Job summary
- Main area
- Finance
- Grade
- Band 8B
- Contract
- Permanent
- Hours
- Full time
- Flexible working
- Job ref
- 391-RFL-6844819-A
- Employer
- Royal Free London NHS Foundation Trust
- Employer type
- NHS
- Site
- Barnet Hospital
- Town
- Barnet
- Salary
- 拢67,950 - 拢78,028 per annum, inclusive of HCAS
- Salary period
- Yearly
- Closing
- Today at 23:59
Employer heading
Band 8B - Finance Business Partner
Band 8B
Our trust has over 17,000 staff serving 2 million patients every year. It comprises Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital, North Middlesex University Hospital and more than 30 services in the community.听 This larger scale organisation provides an unprecedented opportunity for us to continue our pioneering work, particularly in finding ways to deliver even better care to our patients.
Our mission is to deliver world class care and expertise in our clinical services, underpinned by world class teaching and research and we will continue to measure our progress against our five governing objectives: excellent outcomes, excellent patient and staff experience, excellent value for taxpayers鈥 money, being safe and meeting our external duties, and building a strong organisation.
Everyone is welcome at Royal Free London NHS Foundation Trust. We're proud of our diversity and we continue to undertake new initiatives to advance equality for LGBT+, BME, gender equality, staff carers and people with disabilities and lived experiences to promote good relations and understanding between our staff.
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Job overview
1 WTE Based at Barnet Hospital
To support the operational and non-operational managers of a number specified divisions and service lines in delivering their financial strategy and key financial goals, through the provision of high quality financial management, control and planning services, advice and support. 听This involves strategic, organisational and operational discussion, analysis and reporting to enable the efficient an effective use of service line resources.
Main duties of the job
To provide financial support to development of divisional FIP/ savings plans and monitor the delivery of these plans.
Responsible for the preparation and review of business cases ensuring that all costs/ income/ benefits are fully understood and those decisions on new initiatives are taken with full knowledge of the financial implications.
Preparation of annual budgets, focused on service line profitability and including providing challenge to service line assumptions.
Responsible for financial negotiations in relation to service line contracts both internally and externally.
To enhance and develop the financial analytical support in order to help managers to develop their services in a cost-effective way. 听In particular the development of planning and monitoring policies and procedures.
As a member of a multidisciplinary management team will attend key board and committees and be involved on a daily basis with the operations of assigned service lines.
Working for our organisation
The Royal Free London NHS Foundation Trust is one of the UK's biggest and most innovative trusts. 听Across three main hospitals, our dedicated army of staff care for over 1.6million patients, treat more than 200,000 in A&E, deliver over 8,000 babies and carry out more than 17million tests.
Our size, scale and influence offer you unrivalled career opportunities and a forward-thinking approach to working that works around your lifestyle. 听From flexible hours and generous benefits, to next level training, we make it easier to take your career to the top.
For more information please follow linkhttps://www.royalfreelondonjobs.co.uk/
Detailed job description and main responsibilities
Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.
Please note that while the job description and person specification state the job title as Business Analyst, this is going through a process to be changed to Finance Business Partner. The requirements of the role are identical and it is just a different name for the role.
PREVIOUS APPLICANTS NEED NOT APPLY听
Person specification
Education & professional Qualifications
Essential criteria
- Professional qualification in accountancy (CIMA, ACA, CIPFA, ACCA)
- Expert knowledge gained through specialist training or experience.
- Evidence of maintaining and developing technical accounting expertise and of staying up to date with current accounting rules since qualification
Desirable criteria
- Degree
- 3 A levels
- First time accountancy examination passes
Experience
Essential criteria
- Post qualification analytical financial management experience
- Successful experience of managing teams including experience of leading management accounting teams
- Experience of managing budget setting in large and highly complex organisations
- Experience of producing financial monitoring reports to Senior Management/Directors for large and highly complex organisation
- Knowledge and experience of financial systems
Desirable criteria
- Experience of managing and developing financial management teams
- NHS financial management experience
- Acute hospital financial management experience
Skills and aptitudes
Essential criteria
- Leadership qualities and influencing skills: 鈥 Ability to understand complex situations 鈥 Ability to work in a professional and positive manner and meet challenging deadlines. 鈥 Able to challenge effectively while maintaining relationships 鈥 Pro -active, Dynamic and flexible 鈥 Ability to work autonomously 鈥 Demonstrating initiative to work as an individual to meet deadlines
- Ability to operate as part of the leadership of the department, proactively identifying ways to improve and working with others in the department to initiate these changes
- Strong analytical skills with the ability to solve highly complex financial problems
- Excellent verbal and written communication skill s The ability to manage time, meet deadlines and prioritise delivering to tight deadlines and managing the demands of senior stakeholders simultaneously
- Ability to make use of systems (initially Excel, PowerPoint, Microsoft Word) to prepare and present accurate, clear information and to identify what can be produced from other financial systems
- Strong organisational skills and ability to prioritise
- Flexible and able to manage workload to ensure delivery of both regular commitments and the support of Trust wide initiatives
- The ability to provide advice and support from across all of the accounting disciplines is essential
- Able to influence others, and be able to present a coherent case in support of a desired Ability to present and explain complex financial information in a manner that can easily be understood by non -finance managers
- Ability to analyse areas of work to identify areas which would benefit from continuous improvement
- Confident in taking decisions when needed yet knowing when to ask advice/ guidance or to gain approval before embarking on a specific course of action
- Record of improving processes and reporting in previous roles
Personal Qualities & attributes
Essential criteria
- Able to communicate clearly and concisely both verbally and in writing
- Flexible team player, willing to 鈥榬oll up sleeves鈥 where necessary
- Able to inspire and motivate others
- Positive 鈥榗an do鈥 attitude
- Embraces change
- Resilient to cope with challenge and criticism
Values
Essential criteria
- Demonstrable ability to meet the Trust Values
Employer certification / accreditation badges
Applicant requirements
You must have appropriate UK professional registration.
Application numbers
Documents to download
Further details / informal visits contact
- Name
- Rashel Ahmed
- Job title
- Director of Financial Performance
- Email address
- [email protected]
- Additional information
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