Senior Finance Analyst

Job overview

This is an exciting time to join the finance team, as we have recently implemented a new finance system to modernise and move towards best in class. This is especially true in the areas of business partnering where we want to provide a high-quality financial service to our operational colleagues.

The successful candidate will be joining our friendly Financial Management team and will be accountable to the Finance Business Partner The post-holder will work closely with their Finance Business Partner in delivering a world class finance service to their division including timely and accurate delivery of financial performance, insightful variance analysis, forecasting and PQP analysis. The role also has line management responsibilities.

The role will also be involved in the annual budget setting process, provide ongoing support and direction for their budget holders including detailed transactional analysis.

They will also be involved in ad-hoc projects and reports including (but not limited to) service developments and business cases, financial advice and longer-term financial planning.

Hybrid working opportunities.

To assist the Finance Business Partners in the provision of an expert and complete professional financial service to their divisions and specialities.

To provide expert financial advice, guidance and training on budgetary management and budget setting to Budget Holders within the allocated Division.

To provide monthly budget statements and financial reports analysing variances and trends in accordance with the Trust reporting timetables.

To deputise for the Finance Business Partner (FBP) in their absence including attendance at divisional pecialty Boards and presentation of relevant Finance Reports.

To be responsible for the preparation of robust forecasts and consolidated financial monthly performance reports analysing trends and variances for presentation at relevant specialty Finance meetings.

To be responsible for managing the production of budget reports from the ledger, investigation of variances from plan and ensuring that action on changes required is taken and maintaining adherence to the Trust monthly reporting timetable. To be responsible for ensuring that a customer focused service is delivered to each area, maintaining the highest possible levels of customer support.

To ensure that rigorous financial control is implemented and controlled across the Specialty for both expenditure and WTE’s.

To be fully involved in the development of costing and pricing models as the Trust moves into a demanding environment together with support for the realisation of benefits and clinical efficiencies from new capital projects and other areas.

To be responsible for ensuring that all specialty SLAs are signed off in accordance with Trust policy and that all recharges both inward and outward are robustly managed.

To be responsible for the setting of the specialty Budgets in consultation with the FBP and Budget Holders.

To be fully involved in financial planning including the identifying cost pressures and opportunities to reallocate budgets alongside the specialty General Managers. To ensure that income opportunities are maximised.

To develop, with the specialty clinical and operational managers, Patient, Quality and Productivity (PQP) initiatives and to be responsible for monitoring performance and delivery against these programmes.

To provide expert and specialist knowledge and be responsible for the continued implementation and development of the Trust Payment by Results (P ) and Agenda for Change (AfC) policies and any other DOH initiatives.

Assist with the development and implementation of Service Line Reporting (SLR) and Patient Level Costing (PLiCs) within…