Head of Financial Management

Job responsibilities

Staff Management:

• Providing day-to-day management of senior team staff, including recruitment, training and discipline.
• Appraising each member of their staff in line with the Knowledge and Skills Framework (KSF)
• Agreeing and developing annual personal development plans with staff and support them with any training or development requirements in order to fulfil their role.
• Planning the workload of the team over the financial year and ensure that the resources are in place to deliver the plan.
• Guiding and influencing the performance of the finance department.
• Co-ordinating the workload of Finance Business Partners, re-distributing and prioritising in line with changing demands and in conjunction with the Head of Finance as required.

Management Accounting:

• Consolidating the Trusts overall management accounts including presentation and explanation of the results to the Senior Finance Team.
• Investigating performance with Finance Business Partners to ensure that the quality of financial information is such that senior management can rely on its technical accuracy and completeness.
• Inputting into the production of detailed internal monthly reporting packs including Board and Finance & Performance Committee reports.
• Communicating financial performance and analysis with non-financial managers in support of the Trusts strategy.
• Co-ordinating the annual budgeting process and regular forecasting process for the Trust.
• Supporting the Head of Financial Strategy as required to ensure the production, development and maintenance of the Trust Long Term Financial Model (LTFM) together with supporting documentation and associated reporting for review by the Head of Finance, Deputy Director of Finance and Director of Finance and Performance.
• Provision of a comprehensive financial management service to support the development of and monitor the Trusts financial strategy. This will include developing, maintaining and adapting the inputs ensuring a clear audit trail, reviewing and reporting on national guidance highlighting potential impacts on strategy, guiding the wider finance team on the strategy to enable appropriate assessment of business cases, tenders and service developments and ensuring the Trusts annual planning cycle is consistent with the longer term financial strategy.
• Ensuring provision of appropriate financial support to Trust tendering activity.
• Undertaking specific financial management tasks or projects across the Trust as required;
• Producing any other ad-hoc reports (internal and external) as required.
• Lead the development of policies relating to financial management across the Trust (such as the budgetary control policy) and periodic reviews of and updates to such policies.
• Design, develop and maintain systems for financial management across the Trust including (but not limited to) computer systems.
• For the management accounts department to be the responsible budget owner, setting budgets, approving and monitoring of financial expenditure.

Financial Accounting:

• Supporting the delivery of the Trusts statutory annual accounts in accordance with International Financial Reporting Standards as interpreted for the NHS by the Department of Healths Manual for Accounts.
• Ensuring that monthly and annual accounts are prepared in accordance with International Financial Reporting Standards as interpreted for the NHS by the Department of Healths Manual for Accounts.

Communication:

• Communicate complex, business sensitive and contentious information to large groups of budget holders, senior managers, Board and the commissioners about the Trusts financial performance and activity.
• Develop and deliver financial presentations on complex, conflicting matters such as on CIP programmes, tender submissions and changes to financial regulations to non-financial experts in a clear, persuasive manner that builds cooperation around particular courses of action.

General:

• Using experience to provide financial advice to all stakeholders in the organisation to enhance the performance of the Trust.
• Developing effective working relationships with a wide range of internal staff (up to Chief Executive level) and external contacts relating to highly complex issues. Providing both support and appropriate challenge whilst maintaining professional standards of objectivity and ethics at all times.
• Ensuring that all duties are carried out to the highest possible standard.
• Arranging and taking part in training sessions for budget managers and/or members of the Finance team.

Qualifications

Essential

• Professional registration of one of the following professional accountancy organisations: ACA, ACCA, CIPFA, CIMA or equivalent
• Track record of significant continuous professional and management development

Personal Attributes

Essential

• Self-starter, capable of generating & delivering innovative solutions
• Team player with an ability to lead others
• Able to identify with the Trust's commitment to safeguarding and promoting the welfare of children and young people/vulnerable adults
• Understanding of Equal Opportunities in the NHS

Skills, Abilities and Knowledge

Essential

• Expert management accounting knowledge and skills
• Strong working knowledge of IFRS
• Strong interpersonal skills with professional credibility
• Communicate effectively (verbal and written) with a range of clinical and non-clinical staff, including negotiating, influencing and persuading
• Design and deliver presentations covering complex material using language understandable to non-technical staff, clinicians and other users
• Proficient with MS Office & range of software packages relating to financial management
• Confident MS Excel user
• Able to deliver to deadlines under time pressure, and self-manage a range of priorities and objectives
• Strategic thinking and awareness
• Ability to interpret national guidance and contractual factors to determine and model the impact on the Trust
• Ability to analyse highly complex data, statistics and financial information
• Understanding of tender processes

Desirable

• Detailed knowledge of NHS Manual for Accounts
• Practical understanding of wider NHS financial environment, including commissioners, other provider sectors, and regulators
• Experience of an NHS LTFM

Experience

Essential

• Extensive experience of management accounting within a complex NHS provider environment
• Experience of statutory accounting management
• Experience of working successfully with non-financial colleagues at a senior level
• Experience of writing reports to present complex information for a range of audiences including Board members
• Line management experience
• Experience of compiling business cases

Desirable

• Management or leadership training
• Experience of developing and monitoring financial strategy for an organisation of equivalent complexity to the Trust

Other

Essential

• High level of Mental Effort required, including a requirement for concentration, responding to unpredictable work patterns, interruptions and the need to meet challenging deadlines
• Motivate and able to prioritise own workload and that of others
• Able to assess and make recommendations to senior members of the Trust on financial decisions and risks.
• Able to cope with high challenge and conflict management situation
• Must hold full and valid driving licence and have access to a vehicle
• Able to communicate effectively using the English language in both verbal and written

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.

Certificate of Sponsorship

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).