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Deputy Finance Business Partner

Employer
Bolton NHS Foundation Trust
Location
Bolton
Salary
£35,392 to £42,618 a year pa (band 7 £43,742 - £50,056)pa
Closing date
22 Aug 2024
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Profession
Other Health Profession
Grade
Band 6
Contract Type
Permanent
Hours
Full Time
We're a humble Trust but we are proud of our strengths: our clinical performance and sound operations - rooted in patient safety, robust governance and continuous quality improvement our highly engaged staff, whose passion for patient care creates a palpable, warm and welcoming spirit and, the innovative way we work with our partners. We are good - the CQC recognised this in May 2023 and our staff tell us this every time we ask them. But we want to be outstanding. Not for ourselves, but for the communities we serve.

We have clear ambitions for our finance function to be the very best it can be. The Deputy Finance Business Partner role will contribute to guiding and shaping that journey at both divisional and trust levels. We are looking for an individual who can use their initiative to deal with a constantly changing and challenging dynamic division.

Main duties of the job

This exciting opportunity will allow the successful candidate to work in an engaging and forward-thinking organisation and be responsible for key objectives such as:
  • Ensuring comprehensive and timely monthly reporting of Directorates' financial position.
  • Supporting the setting of the Directorate revenue budgets
  • Assisting in the training of budget holders and managers in budgetary management and control.
  • Assisting in the training and development of individuals within Financial Management.
  • Deputising for the Finance Business Partner when required

As this is a progression role you may be studying towards and have ambitions to be a fully CCAB or CIMA qualified accountant or have a transferrable level of experience. To gain the Band 7 you will be expected to be a fully qualified accountant. A good understanding of NHS Finance and a desire to work in the NHS are key.

About us

Bolton is a special place, part of the Greater Manchester family but with a robust identity of its own communities that are rich in their diversity but unified in the shared characteristics of friendliness, compassion and resilience. They deserve outstanding services.

We are looking for someone who will embody our Bolton VOICE values, who will protect and cherish our spirit lead in an inclusive way making sure our already engaged workforce continues to be supported and cared-for, whilst demanding the highest quality of care and performance from everyone.

We know the value a diverse workforce creates , delivering better outcomes for our people , patients and community. Diversity and inclusion are at the core of what we do to make Bolton a welcoming and open workplace where our people are supported and encouraged to be their true selves at work.

If you're someone with the ambition and courage to make us outstanding, we'd love to hear from you.

We are looking for a team player with excellent communication and relationship building skills to join the team. These skills will be heavily relied on as the team are currently working remotely, so new staff can expect a warm 'remote' welcome but will need to have the ability to build relationships with the team and division whilst working from home for part of the working week. We've found this to be working successfully and applicants should be able to and be comfortable in working in this way.

Job description

Job responsibilities

  • To support the Finance Business Partners (FBPs) in being the financial and business strategy experts for a given Division.
  • To oversee and manage the production of relevant Finance Department deliverables, such as monthly budget and Service Line Management (SLM) performance reports and annual processes, including budget setting and Income and Cost Improvement (ICIP) establishment.
  • To be a key member of Divisional Management Teams and be responsible for leading the Divisions in the development of its financial strategy.
  • To hold services to account for their financial practices and positions and will challenge departments core practices to ensure the successful financial management of departments.
  • To provide day-to-day leadership of the Divisional Finance Teams and work with the FBPs to manage all staff and deliverables within their respective divisional teams in the Finance Department.
  • To assist in the production of business cases that support the Divisional and organisational strategic direction.
  • Alongside departmental management colleagues, to develop innovative ideas for savings schemes, testing the feasibility of schemes, ensuring robust project management of feasible schemes and initiating remedial action if required.
  • Through close links to the Business Support Team, ensure that departmental teams are aware of the implications of changes in commissioning practice and that mitigating action is put in place as required.
  • To be responsible for ensuring that all of the services provided by the departments are demonstrably cost effective and efficient.
  • To Deputise for the Finance Business Partner as appropriate.


Person Specification

Qualifications

Essential

  • Evidence of continued professional development


Desirable

  • CCAB Qualified Accountant


Knowledge and experience

Essential

  • Knowledge of the NHS Financial regime
  • Public Sector and/or NHS Experience.
  • Significant experience of Divisional level financial management.
  • Experience of working with budget holders for budgetary management, reporting, analysis and setting
  • Substantial experience of working in an office environment, within a finance discipline which has included experience of a range of accounting areas and financial systems
  • Experience of line management within a similar team-based finance environment
  • Thorough understanding of financial governance and audit requirements


Desirable

  • Previous NHS Management Accounts Experience
  • SLM/PLICS Experience within an acute provider


Skills and Abilities

Essential

  • Ability to provide and present complex information to gain co-operation and commitment of clinicians, managers and staff.
  • Proven influencing and negotiating skills at divisional and personal levels.
  • Ability to influence colleagues at all levels whilst ensuring that relationships remain positive and that goals are achieved.
  • Hold expert knowledge and skills in financial management - including service level reporting and management (SLR and SLM), profit and loss analyses, financial improvement from service redesign, etc.
  • Ability to analyse and interpret incomplete and highly complex numerical and verbal data and to develop and consider a range of options and make judgements where there is not, necessarily a precedent that support the delivery of service/divisional objectives
  • Ability to plan, co-ordinate, amend and deliver key projects affecting the overall BFT financial plan and strategy
  • Ability to contribute to the medium and long-term financial planning process, advising on aspects of the financial/business plan for the service/division


Desirable

  • Computer skills for the use of presentations, reports and statistical analysis e.g. PowerPoint, Excel and Word programmes


Employer details

Employer name

Bolton NHS Foundation Trust

Address

Royal Bolton Hospital

Minerva Road

Bolton

BL4 0JR

Any attachments will be accessible after you click to apply.

241-648CD-24

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