Job summary
Reporting to the Finance Manager the post holder will provide accurate financial information to the speciality leadership team and budget holders within their portfolio to enable them to effectively manage their budgets, maximise timely income recognition and to ensure the Trust meets its financial duties.
The post holder will also work closely with other finance colleagues to help the Trust deliver strategic and operational goals.
The post holder will be based at Trust HQ (City Campus). The successful candidate may be expected to travel when necessary between the City Campus and the QMC Campus and occasionally to other sites to attend meetings.
Main duties of the job
In undertaking this role, all employees will be expected to behave at all times in a way that is consistent with and actively supports the principles of Nottingham University Hospitals NHS Trust. These are:
The principles of the NHS, where high quality care is provided on the basis of need rather than the ability to pay.
The contribution of the local community to the development of our services.
Preserving and developing our reputation as a caring organisation.
Developing services that are designed around the patient.
Working co-operatively with others in the interests of patients and their families.
Valuing the contribution of staff and investing in their development.
Valuing the diversity of all our staff, patients and carers and demonstrating a zero tolerance of discrimination.
Responsible and wise stewardship of public money and effective use of resources.
To adopt a proactive and assertive approach when working with other customers and finance colleagues.
Interact in a positive manner to develop a productive and supportive relationship with speciality leadership team, budget holders, managers, patients, suppliers and colleagues.
The post will demand corporate awareness, the need for confidentiality, discretion and commercial awareness.
Provide induction and coaching to new starters.
About us
With over 19,000 staff, we are one of the biggest employers in the city with a central role in supporting the health and wellbeing of our local population. We play a leading role in research, education and innovation.
Come and join our wonderful team at NUH. We are big believers in diversity and welcome new ideas to help develop our team in order to deliver world class healthcare to the vast patient populations we serve. With endless personal development opportunities available, at NUH we will endeavour to turn your job into a career!
We particularly welcome applications from people who identify as Black, Asian and Minority Ethnic, or Disabled, as we are striving to be better represented at NUH.
Job description
Job responsibilities
The post holder will support the development of financial reporting which will include the analysis and interpretation of complex financial information. This will include ensuring that there is a continuous quality improvement programme for this financial information, that it takes account of the views and information needs of the service.
Organise and attend meetings with speciality leadership team and budget holders to review and monitor performance. The post holder will work with the managers to interpret complex financial information and variances from plan and offer guidance and advice on corrective action as necessary.
Facilitate the delivery of financial support and training to Care Group or Corporate Group staff to enable them to understand and effectively manage their budgets and monitor performance on an ongoing basis.
Develop and maintain an understanding of each service area within the Care Group or Corporate Group to identify the level of financial support required.
Review contracts, quotations and invoices, identify opportunities to reclaim VAT with the support of the internal Tax and Compliance Team.
Assist the Finance Manager with the development of financial efficiency and recovery plans, engaging with the services as part of the process.
Work in partnership with the services staff to provide and interpret complex financial information for projects, business cases, suppliers and capital planning.
Prepare and input budgets and journals, including appropriate recharges. To assist management with variance analysis, forecasting and reconciliation of control accounts.
Prepare accurate and timely monthly and annual management and financial accounts.
Provide input as required to the Trusts statutory financial reports.
Proactively respond to complex and sensitive financial queries with managers and with external organisations, including other NHS bodies, universities, local authorities and trade suppliers in an appropriate manner and in the best interests of the Trust. Provide advice on complex financial and corporate issues to non-financial managers; negotiate with NHS and non-NHS external organisations over cost and service issues.
Assist with the development of the General Ledger and supporting the resolution of operational problems/issues.
Maintain up to date knowledge of Finance & Procurement computerised systems (General Ledger, Purchase Ledger, Sales Ledger and Payroll).
Take lead responsibility for the production and distribution of accurate, timely and understandable budget reports to speciality leadership team and budget holders within agreed performance standards, including:
o Validating reports and identifying reasons for variances.
o Producing financial forecasts for review. Reconciling budgets, including the maintenance of the current and recurrent budget position.
Undertake budget virements and adjustments, in agreement with managers, to reflect the financial implications of service and departmental changes and to influence budget management decisions.
Assist with the annual budget setting process ensuring that it meets with the services and Trusts strategic direction.
Undertake any other tasks that are allocated as may reasonably be required.
Ensure the consistent application of the Trusts financial management policies and procedures and good accounting practice within the Care Group or Corporate Group ensuring compliance with the following:
o Statutory Financial Instructions.
o Scheme of Delegation.
o Scheme of budgetary control.
o Relevant accounting standards and practices, including the adoption of accruals and commitment-based accounting principles in the production of financial reports.
Authorised signatory up to level commensurate with Trust scheme of delegation.
Ability to work within policies and procedures with a high degree of autonomy and with minimal supervision.
Deliver finance training to non-finance managers.
To ensure the maintenance of comprehensive records and supporting information
To audit/review own work processes and to propose changes to procedures for review by management.
Respond to ad hoc internal and external audit queries.
Job description
Job responsibilities
The post holder will support the development of financial reporting which will include the analysis and interpretation of complex financial information. This will include ensuring that there is a continuous quality improvement programme for this financial information, that it takes account of the views and information needs of the service.
Organise and attend meetings with speciality leadership team and budget holders to review and monitor performance. The post holder will work with the managers to interpret complex financial information and variances from plan and offer guidance and advice on corrective action as necessary.
Facilitate the delivery of financial support and training to Care Group or Corporate Group staff to enable them to understand and effectively manage their budgets and monitor performance on an ongoing basis.
Develop and maintain an understanding of each service area within the Care Group or Corporate Group to identify the level of financial support required.
Review contracts, quotations and invoices, identify opportunities to reclaim VAT with the support of the internal Tax and Compliance Team.
Assist the Finance Manager with the development of financial efficiency and recovery plans, engaging with the services as part of the process.
Work in partnership with the services staff to provide and interpret complex financial information for projects, business cases, suppliers and capital planning.
Prepare and input budgets and journals, including appropriate recharges. To assist management with variance analysis, forecasting and reconciliation of control accounts.
Prepare accurate and timely monthly and annual management and financial accounts.
Provide input as required to the Trusts statutory financial reports.
Proactively respond to complex and sensitive financial queries with managers and with external organisations, including other NHS bodies, universities, local authorities and trade suppliers in an appropriate manner and in the best interests of the Trust. Provide advice on complex financial and corporate issues to non-financial managers; negotiate with NHS and non-NHS external organisations over cost and service issues.
Assist with the development of the General Ledger and supporting the resolution of operational problems/issues.
Maintain up to date knowledge of Finance & Procurement computerised systems (General Ledger, Purchase Ledger, Sales Ledger and Payroll).
Take lead responsibility for the production and distribution of accurate, timely and understandable budget reports to speciality leadership team and budget holders within agreed performance standards, including:
o Validating reports and identifying reasons for variances.
o Producing financial forecasts for review. Reconciling budgets, including the maintenance of the current and recurrent budget position.
Undertake budget virements and adjustments, in agreement with managers, to reflect the financial implications of service and departmental changes and to influence budget management decisions.
Assist with the annual budget setting process ensuring that it meets with the services and Trusts strategic direction.
Undertake any other tasks that are allocated as may reasonably be required.
Ensure the consistent application of the Trusts financial management policies and procedures and good accounting practice within the Care Group or Corporate Group ensuring compliance with the following:
o Statutory Financial Instructions.
o Scheme of Delegation.
o Scheme of budgetary control.
o Relevant accounting standards and practices, including the adoption of accruals and commitment-based accounting principles in the production of financial reports.
Authorised signatory up to level commensurate with Trust scheme of delegation.
Ability to work within policies and procedures with a high degree of autonomy and with minimal supervision.
Deliver finance training to non-finance managers.
To ensure the maintenance of comprehensive records and supporting information
To audit/review own work processes and to propose changes to procedures for review by management.
Respond to ad hoc internal and external audit queries.
Person Specification
Training & Qualifications
Essential
- AAT qualified or equivalent work experience.
- Commitment to relevant Continuous Professional Development.
- Ability to learn new concepts and processes and use this knowledge in a practical setting.
Desirable
- Training towards or willingness to train towards CCAB qualification.
Experience
Essential
- Working knowledge of MS Office and general computer literacy, including the ability to develop, create, interpret and maintain complex spreadsheets and accurately manipulate financial data within them (Excel intermediate level).
- A minimum 2 years directly relevant experience of working in a financial management or financial accounting environment of a large complex multi-disciplinary organisation.
- Knowledge of computerised finance systems such as purchase ledger, sales ledger and payroll systems.
- Experience of delivering period end reporting (including year-end) and working to tight deadlines.
- Understand and apply fundamental accounting concepts, such as accruals/commitment accounting, double entry etc.
Desirable
- Recent experience of working within an acute NHS Trust finance department.
- Experience of using an NHS computerised general ledger system and in particular Capita Integra General Ledger.
Communication and relationship skills
Essential
- Strong interpersonal skills, with ability to develop and sustain productive relationships with team members, colleagues and other managers.
- Possess excellent verbal & written communication skills and have the ability to convey complex financial issues to non finance managers.
Desirable
- Proven experience of influencing key stakeholders.
Analytical and Judgement skills
Essential
- Possess numerical and analytical skills, including the ability to assimilate & interpret complex data and make resultant judgements.
- Proven experience of analysing data and providing options to support decision making process.
Desirable
- The ability to undertake training sessions on finance matters to non specialists.
Planning and organisation skills
Essential
- Ability to work on own initiative/self-starter, but integrate within the team.
- Ability to plan, organise and achieve objectives/tasks set within specified time frames/deadlines and coordinate the activities of junior staff.
- Capacity to concentrate to complete tasks in a busy office environment.
- Provide induction and coaching to new starters
Commitment to Trust Values and Behaviours
Essential
- Must be able to demonstrate behaviours consistent with the Trust's "We are here for you" behavioural standards. Display a positive, enthusiastic and helpful approach to meeting the requirements of the post and dealing with requests and queries from internal and external sources.
Physical skills
Essential
- Ability to use a PC more or less continuously.
- Ability to concentrate for long periods (inputting, validating and analysing financial data).
Person Specification
Training & Qualifications
Essential
- AAT qualified or equivalent work experience.
- Commitment to relevant Continuous Professional Development.
- Ability to learn new concepts and processes and use this knowledge in a practical setting.
Desirable
- Training towards or willingness to train towards CCAB qualification.
Experience
Essential
- Working knowledge of MS Office and general computer literacy, including the ability to develop, create, interpret and maintain complex spreadsheets and accurately manipulate financial data within them (Excel intermediate level).
- A minimum 2 years directly relevant experience of working in a financial management or financial accounting environment of a large complex multi-disciplinary organisation.
- Knowledge of computerised finance systems such as purchase ledger, sales ledger and payroll systems.
- Experience of delivering period end reporting (including year-end) and working to tight deadlines.
- Understand and apply fundamental accounting concepts, such as accruals/commitment accounting, double entry etc.
Desirable
- Recent experience of working within an acute NHS Trust finance department.
- Experience of using an NHS computerised general ledger system and in particular Capita Integra General Ledger.
Communication and relationship skills
Essential
- Strong interpersonal skills, with ability to develop and sustain productive relationships with team members, colleagues and other managers.
- Possess excellent verbal & written communication skills and have the ability to convey complex financial issues to non finance managers.
Desirable
- Proven experience of influencing key stakeholders.
Analytical and Judgement skills
Essential
- Possess numerical and analytical skills, including the ability to assimilate & interpret complex data and make resultant judgements.
- Proven experience of analysing data and providing options to support decision making process.
Desirable
- The ability to undertake training sessions on finance matters to non specialists.
Planning and organisation skills
Essential
- Ability to work on own initiative/self-starter, but integrate within the team.
- Ability to plan, organise and achieve objectives/tasks set within specified time frames/deadlines and coordinate the activities of junior staff.
- Capacity to concentrate to complete tasks in a busy office environment.
- Provide induction and coaching to new starters
Commitment to Trust Values and Behaviours
Essential
- Must be able to demonstrate behaviours consistent with the Trust's "We are here for you" behavioural standards. Display a positive, enthusiastic and helpful approach to meeting the requirements of the post and dealing with requests and queries from internal and external sources.
Physical skills
Essential
- Ability to use a PC more or less continuously.
- Ability to concentrate for long periods (inputting, validating and analysing financial data).
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.