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- Tasks: Support financial management and reporting for operational teams across the Midlands and North of England.
- Company: Join a dynamic finance team at Milewood, focused on impactful healthcare services.
- Benefits: Enjoy a competitive salary, potential bonuses, pension, and flexible hybrid working.
- Other info: Great opportunities for professional development and career progression await you!
- Why this job: Make a real difference in financial decision-making while building strong partnerships.
- Qualifications: Degree in Finance or Accounting; AAT qualified or studying towards CIMA/ACCA preferred.
The predicted salary is between 40000 - 40000 £ per year.
The Finance Business Partner plays a key role in supporting the operational and strategic financial management of Milewoods services. Working closely with regional and home managers, this role ensures financial information is accurate, timely and commercially useful to support decision making across the group.
The role acts as a bridge between finance and operations, providing regular financial reporting, managing care hours performance, supporting payroll information accuracy, and leading the generation and review of care fees with local authorities. The successful candidate will travel regularly to Milewood homes across the Midlands and North of England, building strong relationships with operational teams and supporting financial understanding at service level. While hybrid working is supported, the role requires regular on-site engagement with homes to drive genuine business partnership and financial accountability.
Key Responsibilities- Operational Financial Partnership
- Develop strong, trusted partnerships with regional managers, home managers and back office teams to support financial performance across services.
- Act as the primary finance contact for operational teams, providing guidance on financial performance, budgets and cost management.
- Support managers in understanding key financial drivers including staffing costs, agency usage, occupancy and care hours delivery.
- Care Hours Management and Reporting
- Own the weekly care hours reporting process across the group, ensuring staffing hours align with commissioned care packages and budgets.
- Analyse variances between commissioned hours, delivered hours and staffing rotas to identify operational efficiencies and cost pressures.
- Work with home managers to optimise staffing models and minimise agency reliance.
- Financial Reporting and Analysis
- Produce quarterly service-level Profit and Loss reporting, highlighting key variances and performance trends.
- Support the preparation of financial information for senior leadership and board reporting.
- Provide clear financial analysis and commentary to support operational decision making.
- Fee Management and Local Authority Reviews
- Lead the generation of placement fees and pricing for new admissions.
- Support periodic reviews of existing placements to ensure fees reflect care needs and cost pressures.
- Support fee negotiations and financial justification with commissioners and local authorities.
- Payroll Data Support
- Provide ad hoc support in maintaining accurate payroll information including staffing data, rota alignment and cost tracking.
- Work closely with HR and payroll to ensure staffing costs are correctly reflected in financial reporting.
- Budgeting and Financial Planning
- Support the development and monitoring of service budgets and forecasts.
- Identify variances to budget and work with operational teams to implement corrective actions.
- Assist with financial modelling and scenario analysis relating to occupancy, staffing and operational performance.
- Process Improvement
- Support the continuous improvement of financial reporting, care hours tracking and operational finance processes.
- Assist with the development of new reporting tools and dashboards to improve visibility of performance.
- Bachelor's degree in Finance, Accounting or a related field.
- AAT qualified or studying towards CIMA / ACCA preferred.
- Previous experience in a finance or analyst role, ideally within healthcare or a multi-site operational environment.
- Relationship building: Strong interpersonal skills with the ability to build trust quickly with operational teams.
- Commercial and financial insight: Ability to interpret financial information and translate it into meaningful operational insights.
- Analytical thinking: Strong ability to analyse operational and financial data to identify performance drivers.
- Communication: Ability to clearly explain financial information to non-financial stakeholders.
- Attention to detail: High level of accuracy in financial reporting and data management.
- Technical capability: Advanced Excel skills; experience using financial systems such as Sage; familiarity with Power BI or similar reporting tools (desirable).
- Competitive salary
- Potential for value-linked bonus scheme
- Company pension
- Opportunities for professional development and career progression
- Flexible hybrid working arrangements
Finance Business Partner employer: Milewood Healthcare Ltd
Contact Detail:
Milewood Healthcare Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Partner
✨Tip Number 1
Network like a pro! Get out there and connect with people in the finance sector, especially those working in healthcare. Attend industry events or join online forums to meet potential colleagues and learn about job openings.
✨Tip Number 2
Prepare for interviews by researching the company and its financial operations. Understand their challenges and think about how you can contribute as a Finance Business Partner. This will show you're genuinely interested and ready to make an impact.
✨Tip Number 3
Practice your communication skills! As a Finance Business Partner, you'll need to explain complex financial data to non-financial folks. Role-play with friends or family to get comfortable breaking down financial concepts into simple terms.
✨Tip Number 4
Don't forget to apply through our website! We love seeing candidates who are proactive and engaged. Plus, it gives you a chance to showcase your enthusiasm for the role right from the start.
We think you need these skills to ace Finance Business Partner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Finance Business Partner role. Highlight your experience in financial reporting and analysis, and don’t forget to mention any relevant qualifications like AAT or CIMA.
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 your relationship-building skills and how you can support operational teams with financial insights.
Showcase Your Analytical Skills: In your application, give examples of how you've used your analytical thinking to drive performance improvements. This could be through financial modelling or identifying cost efficiencies in previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Milewood Healthcare Ltd
✨Know Your Numbers
Before the interview, brush up on key financial metrics relevant to the role. Be prepared to discuss how you would analyse care hours, staffing costs, and budgets. Showing that you can interpret financial data and translate it into operational insights will impress the interviewers.
✨Build Relationships
Since this role involves working closely with regional and home managers, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully collaborated with teams in the past, especially in a finance context, to show you can be a trusted partner.
✨Showcase Your Analytical Skills
Be ready to discuss specific instances where you've used your analytical thinking to identify performance drivers or improve processes. Bring examples of how you've tackled variances in financial reporting or optimised staffing models to highlight your problem-solving abilities.
✨Communicate Clearly
Practice explaining complex financial concepts in simple terms. Since you'll need to communicate with non-financial stakeholders, being able to convey your insights clearly will be crucial. Consider preparing a few scenarios where you've successfully communicated financial information to diverse audiences.