Job summary
Torbay and South Devon NHS Foundation Trust (TSDFT) is an integrated care organisation and we are looking to recruit a band 7 Senior Management Accountant post to work as part of a dynamic and friendly team located in Torquay.
Working across the Paignton and Brixham ISU which covers Long Term Conditions and Diagnostics , the work is challenging, diverse but rewarding as you will cover a variety of areas including acute clinical specialties, cancer services, diagnostic support functions and community services.
Reporting into the Finance Business Manager you will play a crucial role in growing and developing the finance support function working with operational managers to address some of the key strategic questions the Trust face and to recover their underlying financial performance.
The successful candidate must be CCAB qualified or have equivalent knowledge and experience. NHS management accounting experience is desirable.
Main duties of the job
The post holder will provide senior financial support to Planned Care & Surgery Care Group. The role will include oversight of all ledger responsibilities, production of monthly management accounts, forecasts, cost improvement and efficiency savings and financial analysis.
There will be full involvement in the planning and delivery of annual budgets, budget setting and long term planning for Surgery Division contributing to the Trust's short and medium term financial strategies, ensuring the operational and clinical teams are aware of the need to deliver financial balance.
This post will lead on the production of the monthly financial forecasts, identifying cost pressures and assisting with run rate reduction plans with operational colleagues.
The post holder will lead the production of the Divisional monthly financial reporting packs providing relevant support to the management accountants during production of the directorate reporting packs.
Strong communication skills are required with the ability to convey complex financial information to non-finance colleagues, providing advice and guidance on costing, funding, cost improvement and efficiency savings and business developments.
There is shared line management responsibility for 3.0 wte management accountants and 1.0 wte finance assistant. This will include one-to-one meetings, appraisals and performance processes.
About us
Torbay and South Devon NHS Foundation Trust is an integrated organisation providing acute health care services from Torbay Hospital, community health services and adult social care.
The Trust runs Torbay Hospital as well as five community hospitals, stretching from Dawlish to Brixham. We also provide health and social care to the local population.
We employ approximately 6,500 staff including frontline health and social care staff, such as nurses, occupational therapists, social workers, consultants, and physiotherapists who work in your home and from a range of different premises across Torbay and south Devon such as community hospitals and clinics.
Our purpose is to provide safe, high-quality care and social care at the right time and in the right place to support the people of Torbay and South Devon to live their lives to the full.
Job description
Job responsibilities
- Provide comprehensive and senior level finance support to Surgery Division.
- Reporting to the Finance Business Manager for Planned Care & Surgery Care Group to provide service line reporting, patient level costing, benchmarking, business cases, cost improvement and efficiency plans and monthly income & expenditure financial positions.
- Responsible for line management of the Surgery Division management accountants, providing support, advice and guidance. This includes undertaking all tasks relating to that of a line manager such as appraisals, sickness management, mandatory training reviews and other HR policies as required.
- Significant involvement in the annual planning process including re-costing of budgets and reviews of pay costing during the budget setting process. Working with operational colleagues on the short to medium term financial strategy. This includes production of the information to maintain the Unit 4 system.
- The post holder will need to ensure that the financial implications of service change and cost pressures are fully costed and will be required to play a key role in assisting Senior Budget Holders in prioritising these initiatives in line with key local and national targets.
- The post holder will be required to meet regularly and liaise with Operational Managers, Associate Directors of Nursing and Professional Practice (ADNPPs), Ward Managers, Practice Managers and other senior budget holders on a routine basis or as required to advise on complex financial issues, identify possible corrective action on budgets in deficit and run rate increases, and will work with Finance Business Managers to provide analysis of multiple years/months run rates, and examine methods of maintaining a balanced financial position
- The post holder will be required to undertake service efficiency reviews, and provide complex financial data using both financial and non-financial data and report on recommended actions, to the Business Support team. The post holder will deputise for their Finance Business Manager where necessary and assist in identifying inefficient, uneconomic and ineffective use of resources through the process of bench marking and cost analysis, thereby ensuring the most effective use of public sector funding.
- The post holder will be required to provide financial information to the Corporate Finance Team to support NHSI reporting analysis, strategic planning, agency analysis and forecasting.
- The post holder will work autonomously to achieve agreed objectives using their own professional knowledge and experience within the professional regulatory and organisation framework. This includes having a full awareness and operation of Trust and DHSC financial policies and procedures and accounting standards, following procedures when undertaking tasks and interpreting such standards and policies when necessary. The post holder will use their own professional knowledge and judgment to decide appropriate actions and responses, only referring to senior colleagues for any sensitive or ambiguous issues.
- The post holder will be required to be able to use the general ledger budget system (currently Unit4) and associated reporting tools, such as Prevero, Excelerator and any others designed to a high standard, thereby ensuring that best accounting practices are followed and maximum information is available to the Trust. Including the Trusts Unit4 Web reporting tool used by Budget Holders and other Finance system feeder files.
- The post holder will propose and implement changes to working practices and procedures, policy or service changes which have an impact on own and other areas organisation wi For example any Trust documentation that comes through finance for formal review.
- Undertake ad hoc tasks as necessary and provide cover within the section whilst enabling reporting deadlines to be met.
Job description
Job responsibilities
- Provide comprehensive and senior level finance support to Surgery Division.
- Reporting to the Finance Business Manager for Planned Care & Surgery Care Group to provide service line reporting, patient level costing, benchmarking, business cases, cost improvement and efficiency plans and monthly income & expenditure financial positions.
- Responsible for line management of the Surgery Division management accountants, providing support, advice and guidance. This includes undertaking all tasks relating to that of a line manager such as appraisals, sickness management, mandatory training reviews and other HR policies as required.
- Significant involvement in the annual planning process including re-costing of budgets and reviews of pay costing during the budget setting process. Working with operational colleagues on the short to medium term financial strategy. This includes production of the information to maintain the Unit 4 system.
- The post holder will need to ensure that the financial implications of service change and cost pressures are fully costed and will be required to play a key role in assisting Senior Budget Holders in prioritising these initiatives in line with key local and national targets.
- The post holder will be required to meet regularly and liaise with Operational Managers, Associate Directors of Nursing and Professional Practice (ADNPPs), Ward Managers, Practice Managers and other senior budget holders on a routine basis or as required to advise on complex financial issues, identify possible corrective action on budgets in deficit and run rate increases, and will work with Finance Business Managers to provide analysis of multiple years/months run rates, and examine methods of maintaining a balanced financial position
- The post holder will be required to undertake service efficiency reviews, and provide complex financial data using both financial and non-financial data and report on recommended actions, to the Business Support team. The post holder will deputise for their Finance Business Manager where necessary and assist in identifying inefficient, uneconomic and ineffective use of resources through the process of bench marking and cost analysis, thereby ensuring the most effective use of public sector funding.
- The post holder will be required to provide financial information to the Corporate Finance Team to support NHSI reporting analysis, strategic planning, agency analysis and forecasting.
- The post holder will work autonomously to achieve agreed objectives using their own professional knowledge and experience within the professional regulatory and organisation framework. This includes having a full awareness and operation of Trust and DHSC financial policies and procedures and accounting standards, following procedures when undertaking tasks and interpreting such standards and policies when necessary. The post holder will use their own professional knowledge and judgment to decide appropriate actions and responses, only referring to senior colleagues for any sensitive or ambiguous issues.
- The post holder will be required to be able to use the general ledger budget system (currently Unit4) and associated reporting tools, such as Prevero, Excelerator and any others designed to a high standard, thereby ensuring that best accounting practices are followed and maximum information is available to the Trust. Including the Trusts Unit4 Web reporting tool used by Budget Holders and other Finance system feeder files.
- The post holder will propose and implement changes to working practices and procedures, policy or service changes which have an impact on own and other areas organisation wi For example any Trust documentation that comes through finance for formal review.
- Undertake ad hoc tasks as necessary and provide cover within the section whilst enabling reporting deadlines to be met.
Person Specification
Qualifications
Essential
- Fully Qualified CCAB Accountant (equivalent to post graduate qualification)
- Senior Finance Experience
- Proven general and specialist finance experience
Desirable
- Educated to master's level or equivalent professional qualification of financial management /finance nature
- Evidence of continuous professional development and further specialist training (short and long courses)
Experience
Essential
- Specialist knowledge over a range of financial areas, understanding of the principles of accountancy via qualification and practical experience.
- Good organisation and management skills and an ability to work under pressure to achieve tight deadlines while maintaining a high quality of work.
- Experience of dealing with incoming information in a confidential and sensitive manner.
- Experience of working autonomously, applying specialist knowledge to the interpretation of Trust policy, DoH policy, national standards and targets as well as Accounting Standards and Codes of practice.
Desirable
- NHS management accounting experience
- Evidence of team management
Person Specification
Qualifications
Essential
- Fully Qualified CCAB Accountant (equivalent to post graduate qualification)
- Senior Finance Experience
- Proven general and specialist finance experience
Desirable
- Educated to master's level or equivalent professional qualification of financial management /finance nature
- Evidence of continuous professional development and further specialist training (short and long courses)
Experience
Essential
- Specialist knowledge over a range of financial areas, understanding of the principles of accountancy via qualification and practical experience.
- Good organisation and management skills and an ability to work under pressure to achieve tight deadlines while maintaining a high quality of work.
- Experience of dealing with incoming information in a confidential and sensitive manner.
- Experience of working autonomously, applying specialist knowledge to the interpretation of Trust policy, DoH policy, national standards and targets as well as Accounting Standards and Codes of practice.
Desirable
- NHS management accounting experience
- Evidence of team management
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).
