Head of Financial Analysis Financial Planning & Delivery
Job Description
Job summary
The Financial Planning & Delivery Directorate ("the Directorate") was established to provide professional support to Welsh Government to respond and deliver on the financial challenges facing NHS Wales. The Directorate operates across Wales and in support of all NHS Wales organisations as required. This includes:
Monitoring and managing financial risk in NHS Wales, responding at pace where organisations are demonstrating signs of financial concern.
Support the robust development and delivery of in-year and medium term financial and resource plans.
Driving forward the efficiency agenda for NHS Wales, working with NHS Wales organisations to ensure maximum return from efficiency opportunities.
Developing a Centre of Excellence for Financial Information and Intelligence, reflecting costing, benchmarking, resource allocation, and utilisation, to assist in driving improvements on both technical and allocative efficiency across NHS Wales.
Lead research and identifying best practice in financial management and rapid adoption of proven practice and evidence in a consistent and comprehensive way across Wales. Including best practice approaches, methodology, deployment and embedding.
o Support the development of Value Based Healthcare within NHS Wales as required.
Main duties of the job
This role is at the heart of the Directorate and, in partnership with the Head of Data Science, works to create a recognised centre of excellence for financial analysis and data science. Where, in lay terms, the Data Science Team will extract and connect data into usable products, which the Financial Analysis Team will then utilise to support all of the routine and ad hoc information needs of the Directorate.
You will be a qualified accountant looking to take on a management role within financial analytics and enthusiastic about making a difference through the practical use of data and high quality analysis. You will have demonstrable experience of providing high quality outputs and products for a range of different stakeholders and will be adept at managing a work programme, including allocating work and managing deadlines. If you're a highly motivated individual and keen to gain insight into the NHS at a national level, we'd like to hear from you.
About us
The NHS Executive works in partnership for and on behalf of Welsh Government, in and with the NHS in Wales and is hosted by Public Health Wales.
Our key purpose is to drive improvements in the quality and safety of care - resulting in better and more equitable outcomes, access and patient experience, reduced variation, and improvements in population health.
We do this by providing strong leadership and strategic direction - enabling, supporting, and directing NHS Wales to transform clinical services in line with national priorities and standards.
To find out more about working for us and the benefits we offer please visit https://phw.nhs.wales/careers/
For guidance on the application process, please visit https://phw.nhs.wales/working-for-us/applicant-information-and-guidance/
Job responsibilities
Your responsibilities will include:
- Delivering analyses that are a core foundation to the work of the Directorate, through consolidating and analysing data that includes monthly monitoring returns, annual financial plans and integrated medium-term plans.
- On an ad hoc basis supporting our internal and external stakeholders in connecting financial analysis with other data that supports strategic and operational monitoring, planning and decision making.
- This will include supporting the ongoing maintenance and development of an all Wales repository for analytical products which contains highly complex financial, performance and benchmarking data.
- The postholder will direct and lead this work through a small team of business analysts, and act as a subject matter expert in relation to the use and interpretation of data within the FP&D Directorate.
- Provide leadership and expertise in these topics that then supports the education and development of others, including presenting complex data in an accessible way, to ensure that outputs are sufficiently understood and appropriately used.
- As part of the Senior Team, the post holder will be required to contribute to the development, management and success of the Directorate as a whole.
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click Apply now to view in Trac.
The ability to speak Welsh is desirable for this post; English and/or Welsh speakers are equally welcome to apply.
For further details please contact: Jessica.Hammond@wales.nhs.uk
Person Specification
Qualifications & Knowledge
Essential
- oCCAB/CIMA qualified accountant
- oEvidence of continuing professional/personal development
Desirable
- oProgramme or project management qualification or equivalent experience e.g. PRINCE 2
Experience
Essential
- oDemonstrable experience of understanding complex financial datasets and other data sources, including the quality and reliability of the data e.g. monthly monitoring returns, financial plans and business cases
- oDemonstrable experience of triangulating financial data with other sources including workforce and activity
- oDemonstrable experience of leading the implementation of successful process changes
- oExperience of operating as a lead specialist in development and production of products or outputs
- oSubstantial experience of working with diverse senior professional and managerial groups across a range of organisations and professional disciplines
- oExperience of developing and implementing evidence related projects
- oProven ability to build relationships with stakeholders to understand and deliver service requirements
- oProven ability to work collaboratively
- oExperience of handling and communicating sensitive and confidential information to internal and external stakeholders of all levels
Desirable
- oExperience of working with key partner organisations, especially Welsh Government, DHCW (previously NWIS), WHSSC and NHS Health Boards, and also organisations beyond Wales
Skills and Attributes
Essential
- oAbility to understand and interpret user requirements and develop into meaningful information using appropriate techniques, including data visualisation.
- oAbility to review and interpret complex information (qualitative and quantitative) and distil succinct key messages and advice for a senior audience.
- oStrong communication skills and an ability to manage multiple key stakeholders.
- oAdvanced skills in Microsoft Excel
- oAbility to work autonomously using own initiative, evidence reviews and research to devise solutions where there is no precedent.
- oStrong verbal communication skills to explain complex analytics (financial and non-financial) to a range of stakeholders, often including senior non-finance staff
- oClear understanding of project planning and management, including monitoring and evaluation of projects
- oAbility to inspire and motivate others to participate in a project
- oEvidence of ability to negotiate and obtain co-operation from colleagues and stakeholders from other organisations using networking skills. Experience of how to maintain and improve quality of service through monitoring, evaluation and improvement
- oProven ability to effectively translate knowledge in order to influence practice
- oAble to multi-task in a fluid environment
- oAbility to prioritise, plan and manage own workload
- oExcellent communication and presentation skills and evidence of working collaboratively with clinicians and other senior stakeholders
- oInformation and knowledge management skills
- oBudgetary management
- oKeyboard and IT skills for common office software
Desirable
- oAbility to speak Welsh or willingness to learn
- oAbility to deliver change through engagement, negotiation and persuasion skills
- oSkills in Power BI and PowerPoint
Knowledge
Essential
- oSubject matter expert on matters relating to the use and interpretation of data, including the use of business intelligence software
- oExtensive practical and theoretical knowledge of NHS financial challenges and practice.
- oExpert skills and experience of analysing statistical and trend information and ability to carry out highly complex calculations and reconciliations from a variety of data sources, large and small
- oHigh level of awareness of sources of relevant information
- oExpert in relevant evidence synthesis matters and wide knowledge of data visualisation techniques
- oGood understanding of value based healthcare ...
