Head of Finance in Mansfield

Join our dynamic Finance Department making a real impact in specialist healthcare services. We are excited to announce an exceptional leadership opportunity for experienced finance professionals to help shape and support our Care Groups.

Main duties of the job:

• Support clinical and operational leaders in decision-making.
• Oversight of budgeting, forecasting, and Care Group cost improvement programmes.
• Business partner with Care Group Directors or Executive Directors on the financial direction of Care Group services.
• Provide financial input and support to contract negotiations and their performance.
• Ensure comprehensive business advice and information is provided to budget holders and managers within the Care Group.
• Advise and inform the Head of Financial Management of the current and prospective financial position of the Care Group.
• Ensure Care Group compliance, governance, and value for money.
• Lead a team of finance professionals with a focus on continuous improvement.

Detailed job description and main responsibilities:

• Ensure the preparation of accurate and timely financial reports for Care Group/Corporate Group.
• Produce monthly summary data on actuals/forecast with appropriate narrative for inclusion in the Trust Board reports.
• Review, interpret and present accounts and reports, ensuring that work meets best practice standards and is used appropriately to support proposals and recommendations for decision-making.
• Provide guidance and support to budget holders to enable effective budgetary control.
• Identify and discuss with managers and clinicians areas where savings and efficiencies can be made to enable more effective use of the Trust's resources.
• Analyse detailed and complex financial statements and forecasts and create reports and presentations that make them readily understandable to non-financial managers.
• Manage the financial plan setting and cost improvement identification process within the Care Group/Corporate areas in accordance with Executive Leadership Team agreed timetables.
• Be solely responsible for agreeing virements to enable the production of a balanced budget.
• Work alongside the Deputy Director of Finance in the production of the Trust's annual financial plans, by providing summaries of relevant financial information.
• Responsible for the Care Group/Corporate area financial forecast.
• Indirectly contribute to the completion of annual accounts.

Staff and Leadership:

• Direct, lead and motivate the Care Group/Corporate finance team.
• Recruit and train new members of staff where appropriate including team induction.
• Appraise directly line managed staff through the PAD process to identify their training and development needs, and performance manage the team in order to maximise their potential and the contribution they make to the organisation.
• Oversee sickness and absence management of the finance team.
• Ensure all budget holders in the designated directorates fully understand the financial information presented to them, identifying and implementing any training needs as necessary.
• Contribute to development and delivery of Trust wide training to non-financial staff as required.
• Demonstrate continuing professional development, through development of knowledge, skills and keeping up to date with professional practice.

Work with external Stakeholders:

• Represent the Trust providing support to develop system plans with colleagues across the ICS.

Business Partnering:

• Support the relevant managers across Care Group/Corporate to fulfil their statutory duties including the proprietary responsibility and stewardship of public funds.
• Support the Trust in achieving its planned financial outturn.
• Contribute to current departmental issues which may change over time.

Service & Policy Development:

• Lead on ensuring the development of the Trust costing strategy incorporating the NHS England costing roadmap and ensuring our patient level costing system is adequate to provide requirements of the roadmap.
• Manage the production of costing information in the Trust including the implementation and development of costing systems that will support the production of statutory reference costs and specialty cost returns, and service line reporting.
• Utilise financial expertise and in depth specialist knowledge of business, legislative and NHS environment to assist General Managers in developing proposals and production of Care Group/Corporate plans in line with the Trust Strategy.
• Direct the implementation and monitoring of compliance with Trust financial policy within Care Group/Corporate areas, so ensuring that best practice is disseminated and Directorate policy is consistent with Trust strategy.
• Interpret the impact of Organisational Policy as it affects individual Care Units/Corporate areas and prepare them for such impact.
• Ensure as far as possible budget holders adhere to Trust financial policy.

Efficiency Programme:

• Finance lead supporting the overall Trust efficiency programme.
• Assistance across the organization with development and monitoring of cost improvement plans for services, providing financial support and challenges where appropriate.

Training:

• Lead on finance staff development needs and ensure all finance staff receive mandatory training in a timely manner.
• Lead on the Finance training offer working with Learning & Development.
• Finance skills development for the Trust, contributing to decisions on appropriate courses set by FSD, and ensure information on courses is made available to relevant staff.

General:

• Authorised signatory in line with Scheme of delegation.
• Responsible for ensuring Health and Safety policies are implemented and adhered to within Care Group/Corporate finance team.

Please note applicants will be required to pay for their DBS check. Costs are deducted from salary following appointment. The cost of the DBS application is £26.40 (standard) or £54.40 (enhanced), this cost will be deducted from your salary over the first 2 months of employment. You are encouraged to enrol for the DBS Update Service. An annual fee of £16 per year applies.

In submitting an application form, you authorise Nottinghamshire Healthcare NHS Foundation Trust to confirm from your previous or current NHS employer and other prior employers; previous NHS service details and personal data held about you. This data will be transferred using NHS Electronic Staff Record and third party systems via an automated process and only used for the purposes of obtaining and maintaining accurate employment records, should you be appointed to the post.

Person specification:

• Qualifications: Possess a Professional accounting qualification (CCAB or equivalent).
• Desirable criteria: Educated to degree level or equivalent.
• Further Training: Demonstrate evidence of continuing professional development.

Work Experience:

• A minimum of 2 years post CCAB or equivalent experience.
• Knowledge of NHS finance and business planning regimes.
• Appointing and Managing staff.

Aptitudes / Skills:

• Ability to problem solve and find solutions.
• Ability to communicate at a high level internally & externally.
• Possess numerical and analytical skills and have the ability to assimilate and interpret data to make resultant judgements.
• Able to lead and motivate a team.
• Ability to work under pressure and meet changing deadlines.
• Excellent written & report writing skills & have the ability to convey complex financial issues to non-Finance Managers.
• Possess excellent negotiating & influencing skills.
• Ability to work on own initiative, integrate within the team.

Values and Behaviours:

• Demonstrate the application of professional ethics, values and judgement in support of the core values underpinning the Finance Department, professionalism, empathy and respect.
• Values diversity and difference, operates with integrity and openness.
• Self-awareness in terms of emotional intelligence, biases and personal triggers with cultural sensitivity and awareness.

All colleagues are expected to demonstrate at interview that they act in line with Nottinghamshire Healthcare NHS Foundation Trust Values: Trust, Honesty, Respect, Compassion, Teamwork. All colleagues are expected to demonstrate an understanding of and commitment to Equality, Diversity and Inclusion (EDI) and how it applies to their role.

The Trust's expectations are highlighted within our EDI Policy, and associated EDI and Human Rights legislation.

Additional Information:

• We reserve the right to close the post early once we have received a sufficient number of applicants.
• The Trust believes in treating everyone with dignity and respect and encourages applications from all sectors of the community.
• We guarantee an interview to candidates with disabilities who meet the minimum essential criteria.

For eligible posts, DBS disclosures are mandatory before commencement of employment. If you are in a position that is deemed a regulated adult and/or child care role, you will not be able to start your employment until we have received a satisfactory DBS Disclosure. The Trust is committed to safeguarding and promoting the welfare of children, young people and vulnerable adults and expects all staff and volunteers to share this commitment.