Financial Management Specialist
3 weeks ago
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- Assist in the budget setting process, taking responsibility for a designated range of services or cost centres.
- Support the modelling and costing of cost pressures, savings, service developments, and business cases.
- Support the production of monthly accounts for a designated range of services, including identification of accruals and prepayments, coding corrections, and budget virements.
- Support detailed forecasting, highlighting at an early stage any risks and 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, such as programme budgets and annual accounts.
- Maintain an accurate system of filing and record-keeping, and an audit trail for financial transactions.
- Demonstrable experience of working in a large complex organisation.
- Educated to degree level in a relevant subject or equivalent level of experience in a specialist area.
- 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.
- 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.
- 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.
- Ability to analyse and interpret information, pre-empt and evaluate issues, and recommend an appropriate course of action.
- Problem-solving skills and ability to respond to sudden unexpected demands.
- Strategic thinking - ability to anticipate.
- Attention to detail combined with the ability to extract key messages from complex analysis.
- Independent thinker with demonstrated good judgement, problem-solving, and analytical skills.
- Takes decisions on difficult and contentious issues where there may be a number of courses of action.
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