NHS
Finance Business Partner
This job is now closed
Job Description
- Req#: C9213-25-0450?language=en&page=129&sort=publicationDateDesc
- Qualified CCAB accountant, with substantial post qualification experience at a senior level
- Educated to Degree level
- Full working knowledge of General Ledger system and associated software
- Appropriate understanding of the different accounting treatments required for the NHS by legislation or Department of Health policies
- Significant management accounting experience at a senior level
- Significant experience of the NHS or similar clinical environment
- Staff management experience including recruitment, selection, objective setting, appraisals and managing performance
- Expert understanding of management accounting processes and best practice. Including forecasting, modelling, trend analysis
- Detailed knowledge of the commissioning regime; knowledge of the structure of the national tariff, and the effects of policies such as QIPP, CQUINS and emergency readmissions on divisional income
- Detailed and up to date understanding of the Local and National key financial policies: Standing Financial Instructions, Standing Orders, Budgetary Control Policy, Establishment control policies, the wider NHS financial regime
- Knowledge of other non-financial KPIs and the interdependency with the financial position, e.g. 18 weeks, 4-hour ED target, Cdiff and MRSA
- Qualified CCAB accountant, with substantial post qualification experience at a senior level
- Educated to Degree level
- Full working knowledge of General Ledger system and associated software
- Appropriate understanding of the different accounting treatments required for the NHS by legislation or Department of Health policies
- Significant management accounting experience at a senior level
- Significant experience of the NHS or similar clinical environment
- Staff management experience including recruitment, selection, objective setting, appraisals and managing performance
- Expert understanding of management accounting processes and best practice. Including forecasting, modelling, trend analysis
- Detailed knowledge of the commissioning regime; knowledge of the structure of the national tariff, and the effects of policies such as QIPP, CQUINS and emergency readmissions on divisional income
- Detailed and up to date understanding of the Local and National key financial policies: Standing Financial Instructions, Standing Orders, Budgetary Control Policy, Establishment control policies, the wider NHS financial regime
- Knowledge of other non-financial KPIs and the interdependency with the financial position, e.g. 18 weeks, 4-hour ED target, Cdiff and MRSA
Job summary
A career opportunity has arisen for a Finance Business Partner to join our Finance Team at King's College Hospital NHS Foundation Trust.
Effective Finance Business Partners are the ones who make the connections between people, groups and issues. They have the courage to speak up, to challenge, to hold up the mirror to the business and ask questions. They will be sitting in the middle of the decision making table offering a financial angle as well as insight to help drive better outcomes for patients.
Candidates from either the private sector or wider public sector organisations are strongly encouraged to apply. NHS experience is beneficial but not essential for the Finance Business Partner roles. We are looking for people who are motivated, ambitious and want to work in an environment where they can make an impact.
Main duties of the job
Planning and Development
Produce financial plans for the division that meets the financial objectives of the Trust
Develop, implement and monitor the financial components of the Divisions Annual Plan ensuring that efficient systems are available to allow income and expenditure plans to be projected for up to 3 years.
Lead in the development of divisional CIP schemes. To review CIP plans for the services within their divisions, challenging assumptions and assessing risk to ensure scheme information is robust, accurate and deliverable.
Lead on investment appraisal and highly complex financial analysis of divisional development proposals and business cases, both internal and external to the Trust. To work closely with the capital team to ensure that the impacts of capital costs are fully factored into revenue business cases and vice versa. To challenge assumptions with relevant individuals and to be responsible for ensuring that financial modelling is robust, accurate and in line with overall Trust objectives, assessing risks and identifying risk mitigating actions as required.
Present highly complex financial information to Executive Directors, Divisional Managers, Divisional Clinical Directors and other Senior Managers within the Trust
Analyse and identify the consequences and risks of short and long-term impact of local service changes and national financial decisions.
About us
King's College Hospital NHS Foundation Trust is one of the UK's largest and busiest teaching Trusts with a turnover of c£1.8 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; Brilliant people, Outstanding care, Leaders in Research, Innovation and Education, Diversity, 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.
Date posted
17 April 2025
Pay scheme
Agenda for change
Band
Band 8b
Salary
£70,387 to £80,465 a year per annum inc HCA's
Contract
Permanent
Working pattern
Full-time, Home or remote working
Reference number
213-CORP-7085130
Job locations
Coldharbour Works Building
245a Coldharbour Lane
London
SW9 8RR
Job descriptionJob description
Job responsibilities
Financial Management Department Responsibilities
Be the lead for one of these key financial management departmental roles.
Finance staff development lead
Income development lead
Finance System developmentlead
Budget development lead
R&D development lead
Reporting development lead
Responsible for interpreting national guidelines and setting guidance on how they apply to the Trust ensuring correct policies and processes are in place to ensure they are implemented correctly.
Performance Monitoring
Provide high quality, accurate and timely financial management information with a focus on identifying trends, risks and opportunities. This will include forensic financial analysis and investigation to understand and highlight key issues for attention and action.
Lead discussions on the financial performance of the Division. To discuss, contend and appropriately challenge divisional management and senior clinicians on financial matters and highlight the financial implications of non-financial decisions.
Interpret accounting guidance and DH directives/decisions in regard to accounting and funding mechanisms and to assess the impact and recommend actions that ensure clinical services maximise their income and minimise their costs.
Provide support to the Division regarding Capital Expenditure and service line profitability.
Lead the production of financial information, providing efficient and effective systems to explain current performance, forecast future performance and satisfy external requirements
Oversee the provision of an effective budgetary control system for managing expenditure such as temporary staffing. Provide budget holders with accurate and reliable feedback on their financial performance to support the delivery of the Trusts financial objectives.
Leading the annual budget setting process for the Division, supporting and negotiating with Executive Directors/Divisional Managers to meet Trust and Divisional efficiency and savings targets.
Develop strategies that will maximise the Trusts financial position through effective co-ordination between income, expenditure and business management
Please refer to the job description for full details.
Job responsibilities
Financial Management Department Responsibilities
Be the lead for one of these key financial management departmental roles.
Finance staff development lead
Income development lead
Finance System developmentlead
Budget development lead
R&D development lead
Reporting development lead
Responsible for interpreting national guidelines and setting guidance on how they apply to the Trust ensuring correct policies and processes are in place to ensure they are implemented correctly.
Performance Monitoring
Provide high quality, accurate and timely financial management information with a focus on identifying trends, risks and opportunities. This will include forensic financial analysis and investigation to understand and highlight key issues for attention and action.
Lead discussions on the financial performance of the Division. To discuss, contend and appropriately challenge divisional management and senior clinicians on financial matters and highlight the financial implications of non-financial decisions.
Interpret accounting guidance and DH directives/decisions in regard to accounting and funding mechanisms and to assess the impact and recommend actions that ensure clinical services maximise their income and minimise their costs.
Provide support to the Division regarding Capital Expenditure and service line profitability.
Lead the production of financial information, providing efficient and effective systems to explain current performance, forecast future performance and satisfy external requirements
Oversee the provision of an effective budgetary control system for managing expenditure such as temporary staffing. Provide budget holders with accurate and reliable feedback on their financial performance to support the delivery of the Trusts financial objectives.
Leading the annual budget setting process for the Division, supporting and negotiating with Executive Directors/Divisional Managers to meet Trust and Divisional efficiency and savings targets.
Develop strategies that will maximise the Trusts financial position through effective co-ordination between income, expenditure and business management
Please refer to the job description for full details.
Person SpecificationPerson Specification
Qualifications
Essential
Experience
Essential
Skills
Essential
Qualifications
Essential
Experience
Essential
Skills
Essential
Additional informationDisclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Certificate of Sponsorship
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Certificate of Sponsorship
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
Employer details
Employer name
King's College Hospital NHS Foundation Trust
Address
Coldharbour Works Building
245a Coldharbour Lane
London
SW9 8RR
Employer's website
https://www.kch.nhs.uk/ (Opens in a new tab)
Employer details
Employer name
King's College Hospital NHS Foundation Trust
Address
Coldharbour Works Building
245a Coldharbour Lane
London
SW9 8RR
Employer's website
https://www.kch.nhs.uk/ (Opens in a new tab)
About the company
National Health Service (NHS) is the umbrella term for the publicly-funded healthcare systems of the United Kingdom (UK). The founding principles were that services should be comprehensive, universal and free at the point of delivery—a health service based on clinical need, not ability to pay. Each service provides a comprehensive range of health services, free at the point of use for people ordinarily resident in the United Kingdom apart from dental treatment and optical care.