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Finance Manager

Employer
Liverpool University Hospitals NHS Foundation Trust
Location
Liverpool
Salary
£50,952 to £57,349 per annum
Closing date
9 Aug 2024
View moreView less
Profession
Other Health Profession
Grade
Band 8A
Contract Type
Permanent
Hours
Full Time
An exciting opportunity has become available to join the Management Accounts Team at Liverpool University Hospitals NHS Foundation Trust (LUHFT).

LUHFT is one of the UK's largest trusts, serving a core population of around 630,000 people across Merseyside as well as providing a range of highly specialist services to a catchment area of more than two million people in the North West region and beyond.

Our mission statement is short yet powerful of: by working together we will deliver outstanding healthcare. Collaboration throughout the Trust is central to our mission and the values of the Trust are represented in our excellent finance team with an aim to strive to provide world class financial management and services through great people, great care, great ambition and great innovation. Core to this is our staff, their career journey and development. The current opportunity is for an enthusiastic individual to join our friendly and talented Financial Management Team within the Corporate Division, seizing the opportunity to develop their skills and knowledge within a large vibrant Trust and finance department who have won multiple awards in recent years ranging from team of the year to the Havelock award, which recognises best practice in finance skills development.

Main duties of the job

The post holder will have specific responsibility for providing comprehensive financial management and support to a group of clinical and departmental budgets.

The role will support the site senior financial leadership in providing expertise on all financial matters to the Division

About us

Liverpool University Hospitals NHS Foundation Trust was created on 1 October 2019 following the merger of two adult acute Trusts, Aintree University Hospital NHS Foundation Trust and the Royal Liverpool and Broadgreen University Hospitals NHS Trust.

The merger provides an opportunity to reconfigure services in a way that provides the best healthcare services to the city and improves the quality of care and health outcomes that patients experience.

The Trust runs Aintree University Hospital, Broadgreen Hospital, Liverpool University Dental Hospital and the Royal Liverpool University Hospital.

It serves a core population of around 630,000 people across Merseyside as well as providing a range of highly specialist services to a catchment area of more than two million people in the North West region and beyond.

To hear more about our achievements click herehttps://www.liverpoolft.nhs.uk/media/13089/1606-annual-report-booklet_final.pdf

Follow us on Social Media:

Facebook - Liverpool University Hospitals Careers

Instagram - @LUHFTcareers

Twitter - @LUHFTcareers

Job description

Job responsibilities

Key Responsibilities
  • To provide financial information and advice to the Divisional General Manager, Clinical Directors and other managers within the relevant Directorates. To meet regularly with these managers to ensure that any potential financial problems are identified early enough for corrective action to be effective.
  • To have overall responsibility for all aspects of budgetary management within the relevant directorates, including monitoring of performance and providing advice on corrective action as necessary. To take a lead role in the Division in annual budget setting process.
  • To undertake lead responsibility for the implementation and monitoring of recharging mechanisms to improve budgetary control (e.g. Radiology). To take responsibility for the authorization of specific expenditure within the Directorates (e.g. Works recharges) and the authorization for the advertisement of vacant posts to ensure that funding is available.
  • To actively participate in and contribute to the formulation and implementation of the Divisional Business Plans in accordance with the Trusts strategic aims and objectives. To provide support and advice on financial and non-financial aspects of the Business Plans.
  • To provide the Head of Management Accounts with the information necessary to enable corporate reporting. This will include explanation of significant variance movements for inclusion in the Trust Board Report.
  • To assist Clinical Directors and Service Managers in identifying and achieving cost improvement and income generation targets, undertaking reviews of all existing practices with the aim of improving efficiency.
  • To participate in the development of new costing and budgeting methodologies to provide information for both managerial and commercial purposes.
  • To review, for the relevant Directorates, Aintrees costs relative to national norms and other provider units and establishing verification of significant variations.
  • To monitor the service provided by the relevant Directorates to other Trusts in accordance with the Service Level Agreements. To discuss and renegotiate these SLAs as necessary.
  • To take financial responsibility in the competitive tendering process to ensure that best value is achieved. To prepare financial option appraisal reports for presentation to the Trust board incorporating recommendations.
  • To assist the Head of Management Accounts in the management and reconciliation of the Trusts reserves.
  • To be responsible for the day to day management of the Management Accounts Assistants including identifying training and development requirements and ensuring that personal development plans are in place.
  • To be responsible for the recruitment selection and appointment of staff working within the department in accordance with the Trusts employment policies and procedures and legal requirements.
  • To participate in the provision of Financial Awareness Training to non-finance staff within the Trust and to organisations utilizing the Trusts on-site training facilities.

General Responsibilities
  • To provide input as required to the Trusts statutory financial reports.
  • To ensure that the Trusts standing financial instructions and codes of procedures are adhered to at all times.
  • To represent the Head of Management Accounts in various internal and external meetings and seminars as and when required.
  • To act as a signatory to the Trusts bank mandate schedule to ensure that the appropriate financial controls associated with this process are adhered to.
  • To open and acknowledge the receipt of tenders in accordance with the Trust Standing Orders and Standing Financial Instructions.
  • To assist generally in the financial management of the Trust.


Person Specification

Qualifications

Essential

  • CCAB Qualified Accountant
  • Evidence of commitment to continued professional development


Desirable

  • Educated to degree level


Experience

Essential

  • Post-qualification experience
  • Evidence of innovative approach in analysing and drawing conclusions from complex financial and performance data
  • Experience of staff management/development
  • Evidence of track record of achievement


Desirable

  • NHS financial management experience
  • Experience of working with senior managers and clinicians


Knowledge

Essential

  • Demonstrate In depth knowledge of: - Financial planning - Budgetary strategy & control - NHS Trust financial regime - Sound knowledge of NHS business case process


Skills

Essential

  • Highly numerate
  • Evidence of involvement in dealing with complex change issues
  • Ability to Lead & Motivate Staff
  • Open and developmental leadership style
  • Demonstrate commitment to staff development.
  • Decisive and able to use own Judgement
  • Knowledge and understanding of HR policies.
  • Strategic and innovative thinker
  • Excellent written and verbal communication skills via a variety of media and forums, with a wide range of people from all levels both from within and outside of the Trust
  • Well developed influencing and negotiation skills
  • Proficient in use of current business software (e.g. Microsoft Office) and able to apply this to the development of complex financial models
  • Strong analytical and reasoning skills supported by attention to detail


Desirable

  • Understanding of structures of NHS
  • Knowledge of Acute Hospital Environment


Other

Essential

  • Able to Work Effectively as Part of a team
  • Demonstrates commitment to the job
  • Able to manage conflicting demands and plan appropriate strategy
  • Act with integrity and professionalism at all times
  • Willingness to work flexibly.


Employer details

Employer name

Liverpool University Hospitals NHS Foundation Trust

Address

Aintree Site

Finance Department, Aintree House, Longmoor Lane

Liverpool

L9 7AL

Any attachments will be accessible after you click to apply.

287-CEF-290-24

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