Location: Catford 

Job Type: Temporary 

Duration of booking: Expected to last 3 months with possible extension

Proposed start date: ASAP

Pay Rates: Up to £46 PAYE Inclusive of Holiday pay or Up to £52 Umbrella pay

Hours / Working Days: 37.5 hours per week/ Monday - Friday

Sector: Healthcare 

Based: Office / Hospital 

Job Summary

• Provide a high quality professional financial management advice and support service
• Communicating the long-term vision for finance, deploying the financial framework, reporting and performance management, through which to deliver the directorate’s strategy in the short, medium and long-term
• Taking the lead for financial project management, costing and pricing strategies, detailed option appraisal, strategies for financial recovery and ensuring Value For Money (VFM) remains a central focus for planning
• Coordinating the production of monthly financial management information for the Division
• Assisting colleagues in managing budgets and continually acting to promote financial control and stewardship to safeguard the use of funds and promote VFM
• Identifying, monitoring and evaluating schemes to ensure achievement of Improving Use of Resources (IuRP) targets, and contribute to and lead IuRP working groups by being the nominated finance representative
• Ensuring that the forecasted year-end financial position of the directorate is accurate and re-freshed on a monthly basis to enable the year-end position to be provided to the Board
• Providing the directorate with information and insights on the links between the achievement of performance targets and the financial performance of the directorate
• Providing specialist strategic, financial and business skills input into the planning of any service development including strategic change within the directorate;
• Developing close working relationships with other members of the directorate senior management team;
• Exercising independent judgement and initiative when problems arise and take action to resolve areas of concern, ensuring that the principles of best practice and value for money are followed; and

Main Duties and Responsibilities

• Produce a robust, bottom-up financial forecast on a monthly basis, which is owned by the Clinical Directorates, where finances triangulate with activity, expenditure and workforce forecasts
• Be a visible champion of IuRPs throughout the organisation, helping and enabling Directorates to produce and deliver local savings whiles contributing to shape Trust wide savings initiatives
• Work closely to support the Productivity, and Efficiency Team (PReT) in producing clear and accurate reporting of budgeted, actual and forecast IuRPs
• Work closely with the Head of Contracting (HoC) and HoIP on the financial evaluation of tenders for contracted out services by undertaking comprehensive financial analysis of the contractual documentation and make appropriate recommendations
• Support the Trust’s Reference Cost submission.  Investigate differences between the Trust’s costs and those of peers and the national average.  Provide accurate information to the Costing Team
• Support the development and roll out of Service Line Management to enable improvements in financial management and service delivery.  And incorporate information to the Trust Management Executive, Finance and Performance Committee and Trust Board
• Undertake the production of any ad-hoc information requests as appropriate.
• Promote all matters of corporate governance (including development and improvement of arrangements) throughout the Trust.
• Ensure the Directorate’s policies, procedures and Trust’s Standing Financial Instructions are strictly adhered to.
• Contribute to the development of systems, control processes and risk management that ensure full compliance with internal and external governance and best practice requirements relating to contracting, commissioning, financial projects and costing processes.
• Provide and receive highly complex, sensitive and contentious information, including presenting information about service integration and dependencies involving a wide range of stakeholders in formal settings.  
• The development and management of best practice and ‘fit for purpose’ financial management information systems and processes in operation throughout the Trust.   Ensuring all postings to the financial systems are appropriately controlled and that the accounts accurately reflect the income received and expenditure incurred.
• Manage the archiving, storage and retrieval of financial information in line with statutory requirements and Trust policies.
• Work with other finance colleagues to develop an information environment where clinical divisions can identify opportunities for growth through analysis and interpretation of data e.g. service line reporting.
• Maintain a good knowledge of emerging policies from the Department of Health and NHSE.  Ensure these are reflected in the Trust’s financial plans.
• Research and identify relevant best practices.  Consider how best practice can be applied in the Trust taking into account their impact on existing relationships and systems.  Develop an approach to implement relevant policies.
• Ensure all staff in the team are aware of relevant policies and procedures and that communication is developed and deployed appropriately

Essentials

• CCAB/ CIMA Qualified
• Experience in operating at a strategic level in a leadership role, working with multiple stakeholders, developing and fostering effective partnership approaches, acquired through training and practical experience
• Leading financial performance management arrangements across a large complex organisation
• Managing a finance team including recruitment, career development, performance and work evaluation
• Knowledge of statutory accounts procedures and guidelines and experience of delivering these
• Excellent IT skills including the use of complex spreadsheets and databases