Job summary
The post holder will be a leading finance professional and key member of the Senior Finance Team within the Trust. The post holder will also be a key member and active participant within the senior management teams of the Velindre Cancer Service. They will support the Head of Finance Business Partnering in the management and responsibility for the overall performance of the devolved divisional finance teams and ensure the delivery of an efficient and effective business partner finance service.
The post holder will provide leadership, strategic and professional managerial and operational responsibility for the delivery of a Trust wide business partner financial management and advice service. They will work closely with the Head of Finance Business Partnering, Deputy Director of Finance, Divisional Directors and other senior managers in providing innovative, pro-active financial advice and support to the organisation, whilst overseeing the development and delivery of robust divisional financial processes and controls.
Main duties of the job
The post holder will have the key responsibility in supporting the vision and leadership in the development and implementation of the VCS financial strategy, leading to the delivery of annual financial plans and their translation into agreed budgets across the two service delivery divisions inclusive of required CIP targets.
Working closely with the Head of Finance Business Partnering, Deputy Director of Finance and other colleagues the post holder will also play a significant role in all commissioning and contracting discussions with other NHS and external organisations.
The post holder will deputise for the Head of Finance Business Partnering across both internal and external meetings / duties as required.
The ability to speak Welsh is desirable for this post; Welsh and/or English speakers are equally welcome to apply.
About us
Here at Velindre University NHS Trust we are extremely proud of the specialist services we provide across the whole of Wales in our cutting-edge Velindre Cancer Centre and ouraward-winning Welsh Blood Service, as well as the expertise of our corporate functions that bring the two divisions together. We are also fortunate to host the NHS Wales Shared Services Partnership and Health Technology Wales and have developed strong partnership working with these expert services.
Formed in 1994, the Trust has a dedicated workforce that continuously strives to apply the key principles of value based healthcare through a wide array of roles. We play a vital role in the communities we support and have ambitious plans for the future to continue to improve the services we deliver. We strive to maintain our core values in everything we do by being; accountable, bold, caring and dynamic, and ensuring the best possible care for our patients and donors.
At Velindre University NHS Trust we aim to foster a culture of discovery, collaboration, and continuous improvement. We will achieve this by embedding research and innovation into everything we do, to deliver meaningful, measurable impact for our patients and communities.
If you want to work for an organisation that prides itself on making a real difference and offers exciting career opportunities then Velindre University NHS Trust is the place for you.
https://velindre.nhs.wales/
Job description
Job responsibilities
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click "Apply now" to view in Trac
Leadership and ManagementEnsure that the finance business partner function is proactive and influential in its contribution to the Trusts strategic and operational plan and to encourage and ensure a culture of continuous improvement, innovation and professional excellence is achieved.To undertake the role of a senior business partner, working alongside the divisional directors and senior budget holders to provide expert professional financial, management and business advice covering all aspects of service delivery.Provide leadership and direction across situations where highly complex ideas or concepts need to be conveyed and implemented across the organisation in easily understood language.To support the Head of Finance Business Partnering in providing direction, leadership and motivation of the divisional finance teams to ensure a high standard of professionalism, efficiency and effectiveness in the delivery of the financial business partnering services, ensuring that activity is fully aligned to the business of the Trust. This will include coaching and mentoring, resource planning, standard setting, performance management, team and individual development.Ensure that agreed annual objectives with all divisional finance staff are managed and trained appropriately to deliver against key objectives.Ensure that the Trusts aims and objectives are clearly understood and communicated to the staff within the team.Ensure robust systems of governance, financial control and risk management operates within the divisions.Provide impartial professional advice and meaningful financial analysis and interpretation, to support formulation of strategy, planning and decision making.Provide leadership and insight into the maximisation of Value Based Healthcare principles within the VCS and wider Trust.Financial Management and PlanningIn collaboration with the Head of Finance Business Partnering and divisional Finance Teams, formulate short, medium and longer term divisional financial strategic plans which involve uncertainty and may impact on the entire organisation ensuring they fit within the Trusts overall strategic plans and ensures financial viability.To regularly monitor and review plans and adjust for changes in local need and in response to changes in national policy guidance and to lead and sponsor financeprojects to develop new ways of working in line with the strategies and business plans.Ensure active involvement and influence on material business decisions to ensure that the immediate and longer term implications, opportunities and risks are fully considered and consistent with the overall financial strategy.To manage the operation of the Oracle Finance System to ensure it effectively processes and captures financial information to best support and meet the needs of the Divisional reporting requirements.Lead the promotion and delivery of good financial management, so that the divisions resources are safeguarded, used appropriately, economically, efficiently and effectively by overseeing budget execution, monitoring, forecasting and reporting on income and expenditure.To provide advice on and develop the financial aspects of business cases, service delivery options and general investment / disinvestment alternatives. This will include evaluating and critiquing strategic proposals and initiatives from within the organisation and those from the Welsh Government and partner organisations.To identify opportunities for optimising the resources available to the Trust for the purposes of improving patient care whilst maximising value.Financial Performance and ProcurementIn collaboration with the Head of Finance Business Partnering and divisional Finance Teams, development of detailed financial projections to manage and oversee the delivery of a financial outturn position which is in line with the approved annual financial plan within the service delivery divisions, ensuring that any cost improvement programmes and cash releasing efficiency schemes are delivered.To ensure the proper use, monitoring and management of operational budgets. This will include prioritisation, budget setting, supervision of delegated budgets and control and procurement of capital equipment, to ensure compliance with the organisations Standing Orders and Standing Financial Instructions and ensure effective corporate governance.Advising on financial performance management and measurement and using benchmarking, to enhance the organisations performance by learning from the successful practices of othersAppraising and advising on commercial opportunities and their financial targetsClosely monitor performance against financial targets to ensure no surprises and enabling response to action to be planned;Balance the need for proactive service development and strategic leadership against the reactive demand of operational responsibilities and stakeholders.To work closely with NWSSP in overseeing and ensuring the divisions are adequately supported in discharging appropriate governance in their procurement requirements and ensuring the adoption of best practice in procurement through the use of framework agreements and appropriate competitive practices.Ensure that managers have expert advice and support in contract negotiations and subsequent contract monitoring.Relationships and Partnership WorkingTo work closely with and support the Head of Finance Business Partnering and Deputy Director of Finance in developing strong and constructive working relationships with leading decision makers in partner organisations and key external stakeholders, such as other NHS organisations, Welsh Government, WHSSC, commercial private sector partner organisations, the third sector and local authorities.Work with external organisations as appropriate in collaborative schemes for delivery of joint strategy and service developments.Directly supporting the Head of Finance Business Partnering and Deputy Director of Finance in working closely with the Trusts Commissioning organisations, using excellent persuasive and negotiating skills to ensure appropriate and accurate commissioning and contracting arrangements are in place.To support the management of the commissioning and performance management processes of other relevant service level agreements with NHS and other public and private sector organisations.General Duties and ResponsibilitiesThe post holder will be required to regularly produce complex reports and presentations based on a range of information from a variety of sources. Writing and presenting reports to a wide range of groups possibly including the Trust Board and Local and National groups, as requiredResearch and ensure that innovation and good practice is disseminated between divisions so as to maximise efficiencies Trust wide, maximising spread and sustainability, avoiding duplication.The post holder will be expected to work independently guided by broad health and social care strategies and organisational policies and specific local and national guidelines, advising on how these should be interpreted and implementedThe post holder will need to assimilate and summarise complex documents, compare facts and analyse situational data from a range of sources, develop options and assess risks and opportunities to the organisation and facilitate consensus building and decision making.The post holder will participate in and facilitate meetings which require a high level of concentration on a wide range of topics, with a variety of audiences and mixtures of attendees.The role will require daily negotiation with senior NHS professionals, directors and managers in a financially constrained health economy issues that have a significant impact on the quality and quantity of the financial planning and performance service, challenging practice and established management processes.To contribute to a healthy, safe and secure working environment by adhering to health and safety regulations, Trust policies, procedures and guidance. Take necessary action in relation to risks in the workplace including supporting others to manage risks and reporting incidents as necessary.Office based with regular travel across the Trust.The post holder will be required to adapt to and undertake different or new duties in line with professional and service developments.This Job Description is intended as a general guidance to the duties and responsibilities of the post and is not, therefore, exhaustive. It will be subject to review in light of changing circumstances and in consultation with the post holder.
Job description
Job responsibilities
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click "Apply now" to view in Trac
Leadership and ManagementEnsure that the finance business partner function is proactive and influential in its contribution to the Trusts strategic and operational plan and to encourage and ensure a culture of continuous improvement, innovation and professional excellence is achieved.To undertake the role of a senior business partner, working alongside the divisional directors and senior budget holders to provide expert professional financial, management and business advice covering all aspects of service delivery.Provide leadership and direction across situations where highly complex ideas or concepts need to be conveyed and implemented across the organisation in easily understood language.To support the Head of Finance Business Partnering in providing direction, leadership and motivation of the divisional finance teams to ensure a high standard of professionalism, efficiency and effectiveness in the delivery of the financial business partnering services, ensuring that activity is fully aligned to the business of the Trust. This will include coaching and mentoring, resource planning, standard setting, performance management, team and individual development.Ensure that agreed annual objectives with all divisional finance staff are managed and trained appropriately to deliver against key objectives.Ensure that the Trusts aims and objectives are clearly understood and communicated to the staff within the team.Ensure robust systems of governance, financial control and risk management operates within the divisions.Provide impartial professional advice and meaningful financial analysis and interpretation, to support formulation of strategy, planning and decision making.Provide leadership and insight into the maximisation of Value Based Healthcare principles within the VCS and wider Trust.Financial Management and PlanningIn collaboration with the Head of Finance Business Partnering and divisional Finance Teams, formulate short, medium and longer term divisional financial strategic plans which involve uncertainty and may impact on the entire organisation ensuring they fit within the Trusts overall strategic plans and ensures financial viability.To regularly monitor and review plans and adjust for changes in local need and in response to changes in national policy guidance and to lead and sponsor financeprojects to develop new ways of working in line with the strategies and business plans.Ensure active involvement and influence on material business decisions to ensure that the immediate and longer term implications, opportunities and risks are fully considered and consistent with the overall financial strategy.To manage the operation of the Oracle Finance System to ensure it effectively processes and captures financial information to best support and meet the needs of the Divisional reporting requirements.Lead the promotion and delivery of good financial management, so that the divisions resources are safeguarded, used appropriately, economically, efficiently and effectively by overseeing budget execution, monitoring, forecasting and reporting on income and expenditure.To provide advice on and develop the financial aspects of business cases, service delivery options and general investment / disinvestment alternatives. This will include evaluating and critiquing strategic proposals and initiatives from within the organisation and those from the Welsh Government and partner organisations.To identify opportunities for optimising the resources available to the Trust for the purposes of improving patient care whilst maximising value.Financial Performance and ProcurementIn collaboration with the Head of Finance Business Partnering and divisional Finance Teams, development of detailed financial projections to manage and oversee the delivery of a financial outturn position which is in line with the approved annual financial plan within the service delivery divisions, ensuring that any cost improvement programmes and cash releasing efficiency schemes are delivered.To ensure the proper use, monitoring and management of operational budgets. This will include prioritisation, budget setting, supervision of delegated budgets and control and procurement of capital equipment, to ensure compliance with the organisations Standing Orders and Standing Financial Instructions and ensure effective corporate governance.Advising on financial performance management and measurement and using benchmarking, to enhance the organisations performance by learning from the successful practices of othersAppraising and advising on commercial opportunities and their financial targetsClosely monitor performance against financial targets to ensure no surprises and enabling response to action to be planned;Balance the need for proactive service development and strategic leadership against the reactive demand of operational responsibilities and stakeholders.To work closely with NWSSP in overseeing and ensuring the divisions are adequately supported in discharging appropriate governance in their procurement requirements and ensuring the adoption of best practice in procurement through the use of framework agreements and appropriate competitive practices.Ensure that managers have expert advice and support in contract negotiations and subsequent contract monitoring.Relationships and Partnership WorkingTo work closely with and support the Head of Finance Business Partnering and Deputy Director of Finance in developing strong and constructive working relationships with leading decision makers in partner organisations and key external stakeholders, such as other NHS organisations, Welsh Government, WHSSC, commercial private sector partner organisations, the third sector and local authorities.Work with external organisations as appropriate in collaborative schemes for delivery of joint strategy and service developments.Directly supporting the Head of Finance Business Partnering and Deputy Director of Finance in working closely with the Trusts Commissioning organisations, using excellent persuasive and negotiating skills to ensure appropriate and accurate commissioning and contracting arrangements are in place.To support the management of the commissioning and performance management processes of other relevant service level agreements with NHS and other public and private sector organisations.General Duties and ResponsibilitiesThe post holder will be required to regularly produce complex reports and presentations based on a range of information from a variety of sources. Writing and presenting reports to a wide range of groups possibly including the Trust Board and Local and National groups, as requiredResearch and ensure that innovation and good practice is disseminated between divisions so as to maximise efficiencies Trust wide, maximising spread and sustainability, avoiding duplication.The post holder will be expected to work independently guided by broad health and social care strategies and organisational policies and specific local and national guidelines, advising on how these should be interpreted and implementedThe post holder will need to assimilate and summarise complex documents, compare facts and analyse situational data from a range of sources, develop options and assess risks and opportunities to the organisation and facilitate consensus building and decision making.The post holder will participate in and facilitate meetings which require a high level of concentration on a wide range of topics, with a variety of audiences and mixtures of attendees.The role will require daily negotiation with senior NHS professionals, directors and managers in a financially constrained health economy issues that have a significant impact on the quality and quantity of the financial planning and performance service, challenging practice and established management processes.To contribute to a healthy, safe and secure working environment by adhering to health and safety regulations, Trust policies, procedures and guidance. Take necessary action in relation to risks in the workplace including supporting others to manage risks and reporting incidents as necessary.Office based with regular travel across the Trust.The post holder will be required to adapt to and undertake different or new duties in line with professional and service developments.This Job Description is intended as a general guidance to the duties and responsibilities of the post and is not, therefore, exhaustive. It will be subject to review in light of changing circumstances and in consultation with the post holder.
Person Specification
Qualifications and/or Knowledge
Essential
- Fully Qualified Accountant CCAB (Consultative Committee of Accountancy Bodies)
- Up to date on Latest Accounting Standards and recommendations
- Leadership and management training / qualification and / or equivalent work experience.
- Evidence of Continuing Professional Development within an NHS environment
- Good understanding of NHS Wales accounting and reporting regime
- Extensive knowledge of accounting procedures and good practice
- Advanced and detailed knowledge of strategic and capacity planning.
Desirable
- Project management experience and / or qualification
- Detailed knowledge of HMRC VAT and Tax rules.
Experience
Essential
- Significant post qualification experience in a Finance Business Partnering role
- Experience of dealing with multiple stakeholders with conflicting priorities
- Recruitment, management, supervision, setting workload, appraising and development of staff.
- Experienced in developing and presenting formal, complex business cases to non-finance managers and directors
Desirable
- In depth understanding of NHS Trust's financial controls
- Senior level NHS Financial Management experience
SKILLS & ATTRIBUTES
Essential
- Ability to influence senior colleagues and budget holders to achieve positive outcomes
- Ability to provide leadership and direction
- Ability to think and act strategically
- Able to plan, prioritise and organise workload for self and departments, in complex and sensitive environments.
- Ability to analyse areas of work to identify areas which would benefit from continuous improvement.
- Excellent written and verbal communication skills. Ability to challenge in a constructive way as necessary, all financial procedures and processes.
- A proven record of achievement in financial management, including the ability to provide advice to, and work with professionals on a team basis
- Present confidently to large and small audiences and able to present and explain highly complex financial information in a manner that can be understood by non finance managers.
- Strong analytical skills with the ability to solve highly complex financial problems relating to business case products and analyses.
Desirable
- Leading large groups
- Experience of working in a Commissioning environment
Person Specification
Qualifications and/or Knowledge
Essential
- Fully Qualified Accountant CCAB (Consultative Committee of Accountancy Bodies)
- Up to date on Latest Accounting Standards and recommendations
- Leadership and management training / qualification and / or equivalent work experience.
- Evidence of Continuing Professional Development within an NHS environment
- Good understanding of NHS Wales accounting and reporting regime
- Extensive knowledge of accounting procedures and good practice
- Advanced and detailed knowledge of strategic and capacity planning.
Desirable
- Project management experience and / or qualification
- Detailed knowledge of HMRC VAT and Tax rules.
Experience
Essential
- Significant post qualification experience in a Finance Business Partnering role
- Experience of dealing with multiple stakeholders with conflicting priorities
- Recruitment, management, supervision, setting workload, appraising and development of staff.
- Experienced in developing and presenting formal, complex business cases to non-finance managers and directors
Desirable
- In depth understanding of NHS Trust's financial controls
- Senior level NHS Financial Management experience
SKILLS & ATTRIBUTES
Essential
- Ability to influence senior colleagues and budget holders to achieve positive outcomes
- Ability to provide leadership and direction
- Ability to think and act strategically
- Able to plan, prioritise and organise workload for self and departments, in complex and sensitive environments.
- Ability to analyse areas of work to identify areas which would benefit from continuous improvement.
- Excellent written and verbal communication skills. Ability to challenge in a constructive way as necessary, all financial procedures and processes.
- A proven record of achievement in financial management, including the ability to provide advice to, and work with professionals on a team basis
- Present confidently to large and small audiences and able to present and explain highly complex financial information in a manner that can be understood by non finance managers.
- Strong analytical skills with the ability to solve highly complex financial problems relating to business case products and analyses.
Desirable
- Leading large groups
- Experience of working in a Commissioning environment
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.
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
Additional information
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.
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
