Assistant Divisional Finance Manager

The Christie NHS FT; Manchester; On-site; GBP 25,000 - 30,000; Full time

Job summary

A leading NHS Trust is seeking a CCAB/CIMA student to join their finance team in Manchester. The role involves supporting financial management tasks, including budget production, reporting, and providing financial advice to divisions. This is an excellent opportunity for someone looking to gain experience in a dynamic healthcare environment while working towards their qualification.

Benefits

Opportunities for personal development

Inclusive work environment

Qualifications

• Experience in financial management and producing budgets.
• Proficiency in analysing financial data and trends.
• Ability to provide professional financial management advice.

Responsibilities

• Support financial reporting and budget production.
• Monitor financial activities and resolve discrepancies.
• Advise budget holders and manage a team of assistants.

Skills

Financial Management

Budgeting

Analytical Skills

Communication

Problem Solving

Education

CCAB/CIMA qualification

Job description

CCAB/CIMA student undertaking exams

Detailed job description and main responsibilities:

1. Provide support to the Assistant Director of Finance (ADoF), Head of Financial Management (HoFM), Divisional Finance Manager (DFM) and Finance Manager (FM) in providing an effective monitoring and reporting service to the trust in accordance with the agreed timetables, procedures and standards prescribed within the trust.
2. Produce annual budgets for division(s), calculating the annual budget from information provided by budget managers, the financial management and wider finance teams, and taking account of external factors.
3. Responsible for producing the draft financial position for the division(s) for review by the DFM in accordance with the agreed timetables, procedures and standards prescribed. This will include updating the Trust's financial ledgers on a monthly basis and investigating any anomalies within the division(s) in order to resolve these in line with audit guidance.
4. To ensure that all relevant financial data, including all necessary income and expenditure accruals and budget adjustments, has been uploaded in line with the monthly reporting timetable and that all inappropriate transactions are recoded in order to reflect the true financial position.
5. Proactively review accruals for accuracy in conjunction with budget holders on a monthly basis and liaise with other organisations to ensure invoices are sent and received in a timely manner.
6. Investigate material variances within the division(s) and analyse expenditure/income trends to inform the production of divisional year-end financial position forecasts.
7. Produce detailed monthly budget statements, summaries and variance reports for the division(s). This will include a written commentary on the financial position to explain the underlying reasons for significant variances and incorporate recommendations for corrective action.
8. Deputise for the FM, and be an integral part of the divisional management team working with senior managers and other budget holders, including attendance at divisional board and other meetings when necessary.
9. Provide high quality professional financial management advice to budget holders and other staff including informal and formal training.
10. Provide advice to a range of clinical and non-clinical divisions in accordance with the agreed timetable, procedures and standards (e.g., SFIs and SOs) within the Trust and in accordance with financial and legal requirements to relevant bodies external to the Trust (e.g., Charity Commission).
11. Maintain an ongoing working relationship with divisional managers to develop understanding and knowledge of the divisions to aid in the production and presentation of information to inform decision making.
12. Organise and attend regular budget meetings to advise on costing of service changes, budget queries, forecasting, savings plans, and provide other financial guidance.
13. Provide financial input into business cases, including accurate costs and critical analysis to support service development, considering all financial implications, activity, and impact on other services.
14. Assist in monitoring and evaluating cost savings within divisional action plans, including input into Project Initiation Documents.
15. Produce trading accounts where relevant within the division to reflect the financial position of trading functions.
16. Work collaboratively across the finance function to ensure standard accounting practices and share best practices for resource efficiency and productivity.
17. Contribute to and lead on corporate financial projects, such as monitoring returns and parts of the Annual Accounts process.
18. Utilise report writing software to create detailed analysis tools, including designing complex crystal reports and interrogating data via database pivot tables.
19. Develop understanding of income, commissioning, activity, Service Line Reporting, and Costing systems to support financial refinement.
20. Provide cover for other team members' absences, supporting other divisions as needed.
21. Prioritise own work to meet deadlines and exercise judgement and initiative to resolve problems, alerting senior staff to concerns.
22. Manage, supervise, develop, and appraise Financial Management Assistants, ensuring task standardisation and quality of month-end work.
23. Engage in personal development planning, identifying opportunities and working with the FM to set objectives.

This description is not exhaustive and may be modified as needed.

Person specification, qualifications, experience, skills, knowledge, values, and other criteria follow as detailed in the original document.

We are committed to diversity, equal opportunity, and creating an inclusive environment. We welcome applications from all backgrounds and particularly encourage applications from minority groups and persons with disabilities. The post is subject to references, medical clearance, right to work verification, and possibly a DBS check.