Deputy Head of Finance - Transformation

Job description

Job responsibilities

1. The post holder will provide support to the Transformation and other strategic Programmes and deputise for the AD of Finance Transformation as required. This includes attending and contributing to monthly performance management meetings and providing relevant and high-quality information.

1. Provide expert advice to senior budget holders/managers over financial issues, persuading them to a certain course of action; support the AD of Finance Transformation to develop and deliver complex financial presentations and convey financial concepts, e.g., Transformation programme budgets, business cases to groups of senior non-finance managers.

1. To support with the Financial Transformation Infrastructure, working closely with the PMO arm of the Transformation team, to support a robust governance infrastructure. To support the development of Finance Transformation project management, to ensure robust development of financial improvement plans, monitoring and reporting of the financials related to all efficiency projects. To produce monthly reports for the Transformation Group with updates on financial impacts of transformation projects. Support the o-ordination of available performance monitoring information for the Transformation Programme

1. To support reporting for a robust in year and forecast year end position for the efficiency programme, reporting relevant financial information to the programme team, Divisional and Corporate teams and work streams. To ensure that all proposals for efficiency/productivity schemes are robust and that savings achieved are monitored and reported. To develop the use of financial analytics, including benchmarking and productivity analysis to support transformation programme impact monitoring and in the development of productivity improvement plans.

1. Responsible for the Transformation finance policy implementation and developments for the Trust. Support on the annual Efficiency Planning process ensuring this is aligned with the wider Trust policies and procedures.

1. Proactively developing appropriate financial management information systems that allow the Transformation / Strategic Programme to fully understand all aspects of Transformation related financial performance. To ensure the operation and communication of effective variance analysis and investigation of factors causing movements, influencing, and agreeing with managers the level of control action to be taken.

1. Advising the Transformation Programme team on the implications of financial strategy & policy. Proactively advising, influencing, and educating on all business and financial management issues within the context of delivering the Transformation Programmes quality and efficiency plans.

1. Support the provision of financial briefings to the Transformation Programme, attendance at senior management forums and performance management meetings as required, providing relevant and high-quality information.

1. Oversight and review of a portfolio of business cases relating to the Transformation programme, applying appropriate financial appraisal techniques to both capital and revenue issues (working closely with the senior members of the finance team). To advise on the allocation of resources and levels of risk inherent in business development decisions.

1. To identify own training and development needs and undertake appropriate training / education as required, supported by regular PDP.

1. To participate in Trust Committees and meetings as appropriate.

1. Hold a portfolio of projects that support the delivery of the Trust financial sustainability strategy with special attention to cross-directorate issues and workflows.

1. Support as required to monitor the progress of these projects ensuring colleagues in divisions/corporate functions are clear on what they need to account for and ensure resource utilisation is in place across the directorates and support the introduction of remedial steps where necessary.

1. Represent the Trust within the NHS and wider community and with partner organisations where required.

1. Work in partnership with clinical and operational colleagues to deliver on Trust objectives.

1. Undertake specific projects as required by the AD of Finance - Transformation.

1. Maintain and demonstrate awareness of new developments in the delivery of acute and community care across the NHS.

1. Generate high calibre Business Cases for consideration as and when required to help support achievement of efficiency targets.

1. Consistently deliver to agreed deadlines.

1. To be support projects prioritizing of available resources to deliver the highest standards of care and offering best value for money e.g., by delivering continuous service improvements or annual efficiency programmes, as set out by the Trust.

1. Use well developed leadership and influencing skills with the ability to enthuse, motivate and involve individuals and teams across the Trust, such that they understand and work to achieve the Trusts performance expectations.

1. Deploy well developed communication, negotiation and influencing skills to build and maintain excellent working relationships with a broad range of internal and external stakeholders driving and challenging each key working relationship to innovate and achieve reform in accordance with agreed objectives.

1. Deal with complex and conflicting subject matter problems or in day-to-day work including the management of potentially aggressive and / or antagonistic situations with staff and stakeholders involved in delivering projects.

1. Strive for optimum engagement from staff, colleagues, and stakeholders in order to deliver required change, aiming to secure appropriate buy in, support and understanding and effective flows of information.

1. Be able to work closely with Finance and Divisional colleagues to report on Transformation and efficiency, including forecasting.

1. To be able to describe to staff why financial sustainability is vital for the maintenance and improvement in clinical quality and patient experience.

1. To model a collaborative style of working, negotiating with others to achieve the best outcomes and embedding this approach in delivery of own service.

1. Support the design and development of complex financial information systems and models that meet the requirements of the Transformation agenda and can be used across the organisation. This includes improvements related to the information systems that supports the financial tracking of the efficiency programme.

1. Ensure that data used to support projects and project areas has the appropriate checks before being used and ensuring that data quality issues are fed back to the appropriate teams.

1. Communicate clearly what information requirements are required for projects and use analytical skills to articulate requirement.

1. Be able to extract information from other Trust information sources to aid projects/project areas after training (if required).

1. Any other ad hoc duties as directed by the AD Finance Transformation / Deputy Director of Finance.

Staff Management

1. To undertake Personal Development Reviews and Appraisals on all directly managed staff, setting clear objectives and measurable outcomes.

1. To participate in the recruitment, selection, and retention of staff.

1. To ensure staff receive annual mandatory training.

1. Will consider the most effective way to promote equality of opportunity and good working relationships in employment and service delivery and can take actions which support and promote this agenda.

1. Dedicate an average of 1 day per month to the training and development direct reports.
2. Will consider the most effective way to promote equality of opportunity and good working relationships in employment and service delivery and can take actions which support and promote this agenda.

Person Specification

Qualifications

Essential

• oHolds a recognised Professional Accountancy Qualification or equivalent experience. oDegree or equivalent oEvidence of CPD

Experience

Essential

• oCompetent to deputise for AD Finance - Transformation
• oPrevious experience as senior Finance Manager (including finance and non-finance input for projects / business cases)
• oAble to build rapport and credibility with senior clinical and managerial teams
• oPractical experience of NHS Finance at a senior level
• oStaff management

Desirable

• oExperience of a commercial role in a non-NHS setting
• oExperience of managing financial budgets or NHS income contracts above £50m
• oExperience of supporting multiple business cases of varying sizes)
• oEvidence of working across a range of stakeholders and emerging partners.
• oEvidence of being able to provide strong professional leadership
• oEvidence of effective team building
• oExperience of project/programme management

Skills

Essential

• oAbility to communicate highly complex, sensitive & contentious issues at all levels within the organisation and with external stakeholders
• oInterpersonal skills including the ability to influence at all levels and to negotiation effectively
• oFinancial Modelling & analytical skills
• oAdvanced user of spreadsheet and business planning applications
• oProject management skills
• oStrategic thinker
• oAbility to set and meet clear objectives and delegate appropriately
• oTime management and organisational skills to meet challenging deadlines, also used in planning the work priorities for self and others
• oAbility to make difficult decisions and to quantify and take risks
• oAbility to draft complex reports/presentations used at a variety of levels
• oStrong leadership skills
• oFlexibility and the ability to handle a rapidly changing and ambiguous environment

Desirable

• oAbility to use complex activity information systems
• oPolitical awareness, displaying a clear understanding of the implications of both national and local agendas and how they can be managed
• oAcute Trust experience
• oEvidence of being able to provide strong professional leadership
• oEvidence of effective team building
• oEvidence of working across a range of stakeholders and emerging partners.
• oChange management skills

Knowledge

Essential

• oStrong knowledge of Business Planning and Forecasting
• oStrong knowledge of Management Accounting
• oWorking knowledge of costing systems
• oExpert knowledge of Financial Accounting principals
• oStrong knowledge of Procurement Rules
• oA good understanding of the strategic direction of the NHS and its constituent bodies

Desirable

• oA broad understanding of financial issues within the NHS
• oA good understanding of activity flows within a hospital and between a hospital and Community, primary care, and local authority.
• oKnowledge of project/programme management

Other

Essential

• oLeadership qualities
• oCommercial awareness
• oSelf Confidence
• oTeam player
• oFlexible
• oCustomer focused
• oProactive & Assertive
• oInnovative

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.

Employer details

Employer name

Kingston Hospital NHS Foundation Trust

Address

Kingston Hospital

Kingston Upon Thames

KT2 7QB

Employer's website

https://kingstonhospital.nhs.uk/work-for-us/ (Opens in a new tab)