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- Tasks: Support financial management and provide insights to various divisions.
- Company: Join a leading NHS Trust dedicated to healthcare excellence.
- Benefits: Enjoy hybrid working, competitive pay, and professional development opportunities.
- Why this job: Be part of impactful projects and enhance your finance skills in a dynamic environment.
- Qualifications: 5+ years in financial management with advanced IT and analytical skills required.
- Other info: Temporary role with flexible hours, perfect for balancing studies and work.
The Deputy Finance Manager will provide high-quality financial information, support, and advice to clinical, non-clinical, and operational leads in any division. Your responsibilities will include assisting Finance Business Partners delivering financial statements, annual budgets, and the development of financial strategies.
You will produce and present high-quality monthly management information and work alongside the Finance Business Partner to lead a division's financial performance management process, including accurate monthly forecasting of the service division's outturn. You will assist with developmental and transformation projects within the service divisions and contribute to the strategic and business planning processes.
As an effective communicator, you will further develop excellent working relationships with clinicians and managers. You will enjoy playing a highly visible role within the finance department and the service divisions that you support.
Location: Suffolk (hybrid 3 days from the office)
Job Type: Temporary
Pay: £53 per hour PAYE inclusive of holiday pay (via direct engagement)
Hours: 5 hours per week / Monday to Friday
Requirements:
- Minimum 5 years’ experience in Financial Management
- Proven financial management skills
- Knowledge of financial processes
- Experience of budget management in a highly complex environment
- Advanced computer skills, especially in relation to modelling (spreadsheets), reporting and use of accounting systems
- Prepare and present financial information
- Evidence of assisting financial planning and delivery
- Excellent IT skills, including data production and analysis
- Contextualise business reporting through an understanding of both financial and non-financial KPIs
- Responsible for the collection, review and processing of monthly management accounting information and presentation of all key aspects of this data (including revenue and CIP performance) in the appropriate form for the relevant internal and external governance bodies
- To advise the Finance and Performance manager on the availability of resources to discharge the Trust’s financial management responsibilities
- In the process of financial performance management of the Trust, reporting actual performance against the plan and where performance differs significantly to influence operational managers/clinicians in taking corrective action
- To lead in the formulation of the financial aspect of the divisional business cases in accordance with the Trust’s strategic aims and objectives (as directed by the Finance and Performance Manager)
- To make the Finance and Performance Manager aware of the risks and benefits of business cases
- To advise & recommend options on financial and non-financial aspects of the business plans, including assessment of financial risk and advice regarding the allocation of financial resources
- To act in an entrepreneurial and innovative manner, ensuring that all financial opportunities and strategic threats (often including highly complex cross divisional issues) are identified, investigated and acted upon to deliver a balanced financial position for the division
- To ensure that the measurement and financial reporting of progress towards the Trust cost improvement programme is robust and auditable
- To support and input into the production and timely completion of the year end accounting cycle
- To ensure that appropriate analytical review analysis is completed to support the accounts
- To continually improve and develop the provision of quality information and financial expertise for the divisions
- To deputise for the Finance and Performance manager for the relevant Clinical Division
- To ensure that robust financial forecasting is undertaken in a professional manner which provides effective early warning of potential future problems which enable financial risks to be effectively managed
Deputy Finance Manager - Financial Management employer: Your World Recruitment Group
Contact Detail:
Your World Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Finance Manager - Financial Management
✨Tip Number 1
Network with professionals in the finance sector, especially those who work within NHS Trusts or similar organisations. Attend industry events or webinars to connect with potential colleagues and learn about their experiences.
✨Tip Number 2
Familiarise yourself with the specific financial management tools and software commonly used in the healthcare sector. Being able to demonstrate your proficiency in these systems during interviews can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience with budget management and financial forecasting in detail. Be ready to provide examples of how you've successfully navigated complex financial situations in previous roles.
✨Tip Number 4
Showcase your communication skills by preparing to explain complex financial concepts in simple terms. This will be crucial when working with non-financial colleagues, so practice articulating your thoughts clearly and confidently.
We think you need these skills to ace Deputy Finance Manager - Financial Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in financial management, budget management, and advanced computer skills. Use specific examples that demonstrate your ability to produce and present financial information.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for the Deputy Finance Manager role. Mention your experience with financial performance management and your ability to communicate effectively with both clinical and non-clinical teams.
Highlight Key Skills: Emphasise your proven financial management skills and knowledge of financial processes. Make sure to mention your experience in a complex environment and your ability to contextualise business reporting through KPIs.
Showcase Your Achievements: Include specific achievements in your application that demonstrate your entrepreneurial and innovative approach to financial management. This could include successful projects or improvements you've implemented in previous roles.
How to prepare for a job interview at Your World Recruitment Group
✨Showcase Your Financial Expertise
Be prepared to discuss your experience in financial management, particularly in complex environments. Highlight specific examples where you've successfully managed budgets or provided financial advice that led to positive outcomes.
✨Demonstrate Communication Skills
As an effective communicator, you should be ready to explain how you've built relationships with clinicians and managers in the past. Share instances where your communication skills helped resolve issues or improve financial performance.
✨Prepare for Technical Questions
Expect questions related to financial processes, forecasting, and reporting. Brush up on your knowledge of accounting systems and be ready to discuss how you've used advanced computer skills to produce and analyse financial data.
✨Understand the Role's Strategic Impact
Familiarise yourself with the strategic aims of the organisation and be prepared to discuss how your role as Deputy Finance Manager can contribute to achieving these goals. Think about how you can act innovatively to identify financial opportunities and mitigate risks.
