Job Description

The role involves working closely with the PMO team as well as the Management Accounts and wider finance team to ensure that financial benefits of transformation are accurately planned and tracked. The Senior Finance Manager (Transformation) is a critical role in ensuring the provision of high quality advice, information, analysis and interpretation to the PMO as well as Divisional and Corporate leads of Transformation Programmes to underpin effective decision making and meaningful performance management.

They key responsibilities will be:

• Co-ordinate the development of costs and benefits projections for transformation schemes that are under development ensuring that impact on relevant budgets is understood.
• Support the Head of Strategic Finance in ensuring the costs and benefits of transformation schemes are fully reflected in Trust-wide financial plans and strategies.
• Undertake detailed demand / capacity modelling with the performance team to understand the likely impact of transformation schemes on key performance metrics.
• To provide financial input, where required into the preparation of significant wide business cases, working with both financial and operational managers.
• Assess and report each month on the progress of the Transformational schemes and associated financial impact.
• To produce accurate financial forecasts on the realization of financial benefits of transformation programmes, using professional skill and judgment, ensuring that the leads own their forecasts.
• The forecasts should identify and quantify risks, and support the formulation of mitigation plans where these are required
• Provide an executive reporting pack for the Transformation Group and PMO to ensure that key financial issues are clearly and professionally presented in a format which is tailored to the recipients.
• Work closely with the PMO on the planning of the Cost Reduction and Efficiency Schemes (CRES) working with Divisions and Finance Business Partners to identify opportunities and encourage focus on efficiency and cash releasing productivity initiatives.
• Lead and oversee the financial reporting for the Trust ensuring there is complete alignment to core financial reporting.
• To build and maintain effective relationships with the PMO and divisional management teams so that there is a high degree of trust in these working relationships.

Required Knowledge, Skills, and Abilities

• A CCAB qualified (ICAEW/ACCA/CIMA/CIPFA/ACA or equivalent).
• An advanced understanding of the key operational and financial challenges facing the NHS
• A good understanding of other NHS Finance processes contracting/ procurement, financial accounts, costing
• Previous experience of leading the financial aspects of a transformation project / business case
• Previous management of a large and complex budget setting and reporting processes
• Able to build and maintain effective relationships with divisional management teams striking the right balance between being supportive and challenging.
• Experience of project management methods and approaches.
• Ability to inspire confidence and respect of others particularly Managing Directors and their senior management teams