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- Tasks: Manage practice finances and maximise income while reducing costs.
- Company: Join a healthcare organisation focused on long-term objectives and quality services.
- Benefits: Competitive salary, flexible hours, and professional development opportunities.
- Other info: Part-time role with potential for growth in a supportive environment.
- Why this job: Make a real impact in healthcare finance and support essential services.
- Qualifications: Degree in healthcare or business with strong financial skills.
The predicted salary is between 37000 - 39500 £ per year.
The Practice Finance Manager will manage and coordinate all aspects of practice finances, ensuring the organisation achieves its long‑term objectives. They will support and oversee the maximisation of enhanced services and QOF achievements, reporting to the GP Principal. They will ensure the practice meets the standards necessary for ongoing registration with the Care Quality Commission and lead the development and adherence to practice risk‑management procedures and protocols.
Responsibilities
- Manage practice finances, maximising income and reducing expenditure.
- Ensure invoices are paid within the given time frame.
- Maintain an effective system for handling petty cash.
- Submit year‑end figures, liaising with the organisation’s accountant.
- Manage and oversee the organisation’s pension scheme, retaining accurate records.
- Manage GP drawings.
- Manage and oversee PAYE.
- Maintain an effective working relationship with the ICB and PCN, ensuring a proportionate and equitable allocation of resources.
- Ensure that Enhanced Service and QOF achievements are maximised.
- Ensure enhanced services claims are completed and submitted in a timely manner through the CQRS system or invoicing.
- Undertake all mandatory training.
- Ensure all servicing and maintenance is completed as required.
Qualifications
- Excellent standard of education with excellent literacy and numeracy skills.
- Educated to degree level in healthcare or business.
Experience
- Ability to use financial IT systems.
- Experience of managing accounts, working in a healthcare setting, health and safety requirements and needs within a small business, managing costs for NHS organisations, and a knowledge of SystmOne.
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and will require a submission to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
£37,000 to £39,500 a year – Full time equivalent. Hours: 15 hours per week, Monday to Wednesday, with some flexibility for the successful applicant.
Practice Finance Manager employer: Longroyde Surgery
Contact Detail:
Longroyde Surgery Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Practice Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your contacts in the healthcare and finance sectors. You never know who might have a lead on a Practice Finance Manager role or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial IT systems and SystmOne. Be ready to discuss how you've maximised income and reduced expenditure in previous roles – real examples will make you stand out!
✨Tip Number 3
Don’t just apply anywhere; focus on practices that align with your values and goals. Use our website to find roles that excite you, and tailor your approach to each one.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.
We think you need these skills to ace Practice Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Practice Finance Manager role. Highlight your experience in managing finances, especially in a healthcare setting, and showcase your skills in using financial IT systems. We want to see how you can contribute to our long-term objectives!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific achievements related to maximising income and reducing expenditure, and don’t forget to express your enthusiasm for working with us at StudySmarter.
Showcase Relevant Experience: When filling out your application, be sure to highlight any relevant experience you have with QOF achievements or managing accounts in a healthcare environment. We love seeing candidates who understand the unique challenges of our sector!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you’re keen on joining the StudySmarter team!
How to prepare for a job interview at Longroyde Surgery
✨Know Your Numbers
As a Practice Finance Manager, you'll be dealing with finances daily. Brush up on key financial metrics and be ready to discuss how you've maximised income or reduced expenditure in previous roles. This shows you understand the financial landscape and can contribute effectively.
✨Familiarise Yourself with Relevant Systems
Make sure you're comfortable with financial IT systems, especially SystmOne if it's relevant. If you have experience with similar software, be prepared to share specific examples of how you've used it to manage accounts or streamline processes.
✨Understand the Regulatory Landscape
Since this role involves ensuring compliance with Care Quality Commission standards, do your homework on these regulations. Be ready to discuss how you've previously navigated compliance issues or implemented risk-management procedures in a healthcare setting.
✨Showcase Your Communication Skills
You'll need to maintain effective relationships with various stakeholders, including the ICB and PCN. Prepare examples of how you've successfully communicated complex financial information to non-financial colleagues, demonstrating your ability to bridge gaps and foster collaboration.