At a Glance
- Tasks: Lead a finance team to manage budgets and ensure effective financial resource use.
- Company: Join a dynamic healthcare organisation at New Cross Hospital.
- Benefits: Agile working options, competitive salary, and opportunities for professional development.
- Other info: Engaging work environment with continuous professional development opportunities.
- Why this job: Make a real impact in healthcare finance while developing your skills.
- Qualifications: Qualified AAT with NHS management accounting experience; CCAB qualification is a plus.
The predicted salary is between 46300 - 52800 € per year.
A fantastic opportunity has arisen for a Deputy Finance Manager to join the Emergency and Medicine Division on a permanent basis. Reporting to the Clinical Finance Manager, the successful candidate will lead a financial management team to ensure effective use of financial resources in pursuit of agreed divisional and corporate goals. The role will also support budget setting, financial planning, forecasting, monthly monitoring and reporting within corporate standards and timetables. The role requires an enthusiastic, motivated and dedicated individual with excellent communication and interpersonal skills. It is based at New Cross Hospital and offers the option of agile working, combining on‑site and remote work for the right candidate.
Responsibilities
- Ensure that all information provided by the team is of a high professional standard, is timely and accurate and that correct financial principles are adhered to.
- Manage day‑to‑day team operations, assist the Finance Manager with recruitment, selection, appraisals, development, sickness absence and disciplinary matters, ensuring course with Trust HR policies.
- Lead the team through the monthly management accounting process, ensuring correct accounting treatment of provisions and adherence to reporting and forecasting deadlines.
- Meet regularly with divisional staff and budget holders to discuss financial positions and associated issues, planning actions to correct adverse trends or meet cost reductions.
- Advise divisions/departments on a wide range of financial issues, including identification of cost improvement targets, income generation, costing of rebased establishments, service developments, financial management and business planning.
- Provide financial support for business cases presented to Trust Management Committee, Trust Board, commissioners and integrated care systems, including full financial analysis of options, impacts and capital purchasing decisions.
- Appraise the Finance Manager of any concerns or risks affecting financial breakeven of directorate budgets, including changes in service provision.
- Support the Finance Manager in the annual Trust business planning and budget setting process, ensuring all relevant issues are considered and that financial implications are fully costed.
- Understand the Trust’s policies and procedures, Schedules and Supporting Financial Information, provide training, and report non‑compliance to the Chief Financial Officer.
- Provide information for accurate patient level costs and reference costs, including costing of care profiles, apportionment tables and other costing returns.
- Lead the team in accurate completion of Trust accounts processes, ensuring tasks meet timetables and comply with external audit requirements.
- Participate in departmental meetings, deputise for the Finance Manager at divisional and senior finance team meetings as required.
- Ensure departmental staffing structures reflect changing Trust requirements.
- Maintain continuous professional development in line with accountancy professional bodies, keeping up to date with legislation and developments such as NHS funding regimes, pay and conditions, medical staff terms and pension and national insurance contributions.
Qualifications
- Qualified AAT with substantial post‑qualification NHS management accounting experience.
- Desirable: Fully qualified CCAB Accountant or in final stage of study.
Experience please check suitability prior to applying.
Deputy Finance Manager employer: Health Jobs UK
As a Deputy Finance Manager at New Cross Hospital, you will be part of a dynamic and supportive work environment that prioritises professional development and employee well-being. With the flexibility of agile working arrangements, you can balance your personal and professional life while contributing to impactful financial management in the healthcare sector. The Trust fosters a culture of collaboration and continuous improvement, ensuring that you have the resources and opportunities to grow your career in finance within the NHS.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in healthcare. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by practising common questions related to financial management and NHS specifics. We recommend role-playing with a friend to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Bring along examples of your past work, like reports or presentations, that highlight your financial acumen. This will help you stand out as a candidate who knows their stuff.
✨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 are proactive about their job search.
We think you need these skills to ace Deputy Finance Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Deputy Finance Manager role. Highlight your relevant experience in financial management, budgeting, and team leadership. We want to see how your skills align with what we’re 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 you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure to demonstrate your interpersonal skills in your application. Whether it’s through examples in your CV or your cover letter, let us know how you’ve effectively communicated in past roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
How to prepare for a job interview at Health Jobs UK
✨Know Your Numbers
As a Deputy Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial principles and be ready to discuss how you've applied them in previous roles. Prepare examples of how you've managed budgets or improved financial processes.
✨Showcase Your Leadership Skills
This role involves leading a financial management team, so be prepared to talk about your leadership style. Think of specific instances where you've successfully managed a team, resolved conflicts, or mentored colleagues. Highlight your ability to motivate and develop others.
✨Understand the Trust's Goals
Familiarise yourself with the Trust’s mission and current financial challenges. Be ready to discuss how you can contribute to their goals, especially in terms of cost improvement and financial planning. Showing that you understand their context will set you apart.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Prepare for scenarios related to budget overruns or financial reporting issues. Think through how you would approach these situations, including the steps you’d take to resolve them and communicate with stakeholders.
