Head of Financial Management

KEY RESULT AREAS Advising the Operational Area on the implications of financial strategy & policy. To take the lead responsibility for reporting a robust in year and forecast year end position for the Operational Area, at all levels, reporting financial information to the Operational Area as well as to individual budget holders. To ensure the operation and communication of effective variance analysis and investigation of factors causing movements, influencing and agreeing with managers the level of control action to be taken. To ensure that Operational Area proposals for efficiency/productivity schemes are robust and that savings achieved are monitored and reported. To be the Operational Areas Accountable Officer for the Better Payment Policy target. Co-ordination of annual planning process for the Operational Area within the overall Trust financial framework. Apply appropriate costing methodologies, in accordance with best practice, to the provision of operational management information, business cases and statutory information requirements (including Private Patient and other tariffs). Introduce and co-ordinate, as required, financial flow agenda requirements. Co-ordinates available performance monitoring information for the Operational Area, advising on the financial implications of activity variances at commissioner level. Monitor and report on the financial aspects of the contracts relevant to the Operational Area. To provide professional representation for the Operational Area (as appropriate) in the implementation of service line reporting/management and patient level costing. T To ensure the continuous development and application of IM&T solutions to improve financial information. Provide support to statutory reporting requirements through the provision of supporting information for the Operational Area, for both income and expenditure and balance sheet entries, together with other returns as required. Provision of financial briefing to Operational Area Boards, and attendance at senior management and executive forums as required. Provision of financial input to business cases, applying appropriate financial appraisal techniques to both capital and revenue issues. Responsibility for the day to day line management of staffing, including recruitment (or assisting with recruitment), appraisal, discipline, sickness and absence management, training and delegation. Ensuring that audit report recommendations are followed up and implemented. Provision to the Operational Area of appropriate advice concerning all aspects of financial control (SFIs, SOs etc), probity and stewardship, charitable funds guidelines and VAT principles and regulations. To identify own training and development needs and undertake appropriate training / education as required, supported by regular PDP. The post holder will support the development, maintenance and review of financial procedures and policies. The post holder will support the development and review of financial systems. The post holder will be expected to take part, and in some instances lead, on a number of NHS modernisation initiatives. The post holder will work within a rotational programme which may mean a change in responsibility periodically. To participate in Trust committees and meetings as appropriate. Please see the attached Job Description for further details.