Finance Manager

Newham Health Collaborative

Stratford-upon-Avon

GBP 40,000 - 60,000

Job description

Job summary

With an annualturnover of approximately £8 million and a dedicated staff of around 100individuals, we are currently seeking an experienced and highly motivatedFinance Manager to lead our small but dedicated Finance team. The idealcandidate should be a qualified accountant or nearing the final stages ofcertification, with a solid understanding of healthcare and primary carelandscapes. Your expertise in compiling and presenting financial accounts forsmall companies will be invaluable.

Being a Community InterestCompany, we are financially independent and undergo annual audits by externalauditors. As a vital part of our senior team, you will work alongside theFinance Director to drive our organization forward in alignment with the visionset by our GP-led Board. This role at NHC presents a platform for continuousprofessional growth, providing exposure to our esteemed senior leadership team.Join us and be a catalyst in propelling our organisation towards greatersuccess.

This opportunity isexclusively open to individuals residing in the UK. If you're a skilled FinanceManager based in the UK with a passion for healthcare and a knack for financialmanagement, this role within our Community Interest Company might just be theperfect fit for you. Join our team and be a driving force in shaping our organisation's success within the UKlandscape.

Main duties of the job

The core responsibilities of this role are pivotal for our business growth and maintaining our financial reliability. You'll lead a tight-knit finance team of three dedicated members, working within a robust senior management framework overseen by a supportive board. Our organisation boasts well-established financial systems and streamlined processes, incorporating a high level of automation.

As Finance Manager at NHC, your focus will span several crucial areas:

Financial Systems Oversight: This involves strategizing and executing financial services, managing systems, and optimizing bank accounts, ensuring full adherence to legal protocols.

Management of Financial Procedures: You'll supervise invoicing, payment oversight, payroll, reconciliations, accruals, and specifically handle budget management for Primary Care Networks (PCNs).

Financial Reporting: Your role encompasses crafting financial reports, forecasts, and ensuring strict compliance with regulatory bodies such as HMRC and Companies House.

Additionally:

Ad hoc tasks and reporting as and when requested by FD and SLT
Complete and timely reporting on Month end P&L, B/s and Cashflow projection of the organisation

We also want to emphasise that we are open to considering both full-time and flexible working arrangements to accommodate the needs of our potential candidates.

About us

Newham Health Collaborative(NHC)CIC is a GP federation representing all the GP practices within the Newhamborough boundaries. This covers a population of approximately 400,000 patients.We are established as a Community Interest Company, wholly owned by our 43 GPpractice members. We invest any surplus we secure into services for primarycare and our patients.

Although Covid vaccinations areno longer a mandatory requirement within the NHS, NHC continue to encourage andsupport the vaccination uptake as this remains the best line of defence againstCovid19. The safety of our staff and Newhams patients is a top priority for usat NHC.

Please review the attached Job Description and Specification, and submit your application via NHS Jobs, detailing how your qualifications and experience align with the requirements for this position

Job description

Job responsibilities

The post holder, in the role of Finance Manager, is responsible for engaging with internal and external stakeholders, maintaining financial control systems, and supporting the organization's objectives. They report to the Finance Director . Their key responsibilities include:

Financial Systems Management:

Planning and managing financial and human resources in line with the organization's financial strategy.
Procuring and maintaining financial systems and processes.
Managing bank accounts and funds for the organization and affiliated Primary Care Networks (PCNs).
Reconciling financial data with GP practices and ensuring compliance with various contracts.
Maintaining share capital records and compliance with regulatory bodies.
Supporting budget holders and providing financial guidance.

Financial Processes Management:

Ensuring accurate invoicing and recording of income and expenditure.
Managing payment processes and compliance with financial instructions.
Overseeing payroll functions and ensuring timely settlements.
Reconciling control accounts and managing accruals.
Handling PCN finances, ledger systems, and payments.
Monitoring financial variances and supporting PCN claims.

Financial Reporting:

Providing financial management services to budget holders.
Preparing financial reports, forecasts, and variance analyses.
Ensuring compliance with regulatory reporting requirements.
Managing VAT returns and audit processes.
Coordinating the submission of financial accounts.

Communication & Relationships:

Engaging with various internal and external stakeholders.
Representing the organization in meetings and presenting complex financial information.
Collaborating with member practices and commissioners.
Sharing financial expertise and knowledge.

Knowledge, Training & Experience:

Offering financial advice and ensuring regulatory compliance.
Sharing technical accounting knowledge and VAT expertise.
Providing training and coaching as needed.

Analytical, Budgetary, and Judgment Skills:

Collaborating on budget and financial planning.
Creating financial models and spreadsheets.
Independently interpreting information and accounting standards.

Planning and Organisation Skills:

Supporting the annual budget-setting process.
Identifying and interpreting healthcare policies.
Contributing to pricing and risk assessments for new projects.

Service and Policy Development:

Researching best practices and advising on policy implementation.
Providing financial expertise on contracts and agreements.
Ensuring financial policies and procedures are followed.

Responsibility for supporting Human Resources Policies:

Managing staff members and their day-to-day activities.
Handling recruitment, performance, training, and discipline.
Addressing staff needs and concerns.

In summary, the Finance Manager plays a crucial role in maintaining financial control, ensuring compliance, and providing financial guidance to support the organisation's growth and objectives.

Job description
Job responsibilities

The post holder, in the role of Finance Manager, is responsible for engaging with internal and external stakeholders, maintaining financial control systems, and supporting the organization's objectives. They report to the Finance Director . Their key responsibilities include:

Financial Systems Management:

Planning and managing financial and human resources in line with the organization's financial strategy.
Procuring and maintaining financial systems and processes.
Managing bank accounts and funds for the organization and affiliated Primary Care Networks (PCNs).
Reconciling financial data with GP practices and ensuring compliance with various contracts.
Maintaining share capital records and compliance with regulatory bodies.
Supporting budget holders and providing financial guidance.

Financial Processes Management:

Ensuring accurate invoicing and recording of income and expenditure.
Managing payment processes and compliance with financial instructions.
Overseeing payroll functions and ensuring timely settlements.
Reconciling control accounts and managing accruals.
Handling PCN finances, ledger systems, and payments.
Monitoring financial variances and supporting PCN claims.

Financial Reporting:

Providing financial management services to budget holders.
Preparing financial reports, forecasts, and variance analyses.
Ensuring compliance with regulatory reporting requirements.
Managing VAT returns and audit processes.
Coordinating the submission of financial accounts.

Communication & Relationships:

Engaging with various internal and external stakeholders.
Representing the organization in meetings and presenting complex financial information.
Collaborating with member practices and commissioners.
Sharing financial expertise and knowledge.

Knowledge, Training & Experience:

Offering financial advice and ensuring regulatory compliance.
Sharing technical accounting knowledge and VAT expertise.
Providing training and coaching as needed.

Analytical, Budgetary, and Judgment Skills:

Collaborating on budget and financial planning.
Creating financial models and spreadsheets.
Independently interpreting information and accounting standards.

Planning and Organisation Skills:

Supporting the annual budget-setting process.
Identifying and interpreting healthcare policies.
Contributing to pricing and risk assessments for new projects.

Service and Policy Development:

Researching best practices and advising on policy implementation.
Providing financial expertise on contracts and agreements.
Ensuring financial policies and procedures are followed.

Responsibility for supporting Human Resources Policies:

Managing staff members and their day-to-day activities.
Handling recruitment, performance, training, and discipline.
Addressing staff needs and concerns.

Qualified accountant or Finalist with a minimum of 5 years experience of carrying out a function at similar level of seniority.
Evidence of continued personal and professional development
Substantial experience, expertise and knowledge of financial management in healthcare, public or private sector environment
In depth understanding of financial management regime.

Experience

Essential

Knowledge and experience of finance set up within similar organisations and understanding the compliance requirements placed on such organisations by HMRC, Co. House etc.
Experience and expertise of financial reconciliations, budget and forecast management, accounts payable and receivable and payroll.
Experience of working with auditors and managing the audit process
In depth experience of managing junior members of staff, including team planning, performance management and appraisals
Understanding and knowledge of cost and pricing methodology
In-depth knowledge of developing and delivering budgets, financial management, financial controls and financial accounting systems
Experience and knowledge of accounting policies e.g. IFRS and UK Accounting Standards
Expert knowledge of rules surrounding confidentiality, information governance and the Data Protection Act
In-depth understanding/knowledge of financial accounting procedures

Skills & Abilities

Essential

Evidenced high skills and abilities in:
Excellent analytical skills and able to interpret complex data into meaningful information
Operating and experience of commercial focus
Working under own initiative as well as part of a senior team
Ability to deal with and prioritise multiple business objectives
Work with staff at all levels, with specific ability to work with senior team
Communicating with confidence, conviction and enthusiasm
Building and maintaining rapport and effective relationships
Working effectively under pressure and multi-tasking
Experience and knowledge of computerised accounting financial systems, including Xero accounting system
In-depth experience and knowledge in accounting, processing journals
Expertise and high proficiency in the use of IT systems, advanced experience of using Excel, Word and Outlook.

Personal Attributes

Essential

Keen to take on new challenges
Ability to work with minimal supervision
Strong and passionate desire to produce results and achieve successful and positive outcomes and change
Passionate about providing high quality and expert finance service to member practices and NHC colleagues
Brings energy, dynamism and creative problem solving to issues
Committed to respecting and valuing people
Good organiser with realistic time management skills

Person Specification
Qualifications

Essential

Qualified accountant or Finalist with a minimum of 5 years experience of carrying out a function at similar level of seniority.
Evidence of continued personal and professional development
Substantial experience, expertise and knowledge of financial management in healthcare, public or private sector environment
In depth understanding of financial management regime.

Experience

Essential

Knowledge and experience of finance set up within similar organisations and understanding the compliance requirements placed on such organisations by HMRC, Co. House etc.
Experience and expertise of financial reconciliations, budget and forecast management, accounts payable and receivable and payroll.
Experience of working with auditors and managing the audit process
In depth experience of managing junior members of staff, including team planning, performance management and appraisals
Understanding and knowledge of cost and pricing methodology
In-depth knowledge of developing and delivering budgets, financial management, financial controls and financial accounting systems
Experience and knowledge of accounting policies e.g. IFRS and UK Accounting Standards
Expert knowledge of rules surrounding confidentiality, information governance and the Data Protection Act
In-depth understanding/knowledge of financial accounting procedures

Skills & Abilities

Essential

Evidenced high skills and abilities in:
Excellent analytical skills and able to interpret complex data into meaningful information
Operating and experience of commercial focus
Working under own initiative as well as part of a senior team
Ability to deal with and prioritise multiple business objectives
Work with staff at all levels, with specific ability to work with senior team
Communicating with confidence, conviction and enthusiasm
Building and maintaining rapport and effective relationships
Working effectively under pressure and multi-tasking
Experience and knowledge of computerised accounting financial systems, including Xero accounting system
In-depth experience and knowledge in accounting, processing journals
Expertise and high proficiency in the use of IT systems, advanced experience of using Excel, Word and Outlook.

Personal Attributes

Essential

Keen to take on new challenges
Ability to work with minimal supervision
Strong and passionate desire to produce results and achieve successful and positive outcomes and change
Passionate about providing high quality and expert finance service to member practices and NHC colleagues
Brings energy, dynamism and creative problem solving to issues
Committed to respecting and valuing people
Good organiser with realistic time management skills

Disclosure and Barring Service Check

This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.

Employer details

Employer name

Newham Health Collaborative
Address

1st Floor Vicarage Lane Health Ctr

10 Vicarage Lane

Stratford

E15 4ES

Employer's website