Deputy Head of Finance - Integrated and Specialist Medicine
Closed for applications on: 23-Nov-2024 00:00
Vacancy status: Closed
Closed for applications on: 23-Nov-2024 00:00
Key details
Location
- Site
- Cross Site
- Town
- London
- Postcode
- SE1 7EH
- Major / Minor Region
- London
Contract type & working pattern
- Contract
- Permanent
- Hours
- Full time - 37.5 hours per week
Salary
- Salary
- £82,462 - £93,773 p.a. inc HCA
- Salary period
- Yearly
- Grade
- (NHS AfC: Band 8c)
Specialty
- Main area
- Corporate
Guy’s and St Thomas’ is among the UK’s busiest and most successful NHS foundation trusts. We provide a full range of hospital and community services for people in south London and as well as specialist care for patients from further afield including cancer, renal, orthopaedic, respiratory and cardiovascular services.
Guy’s is home to the largest dental school in Europe and a £160 million Cancer Centre opened in 2016. As part of our commitment to provide care closer to home, in 2017 we also opened a cancer centre and a kidney treatment centre at Queen Mary’s Hospital in Sidcup. St Thomas’ has one of the largest critical care units in the UK and one of the busiest emergency departments in London. It is also home to Evelina London Children’s Hospital.
Evelina London cares for local children in Lambeth and Southwark and provides specialist services across south east England including cardiac, renal and critical care services. We lead a number of specialist service networks aiming to ensure children are treated locally where possible, but have access to specialist expertise when they need it. Our community services include health visiting, school nursing and support for families of children with long-term conditions.
Our adult community services teams deliver care at the heart of the local communities we serve, working in partnership with GPs, local authorities and other healthcare and voluntary sector organisations. Working with our partners in Lambeth and Southwark, we are focusing on new ways of working to improve care for local patients.
In February 2021 the Royal Brompton and Harefield joined Guy’s and St Thomas’ NHS Foundation Trust, bringing together world-leading expertise in the care and research of heart and lung disease. Our merger provides a once in a generation opportunity to build a lasting, world-renowned heart and lung centre, providing the highest quality care for patients and conducting world-leading research.
We have a reputation for clinical excellence and high quality teaching and research. We are part of King’s Health Partners, one of eight accredited UK academic health sciences centres. In partnership with King’s College London we have dedicated clinical research facilities including an MHRA accredited Phase I clinical trials unit.
Patients are at the heart of everything we do and we pride ourselves on ensuring the best possible patient experience as well as safe, high quality care. We are proud to have one of the lowest mortality rates in the NHS. Following a comprehensive Care Quality Commission (CQC) inspection in 2019 we maintained our overall rating of ‘good’. Our adult community services achieved a rating of ‘outstanding’.
The commitment of our 23,500 staff is key to our success. We are one of the largest local employers and we aim to develop and support all our staff so they are able to deliver high quality, safe and efficient care. The 2019 NHS staff survey results show that we have one of the most engaged and motivated workforces in the NHS. We know this has a positive impact on the care provided to our patients.
We have one of the most ambitious capital investment programmes anywhere in the NHS.
Job overview
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 requirements as instructed by the Associate Finance Director or 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, as produced by DMTs and Finance Managers, for the forthcoming year to ensure these are robust and deliver on planning requirements.
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.
Advert
To coordinate the provision of financial reports and analysis through the Senior Finance Managers, Finance Managers and supporting staff. To manage the provision of financial management information, analysis and advice to Clinical Directors, Directorate General Managers and other senior staff throughout the Trust.
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.
Working for our organisation
Integrated & Specialist Medicine Clinical Group
Within our Clinical Group we have a commitment to providing an inclusive workplace for all our staff and we are seeking talented staff to build a diverse workforce which accurately reflects the patients and population that we serve.
Trust values:
As part of Guy’s and St Thomas’, our values help us to define and develop our culture, what we do and how we do it. It is important that you understand and reflect these values. The post holder will adhere to these values:
· Caring – we put patients first
Ambitious – we innovate and strive for excellence
Inclusive – we respect each other and work collaboratively
Our values and behaviours framework describe what it means for every one of us in the Trust to put our values into action. The framework can be found on our Trust careers pages and GTi Intranet.
Detailed job description and main responsibilities
Management and Leadership
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 manager 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.
Financial responsibilities
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.
Productivity and Efficiency
To identify ways to improve income generation across the Trust and to maximise 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
Information management
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 including QlikView 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
Research and Development, Education and Training
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 costings) 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 organisation ensuring that cross organisational learning is shared and implemented where appropriate.
To continue personal development and perform as a leading expert within the organisation, managing a team of professional accountants.
Person specification
Knowledge/Qualifications
Essential criteria
- Masters or equivalent qualification (including CCAB Qualified) or equivalent experience
- CPD records up to date
- Relevant Professional Organisation
Desirable criteria
- Actively enrols onto professional development courses
Previous experience
Essential criteria
- Post Qualified Experience - Significant amount gained at a senior position
- Financial Leadership - A successful record of working with senior clinical and non-clinical leaders across the NHS
- Strategic - Leading on and able to challenge and influence across 1. Formulating annual directorate financial plans working with senior leaders 2. Capital business cases 3. Implementing policies and procedures
- Leading Teams - Achieve3ment at all levels and to include recruitment & selection, appraisals, professional development, mentoring, & discipline
- Change & Performance Management - Experience of working within an ever changing & challenging financial environment. Working at both a technical and personal level with senior leaders to implement change
- Technical - An in depth knowledge of NHS accounting, reporting issues and the required application. Experience of interpreting relevant financial legislation & guidance from MHSE/I, To advise & recommend on required implementing for compliance.
Desirable criteria
- Experience in a similar role in a large complex Foundation NHS Trust
Skills
Essential criteria
- Communication - Excellent skills both orally and written. Able to present highly complex financial information to non-finance staff including directors
- Freedom to Act - Ability to work autonomously within the national and internal reporting framework and will interpret and prioritise based on experience gained
- Analytically Minded - Able to analyse complex financial information to ascertain areas of challenge/concern and recommendation with an ability to convey outputs in a non-complex nature to senior management
- Judgement - Will contribute to financial decision making in conjunction with assessing financial risk/probability and optimum bias
- Development - an ability to continually review and improve processes, reporting and presentational outputs
- Quality - Strong sense of quality delivered and expected of team demonstrated by being able to lead by examples
- Listener - Able to understand & translate to implication for business unit and team
- Achiever - Makes things happen
- Persuader - Ability to negotiate & influence
Further details / informal visits contact
- Name
- Naomi Morris
- Job title
- Head of Finance
- Email address
- [email protected]
No longer accepting applications
Sorry, this vacancy is no longer accepting applications.
You can search for similar jobs on the employer's job board, or visit our national jobs board Health Jobs UK.