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Finance Business Partner

Employer
University Hospitals of Leicester NHS Trust
Location
Leicester
Salary
£35,392 to £42,618 a year
Closing date
21 Jul 2024

View more

Profession
Other Health Profession
Grade
Band 6
Contract Type
Permanent
Hours
Full Time
This is a split role between technical accounting and financial management of the trust subsidiary. The post holder will provide dedicated support in the production and reporting of the monthly and annual financial position. The post holder will develop the provision of a technical accounting service to the Trust and subsidiary. The successful candidate will ensure that transactions and information provided are accurate, timely and produced to recognised standards. The post has responsibility for developing and maintaining control account reconciliations, ensuring that these are kept up to date and are presented in a user friendly format. As part of this post, there will be a requirement to assist in responding to audit queries and implementing audit recommendations. The postholder will be required to supervise junior members of the team.

Main duties of the job

Maintain proper accounting records to recognised standards in order to produce accurate financial reporting on a monthly basis and achieve annual statutory accounts requirements for both UHL and its subsidiary TGH.

Maintain a financial coding structure in respect of balance sheet codes to enable efficient production of monthly reporting and annual account information.

Maintain and develop the Trust's accounting systems including the control account reconciliations and any systems which may be implemented relating to these.

Ensure control accounts are reconciled in accordance with agreed timescales, in a consistent and meaningful way and any appropriate corrective action is taken.

Provide reports and information in respect of financial accounts and budget reports for TGH in a timely manner.

About us

Our new strategy, developed with the support and feedback of colleagues, patients, and partners, is our compass for the next seven years (2023-2030).

We have four primary goals:
  • high-quality care for all,
  • being a great place to work,
  • partnerships for impact, and
  • research and education excellence

And we will embed health equality in all we do - taking active steps to reduce the avoidable differences in healthcare that some people face, working in partnership with communities.

Our strategy is underpinned by new values and we will work to ensure they are an everyday reality for all:
  • we are compassionate,
  • we are proud,
  • we are inclusive, and
  • we are one team

This is an exciting moment as we look to the future with clarity on what we already do well and where we need to focus our energies to make an even bigger difference for the people we serve.

About the University Hospitals of Leicester NHS Trust:

http://www.leicestershospitals.nhs.uk/aboutus/work-for-us/current-vacancies/

Job description

Job responsibilities

Assisting with the preparation of the annual plan for TGH.

Preparation of relevant working papers and calculations that will be presented to the TGH board for approval.

Monitor the performance of TGH in financial terms including, liaising with operational managers as necessary and providing forecasts.

Completion of VAT returns for the trust and the subsidiary. Maintaining an up to date understanding of COS rules in the NHS.

Completion of VAT reviews to ensure the correct VAT treatment has been applied to transactions.

Ensure compliance with relevant IFRS accounting standards and practices and NHS Manual for Accounting guidelines.

Ensure Corporate Governance (financial controls), Standing Orders, Standing Financial Instructions, financial procedures and other standards as determined by the Chief Financial Officer are up to date at all times and ensure that these are complied with, working with colleagues to promote good governance practice and the highest standards of business conduct.

Work with Internal Audit as required, leading on the implementation of action plans arising from Audit recommendations in order that the department achieves and sustains the highest standards of probity, compliance and professionalism.

Provide support as necessary in other areas of Financial Accounts in relation to specific projects or peaks in workload.

Adopt a flexible team approach in terms of cover for colleagues within the department.

Contribute to quality improvement projects which improve the efficiency and the cost effectiveness of the service.

Ensure compliance with appropriate HR/Finance policies and practices.

Person Specification

Training & Qualifications

Essential

  • Post-graduate diploma or equivalent experience.


Desirable

  • CCAB Qualified Accountant or Passed Finalist
  • Evidence of continual professional development and a commitment to ongoing personal development


Experience

Essential

  • Directly relevant experience of working in finance in a large complex multi-disciplinary organisation
  • Sound working knowledge/experience of the functions and processes involved in financial accounting/reporting
  • Experience of advising finance and non-finance managers on matters relating to their own area, providing detailed advice and guidance
  • Experience of delivering period end reporting (including year-end) and working to tight deadlines
  • Experience of IT, including advanced spreadsheets, computerised financial ledgers and financial modelling systems. Excellent working knowledge of MS Office


Desirable

  • Recent experience of working within an acute NHS Trust finance department
  • Experience of using an NHS computerised general ledger system
  • Knowledge and understanding of the NHS and the workings of the NHS finance regime
  • Experience in assisting with the production of year end accounts.
  • Experience in financial management.


Communication and relationship skills

Essential

  • Strong interpersonal skills, with ability to develop and sustain productive relationships with team members, colleagues and other managers
  • Possess excellent verbal & written communication skills and have the ability to convey complex financial issues to non-finance managers
  • Encourages a customer-focused business like approach from staff and leads by example
  • Display tact & diplomacy in sensitive situations
  • Provide expert advice on complex financial issues and develop good working relationships with non-financial managers, staff & customers
  • Participate fully & offer ideas during discussions regarding interpretations of policy / procedures etc. or when initiating new procedures
  • Adopt a positive, proactive and supportive approach.


Analytical and Judgement skills

Essential

  • Possess numerical and analytical skills, including the ability to assimilate & interpret complex data and make resultant judgements
  • Ability to analyse and model complex financial data and trends using a wide range of data and assumptions
  • Ability to work within policies and procedures with a high degree of autonomy


Desirable

  • The ability to undertake training sessions on finance matters to non-specialists


Skills

Essential

  • Requires standard keyboard skills / inputting financial data where speed and accuracy are necessary


Planning and organisation skills

Essential

  • Ability to work on own initiative/self-starter, but integrate within the team
  • Ability to plan, organise and achieve objectives/tasks set within specified time frames
  • Make daily adjustments to plans and schedules in order to deal with organisation requirements and to ensure targets are met
  • Be well organised
  • Capacity to concentrate to complete tasks in a busy office environment
  • Undertake planning & delivery of strict year end requirements & deadlines
  • Able to keep abreast of technical accounting developments which will impact on accounting treatments
  • Plan and organise the workloads of two junior members of the team.
  • Organise the VAT agenda within the trust


Other requirements specific to the role

Essential

  • Have a flexible approach to working and be available to work outside normal hours as and when required


Commitment to Trust Values and Behaviours

Essential

  • Must be able to demonstrate behaviours consistent with the Trust's Values and Behaviours


Equality, Diversity and Inclusion

Essential

  • Able to demonstrate a commitment and understanding of the importance of treating all individuals with dignity and respect appropriate to their individual needs
  • All staff are expected to engage in compassionate and inclusive leadership in the provision of high quality care and interactions with others


Employer details

Employer name

University Hospitals of Leicester NHS Trust

Address

County Hall

Leicester

LE3 8RA

Any attachments will be accessible after you click to apply.

358-6348479-COR

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