At a Glance
- Tasks: Support financial management and reporting for operational teams in a dynamic healthcare environment.
- Company: Join a leading healthcare provider with a focus on collaboration and growth.
- Benefits: Competitive salary, bonus potential, pension scheme, and flexible hybrid working.
- Other info: Build strong relationships and enjoy opportunities for professional development.
- Why this job: Make a real impact by bridging finance and operations in a meaningful sector.
- Qualifications: Degree in Finance or related field; experience in finance or analysis 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.
Qualifications
- 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.
Skills and Competencies
- 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).
Benefits
- Competitive salary
- Potential for value-linked bonus scheme
- Company pension
- Opportunities for professional development and career progression
- Flexible hybrid working arrangements
Finance Business Partner in Yorkshire 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 in Yorkshire
✨Tip Number 1
Network like a pro! Get out there and connect with people in the finance sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for those interviews! Research the company and its financial operations thoroughly. Be ready to discuss how your skills can directly impact their financial performance. Practise common interview questions and think of examples that showcase your analytical thinking and relationship-building skills.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit for the Finance Business Partner position.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that dream job. Plus, applying directly can sometimes give you an edge over other candidates. So, get your application in and let’s make it happen!
We think you need these skills to ace Finance Business Partner in Yorkshire
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Business Partner role. Highlight relevant experience in financial management and operational support, and don’t forget to showcase your analytical skills and relationship-building abilities!
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 examples of how you've supported financial performance in previous roles and how you can bring that expertise to us at Milewood.
Showcase Your Technical Skills: Don’t shy away from mentioning your technical skills, especially with Excel and any financial systems you’ve used. If you’ve got experience with reporting tools like Power BI, make sure to highlight that too – it’s a big plus for us!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Milewood Healthcare Ltd
✨Know Your Numbers
As a Finance Business Partner, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to the role, such as profit margins, care hours, and budget variances. Be ready to discuss how you've used these metrics in past roles to drive decision-making.
✨Build Rapport with Operational Teams
Since this role involves working closely with regional and home managers, practice how you can quickly build trust and rapport. Think of examples from your past where you've successfully collaborated with non-financial stakeholders to achieve common goals.
✨Prepare for Scenario Questions
Expect questions that assess your analytical thinking and problem-solving skills. Prepare to discuss how you would handle specific scenarios, like managing staffing costs or optimising care hours. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Technical Skills
Highlight your proficiency in Excel and any experience with financial systems like Sage or reporting tools like Power BI. Be prepared to discuss how you've used these tools to improve financial reporting or operational efficiency in previous roles.