Finance Business Partner

Employer
University Hospitals Plymouth NHS Trust
Employer type
NHS
Site
University Hospitals Plymouth NHS Trust
Town
Plymouth
Salary
£43,742 - £57,349 Per Annum. Will consider band 7 looking to progress to band 8A.
Salary period
Yearly
Closing
16/05/2024 23:59
Interview date
04/06/#####
Finance Business PartnerNHS AfC: Band 8aJob overview An exciting opportunity has arisen at University Hospitals Plymouth NHS Trust UHP for a Finance Business Partner to provide expert financial support for the Trust's largest financial improvement projects.
The Trust is a large and complex organisation with a substantial financial improvement programme, within which there are several trust wide projects that would benefit from dedicated financial support. A highly capable and experienced accountant is required to provide financial support for these projects, from identification and development through to implementation and monitoring. This role would suit a candidate who is highly motivated, organised, able to manage demanding deadlines and who is adaptable to change.
Consideration will be given to applicants who do not fully meet the person specification but who have the relevant experience for the role and would meet the person specification in a short timeframe. These applicants would be offered a training role at the band below the position advertised.
Interviews are scheduled for Tuesday 4th June#####4. Main duties of the jobProvide high quality finance business partnering to Trustwide Financial Improvement Projects.Promote innovation and improvement by providing expertise and analysis to inform good financial decision making.Assist with oversight and challenge of Financial Improvement Plans.Utilise local and national benchmarking to inform and influence trust improvement plans, ensuring optimal use of resources.Work closely with Service Line teams, including both managers and clinicians, to support services to make changes that ensure the optimal use of resources. ***Preference will be given to internal Trust staff, as well as ‘Priority’ and 'At Risk' status including NHS At Risk staff throughout Devon who are able to display recent relevant experience as dictated by the Person Specification.*** Working for our organisationUniversity Hospitals Plymouth NHS Trust is a dynamic and challenging environment, which provides acute healthcare for people in Plymouth, South West Devon and South East Cornwall. We are the largest teaching hospital in the South West and have an active commitment to developing and supporting our staff.PLEASE NOTE THAT ALL COMMUNICATION WILL BE ELECTRONIC, PLEASE CHECK YOUR EMAIL ACCOUNT REGULARLY. If you have any issues with applying online and need additional support including reasonable adjustments with the application process please contact the recruitment team on 01752 432100. We recognise that work life balance is important for our colleagues and so we invite requests from applicants around less than full time/flexible working for our advertised roles. Please contact the recruiting manager to discuss this prior to your application submission. We commit to giving this full consideration in each case. We encourage people from diverse backgrounds to apply for our roles, as diversity strengthens our teams. It is sometimes necessary to close vacancies before the closing date. If you have not heard from us within 4 weeks of the closing date, please assume that you have not been shortlisted.Detailed job description and main responsibilitiesUtilising specialist knowledge of complex NHS/Trust revenue and capital financial arrangements, regulations, financial techniques and relevant legislation; NHS Tariff guidance and Contractual requirements, together with general commercial awareness, to:Identify and maximise the financial impact of Trust Wide Financial Improvement Programme (FIP) schemes and give sufficiently clear and concise financial information to decision making groups including the Trust Board and NHS England/Improvement.Work closely with Care Group Managers and Directors on their Financial Improvement Programme, assisting with oversight and challenge.Work closely with the existing Finance Business Partners (including Senior Capital Finance Business Partner) to ensure that the information used for financial improvements is robust and that the outcomes of projects are integrated into Service Lines’ and Care Groups’ strategic and operational Business Plans, as well as the long term plan. This will include the identification of associated savings expected from capital projects.Provide and present sophisticated financial advice to project leads, senior managers, Service Line Management teams and Executive Directors about the financial improvement opportunities that exist and their potential impact.Work with the ICS, service improvement and clinical strategy team to support services to make changes that ensure optimal use of resources.Produce financial information to support Trustwide projects and business cases.Encourage and influence individuals / teams to ensure cost-effective decision making by management, using high developed persuasion, motivation and negotiation skills;Investigate highly complex financial queries on income and expenditure, carrying out regular complicated analytical reviews of the Service Line financial position, predicting income, developing and using complex models and multiple inputs including activity projections and case mix issues;Interpret highly complex financial data and give advice on financial risks.Assist and advise Service Line Management Teams in the execution of plans to achieve the performance targets set out in the Trust’s Annual Plan, within the financial resources allocated to the Service Line for that purpose.Identify business opportunities and threats arising out of market analyses and work with service lines to identify financial impacts and mitigating actionsThoroughly review monthly contract monitoring reports with service lines to ensure robust capture and coding of income. Work with service lines and Accountants to develop robust activity and income forecasts based on changes to demand, RTT requirements and capacity constraints.Benchmark the Service Lines against other similar hospitals using nationally recognised activity and management information and peer data (such as GIRFT and the Model Hospital) - identify areas for improvement and advise Service Line Management Teams and work closely with Service Line Management teams to effect such changes.Ensure best practice is developed and delivered at department and organisational level, challenging ways of working and motivating and influencing others.Provide financial support for revenue and capital business cases as appropriate describing the financial implications of the business case and investment appraisal techniques.Take a lead role in developing contract issues papers with Service Lines, utilising detailed knowledge of NHS Tariff guidance and contractual requirements.Utilise knowledge of coding and NHS Tariff guidance to ensure Service Lines are being appropriately paid for all activity performed.Represent the Trust at meetings with Commissioner colleagues as required to support the contract setting and in year monitoring process.Provide information and advice to support the allocation of resources, Service Line reporting and improve the accuracy of National Cost returns.Work with the Costing Team to develop Service Line Management Teams’ understanding of the in-year funding mechanisms for support services and their implications for cost control and savings measures. The development and refinement of Service Line Reporting (SLR) is a key tool upon which both operational and strategic decisions can be based.Produce or assist in the production of reports to the Trust Board, as required, using spreadsheets, databases, presentations and report writing skills.Work with Service Lines and the Accountant to ensure an in depth understanding of the income position, any action plans to address variances and ensure accurate income forecasting. Understanding the impact of other performance measures e.g. RTT on this.Liaise with the Accountants with the activity and Income analysis to refine monthly, quarterly and annual forecasts of Service Line financial performance as required, taking into account likely profiles of activity, cost behaviours, savings plans and other influencing factors.Produce financial information to support Trustwide improvement projects and business cases. Assist in the completion of the financial dimensions of the Trust’s planning in accordance with the timetable set by NHS Improvement/Executive and ensure compatibility with the Trust’s long term financial plans.Utilising professional and specialist finance knowledge and general management skills, for the Finance Directorate to:Manage all aspects of own workload to balance frequently changing priorities to deliver work within tight deadlines whilst maintaining the highest quality of information. This will include using time management skills to ensure that workload and individual projects are delivered in a timely and accurate manner.To coordinate with Service Line staff and Finance staff to ensure smooth delivery of deadlines for all aspects of work.Take responsibility for developing and implementing discrete areas of financial policy and processes in line with latest accounting standards.To act in a professional manner at all times and instil the same standards in members of staff.To input and manipulate financial data in highly complex computer spreadsheets and reports, where speed and accuracy are essential.To undertake light physical effort and extended periods of computer use in an office environment.To concentrate when inputting data, checking and reconciling information and making calculations.To cope with unpredictable work patterns and respond flexibly to queries and requests from Senior Finance, Service Lines, Care Groups and Clinical Directors.To work under intense pressure on occasions and to concentrate on highly complex accounting information for prolonged periods of time on a frequent basis.To supply internal and external auditors with any information and explanations they require with regard to any aspects of the above.To act on own initiative and to carry out the above duties in accordance with broad professional accounting standards without reference to line manager.The postholder will be required to travel on occasion.Person specificationKnowledge and ExperienceAbility to demonstrate highly developed theoretical and practical proven knowledge at an advanced level and demonstrable experience and expertise in financial management, accounting procedures, relevant legislation and NHS finance policies.Ability to demonstrate recent Continuing Professional Development including specialist training and demonstrable experience relating to NHS Finance as well as national accounting standards.Demonstrable experience of liaising with Internal and External Auditors.Extensive proven knowledge of NHS Tariff regime, contracting and business planning process.Ability to gain clinical engagement.Awareness of the current NHS “Agenda”, national directives and all Governance aspects.Proven record of providing all aspects of Finance business advisory service.QualificationsCCAB or equivalent (e.g. CIMA) Professional Qualified Accountant with current registration and relevant post qualification demonstrable experience.Proven evidence of recent CPD including specialist training and demonstrable experience relating to finance and national accounting standards.Aptitude and abilitiesExcellent level of numeracy.Able to deduce key points from large/highly complex volumes of data analysing several aspects of data.Advanced Analytical skills.Ability to resolve highly complex problems including integration of financial and operational aspects into Strategic and operational plans.Ability to review highly complex business cases and present to non finance managers giving clear and concise advice, comparing a number of options, including identification of risks.Excellent communication skills, written and verbal, with ability to demonstrate fluency, clarity and effectiveness at all levels.Able to communicate highly complex/sensitive and contentious information effectively to large groups of staff.Excellent inter-personal skills including negotiation and presentation skills. Able to overcome barriers to acceptance.Ability to influence decisions at a senior level on occasions where there are strong conflicts of opinion.Ability to represent the Trust confidently at external meetings as well as representing Finance at internal meetings.Proficient with modern “Office” Packages pref. Excel, Word, Access, PowerPoint. Aptitude for IT.Advanced keyboard skills to ensure highest level of accuracy at all times.Able to demonstrate excellent team working skills.Organisational skills and able to work as team leader.Able to prioritise own work and that of others effectively within ever changing priorities and tight deadlines.Able to plan and organise complex activities and programmes within the Finance Directorate.Able to contribute to the formulation of long-term strategic plans involving risk and uncertainty in Front Line Service Lines and at a Trust level.Ability to work flexibly to meet the needs of the service depending on monthly, quarterly and annual cycles.Ability to work well within a busy environment and to concentrate on highly complex accounting information for prolonged periods of time on a frequent basis.Ability to interpret policies and procedures and act on own initiative without reference to line manager.Leads by example and instils a team approach to workload.Ability to challenge and deal with highly sensitive and contentious situations.Able to handle & convey sensitive information in an appropriate and discreet manner.Ability to bring about change and embed a continuous process improvement culture.Proactive, flexible, enthusiastic, confident and highly motivated individual who demonstrates a commitment to Trust objectives and the NHS as a whole.Ability to contribute to overall strategic plans (both operationally and financially) of the Service Line.We are a people business – where every member of staff matters and can make a difference. Patients are at the heart of everything we do. Joining University Hospitals Plymouth NHS Trust means becoming part of a team of dedicated staff, who are committed to leading the way through innovation, clinical excellence and great customer care. The Trust has great opportunities for career development in a highly progressive working environment. We offer all of this in a vibrant, modern city with a historic reputation for adventure.PLEASE NOTE THAT ALL COMMUNICATION WILL BE ELECTRONIC, PLEASE CHECK YOUR EMAIL ACCOUNT REGULARLY INCLUDING YOUR JUNK FOLDER.If you have any issues with applying online and need additional support including reasonable adjustments with the application process please contact the recruitment team on 01752 432100.We recognise that work life balance is important for our colleagues and so we invite requests from applicants around less than full time/flexible working for our advertised roles. Please contact the recruiting manager to discuss this prior to your application submission. We commit to giving this full consideration in each case. We encourage people from diverse backgrounds to apply for our roles, as diversity strengthens our teams. A diverse workforce improves the experience of our patients, creates an environment where everyone belongs, and recognises that we all play a part in providing exceptional care to patients as well as showing kindness and compassion to patients and colleagues.
It is sometimes necessary to close vacancies before the closing date. If you have not heard from us within 4 weeks of the closing date, please assume that you have not been shortlisted.Providing false information is an offence & could result in the application being rejected or summary dismissal/police action if an applicant is successful.Please note that if you are successful in your application & accept the position you agree that the Staff Health and Wellbeing Department can access your health records from your current/previous employer in order to check the status of your inoculations & screening tests. This is an automated process & the information will only be used for these purposes prior to your taking up the position with us.For Doctors Roles:Unsolicited CVs and Candidate Profiles/DetailsUniversity Hospitals Plymouth has a commitment to sourcing candidates directly and as such we do not accept speculative CVs from agencies.We do, however, work with a defined list of preferred HTE Framework suppliers who may be invited to support us in sourcing candidates for particular roles.In line with our preferred supplier list, we only pay agency fees where we have a signed agreement in place and an agency has been instructed by a member of the Trust’s Medical Workforce team.We do not pay agency fees where speculative and unsolicited CVs are submitted to the Trust or Trust employees by any other means than the official route above. Where this is not observed the Trust reserves the right to contact these candidates directly and initiate discussions without payment of any agency fee.Any candidate details (whether written or spoken) or CVs that are referred directly will not constitute an introduction. The Trust will under no circumstances be responsible for any recruitment fees in relation to these contacts.Submission of any unsolicited CVs, candidate’s details and/or proposals to the Trust will not be considered further and will be deemed evidence of full and unlimited acceptance of this Agency Protocol.In order to establish and maintain good working relationships with the Trust’s agency suppliers, we ask that this Protocol is adhered to and thank you for your co-operation.Employer certification / accreditation badgesYou must have appropriate UK professional registration.
Name
Samantha Newcomb
Job title
Senior Finance Business Partner
Email address
#####
Telephone number
01752 437176
Additional information
Please email both Samantha Newcomb (#####) and Emma Richerby (#####) initially if you would like to arrange a discussion about the role. This will avoid any delays to a response being caused by leave.
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