Finance Manager (Private Patients and Overseas)

at  Kings College Hospital NHS Foundation Trust

The Finance Manager - PP & OVS is responsible for the successful financial monitoring of all Private Patients and Overseas Visitor income and activity including continual development and improvement of financial management practices, the production of regular, timely and accurate financial information, forging and maintaining close links and excellent working relationships with numerous and varied stakeholders, both internal and external to the Trust.
The Finance Manager - PP & OVS is expected to take an active interest in the development of their skills, experience and career.
The role requires good communication skills particularly in explaining finance to non-finance staff.
In providing specialist financial expertise and leadership to the business there is an almost constant requirement for the post holder to exercise intense concentration and sustained mental effort in order to analyse, understand, retain and convey information. There is a frequent need for the post holder to prioritise and re-prioritise workloads according to the demands of stakeholders and to meet financial deadlines.

Produce and present monthly PP & OV high quality, timely, accurate and appropriate analytical and interpretive financial management information to Senior Finance Business Partners, Finance Business Partners, General Managers, the senior management team, operational managers and other senior staff throughout the Trust.

• To the agreed deadlines, prepare robust annual budgets, standard monthly forecasts, standard monthly management accounts (including variance analysis), Board reports and external regulatory reports that meet the specified requirements, the needs of the business and support the work of the Senior Finance Business Partners.
• Support the quantative and statistical methods of financial analysis to support the development of business cases, planning and budget setting processes, cost improvement initiatives and other ad hoc internal and external reports.
• Contribute to the development and implementation of policies and procedures to deliver an efficient and effective month end process and ensure there is a robust process for the dissemination of the relevant information in a timely manner.
• As part of the month end process provide variance analysis and identify areas for investigation. Support the Finance Business Partners and the Income team to identify the financial consequences of these changes on the Trust’s Income and Expenditure budgets.

King’s College Hospital NHS Foundation Trust is one of the UK’s largest and busiest teaching Trusts with a turnover of c£1 billion, 1.5 million patient contacts a year and more than 15,000 staff based across South East London. The Trust provides a full range of local and specialist services across its five sites. The trust-wide strategy of Strong Roots, Global Reach is our Vision to be BOLD: B rilliant people, O utstanding care, L eaders in Research, Innovation and Education, D iversity, Equality and Inclusion at the heart of everything we do. By being person-centred, digitally-enabled, and focused on sustainability, we aim to take Team King’s to another level.
We are at a pivotal point in our history and we require individuals who are ready to join a highly professional team and make a real, lasting difference to our patients and our people.

King’s is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus. Everyone’s contribution is required in order to meet the goals set out in our Green Plan and we encourage all staff to work responsibly, minimising their contributions to the Trust’s carbon emissions, waste and pollution wherever possible.

• Be a role model for their team in how to provide a customer focused, high quality service to managers, directors, clinicians and finance business partners
• Set high standards and lead/motivate and manage the team to meet them and the expectations of internal/external colleagues/customers.
• Develop expertise within the team and contribute to the development of financial/business skills within the broader finance team and managers/clinicians in the Trust.
• Work with colleagues in Contracting, Income, Costing and information/performance management to ensure the Trust has coherent integrated information, analysis and plans.
• Develop and maintain an understanding of the Trust’s accounting processes and procedures and financial systems.
• Support the implementation of actions in response to recommendations from Internal Audit for the enhancement of internal controls and procedures in own areas of responsibility.
• Develop a comprehensive knowledge of national accounting standards and a good understanding of financial and other NHS legislation, NHS finance policies and initiatives relating to the NHS financial regime.
• To provide robust, accurate and timely core financial reports to meet internal and external month end/ year end deadlines.
• To ensure strong relationships and regular communications with all Trust finance managers to ensure they are informed of any data quality issues relating to the financial position of the Trust, new national guidance and policy issues, etc. and to provide them with clear guidance as appropriate.

Please refer to the job description for full detail

Please refer the Job description for details