Senior Assistant Financial Advisor

Lancashire Teaching Hospitals NHS Foundation Trust

This job is now closed

Job summary

We are looking for a motivated individual to develop their career and use their personal and professional skills to their full extent in this challenging and fast moving environment.

We are an award winning team who were the recipients of the HFMA NW Finance Team Of The Year Award June 2022, which is recognition of the excellent service and culture our team has, whilst supporting our operational and clinical colleagues deliver core clinical services.

The Division of DCS is extremely varied, containing 10 specialities which each have their own opportunities and challenges - the Divisional Financial Advice team works incredibly closely with our operational colleagues to drive efficiencies and value for money, and is looking for someone with a shared passion to drive this forward, and join our team.

Reporting into the Financial Advisor, a permanent vacancy has arisen for a Senior Assistant Financial Advisor to provide financial advice, technical support and assistance to the Division of DCS, aiding with the delivery of a financial management and reporting service. This will include liaising with a wide variety of budget holders (clinical and non-clinical), having a keen eye for detail in month-end reporting, and line management for an Assistant Financial Advisor. Working within reporting timescales, and answering queries in a timely manner is a key work ethic of the team.

Main duties of the job

We offer an agile working policy - currently 20% office / 80% remote working and flexible working hours to be as amenable as possible for the individual whilst supporting business needs.

You will be responsible for managing the overspending cost centre process for the Division of DCS - preparing the working file, analysing variances and generating action plans with budget holders to mitigate issues. You will also maintain and analyse the general ledger so that the production of budget statements are completed in an accurate and timely manner.

You will produce reports to assist with the monitoring and review of the monthly financial position, creating strong relationships with budget holders and providing support with all financial matters.

The Trust supports both personal and professional development whilst having a positive progressive organisational culture. This is further supported by the team being a Future Focused Finance (FFF) level 3 accredited organisation The department has strong talent management, career progression and succession planning as well as effective personal development reviews ensuring all staff are committed and able to thrive through their development.

About us

We have 10,000 fantastic people working hard to deliver quality services to our patients. Whatever your role, you help look after 370,000 people in our local area & give specialist care to 1.5 million people across Lancashire & Cumbria.

Working with us gives you the knowledge and sense of pride that every activity you do genuinely does make a difference to support our patients & staff, ensuring we keep thriving & delivering outstanding healthcare right across our local towns.

You'll have access to varied development opportunities, learn new skills, meet fab people & do things you'd never have done. You'll learn about working in a hospital, interacting with people from all different roles to build skills & enhance your career path.

You'll make an impact, be challenged to think differently, be bold & help innovate to keep improving things. Everything we do centres around patient care and enhancing their experience which means your role is pivotal and something really to be proud of.

Date posted

10 September 2024

Pay scheme

Agenda for change

Band

Band 5

Salary

£29,970 to £36,483 a year Per Annum, Pro Rata

Contract

Permanent

Working pattern

Full-time, Flexible working, Home or remote working

Reference number

438-PB2129

Job locations

Preston Business Centre

Watling Street Road

Preston

PR2 8DY

Job description

Job responsibilities

The duties and responsibilities listed below should be undertaken in accordance with the levels of competence as defined in the KSF outline for this post.

To actively develop internal relationships and work with key stakeholders across the Trust.
To be responsible for personal and professional development.
Effectively monitor and maintain the general ledger for the Division of DCS.
Support the monitoring of performance against budget during the year, identify and analyse variances and take appropriate action promptly and effectively
Support the production of achievable financial plans for services in conjunction with the Financial Advisor.
Support the identification of the financial impact of developments and proposed service changes, including the identification of the impact on other services and directorates, in conjunction with the Financial Advisor.
Provides appropriate support to others to improve their knowledge and understanding of finance and budgets.
Maintain a current knowledge of the appropriate legislation and Trust policies and procedures relating to equality, diversity, and inclusion.

Job description

Job responsibilities

The duties and responsibilities listed below should be undertaken in accordance with the levels of competence as defined in the KSF outline for this post.

To actively develop internal relationships and work with key stakeholders across the Trust.
To be responsible for personal and professional development.
Effectively monitor and maintain the general ledger for the Division of DCS.
Support the monitoring of performance against budget during the year, identify and analyse variances and take appropriate action promptly and effectively
Support the production of achievable financial plans for services in conjunction with the Financial Advisor.
Support the identification of the financial impact of developments and proposed service changes, including the identification of the impact on other services and directorates, in conjunction with the Financial Advisor.
Provides appropriate support to others to improve their knowledge and understanding of finance and budgets.
Maintain a current knowledge of the appropriate legislation and Trust policies and procedures relating to equality, diversity, and inclusion.

Person Specification

Qualifications & Education

Essential

CCAB Foundation Level / AAT Technician Level / HNC/equivalent degree providing exemptions or equivalent work based experience.

Desirable

Actively studying towards & committed to completion of CCAB qualification.

Knowledge & Experience

Essential

Detailed Understanding of Accounting Procedures
Evidence of a sound knowledge of NHS Finance
Proven track record in formulating budgets for a department or section

Desirable

An understanding of the NHS Income regime
Knowledge of Service Line Reporting involvement in efficiency schemes.

Person Specification

Qualifications & Education

Essential

CCAB Foundation Level / AAT Technician Level / HNC/equivalent degree providing exemptions or equivalent work based experience.

Desirable

Actively studying towards & committed to completion of CCAB qualification.

Knowledge & Experience

Essential

Detailed Understanding of Accounting Procedures
Evidence of a sound knowledge of NHS Finance
Proven track record in formulating budgets for a department or section

Desirable

An understanding of the NHS Income regime
Knowledge of Service Line Reporting involvement in efficiency schemes.

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.