Job summary

Head of Financial Planning and Costing

Permanent

Full time- 37.5 hours per week

�70,417 - �81,138 per annum

Closing Date- 31st May 2023

Interview Date- TBC

Are you looking for an exciting opportunity to join a dynamic, forward thinking finance team? This may be the role for you.

Please note we also have a Head of Financial Management role out to advert, should you be interested in both roles please kindly submit your application to both vacancies. Interviews will be held on the same day.

This post may close early due to high numbers of applicationsso you are advised to apply promptly.

A great and friendly place to work, so bring your passion, commitment and expertise and enjoy the opportunities to make a difference every day.

#JoinTeamEliot

Main duties of the job

• Responsible for financial planning, both short and long term.Support strategic business cases
• Develop and maintain the long-term financial mode
• Provide comprehensive organisational costing information

Main Duties & Responsibilities Overview

• Long term financial model & monitoring
• Annual Planning
• Financial Performance
• Costing
• Strategic Projects
• Communication and engagement
• System values

About us

Here at George Eliot our vision to 'excel at patient care' takes centre stage. An ever evolving clinically-led acute service provider we are on a journey to continually provide high quality, safe and responsive services delivered by inspiring, friendly and compassionate staff who share our corporate values which underpin everything we do. Our values are not just words on a piece of paper, they bond us together, reflect our ambition and shape who we are:

Effective Open Communication

excellence and safety in everything we do

Challenge but support

Expect respect and dignity

Local health that inspires confidence

Benefits: On-site nursery, 27 days minimum annual leave plus bank holidays, cycle to work scheme, flexible working, on-site discounted gym, extensive in-house course learning directory, buying and selling of annual leave, subsidised restaurant, tranquillity garden and generous subsidised on-site parking.

Job description

Job responsibilities

Long term financial model & monitoring

To support the development of a long-term financial model for the system

To update the long-term financial model to ensure it is kept live with the in-year and forecast position

To work with the STP workstream leads and Place Boards to assimilate system savings and areas of mutual dependency

To ensure that the STP finance advisory board have a good understanding of the model and secure their input into its design and operation

To undertake benchmarking in order to test financial performance

Contribute to the development of long-term financial strategy

To work with individual organisations to interpret the strategic estates strategy to facilitate agreement of a long-term capital programme

Annual Planning

To deliver the annual system financial plan through liaison with individual organisations and system groups, ensuring that there is a read through to the organisational operational delivery plans

To deliver all financial external requirements requested by the STP Board and NHSI/E

To work with individual organisations to collectively prioritise annual capital programme including embedded loan requirements

Financial Performance

To support in the reporting and interpretation of in year financial performance information

Costing

To provide comprehensive organisational costing information covering both Service Line Reporting and Reference Costs

Lead on the production of Activity & Income reporting to support the production of the monthly financial position, and provide appropriate performance analysis and reporting for the Trust

Take the lead for the development and management of costing systems within the Trust to enable regular provision of Service Line Reporting and the annual Reference Costs submission, with direct line management for the Costing Accountant

Strategic Projects

To support with any upcoming strategic projects

Other

Additional duties appropriate to the grade as required from time to time.

Plan and deliver financial training to finance and non-finance staff. This may involve Finance Skills Development (FSD) Lead and/or Student Skills Development (SSD) Lead shared with Other Heads of Finance

Communication and engagement

To translate complex financial data into key information to both finance and non finance staff

To give prepare and deliver presentations to a wide range of senior staff

To engage the wider audience of the system to understand the linkages between service deliverables and financial impact

System values

To support public sector values and champion the NHS Constitution

To adopt a team approach and develop matrix working to reinforce integration and ensure the best use of skills and knowledge

To maintain knowledge of latest NHS, social care and wider public sector policy and guidance, of views of health-related think-tanks and of current thinking on strategy

To adhere to the standards laid down in the NHS Code of Conduct of Managers.

To maintain the complete confidentiality of all material and information to which they have access and process

To act honestly and openly and comply with relevant corporate governance requirements, employment legislation, standards of business conduct, codes of openness and accountability.

Please find attached job description and person specification for further details.

Person Specification

Experience & Knowledge

Essential

• Significant relevant financial management experience within a complex organisation, including post qualifying experience
• Demonstrable evidence of promoting continuous improvement and high professional standards
• Experience of successfully managing a large complex budget, monitoring and forecasting expenditure
• Experience of contributing to complex business cases
• Staff management experience
• Experience of presenting information to non-specialist colleagues including senior clinicians (or equivalent)
• Experience of presenting and/or providing training to multi-disciplinary groups
• Highly developed skills in analysing complex financial data and information and producing concise and understandable recommendations from it
• Able to make financial judgements on complex and/or sensitive issues where other leading options may conflict
• Ability to anticipate problems, appraise risks, consider overall implications and make effective decisions
• Knowledge of budget setting processes and techniques
• Advanced theoretical and practical knowledge of financial modelling techniques, including advanced spreadsheet skills
• Able to influence others to achieve desired goals outside of a line management relationship
• Highly numerate with excellent analytical skills

Desirable

• Experience of financial planning on an organisational basis
• Practical experience of applying benchmarking techniques
• Acute Sector experience
• Knowledge of NHS legislation and NHS finance policies.
• Training, coaching and mentoring skills

Any attachments will be accessible after you click to apply.

230-43535410-CORP