Deputy Finance Manager
| Posting date: | 16 May 2024 |
|---|---|
| Salary: | £50,952.00 to £57,349.00 per year |
| Additional salary information: | £50952.00 - £57349.00 a year |
| Hours: | Full time |
| Closing date: | 09 June 2024 |
| Location: | Bury St Edmunds, IP33 2QZ |
| Company: | NHS Jobs |
| Job type: | Permanent |
| Job reference: | C9179-24-0418 |
Summary
Please see job description for full details. Key Responsibilities To assist in the production of annual revenue budgets for the organisation through the budget setting process. Responsible for the collection, review and processing of monthly management accounting information and presentation of all key aspects of this data (including revenue and CIP performance) in the appropriate form for the relevant internal and external governance bodies. To advise the Finance and Performance manager on the availability of resources to discharge the Trusts financial management responsibilities. To support clinical, nursing and operational leads by becoming an integral member of the divisional team. In the process of financial performance management of the Trust, reporting actual performance against the plan and where performance differs significantly to influence operational managers/clinicians in taking corrective action. To lead in the formulation of the financial aspect of the divisional business cases in accordance with the Trusts strategic aims and objectives (as directed by the Finance and Performance Manager). To make the Finance and Performance Manager aware of the risks and benefits of business cases. To advise & recommend options on financial and non-financial aspects of the business plans, including assessment of financial risk and advice regarding the allocation of financial resources. To act in an entrepreneurial and innovative manner, ensuring that all financial opportunities and strategic threats (often including highly complex cross divisional issues) are identified, investigated and acted upon to deliver a balanced financial position for the division. To assist clinical, nursing and operational leads by identifying and achieving cost improvement and income generation targets, undertaking reviews of all existing practices with the aim of improving efficiency. To ensure that the measurement and financial reporting of progress towards the Trust cost improvement programme is robust and auditable. To support and input into the production and timely completion of the year end accounting cycle. To ensure that appropriate analytical review analysis is completed to support the accounts. To continually improve and develop the provision of quality information and financial expertise for the divisions. To deputise for the Finance and Performance manager for the relevant Clinical Division To ensure the Trusts interests are served in the provision and receipt of services from partner organisations (e.g. Universities, NHS Trusts, ICBs) and the commercial sector. To ensure that robust financial forecasting is undertaken in a professional manner which provides effective early warning of potential future problems which enable financial risks to be effectively managed. Ensure there are appropriate systems and processes in place which deliver a continuous process of improved efficiency and value for money using external sources of benchmarking where available and that the delivery of Trust cost improvement programme is effectively delivered.