The post holder will be a key contact for the Royal Free Health Unit finance team. They will ensure effective use of the Health Unit financial resources in pursuit of agreed financial envelope and allocated FIP target. The role requires working with key stakeholders, persuading and influencing the financial direction of the division.
Main duties of the job
To provide financial support to development of Royal Free Health Unit FIP/ savings plans and monitor the delivery of these plans.
Responsible for the preparation and review of business cases ensuring that all costs/ income/ benefits are fully understood and those decisions on new initiatives are taken with full knowledge of the financial implications.
Preparation of annual budgets, focused on service line profitability and including providing challenge to service line assumptions.
Responsible for financial negotiations in relation to contracts both internally and externally.
To enhance and develop the financial analytical support in order to help managers to develop their services in a cost-effective way. In particular the development of planning and monitoring policies and procedures.
As a member of a multidisciplinary management team will attend key board and committees and be involved on a daily basis with the operations of assigned service lines.
About us
The Royal Free London NHS Foundation Trust is one of the UK’s biggest and most innovative trusts. Across three main hospitals, our dedicated army of staff care for over 1.6million patients, treat more than 200,000 in A&E, deliver over 8,000 babies and carry out more than 17million tests.
Our size, scale and influence offer you unrivalled career opportunities and a forward-thinking approach to working that works around your lifestyle. From flexible hours and generous benefits, to next level training, we make it easier to take your career to the top.
For more information please follow link https://www.royalfreelondonjobs.co.uk/
Job responsibilities
Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.
Person Specification
Education & professional Qualifications
- Educated to Masters level or equivalent
- Professional qualification in accountancy (CIMA, ACA, CIPFA, ACCA)
- Expert knowledge gained through specialist training or experience
- Evidence or maintaining and developing technical accounting expertise and of staying up to date with current accounting rules since qualification
Experience
- Successful experience of managing teams including experience of leading management accounting teams
- Experience of managing budget setting in large and highly complex organisation
- Experience of producing financial monitoring reports to Senior Management / Directors for large highly complex organisation
- Knowledge and experience of financial systems
Royal Free World Class Values
- Demonstrable ability to meet the Trust Values
Skills and aptitudes
- Leadership qualities and influencing skills
- Ability to operate as part of a leadership of the department proactively identifying ways to improve and working with others in the department to initiate these changes
- Strong analytical skills with the ability solve highly complex financial problems
- Excellent verbal and written communication skills
- The ability to manage time, meet deadlines and prioritie delivering to tight deadlines and managing the demands of senior stakeholders simultaneously
- Ability to make use of systems to prepare and present accurate, clear information and to identify what can be produced from other systems
- Strong organisation skills and ability to prioritise
- Flexible and able to manage workload to ensure delivery of both regular commitments and the support of Trust wide initiatives
- The ability to provide advice and support from across all of the accounting disciplines is essentia
- Able to influence others, and be able to present a coherent case in support of a desired outcome and the ability to present and explain complex financial information in a manner that can easily be understood by non -finance managers
- Confident in taking decisions when needed yet knowing when to ask advise / guidance or to gain approval before embarking on a specific course of action
- Record of improving processes and reporting in previous roles
Personal Qualities & attributes
- Able to communicate clearly and concisely both verbally and in writing
- Flexible team player, willing to ‘roll up sleeves’ where necessary
- Able to inspire and motivate others
- Positive ‘can do’ attitude
- Resilient to cope with challenge and criticism
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
£72,921 to £83,362 a yearper annum, including HCAS
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