Job summary
Analyst - Financial Sustainability and Improvement An exciting opportunity has arisen to join our newly created Financial Sustainability and Improvement team, which has been established to support the identification of efficiency opportunities and delivery of our efficiency and transformation programme within ELFT, and to provide tailored support to other NHS organisations as required.
The analyst will be a key member of the team, reporting to the team Head of Finance but working across our team of Programme Managers and Project Delivery and Support staff. The successful applicant will be a skilled and experienced analyst who can demonstrate the ability to bring professional-level analytical methods to complex finance, performance, and activity data from a range of sources.
Working across a wide range of projects and with staff from different disciplines, teams, and organisations, they will be able to work proactively and independently in a fast-paced environment, delivering work to a high standard and agreed deadlines.
Main duties of the job
Analyst - Financial Sustainability and Improvement
* Consistently apply professional-level analytical methods to complex finance, performance and activity data to assess the efficiency, productivity and value of services and to identify efficiency opportunities. This will include information gathering and analysis to support the delivery of both Trust and external programmes or project plans.
* Collaborate with clinical and operational leads to identify, quantify, plan and develop cost improvement initiatives and ensure these are accurately reported. To participate in workstream meetings and other forums to provide information, analysis and advice.
* Co-develop business intelligence (BI) systems to a professional standard to support the programme, including developing models, dashboards and informative, articulate and engaging reports. * Development of workforce and financial models to outline the impact of proposed changes, enabling savings to be quantified.
* Work with finance business partners, scheme leads, and other key stakeholders on the costing of schemes, and with the Head of Finance to ensure that all schemes are accurately reported and tracked. * To provide information on programme progress upon request, and to produce regular project status reports and exception reports.
About us
Our mission is to make a positive difference to people's lives by improving the quality of life for all we serve. Our values are: We Care, We Respect, We are Inclusive - so we are looking for people who live and breathe these qualities when supporting service users and carers, and in their relationships with colleagues in the Trust and our partner organisations.
Job description
Job responsibilities
Analyst - Financial Sustainability and Improvement
- Consistently apply professional-level analytical methods to complex finance, performance and activity data from a range of sources to assess the efficiency, productivity and value of clinical and operational services. This includes benchmarking data to identify opportunities.
- Collaborate with clinical and operational leads to identify, quantify, plan and develop cost improvement initiatives and ensure these are accurately reported.
- To participate in working groups, workstream meetings and other forums to provide information, analysis and advice to high-impact workstreams or directorates.
- Co-develop business intelligence (BI) systems to a professional standard to support the Analyst - Financial Sustainability and Improvement programme, including developing models, dashboards and reports.
- Interrogate benchmarking information to assess Trust performance vs peers and identify opportunities. This includes developing informative and articulate reports based on findings in a way that engages stakeholders around driving increased value.
- Ensure that information is gathered, stored and circulated to relevant departments/staff in line with the Trusts Information Management policies and procedures.
- Ensure that all written and electronically stored information is accessible only to authorised personnel and stored by the Data Protection Act.
- Development of workforce and financial models to outline the impact of proposed changes in the Analyst - Financial Sustainability and Improvement programme, enabling savings to be quantified.
Financial tracking of Analyst - Financial Sustainability and Improvement schemes
- Work with finance business partners and scheme leads on the costing of Analyst - Financial Sustainability and Improvement schemes.
- Work with the Analyst - Financial Sustainability and Improvement Head of Finance to ensure that all schemes are accurately reported and tracked within the programme.
- Identification of saving and efficiency opportunities, including information gathering and analysis to support the delivery of programme or project plans.
- To provide information on programme progress upon request, when required.
- To produce regular project status reports and exception reports, when required.
Communication
- Communicate effectively with internal and external stakeholders to ensure Analyst - Financial Sustainability and Improvement schemes and programmes are delivered.
- Manage stakeholder relationships, including managing appropriate information flows to assure stakeholders that projects are being delivered as required.
- Develop and maintain good working relationships with key internal and external stakeholders.
- Ensure that all communication and liaison with internal and external stakeholders is effective, responsive and sensitively managed, and adheres to legislation, policies and procedures.
Professional/Personal Development
- Participate in regular supervision, annual appraisals and set personal objectives with the Head of Finance.
- Take responsibility for own professional development, identifying individual training and educational needs
- Undertake research relevant to each Analyst - Financial Sustainability and Improvement scheme or high-impact workstream; evaluate information obtained and make judgments regarding its appropriateness.
- Undertake all relevant mandatory training.
Other
- Exercise appropriate autonomy and initiative in making decisions and judgements related to each Analyst - Financial Sustainability and Improvement scheme.
- Manage and prioritise workload appropriately.
- Maintain confidentiality - many projects will involve providing and receiving complex/sensitive information and data.
- Manage conflicting priorities, and find solutions to problems as they arise, obtaining advice and guidance from the Analyst - Financial Sustainability and Improvement programme team, including the Analyst - Financial Sustainability and Improvement Head of Finance and Transformation Director.
- Be aware of, and act by, Trust policies and guidelines.
- Flexible working across Analyst - Financial Sustainability and Improvement projects and functions. Members of the Analyst - Financial Sustainability and Improvement Programme team are required to work flexibly and responsively (appropriate to their banding) across the principal areas of the directorates work: finance, service implementation, business intelligence and analytics, quality improvement, business development, contracting and service implementation.
Job description
Job responsibilities
Analyst - Financial Sustainability and Improvement
- Consistently apply professional-level analytical methods to complex finance, performance and activity data from a range of sources to assess the efficiency, productivity and value of clinical and operational services. This includes benchmarking data to identify opportunities.
- Collaborate with clinical and operational leads to identify, quantify, plan and develop cost improvement initiatives and ensure these are accurately reported.
- To participate in working groups, workstream meetings and other forums to provide information, analysis and advice to high-impact workstreams or directorates.
- Co-develop business intelligence (BI) systems to a professional standard to support the Analyst - Financial Sustainability and Improvement programme, including developing models, dashboards and reports.
- Interrogate benchmarking information to assess Trust performance vs peers and identify opportunities. This includes developing informative and articulate reports based on findings in a way that engages stakeholders around driving increased value.
- Ensure that information is gathered, stored and circulated to relevant departments/staff in line with the Trusts Information Management policies and procedures.
- Ensure that all written and electronically stored information is accessible only to authorised personnel and stored by the Data Protection Act.
- Development of workforce and financial models to outline the impact of proposed changes in the Analyst - Financial Sustainability and Improvement programme, enabling savings to be quantified.
Financial tracking of Analyst - Financial Sustainability and Improvement schemes
- Work with finance business partners and scheme leads on the costing of Analyst - Financial Sustainability and Improvement schemes.
- Work with the Analyst - Financial Sustainability and Improvement Head of Finance to ensure that all schemes are accurately reported and tracked within the programme.
- Identification of saving and efficiency opportunities, including information gathering and analysis to support the delivery of programme or project plans.
- To provide information on programme progress upon request, when required.
- To produce regular project status reports and exception reports, when required.
Communication
- Communicate effectively with internal and external stakeholders to ensure Analyst - Financial Sustainability and Improvement schemes and programmes are delivered.
- Manage stakeholder relationships, including managing appropriate information flows to assure stakeholders that projects are being delivered as required.
- Develop and maintain good working relationships with key internal and external stakeholders.
- Ensure that all communication and liaison with internal and external stakeholders is effective, responsive and sensitively managed, and adheres to legislation, policies and procedures.
Professional/Personal Development
- Participate in regular supervision, annual appraisals and set personal objectives with the Head of Finance.
- Take responsibility for own professional development, identifying individual training and educational needs
- Undertake research relevant to each Analyst - Financial Sustainability and Improvement scheme or high-impact workstream; evaluate information obtained and make judgments regarding its appropriateness.
- Undertake all relevant mandatory training.
Other
- Exercise appropriate autonomy and initiative in making decisions and judgements related to each Analyst - Financial Sustainability and Improvement scheme.
- Manage and prioritise workload appropriately.
- Maintain confidentiality - many projects will involve providing and receiving complex/sensitive information and data.
- Manage conflicting priorities, and find solutions to problems as they arise, obtaining advice and guidance from the Analyst - Financial Sustainability and Improvement programme team, including the Analyst - Financial Sustainability and Improvement Head of Finance and Transformation Director.
- Be aware of, and act by, Trust policies and guidelines.
- Flexible working across Analyst - Financial Sustainability and Improvement projects and functions. Members of the Analyst - Financial Sustainability and Improvement Programme team are required to work flexibly and responsively (appropriate to their banding) across the principal areas of the directorates work: finance, service implementation, business intelligence and analytics, quality improvement, business development, contracting and service implementation.
Person Specification
Education & Qualifiactions
Essential
- Educated to degree level or equivalent in a relevant discipline
- Evidence of continued professional development
Desirable
- Microsoft certified in Excel, Power BI, Fabric or equivalent
Previous Experience
Essential
- Ability to turn complex data into insightful visualisations
- Expert level MS Excel Skills
- Experience of using NHS benchmarking to drive change
- Strong knowledge of NHS financial management
- Experience of benefits analysis
Desirable
- Experience of workforce and/or finance modelling
- Knowledge and experience of project management
- Ability to develop professional standard Power BI reports
Skills and Abilities
Essential
- Ability to analyse problems the NHS faces
- Excellent written and verbal communication skills
- Ability to work to multiple tight deadlines
- Problem recognition and problem solving skills
- Ability to work autonomously and prioritise own workload
Desirable
- Consultancy skills
- Ability to provide training and guidance to colleagues
Other requirements
Essential
Person Specification
Education & Qualifiactions
Essential
- Educated to degree level or equivalent in a relevant discipline
- Evidence of continued professional development
Desirable
- Microsoft certified in Excel, Power BI, Fabric or equivalent
Previous Experience
Essential
- Ability to turn complex data into insightful visualisations
- Expert level MS Excel Skills
- Experience of using NHS benchmarking to drive change
- Strong knowledge of NHS financial management
- Experience of benefits analysis
Desirable
- Experience of workforce and/or finance modelling
- Knowledge and experience of project management
- Ability to develop professional standard Power BI reports
Skills and Abilities
Essential
- Ability to analyse problems the NHS faces
- Excellent written and verbal communication skills
- Ability to work to multiple tight deadlines
- Problem recognition and problem solving skills
- Ability to work autonomously and prioritise own workload
Desirable
- Consultancy skills
- Ability to provide training and guidance to colleagues
Other requirements
Essential
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).
