HealthJobsUK

Detailed job description and main responsibilities

Analytical & Judgemental Skills

To exercise judgement involving highly complex facts and figures and situations which require the analysis, interpretation, and comparison of a range of options.

Be able to analyse and assess conflicting information where expert opinion may differ, or information may not be viable relying on judgement and critical thinking to deliver an appropriate outcome.

In collaboration with the business partnering finance team, and senior budget holders, development of detailed financial projections to manage and oversee the delivery of a robust financial outturn position which is in line with the approved annual financial plan, ensuring delivery of value for money and any required cost improvement programmes and cash releasing efficiency schemes.

Lead on identifying the impact of new initiatives, evidence-based proposals, and producing implementation and benefit realisation plans.

Advise on financial performance management and measurement and using benchmarking, to enhance performance by learning from available best practice.

Analyse all metrics applicable to optimal performance and support drive for improvement in financial performance and delivery.

Planning & Organisational Skills

To plan and prioritise own work, to ensure effective support to all areas and delivery of key objectives.

Support the formulation of long-term strategic plans and frameworks ensuring they fit within the Welsh Government (WG) strategic planning and delivery context.

Monitor and review a variety of delivery plans, intervening when required to ensure delivery stays on track.

Responsible for the effectiveness of financial monitoring as a means for ongoing review of organisations sustainable financial health and delivery against all improvement programmes.

Ensure that changes implemented, policies and frameworks written, and concepts developed are in line with latest Welsh Government guidelines and evidence based best practice.

Lead in providing professional financial assessments of the overall holistic view of financial performance and sustainability by organisation.

Policy & Service Development Implementation

Take a lead role in developing an ongoing process for aligning resources with policy, informing decision making and identifying disinvestment and investment opportunities.

Work with partner organisations and stakeholders as appropriate in collaborative schemes for delivery of joint strategy and service developments

Develop models to modernise structures that support new ways of working and future service development. 

Ensure a consistent approach adopted for all financial aspects of value, including improving use of benefits realisation models in business case development.

Write new policies and frameworks as and when required by new events and Welsh Government priorities. 

Resource Management:

Ensure robust systems of governance, financial control and risk management operate within the organisation.

To take a leadership role in the effective use, monitoring and management of operational budgets within the NHS Executive. This will include prioritisation reviews, budget setting, supervision of delegated budgets and control and procurement of capital equipment, to ensure compliance with the organisation’s Standing Orders and Standing Financial Instructions and ensure effective corporate governance.

Provide impartial professional advice and meaningful financial analysis and interpretation, to support formulation of strategy, planning and decision making. 

Taking a lead role in developing an ongoing process for aligning resources with priorities.

To regularly monitor and review the delivery of plans in liaison with Welsh Government ensuring that regular budget statements are reviewed quickly and that the impact on out-turn of significant current variances is clearly understood by colleagues.

Ensure active involvement and influence on material business decisions to ensure that the immediate and longer-term implications, opportunities, and risks are fully considered and consistent with the overall financial strategy.

To ensure all systems requirements and scheme of delegation and are in place to support the efficient and effective delivery of financial reporting.

To identify opportunities for optimising the resources available to the organisation for the purposes of improving patient care whilst maximising value. 

Research & Development

The post holder is responsible for the Directorates qualitative and quantitative audits to inform future service improvements.

Lead the assessment and development or research on international best practice in key strategic areas aligned to the function’s objectives and as required by WG.