Senior Finance Manager | Chelsea and Westminster Hospital NHS Foundation Trust

An exciting opportunity has arisen to join the finance team at Chelsea and Westminster Hospitals NHS Foundation Trust on a permanent basis.

The aim of the role is to provide proactive financial leadership of the highest possible standard to the relevant Directorates, advising on all aspects of financial management.

The post holder will also have a senior role in the financial performance management of the Directorate and be expected to challenge, influence and advise on the activity of the division in order to improve the efficiency, effectiveness and value for money of the Trust's departments.

You will be directly reporting to the Finance Business Partner and support 5x Directorates across the Planned Care Division. The directorates are General Surgery, Specialist Surgery, MSK, Peri-OP and ITU.

This role is based at the Chelsea site with some travel to the WestMid site. You can work from home two-days a week and flexible working arrangements are welcomed.

The role requires an enthusiastic, motivated and dedicated individual with excellent communication and interpersonal skills to work as a Senior Finance Manager. The post holder will be the financial lead for your respective Directorates and will lead on both monthly reporting and annual business planning.

Chelsea and Westminster Hospital NHS Foundation Trust is proud to be one of the top performing and safest trusts in England. We have two main acute hospital sites-Chelsea and Westminster Hospital and West Middlesex University Hospital, plus our award-winning clinics across North West London and beyond.

• To work as part of the centralised management accounting team to provide financial advice, support and guidance to a clinical division in accordance with the Trust's policies and procedures for financial management and corporate governance


• To deputise for the Head of Financial Management as and when required across the full range of responsibilities


• To liaise with Finance Business Partners on implementation of financial management data and reporting requirements, in order that information can be used for effective analysis and to facilitate decision making by senior staff in the division


• Working closely with Financial Accounts to ensure that accurate financial reports are completed within agreed deadlines


• Providing a full analysis to the divisional management team to support the monthly divisional reports including: Variance analysis;


• Analysis of actuals versus forecast;


• Monthly/quarterly reforecasts


• Analysis of significant accruals;


• Narrative report focusing on key issues and risks


• To hold regular meetings with Budget Holders to review their monthly financial position and discuss areas of over-spend and mitigations


• To ensure that budgets are accurate, maintained in the ledger and that a full audit trail exists for changes to budgets


• Closely working with the financial planning team, to develop improved systems and procedures for linking contract activity performance more explicitly with the division's financial position in order to achieve more accurate interpretation of variances from plan and to support financial planning


• To co-ordinate and present monthly and periodic performance management reports for the division, including variance explanation and forecasts, in order to highlight required management action, particularly in relation to financial risk


• To review transactions continuously within divisions to ensure compliance with delegated limits and approved processes ensuring that where breaches have occurred that appropriate disclosure is made and action taken to prevent recurrence


• To assist Finance Business Partners with identifying and validating cost improvement programmes (CIPs) and monitoring the CIPs on a monthly basis and work with the Project Management Office to ensure the CIP tracker is kept up to date and reconciled to the ledger


• To assist the Financial Planning Team with the preparation of annual financial budgets for divisions and clearly understand the planned activity these resources are intended to support; to maintain budgets to reflect accurately the division's activity, income and expenditure plans


• To ensure that all accounting adjustments are appropriately authorised and disclosed.


This job description may be subject to change according to the varying needs of the service. Such changes will be made after discussion between the post holder and his/her manager.