Deputy Finance Manager

To support the Senior Finance Manager, provide financial information, advice and support to the Associate Director of Operations, Associate Medical Directors and other divisional staff. To meet regularly with budget managers to ensure that the financial position of the division and the Trust is understood and that any potential financial problems are identified early enough for corrective action to be taken. The post holder must be capable of influencing the budget managers to ensure achievement of the divisional financial objectives and balancing the budget. To have responsibility for some aspects of budgetary management asdelegated by the Senior Finance Manager, including monitoring of performance and providing advice on corrective action as necessary. To take a lead role in the annual budget setting process for delegated departments/sub-divisional areas within the division. The post-holder will support the Senior Finance Manager in the delivery of financial balance for the division and for themanagement/monitoring of cost improvement and cost control programmes to support the achievement of balance. To undertake where relevant lead responsibility for the implementation and monitoring of recharging mechanisms to improve budgetary control. To ensure that the approval to recruit process is adhered to and ensure that establishment database is up to date. The postholder will lead the month end close down process for the team,according to timescales and ensure that robust draft financial information is available for the Senior Finance Manager to review. The postholder will support the Senior Finance Manager in the final production, interpreting, forecasting and reporting of the financial position of the division in accordance with both internal and external requirements. To assist budget managers in identifying and achieving cost improvementtargets, income generation targets and ensuring value for money, undertaking reviews of all existing practices with the aim of improving efficiency. Provide regular financial advice and support to the Associate Director ofOperations, Service Managers, other Heads of Department and Lead Nurses on sometimes complex and sometimes confrontational issues. Creating performance, monitoring and correction reports where appropriate to allow informed decision making to take place. To provide the Senior Finance Manager with corporate information necessary to enable corporate financial reporting. This will include explanation of significant variance movements for inclusion in thecorporate Executive Finance and Performance Committee and Trust Boardreport. To ensure that for the areas of responsibility as delegated by the Senior Finance Manager, budget setting, financial planning,forecasting, monthly monitoring and reporting to divisions are done to the required standards and timetables. To support the Senior Finance Manager in the development of new costing and budgeting methodologies to provide information for both managerial and commercial purposes. To support the Senior Finance Manager to review the division costs relative to national norms and other provider units and establishing verification of significant variations. To jointly develop a budget holder manual with other Deputy Finance Managers and increase the financial capability of management teams through the provision of financial awareness training and continuous support for senior managers and service leads within the division. Participate in ad-hoc working groups on particular issues as required,representing the finance department. To provide input as required to the Trusts statutory financial reports. To ensure that the Trusts standing financial instructions and codes ofprocedures are adhered to at all times. To assist generally in the financial management of the Trust. To work with the Senior Finance Manager and the Associate Director of Finance to provide robust financial risk evaluations of business cases, service developments. To work with the Senior Finance Manager and the Associate Director of Finance to analyse the financial impact of capitalequipment proposals and purchase options. The postholder will work with Associate Director of Finance to ensure that any statutory returns are completed and also begin to learn about the cashflow implications of the financial position. The postholder requires expert knowledge and experience of all financesystems and must be able to interrogate financial information systems andmanage the data to provide managers with high quality and timely information for decision-making. Ability to use experience and knowledge to identify income and expenditure trends, and divisional year-end positions. Creates sometimes complex spreadsheets using advanced spreadsheet skills to provide ad hoc costings/information to managers. Uses other software packages for specific purposes e.g. database To ensure that own professional skills and knowledge are regularly updated through mandatory continuing professional development (CPD). Plans own workload whilst ensuring that staff meet financialtimetables/priorities/deadlines set by Senior Finance Manager/Associate Director of Finance. The postholder is required to deputise for the Senior Finance Manageras required. Any other duties as commensurate with the grade of the post. Knowledge skills and experience required: The postholder must be fully qualified member of Consultative Committee of Accountancy Bodies (CCAB). Communications and Working Relationships: To liaise with clinicians / service managers as delegated, to ensure all optionshave been considered, model assumptions are correct and to provide adviceon accessing funding. The postholder will be required to communicate/present complex financialissues to clinicians and non-finance managers. The postholder will be requiredto convey financial concepts clearly and persuasively. Internally - Executive Directors, Associate Medical Directors, GeneralManagers, Lead clinicians, Matrons, Departmental / ward managers, Othersenior managers, Internal audit, HR department, IT department and Financedepartment staff Externally - NHS Digital (Department of Health), CCGs and other NHSorganisations, Private providers, Voluntary organisations, External audit, andExternal consultants

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