Deputy Head of Finance Business Partnering

Detailed job description and main responsibilities

You will be able to find a full Job description and Person Specification attached within the supporting documents or please click "Apply now" to view in Trac

Leadership and Management
Ensure that the finance business partner function is proactive and influential in its contribution to the Trusts strategic and operational plan and to encourage and ensure a culture of continuous improvement, innovation and professional excellence is achieved.
To undertake the role of a senior business partner, working alongside the divisional directors and senior budget holders to provide expert professional financial, management and business advice covering all aspects of service delivery.
Provide leadership and direction across situations where highly complex ideas or concepts need to be conveyed and implemented across the organisation in easily understood language.
To support the Head of Finance Business Partnering in providing direction, leadership and motivation of the divisional finance teams to ensure a high standard of professionalism, efficiency and effectiveness in the delivery of the financial business partnering services, ensuring that activity is fully aligned to the business of the Trust. This will include coaching and mentoring, resource planning, standard setting, performance management, team and individual development.
Ensure that agreed annual objectives with all divisional finance staff are managed and trained appropriately to deliver against key objectives.
Ensure that the Trust’s aims and objectives are clearly understood and communicated to the staff within the team.
Ensure robust systems of governance, financial control and risk management operates within the divisions.
Provide impartial professional advice and meaningful financial analysis and interpretation, to support formulation of strategy, planning and decision making.
Provide leadership and insight into the maximisation of Value Based Healthcare principles within the VCS and wider Trust.
Financial Management and Planning
In collaboration with the Head of Finance Business Partnering and divisional Finance Teams, formulate short, medium and longer term divisional financial strategic plans which involve uncertainty and may impact on the entire organisation ensuring they fit within the Trusts overall strategic plans and ensures financial viability.
To regularly monitor and review plans and adjust for changes in local need and in response to changes in national policy guidance and to lead and sponsor finance
projects to develop new ways of working in line with the strategies and business plans.
Ensure active involvement and influence on material business decisions to ensure that the immediate and longer term implications, opportunities and risks are fully considered and consistent with the overall financial strategy.
To manage the operation of the Oracle Finance System to ensure it effectively processes and captures financial information to best support and meet the needs of the Divisional reporting requirements.
Lead the promotion and delivery of good financial management, so that the divisions resources are safeguarded, used appropriately, economically, efficiently and effectively by overseeing budget execution, monitoring, forecasting and reporting on income and expenditure.
To provide advice on and develop the financial aspects of business cases, service delivery options and general investment / disinvestment alternatives. This will include evaluating and critiquing strategic proposals and initiatives from within the organisation and those from the Welsh Government and partner organisations.
To identify opportunities for optimising the resources available to the Trust for the purposes of improving patient care whilst maximising value.
Financial Performance and Procurement
In collaboration with the Head of Finance Business Partnering and divisional Finance Teams, development of detailed financial projections to manage and oversee the delivery of a financial outturn position which is in line with the approved annual financial plan within the service delivery divisions, ensuring that any cost improvement programmes and cash releasing efficiency schemes are delivered.
To ensure the proper use, monitoring and management of operational budgets. This will include prioritisation, budget setting, supervision of delegated budgets and control and procurement of capital equipment, to ensure compliance with the organisation’s Standing Orders and Standing Financial Instructions and ensure effective corporate governance.
Advising on financial performance management and measurement and using benchmarking, to enhance the organisation’s performance by learning from the successful practices of others
Appraising and advising on commercial opportunities and their financial targets
Closely monitor performance against financial targets to ensure no surprises and enabling response to action to be planned;
Balance the need for proactive service development and strategic leadership against the reactive demand of operational responsibilities and stakeholders.
To work closely with NWSSP in overseeing and ensuring the divisions are adequately supported in discharging appropriate governance in their procurement requirements and ensuring the adoption of best practice in procurement through the use of framework agreements and appropriate competitive practices.
Ensure that managers have expert advice and support in contract negotiations and subsequent contract monitoring.
Relationships and Partnership Working
To work closely with and support the Head of Finance Business Partnering and Deputy Director of Finance in developing strong and constructive working relationships with leading decision makers in partner organisations and key external stakeholders, such as other NHS organisations, Welsh Government, WHSSC, commercial private sector partner organisations, the third sector and local authorities.
Work with external organisations as appropriate in collaborative schemes for delivery of joint strategy and service developments.
Directly supporting the Head of Finance Business Partnering and Deputy Director of Finance in working closely with the Trusts Commissioning organisations, using excellent persuasive and negotiating skills to ensure appropriate and accurate commissioning and contracting arrangements are in place.
To support the management of the commissioning and performance management processes of other relevant service level agreements with NHS and other public and private sector organisations.
General Duties and Responsibilities
The post holder will be required to regularly produce complex reports and presentations based on a range of information from a variety of sources. Writing and presenting reports to a wide range of groups possibly including the Trust Board and Local and National groups, as required
Research and ensure that innovation and good practice is disseminated between divisions so as to maximise efficiencies Trust wide, maximising spread and sustainability, avoiding duplication.
The post holder will be expected to work independently guided by broad health and social care strategies and organisational policies and specific local and national guidelines, advising on how these should be interpreted and implemented
The post holder will need to assimilate and summarise complex documents, compare facts and analyse situational data from a range of sources, develop options and assess risks and opportunities to the organisation and facilitate consensus building and decision making.
The post holder will participate in and facilitate meetings which require a high level of concentration on a wide range of topics, with a variety of audiences and mixtures of attendees.
The role will require daily negotiation with senior NHS professionals, directors and managers in a financially constrained health economy issues that have a significant impact on the quality and quantity of the financial planning and performance service, challenging practice and established management processes.
To contribute to a healthy, safe and secure working environment by adhering to health and safety regulations, Trust policies, procedures and guidance. Take necessary action in relation to risks in the workplace including supporting others to manage risks and reporting incidents as necessary.
Office based with regular travel across the Trust.
The post holder will be required to adapt to and undertake different or new duties in line with professional and service developments.
This Job Description is intended as a general guidance to the duties and responsibilities of the post and is not, therefore, exhaustive. It will be subject to review in light of changing circumstances and in consultation with the post holder.