Finance Business Manager

Torbay and South Devon NHS Foundation Trust; Torquay; On-site; GBP 45,000 - 55,000; Full time

Job summary

A national integrated care organization is seeking a Band 8a Finance Business Manager to join their Finance Team in Torquay. The role involves collaborating with Senior Managers to optimize costs, ensure financial targets are met, and lead the Finance Management Accounting team. Ideal candidates should possess significant finance experience and a commitment to achieving financial objectives in a fast-paced NHS environment.

Responsibilities

• Support the Operational Finance Partner to deliver the Trust's Financial Risk Rating.
• Work with Senior Managers to reduce costs and ensure financial plans are achieved.
• Provide leadership to the Finance Management Accounting team.

Job description

An exciting opportunity has arisen within our Team for a Band 8a Finance Business Manager.

You will become an integral part of our dynamic and friendly Finance Team, working in a challenging, diverse but rewarding NHS environment that strives to provide better health and care for all.

Reporting into the Operational Finance Partner, you will play a valued role , jointly working with the Care Group Senior Managers to reduce costs through efficiencies and Cost Improvement Program (CIP) delivery, ensuring the Care Group can live within an agreed envelope attributed to them, that will ensure the Trust delivers its financial plan.

The services that this post supports will be agreed dependant on the skills and experience of the successful candidate.

Responsibilities

• To support the Operational Finance Partner (OFP) for your Care Group to deliver the Trust's Financial Risk Rating, as determined by the Financial Compliance Framework of NHSI and the elements attributable in those targets to the Care Group
• Joint working with the Care Groups Senior Managers to reduce costs through efficiencies and Cost Improvement Program (CIP) delivery, ensuring the Care Group can live within an agreed envelope attributed to them that will ensure the Trust delivers its financial plan. Interpreting highly complex financial data and giving advice on financial risks to ensure the budgets/envelopes agreed are achievable and owned by the Care Group and the delegated budget holders, inclusive of CIP targets
• To participate fully in the Operational Business support and partnering work of the Finance Department as well as provide leadership to the Finance Management Accounting team (Band 7 Senior Management Accountant and below). Supporting the Trust and Care Group in achieving their respective financial objectives and implementing and communicating national and local policies across the Trust

Torbay and South Devon NHS Foundation Trust (TSDFT) is an integrated care organisation, pioneering the integration of health and social care nationally.

The Management Accounting Function forms part of the Business Support offer provided to our frontline, corporate and independent sector teams. The function is made up of 25-30 people, working closely together from both our open plan office located close to the main Torbay Hospital site in Torquay and remotely.

We are a valued and respected department within the wider Finance Team, working closely with our Income, Capital and Corporate Reporting colleagues to ensure we produce high quality management reports. The challenges, both local and national, create a fast paced and dynamic environment for us to work in where process efficiency and innovation is both encouraged and essential.

Contact

For further details / informal visits contact: Name: Andrew Dodd Job title: Operational Finance Partner Email address: [e-mail] Telephone number: 01803 653577