Job summary
PLEASE NOTE THIS POST IS FOR LAASP GROUP ONLY
**Please speak with your manager to confirm they can support a secondment before submitting your application **
To support the Business Partner for Surgery in the provision of comprehensive business and financial management information providing advice to the Directorate and to the Trust as a whole, working both as part of a team and independently as required.
To produce timely, accurate and relevant information for the completion of monthly board reports and provide management with relevant information and advice to take corrective action on under/overspent budgets where necessary
Main duties of the job
- To assist in producing accurate and timely financial performance reports for a number of directorates.
- To work with the budget holders to forecast year-end budgetary positions and to identify corrective action including possible cost improvements and income generation opportunities.
- To provide on-going financial advice and support and answer queries arising from the financial reports and to produce ad hoc reports and analysis as required.
- To assist with the maintenance of the financial integrity of the annual budget throughout the year by the operation of establishment control, virement, forecasting and other policies adopted by the Trust.
- To deputise for the Business Partner on all issues of financial reporting, planning and control within the Divisions.
About us
As the largest single site specialist heart and chest hospital in the UK, we, at Liverpool Heart and Chest Hospital, have a clear vision 'to be the best cardiothoracic integrated healthcare organisation'.
We provide specialist services in cardiothoracic surgery, cardiology, respiratory medicine both in the hospital and out in the community.
We serve a catchment area of 2.8 million people, spanning Merseyside, Cheshire, North Wales and the Isle of Man, and increasingly we receive referrals from outside these areas for highly specialised services such as aortics.
Our reputation for strong performance is important in delivering the best care for our patients and high quality clinical services. This is underpinned by a culture of research and innovation, delivered in modern estate and our encouragement of flexible working in a variety of forms.
Please visit our website - https://www.lhch.nhs.uk/
Please follow this link for a tour of our site - https://bit.ly/36ylsoq
Job description
Job responsibilities
- To assist in producing accurate and timely financial performance reports for a number of directorates.
- To investigate any significant variances from budget and produce comprehensive financial analysis to be used by Budget Managers, Divisional Head of Operations, Clinical Directors and by the Director of Finance for inclusion in regular reporting.
- To work with the budget holders to forecast year-end budgetary positions and to identify corrective action including possible cost improvements and income generation opportunities.
- To provide on-going financial advice and support and answer queries arising from the financial reports and to produce ad hoc reports and analysis as required.
- Manage the stock systems to ensure Omnicell is producing accurate Monthly statistics to report devices.
- To meet regularly with budget holders to discuss financial and other performance issues, including inter-disciplinary/departmental meetings.
- To assist with the maintenance of the financial integrity of the annual budget throughout the year by the operation of establishment control, virement, forecasting and other policies adopted by the Trust.
- To assist in the development of a financial planning model for each directorate that reflects the impact in future years of the current budgets and business plans.
- To assist with the submission of annual budgetary proposals in conjunction with budget managers and in accordance with the format and timetable agreed by the Chief Finance Officer. To maintain an audit trail and accurate working papers relating to the annual budgetary proposal.
- To support the finance team in the production of service costs for contracting, benchmarking and other performance management information needed to support business planning.
- To assist with the development of costing systems, supporting the Costing team in delivering Reference Costs and Patient Level Costing within nationally and locally agreed requirements.
- To provide training and support on financial issues to non-finance staff within the Division.
- To deputise for the Business Partner on all issues of financial reporting, planning and control within the Divisions.
- To supervise junior members of the Management Accounts team as and when required.
- To ensure all journals, virement documentation, budget meetings papers are logged and saved in the relevant monthly accounting files to be reviewed by senior team and auditors.
Job description
Job responsibilities
- To assist in producing accurate and timely financial performance reports for a number of directorates.
- To investigate any significant variances from budget and produce comprehensive financial analysis to be used by Budget Managers, Divisional Head of Operations, Clinical Directors and by the Director of Finance for inclusion in regular reporting.
- To work with the budget holders to forecast year-end budgetary positions and to identify corrective action including possible cost improvements and income generation opportunities.
- To provide on-going financial advice and support and answer queries arising from the financial reports and to produce ad hoc reports and analysis as required.
- Manage the stock systems to ensure Omnicell is producing accurate Monthly statistics to report devices.
- To meet regularly with budget holders to discuss financial and other performance issues, including inter-disciplinary/departmental meetings.
- To assist with the maintenance of the financial integrity of the annual budget throughout the year by the operation of establishment control, virement, forecasting and other policies adopted by the Trust.
- To assist in the development of a financial planning model for each directorate that reflects the impact in future years of the current budgets and business plans.
- To assist with the submission of annual budgetary proposals in conjunction with budget managers and in accordance with the format and timetable agreed by the Chief Finance Officer. To maintain an audit trail and accurate working papers relating to the annual budgetary proposal.
- To support the finance team in the production of service costs for contracting, benchmarking and other performance management information needed to support business planning.
- To assist with the development of costing systems, supporting the Costing team in delivering Reference Costs and Patient Level Costing within nationally and locally agreed requirements.
- To provide training and support on financial issues to non-finance staff within the Division.
- To deputise for the Business Partner on all issues of financial reporting, planning and control within the Divisions.
- To supervise junior members of the Management Accounts team as and when required.
- To ensure all journals, virement documentation, budget meetings papers are logged and saved in the relevant monthly accounting files to be reviewed by senior team and auditors.
Person Specification
Qualifications & Education
Essential
- Studying towards a CCAB or equivalent professional qualification
- Degree or equivalent
- Educated to GCSE standard in English and Mathematics
Desirable
- Studying towards a CCAB or equivalent professional qualification - Finalist level
Knowledge & Experience
Essential
- Experience of working in a financial management environment
- Strong IT Skills with advanced working knowledge of Microsoft Excel
- Knowledge of NHS Finance policies and strategy
- Experience of analysing and interpreting detailed complex information for presentation and discussing to a range of users
- Experience delivering to tight deadlines
Desirable
- Experience of SBS and Oracle Ledger
- Experience of managing teams
- Experience in managing change
- Experience in implementing process improvement
Skills & Abilities
Essential
- Good planning, organisational and time management skills
- Ability to clearly and effectively communicate to managers and budget holders
- A high level of analytical, problem solving and reporting skills
- Comfortable with long periods of concentration required when inputting and checking data
- Highly motivated, proactive and innovative
- Good presentation skills
- Ability to identify opportunities for efficiency and improvement
- Commitment to personal, team and Trust Continuous Development
Desirable
- Networking skills
- Ability to work with ambiguity
- Ability to work with incomplete data
- Cross functional working
- Successfully working with colleagues and stakeholders at a variety of levels
- Ability to coach and develop team members
Values & Behaviours
Essential
- LHCH Values - Patient and Family Centred
- LHCH Values - Accountability
- LHCH Values - Continuous Improvement
- LHCH Values - Teamwork
- Finance Strengths - I'm a Finance Expert
- Finance Strengths - I make Change Happen
- Finance Strengths - I'm a Team Player
- Finance Strengths - I ensure Value for Patients and Taxpayers
Person Specification
Qualifications & Education
Essential
- Studying towards a CCAB or equivalent professional qualification
- Degree or equivalent
- Educated to GCSE standard in English and Mathematics
Desirable
- Studying towards a CCAB or equivalent professional qualification - Finalist level
Knowledge & Experience
Essential
- Experience of working in a financial management environment
- Strong IT Skills with advanced working knowledge of Microsoft Excel
- Knowledge of NHS Finance policies and strategy
- Experience of analysing and interpreting detailed complex information for presentation and discussing to a range of users
- Experience delivering to tight deadlines
Desirable
- Experience of SBS and Oracle Ledger
- Experience of managing teams
- Experience in managing change
- Experience in implementing process improvement
Skills & Abilities
Essential
- Good planning, organisational and time management skills
- Ability to clearly and effectively communicate to managers and budget holders
- A high level of analytical, problem solving and reporting skills
- Comfortable with long periods of concentration required when inputting and checking data
- Highly motivated, proactive and innovative
- Good presentation skills
- Ability to identify opportunities for efficiency and improvement
- Commitment to personal, team and Trust Continuous Development
Desirable
- Networking skills
- Ability to work with ambiguity
- Ability to work with incomplete data
- Cross functional working
- Successfully working with colleagues and stakeholders at a variety of levels
- Ability to coach and develop team members
Values & Behaviours
Essential
- LHCH Values - Patient and Family Centred
- LHCH Values - Accountability
- LHCH Values - Continuous Improvement
- LHCH Values - Teamwork
- Finance Strengths - I'm a Finance Expert
- Finance Strengths - I make Change Happen
- Finance Strengths - I'm a Team Player
- Finance Strengths - I ensure Value for Patients and Taxpayers
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.
