Deputy Finance Manager

at  Barnet Enfield Haringey Mental Health NHS Trust

An opportunity has arisen for a Deputy Finance Manager, Haringey & Barnet The post holder will be responsible for: 2 x Management Accountants.
Key Relationships: Finance, Executive Directors of the Trust, Service
Directors, Clinical Directors, operational managers throughout the Trust, budget holders (including clinicians), Human Resources & Payroll, Clinical
Commissioning Groups, Local Authorities, Internal and External Audit.
This vacancy has been advertised in accordance with the new NHS pay rate which will take effect from autumn 2024. Please note if your employment starts before the 24/25 pay scales are implemented you will be paid under the 23/24 pay scales and any backpay will be adjusted accordingly. Further information can be found at https://www.nhsemployers.org/articles/pay-scales-202425.
The main purpose of the role is ensure the provision of a comprehensive, efficient, timely and professional management accounting service to the Directorates across the Trust.
Post holders will create monthly income and expenditure budget statements allowing projections, monitoring and reporting of variances as well as cost analysis for benchmarking purposes.
In addition the post holder will provide support to the Finance Managers on issues associated with management accounting within the department and assist in the preparation of annual and monthly budgets, suggesting and calculating long term cost improvement programmes/schemes and supporting the preparation of service developments, business case plans and the medium term business planning process.
The Deputy Finance Manager will deputise for the Finance Manager in
management accounting issues as appropriate.
The partnership between Barnet, Enfield and Haringey Mental Health NHS Trust (BEH) and Camden and Islington NHS Foundation Trust (C&I) is going from strength to strength since it was originally established in 2021 forming the North London Mental Health Partnership.
In order to meet the needs of the new Partnership services you may be required from time to time to work at different locations to your normal place of work. This may mean that you are required to work at any location that fall under Barnet, Enfield and Harringay Trust and Camden and Islington Trust. The Trust reserves the right to require staff to work at such other places or locations as it considers reasonable and necessary on a temporary or permanent basis.
Main Duties & Responsibilities
1. To provide monthly statements and other relevant financial information to Trust Directorates, according to agreed timetables, together with appropriate interpretation and advice.
2. To monitor, on an on-going basis, financial performance against agreed
delegated budgets, incorporating the latest information available to allow
services to operate within their resources.
3. To investigate and report significant budgetary variances and costs to both the Finance Manager and the budget holder, discussing the necessary remedial action as appropriate. This will include making judgements about complex and uncertain financial outcomes.
4. To develop and maintain an integrated financial performance report, including a year-end forecast, highlighting key variances and trends in activity and finance, commenting on influencing factors and advising on any necessary management action.
5. To develop sensitivity analysis techniques using analytical tools in the
presentation of annual forecasts of operational income and expenditure.
6. To meet regularly with Directors, Senior Managers and budget holders to
assess financial performance and to provide financial management
information, analysis and advice.
7. To recognise and provide financial management support to Directors, Senior Managers and budget holders on identified key risks and critical success factors in achieving financial targets.
8. To ensure budget holders and managers have an awareness of financial
performance requirements, including the need for budgetary control and
adherence to SFI’s, and to provide financial awareness training where
necessary.
9. To contribute to the annual budget setting/financial planning process as

Please refer the Job description for details