Bank Finance Manager Band 8A inEnfield inEnfield PUBLISHED FRI 18 OCT 2024

At Royal Free NHS Foundation Trust, we are looking to recruit for the position of a Finance Manager to join our staff BANK.

We have a fantastic variety of work underway at our hospitals which will both stretch you professionally and ensure you have a rewarding workplace experience. You will be expected to quickly develop an understanding of the business of healthcare provision, to support and lead on quality decision making through provision of excellent analytical support.

Be part of a diverse, energetic and capable hospital group finance team, which is focused on supporting financial recovery and developing best in class finance reporting and business analytics

This opportunity is likely to suit a qualified accountant or near qualified with enthusiasm, drive and ambition.

• To prepare appropriate financial reports to set timelines with written analysis / commentaries for the various departmental senior managers enabling them to manage their areas of the business, analysing reasons for under / over performance and ensuring that the likely full year outcome is well explained.
• To contribute towards the preparation of the Monthly Management Reports and Board briefings ensuring that information is prepared in a timely manner, is accurate and is accompanied by incisive commentary explaining major variances to budgets / forecasts.
• To take full responsibility for preparing and delivering monthly finance reports for their specific directorates.
• To manage the relationship between Finance and the division and ensure they receive timely and accurate financial information to enable them to run the various aspects of their business.
• To manage the team workload such that all deadlines are met, whilst completing work to a high standard, allowing for appropriate review and amendment by senior management before documents are disseminated outside the finance department.
• To work with the clinical division to ensure that annual I&E budgets are prepared in the correct form and according to timelines agreed with the Assistant Director of Finance, ensuring that they meet the Trust's financial objectives.

For further information please refer to the attached JD and PS.

About us

MAIN DUTIES AND RESPONSIBILITIES :-

• Royal Free World Class Values

The post holder will offer World Class Care to service users, staff, colleagues, clients and patients alike.

1. RESPONSIBILITY FOR POLICY AND SERVICE DEVELOPMENT

• The post holder will be responsible for budget setting for their Directorates in line with the policies and processes specified.
• The post holder will be responsible for ensuring that the Directorates period end finance reports are appropriate, complete and accurate and contains all the information required to brief the Board on the financial performance of the Directorate. They will need to continuously review and improve the content of the pack.
• The post holder will be responsible for the integrity of the financial data contained within finance reports and directorate budget reports. They will be expected to review and analyse the data before disseminating it to other interested parties and to include clear, concise and informative commentary on the figures reported.
• They will be responsible for exploring better methods of presenting financial information to the Divisional Board and other users supporting the Head of Finance for the division. This will require strong Excel skills and a good working knowledge of Word and PowerPoint.
• The post holder will be expected to ensure that reporting timelines are reduced as required by the Head of Finance (Reporting).
• The post holder will be expected to work closely with the Directorates to ensure that they receive appropriate sound financial advice which they review and use to take decisions on costs.

2. RESPONSIBILITY FOR FINANCIAL AND PHYSICAL RESOURCES

• The post holder will be expected to ensure that accurate records of departments performance against QIPP (Quality Innovation Productivity and Prevention) are maintained and that departmental heads understand their progress towards targets. They will also be expected to ensure that action plans to improve performance are articulated and implemented should the QIPP plan not be being met
• The post holder will be expected to provide reports to budget holders within Directorates. One of the key tasks of the post holder will be to reduce the timelines by which month end reports are prepared and issued. In addition, they will be expected to ensure that concise, accurate, relevant, business focused comment is given to users with the financial data and ensure that the information is used to support continuous improvements in operational performance within the Trust.

For further information please refer to the attached JD and PS.