Head of Financial Management

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

South Warwickshire University NHS Foundation Trust is one of the top performing organisations within the NHS. Our staff think this is a great place to work and we hope you will agree. We have recently been rated as 'Outstanding' by the Care Quality Commission (CQC) following our most recent inspection.

We provide services across Warwickshire and beyond ranging from Hospitals in Warwick, Stratford-Upon-Avon, Royal Leamington Spa and Shipston-on Stour to Community Services across the whole county. This includes our Community Teams in North Warwickshire.

We are a progressive, expanding organisation with great ambition around improving quality, integrating pathways and delivering high levels of productivity. Over 6000 people work for the Trust and many of them have been here a long time. People find they don't need to go elsewhere to find a fulfilling career in healthcare.

The first thing you will notice about us is how we take our values seriously. We believe that our values underpin everything we do. If you are interested in a role with us you need to make sure our values match your own.

Our values can be summed up in one sentence. We are 'Trusted to provide inclusive, safe, effective and compassionate care'. Throughout the recruitment process you will be asked to think about how you demonstrate these values and how they impact on your work. It doesn't matter what role you do, whether it is patient facing or not, we are all working in the same way with our values at the core.

Probationary Period

All new staff to the Trust will be subject to a standard 6 month probationary period, the details of which will duly follow in your contract of employment.

Equality, Diversity, and Inclusion

South Warwickshire University NHS Foundation Trust is committed to creating and sustaining a positive and inclusive working environment for all our employees. Our aim is to ensure that employees are equally valued and respected and that our organisation is representative of all members of society. We define diversity as valuing everyone as an individual - we value our employees, job applicants, students, patients and visitors as people. This is reflected within our values of being Inclusive, Safe, Effective, Compassionate and Trusted.

Agile and Flexible Working

All our staff will have a work base. However the Trust operates as an Agile Working Team therefore staff may be working from home on a regular basis as required by the service. However, occasionally travel around Warwickshire and into your base will be required so access to your own transport would be helpful.

The Trust also welcome staff to work flexibly and we would welcome the conversation at interview regarding flexible working.

Staff Benefits

The Trust offer a wide range of additional benefits to staff. Anyone who joins us on a substantive basis can assess things such as the Lease Car Scheme, Electronics Scheme, Discounted Leisure and Travel, Cycle to work scheme amongst many others available.

Car Parking

The Trust have recently completed the construction of a multi-storey car park at our Warwick Hospital site which has allowed us to reduce waiting times for car parking passes.

To keep up to date on our latest recruitment activity follow us on twitter @swftrecruit or look us up on Facebook (Recruitment - South Warwickshire NHS Foundation Trust).

Job overview

To provide a comprehensive Financial Management service to divisional Management teams (Clinical Directors, General Managers and Lead/Heads of Nursing) within the Trust enabling the efficient management of their resources

To support the Associate Director of Finance with financial and strategic issues.

To support the Associate Director of Finance in providing financial reporting, planning, forecasting and an advisory service at a Trust wide level to Directors and the Board

Deputising for the Associate Director of Finance if necessary

Main duties of the job
• Advising all parts of the organisation on the implications of financial strategy and policy. Proactively advising, influencing and educating on all business and financial objectives and the planned income and expenditure position.

Lead the co-ordination of the annual budget setting process for the Trust in conjunction with the Associate Director of Finance, together with consolidating, analysing and monitoring performance against budgets including identifying appropriate actions to ensure Trust remains on track to deliver its financial commitments.

Ensure that appropriate finance and business performance analysis is provided, to Directorate Teams in a timely manner, and advise on key issues and support the delivery of Directorate performance targets

Direct line management of the Senior Finance Managers

Working for our organisation

Come and join a Trust rated Outstanding by the CQC. South Warwickshire University NHS Foundation Trust have been rated as outstanding following our latest inspection by the CQC and we are recruiting new staff to come and help us improve even further. In addition our staff survey results have placed us 4th in the country for recommended place to work.

We provide services across Warwickshire and beyond ranging from Hospitals in Warwick, Stratford-Upon-Avon, Royal Leamington Spa and Shipston-on Stour to Community Services across the county. We are a progressive, expanding organisation with great ambition around improving quality, integrating pathways and delivering high levels of productivity.

Our values can be summed up in one sentence. We are 'Trusted to provide safe, inclusive, effective and compassionate care'. Throughout the recruitment process you will be asked to think about how you demonstrate these values and how they impact on your work. It doesn't matter what role you do, whether it is patient facing or not, we are all working in the same way with our values at the core.

Detailed job description and main responsibilities

Responsibility for consolidation and meaningful interpretation of clinical service and corporate directorate financial performance including triangulation with activity and cost drivers. This will incorporate dynamic management of Risk and Opportunities, analytics and deep dives to ensure greater understanding of drivers, financial impact and actions required to mitigate potential risks to deliver the Trust level financial commitments.
• Be responsible for defining and co-ordinating the month end process for reporting financial performance (which covers Income, Expenditure and Capital) of year to date and forecast outturn including development of financial performance reporting mechanisms and systems.

Be responsible for triangulation and analysis of financial performance determinants; activity, income, workforce, cost drivers, cost improvement programme (CPIP).

To liaise with Financial Management on the implications of cost pressures, CPIPs, activity and income projections and what it means for the future.

Supports the divisions and Project Management Office in relation to the identification, delivery and reporting of the savings programme.

Work with both the Income and Information teams to support the production of the monthly financial position and provide appropriate performance analysis and reporting for the Trust.

To provide leadership to the financial management team in delivery of its objectives.
• The post holder will support the development and review of financial systems to ensure that the financial planning function can provide a comprehensive and effective service to the Trust.

Ensure a good understanding of the operational plans and processes for the Trust so that specific operational and functional plans can be integrated with the Trust wide Long Term Financial Model (LTFM). To ensure that the LTFM is kept 'live' with the Trust's in year and forecast position.

To take responsibility / lead on projects which may have significance in the way resources are deployed throughout the Trust.

To provide leadership on the business support to the Trust and Directorates in the development of business cases and service redesign.

Providing financial advice to the Trust operational teams drawing on performance monitoring information including, activity variances, performance against national targets and policy changes that may impact on decision making and forecasts

To be responsible for the day-to-day management and development of the financial management team.

Provide information and support to internal and external audit ensuring that relevant audit report recommendations are followed up and implemented

Provide appropriate advice concerning all aspects of financial control liaising with Trust subject matter experts (standing financial instructions, standing orders etc.), probity and stewardship, charitable funds guidelines and VAT principles and regulations.

To act as an authorised signatory for transactions from the Trust's bank accounts

Responsible for managing budget setting, forecasting and approval of expenditure, triangulating between the various determinants of financial performance to report in a timely and coherent way to the Senior Finance Team.
• Take an overall lead in the Trust's Finance Staff Development programme. Plan and deliver financial training to finance and non-finance staff. Responsible for managing the Financial Accounts and Management Accounts budget, including budget setting, forecasting and approval of expenditure

Additional duties appropriate to the grade as required from time to time.

Plan and deliver financial training to finance and non-finance staff.

Provide information and support to the Trust's internal performance management regime as required

Person specification

Qualifications and Experience

Essential criteria

• Please see detail Job Description and Personal Specification

Desirable criteria

• Please see detail Job Description and Personal Specification

IMPORTANT INFORMATION

Sometimes we get a lot of applications for our roles. On those occasions we might close the job early. If you don't want to miss out we recommend submitting your application as early as possible.

The Trust use an Applicant Management System called TRAC which helps us manage the recruitment process. All communications regarding your application will come via TRAC (even if you applied via NHS Jobs).

Please check your TRAC account regularly and ensure your email is set up to accept messages so they don't go into your junk/spam folder.

We aim to shortlist all vacancies within 2 days of the vacancy closing, we will get back to all candidates ASAP.

Please ensure all sections of the application form are completed fully. Please particularly ensure that you provide full details of all referees including business email address, telephone contact details and postal address.

South Warwickshire University NHS Foundation Trust is an equal opportunities employer who is committed to Equality and Diversity and does not tolerate discrimination or harassment on the grounds of any protected characteristic as defined by the Equality Act 2010.

All South Warwickshire University NHS Foundation Trust sites are smoke free. We feel it's a great way to help our patients, visitors and staff stay healthy.

The Trust is part of a 'Foundation Group' through a strategic alliance with Wye Valley NHS Trust, George Eliot Hospital NHS Trust and Worcestershire Acute Hospitals NHS Trust. This partnership is great for the sustainability of all four organisations and allows us to share learning and maximise opportunities to ensure the delivery of high quality health and care services for our local populations.

Employer certification / accreditation badges

Documents to download

• HoFM Job Description (PDF, 168.6KB)
• HoFM Person Specification (PDF, 160.6KB)
• HoFM Functional Requirements (PDF, 528.6KB)
• Occupational Health Functional Requirements Form (PDF, 207.6KB)