Deputy Finance Business Partner - NHS in Shrewsbury

Role: Deputy Finance Business Partner

Contract Length: 3 months

Location: Shrewsbury/Telford

IR35: Inside

Pay Rate to Intermediary: TBC

Spinwell is recruiting for a Deputy Finance Business Partner for an excellent opportunity within the public sector.

RESPONSIBILITIES OF THE DEPUTY FINANCE BUSINESS PARTNER

• Responsible for providing pro-active financial management information and advice to the Group to work towards the full delivery of all Group financial objectives.
• To interpret and implement changes to the NHS Operating Framework within the Group.
• Takes a lead role in agreeing budget setting methodology, process and output with the Group Management team within a Trust wide framework.
• Ensure that the Group identifies and achieves Cost Improvements Plans to achieve its financial objectives, ensuring monthly monitoring against plans and implementing corrective actions as necessary.
• Monitoring and reviewing 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.
• Actively providing financial advice to Group management teams, to formulate the strategic direction for the Group and to ensure that resources are effectively utilised to enable the Group to meet its objectives within available resources.
• Supports and challenges individual budget holders in the analysis, maintenance and control of budgets ensuring that new appointments/developments are within agreed establishment with recurrent finances identified.
• Is proactive in investigating budgetary variances and agreeing corrective action with the Group Management team and individual budget holders.
• Evaluates and makes recommendations to the Group Management team on financial consequences of changes in clinical/service practices and their impact on financial viability.
• Provides financial input into business cases including incorporating funding sources through the payment by results regime.
• Providing support to the commissioning team with the supply of relevant financial information to inform the annual contracting process and monitoring of financial and activity performance.
• To be actively involved in the Group performance review process, producing monthly comprehensive financial reviews of the Group’s financial position and forecast.
• Ensuring that monthly financial reports and forecasts completely reflect all known information about a specific budget area at that point in time, e.g. known accruals, stock takes, in year savings or changes in service delivery and recognising potential risks to the forecasts.
• Reporting will reflect the relationship between income and expenditure changes.
• To manage the financial management team of the Group taking responsibility for appraisal, absence recording and disciplinary issues.
• Provides quality input into the monthly process of producing finance reports for Trust Board, Group Review meetings and service management meetings, including detailed analysis of variances to budget for income and expenditure, and robust forecasting information based on detailed understanding of services.
• Provides information in respect of returns to the Department of Health, NCB, CCGs and for other ad hoc returns.
• Provide financial input into the Trust’s financial planning.

SKILLS/EXPERIENCE OF THE DEPUTY FINANCE BUSINESS PARTNER

• Recognised Professional Accountancy Qualification – i.e. Fully Qualified member of CCAB (as per HFMA national finance profiles definition).
• Evidence of Continuous Professional Development to enhance core accounting knowledge.
• Knowledge of financial and accounting procedures and techniques.
• Expert knowledge of specific NHS policies/procedures for example 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, the preparation of business cases and the practical application of investment appraisal techniques.
• Experience of leading, managing and developing a team/individual.
• Able to develop influential and effective working relationships with key stakeholders, both internal and external ensuring an excellent working relationship with Centre Managers, Business Managers and key managers with the Centres.
• Excellent written communication skills including the ability to summarise highly complex financial issues into concise financial reports and prepare complex, multi-faceted business cases.
• Good verbal communication and presentation skills including the ability to explain highly complex financial issues clearly and persuasively to non-financial staff and communicate sensitive or contentious information in order to influence decision making.
• Able to analyse highly complex financial information, including business cases which include a range of objectives. To provide advice on the allocation of financial resources.
• Organise workload to ensure departmental work programme fits into the organisations’ information timetables, i.e. information for Trust Board, NHSI/E and annual accounts, etc., working to local, regional and national timescales which are sometimes extremely short.
• Ability to effectively lead and motivate teams/individuals to manage change and achieve organisational goals.
• Flexibility to work autonomously with the skills to make decisions independently and delegate effectively.
• Proven ability to use own initiative, prioritise work to meet tight deadlines, delegate appropriately and apply problem solving skills effectively.
• Strong analytical skills including the ability to make sound judgements and decisions on highly complex issues to minimise financial risk in situations where there is a multiplicity of targets/objectives, imperfect information and no obvious precedent.
• 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.