Deputy Divisional Finance Manager

1 month ago


Wigan, Wigan, United Kingdom Wrightington, Wigan and Leigh Teaching Hospitals NHS Foundation Trust Full time
Job Title: Deputy Divisional Finance Manager

We are seeking a highly skilled and experienced Deputy Divisional Finance Manager to join our team at Wrightington, Wigan and Leigh Teaching Hospitals NHS Foundation Trust. As a key member of our finance department, you will play a crucial role in providing financial support and advice to colleagues within the Medicine division.

Key Responsibilities:
  • Provide financial information and advice to the Deputy Director of Performance and other managers within the relevant Directorates.
  • Meet regularly with these managers to ensure that any potential financial problems are identified early enough for corrective action to be effective.
  • Have overall responsibility for all aspects of budgetary management within the relevant directorates, including monitoring of performance and providing advice on corrective action as necessary.
  • Take a lead role in the Division in annual budget setting process.
  • Undertake lead responsibility for the implementation and monitoring of recharging mechanisms to improve budgetary control.
  • Take responsibility for the authorisation of specific expenditure within the Directorates (e.g. Works recharges) and the authorisation for the advertisement of vacant posts to ensure that funding is available.
  • Actively participate in and contribute to the formulation and implementation of the Divisional Business Plans in accordance with the Trust's strategic aims and objectives.
  • Provide support and advice on financial and non-financial aspects of the Business Plans.
  • Provide the Associate Director of Finance with the information necessary to enable corporate financial reporting.
  • Provide monthly financial performance reports that take into account activity, income & expenditure, CIP progress and encompassing risks & forecasts.
  • Assist Directorate and Service Managers in identifying and achieving cost improvement and income generation targets, undertaking reviews of all existing practices with the aim of improving efficiency.
  • Participate in the development of new costing and budgeting methodologies to provide information for both managerial and commercial purposes.
  • Review, for the relevant Directorates, the Trust's costs relative to national norms and other provider units and establishing verification of significant variations.
  • Monitor the service provided by the relevant Directorates to other Trusts in accordance with the Service level Agreements. Discuss and renegotiate these SLAs as necessary.
  • Take financial responsibility in the competitive tendering process to ensure that best value is achieved. Prepare financial option appraisal reports for presentation to the Trust board incorporating recommendations.
  • Assist the Associate Director of Finance in the management and reconciliation of the Trust's reserves.
  • Participate in the provision of Financial Awareness Training to non-finance staff within the Trust and to organisations utilising the Trust's on-site training facilities.
  • Provide input as required to the Trust's statutory financial reports.
  • Ensure that the Trust's standing financial instructions and codes of procedures are adhered to at all times.
  • Open and acknowledge the receipt of tenders in accordance with the Trust Standing Orders and Standing Financial Instructions.
  • Assist generally in the financial management of the Trust.
  • Deputise for other senior colleagues as required.
  • Contribute to the effectiveness of accounting systems.
  • Make recommendations to reduce costs and enhance value.
  • Undertake other duties as agreed with the Associate Director of Finance.
Requirements:
  • Final stages of CCAB qualification.
  • Substantial Management Accounting experience.
  • Proven track record of achievement.
  • Experience of managing budgets.
  • Experienced in the analysis of performance data.
Desirable Criteria:
  • Directly relevant NHS experience.
  • Staff Management.
Skills:
  • Numeracy & strong IT skills.
  • Ability to communicate effectively orally and in writing with all disciplines and seniorities.
  • Strong numeracy and analytical skills.
  • A high standard of general computer literacy.
  • Excellent Interpersonal skills.
  • Politically astute.
  • Ability to understand and interpret complex financial information.
  • Excellent negotiating and influencing skills with an ability to lead change.
  • Excellent organisation and time management skills.
  • Good people management and motivation skills.
Knowledge:
  • In-depth knowledge of NHS finance & accountancy techniques.
  • Detailed understanding of the NHS financial regime and Accounting Standards.
  • Strong computer literacy with particular regard to Microsoft Office applications.
  • Thorough understanding of NHS targets.
Additional:
  • Flexible approach to work.
  • Strongly proactive and solution orientated.
  • Qualities of perseverance, flexibility, determination and adaptability.
  • Team worker able to collaborate and delegate.
  • Ability to prioritise and work with imposed deadlines.
  • Good personal organisation and planning.
  • Creative and innovative.
  • Ability to travel between hospital sites.


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