Senior Finance Business Partner role within the Finance and Performance Division of the Operations and Finance Directorate, based in Capital Quarter 2, Cardiff, with Agile working and occasional travel to other Public Health Wales sites.
Main duties of the job
The post holder will be a leading finance professional and key member of the Senior Finance Team within the Trust. The post holder will also be a key member and active participant within the senior management teams of directorates within the Trust. They will support the Deputy Director of Finance in the management and responsibility for the overall performance of the business partnering finance teams and ensure the delivery of an efficient and effective finance business partnering service.
The post holder will have the key responsibility in supporting the vision and leadership in the development and implementation of the Public Health Wales financial strategy, leading to the delivery of annual financial plans and their translation into agreed budgets across the Trust inclusive of required CIP targets.
This is an ideal opportunity for someone looking to expand their skills and knowledge to further develop a career within Finance. We actively support personal and professional development and will work the successful candidate to produce a personal development plan.
The ability to speak Welsh is desirable for this post; Welsh and/or English speakers are equally welcome to apply.
Job responsibilities
Ensure that the finance business partner function is proactive and influential in its contribution to the Trust's 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 Executive 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 provide direction, leadership and motivation of the business partnering 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 business partnering 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 directorates.
Provide impartial professional advice and meaningful financial analysis and interpretation, to support formulation of strategy, planning and decision making.
Taking a lead role in developing an ongoing process for aligning resources with priorities, and ensuring that this is used in decision making, identifying disinvestment and investment opportunities.
Ensuring a consistent approach adopted for all financial aspects of value, including improving use of benefits realisation models in business case development.
Financial Management and Planning
Contribute to the development of the Trust Integrated Medium Term Plan (IMTP) and formulate short, medium and longer term financial strategic plans which involve uncertainty and may impact on the entire organisation ensuring they fit within the Trust's overall IMTP and ensure 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 input to 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 directorate 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 business partnering finance teams and senior budget holders, 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, 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, and supervision of delegated budgets, to ensure compliance with the organisations Standing Orders and Standing Financial Instructions and ensure effective corporate governance.
Advising on financial performance management and measurement and using benchmarking, to enhance the organisations 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 and 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 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 Deputy Director of Finance in working closely with the Trust's 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, interpreting sophisticated, technical and complex financial and non-financial information in an easily understood manner. Writing and presenting reports to a wide range of groups possibly including the Trust Board and Local and National groups, as required.
The post holder will have strong persuasive, influencing and negotiating skills. Strong negotiation skills are essential to overcome barriers to understanding arising from the complexity of issues. The ability to empathise with a conflicting point of view and work in a cooperative way in order to facilitate a workable compromise is essential.
The post holder will research and ensure that innovation and good practice is disseminated between directorates 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.
Person Specification
Qualifications and/or Knowledge
* Fully Qualified Accountant CCAB (Consultative Committee of Accountancy Bodies)
* Up to date on Latest Accounting Standards and recommendations
* Leadership and management training / qualification and / or equivalent work experience.
* Evidence of Continuing Professional Development
* Project management experience and / or qualification
Experience
* Experience of dealing with multiple stakeholders with conflicting priorities
* Recruitment, management, supervision, setting workload, appraising and development of staff.
* Experienced in developing and presenting formal, complex business cases to non-finance managers and directors
* In depth understanding of NHS Trust's financial controls
Knowledge
* Good understanding of NHS Wales accounting and reporting regime
* Extensive knowledge of accounting procedures and good practice.
* Advanced and detailed knowledge of strategic and capacity planning.
SKILLS & ATTRIBUTES
* Ability to influence senior colleagues and budget holders to achieve positive outcomes
* Ability to provide leadership and direction
* Ability to think and act strategically
* Able to plan, prioritise and organise workload for self and departments, in complex and sensitive environments.
* Ability to analyse areas of work to identify areas which would benefit from continuous improvement.
* Excellent written and verbal communication skills. Ability to challenge in a constructive way as necessary, all financial procedures and processes.
* A proven record of achievement in financial management, including the ability to provide advice to, and work with professionals on a team basis
* Present confidently to large and small audiences and able to present and explain highly complex financial information in a manner that can be understood by non finance managers.
* Strong analytical skills with the ability to solve highly complex financial problems relating to business case products and analyses.
* Ability to carry out advanced spreadsheet modelling / forecasting
* Microsoft Office - to include Word, Excel (advanced)
* Advanced keyboard skills
* Exercise excellent negotiating skills
* Work with a wide range of disciplines at all levels.
* Work well under pressure whilst maintaining good communication and work standards.
* Ability to travel in a timely manner and willing to travel to meetings across NHS Wales
* Leading large groups
* Experience of working in a Commissioning environment
PERSONAL CHARACTERISTICS
* Ability to co-ordinate and motivate team members and make effective use of available resources to analyse problems and evaluate solutions
* Self-motivated and innovative thinker
* Diplomatic and assertive
* Methodical and well organised
* Able to prioritise and to demonstrate consistent achievement of accurate work to strict timescales
* Able to communicate verbally and written with confidence at all levels and influence outcomes
* Ability to deputise for the Deputy Director of Finance when required and work confidently with the Executive Management Team / Board of Directors and Senior Management Teams.
* Welsh Speaker
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Head of Financial Delivery and Improvement
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