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Senior financial advisor – service improvement & reporting

Preston (Lancashire)
East Lancashire Hospitals NHS Trust
Financial advisor
Posted: 15h ago
Offer description

Job overview

Join Our Financial Excellence Journey!

Unlock your potential and elevate your career with One LSC Finance supporting Lancashire Teaching Hospitals, based at Preston Business Centre.

Who We Are: With a robust turnover of £750 million and a dedicated team of 10,000 staff, Lancashire Teaching Hospitals is a Foundation Trust known for its commitment to delivering exceptional healthcare services.

The Opportunity: We're on the lookout for two Senior Finance Business Partners to join our prestigious finance division. This is your chance to shine and make a real impact on a Trust that values continuous improvement and strives for excellence.

Why Choose Us: Our finance division proudly holds the North West Finance Skills Development Towards Excellence & FFF accreditation at level 3, the highest achievable.

Qualifications and Skills: To thrive in this role, you need to be CCAB or CIMA qualified with a strong background in Financial Management. We're seeking a forward-thinking, proactive individual who can lead their team in supporting the strategic direction of the Finance Directorate and the Trust.

Your Impact: You'll have the opportunity to unleash your personal and professional skills, contributing to the continuous improvement of our finance services.


Main duties of the job

Strategic Financial Advice: Be the finance lead for the cross cutting workstreams identified in the Model Hospital / Model Health Systems data. Support the trust with the effective use of external / internal benchmarking data to drive efficiencies. Ensure that all statutory / NHS returns represent a true and fair view and meet financial timescales and legal requirements, interpreting these where necessary.

Complex Problem Resolution: Investigate and advise on highly complex business management issues. Your insights will be crucial in enhancing financial awareness, and improving business performance.

Financial Performance Enhancement: Strive for continuous improvement by identifying opportunities to enhance financial performance, driving efficiency and effectiveness.

Expertise: Leverage your financial acumen and business savvy to unravel intricate financial challenges and provide strategic solutions.

Visionary Leadership: Be the guiding force in fostering financial success, efficiency, effectiveness, and a patient-centric approach.

Collaboration: Work hand-in-hand with stakeholders to ensure a unified and holistic approach to financial management, fostering a culture of collaboration and excellence.


Working for our organisation

Why Choose OneLSC and Lancashire Teaching Hospitals:

* A vibrant, diverse, and inclusive healthcare community
* Cutting-edge facilities and technology
* Opportunities for continuous professional development
* A culture that values and recognizes your contributions

About Us: With over 1000 beds, Lancashire Teaching Hospitals stands as a beacon of healthcare excellence. Our specialties range from the conventional to the extraordinary, as we proudly serve as a Tertiary Centre for Lancashire and South Cumbria in Neurosciences, Trauma, Oncology, and Renal Medicine.

Your Impact: Be part of a team that's not just meeting healthcare needs but exceeding them. Whether you're in Neurosciences, Trauma, Oncology, or Renal Medicine, your contribution matters. Lancashire Teaching Hospitals is the nexus where expertise meets compassion, and we're inviting you to make a difference.

Open to All Applications: This is not just a job; it's a calling. One LSC and Lancashire Teaching Hospitals NHS Foundation Trust welcomes applications from individuals across various trusts, fostering diversity, and enriching our healthcare community.


Detailed job description and main responsibilities

See attached document for full job description and person specification

Relationship Building: To actively develop internal relationships and work with the Continuous Improvement, Finance & Procurement Teams and key stakeholders, ensuring full clinical and non-clinical engagement

Financial Management: Take the lead for the Department in advising and recommending alternative courses of action to improve financial performance. Ensure the financial advisory service is efficient and effective.

Strategic Advisory: Produce realistic forecasts for FRP in conjunction and agreement with the Divisional Finance Leads/Service Leads. Provide information to the division to ensure corrective actions are agreed for any deviations from plan.

Team Leadership: Provide overall management and supervision to the Divisional Financial Management Team, fostering an efficient and timely service. Support staff development and contribute to the broader goals of the Trust.

Performance Reporting: Deliver complex reports on financial performance for the division to the Assistant Finance Director and Executive Team, ensuring timely and accurate information.


Person specification


Qualifications


Essential criteria

* CCAB or CIMA full member
* Participation in the Continuing Professional Development Programme.


Desirable criteria

* Leadership qualification


Knowledge & Experience


Essential criteria

* Extensive experience in an NHS Finance environment and/or extensive post qualification financial management experience.
* Expert knowledge of costing and pricing methodologies
* Expert knowledge of Financial and Accounting Procedures
* Proven track record in a staff management and leadership role
* Experience of working with Directors ,senior and operational managers and clinicians, evidence of effective challenge
* Extensive experience of working with others to ensure direction and policies are attainable within available resources


Desirable criteria

* Acute Sector experience
* Knowledge of NHS Strategy and Policy
* Experience in complex organisational change projects
* Experience in use of virtual technologies to conduct meetings, deliver interventions and deliver training/information sessions.


Skills & Abilities


Essential criteria

* Able to communicate and present highly complex, sensitive or contentious information where agreement or cooperation is required
* Able to negotiate with NHS/external organisations over cost/service issues
* Ability to act as line manager for a discrete work area within finance
* Ability to design and implement policy across more than one area of activity
* Able to work autonomously guided by organisational and broad occupational policies
* Able to challenge established practices and propose alternatives
* Proactive with excellent problem solving skills
* Ability to confidently interrogate electronic ledger and costing systems
* Proven ability in use of spreadsheet packages including ability to design and modify spreadsheet models
* Ability to plan and organise a broad range of complex activities, formulate and adjust plans or strategies
* Able to use appropriate methods for gathering, analysing, interpreting and presenting information on a range of highly complex problems where there may be no precedent or where opinions may conflict
* Strong leadership qualities, experience in encouraging and achieving development of both staff and yourself.
* Ability to concentrate for prolonged periods within a busy office environment and to switch tasks to respond to priorities
* Ability to digest, interpret and present the implications of national guidance.


Desirable criteria

* Networking Links
* Oracle Financial Ledger experience / ESR experience
* Involvement in FSD or staff development initiatives

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