Bank Finance Manager Band 8A

Our trust has around 10,000 staff serving 1.6 million patients. It comprises Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital and more than 30 services in the community. This larger scale organisation provides an unprecedented opportunity for us to continue our pioneering work, particularly in finding ways to deliver even better care to our patients.
Our mission is to deliver world class care and expertise in our clinical services, underpinned by world class teaching and research and we will continue to measure our progress against our five governing objectives: excellent outcomes, excellent patient and staff experience, excellent value for taxpayers’ money, being safe and meeting our external duties, and building a strong organisation.
Everyone is welcome at Royal Free London NHS Foundation Trust. We’re proud of our diversity and we continue to undertake new initiatives to advance equality for LGBT+, BME, gender equality, staff carers and people with disabilities and lived experiences to promote good relations and understanding between our staff.

Detailed job description and main responsibilities
MAIN DUTIES AND RESPONSIBILITIES :-

Royal Free World Class Values

The post holder will offer World Class Care to service users, staff, colleagues, clients and patients alike.
1. RESPONSIBILITY FOR POLICY AND SERVICE DEVELOPMENT

The post holder will be responsible for budget setting for their Directorate’s in line with the policies and processes specified.
The post holder will be responsible for ensuring that the Directorate’s period end finance reports are appropriate, complete and accurate and contains all the information required to brief the Board on the financial performance of the Directorate. They will need to continuously review and improve the content of the pack.
The post holder will be responsible for the integrity of the financial data contained within finance reports and directorate budget reports. They will be expected to review and analyse the data before disseminating it to other interested parties and to include clear, concise and informative commentary on the figures reported.
They will be responsible for exploring better methods of presenting financial information to the Divisional Board and other users supporting the Head of Finance for the division. This will require strong Excel skills and a good working knowledge of Word and PowerPoint.
The post holder will be expected to ensure that reporting timelines are reduced as required by the Head of Finance (Reporting).
The post holder will be expected to work closely with the Directorates to ensure that they receive appropriate sound financial advice which they review and use to take decisions on costs.

2. RESPONSIBILITY FOR FINANCIAL AND PHYSICAL RESOURCES

The post holder will be expected to ensure that accurate records of departments’ performance against QIPP (Quality Innovation Productivity and Prevention) are maintained and that departmental heads understand their progress towards targets. They will also be expected to ensure that action plans to improve performance are articulated and implemented should the QIPP plan not be being met
The post holder will be expected to provide reports to budget holders within Directorates. One of the key tasks of the post holder will be to reduce the timelines by which month end reports are prepared and issued. In addition, they will be expected to ensure that concise, accurate, relevant, business focused comment is given to users with the financial data and ensure that the information is used to support continuous improvements in operational performance within the Trust.

For further information please refer to the attached JD and PS.

Person specification

Royal Free World Class Values

Essential criteria

Demonstrable ability to meet the Trust Values

Experience

Essential criteria

Relevant post qualification experience or significant management accounting or equivalent experience in a similar organisation.
Experience of managing and developing staff

Desirable criteria

Knowledge and understanding of the NHS financial environment.

Education & Qualifications

Essential criteria

Professional qualification (CCAB) in accountancy (CIMA, ACA, CIPFA, ACCA)
Evidence of having kept technically up to date since qualification

Desirable criteria

Degree
First time passes in professional examinations
Attendance at an Accounting for Foundation Trusts course

Skills and Aptitudes

Essential criteria

Analytical skills with the ability to communicate clearly the results of such analysis.
Excellent communicator both verbally and in writing.
Ability to make use of systems (e.g. Excel, Access, Microsoft Word) to prepare and present accurate, clear information and to identify what can be produced from other financial systems.
Ability to present and explain financial information in a manner that can easily be understood by non-finance managers.
Record of delivering to tight deadlines.
Record of improving processes and reporting in previous roles.
Record of influencing staff, colleagues and budget holders to achieve positive outcomes.
Record of analysing areas of work to identify and implement improvements.
Record of successfully training and coaching staff

Personal Qualities & attributes

Essential criteria

Team player who complies with policies set by senior management
Flexible and resilient

Covid-19 Vaccination

Getting vaccinated, and getting a booster, remains the best defence against COVID-19. We encourage and support staff to get COVID-19 vaccine and a booster dose as and when they are eligible.

AT* – Apprenticeship Training. Where AT* is entered next to the job title indicates that this vacancy is for an apprenticeship role.
By applying for this role, you accept if successful, that your personal data may be transferred from the Trust to another NHS organisation where your employment transfers within the NHS. This is in accordance with the streamlining programme which aims at saving you time and improving efficiencies within the NHS when your employment transfers. Therefore we require you to complete your stat and Man e-learning modules prior to joining our organisation.
If you are an EU/EEA citizen who does not have EU Settlement or Pre-Settled status, you will require a visa to work in the UK.
Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. Before submitting your application and to avoid disappointment please check that you are eligible under the UKVI points based system.
If you are offered a role with one of the NLPSS partner trusts, as part of pre-employment checks your identity and right to work documentation will be verified remotely (in most circumstances), using a certified identity verification service provider TrustID. You will be asked to capture an image of the relevant documents as well as a “selfie” using your smartphone/tablet (if available) for facial matching. TrustID will also perform a digital address check using Trunarrative and Equifax, which is a soft check and does not leave a footprint on your credit rating. For more information, visit www.trustid.co.uk
The Trust uses electronic new starter forms on Trac to collect personal details. Information collected is securely stored and used to set up the employee record on the ESR HR system.
The Trust will request a DBS (CRB) if post involves regulated activities. The Trust is compliant with the Disclosure and Barring Service Codes of practice and the Rehabilitation of offenders act.
By applying for this post you are agreeing to Royal Free London NHS Foundation Trust transferring the information contained in this application to its preferred applicant management system. If you are offered a job, information will also be transferred into the national NHS Electronic Staff Records system.
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