Detailed job description and main responsibilities
The post holder will be an integral part of the Planning structure and will support and be accountable to the Trust Head of Strategic Financial Planning in the provision of an effective and efficient Planning and Cost Improvement reporting function across the Trust, which ensures the delivery of high quality patient centred services within the resources available. They will work with the Trust Head of Strategic Financial Planning and colleagues in other directorates as appropriate to ensure plans are modelled correctly.
The post holder will maintain and update the Trust Long Term Financial Model (LTFM). They will conduct scenario based financial modelling and provide support to the annual budget setting processes. The corporate nature of this role requires the post holder to work closely with members throughout the organisation. The post holder will regularly maintain and refresh the Trust LTFM, accurately modelling assumptions and adjustments to reconcile to the Trust financial statements.
The role will also link to other aspects of the planning and cost improvement finance function including supporting the Head of Finance - Transformation with the Cost Improvement Programme (CIP) together, ensuring that all CIP related information data and outputs are maintained and provided to meet business needs and allow for timely responses to queries received.
In addition to core planning and LTFM maintenance, the post holder will support the Trust Head of Strategic Financial Planning in health economy wide financial modelling for the NHS and local authorities across Leicester, Leicestershire and Rutland (LLR).
The post holder will support financial input to business cases, projects and bids across the Trust.
The post holder will, under guidance from the Trust Head of Strategic Financial Planning, provide financial and other appropriate training and advice to staff at the Trust. They will also provide support and training opportunities to finance trainees within the organisation and also to any other new starters as required within the organisation.
Budget
The post holder will support the Trust Head of Strategic Financial Planning with the annual budget setting process, including completion of templates and consolidation of plans and reserves during the budget setting process. Linked to this is the triangulation of use of Whole Time Equivalent (WTE) data to align to workforce plan submissions together with integration of CIP plans.
Staff
The post holder has no line management responsibility.
Policy
The post holder will provide operational advice on the full range of financial planning, contributing and supporting Trust-wide policies where relevant.
Communications
Support the Trust Head of Strategic Financial Planning and the Head of Finance - Transformation to effectively manage the Financial Planning and CIP service. This will involve a close working relationship to seek corrective action where necessary and to shape the provision of a more efficient service that meets the needs of the Financial Planning function. The post holder will act as a point of contact for issues identified within the finance team and identify and communicate the sharing of good practice.
Person specification
Training & Qualifications
Essential criteria:
* Post Graduate Diploma level or equivalent experience
* A desire to further develop both formally and informally
Desirable criteria:
* Experience of maintaining Long Term Financial Model (LTFM)
* Experience of financial management within the NHS
* Experience of reference costing/Service Line Reporting and Patient Level Costing
Experience
Essential criteria:
* Proven experience of financial management within a large organisation
* Conversant with information management and technology, including Microsoft Office and financial systems
* Demonstrate solid achievement in their current role
Desirable criteria:
* Experience of maintaining Long Term Financial Model (LTFM)
* Experience of financial management within the NHS
* Experience of reference costing/Service Line Reporting and Patient Level Costing
Communication and relationship skills
Essential criteria:
* Strong verbal and written communication and listening skills
* Tactful, diplomatic and at ease with all people, including senior finance colleagues, clinical teams and management teams
Analytical and Judgement skills
Essential criteria:
* Strong analytical and interpretative skills
* Ability to present complex information in an understandable and meaningful way to different audiences
* Financial modelling experience with proven ability to think logically and solve problems involving complex data
Skills
Essential criteria:
* Advanced Keyboard Skills; including Microsoft, GL applications
* Potential to develop and change within the changing NHS
Desirable criteria:
* Proven ability to manage large amounts of data through various spread sheet models
Planning and organisation skills
Essential criteria:
* Ability to work under pressure, to prioritise and work to tight deadlines
Other requirements specific to the role
Essential criteria:
* Theoretical knowledge of NHS accounting
* Ambition to succeed
Desirable criteria:
* Have a flexible approach to working and be available to work outside normal hours as and when required
Commitment to Trust Values and Behaviours
Essential criteria:
* Must be able to demonstrate behaviours consistent with the Trust's Values and Behaviours
Equality, Diversity and Inclusion
Essential criteria:
* Able to demonstrate a commitment and understanding of the importance of treating all individuals with dignity and respect appropriate to their individual needs
* All staff are expected to engage in compassionate and inclusive leadership in the provision of high quality care and interactions with others
UHL is an equal opportunities employer. We aim to employ a workforce that reflects the diverse communities we serve. We welcome applications from people from all backgrounds who match our job criteria.
Disclosure and Barring Service Check
Please note if you are successful in obtaining this position and the post involves regulated activity you will be required to undertake a Disclosure & Barring Service check. The Trust will pay for the check initially and the money will then be deducted from your salary over a three month period commencing on your first month's payment. The current price of a check is £38 for an enhanced and £18 for a standard check.
COVID 19 Risk Assessment
Due to the current Covid pandemic we have introduced a staff risk assessment into our pre-employment process. This now forms part of the mandatory pre-employment checks that will be carried out if you receive a conditional offer. The risk assessment is intended to ensure you are able to safely perform your duties in any of our work areas, and if you have been identified as being particularly vulnerable to coronavirus. Our main aim is to reduce risk and to ensure the safety of all new starters to the Trust as well as current staff, patients and visitors.
If it is identified that you are within a vulnerable category, we will endeavour to make reasonable adjustments to accommodate this through discussions with both Occupational Health and your recruiting manager.
Covid Vaccination Status
Covid-19 vaccination remains the best way to protect yourself, family, colleagues and our patients/service users from the Covid-19 virus. We therefore continue to encourage our current and potential colleagues to get vaccinated.
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