Finance Business Partner

Job overview

The Finance Business Partner will take responsibility for providing highly complex and business focused advice and will be expected to undertake the role of expert in the management accounting and business analysis fields.

The post holder will need to make decisions on a range of complex financial situations and be responsible for leading and developing a team ensuring a comprehensive and efficient service is provided to divisional managers, senior managers, budget holders and external stakeholders at all times.

The role will require forensic accounting methods to analyse complex business opportunities for the division. Business decisions will require a clear understanding of the principles supporting the NHSI risk rating regime as well as the impact on the Trust’s Income and Expenditure.

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 must have a recognised CCAB or equivalent qualification and have significant experience in senior roles within finance and be fully committed to Continuous Professional Development.

Main duties of the job

Planning and Development

• Produce financial plans for the division that meets the financial objectives of the Trust
• Develop, implement and monitor the financial components of the Divisions Annual Plan ensuring that efficient systems are available to allow income and expenditure plans to be projected for up to 3 years.
• Provide expert advice on the Division’s Income and Activity position to the Senior Divisional Team.
• Lead in the development of divisional CIP schemes.  To review CIP plans for the services within their divisions, challenging assumptions and assessing risk to ensure scheme information is robust, accurate and deliverable.
• Lead on investment appraisal and highly complex financial analysis of divisional development proposals and business cases, both internal and external to the Trust.  To work closely with the capital team to ensure that the impacts of capital costs are fully factored into revenue business cases and vice versa.  To challenge assumptions with relevant individuals and to be responsible for ensuring that financial modelling is robust, accurate and in line with overall Trust objectives, assessing risks and identifying risk mitigating actions as required.
• Present highly complex financial information to Executive Directors, Divisional Managers, Divisional Clinical Directors and other Senior Managers within the Trust

Detailed job description and main responsibilities

Financial Management Department Responsibilities

• Be the lead for one of these 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 in place to ensure they are implemented correctly.

Professional Responsibilities

• Maintain the integrity of the Trust’s financial systems, procedures and reports.  This includes regularly designing and updating bespoke reports tailored to the requirement of individual divisional management teams
• Maintain professional standards within the Financial Management team.
• Ensure that Standing Financial Instructions, Standing Orders and financial policies & procedures are adhered to.
• To implement audit recommendations and continually working on improving financial practices throughout the Trust.
• To undertake Continuing Professional Development (CPD) in line with the relevant institute requirements.

You will be able to find a full Job description and Person Specification attached within the supporting documents.