At a Glance
- Tasks: Provide financial management advice and support to achieve NHS Group objectives.
- Company: Join a dynamic NHS team focused on financial excellence.
- Benefits: Competitive pay, professional development, and a chance to make a difference.
- Other info: Opportunity for growth in a supportive and inclusive environment.
- Why this job: Be part of a vital team shaping healthcare finance and improving patient services.
- Qualifications: Fully qualified accountant with strong analytical and communication skills.
The predicted salary is between 46300 - 52800 € per year.
Contract length: 3 months
Location: Shrewsbury/Telford
IR35: Inside
Pay rate to intermediary: TBC
Responsibilities
- Provide proactive financial management information and advice to the Group to work towards the full delivery of all Group financial objectives.
- Interpret and implement changes to the NHS Operating Framework within the Group.
- Lead the agreement of budget setting methodology, process and output with the Group Management team within a Trust wide framework.
- Ensure the Group identifies and achieves Cost Improvements Plans to achieve its financial objectives, monitoring monthly against plans and implementing corrective actions as necessary.
- Monitor and review all Group budgets in accordance with Trust SFI and SFO to ensure progress against Group and Trust Business Plans.
- Implement changes highlighted in national and local audit reports.
- Provide financial advice to Group management teams to formulate the strategic direction for the Group and ensure resources are effectively utilized.
- Support and challenge individual budget holders in the analysis, maintenance and control of budgets, investigate variances and agree corrective action with the Group Management team and budget holders.
- Evaluate and recommend to the Group Management team on the financial consequences of changes in clinical/service practices and their impact on financial viability.
- Provide financial input into business cases, incorporating funding sources through the payment by results regime.
- Support the commissioning team with relevant financial information to inform the annual contracting process and monitoring of financial and activity performance.
- Be actively involved in the Group performance review process, producing monthly comprehensive financial reviews of the Group’s financial position and forecast.
- Ensure monthly financial reports and forecasts reflect all known information about a specific budget area at that point in time, reflecting relationships between income and expenditure changes.
- Manage the financial management team of the Group, taking responsibility for appraisal, absence recording and disciplinary issues.
- Contribute to the monthly production of finance reports for Trust Board, Group Review meetings and service management meetings, providing detailed variance analysis and robust forecasting information.
- Provide information on returns to the Department of Health, NCB, CCGs and other ad hoc returns.
- Provide financial input into the Trust’s financial planning.
Skills/Experience
- Recognised Professional Accountancy Qualification – fully qualified member of CCAB.
- Evidence of Continuous Professional Development to enhance core accounting knowledge.
- Knowledge of financial and accounting procedures and techniques.
- Expert knowledge of NHS policies/procedures such as Payment by Results, Coding, Patient Choice, Trusts.
- Exposure to working in a multifaceted environment, providing financial management information and advice to a range of financial and non-financial managers.
- Experience of the financial elements of business planning, preparing business cases and applying investment appraisal techniques.
- Experience of leading, managing and developing a team or individuals.
- Develop influential and effective working relationships with key stakeholders, both internal and external.
- Excellent written communication skills, summarizing complex financial issues into concise reports and business cases.
- Good verbal communication and presentation skills, explaining complex financial issues to non-financial staff and influencing decision making.
- Analyse highly complex financial information, provide advice on the allocation of financial resources.
- Organise workload to ensure departmental programme fits organisational timetables, meeting local, regional and national timescales.
- Lead and motivate teams or individuals to manage change and achieve organisational goals.
- Work autonomously, make decisions independently and delegate effectively.
- Use initiative, prioritise work, meet tight deadlines, apply problem solving skills.
- Strong analytical skills, make sound judgements on complex issues to minimise financial risk.
- Excellent organisational and time management skills.
- Knowledge of Oracle Financials.
- Excellent Microsoft Office skills.
If you are a Deputy Finance Business Partner, apply now or send your CV to Spinwell! We welcome all applications regardless of background, in line with our commitment to diversity, equality and inclusion.
Deputy Finance Business Partner - NHS employer: Spinwell Global
As a Deputy Finance Business Partner within the NHS in Shrewsbury/Telford, you will join a supportive and dynamic work culture that prioritises employee development and collaboration. The organisation offers competitive pay rates, opportunities for continuous professional development, and a commitment to diversity and inclusion, making it an excellent employer for those seeking meaningful and impactful work in the healthcare sector.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Finance Business Partner - NHS
✨Tip Number 1
Network like a pro! Reach out to your connections in the NHS or finance sectors. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by practising common questions related to financial management in the NHS. We recommend role-playing with a friend to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your expertise! Bring along examples of your previous work, like budget reports or financial analyses, to demonstrate your skills during interviews. It’s all about proving you can deliver results.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Deputy Finance Business Partner - NHS
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Deputy Finance Business Partner role. Highlight your relevant experience and skills that match the job description, especially your knowledge of NHS policies and financial management.
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 from your past experiences that demonstrate your ability to provide financial advice and manage budgets effectively.
Showcase Your Communication Skills:Since excellent written communication is key for this role, ensure your application is clear and concise. Summarise complex financial issues in a way that’s easy to understand, as if you were explaining it to someone without a finance background.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at Spinwell Global
✨Know Your Numbers
As a Deputy Finance Business Partner, you'll need to be on top of financial data. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you can provide proactive financial management information and advice.
✨Understand NHS Frameworks
Familiarise yourself with the NHS Operating Framework and any recent changes. Being able to interpret these changes and discuss their implications will demonstrate your expertise and readiness to implement necessary adjustments within the Group.
✨Prepare for Scenario Questions
Expect questions about budget setting and cost improvement plans. Think of specific examples where you've led similar processes or tackled challenges. This will help you illustrate your experience in managing budgets and achieving financial objectives.
✨Showcase Your Leadership Skills
You'll likely be asked about your experience in leading teams. Prepare to share examples of how you've motivated and developed team members, especially in a finance context. Highlighting your ability to manage change and achieve organisational goals will set you apart.