Register with Us
Deputy Head of Finance
  • United Kingdom - London - SE1
1 year ago
£74441 - £84651 Per year
Head of Finance
Full Time
Job Description

The role would suit someone with significant business partnering experience in a complex acute care environment, who is looking to step up into a challenging leadership role. Interviews are likely to take place in w/c 9th Jan or w/c 16th Jan.

  • Responsible for providing financial leadership for a set of designated directorates within the Clinical Group and their finance teams.
  • Leading the Month End process across the designated directorates by lending support, guidance and experience to the finance mangers as required
  • Responding to and coordinating additional reporting requirement s as instructed by the Associate Finance Director /Head of Finance
  • Working with Finance Managers and Directorate Management Teams (DMTs) to prepare and present financial performance at monthly clinical group Performance Review Meetings
  • Annually, supporting the Head of Finance in designing the clinical group financial planning process in conjunction with Financial Planning, and providing review & challenge of directorate financial plans.
  • Support the Head of Finance in Long term finance planning in partnership with directorates and lead on specific long term projects.
  • Be the prominent Finance contact for non-routine, contentious and complex matters with an ability to challenge , recommend and influence
  • Undertake team recruitment & development
  • Lead/deputies as the financial expert at quarterly Executive Director Performance Review Meetings & other executive meetings.
  • Lead on the development & production of group finance reporting
  • Support the Head of Finance in delivering programmes for improving productivity, quality and efficiency.

We operate a hybrid working model with some remote work and some time on site. This post maybe required to travel to any of our sites, though most on site time will be split between Evelina London's offices near Waterloo and Finance offices near London Bridge

Generic Duties and Responsibilities

  • To recruit, induct, train and develop two teams of financial management staff within each Clinical Group.
  • To develop and co-ordinate training programmes, training the finance managers to deliver these within the directorates and across clinical groups and treated every integration as an opportunity coach managers to develop their financial knowledge and understanding.
  • To provide expert sectional operational management, set objectives and priorities, and to motivate and appraise staff
  • To coach and mentor the Senior Finance Manager in their development
  • To take an active role in developing finance staff through on the job training, professional academic studies, and other approaches such as mentoring, career and personal PDP’s
  • To provide financial leadership and present complex financial management information to senior staff across the Clinical Board, Directorates and Trust Executive Directors.
  • To coach and mentor professionals across the finance function. Areas of staff professional development including, Records of Experience, annual CPD records, senior management skill coaching and mentoring.
  • To provide professional expert guidance to Clinical Group Directors/ Directorate managers and when required challenge assumptions, understanding & intentions.
  • To monitor and review directorate forecasts and ensure that plans are adequately implemented and monitored from the start of each year, and to ensure a consistent approach for new plans developed during the year
  • To lead on the annual financial planning agenda developing business plans and presenting these to Directorate Management Teams, The Clinical Group Board & Trust Executive Directors.
  • To develop with directorates an awareness of financial performance requirements, and of the need for budgetary control.
  • To take the Financial Management lead on identifying the financial training needs and requirements of Directorates and to provide the resources and materials to address these
  • To ensure that all managers are aware of, and act in accordance with Standing Financial Instructions.
  • To be responsible for two or more teams and budgets within Finance.
  • To identify ways to improve income generation across the Trust and to maximize income from current sources.
  • To identify ways to reduce costs and enhance value across the Trust.
  • To take an active role in working with Directorate General Managers, Clinical Directors and other managers in developing plans for efficiency savings and improvements in value for money
  • To challenge current practices through benchmarking , patient Level costing and productivity tools
  • To identify, develop, recommend and implement improvements in financial management team performance, including regular review of team performance covering systems, processes, policies and individual performance.
  • Triangulate clinical, HR and finance information to analysis and interpret highly complex data and make this available through a range of systems and other end user systems and to lead the development of those systems to support local reporting needs.
  • To work in collaboration to improve the effectiveness of accounting systems, working closely with the Chief Accountant and the Financial Operations team
  • To work in collaboration to continually review and improve the effectiveness of the performance monitoring systems, working closely with colleagues in finance and the Directorate of Informatics
  • To coordinate the provision of financial reports and analysis through the Finance Manager and supporting staff.
  • To manage the provision of financial management information and analysis for relevant Boards, Directorate General Managers and other senior staff throughout the Trust
  • To make use of comparative tools such as benchmarking in developing rolling financial plans and to lead on developing their use in directorates
  • Ensure that future education provision meets agreed goals and delivers greater research capability and capacity within Directorates and Clinical Groups
  • Put in place mechanisms to audit and evaluate strategy and operational performance
  • Make use of internal (e.g. Patients level information costing) and external benchmarking (e.g. Model Hospital, GIRFT and Pricing Data) to test and make recommendations to improve internal procedures and costing
  • Actively engage in a number of educational activities to support knowledge development in areas of responsibility across disciplines and levels of staff.
  • Design, implement and monitor arrangements which support the development of a learning culture within the organization ensuring that cross organizational learning is shared and implemented where appropriate.
  • To continue personal development and perform as a leading expert within the organization, managing a team of professional accountants.

Required Knowledge, Skills, and Abilities

The successful candidate will have excellent communication skills and clearly explain complex financial matters to non-finance stakeholders in ways that bring finance to life. The role requires strong negotiation skills and the ability to effectively challenge and influence senior stakeholders to maintain a sustainable financial performance. Strong analytical skills and a keen eye for detail are critical, along with excellent organizational and planning abilities to enable the team to deliver high quality business partnering in a fast paced environment.


Reference no: 105806

Jobseeker

Are looking for job?
Apply now

Recruiter

Are you recruiting?
Post a job