Job summary
The Trust is seeking to appoint a permanent Head of Financial Management role. The ideal candidate should be highly motivated, professionally qualified accountant, with excellent communication, organisational and people management skills. You will have significant experience in a financial environment, preferably within the NHS including senior roles.
This is a key role within the Directorate; the postholder will lead the financial management section in delivering a professional, high quality service within the Trust. You will play a lead role in the development of processes and controls to enable the accurate, efficient and effective monitoring and management of the Trust's financial position.
In office around 60% and 40% home/agile working per week after a period of settling in.
- Interview date Tuesday, 28 November 2023
- 37 Hours 30 Minutes/Week
- You will be redirected to Trac to apply for the vacancy. Please expand the job details section and read all of the information before applying for the vacancy.
Main duties of the job
The Head of Financial Management works as part of the central finance team, producing information in support of business decision making, budget setting and financial forecasting.
Excellent inter personal skills are essential as the postholder must have the ability to communicate complex financial issues. A logical and analytical approach to problem solving, having strong management and planning skills to co ordinate the workload of a large finance function and the ability to work to tight timetables and under pressure.
The postholder will be able to work independently whilst supporting the Assistant Finance Director.
About us
Newcastle Hospitals NHS Foundation Trust is one of the busiest, largest and most successful teaching NHS foundation trusts in the country, with over 18,000 staff and an annual income of £1 billion.
We have a long history of providing high quality care, clinical excellence, and innovation in medical research regionally, nationally and internationally.
We're also proud to be the second largest provider of specialised services in the country. This means we support people with a range of rare and complex medical, surgical and neurological conditions, cancers and genetic orders.
Our staff oversee around 1.84 million patients 'contacts' each year, delivering high standards of healthcare.
Please see attached information on what Staff Benefits we have to offer at our Trust.
We are committed to promoting equality and diversity and recognise the benefit in providing an inclusive environment. We value and respect the diversity of our employees and aim to recruit a workforce which reflects the communities we serve, and is equipped to deliver the best service to our patients. We welcome all applications irrespective of people's race, disability, gender, sexual orientation, religion or belief, age, gender identity, marriage and civil partnership, pregnancy and maternity and in particular those from under- represented groups.
Job description
Job responsibilities
- To provide professional finance support to Directorates, with particular reference to the Trusts Performance Management Framework.
- To engage with Clinical Board Director of Operations and Clinical Boards Chairs to develop strategic plans and drive through Directorate CIP efficiencies.
- To work closely with senior Trust Corporate and/or Directorate Management, providing timely and accurate information and advice to facilitate the effective monitoring and management of the Trusts financial position and to support the decision-making process.
- To effectively interact with Corporate Finance function, providing information and detail to refine the process.
- To evaluate and monitor the financial consequence of developments.
- To play a lead role in the development of financial awareness within the Trust.
- To ensure that financial controls are maintained within Corporate Governance guidelines.
- To support the Assistant Finance Director in PFI issues.
- To be the Senior financial representative on the Trusts Controls Assurance Framework Group to determine the adherence and contribute towards the effective management of this with the ICB and NHSE.
Please note it is a requirement of The Newcastle upon Tyne Hospitals NHS Foundation Trust that all successful candidates who require a DBS for the post they have been offered pay for their DBS certificate.The method of payment is a salary deduction from your first months pay.
As a flexible working friendly organisation, we want to be sure that you can work in a way that is best for us and for our patients, and for you. Speak to us about how we might be able to accommodate a flexible working arrangement. If it works for the service, we will do our best to make it work for you.
Job description
Job responsibilities
- To provide professional finance support to Directorates, with particular reference to the Trusts Performance Management Framework.
- To engage with Clinical Board Director of Operations and Clinical Boards Chairs to develop strategic plans and drive through Directorate CIP efficiencies.
- To work closely with senior Trust Corporate and/or Directorate Management, providing timely and accurate information and advice to facilitate the effective monitoring and management of the Trusts financial position and to support the decision-making process.
- To effectively interact with Corporate Finance function, providing information and detail to refine the process.
- To evaluate and monitor the financial consequence of developments.
- To play a lead role in the development of financial awareness within the Trust.
- To ensure that financial controls are maintained within Corporate Governance guidelines.
- To support the Assistant Finance Director in PFI issues.
- To be the Senior financial representative on the Trusts Controls Assurance Framework Group to determine the adherence and contribute towards the effective management of this with the ICB and NHSE.
Please note it is a requirement of The Newcastle upon Tyne Hospitals NHS Foundation Trust that all successful candidates who require a DBS for the post they have been offered pay for their DBS certificate.The method of payment is a salary deduction from your first months pay.
As a flexible working friendly organisation, we want to be sure that you can work in a way that is best for us and for our patients, and for you. Speak to us about how we might be able to accommodate a flexible working arrangement. If it works for the service, we will do our best to make it work for you.
Person Specification
Qualifications & Education
Essential
- A good level of education in a numerate subject and a professional accountancy qualification
- Significant post professional accountancy qualification experience in the finance department of a complex organisation, including staff management/supervisory responsibilities
Desirable
- ECDL or equivalent experience
Knowledge & Experience
Essential
- Expert and practical working knowledge of accounting standards, company law, taxation and various accounting techniques as pertaining to NHS finance is considered essential
- Evidence of continuing professional development (CPD) is essential
- Expert knowledge of financial accounting procedures, financial and other aspects of legislation and NHS finance policies
- Extensive experience and expertise in finance management. Strategic and staff leadership roles acquired through Professional Accountancy Qualifications or equivalent
- Demonstrable further specialist training and experience in the NHS, including Oracle, report writing and MS
- Knowledge of standard NHS financial management and performance management techniques
- Knowledge of PbR, contracting & income streams
- Knowledge of the standard organisation of clinical activities within an NHS Trust
Desirable
- Previous NHS finance experience at a senior level
- Experience of report writing
- Use of Business Objects report writing software
- Knowledge of Cedar e-financials
- Leadership & mentoring of finance staff
- Experience in working with the outputs of Patient Level Costing & Service Line Reporting systems
Skills & Abilities
Essential
- PC skills are required, especially in the use of financial planning tools and Microsoft Office
- Able to work as part of a team with non-financial staff from Clinical Board Chairs
- Computer literate, especially in the use of financial reporting tools and Microsoft office
Desirable
- Presentation skills/experience of public speaking
Person Specification
Qualifications & Education
Essential
- A good level of education in a numerate subject and a professional accountancy qualification
- Significant post professional accountancy qualification experience in the finance department of a complex organisation, including staff management/supervisory responsibilities
Desirable
- ECDL or equivalent experience
Knowledge & Experience
Essential
- Expert and practical working knowledge of accounting standards, company law, taxation and various accounting techniques as pertaining to NHS finance is considered essential
- Evidence of continuing professional development (CPD) is essential
- Expert knowledge of financial accounting procedures, financial and other aspects of legislation and NHS finance policies
- Extensive experience and expertise in finance management. Strategic and staff leadership roles acquired through Professional Accountancy Qualifications or equivalent
- Demonstrable further specialist training and experience in the NHS, including Oracle, report writing and MS
- Knowledge of standard NHS financial management and performance management techniques
- Knowledge of PbR, contracting & income streams
- Knowledge of the standard organisation of clinical activities within an NHS Trust
Desirable
- Previous NHS finance experience at a senior level
- Experience of report writing
- Use of Business Objects report writing software
- Knowledge of Cedar e-financials
- Leadership & mentoring of finance staff
- Experience in working with the outputs of Patient Level Costing & Service Line Reporting systems
Skills & Abilities
Essential
- PC skills are required, especially in the use of financial planning tools and Microsoft Office
- Able to work as part of a team with non-financial staff from Clinical Board Chairs
- Computer literate, especially in the use of financial reporting tools and Microsoft office
Desirable
- Presentation skills/experience of public speaking
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).
