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St George's University Hospitals, City of Westminster
- Onsite working
- Part time
- Temporary
Posted today, 25 Apr
Job ref: 57d57bc9a37040e0a1594d3eea0cc3a1
Full Job Description
To
The role of the financial management team is to provide financial information and support to the Trust to enable managers to manage income and resources effectively to provide high quality care for patients. The team also reports on financial performance to external bodies such as the Department of Health and Monitor. This includes setting annual budgets, the provision of regular financial reports on performance to key managers and budget holders, production of Service Line Reports/Patient Level Costing information, advice on financial control and operational issues, input to cost improvement plans and business cases and other issues with financial implications.
This post is responsible for supporting one of the clinical operational divisions within the Trust. This is a key role and the postholder will be expected to work autonomously whilst building strong, open and professional relations with the clinicians, managers and senior finance staff., To support divisional directors and managers to manage the division's resources effectively to provide high quality care for patients. To provide high quality financial information and advice to enable the division to meet its operational and strategic objectives. To play an active role in developing the business skills of divisional managers and clinicians.
To work with the central finance team to manage and report on the overall use of the resources of the Trust and to meet financial and service targets
Working for our organisation
St George's, Epsom and St Helier University Hospitals and Health Group cares for a population of four million people in South West London and North East Surrey. Our sites include St George's Hospital, one of 11 major trauma centres in the UK and the largest healthcare provider and major teaching hospital in the area; St Helier Hospital, home to the South West Thames Renal and Transplantation Unit and Queen Mary's Hospital for Children; and Epsom Hospital, home to the South West London Elective Orthopaedic Centre (SWLEOC).
After years of collaboration, our two Trusts became a hospitals group in 2021. While remaining as two separate Trusts, being a hospitals group will help us to collaborate more closely on research, and the development, education, and training of our 17,000-strong workforce.
Detailed job description and main responsibilities
1. To provide high quality timely and accurate financial information to enable divisional managers to assess financial performance. To analyse and interpret information, linking finance to activity and workforce data and support/advise managers on actions to deal with pressures so they can meet agreed financial/service plans.
2. To direct and lead the work of their supporting team, currently one finance manager and liaise with the central finance team to ensure that divisional managers get high quality information and support.
3. To line manage and motivate his/her direct report to perform effectively, develop his/her skills be a successful member of the finance team.
4. To meet trust-wide reporting requirements and adhere to Trust financial policies and standards.
5. To represent the Trust's financial interests when dealing with 3rd party contractors and external organisations eg in negotiating contracts.
6. To work with divisional managers to review financial performance and to forecast income and spend for the rest of each financial year.
7. To work with managers to prepare realistic annual budgets and business plans.
8. To work with clinicians and managers in the division to develop their financial skills, understand financial concepts, and strengthen their ability to manage their budgets effectively. This will be through the provision of formal training and informal coaching/guidance.
9. To contribute to the development of robust, deliverable transformation and savings plans, contributing ideas, providing constructive challenge and technical input to costing etc
10. To present financial information when required to divisional/directorate/care group management teams and ensure they are aware of the Trust's overall financial position
11. As senior members of the finance team to contribute to the effective leadership and direction of the function and the continual improvement and development of the team.
12. To develop the use of service line reporting/patient level costing information is used effectively to inform business cases and business decisions
13. To contribute to the development of capital or revenue business cases with comprehensive activity and financial analysis, to ensure that the Trust has an objective view of the implications of proposed service developments.
14. To ensure divisional managers are aware of the Trust's financial governance requirements, eg SFIs/SOs, and to advise on their application as well as supporting the divisional team to address audit comments and recommendations.
15. To support completion of the Trust's annual accounts and other statutory/regulatory returns as required.
16. To investigate and advise on complex issues that arise in the division/Trust & lead on providing financial and business planning advice to the Directorate.
17. To analyse and use comparative cost information/benchmarking to achieve the most effective use of Trust resources
18. To work with the central finance team to make effective use of financial systems and the use of information technology to streamline processes and provide user friendly information.
19. Any other duties, commensurate with the grade and nature of this post.
The role of the financial management team is to provide financial information and support to the Trust to enable managers to manage income and resources effectively to provide high quality care for patients. The team also reports on financial performance to external bodies such as the Department of Health and Monitor. This includes setting annual budgets, the provision of regular financial reports on performance to key managers and budget holders, production of Service Line Reports/Patient Level Costing information, advice on financial control and operational issues, input to cost improvement plans and business cases and other issues with financial implications.
This post is responsible for supporting one of the clinical operational divisions within the Trust. This is a key role and the postholder will be expected to work autonomously whilst building strong, open and professional relations with the clinicians, managers and senior finance staff., To support divisional directors and managers to manage the division's resources effectively to provide high quality care for patients. To provide high quality financial information and advice to enable the division to meet its operational and strategic objectives. To play an active role in developing the business skills of divisional managers and clinicians.
To work with the central finance team to manage and report on the overall use of the resources of the Trust and to meet financial and service targets
Working for our organisation
St George's, Epsom and St Helier University Hospitals and Health Group cares for a population of four million people in South West London and North East Surrey. Our sites include St George's Hospital, one of 11 major trauma centres in the UK and the largest healthcare provider and major teaching hospital in the area; St Helier Hospital, home to the South West Thames Renal and Transplantation Unit and Queen Mary's Hospital for Children; and Epsom Hospital, home to the South West London Elective Orthopaedic Centre (SWLEOC).
After years of collaboration, our two Trusts became a hospitals group in 2021. While remaining as two separate Trusts, being a hospitals group will help us to collaborate more closely on research, and the development, education, and training of our 17,000-strong workforce.
Detailed job description and main responsibilities
1. To provide high quality timely and accurate financial information to enable divisional managers to assess financial performance. To analyse and interpret information, linking finance to activity and workforce data and support/advise managers on actions to deal with pressures so they can meet agreed financial/service plans.
2. To direct and lead the work of their supporting team, currently one finance manager and liaise with the central finance team to ensure that divisional managers get high quality information and support.
3. To line manage and motivate his/her direct report to perform effectively, develop his/her skills be a successful member of the finance team.
4. To meet trust-wide reporting requirements and adhere to Trust financial policies and standards.
5. To represent the Trust's financial interests when dealing with 3rd party contractors and external organisations eg in negotiating contracts.
6. To work with divisional managers to review financial performance and to forecast income and spend for the rest of each financial year.
7. To work with managers to prepare realistic annual budgets and business plans.
8. To work with clinicians and managers in the division to develop their financial skills, understand financial concepts, and strengthen their ability to manage their budgets effectively. This will be through the provision of formal training and informal coaching/guidance.
9. To contribute to the development of robust, deliverable transformation and savings plans, contributing ideas, providing constructive challenge and technical input to costing etc
10. To present financial information when required to divisional/directorate/care group management teams and ensure they are aware of the Trust's overall financial position
11. As senior members of the finance team to contribute to the effective leadership and direction of the function and the continual improvement and development of the team.
12. To develop the use of service line reporting/patient level costing information is used effectively to inform business cases and business decisions
13. To contribute to the development of capital or revenue business cases with comprehensive activity and financial analysis, to ensure that the Trust has an objective view of the implications of proposed service developments.
14. To ensure divisional managers are aware of the Trust's financial governance requirements, eg SFIs/SOs, and to advise on their application as well as supporting the divisional team to address audit comments and recommendations.
15. To support completion of the Trust's annual accounts and other statutory/regulatory returns as required.
16. To investigate and advise on complex issues that arise in the division/Trust & lead on providing financial and business planning advice to the Directorate.
17. To analyse and use comparative cost information/benchmarking to achieve the most effective use of Trust resources
18. To work with the central finance team to make effective use of financial systems and the use of information technology to streamline processes and provide user friendly information.
19. Any other duties, commensurate with the grade and nature of this post.
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