Job summary
Being proactive in developing the Trusts finance/activity modelling and reporting both internal and for external use.
To aide in the development of the Trust long term financial strategy and analysis the effects of risks and decision on the trust financial position.
The post holder will support on the development of an automated model for reporting and benchmarking and to help implement a calibrate planning tool.
The post holder will be a member of a small team and will be required to work closely with finance, Performance and operational colleagues, project groups and other partner organisation, including other NHS organisations to ensure the provision of efficient and effective financial/Activity information.
Ensuring post holder is compliant with the Trusts mandatory training requirements as necessary.
Main duties of the job
To Lead in the development of the Trust financial reporting both for internal and external partners include Trust Board, Leadership teams and NHS England.
Co-ordinate the completion of the Finance report which goes to the Trust Board with the assistance of the Financial Accountant, ensuring the timetable is met. This includes directing and liaising with staff outside of the direct control.
To lead on the main sources of income into the trust ensuring that income is transacted appropriately each month with a clear audit trail to income schedules and contracts. All accounts to be fully reconciled and aligned to contract schedules on a monthly basis.
To be the lead in the AOB (Agreement of Balances) for income & receivables for the Trust. To have a clear understanding of the process and be knowledgeable on the guidance published by the NHSE.
About us
Starting with NELFT
NELFT place a great deal of importance on new starters being properly welcomed and inducted into the Trust. All new starters will join the Trust on the first Monday of each month and will undertake a comprehensive induction of up to two weeks which will include mandatory training, systems training and the allocation of equipment. As part of the process new starters will have the opportunity to also meet the executive team, senior managers and attend a number of drop in sessions focussing in engagement, health and wellbeing and key processes. The induction will be held at our head office in Rainham, Essex.
Probationary Period
This post will be subject to a probationary period. Internal applicants are exempt from the probationary period (unless you are an internal applicant currently part way through a probationary period or currently a bank member of staff).
High Cost Area Supplement
This post also attracts payment for High Cost Area Supplement of 15% of the basic salary (with a minimum of £4,551 to a maximum of £5,735).
We reserve the right to close this vacancy early should sufficient applications be received.
Job description
Job responsibilities
Being proactive in developing the Trusts finance/activity modelling and reporting both internal and for external use.
To aide in the development of the Trust long term financial strategy and analysis the effects of risks and decision on the trust financial position.
The post holder will support on the development of an automated model for reporting and benchmarking and to help implement a calibrate planning tool.
The post holder will be a member of a small team and will be required to work closely with finance, Performance and operational colleagues, project groups and other partner organisation, including other NHS organisations to ensure the provision of efficient and effective financial/Activity information.
Ensuring post holder is compliant with the Trusts mandatory training requirements as necessary.
In conjunction with other sections within the Finance, performance and business directorate, Executive Directors and budget holders, continually review current practices, procedures and systems to ensure that the most optimum use of resources is achieved in order to meet current and future requirements:
To promote an appropriate culture within the Trust, promoting awareness and benefits of relevant financial procedures and constraints. Build effective relationships with service users.
Communicate with both internal and external stakeholders, both verbally and in writing.
The post holder will be required to understand highly complex financial information and translate this to non-financial people and external organisations. This will include the presentation of table of costs material to a range of non-financial budgets holders and external partners in formats that are useful and understandable to them.
The post holder will be responsible for preparing and presenting financial reports to Service Management Teams, external and internal groups, facilitation and persuasion skills to gain their agreement.
Assist in the maintenance of an appropriate finance culture within the Trust, promoting awareness of relevant financial procedures and constraints Build effective relationships with service users.
Ensure that own knowledge and skills are constantly updated, including mandatory training.
Actively provide and receive management supervision and appraisals.
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Achieve and demonstrate agreed standards of personal and professional development within the agreed time scale.
Use of AI
Applications for this role should be written by the applicant. If artificial intelligence (AI) programmes are used then the application may be rejected due to this document being an important part of the assessment process. This does not prevent applicants seeking appropriate support with applications should they need to for the purposes of any declared disability.
Please see the attached job description and person specification for more information about this role and working at North East London NHS Foundation Trust. We encourage you to refer closely to this when completing your application.
We welcome your application even if you do not meet all the criteria listed in the person specification. Any development needs to help you succeed in the role, can be discussed at the interview stage.
Person Specification
Experience
Essential
oExperience in Staff Management Experience managing a large workload
Desirable
1 Year Experience
Qualifications
Essential
oCCAB Part qualified or fully qualified Accounting Technician with extensive post qualifying experience
Desirable
Qualified
test
Essential
ttest
Desirable
test
other skills
Essential
Management skills Reporting Experience
Desirable
Ability to work odd extended hrs