At a Glance
- Tasks: Lead a finance team and provide financial support to ensure effective resource use.
- Company: Join the Royal Wolverhampton NHS Trust, a leading healthcare provider in the West Midlands.
- Benefits: Enjoy flexible working options, competitive salary, and opportunities for professional development.
- Why this job: Make a real impact in healthcare finance while supporting diverse communities.
- Qualifications: Qualified AAT with NHS management accounting experience; CCAB qualification is a plus.
- Other info: Dynamic work environment with a commitment to diversity and inclusion.
The predicted salary is between 28800 - 48000 £ per year.
A fantastic opportunity has arisen for a Deputy Finance Manager to join the Black Count Pathology Service 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. This post 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.
This role is based at New Cross Hospital while also embracing the option of agile working, through a combination of on-site working and working from home, should this flexibility be attractive to the right candidate.
Main duties of the job:- The post holder will provide financial support and advice to specified divisions and support services.
- Financial support will include advising Clinical Directors, Divisional Managers, Group/Directorate Managers, Budget Holders and the Corporate Finance Manager in financial matters relating to the areas concerned.
- They will supervise a finance team providing professional advice on all financial matters.
- The Deputy Finance Manager will represent the Chief Financial Officer at Divisional/Departmental Team Meetings and will ensure that all decisions are made within a financial framework agreed by the Chief Financial Officer.
- To 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.
- To be responsible for the day-to-day management of the team, assisting the Finance Manager in recruitment and selection, appraisals, personal development, sickness absence policy and disciplinary issues, ensuring Trust HR policies are adhered to.
- To be responsible for leading the team through the monthly management accounting process, ensuring the correct accounting treatment of provisions made, and that the strict reporting and forecasting deadlines are adhered to.
- Meet regularly with divisional staff and budget holders to discuss the financial position and associated issues.
- To advise the divisions/departments on a wide range of financial issues, including identifying cost improvement targets, income generation, costing of rebased establishments, service developments, financial management and business planning.
- To ensure that all financial proposals have been accurately costed, and that the division/department is aware of the full implications of the proposals.
- To provide financial support to business cases prepared for presentation to a number of groups including Trust Management Committee, Trust Board, Commissioners and ICs.
- To appraise the Finance Manager of any concerns / risks with achievement of financial breakeven of directorate budgets including financial implications of changes in service provision.
- To support the Finance Manager in the annual Trust business planning and budget setting process.
- To report any non-compliance or potential non-compliance to the Chief Financial Officer, as appropriate.
- To lead the team in accurate completion of the Trust accounts processes, ensuring tasks are completed in line with the timetables and comply with External Audit requirements.
- To participate in departmental meetings, e.g. Team Brief.
- To deputise for the Finance Manager at Divisional and Senior Finance Team Meetings as required and support other colleagues as appropriate.
- Qualified AAT with substantial post qualification NHS management accounting experience.
- Previous experience of working within a senior management accounts role.
- Ability to lead in business planning and budget setting processes.
- Must be computer literate with previous experience of Microsoft office (or similar) and advanced knowledge of Excel.
- High level of analytical skills and ability to process complex financial data.
- Ability to communicate confidently and professionally to all levels of staff within and outside the organisation.
As a major employer in the Black Country and West Birmingham region, we are committed to supporting all employees to achieve a healthy work-life balance. We encourage all prospective applicants to discuss their individual circumstances with the Recruiting Manager as part of the on-boarding process.
Deputy Finance Manager in Wolverhampton employer: Health Jobs UK
Contact Detail:
Health Jobs UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Finance Manager in Wolverhampton
✨Tip Number 1
Get to know the company! Research the Royal Wolverhampton NHS Trust and understand their values, mission, and recent achievements. This will help you tailor your responses during interviews and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Practice makes perfect! Prepare for common interview questions related to finance management and leadership. Think about your past experiences and how they align with the role of Deputy Finance Manager. We recommend doing mock interviews with friends or using online resources to boost your confidence.
✨Tip Number 3
Show off your soft skills! As a Deputy Finance Manager, you'll need to communicate effectively with various stakeholders. Be ready to share examples of how you've successfully navigated complex financial discussions or resolved conflicts in the past.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a thank-you email to express your appreciation for the opportunity. This not only shows good manners but also reinforces your enthusiasm for the position. And remember, apply through our website for the best chance!
We think you need these skills to ace Deputy Finance Manager in Wolverhampton
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Deputy Finance Manager role. Highlight your relevant experience in financial management, budget setting, and team leadership to show us you’re the perfect fit!
Showcase Your Skills: Don’t forget to emphasise your analytical skills and ability to handle complex financial data. We want to see how you can make decisions quickly and effectively, especially when it comes to managing budgets and financial planning.
Be Professional Yet Personable: While we appreciate professionalism, we also value good communication skills. Make sure to convey your ability to work with various stakeholders, including non-financial managers, in a clear and approachable manner.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity with the Royal Wolverhampton NHS Trust!
How to prepare for a job interview at Health Jobs UK
✨Know Your Numbers
As a Deputy Finance Manager, you'll be dealing with complex budgets and financial data. Brush up on your financial analysis skills and be prepared to discuss specific examples of how you've managed budgets in the past. This will show your potential employer that you can handle the financial intricacies of the role.
✨Communicate Clearly
Excellent communication skills are essential for this position. Practice explaining complex financial concepts in simple terms, as you'll need to advise non-financial managers. Consider role-playing with a friend to refine your ability to convey information clearly and confidently.
✨Show Leadership Qualities
You'll be supervising a finance team, so it's crucial to demonstrate your leadership abilities. Prepare examples of how you've motivated and guided teams in previous roles. Highlight any experience you have in recruitment, appraisals, or managing performance to showcase your capability to lead effectively.
✨Understand the Trust's Values
Familiarise yourself with the Royal Wolverhampton NHS Trust's values and mission. During the interview, relate your personal values to those of the Trust, especially regarding diversity and compassionate care. This alignment will help you stand out as a candidate who is not only qualified but also a good cultural fit.