Job summary
The post holder will provide comprehensive, professional accounting support within the System finance team. This will include, but not limited to:
Providing specialist support to the ICS reporting and decision-making process in respect of investments, leases, capital charges and financial management assumptions of Providers.
- Support the Head of System finance in producing medium- and long-term financial plans
- Support the Head of System Finance in monitoring, forecasting & planning the use of revenue and capital within the ICS.
- Production of monthly management information and financial monitoring for the ICS.
- The post holder will provide monthly analysis of provider monitoring information to inform the ICS commissioning process and detailed evaluation of expenditure, investigating variances from budget.
- The post holder will support the financial planning and contract negotiation processes.
- The post holder will forge positive working relationships to support ICB & ICS goals. The post holder will ensure the Head of System Finance is kept informed on all key management issues relating to this substantial service area
- Further the post holder will contribute to developing a culture of strong financial stewardship within the ICB & ICS, promoting the need for economy, efficiency and effectiveness.
Main duties of the job
Planning and Organisation:
1. To ensure the efficient management of ICS System finances, including the development of relevant new financial systems.
2. Liaise with NHSE with regard to capital & revenue allocations, additional opportunities for the system, changes anticipated & multi-year allocations/expectations, to ensure these align to approved business cases.
3. To support/undertake investment appraisals & reporting in relation to System business cases.
4. Support the Head of System Finance in overseeing the ICS's capital investment programme, ensuring compliance with the NHS capital accounting regime.
5. Advise the Head of System Finance on actions required to achieve compliance with any capital resource limits & actions to achieve the ICS's capital expenditure controls & provide regular reports to the Operational Finance Group & other ICS reporting groups as required regarding performance against the capital budget.
6. Manage the ICS's allocation budgets.
Analytical and Judgmental:
1. To maintain systems & processes for monitoring expenditure against plan for all designated contract portfolio/budget areas on an ongoing basis, to support appropriate challenge to variances & recommend corrective action.
2. To be responsible for the production of timely & accurate monthly financial management information in a clear & understandable format, including year-end forecasts, to enable budget holders to make informed decisions.
About us
We aim to be a great place to work and have many initiatives in place to support staff. In line with the Equality Act 2010, our organisation has an Equality, Diversity & Inclusion Group which meets on a monthly basis and has representation from a wide range of staff groups and supports a fairer and more diverse workplace for everyone.
The ICB has a Wellbeing Warriors group which has recently received Bronze level accreditation for Thrive at work and is working towards Silver accreditation. The Wellbeing warriors focus on physical, mental and emotional health of all staff providing tips, resources and webinars to support and educate staff from senior management to administrators about their wellbeing.
The ICB also has an Equality, Diversion and Inclusion Group to discuss current workplace plans and procedures which you are welcome to join.
Job description
Job responsibilities
The post holder will provide comprehensive, professional accounting support within the System finance team. This will include:
- Providing specialist support to the ICS reporting and decision-making process in respect of investments, leases, capital charges and financial management assumptions of Providers.
- Support the Head of System finance in producing medium- and long-term financial plans
- Support the Head of System Finance in monitoring, forecasting & planning the use of revenue and capital within the ICS.
- Production of monthly management information and financial monitoring for the ICS.
- The post holder will provide monthly analysis of provider monitoring information to inform the ICS commissioning process and detailed evaluation of expenditure, investigating variances from budget.
- The post holder will support the financial planning and contract negotiation processes.
- The post holder will forge positive working relationships to support ICB & ICS goals. The post holder will ensure the Head of System Finance is kept informed on all key management issues relating to this substantial service area
- Further the post holder will contribute to developing a culture of strong financial stewardship within the ICB & ICS, promoting the need for economy, efficiency and effectiveness.
Principal Duties
Planning and Organisation:
To ensure the efficient management of ICS System finances, including the development of relevant new financial systems.
- Liaise with NHSE with regard to capital & revenue allocations, additional opportunities for the system and changes anticipated as well as multi-year allocations/expectations to ensure that these align to approved business cases.
- To support/undertake investment appraisals and reporting in relation to System business cases.
- Support the Head of System Finance in overseeing the ICSs capital investment programme ensuring compliance with the NHS capital accounting regime. Advise the Head of System Finance on actions required to achieve compliance with any capital resource limits and actions to achieve the ICSs capital expenditure controls and provide regular reports to the Operational Finance Group and other ICS reporting groups as required regarding performance against the capital budget.
- Manage the ICSs allocation budgets, including setting the budget, monitoring and reporting against the budget through the year and supporting corrective action if required.
- Provide the information necessary to allow internal and external audit to perform their duties and implement audit requirements and recommendations relating to the role in a timely manner.
- Review and analyse complex business cases and advise ICS Operational Finance Group on their value for money with specific regard to identifying and managing financial risks. Develop a close working relationship with the Head of System Finance and ensure they are fully briefed on developments and consulted for approval as required.
- Maintain an effective working relationship with other individuals in the Finance team, members of CSU staff, other members of the ICB and other outside organisations to ensure the delivery of a professional service focused on achieving a high level of customer satisfaction.
- To ensure that a customer focused service is delivered whilst at the same time upholding the highest professional standards and demonstrating strong financial stewardship and adherence to ICB financial policies and procedures.
- To support the annual budgeting and planning process for the ICS .
- Support the negotiations with Provider organisations to agree an end of year finance position.
- Assist with Freedom of Information requests.
- To contribute to the production of the Annual accounts and Financial Accounting process and other periodic returns where necessary.
- To undertake ad-hoc projects and to assist in any other accounting areas as necessary.
Analytical and Judgmental:
- To maintain systems and processes for monitoring expenditure against plan for all designated contract portfolio/budget areas on an ongoing basis, to support appropriate challenge to variances and recommend corrective action.
- To be responsible for the production of timely and accurate monthly financial management information in a clear and understandable format, including year-end forecasts, to enable budget holders to make informed decisions.
- To review and develop current financial processes to continually improve financial systems.
- To analyse, investigate and resolve complex financial and activity queries, liaising with internal and external stakeholders as necessary.
- To interpret and reconcile reports sent by Provider Trusts and the ICB, highlighting variances and trends to inform management decision making and identifying and highlighting risks.
Policy and Service:
- Assist in the promotion of a culture of sound financial management within the ICB which promotes awareness of relevant financial procedures and constraints.
- Ensure Standing Financial Instructions and Financial procedures are in operation and adhered to.
- Challenge and develop current policies and procedures to improve financial systems and processes
- Promote good practice in corporate governance.
- Provision of technical financial advice, including ensuring compliance with accounting policies and other regulatory guidance.
- Assist in interpreting complex NHSEI guidance with and advise upon the application and financial implications.
- To ensure that all current national guidance affecting designated contract portfolio/budget areas is incorporated into the financial position.
- To offer advice to other ICB personnel with regards to interpretation of the financial components of the ICBs Constitution and ensure compliance with all necessary governance requirements.
Human Resources:
- Lead, motivate and develop direct reports to achieve high performance and best professional standards.
- Ensure effective working relationships are built with colleagues in the rest of Finance, Contracts, Information, PMO and with other colleagues across the ICB.
- Be responsible for the day-to-day line management of direct reports, setting objectives, prioritising work, conducting personal development reviews, and where necessary enforcing disciplinary and performance procedures.
- To undertake staff recruitment in line with ICB policies and procedures.
Communication and Relationships:
Accountability:
- The System Finance Manager will be both directly and professionally accountable to the Head of System Finance in the ICB
Key Relationships:
- Senior Colleagues within the ICB
- Provider Finance Colleagues
- NHSE England Finance Directorate
- Internal & External Audit
- Commissioning Support Services
- Other ICB Colleagues
Job description
Job responsibilities
The post holder will provide comprehensive, professional accounting support within the System finance team. This will include:
- Providing specialist support to the ICS reporting and decision-making process in respect of investments, leases, capital charges and financial management assumptions of Providers.
- Support the Head of System finance in producing medium- and long-term financial plans
- Support the Head of System Finance in monitoring, forecasting & planning the use of revenue and capital within the ICS.
- Production of monthly management information and financial monitoring for the ICS.
- The post holder will provide monthly analysis of provider monitoring information to inform the ICS commissioning process and detailed evaluation of expenditure, investigating variances from budget.
- The post holder will support the financial planning and contract negotiation processes.
- The post holder will forge positive working relationships to support ICB & ICS goals. The post holder will ensure the Head of System Finance is kept informed on all key management issues relating to this substantial service area
- Further the post holder will contribute to developing a culture of strong financial stewardship within the ICB & ICS, promoting the need for economy, efficiency and effectiveness.
Principal Duties
Planning and Organisation:
To ensure the efficient management of ICS System finances, including the development of relevant new financial systems.
- Liaise with NHSE with regard to capital & revenue allocations, additional opportunities for the system and changes anticipated as well as multi-year allocations/expectations to ensure that these align to approved business cases.
- To support/undertake investment appraisals and reporting in relation to System business cases.
- Support the Head of System Finance in overseeing the ICSs capital investment programme ensuring compliance with the NHS capital accounting regime. Advise the Head of System Finance on actions required to achieve compliance with any capital resource limits and actions to achieve the ICSs capital expenditure controls and provide regular reports to the Operational Finance Group and other ICS reporting groups as required regarding performance against the capital budget.
- Manage the ICSs allocation budgets, including setting the budget, monitoring and reporting against the budget through the year and supporting corrective action if required.
- Provide the information necessary to allow internal and external audit to perform their duties and implement audit requirements and recommendations relating to the role in a timely manner.
- Review and analyse complex business cases and advise ICS Operational Finance Group on their value for money with specific regard to identifying and managing financial risks. Develop a close working relationship with the Head of System Finance and ensure they are fully briefed on developments and consulted for approval as required.
- Maintain an effective working relationship with other individuals in the Finance team, members of CSU staff, other members of the ICB and other outside organisations to ensure the delivery of a professional service focused on achieving a high level of customer satisfaction.
- To ensure that a customer focused service is delivered whilst at the same time upholding the highest professional standards and demonstrating strong financial stewardship and adherence to ICB financial policies and procedures.
- To support the annual budgeting and planning process for the ICS .
- Support the negotiations with Provider organisations to agree an end of year finance position.
- Assist with Freedom of Information requests.
- To contribute to the production of the Annual accounts and Financial Accounting process and other periodic returns where necessary.
- To undertake ad-hoc projects and to assist in any other accounting areas as necessary.
Analytical and Judgmental:
- To maintain systems and processes for monitoring expenditure against plan for all designated contract portfolio/budget areas on an ongoing basis, to support appropriate challenge to variances and recommend corrective action.
- To be responsible for the production of timely and accurate monthly financial management information in a clear and understandable format, including year-end forecasts, to enable budget holders to make informed decisions.
- To review and develop current financial processes to continually improve financial systems.
- To analyse, investigate and resolve complex financial and activity queries, liaising with internal and external stakeholders as necessary.
- To interpret and reconcile reports sent by Provider Trusts and the ICB, highlighting variances and trends to inform management decision making and identifying and highlighting risks.
Policy and Service:
- Assist in the promotion of a culture of sound financial management within the ICB which promotes awareness of relevant financial procedures and constraints.
- Ensure Standing Financial Instructions and Financial procedures are in operation and adhered to.
- Challenge and develop current policies and procedures to improve financial systems and processes
- Promote good practice in corporate governance.
- Provision of technical financial advice, including ensuring compliance with accounting policies and other regulatory guidance.
- Assist in interpreting complex NHSEI guidance with and advise upon the application and financial implications.
- To ensure that all current national guidance affecting designated contract portfolio/budget areas is incorporated into the financial position.
- To offer advice to other ICB personnel with regards to interpretation of the financial components of the ICBs Constitution and ensure compliance with all necessary governance requirements.
Human Resources:
- Lead, motivate and develop direct reports to achieve high performance and best professional standards.
- Ensure effective working relationships are built with colleagues in the rest of Finance, Contracts, Information, PMO and with other colleagues across the ICB.
- Be responsible for the day-to-day line management of direct reports, setting objectives, prioritising work, conducting personal development reviews, and where necessary enforcing disciplinary and performance procedures.
- To undertake staff recruitment in line with ICB policies and procedures.
Communication and Relationships:
Accountability:
- The System Finance Manager will be both directly and professionally accountable to the Head of System Finance in the ICB
Key Relationships:
- Senior Colleagues within the ICB
- Provider Finance Colleagues
- NHSE England Finance Directorate
- Internal & External Audit
- Commissioning Support Services
- Other ICB Colleagues
Person Specification
Qualifications and Training
Essential
- Fully CCAB Qualified or at least finalist CCAB Professional accountancy qualification or equivalent
- Evidence of participation in continuing professional development
Experience
Essential
- Significant experience of month end management accounting procedures
- Experience of delivering financial advice and guidance to senior managers withing and outside of own organisation.
- Advising and influencing the actions of nonfinance managers and clinicians to support robust financial stewardship
- Experience of liaising with senior staff both within and external to the organisation.
- Experience of analysing and interpreting large volumes of financial and/or activity data.
Desirable
- Experience of line managing staff
- NHS finance experience
Skills
Essential
- Excellent analytical/numerical skills
- Excellent IT skills (Microsoft Office Applications)
- Excellent organisational skills
- Developed communication skills for delivering key messages to a range of stakeholders.
- Good presentational skills for conveying financial information
- Excellent writing skills, including the ability to summarise information and key issues
- Strong problem-solving skills
- Understanding of the landscape from both a financial and operational perspective
Knowledge
Essential
- Theoretical and practical knowledge of financial modelling techniques, including advanced spreadsheet skills
- Expert user of Microsoft systems
- Knowledge of budget setting process and relevant techniques
Desirable
- Understanding of benchmarking and other comparative technique.
- Awareness of current NHS policy direction and ability to translate these for own area of work
Personal Qualities
Essential
- Attention to detail
- Ability to work to targets, meet deadlines, and prioritise own work
- Ability to work flexibly to meet operational needs
- Ability to work with a wide range of individuals
- Tact and diplomacy
- Positive attitude and highly self-motivated and can motivate others
- Demonstrates honesty and integrity and promotes organisational values.
- Team working skills
- Ability to prioritise and manage multiple projects
- Versatile and approachable
Other
Essential
- Ability and willingness to travel throughout Coventry and Warwickshire
- Embrace change, viewing it as an opportunity to learn and develop
Person Specification
Qualifications and Training
Essential
- Fully CCAB Qualified or at least finalist CCAB Professional accountancy qualification or equivalent
- Evidence of participation in continuing professional development
Experience
Essential
- Significant experience of month end management accounting procedures
- Experience of delivering financial advice and guidance to senior managers withing and outside of own organisation.
- Advising and influencing the actions of nonfinance managers and clinicians to support robust financial stewardship
- Experience of liaising with senior staff both within and external to the organisation.
- Experience of analysing and interpreting large volumes of financial and/or activity data.
Desirable
- Experience of line managing staff
- NHS finance experience
Skills
Essential
- Excellent analytical/numerical skills
- Excellent IT skills (Microsoft Office Applications)
- Excellent organisational skills
- Developed communication skills for delivering key messages to a range of stakeholders.
- Good presentational skills for conveying financial information
- Excellent writing skills, including the ability to summarise information and key issues
- Strong problem-solving skills
- Understanding of the landscape from both a financial and operational perspective
Knowledge
Essential
- Theoretical and practical knowledge of financial modelling techniques, including advanced spreadsheet skills
- Expert user of Microsoft systems
- Knowledge of budget setting process and relevant techniques
Desirable
- Understanding of benchmarking and other comparative technique.
- Awareness of current NHS policy direction and ability to translate these for own area of work
Personal Qualities
Essential
- Attention to detail
- Ability to work to targets, meet deadlines, and prioritise own work
- Ability to work flexibly to meet operational needs
- Ability to work with a wide range of individuals
- Tact and diplomacy
- Positive attitude and highly self-motivated and can motivate others
- Demonstrates honesty and integrity and promotes organisational values.
- Team working skills
- Ability to prioritise and manage multiple projects
- Versatile and approachable
Other
Essential
- Ability and willingness to travel throughout Coventry and Warwickshire
- Embrace change, viewing it as an opportunity to learn and develop
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.
