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Milton Keynes University Hospital NHS Foundation Trust
About
Milton Keynes University Hospital (MKUH) NHS Foundation Trust is a medium sized district hospital that provides a full range of acute hospital services and an increasing number of specialist services to the growing population of Milton Keynes and the surrounding areas. With around 550 beds and employing more than 4,000 staff, the hospital sees and treats approximately 400,000 patients each year comprising of both outpatient and emergency attendances.
All inpatient services and most outpatient services are provided on the main hospital site. The Trust is organised into four clinical divisions (medicine, surgery, women and children and core clinical) and a number of corporate directorates. The executive directors, and clinical service unit (CSU) leadership teams, are responsible for the day-to-day management and running of the hospital’s services, with ultimate management accountability resting with the Chief Executive.
Over the last 10 years, the Trust has invested significantly in its site and has developed a number of new services and pathways to improve outcomes for patients, as well as the experience they receive whilst in our care. A number of further developments are planned for the coming years as the health demands of the local population change.
In 2015, the Trust entered into a partnership with the University of Buckingham to establish the first independent Medical School in the country. The first medical students commenced pre-clinical training at the University in January 2015, and in April 2015 the Trust changed its name to Milton Keynes University Hospital NHS Foundation Trust to reflect this status. As part of our partnership with the university, we opened our state-of-the-art medical school in 2017 which enables us to attract, train and retain the best clinical talent.
In partnership with the University, we are a Teaching Hospital, and we conduct research and teaching on site to improve the care of our patients.
The hospital is undergoing significant investment, and we are proud to be rated Good by the Care Quality Commission in their latest inspection which took place in June 2019.
Associate Finance Business Partner
Closed for applications on: 25-Nov-2024 00:00
Vacancy status: Closed
Closed for applications on: 25-Nov-2024 00:00
Key details
Location
- Site
- Finance - Financial Management (Dept)
- Town
- Milton Keynes
- Postcode
- MK6 5LD
- Major / Minor Region
- Buckinghamshire
Contract type & working pattern
- Contract
- Fixed term: 9 months (Until 30-Sep-2025)
- Hours
- Full time - 37.5 hours per week
Salary
- Salary
- £37,338 - £44,962 per annum pro rata
- Salary period
- Yearly
- Grade
- (Band 6)
Specialty
- Main area
- Financial Management
Job overview
Associate Finance Business Partner
Department: Finance
Band 6 £37,338 - £44,962 per annum pro rata
Fixed term contract until 30.09.2025
Hours: 37.5 per week, all MKUH roles will be considered for flexible working
We care We communicate We collaborate We contribute
We are looking for an enthusiastic and motivated individual to be a key integral part of the CSU and Division in decision making and providing an effective and efficient financial management service.
The post holder will report to the Divisional Finance Business Partner and contribute a key role in the month end closedown and budget setting for the division, ensuring team resources are deployed effectively to meet key deadlines. Key relationships will need to be formed with divisional and service managers and clinicians in order to support the management of resources within the income which their services generate. You will work closely with the Finance Business Partner and divisions on budget setting, budgetary management, forecasting and CIP plans.
The successful candidate will have well-developed interpersonal skills and be able to communicate effectively with staff across all levels and disciplines within the organisation.
For further information, please contact Natasha Parkhill via email [email protected]
Interview w/c 09.12.2024
Please note that we are not able to offer sponsorship for this role.
Advert
To provide direct financial support to the Finance Business Partner, Division and CSU ensuring the Division is fully compliant with best financial practice in the areas of:
- Financial budget reporting
- Business case development
- Activity and capacity planning
- Maximisation of income (particularly with regard to National Tariff)
- Budgeting
- Forecasting of expenditure and activity income
- Service line reporting
Working for our organisation
Administrative and Clerical colleagues experience a highly compassionate and inclusive work environment at MKUH, scoring 7.56 out of 10 (NHS Staff Survey 2023).
You can expect a warm welcome at Milton Keynes University Hospital, our staff are friendly and welcoming. We listen to each other and work together to embed our Trusts values and behaviours. At MKUH we appreciate our staff and reward them with an outstanding benefits package including:
- Free on-site parking
- Free tea and coffee
- Great flexible working opportunities
- Discounted gym membership
- Lease car scheme
- Generous annual leave and pension scheme
- On site nursery (chargeable)
- Extensive staff health and well-being programme
Milton Keynes University Hospital NHS Foundation Trust, in partnership with the University of Buckingham, is a University Teaching Hospital; we conduct research and teaching on site to improve the care of our patients. The hospital is undergoing significant investment, and we are proud to be rated good by the CQC. Visit our website to catch up on our latest news.
Detailed job description and main responsibilities
Managing Services:
- Produce monthly financial reporting packs which set out clearly performance in all aspects of finance, activity and contractual targets delivery, ensuring a clear story of outcomes and causal factors is provided.
- Undertake management accounting tasks to deliver month end reporting (i.e. budget journals, accruals etc.)
Improving Services:
- Produce monthly financial reporting packs which set out clearly performance in all aspects of finance, activity and contractual targets delivery, ensuring a clear story of outcomes and causal factors is provided.
- Assist the Finance Business Partner in developing business cases as necessary in line with prescribed Trust format and process. Ensure that content of cases is robust and reflect full consideration of options to deliver best value.
Working with others:
- Be able to work effectively under the direction of the Finance Business Partner as well as independently
- Encourages, supports and facilitates divisional and CSU staff to contribute and innovate for the improvement of patient care and the efficiency, safety, quality and effectiveness of services; finding ways to empower staff to implement their ideas for improvement.
Demonstrating personal qualities:
- The post holder will be expected to operate with discretion and without direct supervision to deliver the requirements of both the finance function and the Division/CSU. This will necessitate skill in balancing priorities
- Acts as a role model to demonstrate the Trust’s values and behaviours at all times.
Please refer to Job Description for further details.
We believe success lies in the diversity of our employees and are committed to promoting equality, encouraging diversity and embracing inclusion. We welcome applications from everyone interested in working for us.
MKUH is committed to equal opportunities and improving the working lives of our staff and as such we offer a range of flexible working practices.
We reserve the right to expire vacancies prior to the advertised closing date once a sufficient number of applications have been received.
MKUH uses identification scanning technology to confirm the authenticity of documents; all prospective employees of MKUH will have their original documents verified using this technology.
By applying for this role, you accept if successful, that information from your application will be transferred into the national NHS Electronic Staff Record (ESR) system. Your personal data may be transferred from the Trust to another NHS organisation where your employment transfers within the NHS. This is in accordance with the streamlining programme which aims at saving you time and improving efficiencies within the NHS when your employment transfers.
Upon commencing employment with the Trust, all employees (except Medical & Dental Staff on national terms and conditions) are subject to a probationary period lasting a period of six months with an option to extend for a further six months to a total of 12 months.
Person specification
Qualifications and knowledge
Essential criteria
- Graduate or equivalent experience
- AAT qualified or equivalent experience
- Knowledge and experience in a management accounts setting. Including month-end, year-end management accounting procedures and forecasting
- Highly developed specialist/expert knowledge of financial and accounting procedures, financial and other aspects of legislation and NHS finance policies; QUIP; CIP; SLR; experience and expertise in financial accounting and disciplines relevant to commercial finance including: procurement, human resources, general management theory and information management and technology
Desirable criteria
- Working towards professional Chartered Accountancy qualification
- Examples of highly developed specialist/expert knowledge of financial and accounting procedures, financial and other aspects of legislation and NHS finance policies include;Standing Orders, Standing Financial Instructions, Financial Directives, International Financial Reporting Standards/Statements of Standard Accounting Practice, Government Policy as it effects the NHS, Charitable Funds legislation, Audit principles of internal check and control, VAT, EU Procurement Directives, NHS procurement guidance, NHS staffing terms and conditions and employment law
- Understanding of NHS Income and proven ability to analyse variances
Experience
Essential criteria
- Experience working within finance department
Desirable criteria
- Experience within an NHS finance department
Skills
Essential criteria
- Ability to analyse highly technical issues and provide practical guidance and recommendations that can be understood and acted upon by Executives and users on matters such as capital investment, business cases and savings plans
- The post holder will be expected to operate with discretion and with and without direct supervision to deliver the requirements of both the finance function and the Division/CSU. This will necessitate skill in balancing priorities
- Highly numerate; able to analyse reports and complex data sets
- Ability to achieve demanding tasks and objectives against deadlines.
- Ability to follow instruction as well as working on own initiative
Personal and people development
Essential criteria
- High personal standard of conduct and behaviour and ability to act as a role model encouraging others to value and respect staff and stakeholders and holds others to account for this
Desirable criteria
- Builds and develops multidisciplinary teams, and maintains constructive working relationships at all levels and disciplines
Communication
Essential criteria
- Ability to communicate clearly and effectively to a wide range of individuals, e.g. preparing, and presenting financial information to Management Board members and staff groups, working with Trust senior managers and project managers and assisting external auditors
- Evidence of personal insight, and willingness to learn and change personal style/approach as appropriate
Specific requirements
Essential criteria
- Able to perform the duties of the post with reasonable aids and adaptations
Further details / informal visits contact
- Name
- Natasha Parkhill
- Job title
- Senior Finance Business Partner
- Email address
- [email protected]
No longer accepting applications
Sorry, this vacancy is no longer accepting applications.
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