Senior Finance Manager

3 weeks ago


Luton, United Kingdom Talentspa Full time

Our client is currently looking for a Senior Finance Manager to join our busy team at Arndale House, Luton

The main responsibility of the role is to provide a financial management service for a designated range of services. This includes, at a cost centre level, monthly financial reporting through the production of budget reports, variance analysis, forecastingand savings reports.

**Hours of Work**:37.5 hours per week

**Salary**:£54,764 - £63,862 per annum

**Senior Finance Manager Duties**:

- Lead production of monthly accounts for a designated range of services, including identification of accruals and prepayments, coding corrections and budget virements
- Provide a detailed forecast, using various data sources e.g. SUS/SLAM, highlighting at an early stage any risks and identify options for mitigating actions
- Proactively analyse, investigate, and resolve financial queries and discrepancies, escalating to senior managers where appropriate
- Review variances against budgets and produce an analysis of the position
- Provide commentary on variances for inclusion in monthly financial reports
- Contribute to the completion and submission of external returns eg progamme budgets, IFR return, annual accounts
- Meet regularly with budget holders / budget managers to monitor performance, challenge variances and formulate and monitor plans to reduce budget overspends in order to achieve a balanced financial position
- Maintain an accurate system of filing and record-keeping, and an audit trail for financial transactions

**Senior Finance Manager Requirements**:

- Demonstrable experience of working in a large complex organisation.
- Educated to masters level or equivalent level of experience of working at a senior level in specialist area.
- Member of relevant professional body (CCAB or CIMA).
- Leadership & Management Development training and/or equivalent work experience.
- Extensive knowledge of specialist areas, acquired through post graduate diploma or equivalent experience or training plus further specialist knowledge or experience to master’s level equivalent
- Evidence of post qualifying and continuing professional development
- Must have an understanding of the background to and aims of current healthcare policy in BLMK and appreciate the implications of this on engagement
- Should have an appreciation of the relationship between the Department of Health, the CCG, Local Authorities and individual provider and commissioning organisations
- Understanding of the NHS financial framework
- Experience of building effective cross functional working relationships to drive organisational agenda
- Experienced in developing and presenting formal, complex business cases to non-finance Managers and Directors
- Experience of leading change and Experience of working within the NHS. improvements, including leading key stakeholders and own team

**Desirable**:

- Experience of working within the NHS
- Project management skills

**About the Company**:
Bedfordshire, Luton and Milton Keynes Integrated Care Board (BLMK ICB) is an ambitious organisation positioned to deliver real improvements in safety, outcomes and experience for its local population of 1 million.

BLMK ICB is responsible for planning, organising and purchasing NHS funded healthcare for people living in the region. It is run and led by local clinicians, including GP's, nurses and hospital doctors. Our overall aims are to ensure innovative, responsiveand effective clinical commissioning and that our population has access to the highest quality healthcare providing the best patient experience within available resources. We achieve this by working in partnership with our member practices and localities,with patients and the public, with local councils and other healthcare providers.



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