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Financial Advisor

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Lancashire Teaching Hospitals NHS Foundation Trust

3mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Preston

AI generated summary

  • You must be CCAB/CIMA qualified or nearing completion, possess strong communication skills, experience in costing, IT proficiency, and be self-motivated to meet tight deadlines.
  • You will support financial reporting, budget monitoring, and forecasts, present financial positions, and assist with business cases and efficiency schemes in the Medicine Division.

Requirements

  • You will be a CCAB or CIMA or qualified member, or alternatively an individual in the last stages of their professional qualification, and be able to demonstrate professional credibility within their field.
  • The post requires exceptional communication skills with both finance and non-finance staff, a flexible approach to work and significant experience of costing complex services.
  • You will be a self-motivated Financial Advisor capable of working under pressure, prioritising to meet tight deadlines and multi-tasking.
  • Strong IT skills are also a key requirement.

Responsibilities

  • The role is responsible for supporting the Senior Finance Business Partner in the delivery of a financial advisory service to the Medicine Division and its Operational Business Units.
  • You will drive the month end, budget monitoring and forecast processes, ensuring that the reported position is accurate and processes are robust.
  • There will also be involvement in Business Cases, Efficiency / CIP schemes and working with the Division to understand and improve their Trading Accounts Reporting position.
  • You will be required to present the financial position at Directorate meetings and to deputise for the Senior Finance Business Partner (SBP) at Operational Business meetings and Divisional meetings.
  • The role is responsible for supporting the Finance SBP in the delivery of a financial advisory service.
  • You will drive the month end income reporting, budget monitoring and forecast processes, ensuring that the reported position is accurate and processes are robust.
  • There will also be involvement in Business Cases, Efficiency/CIP schemes and working with the Division to understand and improve their Trading Accounts Reporting position.
  • You will be required to present the financial position at Directorate meetings and to deputise for the SBP at Operational Business meetings and Divisional meetings.

FAQs

What are the main responsibilities of the Financial Advisor role?

The main responsibilities include supporting the Senior Finance Business Partner, driving month-end income reporting, budget monitoring and forecast processes, involvement in Business Cases and Efficiency/CIP schemes, and presenting financial positions at Directorate meetings.

What qualifications are required for this position?

Candidates should be a CCAB or CIMA qualified member or in the final stages of their professional qualification, with demonstrated professional credibility in finance.

What skills are important for a Financial Advisor in this role?

Important skills include exceptional communication abilities, flexibility, significant experience in costing complex services, self-motivation, the capability to work under pressure, strong IT skills, and the ability to prioritize and multitask.

What is the work environment like for this position?

The department operates on an agile working policy, allowing finance teams to primarily work from home while being in the office for two days each week for meetings, reviews, and appraisals.

Who can I contact for more information about the position?

For further details or to organize an informal visit, you can contact Chris Morton (Senior Finance Business Partner) at christopher.morton@LTHTR.nhs.uk or Rebecca Davies (Financial Advisor) at rebecca.davies2@LTHTR.nhs.uk.

How does this position contribute to patient care?

The role is pivotal in ensuring accurate financial reporting and efficient use of resources, which directly supports the delivery of quality services to patients in the local area.

Will I have opportunities for professional development in this role?

Yes, you will have access to varied development opportunities that allow you to learn new skills, meet people, and enhance your career path while making a meaningful impact.

What is the size of the team I will be working with?

You will be part of a larger finance team that includes around 9,000 staff members working to deliver quality services to patients across Lancashire and Cumbria.

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Lancashire Teaching Hospitals NHS Foundation Trust

Together, we are one team. Together, we can create your future. Together, we make amazing things happen. #Together

Science & Healthcare
Industry
5001-10,000
Employees
2003
Founded Year

Mission & Purpose

Lancashire Teaching Hospitals NHS Foundation Trust provides a wide range of healthcare services, including acute care, emergency services, and specialized treatments, across hospitals in Lancashire. Their mission is to deliver high-quality, compassionate care and improve health outcomes for their patients. Their purpose is to enhance patient well-being and community health through excellent clinical services, research, and education.