(*) Deputy Finance Manager

Mid and South Essex NHS Foundation Trust; Chelmsford; On-site; GBP 32,000 - 48,000; Full time

Job summary

VerseOne Group is seeking a Finance Analyst to provide timely financial analysis and support to enable proactive decision-making across services and senior management. The post holder will deputize for the Finance Manager when required and contribute to monthly management accounts and budget setting.

You will perform run-rate analyses and unit cost assessments, advise budget holders, and help drive cost improvement programmes while delivering trusted financial reporting across the Trust.

Qualifications

• Experience producing monthly budget statements and management accounts.
• Ability to perform run-rate analyses and unit cost assessments.
• Experience advising budget holders and driving cost improvement programmes.

Responsibilities

• Work with site/department management to set budgets for each financial year.
• Compile detailed variance analyses to explain variances from budgets.
• Support robust year-end forecasts in line with Trust standards.
• Assist with financial recovery plans.
• Provide timely financial information to operational teams to aid decision making.
• Collaborate with operational managers to improve performance monitoring.
• Ensure consistency with Trust-wide financial practices.
• Financial management of care group/departments: distribute monthly performance reporting packs; support recovery plans; evolve Trust reporting.
• Improving Value: develop efficiency schemes; monitor delivery of efficiencies and financial benefits.
• Business Cases: support development and production of business cases.

Skills

Budgeting

Financial analysis

Forecasting

Cost control

Communication

Job description

The aim of the role is to provide financial analysis and support in a timely manner to supportservices and senior management enabling them to make proactive decisions and take actionsin a rapid, effective and efficient manner. The post holder will also act as Deputy to theFinance Manager for the Division or Corporate Directorate assigned when required. The post holder will be responsible for producing monthly budget statements and giving financial advice, guidance and training on budgetary management and budget setting toBudget Holders. The role is vital in undertaking analysis of financial information such as run rate analysis and unit cost assessments which will be used in the development and production of the monthlymanagement accounts and budgetary control information (monthly and annual). The role requires a strong ability to provide information to various colleagues in the organisation and help direct senior finance management to key budget variances, evaluating and supportingcost improvement programmes, and understanding around cost changes over time. You will support the Finance Manager in the provision of a complete, professional financial service to the Division or Corporate Directorates, delivering a customer focussed service to, Provision of Trusted Financial Reporting

• Work with Site/Department Management to set their budget for each financial year
• Compile detailed variance analysis to explain variances from budgets.
• Support the production of robust and detailed year end forecasts in accordance with Trust standards and timetables.
• Assist the Site/Department with financial recovery plans
• Provide the Site/Department with relevant and timely financial information to aid the operational teams to make informed decisions.
• Work in collaboration with operational managers to continually improve the effectiveness of performance monitoring systems.
• Ensure advice is consistent with similar areas of the Trust ensuring shared learning and development of a one Trust approach.

Financial management of care group/departments

• Support all aspects of financial management within their Group/Site/Department inconjunction with the Finance Manager
• Distribute the monthly performance reporting packs for the Group/Site/Department
• Where performance differs from plan, support recovery plans in consultation with theFinance Manager
• Contribute to the evolution and development of Trust reporting

Improving Value

• Support the Site/Department SLT to develop efficiency schemes
• Assess, monitor and review the delivery of efficiencies and associated financial benefits

Business Cases

• To support in the development and production of business cases.
• Ensure the financial elements reflect the case and meet the required quality standard Our ambition is to deliver excellent local and specialist services, to improve the health and well being of our patients, and provide a vibrant place for staff to develop, innovate and build careers.

We aim to make the most of our skills and experiences so we can become the best we can be. As one organisation we will recruit the finest and retain more specialist staff due to more employment opportunities across our Trust.