Deputy Head of Finance Business Partnering

Posted 7 hours 28 minutes ago by NHS

Permanent
Full Time
University and College Jobs
South Glamorgan, Cardiff, United Kingdom
Job Description
Deputy Head of Finance Business Partnering The post holder will be a leading finance professional and key member of the Senior Finance Team within the Trust. The post holder will also be a key member and active participant within the senior management teams of the Velindre Cancer Service. They will support the Head of Finance Business Partnering in the management and responsibility for the overall performance of the devolved divisional finance teams and ensure the delivery of an efficient and effective business partner finance service.

The post holder will provide leadership, strategic and professional managerial and operational responsibility for the delivery of a Trust wide business partner financial management and advice service. They will work closely with the Head of Finance Business Partnering, Deputy Director of Finance, Divisional Directors and other senior managers in providing innovative, pro active financial advice and support to the organisation, whilst overseeing the development and delivery of robust divisional financial processes and controls.

Main duties of the job The post holder will have the key responsibility in supporting the vision and leadership in the development and implementation of the VCS financial strategy, leading to the delivery of annual financial plans and their translation into agreed budgets across the two service delivery divisions inclusive of required CIP targets.

Working closely with the Head of Finance Business Partnering, Deputy Director of Finance and other colleagues the post holder will also play a significant role in all commissioning and contracting discussions with other NHS and external organisations.

The post holder will deputise for the Head of Finance Business Partnering across both internal and external meetings / duties as required.

The ability to speak Welsh is desirable for this post; Welsh and/or English speakers are equally welcome to apply.

About us Here at Velindre University NHS Trust we are extremely proud of the specialist services we provide across the whole of Wales in our cutting edge Velindre Cancer Centre and our award winning Welsh Blood Service, as well as the expertise of our corporate functions that bring the two divisions together. We are also fortunate to host the NHS Wales Shared Services Partnership and Health Technology Wales and have developed strong partnership working with these expert services.

Formed in 1994, the Trust has a dedicated workforce that continuously strives to apply the key principles of value based healthcare through a wide array of roles. We play a vital role in the communities we support and have ambitious plans for the future to continue to improve the services we deliver. We strive to maintain our core values in everything we do by being; accountable, bold, caring and dynamic, and ensuring the best possible care for our patients and donors.

At Velindre University NHS Trust we aim to foster a culture of discovery, collaboration, and continuous improvement. We will achieve this by embedding research and innovation into everything we do, to deliver meaningful, measurable impact for our patients and communities.

If you want to work for an organisation that prides itself on making a real difference and offers exciting career opportunities then Velindre University NHS Trust is the place for you.

Job responsibilities You will be able to find a full Job description and Person Specification attached within the supporting documents or please click "Apply now" to view in Trac

Leadership and Management Ensure that the finance business partner function is proactive and influential in its contribution to the Trusts strategic and operational plan and to encourage and ensure a culture of continuous improvement, innovation and professional excellence is achieved. To undertake the role of a senior business partner, working alongside the divisional directors and senior budget holders to provide expert professional financial, management and business advice covering all aspects of service delivery. Provide leadership and direction across situations where highly complex ideas or concepts need to be conveyed and implemented across the organisation in easily understood language. To support the Head of Finance Business Partnering in providing direction, leadership and motivation of the divisional finance teams to ensure a high standard of professionalism, efficiency and effectiveness in the delivery of the financial business partnering services, ensuring that activity is fully aligned to the business of the Trust. This will include coaching and mentoring, resource planning, standard setting, performance management, team and individual development. Ensure that agreed annual objectives with all divisional finance staff are managed and trained appropriately to deliver against key objectives. Ensure that the Trusts aims and objectives are clearly understood and communicated to the staff within the team. Ensure robust systems of governance, financial control and risk management operates within the divisions. Provide impartial professional advice and meaningful financial analysis and interpretation, to support formulation of strategy, planning and decision making. Provide leadership and insight into the maximisation of Value Based Healthcare principles within the VCS and wider Trust. Financial Management and Planning In collaboration with the Head of Finance Business Partnering and divisional Finance Teams, formulate short, medium and longer term divisional financial strategic plans which involve uncertainty and may impact on the entire organisation ensuring they fit within the Trusts overall strategic plans and ensures financial viability. To regularly monitor and review plans and adjust for changes in local need and in response to changes in national policy guidance and to lead and sponsor finance projects to develop new ways of working in line with the strategies and business plans. Ensure active involvement and influence on material business decisions to ensure that the immediate and longer term implications, opportunities and risks are fully considered and consistent with the overall financial strategy. To manage the operation of the Oracle Finance System to ensure it effectively processes and captures financial information to best support and meet the needs of the Divisional reporting requirements. Lead the promotion and delivery of good financial management, so that the divisions resources are safeguarded, used appropriately, economically, efficiently and effectively by overseeing budget execution, monitoring, forecasting and reporting on income and expenditure. To provide advice on and develop the financial aspects of business cases, service delivery options and general investment / disinvestment alternatives. This will include evaluating and critiquing strategic proposals and initiatives from within the organisation and those from the Welsh Government and partner organisations. To identify opportunities for optimising the resources available to the Trust for the purposes of improving patient care whilst maximising value. Financial Performance and Procurement In collaboration with the Head of Finance Business Partnering and divisional Finance Teams, development of detailed financial projections to manage and oversee the delivery of a financial outturn position which is in line with the approved annual financial plan within the service delivery divisions, ensuring that any cost improvement programmes and cash releasing efficiency schemes are delivered. To ensure the proper use, monitoring and management of operational budgets. This will include prioritisation, budget setting, supervision of delegated budgets and control and procurement of capital equipment, to ensure compliance with the organisations Standing Orders and Standing Financial Instructions and ensure effective corporate governance. Advising on financial performance management and measurement and using benchmarking, to enhance the organisations performance by learning from the successful practices of others. Appraising and advising on commercial opportunities and their financial targets. Closely monitor performance against financial targets to ensure no surprises and enabling response to action to be planned; Balance the need for proactive service development and strategic leadership against the reactive demand of operational responsibilities and stakeholders. To work closely with NWSSP in overseeing and ensuring the divisions are adequately supported in discharging appropriate governance in their procurement requirements and ensuring the adoption of best practice in procurement through the use of framework agreements and appropriate competitive practices. Ensure that managers have expert advice and support in contract negotiations and subsequent contract monitoring. Relationships and Partnership Working To work closely with and support the Head of Finance Business Partnering and Deputy Director of Finance in developing strong and constructive working relationships with leading decision makers in partner organisations and key external stakeholders, such as other NHS organisations, Welsh Government, WHSSC, commercial private sector partner organisations, the third sector and local authorities. Work with external organisations as appropriate in collaborative schemes for delivery of joint strategy and service developments. Directly supporting the Head of Finance Business Partnering and Deputy Director of Finance in working closely with the Trusts Commissioning organisations, using excellent persuasive and negotiating skills to ensure appropriate and accurate commissioning and contracting arrangements are in place . click apply for full job details