Assistant Finance Business Partner - Worthing, United Kingdom - 279 University Hospitals Sussex NHS Foundation Trust

279 University Hospitals Sussex NHS Foundation Trust

Verified Company

Worthing, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The post holder will be assisting with the provision of financial support to the Business Partnering function provided to a small number of Operational and Corporate Directorates.

The role will involve providing high quality financial management working closely alongside the operational team to support delivery of the Trust objectives.

Reporting directly to the Finance Business Partner, the post holder will be a key member of the Finance Team and support the Finance Business Partner in ensuring that the use of resources is both understood and maximised.

In addition the postholder may deputise for the Finance Business Partner, as appropriate, demonstrating accounting and business knowledge, providing analytical support and clear presentation of financial and other information to clinical and non-clinical colleagues.

They will support with the delivery of all aspects of the financial and business performance of the Trust.

This role will support with building relationships between finance and clinical and non-clinical teams in financial performance management, use of resources, cost improvement development, financial planning and education.

Main

Responsibilities:

Partnering

Supporting the delivery of the business partnering function providing support, financial advice, and reports to management to enable them to effectively manage resources for their area of responsibility.

Building effective relationships, internally, to inform, decision-making and outcomes.

Support the production of multi-layer forecasts of Trust financial performance at all points in time.

Identifies and highlights quickly and appropriately any evidence of divergence from financial plans, targets or forecasts at any level in the Trust and work with management to develop mitigations to return performance to plan/forecast.

Support the monthly review of the Trust's financial performance at all levels within deadlines and ensure that financial performance meets targets and is fully understood and agreed by relevant stakeholders.

Support the Deputy Director of Finance and Assistant Director of Finance to hold divisions and corporate directorate budget holders to account through formal periodic reviews of all financial performance.

Month end

Use of Resources

Resource Utilisation

Support with elements of business case development, financial analysis and support improving the quality of business cases and expediting decision-making, implementation and benefits realisation.

Support the monitoring of non-financial performance indicators (e.g. length of stay, theatre utilisation) to identify areas where the use of resources can be improved. Work with operational managers and clinicians to demonstrate the impact of productivity changes on financial performance.

Support with providing information to enable the negotiation of commissioning agreements with external organisations for services provided or received to ensure that income is maximised or best value for money is achieved respectively e.g.

local price reviews, PLICs/Reference costs.

Support with benchmarking and value for money audits to ensure best practice and optimal utilisation of resources.

Support the Trust in setting realistic and achievable waste reduction/efficiency targets and developing robust plans that ensure and maximise delivery; both on an annual basis and for the medium/long-term plans.

Governance

Support the maintenance of the Standing Financial Instructions and internal financial control procedures to ensure these operate as designed and provide appropriate levels of assurance on accuracy, completeness and anti-fraud measures.

In conjunction with Internal Audit, support reviews to ensure that the financial control environment is operating effectively and that information is shared with the Audit Committee for assurance purposes.

Support with ensuring that operational and financial risks are identified and properly assessed so that adequate arrangements for managing them can be implemented.

Communication & Engagement

The post holder may be required to present financial information to small audiences of varying experience, disciplines and seniority.

Represent the Finance Department and its interests at internal meetings/events as required.

Service Delivery and Improvement

Develop and maintain an up to date, in depth knowledge - theory and experience - of financial and accounting procedures.

Understand the consequences and risks of short and long term local service changes.

Maintain a good understanding of Standing Financial Instructions (SFIs) and ensures they are followed across the Trust, involving training and advising non finance staff and monitoring compliance.

Where breaches are discovered, ensure appropriate action is taken, in compliance with Trust policies.

Supports innovative and continuous process review and improvement for Planning and Delivery activities, to ensure that:
Processes and procedures are up-to-date, relevant and effici