Job Description

The following are the core outline responsibilities of the Finance Manager and the list is not exhaustive. There may be, on occasion, a requirement to carry out other tasks. This will be dependent upon factors such as workload and staffing levels: a. Manage practice finances, support the Practice in maximising income and reducing expenditure b.



Accurately monitor cash flow, forecast and predict workflow corresponding to income c. Review all income and expenditure statements, identifying any inaccuracies and rectifying such issues d. Ensure invoices are approved appropriately and paid within the given time frame e. Maintain an effective system for the handling of petty cash, payments and banking f.



Liaising with the practices accountants regarding VAT, year end accounts and queries g. Manage and oversee the organisations pension scheme, retaining accurate records (supported by the practice external payroll provider). Submissions to NHS England regarding Exposure-Prone Procedures (EPPs) h. Manage partners drawings (practice accountants advise levels and finance manager sets up payment) I.



Oversee PAYE for the practice which is supported by and administered by an external payroll provider j. Approve the ordering of practice supplies (clinical and non-clinical) ensuring that robust processes are in place k. In conjunction with other members of the senior management team, manage and submit timely claims for enhanced services and other contract and practice private income. l.



Present financial forecasts to senior management and partners as and when required m. Ensure the presentation of monthly financial reports is of a high standard n. Ensure that effective financial controls are in place and processes are adhered to o. Understand and brief the management team on the financial implications of contract and legislation changes affecting the organisation p.



Maintain an effective working relationship with the ICB, ensuring the organisation receives a proportionate and equitable allocation of resources Secondary responsibilities In addition to the primary responsibilities, the Finance Manager may be requested to: a. Act as the primary point of contact for finance-related matters with NHSE, the ICB and the practices accountant b. Attend and actively participate in practice management meetings c. Attend any external meetings pertinent to the role of Finance Manager