Job summary
Would you like to further your finance career working in partnership within our Clinical Support Services Division.
If you enjoy a challenge, have good communication skills and have experience working in a financial management position then this is for you.
Main duties of the job
Support the Finance Business Partners / Head of Finance in providing an effective monitoring and reporting service to the Trust in accordance with the agreed timetables, procedures and standards prescribe.
Responsible for the production of high quality, accurate financial management information including monthly financial positions.
Production of proposed directorate budgets as part of the annual budget setting exercise in conjunction with the wider finance team and division(s).
Be an integral part of the divisional team(s), working with senior managers and other budget holders and provide a key point of contact for budget holders to advise and influence on the interpretation of financial information and investigate complex financial enquiries.
A wide range of financial issues and pressures will be dealt with both internally and externally and it is imperative that the post holder understands the impact of business cases, cost improvement programme schemes and other service changes have on the division(s) and the overall Trust position.
Provide support to the Head of Finance & Finance Business Partners and providing cover for other members of the divisional finance teams as required.
Please see full job description and person specification for further details.
About us
Oxford University Hospitals NHS Foundation Trustis one of the largest NHS teaching trusts in the country. It provides a wide range of general and specialist clinical services and is a base for medical education, training and research.
The Trust comprises four hospitals - the John Radcliffe Hospital, Churchill Hospital and Nuffield Orthopaedic Centre in Headington and the Horton General Hospital in Banbury.
Our values, standards and behaviours define the quality of clinical care we offer and the professional relationships we make with our patients, colleagues and the wider community.We call this Delivering Compassionate Excellence and its focus is on our values of compassion, respect, learning, delivery, improvement and excellence. These values put patients at the heart of what we do and underpin the quality healthcare we would like for ourselves or a member of our family.
This role is not a shortage profession therefore we will not be able to sponsor any candidate that does not currently have the right to work in the U.K.
Job description
Job responsibilities
DUTIES AND RESPONSIBILITIES
- Produce annual budgets for directorates, calculating the annual budget from information provided by budget managers, the financial management and wider finance teams, and taking account of external factors.
- To ensure that all relevant financial data, including all necessary income and expenditure accruals and budget adjustments, has been uploaded in line with the monthly reporting timetable and that all inappropriate transactions are recoded in order to reflect the true financial position.
- Proactively review accruals for accuracy in conjunction with budget holders on a monthly basis and liaise with other organisations to ensure invoices are sent and received in a timely manner.
- Investigate material variances within the directorate(s) and analyse expenditure/income trends to inform the production of divisional year-end financial position forecasts.
- Produce detailed monthly budget statements, summaries and variance reports for the directorate(s). This will include a written commentary on the financial position to explain the underlying reasons for significant variances and incorporate recommendations for corrective action within the postholder's remit.
- Deputise for the Business Partners and be an integral part of the divisional team working with budget holders, including attendance at meetings when necessary.
- Provide high quality professional financial management advice to budget holders and other staff including informal and formal training.
- Provide advice to the division in accordance with the agreed timetable, procedures and standards within the Trust and in accordance with financial and legal requirements to relevant bodies external to the Trust.
- Maintain an on-going working relationship with budget managers in order to aid the production and presentation of information to inform decision making.
- Organise and attend regular budget meetings to advise on costing of service changes, budgetary queries, forecasting, savings plans and provide other general financial guidance.
- Provide financial input into the production of business cases including accurate costs and critical analysis to support service developments that consider all financial implications of a scheme, revenue and capital, the effect the scheme has upon activity and the impact on other services. This will entail liaison with service managers to ensure the cost of delivering the scheme and its activity targets are reflected within the Trusts strategic plan.
- Assist in the monitoring and evaluation of cost savings identified within the divisional action plans including input into Project Initiation Document.
- Responsible for prioritising own work and ensuring the achievement of work within prescribed timescales.
- To work cooperatively and collaboratively with Finance staff in other divisions and in the central Finance Department.
Job description
Job responsibilities
DUTIES AND RESPONSIBILITIES
- Produce annual budgets for directorates, calculating the annual budget from information provided by budget managers, the financial management and wider finance teams, and taking account of external factors.
- To ensure that all relevant financial data, including all necessary income and expenditure accruals and budget adjustments, has been uploaded in line with the monthly reporting timetable and that all inappropriate transactions are recoded in order to reflect the true financial position.
- Proactively review accruals for accuracy in conjunction with budget holders on a monthly basis and liaise with other organisations to ensure invoices are sent and received in a timely manner.
- Investigate material variances within the directorate(s) and analyse expenditure/income trends to inform the production of divisional year-end financial position forecasts.
- Produce detailed monthly budget statements, summaries and variance reports for the directorate(s). This will include a written commentary on the financial position to explain the underlying reasons for significant variances and incorporate recommendations for corrective action within the postholder's remit.
- Deputise for the Business Partners and be an integral part of the divisional team working with budget holders, including attendance at meetings when necessary.
- Provide high quality professional financial management advice to budget holders and other staff including informal and formal training.
- Provide advice to the division in accordance with the agreed timetable, procedures and standards within the Trust and in accordance with financial and legal requirements to relevant bodies external to the Trust.
- Maintain an on-going working relationship with budget managers in order to aid the production and presentation of information to inform decision making.
- Organise and attend regular budget meetings to advise on costing of service changes, budgetary queries, forecasting, savings plans and provide other general financial guidance.
- Provide financial input into the production of business cases including accurate costs and critical analysis to support service developments that consider all financial implications of a scheme, revenue and capital, the effect the scheme has upon activity and the impact on other services. This will entail liaison with service managers to ensure the cost of delivering the scheme and its activity targets are reflected within the Trusts strategic plan.
- Assist in the monitoring and evaluation of cost savings identified within the divisional action plans including input into Project Initiation Document.
- Responsible for prioritising own work and ensuring the achievement of work within prescribed timescales.
- To work cooperatively and collaboratively with Finance staff in other divisions and in the central Finance Department.
Person Specification
All
Essential
- Good IT skills, a working knowledge of spread sheets etc.
- Experience of a range of accounting duties at this or similar organisations unless compensated for by a degree incorporating finance modules or by AAT/CCAB qualification
- Experience of setting income & expenditure budgets.
- Experience of carrying out in-depth analyses of variances and reporting on these.
- Experience of advising finance & non-finance managers on financial & budgetary matters
- Excellent written communication skills.
- Studying a professional accountancy qualification. CIMA, ACCA, AAT with evidence of passes at the minimum of the foundation level.
- Ability to work autonomously and to prioritise tasks to meet deadlines.
- Able to deliver to tight deadlines with high quality outcomes.
Desirable
- oKnowledge of PowerBI reporting
- oKnowledge of Oracle Fusion
- Comprehensive knowledge of the NHS generally.
Person Specification
All
Essential
- Good IT skills, a working knowledge of spread sheets etc.
- Experience of a range of accounting duties at this or similar organisations unless compensated for by a degree incorporating finance modules or by AAT/CCAB qualification
- Experience of setting income & expenditure budgets.
- Experience of carrying out in-depth analyses of variances and reporting on these.
- Experience of advising finance & non-finance managers on financial & budgetary matters
- Excellent written communication skills.
- Studying a professional accountancy qualification. CIMA, ACCA, AAT with evidence of passes at the minimum of the foundation level.
- Ability to work autonomously and to prioritise tasks to meet deadlines.
- Able to deliver to tight deadlines with high quality outcomes.
Desirable
- oKnowledge of PowerBI reporting
- oKnowledge of Oracle Fusion
- Comprehensive knowledge of the NHS generally.
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).
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).
