Finance Manager

Liverpool University Hospitals NHS Foundation Trust; Liverpool; On-site; GBP 60,000 - 80,000; Full time

Job summary

A major healthcare trust in the UK is looking for a finance professional to support budget management and financial analysis. The role involves working closely with clinical managers to enhance budgetary control and improve financial performance. Candidates must be CCAB qualified accountants with NHS experience and strong leadership abilities. Competitive salary and opportunities for flexible working are offered.

Benefits

Flexible working options

Commitment to equality and diversity

Professional development opportunities

Qualifications

• CCAB Qualified Accountant with experience in NHS financial management.
• Demonstrated leadership skills and the ability to motivate a team.
• Experience in developing financial reports and budgets.

Responsibilities

• Provide financial management information and support to budgets.
• Oversee annual budget setting and monitor financial performance.
• Engage with Clinical Directors to identify cost improvement opportunities.

Skills

Financial analysis

Budget management

Strong communication skills

NHS financial regime knowledge

Leadership ability

Education

CCAB Qualified Accountant

Degree level education

Tools

Microsoft Office

Job description

Overview

Provide support to the Assistant Head of Finance in the delivery of highly specialist support to the corporate decision making process with respect to the financial and statutory obligations of the Trust's Financial Management function. The role has responsibility for providing comprehensive financial management information and support to a group of clinical and departmental budgets. Be a key member of the Trust's Financial Department and contribute to the delivery of its overall objectives. Provide financial information and advice to the Divisional General Manager, Clinical Directors and other managers within the relevant Directorates. Meet regularly with these managers to identify potential financial problems early and take corrective action as necessary. Take overall responsibility for all aspects of budgetary management within the relevant directorates, including monitoring performance and advising on corrective action. Lead the Division in the annual budget setting process and implement and monitor recharging mechanisms to improve budgetary control (e.g. Radiology). Authorise specific expenditure within the Directorates (e.g. Works recharges) and the advertisement of vacant posts to ensure funding is available. Actively participate in and contribute to the formulation and implementation of the Divisional Business Plans in line with the Trust's strategic aims and objectives, and provide support and advice on financial and non-financial aspects of the Plans. Provide the Head of Management Accounts with information to enable corporate reporting, including explanations of significant variance movements for inclusion in the Trust Board Report. Support Clinical Directors and Service Managers in identifying and achieving cost improvement and income generation targets, undertaking reviews of existing practices to improve efficiency. Develop new costing and budgeting methodologies for managerial and commercial use. Review Directorates costs relative to national norms and other provider units and verify significant variations. Monitor the service provided by the relevant Directorates to other Trusts under Service Level Agreements (SLA) and renegotiate SLAs as necessary. Take financial responsibility in competitive tendering processes to ensure best value and prepare financial option appraisal reports for presentation to the Trust Board with recommendations.

• CCAB Qualified Accountant
• Evidence of commitment to continued professional development

Desirable criteria

• Educated to degree level, Post-qualification experience
• Evidence of innovative approach in analysing and drawing conclusions from complex financial and performance data
• Experience of staff management/development
• Evidence of track record of achievement
• NHS financial management experience
• Experience of working with senior managers and clinicians; in-depth knowledge of: financial planning; budgetary strategy & control; NHS Trust financial regime; NHS business case process; highly numerate
• Evidence of involvement in dealing with complex change issues
• Ability to lead and motivate staff
• Open and developmental leadership style; commitment to staff development
• Decisive and able to use own judgement; knowledge and understanding of HR policies
• Strategic and innovative thinker; excellent written and verbal communication skills with diverse audiences
• Well developed influencing and negotiation skills
• Proficient in using current business software (e.g. Microsoft Office) and applying it to complex financial models
• Strong analytical and reasoning skills with attention to detail
• Understanding of NHS structures

Additional information

An exciting opportunity has become available to join the Management Accounts Team at Liverpool University Hospitals NHS Foundation Trust (LUHFT). LUHFT is one of the UK's largest trusts serving a core population of around 630,000 across Merseyside and related areas, with highly specialised services for over two million people in the North West. The Group includes Aintree University Hospital, Broadgreen Hospital, and Royal Liverpool University Hospital, and collocates with Liverpool Women’s NHS Foundation Trust to form the NHS University Hospitals of Liverpool Group. The Trust is committed to world-class financial management and services through its people, care, ambition and innovation.

Note: Under current Home Office Immigration Rules we are unable to offer right to work visa sponsorship for Band 2 and 3 roles with a salary below £25,000 per annum. Shortlisting will be based on meeting the person specification. The Trust reserves the right to close vacancies early when a sufficient number of applications have been received. Flexible working options may be available from day one. The Trust is committed to equality, diversity and safeguarding; applicants are encouraged from under-represented groups. DBS processing costs may be recovered via salary deduction following start in post. Details on DBS fees and sponsorship considerations are available in the recruitment documentation. New entrants to the NHS commence on the first pay point of the relevant band.