Finance Manager
JOB PURPOSE
Serve as the lead financial specialist for the assigned Division(s), delivering a comprehensive financial and performance management service alongside operational managers and the Divisional Finance Business Partner.
Provide expert business and financial advice to influence decision-making across divisional operational and budget managers.
Direct and manage support staff to deliver divisional financial and performance objectives.
Oversee regular financial/non-financial performance reporting, budget setting, annual planning, efficiency savings (CIPs), and business case evaluations.
Deputise for the Finance Business Partner when required.
Location: Shrewsbury (hybrid is considered)
Job Type: Temporary
Duration of booking: Expected to last 3 months with possible extension
Proposed start date: ASAP
Pay Rates: Up to £29 per hour Umbrella or £26 per hour PAYE inclusive of holiday pay
Hours / Working Days: 37.5 hours per week / Monday to Friday, 9am – 5pm
Sector: Healthcare
Based: Office / Hospital
MAIN DUTIES & RESPONSIBILITIES
Financial Reporting & Accounting
- Produce accurate monthly management accounts and performance information within Trust deadlines.
- Process complex financial data, calculate accruals, prepayments, and month-end adjustments maintaining compliance with IFRS and Trust procedures.
- Prepare monthly variance reports and year-end financial projections.
- Present complex financial reports to Divisional Board meetings, group forums, and budget holders.
- Support annual statutory accounts production, coordinate stocktakes, and address audit queries.
Financial Planning & Budgeting
- Lead the annual budget-setting process for divisional specialties, producing budget booklets and securing formal budget holder agreements.
- Ensure divisional budgets align with agreed overall control totals.
- Identify financial threats/risks and collaborate with managers to agree on financial recovery plans.
- Quantify and track Cost Improvement Programmes (CIPs), service development proposals, and capital bids.
Financial Control, Business Cases & Contracting
- Perform financial appraisals for business cases using investment appraisal techniques.
- Assist in negotiating Service Level Agreements (SLAs) and supplier contracts to optimize income and value for money.
- Lead financial evaluations on tender submissions.
Governance & Systems
- Advise and train budget holders on Standing Financial Instructions (SFIs), Standing Orders, and Governance policies.
- Ensure robust internal controls are active to mitigate financial loss and fraud risks.
- Assist with national policy compliance (e.g., Payment by Results) and national reference cost returns.
Staff Supervision
- Day-to-day management, task delegation, recruitment, performance evaluation, and professional development of junior finance staff (Assistant Finance Managers / Financial Management Assistants).
PERSON SPECIFICATION
Essential:
- GCSE Grade 5–9 (A*–C) in English & Maths.
- A-Levels (300+ UCAS points) OR Degree (Level 2.2 or higher).
- Fully qualified member of CCAB OR close to completing CCAB qualification.
Desirable:
- Fully CCAB Qualified.
EXPERIENCE & KNOWLEDGE
- Significant financial management experience within a large, complex organisation.
- Hands-on experience in business planning and investment appraisal techniques.
- In-depth knowledge of financial/management accounting standards including IFRS.
- Desirable:
- Knowledge of NHS targets, performance frameworks, and NHS finance policies (e.g., Payment by Results).
- Analytical: Ability to interpret and manipulate highly complex financial data.
- Communication: Ability to present and explain complex, sensitive, or contentious financial data clearly to non-finance staff.
- Interpersonal: Strong stakeholder management and negotiation skills to influence decision-making.
- Work Organization: Capability to work autonomously, prioritize tasks under pressure, and meet strict deadlines.
- IT Competence: High proficiency in financial LEDGER systems, advanced MS Excel formulas, spreadsheet design, and databases.