Finance Specialist – Provider Collaboratives

Job overview

The Finance Specialist will be an integral member of the Provider Collaborative Financial Management team helping to provide a comprehensive financial service. They will manage the day-to-day financial management processes and transactions, while supporting continuous improvement and data interrogation. They will support the Senior Finance Business Partner and work closely with the whole Provider Collaborative teams to ensure the accuracy of month end processing.

The post holder will be supported to continue or start their ACCA/CIMA studies to achieve professionally qualified status.

Main duties of the job

Financial Control

• Support the timely completion of Trust’s monthly and annual accounts, in accordance with statutory and governance requirements.
• Support the completion of all assigned financial adjustments for the relevant budget area, in an accurate and timely manner, including any necessary accruals, prepayments and budget transfers to ensure that financial management information is complete and accurate.
• Ensure the information held on the finance system is accurate and maintain the quality of data held on the finance system.

Financial Reporting

• To monitor, investigate and explain variances from budgets and/or Benefit Realisation Programme targets in a timely manner, understanding the key drivers for the financial position.
• To provide analytical support (e.g. financial statistics, costing, analysis) to the Senior Finance Business Partner and Programme Managers.

Financial Planning and Change

• To support the budget setting process for the Provider Collaborative area to ensure the effective, efficient and economic use of financial resources in line with Provider Collaborative priorities and longer-term strategic plans.
• Monitor and report on the financial performance of transformation programmes, specialised services, and other delegated budgets.

Detailed job description and main responsibilities

The post holder will;

• Ensure accurate monthly reporting for the Provider Collaborative area. This will include journaling and transactions review, extensive data analysis and financial presentation.
• Be responsible for the maintenance of key management information including; budgets and actuals within Expenditure, Income, and Headcount establishment.
• Be responsible for the maintenance of key Provider Collaborative functions including EPC financial management and oversight and supplier relationships.
• Support with raising sales invoices and purchases orders as necessary.
• Provide ad-hoc budgetary advice to budget holders and their support management.
• Support the annual budget setting and monthly forecasting process.
• Be responsible for leading and supporting the Finance Apprentice/Analyst, who will be providing management accounting support for the area.
• Be an advocate of Continuous Improvement and work closely with the wider Finance team to help implement small to medium improvement projects,