New Hospitals Programme Finance Lead - Huntingdon

Job responsibilities

The Finance Lead will have a particular focus on developing all the financial aspects of the business cases, including:

Developing Financial Strategy

• Conduct financial and cost modelling for business case, gathering inputs from BAU finance roles to assess project viability, budget allocation and financial implications in order to establish affordability
• Leading the development of the financial aspects of an Outline Business Case (OBC) and Full Business Case (FBC).
• Identifying and evaluating opportunities for transformation and efficiency improvements arising from the Programme.
• Be responsible for exploring affordability and funding options for the development/build cost and subsequent revenue consequences.
• Providing the financial input to the Economic and Commercial cases and ensuring that the financial evaluation is produced to a high professional standard within the Programme deadlines.
• Develop strategic relationships and provide expert financial and commercial adviceto impact decisions, support initiatives, clarify accountability and communicateprogress
• Act as conduit for the effective collation and escalation of Financial and Commercialrisks and issues.

Stakeholder Engagement

• Working closely with colleagues in the Integrated Care Board (ICB) in developing the financial aspects of any public consultation for service change.
• Establishing close and effective relationships with the Regulator and supporting them to gain assurance on the proposed transaction.
• Working with the Programme team and lead clinicians, as the primary finance representative, in developing an effective programme for change and delivery.
• Fostering collaborative and mutually supportive relationships with project leaders and senior stakeholders, assess cross-functional project team capability, provide coaching, and support to improve collaborative development and project results.
• Work with ICB and ICS colleagues to develop a financial model that presents an accurate interpretation of the future service provision and describes the financial dynamics within the local health and care system to understand the financial impact of changes in healthcare settings.
• Liaison with NHS, and NHSE (at Director level) on the approvals process, responding to questions and ensuring that key staff in external agencies are briefed and informed on Finance matters relating to the Programme.
• Managing the work of specialist advisors who may be brought in to provide technical support to the case (e.g., on taxation, capital costing) and acting as principal liaison point with the external consultants who are producing the Economic Case in the OBC and FBC.
• The role will have responsibility for managing data across different organisations and for reporting data in different formats to different stakeholders (e.g., commissioners, regulators, Partner Boards, clinical groups).
• Develop strong working relationships and provide expert financial advice to impactdecisions, support initiatives, clarify accountability, challenge assumptions, andcommunicate progress

Monitoring and Reporting

• Establishing and managing the budget for the development of the business cases, ensuring timely and effective application for funds.
• Oversee the project budget, monitor expenditures and ensure accurate financial tracking throughout the schemes development lifecycle to comply with Trust and NHP reporting exercises
• Providing reports and advice to the Programme Board (an Executive Director level meeting) and Project Boards for the scheme.
• Negotiate and approve commercial elements within agreements with vendors and service providers and hold them to account for financial performance.

Freedom to Act

The post holder is expected to work with minimal supervision. They will be expected to take responsibility for the production of a wide range of plans which will be on a national, regional, and local level.

Education and Qualifications

Essential

• CCAB qualification
• Masters Level Qualification or Equivalent

Desirable

• Better Business Case Foundation and Practitioner Levels
• Project Management Qualification

Experience

Essential

• Demonstrable track record of the leadership of major infrastructure programmes through public funding or PFI to time, cost, and quality objectives
• Budget and financial management
• Management of multi-disciplinary teams - internal and external.
• Significant experience of programme and project management, including successful risk and issues management.

Desirable

• Extensive experience in NHS or public sector

Skills, Abilities and Knowledge

Essential

• Experience in developing complex financial models from scratch, using Excel or equivalent
• Drafting and presenting reports to non-financial managers in a variety of formats (presentation, written, oral)
• Experience of working on complex projects as part of a project team
• Involvement in the development of major capital business cases and associated financial modelling
• Working as the senior finance adviser to a team of non-finance managers
• Significant experience of finance work in a large (>£100m), complex public-sector organisation
• Ability to analyse and balance complex service, commercial and political decisions and draw appropriate conclusions
• Demonstrate evidence of influencing and persuasion
• Excellent verbal reasoning
• Politically aware and sensitive to the high profile of the Trust
• Excellent interpersonal skills
• Ability to deal confidently with multidisciplinary staff at all levels of an organisation including directors and clinicians
• Ability to plan and organise resources to ensure strategic objectives and deadlines are met
• Ability to work under pressure and to tight timescales.
• The post holder will be expected to work autonomously and have the ability to navigate complex processes
• The post holder will require a high level of attention to detail and as such the post holder will be expected to attend multiple meetings, manage complex situations and maintain high levels of concentration in undertaking analysis report writing and dealing with project leaders, clinicians and executive colleagues
• The post holder will be expected to have a high level of skills in using computers and have a high level of knowledge and skill in analysing and interpreting data and the ability to present complex information.
• Leadership and management of a team of within a project or programme
• Ability to produce complex plans and project management controls from executive mandates.
• Ability to reach timely and effective decisions based on the appropriate use of information
• Ability to deal with stressful situations and work under pressure
• Ability to implement change involving large and complex change management.
• Analytical approach and ability to work logically and resolve complex problems.
• Ability to interact with people from a diverse cultural and social background.

Desirable

• Knowledge of NHS capital investment and procurement processes

Other

Essential

• Ability to develop effective working relationships with colleagues and the public.
• Committed to continuous professional development and personal growth
• Demonstrates a positive and flexible approach

Disclosure and Barring Service Check

This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.

Certificate of Sponsorship

Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).

From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).

UK Registration

Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).