Head of Management Accounts

at  Sheffield Health and Social Care NHS Foundation Trust

The main duties of the role are: To lead on the provision of financial management advice to Trust Clinical and Corporate Directorates in order that Directorates are enabled to meet the targets set by the Board, particularly, those relating to the containment of expenditure within budget and meeting patient activity targets from available resources in order to deliver an efficient and cost-effective service. Ensure the production of Trust financial management and monitoring information to a strict monthly timetable. This includes budget reports for Directorate managers and co-ordination of management accounting aspects of the monthly finance report for the Board particularly in relation to current and forecast Directorate financial positions in terms of both expenditure and income variations (and in relation to performance against patient activity targets). To co-ordinate the work undertaken by Finance Business Partners, Senior Finance Manager and Project Accountant in conjunction with Directorate Management Teams and take particular responsibility for advising on the financial aspects in relation to contracts, capacity planning and the development of clinical services, which will be set in the context of the strategic plans of each Directorate.
Also, in conjunction with the Deputy Director of Finance, to be responsible for fully briefing senior colleagues both within the Management Accounting function and the Directorates regarding the anticipated costs and income streams resulting from agreements reached with Commissioners. To co-ordinate, plan and organise management accounting systems, processes, and procedures within the section to establish a financial management, monitoring and performance reporting framework for Directorates and in conjunction with Directorate Management Teams, determine the necessary processes for the instigation of necessary corrective action to ensure that targets are achieved. Participate in all relevant multi-disciplinary decision making, with particular regard to Business Planning and Contracting. This will include responsibility, in conjunction with other Trust Directors and Managers, for preparing guidelines and coordinating the preparation and submission of complex, accurate, robust, sustainable cost pressure, service development and patient activity funding bids and productivity and efficiency plans.
Responsible for providing a framework for coordinating the production of the Annual and long-term Financial Plan and forecast outturn projections. The Directorate Plans, which will be framed within the approved Business Plans, will be submitted so as to meet all targets set by the Board of Directors and/or Director of Finance. Responsible for coordinating and managing the section such that the Trusts annual budget setting processes reflect the current years Financial Plan approved by the Board. This will include reviewing and setting budgets in line with the financial policies, activity/service plans and other relevant targets.
Responsible for providing a framework for coordinating the production and submission of the regular detailed financial returns to be provided to NHS England and South Yorkshire Integrated Care Board, including the analysis of variances and changes to forecast out-turns. To co-ordinate follow-up action in response to any subsequent queries received. Within a multi-disciplinary Team setting, influence the operational processes, practices, and policies within Directorates in order to optimise performance and efficiency. Also, to be proactive in the search for efficiency savings and innovations and income generation opportunities.
Ensure that the work of the management accounting section is coordinated such that there is a clear framework and guidance for the inclusion of all relevant financial information, particularly capital expenditure, recurrent and non-recurrent revenue expenditure and savings, within every Business Case developed by the Directorates. Monitor the actual revenue consequences against the agreed plan on implementation of the business case. In collaboration with key clinicians, the Trusts Information Department, and other key stakeholders, oversee the development, maintenance and use of reporting systems that meet the Trusts requirements for advising on both financial and activity performance compared with plans and ensure that necessary financial modelling and costing systems and services are developed to provide accurate costing information Co-ordinating the timely production of the annual return in respect of Reference Costs in compliance with national guidance and within specified national deadlines. Facilitate the production of, and feedback from, accurate annual National Costing Collection including preparation of plans to improve the position.
Take the lead role in developing costing systems, processes and information and in ensuring that Service Line Reporting/Management and Patient Level Costing is implemented within the Trust and that the resulting information is understood by clinicians and managers and used to improve financial and service performance. To play a lead role in the process of investigating adverse variances in order to assist the development of Directorate plans to improve their SLR position. Overall responsibility for ensuring that systems are in place for submission of other relevant costing returns. Co-ordination within the Management Accounting function to ensure that knowledge is shared to improve the accuracy and understanding of the Trusts cost base with specific.
Take the lead for evaluating the financial aspects of all developments and changes in the provision of clinical services in the context of any agreed national payment scheme for mental health and also taking account of the Trust’s internal income allocation policy in order to assess affordability and maximise the financial benefit for the Trust. To actively participate in clinical networks and national initiatives, such as pilot schemes for mental health care pathways, benchmarking initiatives, national audits etc. Please view the attached Job Description and Person Specification documents for full details regarding this post. When completing your application please ensure that you clearly demonstrate how you meet the role criteria

Please refer the Job description for details