Financial Management Specialist

4 weeks ago


Luton, Luton, United Kingdom Work Learn Live Blmk Full time
Job Summary

We are seeking a highly skilled Financial Management Specialist to join our team at Work Learn Live Blmk. The successful candidate will be responsible for providing a financial management service for a designated range of services, including budget reporting, variance analysis, forecasting, and savings reports.

Main Responsibilities
  1. Assist in the budget setting process, taking responsibility for a designated range of services or cost centres.
  2. Support the modelling and costing of cost pressures, savings, service developments, and business cases.
  3. Support the production of monthly accounts for a designated range of services, including identification of accruals and prepayments, coding corrections, and budget virements.
  4. Support detailed forecasting, highlighting at an early stage any risks and options for mitigating actions.
  5. Proactively analyse, investigate, and resolve financial queries and discrepancies, escalating to senior managers where appropriate.
  6. Review variances against budgets and produce an analysis of the position.
  7. Provide commentary on variances for inclusion in monthly financial reports.
  8. Contribute to the completion and submission of external returns, such as programme budgets, non-ISFE returns, and annual accounts.
  9. Maintain an accurate system of filing and record-keeping, and an audit trail for financial transactions.
Requirements
  • Demonstrable experience of working in a large complex organisation.
  • Educated to degree level in a relevant subject or equivalent level of experience in a similar role.
  • Further training or significant experience in project management, financial management, or supporting change management processes.
  • Experience and understanding of evaluating and measuring the performance of health services.
  • Experience in communications and stakeholder management.
  • Comprehensive knowledge of project management and/or health information systems development.
  • Workforce development knowledge and experience.
  • Previous experience in a similar role in the public sector.
  • A good understanding of the health and social care environment and roles and responsibilities within it.
  • Specialist knowledge in a relevant subject to postgraduate level.
  • Experience of working within the NHS.
  • Working knowledge of Microsoft Project.
Skills and Abilities
  • Ability to manage competing priorities in a busy and changing environment.
  • Ability to travel to other sites within the BLMK area.
  • Able to work outside of traditional office hours on occasion.
Communication and Analytical Skills
  • Clear communicator with excellent writing, report writing, and presentation skills.
  • Evidence of success in efficient and effective project and programme management.
  • Skills for communication on complex matters and difficult situations, requiring persuasion and influence.
  • Skills for nurturing key relationships and maintaining networks.
Autonomy and Equality
  • Ability to work on own initiative and organise own workload without supervision, working to tight and often changing timescales.
  • Understanding of and commitment to equality of opportunity and good working relationships.


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