About this role
Job summary
An exciting opportunity has arisen at Onelsc within East Lancashire Hospitals NHS Trust and we are looking to recruit a Senior Divisional Finance Manager for the Medicine & Emergency Care (MEC) Division.
Are you highly motivated and can you make a difference? This role is pivotal to the Division and the Finance Department providing financial leadership, advice, training and support to the Division to ensure the achievement of financial targets and reporting requirements.
We are seeking an excellent communicator, a team player, someone who enjoys a challenge and is motivated by financial continual improvements.
You need to be a CCAB qualified accountant with experience of working closely with Divisional Directors, Clinicians, Directorate Managers and budget holders.
Provide financial leadership to the Division, including Clinical Directors, Divisional Director of Operations and Directorate Managers.Deliver internal and external reporting requirements, enabling managers to provide an efficient and effective service within the resources available.The role is wide ranging, encompassing financial performance management, business planning and efficiencies.
* Please note a presentation will be required at interview - information to be sent prior to the interview.
Main duties of the job
Financial Planning & Budgeting
Performance Management and Reporting
Business Planning
Accounting for Waste Reduction / Efficiencies Program
Income and Activity Analysis
About us
The Finance Department has been at the forefront of change and continual improvement and has won a national HFMA award for embracing technology and the Public Sector Finance Award for Training & Development.
The Department is both FSD and FFF level 3 accredited showing our commitment to being a leading edge Finance Function, supporting the wider improvement of the North West finance system and influencing local and national strategy.
We actively participate in mentoring and coaching programs. With our training schemes and support networks, you will be empowered to play a leading role in the future of healthcare, whatever your specialism or interest.
The Trust supports collaborative working with other Acute NHS Providers across Lancashire and South Cumbria and in particularly across Pennine Lancashire.
Future Focused Finance
At East Lancashire Hospitals NHS Trust, the finance team are committed to embedding the Four Strengths Framework. This covers the four key attributes the NHS Finance Leadership Council have created to ensure NHS finance departments are capable of playing their part in a modern, patient-centred NHS. All applicants for ELHT finance roles will be assessed against the four strengths as part of the interview and assessment process.
Job description Job responsibilities
Financial Planning & Budgeting
Ensure that the resources required to deliver the Division's service plans and targets are accurately identified, costed and translated into budgets, and that they are realistic yet challenging and demonstrate improvements in efficiency
Responsibility for providing financial advice, analysis, and reporting of the Division's Waste Reduction Programme (WRP), both to the division and centrally. Ensuring mandates are completed and the schemes are worked through and reconciled.
Responsibility for providing direction on the Division's budgets, consistent with the overall financial framework, and to the Finance staff during the annual budget setting process.
Ensuring the budget setting outputs are a true representation of the Divisions financial requirements.
Responsibility for the maintenance and reconciliation of the recurring and non-recurring budgetary position for both the financial and staffing budgets on a monthly basis
Performance Management and Reporting
Provide the Divisions and Directorates with expert financial advice, support and information to assist them in the achievement of their annual financial objectives. This advice should encompass budget, expenditure, income, service level reporting, plics and procurement issues. It may involve the analysis of a range of options, highlighting the advantages/disadvantages of each with an assessment of any potential risks. Issues may be complex or sensitive, may require in depth analysis or judgement or may be confidential or contentious in nature. It may also involve resolving queries at short notice.
Provide budget holders with timely and accurate monthly budget reports including interpretation and advice, and to meet regularly with them to ensure that any potential financial problems are identified early, and to provide recommendations on corrective action as necessary.
Provide a written and verbal monthly report on the financial position of the division, identifying all key overspending areas, and actions being taken to address them. This will include explanation of significant movements for inclusion in the Trust Board report.
Provide detailed forecast outturn reports on a monthly basis, with identification of any emerging pressures, or other threats to financial viability, and an assessment of corrective action being taken.
Develop information systems to enable budgetary control, and financial reporting information to enable analysis of run rates and variances to be linked to performance against key activity, manpower and quality targets. In particular, providing an overall coordination of income, activity and cost.
Identify potential areas for improved efficiency and provide direction in the delivery and monitoring of cash releasing efficiency savings.
Develop systems to monitor and maximise income opportunities within division.
Attend divisional and directorate performance management meetings at both strategic and operational levels; provide financial input and advice, as well as giving regular reports either verbal or written on the divisions financial position. Participating in discussions and debates as appropriate.
Contribute to and be able to explain the reference cost and the service line management position of the specialties within the division
Monitor and review the method of allocating overhead or support costs to specialities as part of the monthly reporting cycle.
Business Planning
Actively participate in and contribute to the formulation and implementation of the Divisional and Directorate Business Plans in accordance with the Trusts strategic aims and objectives.
Leading on the preparation of bids for funding to service commissioners and other external agencies, ensuring that robust costing and a robust financial appraisal is undertaken.
Ensure that all changes in service, or developments, are properly quantified and accounted for in the divisions budgets.
Create a financial framework that enables the benefits of services changes or developments to be measured and monitored in order to ensure effective use of resources.
Income and Activity
Be instrumental in supporting operational managers to maximise the business performance of their services with an understanding of the income and activity position.
Contribute to the development of Trust wide systems to support payment by results, in particular working with clinicians to improve the methodology of calculating Healthcare Resource Groups (HRG) costs. Ensuring the use of SLM data to assist in decision making.
Internal Financial Control Ensure that the divisions and directorates adhere to the Trust Standing Orders and Standing Financial Instructions and financial procedures.
Be the finance representative at the Workforce Controls Group as and when required.
Ensure that the schemes of delegation are maintained for the division and directorate in respect of both exchequer and charitable funds.
Attend and contribute to policy development at the Finance Investment Committee
Review the division's business processes and where appropriate identify and implement improvements to efficiency and internal control, for example, stock control routines.
Work with Trusts internal and external auditors as required ensuring that agreed recommendations are implemented in a timely manner.
Lead finance training sessions inline with the central finance training programme.
Staff Management
To be responsible for the day to day management of the Deputy Divisional Financial Manager including identifying training and development requirements in line with the Knowledge and Skills Framework requirements and ensuring that personal development plans are in place.
To play an active role in the leadership, support and development of the wider financial management team.
To be responsible for the recruitment, selection and appointment of staff working within the department in accordance with the Trust's employment policies and procedures and legal requirements.
To actively participate in an annual review and using a personal development plan, develop own knowledge and skills and support the development of others in line with the Knowledge and Skills Framework requirements for the post.
To act in a way which supports equality and diversity and encourages others to do so.
To contribute towards our Finance Staff Development agenda, ensuring that work is undertaken to maintain our Level 3 Finance Staff Development accreditation. Ensure involvement in Future Focused Finance and take an active participation in relevant groups both internal and external to the organisation.
Finance Continual Improvement
To contribute towards the continual improvement agenda, and encouraging others to do so, often leading on projects to improve the way the function operates, and ensuring that an improvement culture is engendered within the team.
Communication
Use motivational skills to encourage collaborative working to improve services and performance
Use motivational and influencing skills to combat resistance to change
Use communication and empathy skills to discuss highly sensitive and emotive issues with staff groups, in particular around performance and service improvement within their departments.
Encourage innovation and identify opportunities for continual improvement through existing communication mechanisms or undertake their development when none is in existence
Training and Development
To ensure all mandatory training requirements are met
To ensure all professional development needs are met
To ensure that all direct reports their mandatory training requirements are met
To ensure that all direct reports that their professional development needs are met
To work with the finance team as a whole to ensure a standard financial approach is taken
Deputise for the Finance Staff Development Lead when required
Provide training and coaching support to the finance team
Provide training to the wider Trust as required in relation to, Finance and performance Management, Measurement and other subjects as agreed
To train non finance managers the financial responsibilities of the Trust and of individuals, eg NHS Operations Game
Plan, deliver and review interventions to enable people to learn and develop
Person Specification
Esseential Essential
Degree (Honours) or equivalent qualification Qualified CCAB accountant with evidence of continued professional development Considerable previous NHS experience post qualification Staff management Management accounts experience Experience of computerised ledger Communication skills with budget holders dealing with complex information Negotiation skills with the ability to secure co-operation Self motivated & manage time effectively Business case / improvement case development Budgeting & forecasting experience at Divisional level Advanced working knowledge of Microsoft office products
Desirable
Report writing & performance management Working with teams to produce cost improvements / waste reduction Involved in training & development of finance & non finance staff
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).
Employer details Employer name East Lancashire Hospitals NHS Trust
Address Fusion House
Evolution Park Haslingden Road
Blackburn
BB1 2FD
United Kingdom
Employer's website http://jobs.elht.nhs.uk/ (Opens in a new tab)