Senior Finance Manager - Planning & Analysis
- Recruiter
- Health Jobs UK
- Location
- Sheffield, South Yorkshire, United Kingdom, United Kingdom
- Salary
- £47,126 - £53,219 pa
- Posted
- 18 Jan 2022
- Closes
- 02 Feb 2022
- Ref
- 457-21-3795833
- Job role
- Finance manager, Financial planning & analysis
- Sector
- Accounting - Public practice
- Experience level
- Manager
About us
At Sheffield Health and Social Care NHS Foundation Trust we provide a range of mental health, learning disability, substance misuse, primary care and other specialist services designed around the needs of people in our city.
We have a dedicated and skilful team of people caring in Sheffield, which you could become a part of.
Our values are at the heart of everything we do. These are: working together for our service users, respect and kindness, everyone counts, commitment to quality, improving lives.
We would like to make you aware of the recent government announcement that from 1 April 2022 (subject to parliamentary approval), all NHS staff (including Sheffield Health & Social Care NHS Foundation Trust), who have face-to-face contact with service users, will need to provide evidence that they have been fully vaccinated against COVID-19, unless they are medically exempt to work in such a position. Details on the announcement can be found via the following link: https://www.gov.uk/government/consultations/making-vaccination-a-condition-of-deployment-in-the-health-and-wider-social-care-sector
Based on this announcement, you should consider your personal position when continuing to pursue employment for a position with SHSC, which may be affected by this change.
Information about COVID-19 vaccines is available at: www.gov.uk/government/collections/immunisation and www.nhs.uk/conditions/coronavirus-covid-19/coronavirus-vaccination/coronavirus-vaccine
For women of childbearing age, please read the detailed guidance at: www.nhs.uk/covidvaccination
Job overview
The Senior Finance Manager for Planning and Analysis is a key strategic role within the Finance Department. The post holder will be part of the senior management team.
The post holder will lead on the standardisation of financial reporting and analysis; develop and consolidate working practices around financial frameworks and develop an in-depth understanding of the underlying data, financial models, and Trust business to ensure that reporting outputs meet user needs. This will involve being the Trust lead on PLICS and SLR.
The post holder will play a key role in overseeing the co-ordination of the annual financial planning round and working with colleagues across the Trust in the development of an integrated Business Planning framework.
Main duties of the job
Summarised duties entail:
Working for our organisation
We are passionate about providing the very best care to the people we support, and we're looking for amazing people who share this passion to join us.
What is it that makes our Trust such a special place to work? Well, it's all about the people. Our staff, service users, carers and families all come from such diverse backgrounds and all have expertise and stories to share. It's important that you feel supported in your role, that the people who you work with are as passionate as you are and that your health and wellbeing is taken care of.
If you're interested in developing your career, you'll have access to a range of training and education opportunities, including apprenticeships, work experience and placements, as well as the chance to get involved in research.
We are all very proud of the difference we make to people's lives each and every day and if that's something that you'd like to be part of we'd love to have you with us.
Detailed job description and main responsibilities
Financial Planning and Analysis
Working with the Directorate Financial Management and Financial Accountancy Teams collating data for all long-term financial modelling for the Trust, both for the annual planning process and financial reporting, ensuring consistent format of reporting and clear audit trail of data.
Interpret detailed Directorate commentaries, at an Organisational level, for any variances between the budget and forecast submissions and actual financial performance, both for annual planning and monthly financial reporting and analysis.
To provide professional leadership and management of the costing team, supporting the Costing Accountant in the roll out of integrated Service Line Reporting (iSLR) and Patient Level Information and Costing System (PLICS).
To work closely with finance colleagues in the preparation of business cases - ensuring that the costs, benefits, income and expenditure of such schemes are fully understood from an organisational perspective to ensure financial sustainability; and to monitor Business cases through the governance process and ensure that the appropriate timetable of finance responsibilities is in place.
To maintain and ensure that all Trust financial control procedures including Standing Orders (SOs) and Standing Financial Instructions (SFIs) are adhered to.
To work with the Trust's Head of Contracting and Tender Management to understand the relationship between patient activity data, other key performance indicators; and the financial performance of respective areas, to anticipate trends and identify weaknesses in modelling assumptions, and to establish any implications on corporate support services and service funding streams.
In conjunction with Finance and wider Trust colleagues carry out post implementation reviews once a business case has been approved and implemented, to measure performance against the approved benefits realisation plan.
To support Finance colleagues in the negotiation process of external service agreements, and provide financial analysis to underpin these agreements.
To continually develop an understanding of the Trust's overhead position and devise the appropriate resource allocation principles for costing and budget setting purposes.
To develop the use of the Integra Budget and Forecasting module for use across the department.
Strategic Planning
In conjunction with Finance colleagues, co-ordinate analysis of potential Trust-wide savings programs that are realistic, achievable and have ownership.
To develop strong relationships with finance colleagues and senior managers, developing a culture of shared responsibility for financial issues.
To provide advice and education on business management issues to improve the financial awareness, performance, cost effectiveness and efficiency, revenue generation and to maximise the use of Trust assets.
To take a strategic view on budget proposals across the organisation; advising on the validity/affordability of plans, ensuring the organisation spends within agreed budget limits and that value for money is secured in the long term.
To provide analysis and insight into the information held on the Model Hospital Portal and benchmarking results to identify service development and efficiency opportunities for the Trust.
To provide analysis and insight on financial performance for internal discussions/decision making and for external and statutory purposes.
To lead investment appraisal and highly complex financial analysis of Trust development proposals and business cases which involve other organisations, commercial joint ventures and partnerships and specialist commissioners.
To have an awareness of sector wide developments and advise on the potential impact on the Trust's performance.
To co-ordinate the annual planning timetable in conjunction with finance colleagues and the Strategy and Planning team.
Contribute to the development of Trust Wide Integrated Business Planning process in conjunction with Teams across the Trust.
Performance and Decision Support
To manage the provision of comprehensive, timely and accurate financial management information, including written analysis of Trust opportunities and efficiencies.
To monitor and improve the processes for financial reporting, ensuring internal and external requirements are achieved with respect to Trust performance initiatives.
To ensure that analysis and financial reporting of progress towards cost improvement plans are in place to support the financial aspects of programs and schemes.
To have an awareness of sector wide developments and advise on the potential impact on the Trust's performance.
Service development
To recruit, train & develop line managed team members in order that they can competently undertake the responsibilities and tasks required of them and that the financial information and advice supplied is provided in an accurate, relevant and timely manner
To provide education and training on complex financial issues to non-finance managers and convey financial concepts, policies and procedures clearly and persuasively. This includes ensuring that Standing Financial Instructions, Standing Orders and Schemes of Delegation are understood and adhered to.
As a professionally qualified accountant, fulfil mandatory "Continuing Professional Development" (CPD) requirements of the relevant professional body and be responsible for keeping the skills and knowledge required for the post up to date such that all advice given and decisions made are based on the best and most recent information available.
Person specification
Experience
Essential criteria
Qualifications
Essential criteria
Knowledge
Essential criteria
We aim to be an organisation that is diverse and inclusive and to meet this aim we welcome applications from people with a wide range of life experience and whose diversity echoes the diversity of Sheffield, that of the people who use our services, and that of the people who may need to use our services but face barriers to access. Please think about your personal values and how these align with our values when you are applying. Find out more about our organisation through our website .
We are a Disability Confident employer level 2 and hope to achieve level 3 this year. We offer a guaranteed interview to disabled applicants who meet all of the essential criteria for a role. When you apply you will have the opportunity to let us know if you require adjustments to be made, please contact us if you are not sure or if you require adjustments to the application process itself.
Our six staff network groups welcome new members, these are:
We know how important flexible working can be to applicants and therefore we encourage you to discuss any working arrangements as part of this process. We will always aim to accommodate requests, wherever possible.
The Trust is committed to safeguarding adults and children and as part of our safe recruitment practice the successful applicant(s) will be subject to a check with the Disclosure and Barring Service (DBS) if it is deemed appropriate for the role. The cost of the DBS check (currently up to £48.23) must be met by the successful applicant(s).
When applying for this post you will redirected to complete your application in our preferred applicant management system, Trac. If you are successfully offered a role, information will also be transferred into the national NHS Electronic Staff Records system. In addition, in submitting an application, you authorise our Trust to confirm any previous NHS service details via the ESR IAT process should you be appointed.
Please note, all communication regarding your application will be made via email, please ensure you check your junk/spam folders as emails are sometimes filtered there.
Applicant requirements
You must have appropriate UK professional registration.
Applications from job seekers who require sponsorship to work in the United Kingdom (UK) are welcome and will be considered alongside all other applications. Please note that from January 2021, to work in the UK all candidates who are not UK or Republic of Ireland (RoI) nationals require sponsorship unless you have permission to work via another route. Non UK / RoI candidates wishing to apply can self-assess the likelihood of obtaining a Certificate of Sponsorship here . It is vital that you provide full and accurate details of your current immigration status on the application form. Overseas applicants applying for entry clearance into the UK must present a criminal record certificate from each country they have resided in continuously or cumulatively for 12 months or more in the past 10 years. Guidance can be found here . Not everyone needs a 'Skilled Worker' visa. If you are applying for a vacancy in health or adult social care, check if you're eligible to apply for the Health and Care Worker visa instead. It's cheaper to apply for and you do not need to pay the annual immigration health surcharge
Documents to download
At Sheffield Health and Social Care NHS Foundation Trust we provide a range of mental health, learning disability, substance misuse, primary care and other specialist services designed around the needs of people in our city.
We have a dedicated and skilful team of people caring in Sheffield, which you could become a part of.
Our values are at the heart of everything we do. These are: working together for our service users, respect and kindness, everyone counts, commitment to quality, improving lives.
We would like to make you aware of the recent government announcement that from 1 April 2022 (subject to parliamentary approval), all NHS staff (including Sheffield Health & Social Care NHS Foundation Trust), who have face-to-face contact with service users, will need to provide evidence that they have been fully vaccinated against COVID-19, unless they are medically exempt to work in such a position. Details on the announcement can be found via the following link: https://www.gov.uk/government/consultations/making-vaccination-a-condition-of-deployment-in-the-health-and-wider-social-care-sector
Based on this announcement, you should consider your personal position when continuing to pursue employment for a position with SHSC, which may be affected by this change.
Information about COVID-19 vaccines is available at: www.gov.uk/government/collections/immunisation and www.nhs.uk/conditions/coronavirus-covid-19/coronavirus-vaccination/coronavirus-vaccine
For women of childbearing age, please read the detailed guidance at: www.nhs.uk/covidvaccination
Job overview
The Senior Finance Manager for Planning and Analysis is a key strategic role within the Finance Department. The post holder will be part of the senior management team.
The post holder will lead on the standardisation of financial reporting and analysis; develop and consolidate working practices around financial frameworks and develop an in-depth understanding of the underlying data, financial models, and Trust business to ensure that reporting outputs meet user needs. This will involve being the Trust lead on PLICS and SLR.
The post holder will play a key role in overseeing the co-ordination of the annual financial planning round and working with colleagues across the Trust in the development of an integrated Business Planning framework.
Main duties of the job
Summarised duties entail:
- Utilising Service Line Reporting (SLR) across the Trust.
- Competing Patient Level Costing (PLICs) returns and supporting managers to understand the information
- Maintaining the Trust's costing systems and contracts
- Reconciling the Trust's budgets
- Leading on local and national financial returns
- Producing the summarised Trust financial position
- Assisting with board papers
- Lead on Trust benchmarking
Working for our organisation
We are passionate about providing the very best care to the people we support, and we're looking for amazing people who share this passion to join us.
What is it that makes our Trust such a special place to work? Well, it's all about the people. Our staff, service users, carers and families all come from such diverse backgrounds and all have expertise and stories to share. It's important that you feel supported in your role, that the people who you work with are as passionate as you are and that your health and wellbeing is taken care of.
If you're interested in developing your career, you'll have access to a range of training and education opportunities, including apprenticeships, work experience and placements, as well as the chance to get involved in research.
We are all very proud of the difference we make to people's lives each and every day and if that's something that you'd like to be part of we'd love to have you with us.
Detailed job description and main responsibilities
Financial Planning and Analysis
Working with the Directorate Financial Management and Financial Accountancy Teams collating data for all long-term financial modelling for the Trust, both for the annual planning process and financial reporting, ensuring consistent format of reporting and clear audit trail of data.
Interpret detailed Directorate commentaries, at an Organisational level, for any variances between the budget and forecast submissions and actual financial performance, both for annual planning and monthly financial reporting and analysis.
To provide professional leadership and management of the costing team, supporting the Costing Accountant in the roll out of integrated Service Line Reporting (iSLR) and Patient Level Information and Costing System (PLICS).
To work closely with finance colleagues in the preparation of business cases - ensuring that the costs, benefits, income and expenditure of such schemes are fully understood from an organisational perspective to ensure financial sustainability; and to monitor Business cases through the governance process and ensure that the appropriate timetable of finance responsibilities is in place.
To maintain and ensure that all Trust financial control procedures including Standing Orders (SOs) and Standing Financial Instructions (SFIs) are adhered to.
To work with the Trust's Head of Contracting and Tender Management to understand the relationship between patient activity data, other key performance indicators; and the financial performance of respective areas, to anticipate trends and identify weaknesses in modelling assumptions, and to establish any implications on corporate support services and service funding streams.
In conjunction with Finance and wider Trust colleagues carry out post implementation reviews once a business case has been approved and implemented, to measure performance against the approved benefits realisation plan.
To support Finance colleagues in the negotiation process of external service agreements, and provide financial analysis to underpin these agreements.
To continually develop an understanding of the Trust's overhead position and devise the appropriate resource allocation principles for costing and budget setting purposes.
To develop the use of the Integra Budget and Forecasting module for use across the department.
Strategic Planning
In conjunction with Finance colleagues, co-ordinate analysis of potential Trust-wide savings programs that are realistic, achievable and have ownership.
To develop strong relationships with finance colleagues and senior managers, developing a culture of shared responsibility for financial issues.
To provide advice and education on business management issues to improve the financial awareness, performance, cost effectiveness and efficiency, revenue generation and to maximise the use of Trust assets.
To take a strategic view on budget proposals across the organisation; advising on the validity/affordability of plans, ensuring the organisation spends within agreed budget limits and that value for money is secured in the long term.
To provide analysis and insight into the information held on the Model Hospital Portal and benchmarking results to identify service development and efficiency opportunities for the Trust.
To provide analysis and insight on financial performance for internal discussions/decision making and for external and statutory purposes.
To lead investment appraisal and highly complex financial analysis of Trust development proposals and business cases which involve other organisations, commercial joint ventures and partnerships and specialist commissioners.
To have an awareness of sector wide developments and advise on the potential impact on the Trust's performance.
To co-ordinate the annual planning timetable in conjunction with finance colleagues and the Strategy and Planning team.
Contribute to the development of Trust Wide Integrated Business Planning process in conjunction with Teams across the Trust.
Performance and Decision Support
To manage the provision of comprehensive, timely and accurate financial management information, including written analysis of Trust opportunities and efficiencies.
To monitor and improve the processes for financial reporting, ensuring internal and external requirements are achieved with respect to Trust performance initiatives.
To ensure that analysis and financial reporting of progress towards cost improvement plans are in place to support the financial aspects of programs and schemes.
To have an awareness of sector wide developments and advise on the potential impact on the Trust's performance.
Service development
To recruit, train & develop line managed team members in order that they can competently undertake the responsibilities and tasks required of them and that the financial information and advice supplied is provided in an accurate, relevant and timely manner
To provide education and training on complex financial issues to non-finance managers and convey financial concepts, policies and procedures clearly and persuasively. This includes ensuring that Standing Financial Instructions, Standing Orders and Schemes of Delegation are understood and adhered to.
As a professionally qualified accountant, fulfil mandatory "Continuing Professional Development" (CPD) requirements of the relevant professional body and be responsible for keeping the skills and knowledge required for the post up to date such that all advice given and decisions made are based on the best and most recent information available.
Person specification
Experience
Essential criteria
- Relevant Sector Experience
Qualifications
Essential criteria
- Professionally Qualified
Knowledge
Essential criteria
- Knowledge of SLR / PLICS / Costing
We aim to be an organisation that is diverse and inclusive and to meet this aim we welcome applications from people with a wide range of life experience and whose diversity echoes the diversity of Sheffield, that of the people who use our services, and that of the people who may need to use our services but face barriers to access. Please think about your personal values and how these align with our values when you are applying. Find out more about our organisation through our website .
We are a Disability Confident employer level 2 and hope to achieve level 3 this year. We offer a guaranteed interview to disabled applicants who meet all of the essential criteria for a role. When you apply you will have the opportunity to let us know if you require adjustments to be made, please contact us if you are not sure or if you require adjustments to the application process itself.
Our six staff network groups welcome new members, these are:
- The Ethnically Diverse Staff Network Group
- The Disability Staff Network Group
- The Lived Experience Staff Network Group
- The Rainbow Staff Network Group
- The Staff Carers Staff Network Group
- The Women's Staff Network Group
We know how important flexible working can be to applicants and therefore we encourage you to discuss any working arrangements as part of this process. We will always aim to accommodate requests, wherever possible.
The Trust is committed to safeguarding adults and children and as part of our safe recruitment practice the successful applicant(s) will be subject to a check with the Disclosure and Barring Service (DBS) if it is deemed appropriate for the role. The cost of the DBS check (currently up to £48.23) must be met by the successful applicant(s).
When applying for this post you will redirected to complete your application in our preferred applicant management system, Trac. If you are successfully offered a role, information will also be transferred into the national NHS Electronic Staff Records system. In addition, in submitting an application, you authorise our Trust to confirm any previous NHS service details via the ESR IAT process should you be appointed.
Please note, all communication regarding your application will be made via email, please ensure you check your junk/spam folders as emails are sometimes filtered there.
Applicant requirements
You must have appropriate UK professional registration.
Applications from job seekers who require sponsorship to work in the United Kingdom (UK) are welcome and will be considered alongside all other applications. Please note that from January 2021, to work in the UK all candidates who are not UK or Republic of Ireland (RoI) nationals require sponsorship unless you have permission to work via another route. Non UK / RoI candidates wishing to apply can self-assess the likelihood of obtaining a Certificate of Sponsorship here . It is vital that you provide full and accurate details of your current immigration status on the application form. Overseas applicants applying for entry clearance into the UK must present a criminal record certificate from each country they have resided in continuously or cumulatively for 12 months or more in the past 10 years. Guidance can be found here . Not everyone needs a 'Skilled Worker' visa. If you are applying for a vacancy in health or adult social care, check if you're eligible to apply for the Health and Care Worker visa instead. It's cheaper to apply for and you do not need to pay the annual immigration health surcharge
Documents to download
- Job Description ( PDF , 239.5 KB )
- Person Spec ( PDF , 331.2 KB )