To assist in the provision of a Financial Management service to the Trust and it’s Directorates, and in the preparation of monthly reports to all levels of the Trust on financial matters To provide a budget control and advisory service to budget holders and managers of the Trust, giving advice and direction where appropriate. To review areas of overspending and to take action, in conjunction with budget managers, to address the issues. To work closely with Clinical Directors and Directorate Managers to enhance a joint understanding of the operational and financial issues within the Trust, assisting in the preparation of business cases and advising on income generation, costings and profitability. • To provide a budgetary control and financial advisory service for financial and non financial managers of the Trust, giving advice and direction. • To prepare accurate and timely monthly monitoring reports on the income and expenditure position for budget holders. • To analyse budget variances and trends and to formulate and review any corrective action ensuring budget managers are aware of the underlying reasons, and to take action accordingly. • To explain key financial metrics within service line reports in a clear and concise way, working with the Senior Finance Manager to interpret and analyse key issues and trends within these reports to enhance operational decision making. • To produce year-end financial forecasts using complex and sensitive information • Responsibility for the preparation and agreement of relevant annual budgets as part of the annual Budget Setting Process. • To work closely with Clinical Directors and Directorate Managers to enhance a joint understanding of the operational and financial issues within their unit, working with the Senior Finance Manager to ensure that financial advice and direction reflects the strategic direction of the Trust’s business plan. • Assisting Clinical Directors, Directorate Managers and other budget holders in the preparation of business cases, and working with the Senior Finance Manager to ensure that issues around capacity, demand, income generation, costs and profitability are considered. The Royal Orthopaedic Hospital NHS Foundation Trust is one of the largest specialist orthopaedic units in Europe. We offer planned orthopaedic surgery to people locally, nationally and internationally. Our Trust is a very special hospital; big enough to deliver world class services and small enough to offer exceptional patient and staff experience. We offer a working experience unique in the West Midlands and we're always on the lookout for passionate people to join our award-winning team. The ROH is an equal opportunities employer. We employ people of difference and are committed to growing an inclusive culture, where difference is celebrated, and people feel able to bring their whole and authentic self to work. We are a Disability Confident Leader and offer a range of inclusive, family friendly and flexible working arrangements and policies, to support our people in the workplace. The Trust is committed to the Disability Confident Interview Scheme and will offer an interview to disabled applicants who meet the minimum criteria for a vacancy and consider them on their abilities. If you have a disability and need any support with your application or require any reasonable adjustments to be implemented please do get in touch with the Recruiting Manager for this position so that the team can support you. To find more about our staff benefits, please visit our website. For a detailed job description and list of main responsibilities please see the attached job description document. This advert closes on Friday 10 May 2024 Proud member of the Disability Confident employer scheme Disability Confident About Disability Confident