Deputy Divisional Finance Manager
1 month ago
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.
- 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.
- Directly relevant NHS experience.
- Staff Management.
- 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.
- 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.
- 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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