Main Duties and Responsibilities
Planning and Development
- Produce financial plans for the division that meet the Trust’s financial objectives.
- Develop, implement and monitor the financial components of the Division’s Annual Plan, ensuring efficient systems allow income and expenditure projections up to 3 years.
- Provide expert advice on the Division’s Income and Activity position to the Senior Divisional Team.
- Lead the development of divisional CIP schemes, review plans, challenge assumptions, assess risk and ensure information is robust and accurate.
- Lead investment appraisal and complex financial analysis of divisional development proposals and business cases, working closely with the capital team to factor capital costs into revenue business cases and vice versa.
- Present highly complex financial information to Executive Directors, Divisional Managers, Clinical Directors and other senior managers.
- Interpret contracting rules, especially for non‑PbR and specialist NHS England commissioning.
- Analyse and identify the consequences and risks of short‑ and long‑term impacts of local service changes and national financial decisions.
- Undertake strategic analysis comparing income, costs and financial risk for options and outline recommendations.
Performance Monitoring
- Provide high‑quality, accurate, timely financial management information focused on trends, risks and opportunities, including forensic analysis and investigation.
- Lead discussions on the division’s financial performance, challenging divisional management and senior clinicians on financial matters.
- Interpret accounting guidance and DH directives to assess impact and recommend actions maximizing income and minimizing costs.
- Support the Division regarding Capital Expenditure and service line profitability.
- Lead the production of financial information, providing efficient systems to explain current and forecasted performance and satisfy external requirements.
- Oversee an effective budgetary control system for managing expenditure such as temporary staffing and provide budget holders with reliable feedback.
- Lead the annual budget setting process and negotiate with Executive Directors/Divisional Managers to meet efficiency and savings targets.
- Develop strategies to maximise the Trust’s financial position through coordination of income, expenditure and business management.
People Management and Performance
- Lead, coach and manage the team’s performance, ensuring excellence and addressing underperformance.
- Participate in regular appraisal meetings, ensuring each member has clear objectives and development plans.
- Ensure the team meets statutory, mandatory, and professional training requirements.
- Manage team absences in line with Trust policy, ensuring e‑roster updates and productivity maintenance.
- Identify and fill vacancies in line with Trust recruitment processes.
- Identify talent, support internal talent management, attract, retain and succession‑plan for team members.
- Review skill mix to maximise resource utilisation and keep job descriptions updated.
- Maintain overall team wellbeing, morale, and a zero‑tolerance culture for bullying and harassment.
- Lead key financial management departmental roles.
Financial Management Department Responsibilities
- Financial Management Department Responsibilities
- Be the lead for one of the key financial management departmental roles.
- Finance staff development lead
- Income development lead
- Finance System development lead
- Budget development lead
- R&D development lead
- Reporting development lead
- Responsible for interpreting national guidelines and setting guidance on how they apply to the Trust, ensuring correct policies and processes are implemented.
Professional Responsibilities
Maintain the integrity of the Trust’s financial systems, procedures and reports, including designing and updating bespoke reports for divisional management.
Maintain professional standards within the Financial Management team.
Ensure standing financial instructions, standing orders and policies & procedures are adhered to.
Implement audit recommendations and continually improve financial practices across the Trust.
Undertake Continuing Professional Development (CPD) in line with relevant institute requirements.
General
The post holder has a general duty of care for their own health, safety and wellbeing and that of colleagues, visitors and patients, including any specific risk‑management or clinical governance accountabilities associated with the post.
Observe the rules, policies, procedures and standards of King’s College Hospital NHS Foundation Trust together with all relevant statutory and professional obligations.
Observe and maintain strict confidentiality of personal information relating to patients and staff.
Be responsible, with management support, for personal development and to actively contribute to the development of colleagues.
This job description is a guide to the general scope of duties and may change over time; it is subject to review in consultation with the post holder.
All employees must hold an ‘nhs.net’ email account which will be the Trust’s formal route for email communication.
Safeguarding
- Attend mandatory training on safeguarding children and adults.
- Familiarise with the Trust’s processes for reporting concerns.
- Report any safeguarding child or adult concerns appropriately.
Infection Control Statement
The post holder has an important responsibility for infection control and must be familiar with the infection control and hygiene procedures and requirements in clinical areas.
These requirements are set out in the National Code of Practice on Infection Control and local policies and procedures, which will be made clear during induction and subsequent refresher training. They must be strictly complied with at all times.
Contract and Secondment
This is a fixed‑term contract for 12 months and the Trust is happy to accept secondment applications.
The Finance Business Partner will provide highly complex and business‑focused advice and will act as an expert in management accounting and business analysis.
The post holder will make decisions on complex financial situations and lead and develop a team to provide comprehensive service to divisional managers, senior managers, budget holders and external stakeholders.
The role will require forensic accounting methods to analyse complex business opportunities. Business decisions will require a clear understanding of NHSI risk rating principles and impacts on the Trust’s income and expenditure.
The post holder will direct, motivate and manage the team and play a key role in developing their skills and working with other senior finance colleagues to ensure the finance function provides high‑quality, professional financial support to meet business needs.
The post holder must hold a recognised CCAB or equivalent qualification and have significant experience in senior finance roles, and be fully committed to continuous professional development.
Providing specialist financial expertise requires intense concentration and sustained mental effort to analyse, understand, retain and convey information, prioritise workloads according to stakeholder demands, and meet financial deadlines.
Secondment Pledge
The South East London Finance Academy is committed to fostering professional development and career growth for all, with a particular aim of enhancing opportunities for under‑represented groups and improving finance community diversity.
As part of our Secondment Pledge, this permanent role is advertised with the flexibility of a potential secondment opportunity for the successful candidate. Discuss with your line manager and recruiting manager; it will not adversely affect your application. All secondments will require agreement from both host and receiving organisations, and all organisations within SEL commit to approaching this positively.
If successful and you would like to take up the secondment, you must complete the Secondment Request Form to aid discussion. Upon successful completion, you may convert the secondment to a substantive appointment in collaboration with the receiving organisation.
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