Key Responsibilities Financial Management & Governance Lead on the day-to-day financial management of the practice/PCN, ensuring financial stability and sustainability.
Maintain live budgets and cashflow forecasts, providing regular updates to the Senior Practice Manager and partners.
Oversee payroll processes, working closely with the Finance Administrator to ensure accuracy, compliance, and timeliness.
Manage bank accounts, authorisations, reconciliations, and cashflow monitoring.
Ensure robust financial controls, policies, and procedures are in place and adhered to.
Prepare financial reports for the Finance, Risk & Strategy Committee (FRSC), including variance analysis and financial forecasts.
PCN & Primary Care Contracting Lead on PCN ARRS budgeting, workforce funding monitoring, and reconciliation of income and expenditure.
Ensure full understanding and correct application of Primary Care funding streams, including GMS/PMS/APMS, QOF, PCN DES, and other enhanced services.
Oversight of PCSE statements for verification of income and expenditure.
Oversee invoice processing and claims submissions, ensuring timely and accurate claims to NHS commissioners and other bodies.
Monitor contract income and expenditure, ensuring compliance with contractual requirements and maximising income recovery.
External Contracts & Stakeholder Management Maintain oversight of external contracts, service level agreements, and procurement arrangements.
Lead on contract reviews and renegotiations where appropriate, ensuring value for money and contractual compliance.
Act as a key point of contact for external accountants, auditors, and financial advisors.
Support year-end accounts, audits, and financial returns, working closely with accountants and senior management.
Business Planning & Development Contribute to the development and implementation of new business initiatives and service developments.
Provide financial modelling and business case development for new services, investments, and growth opportunities.
Support strategic planning by providing clear financial insight and options to senior leadership.
Identify opportunities for efficiency savings and improved financial performance.
Leadership & Collaboration Work in close partnership with the Senior Practice Manager and Clinical Lead to ensure transparent communication and shared financial awareness across the leadership team.
Line manage and support the Finance Administrators, providing guidance, training, and development.
Contribute to senior management meetings and strategic forums as required.
Promote a culture of financial accountability and understanding across the wider team.
Compliance & Risk Ensure compliance with NHS financial regulations, policies, and governance requirements.
Identify financial risks and propose mitigation plans.
Maintain accurate financial records in line with best practice and regulatory requirements.
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