Finance Manager (1 x Corporate and 1 x PRUH)

King's College Hospital

Finance Manager (1 x Corporate and 1 x PRUH)

£57802

King's College Hospital, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 17 May | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: f1d2b9185186462b948e110d6116587e

Full Job Description

The role of a Finance Manager is responsible for providing high quality financial information and analysis for the business area that they support. This will include gathering, preparing and presenting data in the agreed standard formats and for ad-hoc requests in a timely, accurate and robust way.
The role will include meeting budget holders and generating 'intelligence' to support the Finance Business Partners in the budgeting, forecasting and business planning process. The role will support the induction and on-going training and support to budget holders and other key staff.
The Finance Manager will be the main point of reference for the Finance Business partners and will assist in ensuring that the Trust Standing Financial Instructions are communicated and understood by the business area that they support.
They 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 overall provides high quality, professional financial support to the Trust that meets the needs of the business.
The post holder be working towards a recognised CCAB or equivalent qualification and have some experience of working with senior teams within finance and be fully committed to Continuous Professional Development.
The posts will be located at Denmark Hill site and the other is at PRUH, Bromley., + Be a role model for their team in how to provide a customer focused, high quality service to managers, directors, clinicians and finance business partners
+ Set high standards and lead/motivate and manage the team to meet them and the expectations of internal/external colleagues/customers.
+ Develop expertise within the team and contribute to the development of financial/business skills within the broader finance team and managers/clinicians in the Trust.
+ Work with colleagues in Contracting, Income, and Costing & Information/Performance Management to ensure the Trust has coherent integrated information, analysis and plans.
+ Develop and maintain an understanding of the Trust's accounting processes and procedures and financial systems.
+ Support the implementation of actions in response to recommendations from Internal Audit for the enhancement of internal controls and procedures in own areas of responsibility., + Produce high quality, timely, accurate and appropriate analytical and interpretive financial management information to Senior Finance Business Partners, Finance Business Partners, General Managers, the senior management team, operational managers and other senior staff throughout the Trust.
+ To the agreed deadlines, prepare robust annual budgets, standard monthly forecasts, standard monthly management accounts (including variance analysis), Board reports, and external regulatory reports that meet the specified requirements, the needs of the business and support the work of the Senior FBPs.
+ Support the quantative and statistical methods of financial analysis to support the development of business cases, planning and budget setting processes, cost improvement initiatives and other ad hoc internal and external reports.
+ Contribute to the development and implementation of policies and procedures to deliver an efficient and effective month end process and ensure there is a robust process for the dissemination of the relevant information in a timely manner.
+ Adhere to the standard operating procedures and KPIs to deliver a high quality service across all areas of own responsibility.
+ As part of the month end process provide variance analysis and identify areas for investigation. Support the FBPs and the Income team to identify the financial consequences of these changes on the Trust's Income and Expenditure budgets.
+ In conjunction with the Finance Business Partner prepare the monthly budget upload journals, forecasts and journal amendments to ensure the integrity of the financial management reporting information.
+ Support the Finance Business Partners by attending budget holder meetings and relevant operational business meetings to improve the quality of the narrative circulated as part of the month end process.
+ Distribute the month end reports in accordance with the month end timetable.
+ Working with Head of MA Analytics and the Financial Business Partners to ensure the delivery of accurate and timely reporting of financial information to appropriate levels of management.

King's College Hospital NHS Foundation Trust is one of the UK's largest and busiest teaching Trusts with a turnover of c£1 billion, 1.5 million patient contacts a year and around 14,000 staff based across 5 main sites in South East London. The Trust provides a full range of local hospital services across its different sites, and specialist services from King's College Hospital (KCH) sites at Denmark Hill in Camberwell and at the Princess Royal University Hospital (PRUH) site in Bromley.
King's is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus. Everyone's contribution is required in order to meet the goals set out in our Green Plan and we encourage all staff to work responsibly, minimising their contributions to the Trust's carbon emissions, waste and pollution wherever possible.
The trust-wide strategy Strong Roots, Global Reach is our Vision to be BOLD, Brilliant people, Outstanding care, Leaders in Research, Innovation and Education, Diversity, Equality and Inclusion at the heart of everything we do. By being person-centred, digitally-enabled, and focused on sustainability, we can take Team King's to another level.