Senior Finance Business Partner

Job overview

The post holder will report directly to the Site Director of Finance at Denmark Hill and will be one of two senior finance business partners for the 10 Denmark Hill Care groups and 7 pan Trust Care groups managed from Denmark Hill.  The role is an interface between Finance and Operations, providing expert accounting and business knowledge, analytical support and clear presentation of financial and business information to clinical and non-clinical colleagues to drive sound financial decision-making.

The post holder will constructively and positively challenge all aspects of the site’s financial and business performance.

The post holder will be accountable to the Site Director of Finance for their Business Partnering team’s adherence to Trust financial policies and procedures, statutory requirements and requirements from Department of Health and NHSI.  They will be accountable for interpreting changes in government policy and assessing the financial impact of these changes on Trust Finances.  They will propose and make changes to Trust policy as appropriate, ensuring that policies and procedures are developed and implemented in line with Trust requirements.

Main duties of the job

• Responsible for provision of business partnering to care group portfolio, by: Supporting and influencing operational and strategic decisions Interpreting, explaining and driving financial performance Advising on planning, business case development, external context, benchmarking and commercial opportunities Analysing, advising on and mitigating financial risk in the division Challenging behaviour that disregards the Trust’s financial principles, policies and procedures.
• Supporting and influencing operational and strategic decisions
• Interpreting, explaining and driving financial performance
• Advising on planning, business case development, external context, benchmarking and commercial opportunities
• Analysing, advising on and mitigating financial risk in the division
• Challenging behaviour that disregards the Trust’s financial principles, policies and procedures.
• Responsible for developing relationships across the site and in particular with the care group management teams to enable the delivery of effective business partnering.
• Responsible for advising and supporting Clinical Directors and managers to ensure they meet their financial obligations and responsibilities.
• Responsible for analysing and agreeing a financial forecast at detail and summary levels, which build in the effect of all actions being taken across the site’s care groups.
• Leads the monthly review of their care group’s financial performance at all levels within deadlines and makes recommendations to the Site Director of Finance on the actions to ensure trust performance meets targets, and is fully understood and agreed by the Site Executive.

Please refer to the JD for a full description.

Detailed job description and main responsibilities

CIPs and Transformation:

• Works closely with the Trust PMO to identify, accurately cost, analyse, monitor and report on cost improvements plans (CIPs), savings schemes and Transformation projects.
• Works closely with PMO and transformation colleagues to help managers identify, assess and analyse potential and current savings schemes in order to meet CIP targets.

Workforce and Establishment:

• Works closely with HR colleagues to ensure that the trust’s system of establishment control is adhered to, and that the financial position and planning models accurately reflect the same information as ESR. Ensures that annual budgets and financial plans reflect divisional workforce plans.

Income and activity:

• Leads the process of building care group understanding of the links between activity and income and ensures accurate reporting which agrees with divisional performance including remedial action where necessary.
• Leads the process of identifying all revenue opportunities in the division, providing professional advice on pricing strategies in conjunction with the Director of Commercial and Contracting

Budgeting and Planning:

• Supports the production, agreement and implementation of annual budgets across the division, in accordance with the agreed Trust timetable and procedures, including appropriate controls for sign-off against targets.
• Responsible for ensuring that care groups understand and comply with their annual planning and budgeting responsibilities
• Responsible for summarising annual budgets at any point in time and communicating their care group’s performance against budget targets.