staff to make a meaningful impact in the community. Join a dedicated team that values innovation and excellence in financial management, all within one of London's busiest hospitals.
StudySmarter Expert Advice🤫
We think this is how you could land Band 8b - Finance Business Partner - North Middlesex in London
✨Tip Number 1
Network like a pro! Reach out to current employees at North Mid or similar organisations on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Brush up on financial management strategies and be ready to discuss how you can help North Mid achieve its financial goals. Show them you’re not just a number cruncher, but a strategic partner.
✨Tip Number 3
Don’t forget to showcase your leadership skills! Be ready to share examples of how you've led teams or projects in the past. North Mid is looking for someone who can inspire and upskill others in finance literacy.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Band 8b - Finance Business Partner - North Middlesex in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Business Partner role. Highlight your relevant experience, especially in financial management and strategic planning. We want to see how your skills align with what North Mid is looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your professional qualifications and any specific achievements that relate to the job.
Showcase Your Analytical Skills:Since this role involves a lot of financial analysis, make sure to showcase your analytical skills in your application. Provide examples of how you've used data to drive decisions or improve financial outcomes in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our team!
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 real-world scenarios. Think of examples where you've successfully managed budgets or led teams through financial challenges. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Leadership Skills
Since this role involves leading finance and clinical teams, be ready to discuss your leadership style. Share experiences where you've upskilled others in financial literacy or improved processes. Highlight your ability to collaborate across departments to achieve financial goals.
