Finance Manager

Job description

Job responsibilities

The following are the core outline responsibilities of the Finance Manager and the list is not

exhaustive. There may be, on occasion, a requirement to carry out other tasks. This will be

dependent upon factors such as workload and staffing levels:

a. Manage practice finances, support the Practice in maximising income and reducing expenditure

b. Accurately monitor cash flow, forecast and predict workflow corresponding to income

c. Review all income and expenditure statements, identifying any inaccuracies and rectifying

such issues

d. Ensure invoices are approved appropriately and paid within the given time frame

e. Maintain an effective system for the handling of petty cash, payments and banking

f. Liaising with the practices accountants regarding VAT, year end accounts and queries

g. Manage and oversee the organisations pension scheme, retaining accurate records (supported by the practice external payroll provider). Submissions to NHS England regarding Exposure-Prone Procedures (EPPs)

h. Manage partners drawings (practice accountants advise levels and finance manager sets up payment)

I. Oversee PAYE for the practice which is supported by and administered by an external payroll provider

j. Approve the ordering of practice supplies (clinical and non-clinical) ensuring that robust

processes are in place

k. In conjunction with other members of the senior management team, manage and submit

timely claims for enhanced services and other contract and practice private income.

l. Present financial forecasts to senior management and partners as and when required

m. Ensure the presentation of monthly financial reports is of a high standard

n. Ensure that effective financial controls are in place and processes are adhered to

o. Understand and brief the management team on the financial implications of contract and

legislation changes affecting the organisation

p. Maintain an effective working relationship with the ICB, ensuring the organisation receives a

proportionate and equitable allocation of resources

Secondary responsibilities

In addition to the primary responsibilities, the Finance Manager may be requested to:

a. Act as the primary point of contact for finance-related matters with NHSE, the ICB and the

practices accountant

b. Attend and actively participate in practice management meetings

c. Attend any external meetings pertinent to the role of Finance Manager

Person Specification

Other criteria

Essential

• Skills and Knowledge :
• Good communication
• Experience of Microsoft Office software
• Experience of financial planning and forecasting

Experience

Essential

• Knowledge and experience of using Xero and/or Sage financial system
• Experience of managing accounts
• Experience of maintaining financial information system
• Experience of managing people and teams

Desirable

• Previous experience within a Primary Care/GP Practice
• Experience of primary care/running costs for NHS organisations

Qualifications

Essential

• AAT Accounting Qualification (preferably at level 4 or equivalent demonstrable experience)

Desirable

• Educated to degree level in healthcare or business

Disclosure and Barring Service Check

This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.

Employer details

Employer name

Brampton Medical Practice

Address

Brampton Medical Practice

4 Market Place

Brampton

Cumbria

CA8 1NL

Employer's website

https://bramptonmedicalpractice.com/ (Opens in a new tab)