At a Glance
- Tasks: Provide financial advice and manage budgets in a dynamic healthcare environment.
- Company: Join a leading healthcare organisation focused on financial excellence.
- Benefits: Competitive pay, potential hybrid work, and professional development opportunities.
- Other info: Opportunity for career growth in a supportive team environment.
- Why this job: Make a real impact in healthcare finance while developing your skills.
- Qualifications: Fully qualified CCAB member with strong financial management experience.
The predicted salary is between 60000 - 70000 € per year.
Location: Shrewsbury (with potential hybrid)
Job Type: Temporary
Duration of booking: Expected to last 3 months with possible extension
Proposed start date: ASAP
Pay Rates: Up to £34 per hour Umbrella or £29 per hour PAYE inclusive of holiday pay
Hours / Working Days: 37.5 hours per week / Monday to Friday, 9am – 5pm
Sector: Healthcare
Based: Office / Hospital
Job Purpose
As a senior member of the Finance department, the Deputy Finance Business Partner provides financial advice and information on income and expenditure to Group Management, Service Delivery Managers, and Corporate Managers. The post-holder is responsible for maintaining accurate recurring and non-recurring budgets, producing timely monthly financial management information, and coordinating all financial reporting within the Group.
Key Responsibilities
- Financial Management & Advice
- Provide proactive financial management information and advice to ensure the delivery of all Group financial objectives.
- Interpret and implement changes to the NHS Operating Framework.
- Lead the budget-setting methodology, process, and output within the Trust-wide framework.
- Support and challenge budget holders in the analysis, maintenance, and control of budgets.
- Investigate budgetary variances and agree on corrective actions with management teams.
- Ensure the Group identifies and achieves Cost Improvement Plans (CIPs), monitoring progress and implementing corrective actions.
- Strategic Support & Planning
- Evaluate and make recommendations on the financial consequences of changes in clinical or service practices.
- Provide financial input into business cases, including funding sources through the Payment by Results regime.
- Participate in the Group performance review process and produce comprehensive monthly financial reviews and forecasts.
- Provide financial input into the Trust’s overall financial planning.
- Contribute to the strategy of the Finance function alongside the Senior Finance Business Partner and Directors.
- Systems & Training
- Maintain expertise in Oracle Financials and Service Line Reporting.
- Lead the implementation of training and development programmes for budget holders and non-finance managers.
- Ensure departmental work programmes fit into organisational information timetables, such as Board reports and annual accounts.
- Leadership
- Manage the Financial Management team, taking responsibility for appraisals, absence recording, and disciplinary issues.
- Lead and motivate teams or individuals to manage change and achieve organisational goals.
Person Specification: Essential Criteria
- Qualifications & Training
- Fully Qualified member of CCAB (as per HFMA national finance profiles definition).
- Evidence of Continuous Professional Development to enhance core accounting knowledge.
- Experience & Knowledge
- Expert knowledge of specific NHS policies and procedures, such as Payment by Results, Coding, and Patient Choice.
- Experience providing financial management information and advice to a range of financial and non-financial managers.
- Experience in business planning, business case preparation, and investment appraisal techniques.
- Experience leading, managing, and developing individuals and teams.
- Skills & Abilities
- Communication: Ability to summarise highly complex financial issues into concise reports and explain them persuasively to non-financial staff.
- Analysis: Strong analytical skills to make sound judgements on complex issues where there is imperfect information or no obvious precedent.
- Relationship Building: Able to develop influential working relationships with key internal and external stakeholders.
- Organisation: Excellent time management skills with the ability to prioritise work to meet tight local and national deadlines.
- IT: Excellent Microsoft Office skills and knowledge of Oracle Financials.
Deputy Finance Business Partner employer: Your World Recruitment Ltd
As a Deputy Finance Business Partner in Shrewsbury, you will join a dynamic healthcare environment that prioritises employee development and well-being. Our supportive work culture fosters collaboration and innovation, offering opportunities for professional growth while making a meaningful impact on community health services. With competitive pay rates and the potential for hybrid working, we ensure our employees enjoy a balanced work-life experience.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Finance Business Partner
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience in healthcare. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on NHS policies and financial management practices. We want you to be able to discuss how you can contribute to the Group's financial objectives confidently.
✨Tip Number 3
Don’t forget to showcase your leadership skills! Be ready to share examples of how you've motivated teams or managed change in previous roles. This is key for a Deputy Finance Business Partner.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Deputy Finance Business Partner
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 in financial management and any specific NHS knowledge you have. We want to see how your skills match what we're looking for!
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 experience with budget-setting and financial reporting, and don’t forget to show your enthusiasm for working with us at StudySmarter.
Showcase Your Skills:In your application, make sure to showcase your analytical skills and ability to communicate complex financial information clearly. We love candidates who can break down tricky concepts for non-financial staff, so give us some examples!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Your World Recruitment Ltd
✨Know Your Numbers
As a Deputy Finance Business Partner, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to the healthcare sector, especially those related to NHS policies like Payment by Results. Be ready to discuss how you've used these metrics in past roles.
✨Showcase Your Leadership Skills
This role involves managing a team, so be prepared to share examples of how you've led and motivated others. Think about specific situations where you’ve successfully managed change or resolved conflicts within a team. Highlight your approach to appraisals and development.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around budget variances and financial reporting. Prepare scenarios where you've had to analyse complex financial issues and make recommendations. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Build Relationships
Relationship building is key in this role. Think about how you've developed influential relationships with stakeholders in previous positions. Be ready to discuss your communication style and how you tailor your messages for both financial and non-financial audiences.
