Product Features
Blog
Contact Us
Sign In
Progresso Search
,
London, Greater London
Commercial Finance Manager (Part-time)
|
|
Job Type: Full-time |
|---|---|
|
|
Salary: £45,000 per annum |
Overview
We are currently recruiting on behalf of our key client, one of the UK's leading Private Healthcare providers with over sixty private hospitals and clinics throughout the UK. They are looking for a Commercial Finance Manager to joint their management team on a PART TIME basis, to be based in BlackHeath, London. Role Purpose The purpose of the Commercial Finance Manager is to provide finance support and expertise for hospital Senior Management Teams, driving a clear understanding of the operational and financial performance of the hospital (KPIs, trends, revenue, costs and EBITDAR), ensuring that the financial control policies (including approval and authority limits) are followed where relevant, that a disciplined and consistent approach is taken to the management of costs and within-hospital working capital and that all business development and capital proposals are accompanied by a rigorous and commercially astute financial appraisal. The Commercial Finance Manager also is responsible for hospital financial planning and monitoring. As the centre of excellence for finance process and analysis, the Commercial Finance Manager is to act as a leader of expertise and acumen amongst the hospital Senior Management Team and Heads of Department, providing guidance and ad hoc training on financial matters and the use of financial tools within hospitals. The Commercial Finance Manager forms part of the senior operational team within the hospital, closely involved in commercial decision-making and major projects to ensure astute financial approach and control. The Commercial Finance Manager is also to act as a leader in quality and consistency of financial process and analysis within hospitals, including accuracy of the use of charts of accounts and department / cost centre structures within hospitals, and an influencer of high quality process and attention to detail across the entire hospital, including patient administration. Core Responsibilities and Key Accountabilities: Monthly review Alongside ED and SMT, carry out and report on a monthly review of hospital financial trends, results, operating KPIs and commentary as part of performance improvement and challenge (within SMT) to support delivery of hospital operating and financial budgets, including cost control, review of labour against the established through labour variance model, and monthly reporting to regional teams - such monthly review to be used for regional and corporate reporting and analysis Facilitate departmental review of operating performance and KPI trends, so support understanding of drivers of performance Payor, speciality, doctor and margin review, to support ED consultant and commissioner engagement activity (using commercial and NHS dashboards) Hospital capital expenditure incurred to balance sheet Weekly review Review of weekly within month forecast Labour hours tools usage and reporting: sign off of various tools (e.g. length of stay, non-productive time) Annual budget Responsibility for compilation of annual budget in conjunction with ED and SMT alongside annual operating plan Business development Financial preparation of all hospital business cases, capital and operating Hospital post-investment reviews Specific areas of monitoring responsibility to support improved operational performance (alongside DOps and DCS as appropriate) Hospital stock holdings Compliance with Group agreements (missed opportunity expenditure) Consultant debtors Charge capture Coding sheet completeness Implementation of non-clinical audit recommendations NHS full inclusion CQUINs Financial recording and process quality Use of department consistency Profit and loss chart of accounts accuracy Completeness of receipting and purchase to pay cycles Ad hoc and other responsibilities Participation in peer and other assurance visits as relevant Expert cross-region and cross-business analysis as relevant Participation in new systems and finance process development and roll-out Experience Required: Five years plus in a senior Finance role Experience of multi-site / distributed working environments with local profit loss responsibility Demonstrated experience in managing change successfully within the Finance function Formal Finance qualification Strong technology skills including computerised financial systems and MS Office If this challenging but rewarding and exciting opportunity sounds of interest, and you have the skills and experience required, then please apply now.