Detailed job description and main responsibilities

Key results from the job holder

• To provide financial information and advice to the Deputy Director of Performance and other managers within the relevant Directorates. To meet regularly with these managers to ensure that any potential financial problems are identified early enough for corrective action to be effective.
• To have overall responsibility for all aspects of budgetary management within the relevant directorates, including monitoring of performance and providing advice on corrective action as necessary. To take a lead role in the Division in annual budget setting process.
• To undertake lead responsibility for the implementation and monitoring of recharging mechanisms to improve budgetary control. To take responsibility for the authorisation of specific expenditure within the Directorates (e.g. Works recharges) and the authorisation for the advertisement of vacant posts to ensure that funding is available.
• To actively participate in and contribute to the formulation and implementation of the Divisional Business Plans in accordance with the Trust's strategic aims and objectives. To provide support and advice on financial and non-financial aspects of the Business Plans.
• To provide the Associate Director of Finance with the information necessary to enable corporate financial reporting. This will include explanation of significant variance movements for inclusion in the Trust Board Report.
• To provide monthly financial performance reports that take into account activity, income & expenditure, CIP progress and encompassing risks & forecasts.
• To assist Directorate and Service Managers in identifying and achieving cost improvement and income generation targets, undertaking reviews of all existing practices with the aim of improving efficiency.
• To participate in the development of new costing and budgeting methodologies to provide information for both managerial and commercial purposes.
• To review, for the relevant Directorates, the Trust's costs relative to national norms and other provider units and establishing verification of significant variations.
• To monitor the service provided by the relevant Directorates to other Trusts in accordance with the Service level Agreements. To discuss and renegotiate these SLAs as necessary.
• To take financial responsibility in the competitive tendering process to ensure that best value is achieved. To prepare financial option appraisal reports for presentation to the Trust board incorporating recommendations.
• To assist the Associate Director of Finance in the management and reconciliation of the Trusts reserves.
• To participate in the provision of Financial Awareness Training to non-finance staff within the Trust and to organisations utilising the Trusts on-site training facilities.
• To provide input as required to the Trust's statutory financial reports.
• To ensure that the Trust's standing financial instructions and codes of procedures are adhered to at all times.
• To open and acknowledge the receipt of tenders in accordance with the Trust Standing Orders and Standing Financial Instructions.
• To assist generally in the financial management of the Trust.
• Deputise for other senior colleagues as required.
• Contribute to the effectiveness of accounting systems.
• Make recommendations to reduce costs and enhance value.
• Undertake other duties as agreed with the Associate Director of Finance.