Finance Manager

This is an IT support group; Chorley; On-site; GBP 40,000 - 80,000

Job description

Job Description

Peripatetic Finance Manager

Euxton Hall Hospital - Shared Service Centre– Chorley, Lancashire

Full Time 37.5 Hours

The peripatetic role is to work with the Commercial Accountants in supporting local SLT members by covering where there are vacancies; or supporting new Finance Managers in role; or supporting Finance Managers where requested to do so by the Operations Directors. It may also involve mentoring some Finance Managers who are new in post.

The Role

As a member of the hospital’s Senior Leadership Team, and working with the Commercial Accountant, the Peripatetic Finance Manager provides analysis and insight on the financial performance of the hospital, through the delivery of timely and accurate financial information. They develop and control the hospital’s operating budget to ensure that all financial targets are met, working with the Hospital Director to set recovery plans where necessary. The Peripatetic Finance Manager partners with other departments in the analysis of their financial KPIs, challenging and offering guidance to support business growth plans, and also ensures a robust control environment through compliance with all policies and procedures. They additionally contribute ad-hoc analysis and insights as required for Cluster, Corporate, UK, or Global requirements.

In addition, the Peripatetic Finance Manager is to support the Commercial Accountants in their role, through involvement in site, Super Cluster or group wide projects and discrete tasks, as required. This may also involve carrying out audits of financial operations and devising action plans on behalf of the Commercial Accountant.

Key Responsibilities

• Guide and perform operational and strategic planning, budgeting and forecasting, alongside the SLT. Submit weekly forecasts, and highlight sensitivities around these through risks and opportunities.
• Active member of the Hospital SLT; contributing to areas outside of functional expertise, including on-call.
• Responsible for the production of monthly management accounts, balance sheet reconciliation, financial reports and other required reports within company guidelines.
• Responsible and accountable for ensuring the hospital complies with the relevant statutory accounting requirements by delivering required reports.
• Finance Lead for the annual negotiation and monthly management of NHS contracts. Attend all NHS contract meetings with the ICB/Trusts to ensure any finance actions or queries are fully resolved within agreed timescales.
• Ensure accurate and timely NHS reconciliations on a monthly and quarterly basis through to consolidated invoicing and cash allocation.
• Manage interrelated finance systems to drive continuous improvements to systems, data and processes.
• Identify issues and trends and recommend solutions to address complex situations, applying modelling tools and techniques to deliver insights and analysis.
• Produce insightful, integrated and accurate management reporting information that enhances decision making.
• Influence and steer the development of business cases and investment proposals to enable effective decision making. Lead the preparation and evaluation of capital expenditure requests for the hospital.
• Control and governance over the Hospital’s workforce utilisation across Perm; Bank and Agency staff. Ensuring the right conversations are happening to optimise operational efficiency and financial metrics.
• Manage payroll, billing and revenue capture processes.
• Manage risk through use of assurance and compliance frameworks relating to workplace safety, incident management and infection control.
• Evaluate, develop and maintain own performance through commitment to growing professional skills and industry knowledge.
• Write the financial section of the 3-year hospital plan and update annually.
• 100% compliance with report deadlines.
• Maintain days unbilled revenue at equal to or less than hospital target.
• Meet debtor day target.
• Meet or improve on departmental and hospital budget targets.
• Ensure weekly forecasts are submitted on time.
• Demonstrate and support the Ramsay leadership behaviours.
• Proactively support staff development, performance, and career progression.
• Actively manage 100% of workforce vacancies.
• Develop action plans to address areas for improvement arising from staff satisfaction surveys.
• Assess financial risks and maintain the financial components of the hospital risk register.

What You Will Bring With You

• Strong QBE accountant through significant experience in a senior finance role, (ACA, ACCA, CIMA) with 1-3 years post qualified experience (within a Healthcare setting desirable).
• Strong commercial understanding and experience with finance transactions and accounting, preparation of reports and budgets, assurance, and compliance.
• Experience controlling budget preparation for a business.
• Strong business acumen and business partnering experience, with the ability to analyse, interpret and utilise data to determine insightful observations that contribute to business improvements.
• Demonstrated ability to identify opportunities through data analysis, and lead a project that improves business performance.
• Experience using business acumen skills to contribute broader benefits to the business, and expand remit beyond own hospitals.
• High standard of accuracy with financial and statistical data, and championing of data standards.
• Experience building and maintaining relationships with internal and external stakeholders.
• Strong decision making and influencing skills.
• Excellent communication and interpersonal skills including being inquisitive, empathetic, clear and concise.
• Demonstrated ability to liaise with all levels and functions of a business including the SLT.
• Demonstrated ability to foster collaboration and influence decision making amongst stakeholders in the SLT and in clinical teams.
• Experience successfully leading and motivating a diverse team.
• Experience managing poor performance within a diverse team.
• Experienced with successfully leading and motivating a wide team that extends beyond the finance function.
• Proven ability to plan and prioritise own workload to meet tight deadlines and take initiative.
• Sound computer skills using the MS Office Suite, especially Excel, with experience analysing large volumes of data to identify trends.
• Experience using SAP and Adaptive Planning (desirable), and comfortable learning new systems.
• Strong computer skills and experience accessing and analysing data, preparing accounts, and uncovering insights.
• Able to write and present reports to diverse stakeholders, to influence decision making and achieve improvements.

Benefits

• 25 Days Leave + Bank Holidays
• Buy & Sell Flexi Leave Options
• Private Pension where Ramsay will match up to 5% after a qualifying period
• Enhanced Competitive Parental Leave Policies
• Private Medical Cover with option to add partner & dependants
• Life Assurance (Death in Service) x3 base salary
• Free Training and Development via the Ramsay Academy
• Free Parking on site (where possible)
• Subsidised staff restaurant (where possible)
• Concerts for Carers
• Employee Assistance Programme
• Cycle2Work scheme available, in partnership with Halfords
• The Blue Light Card Scheme

About Us

Ramsay Health Care UK is a well-established global hospital group with over 50 years’ experience. We are a global provider operating in 8 countries, with 88,000 staff who treat 8 million patients each year. It is well respected within the healthcare industry and is one of the leading providers of independent hospital services in England. We are well known for our strong, long-standing relationship with the NHS.

We love people with a positive, “can do” attitude who want to make a difference in their work. "Our employees are Ramsay." The skills and commitment of our employees forms the basis for our success. We are able to support training and development to our employees, to deliver a high standard of clinical care whilst ensuring patient safety, dignity and confidentiality. We are a progressive and caring facility and support the Ramsay vision “People caring for People”. We know our people are our greatest asset, our business is growing and we would like you to join us.

We care.

It’s more than what we do, it’s who we are. Everything we do is about striving to deliver the best care. And it's a belief that's as true today as it was when we welcomed our first patients in 1964.

“The Ramsay Way” culture recognises that our people are our most important asset and this has been key to our ongoing success.

We are proud to support the UK’s Armed Forces and Reservists and have already achieved the Silver Award as part of the MOD’s Armed Forces Covenant Employer Recognition Scheme. The scheme recognises employers who actively support Defence while encouraging other organisations to adopt the same behaviours in their workplace. As a company we are committed to supporting the wider Armed Forces community and this includes our staff as well as our patients.

We are committed to equality of opportunity for all. This position is subject to background and DBS checks.