About this role
Job summary
Principal Medical limited are looking for an experience Finance Business partner. This role is a full-time permanent role based in Bicester.
Main duties of the job
The Finance Business Partner supports the achievement of organisational objectives through the provision of high-quality financial management, commercial insight and strategic decision support. Acting as a trusted advisor to senior leaders, the postholder combines strong financial control and governance expertise with excellent relationship-building skills to drive informed decision-making, improve performance and ensure financial sustainability.
The role is responsible for partnering with operational leaders across our GP practices to identify opportunities, manage risks and support the delivery of strategic priorities. In addition, the postholder will maintain robust financial controls, reporting processes and financial reports including regular benchmarking against industry best performance.
The account holder will report to the Finance Director and work closely with the broader finance team with some line management responsibility to achieve the following accountabilities.
About us
PML is a successful not-for-profit, GP-led organisation providing various NHS community and primary care clinical services to patients across Oxfordshire and Northamptonshire. We have evolved as a NHS healthcare provider since 2004 and in the last few years have grown significantly, now employing around 300 staff with a turnover of circa £16m. PML holds GMS contracts, as well as being a GP Federation representing circa 50 GP practices covering approximately 650,000 patients.
We welcome applicants from a diverse range of backgrounds and circumstances and people with protected characteristics under the Equality Act 2010
Job description
Job responsibilities
Role Accountabilities
Financial Reporting & Control
- Ensure accurate, timely and meaningful financial performance reporting across operations.
- Maintain strong financial controls, governance arrangements and compliance with relevant accounting standards.
- Support month-end and year-end processes, including balance sheet integrity and audit support
- Monitor financial risks and recommend appropriate mitigating actions.
- Benchmark against best in class and support the drive for continuous improvement
Business Partnering
- Build trust and effective relationships with leaders across the organisation.
- Provide financial expertise, challenge and support to enable informed decision-making.
- Translate complex financial information into clear, commercially focused insights
- Promote financial awareness and accountability amongst budget holders and operational managers.
Budgeting, Forecasting & Planning
- Lead the annual budgeting process and ongoing forecasting activities.
- Support the development of financial plans aligned to organisational objectives.
- Analyse financial performance, identifying trends, opportunities and risks.
- Provide scenario modelling and business case analysis to support investment decisions.
Commercial & Strategic Support
- Contribute to strategic projects, growth initiatives and organisational change programmes.
- Evaluate the financial impact of operational and commercial decisions.
- Support leaders in identifying opportunities to improve efficiency, profitability and value creation.
- Provide financial insight to support continuous improvement and organisational performance.
Process Improvement & Systems
- Identify and implement improvements to financial processes, systems and reporting.
- Drive efficiencies through automation, standardisation and simplification of finance activities.
- Ensure financial information is accessible, accurate and supports effective decision-making.
Leadership & Collaboration
- Work collaboratively across departments to foster strong working relationships.
- Support and coach managers in financial management and budget accountability.
- Act as a role model for organisational values and professional standards.
- Contribute positively to the development of the wider finance function.
Person Specification
Experience
Essential
- Being a Finance Business Partner or equivalent
- Working within a medium to large organisation (£10m+)
- Producing management accounts, budgets and forecasts
- Developing strong relationships with senior operational stakeholders
- Influencing business decisions through financial analysis and insight
Desirable
- Supporting strategic projects, business cases or organisational change initiatives
- Multi-site or complex organisational environment
- Healthcare, service or not-for-profit industry
- Management or development of others
Qualifications
Essential
- Fully qualified accountant (ACA, ACCA, CIMA or equivalent)
Desirable
- Degree level qualification
Skills and Knowledge
Essential
- Strong financial accounting and management accounting knowledge including financial controls, risk and governance.
- Excellent budgeting, forecasting and financial planning capability.
- Advanced financial analysis and modelling skills including advanced excel.
- Ability to interpret financial information and communicate it clearly to a non- financial audience.
- Strong commercial awareness and business acumen.
- Excellent stakeholder management and influencing skills.
Desirable
- System knowledge e.g. sage or equivalent and integrated finance systems.
- Understanding of funding bodies and grant applications.
- Mergers and acquisitions.
- Knowledge of General Practice Accounts.
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.
UK Registration
Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).
Employer details
Employer name
Principal Medical Limited
Address
Principal Medical Ltd
3 Barberry Place
Bicester
Oxfordshire
OX26 3HA
United Kingdom
Employer's website
https://www.principal-medical.co.uk (Opens in a new tab)