Finance Business Partner

NELFT North East London Foundation Trust; City of Westminster; On-site; GBP 55,000 - 75,000; Full time

Job summary

North East London NHS Foundation Trust is seeking a proactive Finance Business Partner to join our Financial Management team in London. You will support month-end processing, management reporting, forecasting and budgetary control while building strong relationships with budget holders and finance colleagues.

The role offers an opportunity to develop business partnering and management accounting skills in a supportive NHS environment with responsibility for advising on projected outturns and

Responsibilities

• The production of monthly budget reports and subsequent variance analysis and report writing, including follow up with managers, within the agreed set timescales.
• Ensuring, through preparation and input of journals and virements, that the general ledger contains accurate data.
• Providing support to budget holders, to assist them in controlling their own budgets within overall financial constraints.
• The preparation of the annual budget setting process in conjunction with Budget holders and implementing agreed changes, to Financial and Payroll system, and any other relevant systems.
• The preparation and monitoring of staffing establishments in line with the trusts electronic staffing records system.
• To help managers achieve efficiency savings where required and to help ensure the Trust obtains value for money for its resources.
• To attend meetings with budget holders and support budget holder training.
• Identify significant variances, working with budget holders to develop and deliver recovery plans to ensure financial balance is achieved.
• Advise the Senior Finance Business Partner on the projected outturn for each of the budget areas supported.
• Assisting as required in the costing of any service developments the Trust is proposing.

Job description

Job overview

North East London NHS Foundation Trust are seeking a proactive and detail-focused Finance Business Partner to join our Financial Management team. Reporting to the Senior Finance Business Partner, you will help provide a comprehensive financial management service to the directorates. You will support accurate month-end processing, management reporting, forecasting and budgetary control, while building effective working relationships with finance colleagues, managers and budget holders. This is an excellent opportunity for someone with practical finance experience who is looking to develop their business partnering and management accounting skills in a supportive NHS environment.

Main duties of the job

• The production of monthly budget reports and subsequent variance analysis and report writing, including follow up with managers, within the agreed set timescales.
• Ensuring, through preparation and input of journals and virements, that the general ledger contains accurate data.
• Providing support to budget holders, to assist them in controlling their own budgets within overall financial constraints.
• The preparation of the annual budget setting process in conjunction with Budget holders and implementing agreed changes, to Financial and Payroll system, and any other relevant systems.
• The preparation and monitoring of staffing establishments in line with the trusts electronic staffing records system.
• To help managers achieve efficiency savings where required and to help ensure the Trust obtains value for money for its resources.
• To attend meetings with budget holders and support budget holder training.
• Identify significant variances, working with budget holders to develop and deliver recovery plans to ensure financial balance is achieved.
• Advise the Senior Finance Business Partner on the projected outturn for each of the budget areas supported.
• Assisting as required in the costing of any service developments the Trust is proposing.

NELFT NHS Foundation Trust provides mental health and community services for over 4.9 million people living in the London Boroughs of Waltham Forest, Redbridge, Barking and Dagenham, Havering, and across Essex. We work to ensure our patients, their friends and family, feel confident that their health needs are well met. With an excellent reputation for research and development, our skilled health professionals are at the cutting edge of evidence-based innovation, opening up the possibilities for better ways of working and delivery of care.