Job summary
As we look to the future, we are excited to be making progress in our plans to build a new health and care campus for West Suffolk, co-producing these plans with staff, stakeholders and partners. Our new Chief Finance Officer (CFO) will play a pivotal leadership role in this development as we design and deliver a new healthcare facility for our population.
If you are inspired to join us, we would love to hear from you. For an informal discussion with Ewen Cameron, Chief Executive Officer, please contact Gemma Wixley on 01284 713301.
Main duties of the job
The CFO will be the executive lead the resourcing, leadership, support and development of the finance team, and the ongoing development of the financial framework and controls for the organisation, that supports the financial viability of the Trust and enables clinical and non-clinical services to be delivered within clearly agreed parameters in line with statutory financial requirements.
Together with other executive members of the Board of Directors, the CFO will demonstrate inspirational and compassionate leadership to the entire workforce, ensuring that staff, and volunteers are supported and motivated to provide the safest and best patient care, and are at the heart of quality improvement and organisational development
About us
#BeKnown at West Suffolk NHS Foundation Trust. By us. By our patients. By our community
We are a busy, friendly, rural NHS Trust providing high-quality care and compassion to more than a quarter of a million people across west Suffolk. We care for, treat and support people in hospital, at home and in various community settings.
The West Suffolk Hospital in Bury St Edmunds provides acute and secondary care services (emergency department, maternity and neonatal services, day surgery unit, eye treatment centre, Macmillan unit and children's ward). It has 500+ beds and is a partner teaching hospital of the University of Cambridge.
Adult and paediatric community services, provided in collaboration with West Suffolk Alliance partners, include a range of nursing, therapy, specialist, and ongoing temporary care and rehabilitation, some at our Newmarket Community Hospital.
We do our utmost to achieve outstanding clinical outcomes for patients and our values of fairness, inclusivity, respect, safety and team work guide how we work and behave as a team.
With nearly 5,000 staff, from all over the world, we strive to make our organisation a great place to work. Whatever your role or ambition, we want to help you be the best you can be.
We promote a diverse and inclusive community where everyones voice counts and you can #BeKnown for whoever you are.
Join us. What will you #BeKnown for?
Job description
Job responsibilities
Develop and communicate a strategic vision and framework for financial management and control so that our clinical divisions (acute and community) and corporate directorates are supported to formulate short and long-term budgets and financial plans that ensure we are delivering services we need in the future within the financial parameters agreed, actively engaging with staff and stakeholders (including patients, families and carers) to ensure their views and experiences are at the heart of this process.
Lead, inspire and develop the finance directorate, in order to deliver efficient, effective, values-driven and future focused financial management, accounting and control services, enhancing financial sustainability, taking a data and evidence-based approach to build greater financial oversight, thus supporting the reduction of financial risk for the Trust.
Ensure appropriate governance, controls, policies and procedures are in place, fully accessible, adopted and updated, to enable compliance with regulatory and statutory requirements related to financial management, including detailed scrutiny and assurance.
Develop integrated systems, key indicators and reporting to track delivery and impact of the financial plan, enabling the Management Executive Board and Board of Directors to maintain close oversight and be responsive, including assurance, that the organisations overall approach to financial management is enabling the Trust to deliver services that provide increasing value to patients and wider stakeholders.
Provide comprehensive advice and support to the Board of Directors on all matters pertaining to finance and budget management, annual accounts, income generation, general and capital expenditure, borrowing, cash liquidity, financial stability, financial risk and fraud, ensuring the Trusts balance sheet is professionally and appropriately managed.
Support the development of a culture of financial and contracting accountability, supporting those with budgetary responsibilities to be equipped to make the most effective use of resources, enabling the enhancement of the Trusts sustainability.
Fulfil the executive lead role for estates and facilities, ensuring that the Trusts estates portfolio, including capital and maintenance programmes, are aligned to the Trusts strategy, future health and care needs, and are pro-actively managed safely and cost-effectively within statutory requirements, including accommodating accessibility needs.
Fulfil the senior responsible officer role for the Trusts designation as an NHS New Hospitals Programme site, overseeing the delivery of the work programme to plan and build a new healthcare facility to replace the West Suffolk Hospital.
As part of the Fit and Proper Person Framework, the successful candidate will be required to complete the FPP test at the point of recruitment and then annually thereafter.
Job description
Job responsibilities
Develop and communicate a strategic vision and framework for financial management and control so that our clinical divisions (acute and community) and corporate directorates are supported to formulate short and long-term budgets and financial plans that ensure we are delivering services we need in the future within the financial parameters agreed, actively engaging with staff and stakeholders (including patients, families and carers) to ensure their views and experiences are at the heart of this process.
Lead, inspire and develop the finance directorate, in order to deliver efficient, effective, values-driven and future focused financial management, accounting and control services, enhancing financial sustainability, taking a data and evidence-based approach to build greater financial oversight, thus supporting the reduction of financial risk for the Trust.
Ensure appropriate governance, controls, policies and procedures are in place, fully accessible, adopted and updated, to enable compliance with regulatory and statutory requirements related to financial management, including detailed scrutiny and assurance.
Develop integrated systems, key indicators and reporting to track delivery and impact of the financial plan, enabling the Management Executive Board and Board of Directors to maintain close oversight and be responsive, including assurance, that the organisations overall approach to financial management is enabling the Trust to deliver services that provide increasing value to patients and wider stakeholders.
Provide comprehensive advice and support to the Board of Directors on all matters pertaining to finance and budget management, annual accounts, income generation, general and capital expenditure, borrowing, cash liquidity, financial stability, financial risk and fraud, ensuring the Trusts balance sheet is professionally and appropriately managed.
Support the development of a culture of financial and contracting accountability, supporting those with budgetary responsibilities to be equipped to make the most effective use of resources, enabling the enhancement of the Trusts sustainability.
Fulfil the executive lead role for estates and facilities, ensuring that the Trusts estates portfolio, including capital and maintenance programmes, are aligned to the Trusts strategy, future health and care needs, and are pro-actively managed safely and cost-effectively within statutory requirements, including accommodating accessibility needs.
Fulfil the senior responsible officer role for the Trusts designation as an NHS New Hospitals Programme site, overseeing the delivery of the work programme to plan and build a new healthcare facility to replace the West Suffolk Hospital.
As part of the Fit and Proper Person Framework, the successful candidate will be required to complete the FPP test at the point of recruitment and then annually thereafter.
Person Specification
Qualifications
Essential
- Professional accounting qualification (e.g. ACA, ACCA, CIMA, CIPFA)
- Masters degree level qualification or equivalent experience
Desirable
- Further professional or management qualification
Knowledge and Experience
Essential
- Knowledge and understanding of current strategic issues in the NHS, including regulatory and financial frameworks
- Track record of delivering against a suite of financial / performance targets within a quality framework
- Full understanding and evidenced application of risk assessment, risk management and risk treatment planning methodologies
- Experience of overseeing large capital programmes and estates maintenance work
- At or near Board level financial leadership in a large / complex organisation
- Evidence of building, leading, motivating and inspiring successful and effective senior teams within a complex organisation, to achieve service development and transformation
Desirable
- Experience of leading financial recovery and transformation programmes across complex healthcare systems
Skills and Abilities
Essential
- Ability to think and act strategically and to articulate a clear sense of direction and vision to a wide audience
- Ability to engage and involve colleagues across disciplines (clinical and non-clinical) in the development of strategic issues and associated decision-making
- Leadership approach that promotes change and transformation, including impact of digital enablers and contributes to organisational financial sustainability
- Strong persuasive and influencing skills with the ability to present ideas and proposals effectively at Board level
- Ability to deal with conflict and achieve consensus in a balanced and open-minded way
- Ability to self-reflect, learn from feedback and demonstrate personal and professional integrity
- Strong decision-making skills with the ability to take decisions and make recommendations upon analysis of opinions
Person Specification
Qualifications
Essential
- Professional accounting qualification (e.g. ACA, ACCA, CIMA, CIPFA)
- Masters degree level qualification or equivalent experience
Desirable
- Further professional or management qualification
Knowledge and Experience
Essential
- Knowledge and understanding of current strategic issues in the NHS, including regulatory and financial frameworks
- Track record of delivering against a suite of financial / performance targets within a quality framework
- Full understanding and evidenced application of risk assessment, risk management and risk treatment planning methodologies
- Experience of overseeing large capital programmes and estates maintenance work
- At or near Board level financial leadership in a large / complex organisation
- Evidence of building, leading, motivating and inspiring successful and effective senior teams within a complex organisation, to achieve service development and transformation
Desirable
- Experience of leading financial recovery and transformation programmes across complex healthcare systems
Skills and Abilities
Essential
- Ability to think and act strategically and to articulate a clear sense of direction and vision to a wide audience
- Ability to engage and involve colleagues across disciplines (clinical and non-clinical) in the development of strategic issues and associated decision-making
- Leadership approach that promotes change and transformation, including impact of digital enablers and contributes to organisational financial sustainability
- Strong persuasive and influencing skills with the ability to present ideas and proposals effectively at Board level
- Ability to deal with conflict and achieve consensus in a balanced and open-minded way
- Ability to self-reflect, learn from feedback and demonstrate personal and professional integrity
- Strong decision-making skills with the ability to take decisions and make recommendations upon analysis of opinions
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.
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).
Additional information
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.
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).
