We are working with an NHS organisation who are seeking to appoint an Interim Chief Finance Officer on a Fixed Term Contract basis for a minimum of 6 to 12 months whilst they recruit to the post substantively.
This role is an Executive Director (voting) position and will report to the Chief Executive Officer. The appointee will have overall responsibility for the Trust's financial strategy and for ensuring effective financial management and control throughout the organisation.
Key responsibilities will include:
Principal financial advisor to the Trust Board, CEO and Executive Team, ensuring clear understanding of financial risks and opportunities and leading the dynamic and flexible use of financial resources to support the ongoing development of the Trust;
In conjunction with the CEO, work on the development and implementation of the Trust's business and financial plan, ensuring fit with expected strategies and objectives, ensuring a clear focus on the long-term financial position;
Lead the annual business planning cycle, engaging and supporting all clinical care groups in the design and delivery of cost-effective services that meet commissioning expectations and deliver the strategic development needs of the Trust. This includes the annual budget setting process, in-year financial management of these budgets, identification and management of cost pressures and cost improvement plans, and successfully resolving financial issues;
Work with Site and Clinical Directors to continue to develop and align strategic plans for services with financial strategy at both service and organisational level;
Ensure high quality financial information is available throughout the Trust to support devolved decision making which encourages the best utilisation of resources;
Ensure that the Trust has robust costing systems to provide good quality financial information for service planning and development and benchmarking;
Provide strategic leadership and Executive responsibility for the design and approval of the Trust's Cost Improvement Programme ensuring that plans are robust and relevant management teams are held to account for delivery;
Ensure that all bids for external additional resources are supported by high quality information and that internal processes for prioritisation of resources are based upon high quality supporting information;
Manage the completion of the Trust’s monthly financial returns, statutory annual accounts and annual report and presentation of these to the Trust Audit and Risk Committee and Board of Directors;
Ensure the presence of an adequate internal audit service and to ensure good liaison with the Trust's internal and external auditors;
Ensuring that the Trust maintains appropriate controls to protect against fraud and other illegal activities;
Ensure that the best use of capital resources is obtained, and that capital spending plans are appropriately prioritised. This also includes the development of capital business cases, maximising Trust capital resources and development of medium/long term capital planning for the Trust.
The ideal candidate will have:
Educated to Masters level or equivalent professional experience;
CCAB qualified (ACCA, CIPFA, CIMA, ICAEW) with appropriate level of credibility and seniority;
Significant experience at Board level in an acute hospital within the NHS or another large complex healthcare organisation;
Significant experience of delivering large scale Change programmes, including service delivery, at Board Level in an NHS Provider organisation or equivalent;
Experience of designing and delivering effective financial transformation and improvement programmes including through partnerships;
Experience of developing strategic plans, both for an organisation and in conjunction with strategic partners;
Experience in managing challenging financial situations, including turnaround;
Experience of successfully leading and managing a large and diverse team;
Knowledge and understanding of current financial issues impacting the NHS with a good level of understanding of NHS regulatory and governance arrangements.
If you are interested in the role, please email Toni Coates to discuss the role in more detail. It would be helpful if you could share a copy of your updated CV to toni.coates@finegreen.co.uk along with your availability and rate understanding in line with the above.