Financial Governance Manager

Job overview

Ensuring a clear financial governance framework is a key element of a properly functioning organisation. OUH are looking for an enthusiastic and experienced professional to take up a permanent position as a Financial Governance Manager, in the recently re-established Financial Governance function.

The post holder will be a senior member of the team, and a first point of contact in supporting colleagues and Trust’s external advisors on all matters related to financial governance. This will involve advising on application of key financial documents, policies and procedures, supporting effective functioning of a variety of Finance-led governance meetings across the Trust, maintaining working relationships with the Internal Audit, External Audit and Local Counter Fraud Service providers and leading on upkeep of the Finance team risk register.

The postholder will play a key role in the production of the Annual Report and Accounts, including coordinating compiling the Annual Report and supporting the Head of Financial Governance in managing the external audit completion process.

The function is expected to be visible across the Trust, actively promoting a culture of good financial governance and robust controls. The post holder will be expected to engage with clinical and operational staff, including developing and delivering training on finance skills.

Please note visa sponsorships are not supported for this role.

Main duties of the job

The postholder will be responsible for supporting Head of Financial Governance in all aspects of the following:

• Implementing and overseeing financial governance arrangements across the Trust
• Supporting contract management of Internal Audit, External Audit and Local Counter Fraud Specialist
• Development of the Annual Report
• Development and delivery of financial skills training to colleagues across the Trust
• Responding to Freedom of Information requests to the finance function
• Developing and implementing risk management processes and procedures across the finance function

Working for our organisation

For more information on OUH please view OUH At a Glance by OUHospitals - Issuu

Our values, standards and behaviours define the quality of clinical care we offer and the professional relationships we make with our patients, colleagues and the wider community.

We call this Delivering Compassionate Excellence and its focus is on our values of compassion, respect, learning, delivery, improvement and excellence.

Detailed job description and main responsibilities

• Deputising for the Head of Financial Governance as required regarding all areas within the team’s remit
• Facilitating effective functioning of a range of Finance-led meetings across the Trust, including supporting agenda-setting, collation of papers and maintenance of meeting notes and action logs
• Providing advice on financial governance issues to finance and non-finance managers
• Supporting the Head of Financial Governance with updating, maintenance, review and queries on OUH’s Standing Financial Instructions (SFIs) and Limits of Delegation (LoDs); this will include working with the Corporate Governance team to ensure OUH’s Standing Orders are aligned to the SFIs and the LoDs
• Horizon scanning for/review impact of changes in government policy and accounting standards and guidance which would impact on the operation of OUH’s financial governance processes and rules
• Writing briefing papers for Committees and attend Committee meetings as required

• Acting as the key point of contact for Trust’s Internal Audit provider and coordinating Internal Audit activity for the year, including dissemination of instructions to participating teams, documentation collation, follow up of management responses to findings and resulting recommendations
• Supporting the Head of Financial Governance in ongoing interaction with the Trust’s Counter Fraud specialist, including facilitating Trust engagement in proactive counter fraud work throughout the year
• Supporting the Head of Financial Governance in project managing the external audit process to ensure accounts are audited and submitted on time
• Coordinating the Trust’s response to outcomes of regional and national exercises, such as the National Fraud Initiative, and ensuring follow up is undertaken and learning is disseminated
• Developing initial processes and plans to address any control issues identified by external advisors

• Leading on compiling the Trust’s Annual Report according to NHSE/DHSC guidance and a prescribed timetable
• Liaising and working closely with key senior personnel of the Trust
• Taking the report through the internal governance process for Audit Committee and Trust Board approval
• Liaising with External Auditors for the purpose of annual report audits
• Ensuring the approved Annual Report is submitted to NHSE and Parliament as per guidelines and timescales

Training and Development

The postholder will be responsible for:

• Working with the Head of Financial Governance on developing and rolling out a comprehensive finance skills training for non-finance colleagues across the organisation

• Leading on the upkeep of the Finance team risk register and for managing circulation / update across the Senior Management team so that risks are recorded, reported and managed correctly

• Acting as the first point of contact for all FOI queries shared with the Finance team, disseminating these to relevant individuals and following up on responses.

Person specification

Qualifications

• Educated to Master's level of equivalent level of experience working at a senior level

• Member of a relevant professional body (CCAB or CIMA)

Experience

• Experience of building effective working relationships with stakeholders across the organisation

• Experience in compiling NHS Foundation Trust Annual Reports