Head of programme finance - Oriel

Job description

Job responsibilities

General financial management programme finances for joint venture, UCL and Moorfields

Financial reporting, forecasting, budgeting to be accountable for delivering timely and accurate financial information in relation to incurred cost, forecast cost and budgets to the project committees and senior managers.

Financial management, administration, and controls responsible for ensuring appropriate financial decision making and administration of those decisions, managed through an appropriate control environment.

Responsible for advising on the financial elements of the change control process a) understand governance and ensure financial approval are as required b) ensure calculations of apportionments are applied correctly (with cost consultant support where appropriate)

Oversight of billing between Moorfields and UCL, and joint venture to Moorfields/UCL

Monitoring of contingency utilising advice from the projects cost consultants and other professional advisors as well as wider budget monitoring and change control processes, responsible for reporting on contingency levels and their forecast use. Responsible for working with professional advisors to ensure that risk is appropriately reflected in the assessment of required contingency.

Understanding and advising on the procedure for allocating budget and costs between the joint venture, Moorfields and UCL, and ensuring this is appropriately reflected in financial reporting.

Provision of financial reports to the project committees including Oriel Executive Board, Moorfields management executive and UCL Oriel Project Board, and oversight of financial information provided in other reports to these committees. Attendance at the Oriel Executive Board.

This role will have delegated authority to approve Moorfields expenditure relating to the project

Joint Venture specific financial management

Cash flows / Treasury management responsible for managing the cash flows between Moorfields/UCL and the joint venture to ensure the joint venture is appropriately funded for required payments out

Technical accounting:o ensure external accountants in place and providing accounts on time for Moorfields year end and then rolled forward information for UCL year endo understand how the accounting works between Moorfields and UCL to be able to identify issues to either one (supported by accounting advisors)

Ensure financial systems and controls are functioning appropriately, and segregation of duties is effective.

Tax ensure advice for both Moorfields and UCL tax advice is being complied with in the financial management of the JDV (with support from client tax advisors)

Provision of financial reports to the Joint Venture Board, and oversight of financial information provided in other reports. Attendance at the Joint Venture Board.

This role is a signatory to the joint venture bank account

Monitoring of business case and approvals from higher bodies

For Moorfields: Responsible for working with NHS regulators on finances monthly reporting, and obtaining budget approvals as required Responsible for producing CDEL analysis of forecast (with support from accounting advisors were appropriate given technical aspects of the joint ventures implications on CDEL) Responsible for reviewing Trusts plans against the FBC model to identify variances and to escalate (in conjunction with Moorfields finance team) Responsible for monitoring finances of the benefits realisation programme

For UCL: Responsible for supporting variance analysis against approved business case where required Responsible for delivering any additional ad hoc financial reporting for UCL Estates committee, Council or other key governance groups.

Key relationships

Moorfields Chief Financial Officer and UCL Oriel Finance lead key reporting line

Moorfields and UCL Senior Responsible Officer dotted reporting line, key decision makers

Moorfields and UCL project directors day to day working relationship as the key roles driving the cost of the project through design and construction; and

Oriel project team.

Person Specification

Education/qualifications

Essential

• Degree or equivalent
• The post holder must be a fully qualified member of a CCAB body or CIMA and must be actively undertaking Continuing Professional Development (CPD).

Experience

Essential

• Experience of producing and presenting financial results to Board members, Directors and other senior staff members
• At least 5 years post qualification experience
• Experience of using the NHS LTFM
• Experience of developing, delivering and monitoring business cases and capital projects
• Demonstrate the capability to maintain financial control whilst supporting a devolved style of management

Knowledge

Essential

• Advanced skills in MS Excel
• Knowledge of business case development (for example, five case model process)
• Knowledge of NHS regulatory environment and compliance processes.

Desirable

• Technical accounting and taxation knowledge in relation to NHS and University

Skills/abilities

Essential

• Ability to present highly complex financial information to non-finance colleagues and to large groups
• Excellent interpersonal skills and ability to work closely and effectively with different disciplines in the Programme and in partner organisations
• Proactive approach to problem solving, anticipating issues before they arise, and developing solutions.
• Highly developed technical analysis skills, with an ability to produce complex financial models
• Highly numerate and analytical.
• Excellent verbal reasoning
• Advanced report writing skills
• Ability to influence senior managers and cliniciansEssential

Personal qualities

Essential

• Evidence of negotiating and influencing ability.
• Commands credibility and respect from peers across multiple organisations
• Able to work under pressure and to plan and prioritise workload effectively.
• Professional attitude with reputation for integrity.
• Flexible and supportive work colleague
• Driven and can demonstrate initiative, innovation and imagination.
• Sound judgement: able quickly to identify and explain the essential issues.
• Independence: challenges received wisdom.
• Empathy: ability to understand and respond to managers' motivations to achieve successful behavioural change.

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.

UK Registration

Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).

Employer details

Employer name

Moorfields Eye Hospital NHS Foundation Trust

Address

Kemp House, Moorfields Eye Hospital NHS Foundation Trust

152 – 160 City Road

London

EC1V 2NX

Employer's website

https://www.moorfields.nhs.uk/work-for-us (Opens in a new tab)