Finance Business Partner

Working to the Head of Management Accounts the main responsibilities of the role are:

- Supporting Directorates To co-ordinate the provision of confidential, sensitive and specialist financial advice and support to the Directorates to ensure that they meet the targets set by the Trust Board, and the wider IC, particularly, those relating to containing expenditure within budget, maximising efficiency and meeting patient activity targets from available resources. To support Directorate performance, through raising awareness of issues and contributing to solutions, to help ensure that Directorate targets are achieved.

To be responsible for the oversight, co-ordination, production and distribution of accurate and timely monthly budget reports, including the review of forecasts for Directorates. To engage the service in this process in order to highlight early changes or issues in service provision. To prepare and review comprehensive, formal financial reports for submission by the Head of Management Accounts to the Trust Board,ICS,NHS England and Directorate Management Teams on a monthly basis.

To support the Directorate team with developing strategic plans and operational changes, to optimise performance. This will include providing advice on efficiency savings, innovations, and service development opportunities. The finance business partner will be essential in analysing and evaluating proposals, and where appropriate the development of business cases. With support from the Head of Management Accounts, lead the annual financial planning process for the clinical & or corporate areas that you have responsibility for including identifying, coordinating and quantifying service developments, cost pressures, cost improvements and capital bids to support the annual objectives.

This should take into account the NHS Long Term plan, relevant national service guidance, the wider organisation and its position within the IC geography. Provide support to the Head of Management Accounts and Contracting team to facilitate the Trusts annual budget setting processes within the relevant Directorates. This is to ensure that the budgets reflect the current years Financial Plan approved by the Board.

Support the production of business cases within the clinical or corporate area, including the financial analysis. This will include a review of highly complex data from a variety of sources and the application of recognised investment appraisal techniques, where applicable. Ensure that the relevant financial information, particularly with regard to capital expenditure, recurrent and non-recurrent revenue expenditure and anticipated savings, are included within every Business Case developed by the Directorates.

To provide continued support to the Head of Management Accounts in monitoring financial consequences of approved bids. Responsible for the preparation of the Trusts annual costing and relevant benchmarking returns. To work with clinicians and managers to understand the relevance of benchmarking information. To ensure that Service Line Reporting/Patient Level Costing information is used to improve financial and service performance.

To be aware of and access nationally available tools to promote efficiencies, eg the Model Hospital. Responsible, in conjunction with the Head of Management Accounts, for the development of financial planning and reporting arrangements within the Trust for the completion of relevant in-year, annual and strategic financial models provided to NHSE.

Lead and manage the Directorate Finance team on a day to day basis, contributing to the development of the team, its services and the effective operation and development of…