At a Glance
- Tasks: Support financial decision-making and monitor performance in a dynamic healthcare environment.
- Company: Join a leading Trust committed to delivering exceptional healthcare services.
- Benefits: Enjoy competitive pay, potential remote work, and opportunities for professional development.
- Why this job: Make a real impact on healthcare finance while developing your skills in a supportive team.
- Qualifications: CCAB finalist or equivalent experience in financial management required.
- Other info: Flexibility in hours and occasional travel may be needed.
The predicted salary is between 45000 - 63000 £ per year.
Deputy Finance Business Partner
Start Date : ASAP Location : Basildon
Hours : 37.5 hours per week
Band : 7
Pay rate : £25.50 PAYE Inclusive of Holiday pay / £28 Umbrella Pay
Expected to last : 3 Months with a possible extension
Job Summary
The Deputy Finance Business Partner plays a crucial role in financial monitoring, performance management, and strategic planning for the Trust. This role supports financial decision-making, ensures compliance with NHS financial policies, and provides expert financial advice to senior managers and stakeholders.
Key Responsibilities
Financial Monitoring & Reporting
- Produce and analyse financial reports, forecasts, and variance analysis.
- Ensure accurate financial monitoring, including tracking Cost Improvement Programmes (CIPs).
- Provide financial insights for external reporting to healthcare regulators.
Financial Performance Management
- Develop and implement financial performance management systems.
- Challenge and hold senior managers accountable for financial outcomes.
- Support the Division with financial strategy, planning, and budget-setting.
Budgeting & Financial Planning
- Lead on budget-setting processes, ensuring alignment with Trust objectives.
- Identify cost pressures and efficiency savings.
- Support financial planning for capital developments and investments.
Strategic Financial Support
- Contribute to long‑term financial planning, business case development, and investment appraisals.
- Advise on cost control, procurement efficiency, and service pricing strategies.
- Assist in developing financial strategies that align with operational objectives.
Leadership & Stakeholder Engagement
- Deputise for the Finance Business Partner in meetings and key financial discussions.
- Provide expert financial advice to senior management and clinical divisions.
- Train and develop finance team members, ensuring high standards of financial governance.
Skills & Experience Required
Essential
- CCAB finalist or equivalent experience in financial management.
- Strong knowledge of NHS financial policies and public sector accounting.
- Advanced proficiency in financial reporting, budgeting, and forecasting.
- Excellent analytical, problem‑solving, and stakeholder engagement skills.
Desirable
- CCAB qualification.
- Experience managing finance staff and leading financial planning initiatives.
Additional Information
- The role requires working with financial systems such as Oracle, SAP, and Excel.
- Candidates should be highly organised, detail‑oriented, and comfortable working under pressure.
- Occasional travel and flexibility in working hours may be required.
Job reference number : YW-grI1
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Deputy Finance Business Partner employer: Your World Recruitment
Contact Detail:
Your World Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Finance Business Partner
✨Tip Number 1
Familiarise yourself with NHS financial policies and public sector accounting. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the finance sector, especially those who have experience in the NHS. Attend relevant events or join online forums to gain insights and potentially get referrals.
✨Tip Number 3
Brush up on your skills with financial systems like Oracle and SAP. Being proficient in these tools can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 4
Prepare for potential scenario-based questions during interviews. Think about how you would handle specific financial challenges within the NHS context, as this will showcase your problem-solving abilities.
We think you need these skills to ace Deputy Finance Business Partner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial management, particularly within the NHS or public sector. Emphasise your skills in budgeting, forecasting, and financial reporting to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key responsibilities of the Deputy Finance Business Partner role. Use examples from your past experience to demonstrate how you can contribute to financial performance management and strategic planning.
Highlight Relevant Skills: In your application, clearly outline your proficiency with financial systems like Oracle and SAP, as well as your analytical and problem-solving skills. Mention any experience you have in training finance team members or engaging with stakeholders.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a finance role.
How to prepare for a job interview at Your World Recruitment
✨Know Your Financial Policies
Familiarise yourself with NHS financial policies and public sector accounting. Being able to discuss these in detail will show your understanding of the environment you'll be working in.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical abilities by discussing past experiences where you've produced financial reports or conducted variance analysis. Use specific examples to illustrate your problem-solving skills.
✨Engage with Stakeholders
Highlight your experience in stakeholder engagement. Be ready to discuss how you've provided financial insights to senior management and how you’ve trained finance team members in the past.
✨Showcase Leadership Experience
As this role involves deputising for the Finance Business Partner, be prepared to talk about your leadership experience. Discuss how you've held teams accountable for financial outcomes and contributed to strategic planning.