Head Strategic Finance
Posted 5 days ago by University Hospitals Sussex NHS Foundation Trust
Permanent
Full Time
University and College Jobs
Sussex, Worthing, United Kingdom, BN111
Job Description
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Employer 279 University Hospitals Sussex NHS Foundation Trust Employer type NHS Site Worthing Hospital Town Worthing, West Sussex Salary £76,965 - £88,682 Per Annum, pro rata Salary period Yearly Closing 22/09/:59
About our Trust
At UHSussex we're proud to be at the heart of the NHS. As one of the UK's largest acute Trusts, we're a leading example of the excellence, the ambition and the values that have embodied the NHS for over 70 years.
Our hard-working, talented and dedicated people work together towards a common goal - to always put our Patient First. In fact our mission is summed up by our 'where better never stops' motto and you will play a part in driving us forwards and in improving the lives of patients across Sussex.
At UHSussex, diversity is our strength, and we want you to feel included to help us always put the Patient First. Your uniqueness and experiences will be part of our creative and innovative community where everyone is encouraged to succeed. We have a range of Staff Networks to help break down barriers, and can offer a buddy to help new members settle in. We're proud to be a Disability Confident Employer (Level 2) and a Veteran Aware Trust.
We treat our patients and staff with the same compassion and empathy we expect for ourselves. We're here for them when they need us, and we go above and beyond to meet their needs. This is reflected in our Wellbeing Programme for staff which is extensive and designed to support you when you need it, including where possible, flexible working to support work life balance - because we know that to look after others we must first look after ourselves.
As a university trust and a leader in healthcare research, we value learning, teaching and training so that we can be the best that we can be. From the moment you start with us and throughout your career we will help you to grow and develop. We hope that in choosing UHSussex you are choosing a long and happy career where you will be able to see the difference you make and feel valued for all that you do.
As part of our commitment to access for all, please see the different ways you can access the application form:
We look forward to receiving your application and the start of your journey with UHSussex.
Job overview The post holder is responsible for supporting delivery of strategic financial planning including developing and maintaining the Trust's medium and long-term finance models and for supporting significant Trust-wide business developments/cases/transactions.
Reporting directly to the Assistant Director of Finance - Strategic Finance, the post holder will be a key member of the Finance Team and support the Assistant Director in ensuring the impacts of changes in the NHS financial operating environment are understood and modelled, risks identified and analysed and use of resources is understood and maximised.
The postholder will deputise for the Assistant Director of Finance - Strategic Finance, as appropriate, providing leadership and demonstrating expert accounting and business knowledge, analytical support and clear presentation of complex financial and other information to clinical and non-clinical colleagues. They will constructively and positively challenge all aspects of the financial and business performance of the Trust and local ICS.
Main duties of the job This role will:
We treat our patients and staff with the same compassion and empathy we expect for ourselves. We're here for them when they need us, and we go above and beyond to meet their needs. This can be seen in our candidate information pack and wellbeing programme for staff which is extensive and designed to support you when you need it, including where possible, flexible working to support work life balance - because we know that to look after others we must first look after ourselves.
As a university trust and a leader in healthcare research, we value learning, teaching and training so that we can be the best that we can be. From the moment you start with us and throughout your career we will help you to grow and develop. We hope that in choosing UHSx you are choosing a long and happy career where you will be able to see the difference you make and feel valued for all that you do.
We look forward to receiving your application and the start of your journey with UHSx.
Detailed job description and main responsibilities Financial Strategy and Planning
1. Lead the financial development and delivery of the medium to long-term financial strategy. The post holder will work with highly complex data, facts and situations requiring analysis, interpretations and comparisons on a range of options and recommending decisions on the most appropriate approach.
2. Development, implementation and maintenance of a strategic finance model, which will enable and support the formulation of medium and long-term financial planning, scenario modelling and sensitivity analysis.
3. Identification and analysis of the consequences of risks of service changes and national financial and other policy developments.
4. To develop and maintain medium and long-term financial models and business plans covering three and five year financial periods to ensure the financial viability of the Trust, taking account of the changing financial regime and areas of uncertainty of income and expenditure. The plans should reflect the triangulation of activity, workforce and financial principles, be aligned to the strategy and vision of the Trust and set the annual parameters of planning and budget production.
Strategic Developments, Transactions and Trust-wide Business Cases
1. Provide expert financial support to the development and presentation of strategic developments and significant business cases (include Five Case Model) where all objectives will be a consideration e.g. joint ventures, subsidiaries, ICS and network collaborations, acquisitions, commercial/income generative schemes, productivity improvements, transformation schemes and service improvements.
2. This will include providing appropriate financial, technical, environmental and organisational information to inform the process and ensuring projects are appropriately resourced; as well as challenging and verifying financial assumptions being made in the Trust and the local health economy to ensure that plans are made on a robust financial basis that maximise value for money (financial appraisal and due diligence).
3. Supports and influences decision making by providing expert financial information in support of future significant financial transactions, advising on the financial implications.
Governance
1. Support the review and maintenance of the Standing Financial Instructions and internal financial control procedures to ensure these operate as designed and provide appropriate levels of assurance on accuracy, completeness and anti-fraud measures.
2. In conjunction with Internal Audit conduct reviews to ensure that the financial control environment is operating effectively and that information is shared with the Audit Committee for assurance purposes.
3. Ensure that operational and strategic financial risks are identified and properly assessed so that adequate arrangements for managing them can be implemented.
Communication
1. The post holder will be required to write high quality papers on all financial accounting, reporting and related issues; with appropriate consideration of purpose, background, guidance i.e. relevant accounting standards, laws and regulations, policies, materiality, analysis, risk, conclusions/recommendations.
2. The post holder will be required to present highly complex and highly sensitive financial information to large audiences of varying experience, disciplines and seniority. At times this will involve delivering difficult messages and contentious information where there may be significant barriers to acceptance.
3. Attend Group, Committee and Board meetings, as required providing responses, both written and verbal, on financial performance issues. This will often include complex issues, which are open to interpretation.
4. Support building effective relationships across providers, commissioners and systems for the region.
5. Represent the Trust and its interests at ICS, regional/national and public meetings/events as required, acting independently, decisively and effectively in sensitive and political situations.
Service Delivery and Improvement
1. Maintain an up to date, in depth specialist knowledge - theory and experience - of financial and accounting procedures . click apply for full job details
Employer 279 University Hospitals Sussex NHS Foundation Trust Employer type NHS Site Worthing Hospital Town Worthing, West Sussex Salary £76,965 - £88,682 Per Annum, pro rata Salary period Yearly Closing 22/09/:59
About our Trust
At UHSussex we're proud to be at the heart of the NHS. As one of the UK's largest acute Trusts, we're a leading example of the excellence, the ambition and the values that have embodied the NHS for over 70 years.
Our hard-working, talented and dedicated people work together towards a common goal - to always put our Patient First. In fact our mission is summed up by our 'where better never stops' motto and you will play a part in driving us forwards and in improving the lives of patients across Sussex.
At UHSussex, diversity is our strength, and we want you to feel included to help us always put the Patient First. Your uniqueness and experiences will be part of our creative and innovative community where everyone is encouraged to succeed. We have a range of Staff Networks to help break down barriers, and can offer a buddy to help new members settle in. We're proud to be a Disability Confident Employer (Level 2) and a Veteran Aware Trust.
We treat our patients and staff with the same compassion and empathy we expect for ourselves. We're here for them when they need us, and we go above and beyond to meet their needs. This is reflected in our Wellbeing Programme for staff which is extensive and designed to support you when you need it, including where possible, flexible working to support work life balance - because we know that to look after others we must first look after ourselves.
As a university trust and a leader in healthcare research, we value learning, teaching and training so that we can be the best that we can be. From the moment you start with us and throughout your career we will help you to grow and develop. We hope that in choosing UHSussex you are choosing a long and happy career where you will be able to see the difference you make and feel valued for all that you do.
As part of our commitment to access for all, please see the different ways you can access the application form:
We look forward to receiving your application and the start of your journey with UHSussex.
Job overview The post holder is responsible for supporting delivery of strategic financial planning including developing and maintaining the Trust's medium and long-term finance models and for supporting significant Trust-wide business developments/cases/transactions.
Reporting directly to the Assistant Director of Finance - Strategic Finance, the post holder will be a key member of the Finance Team and support the Assistant Director in ensuring the impacts of changes in the NHS financial operating environment are understood and modelled, risks identified and analysed and use of resources is understood and maximised.
The postholder will deputise for the Assistant Director of Finance - Strategic Finance, as appropriate, providing leadership and demonstrating expert accounting and business knowledge, analytical support and clear presentation of complex financial and other information to clinical and non-clinical colleagues. They will constructively and positively challenge all aspects of the financial and business performance of the Trust and local ICS.
Main duties of the job This role will:
- Support and influence strategic, clinical, operational and commercial decision making;
- Interpret, explain and drive financial planning assumptions and reporting;
- Advise on application of medium-/longer-term planning assumptions, external and internal context, and commercial opportunities;
- Analyse, advise on and mitigate future financial risk in the organisation.
We treat our patients and staff with the same compassion and empathy we expect for ourselves. We're here for them when they need us, and we go above and beyond to meet their needs. This can be seen in our candidate information pack and wellbeing programme for staff which is extensive and designed to support you when you need it, including where possible, flexible working to support work life balance - because we know that to look after others we must first look after ourselves.
As a university trust and a leader in healthcare research, we value learning, teaching and training so that we can be the best that we can be. From the moment you start with us and throughout your career we will help you to grow and develop. We hope that in choosing UHSx you are choosing a long and happy career where you will be able to see the difference you make and feel valued for all that you do.
We look forward to receiving your application and the start of your journey with UHSx.
Detailed job description and main responsibilities Financial Strategy and Planning
1. Lead the financial development and delivery of the medium to long-term financial strategy. The post holder will work with highly complex data, facts and situations requiring analysis, interpretations and comparisons on a range of options and recommending decisions on the most appropriate approach.
2. Development, implementation and maintenance of a strategic finance model, which will enable and support the formulation of medium and long-term financial planning, scenario modelling and sensitivity analysis.
3. Identification and analysis of the consequences of risks of service changes and national financial and other policy developments.
4. To develop and maintain medium and long-term financial models and business plans covering three and five year financial periods to ensure the financial viability of the Trust, taking account of the changing financial regime and areas of uncertainty of income and expenditure. The plans should reflect the triangulation of activity, workforce and financial principles, be aligned to the strategy and vision of the Trust and set the annual parameters of planning and budget production.
Strategic Developments, Transactions and Trust-wide Business Cases
1. Provide expert financial support to the development and presentation of strategic developments and significant business cases (include Five Case Model) where all objectives will be a consideration e.g. joint ventures, subsidiaries, ICS and network collaborations, acquisitions, commercial/income generative schemes, productivity improvements, transformation schemes and service improvements.
2. This will include providing appropriate financial, technical, environmental and organisational information to inform the process and ensuring projects are appropriately resourced; as well as challenging and verifying financial assumptions being made in the Trust and the local health economy to ensure that plans are made on a robust financial basis that maximise value for money (financial appraisal and due diligence).
3. Supports and influences decision making by providing expert financial information in support of future significant financial transactions, advising on the financial implications.
Governance
1. Support the review and maintenance of the Standing Financial Instructions and internal financial control procedures to ensure these operate as designed and provide appropriate levels of assurance on accuracy, completeness and anti-fraud measures.
2. In conjunction with Internal Audit conduct reviews to ensure that the financial control environment is operating effectively and that information is shared with the Audit Committee for assurance purposes.
3. Ensure that operational and strategic financial risks are identified and properly assessed so that adequate arrangements for managing them can be implemented.
Communication
1. The post holder will be required to write high quality papers on all financial accounting, reporting and related issues; with appropriate consideration of purpose, background, guidance i.e. relevant accounting standards, laws and regulations, policies, materiality, analysis, risk, conclusions/recommendations.
2. The post holder will be required to present highly complex and highly sensitive financial information to large audiences of varying experience, disciplines and seniority. At times this will involve delivering difficult messages and contentious information where there may be significant barriers to acceptance.
3. Attend Group, Committee and Board meetings, as required providing responses, both written and verbal, on financial performance issues. This will often include complex issues, which are open to interpretation.
4. Support building effective relationships across providers, commissioners and systems for the region.
5. Represent the Trust and its interests at ICS, regional/national and public meetings/events as required, acting independently, decisively and effectively in sensitive and political situations.
Service Delivery and Improvement
1. Maintain an up to date, in depth specialist knowledge - theory and experience - of financial and accounting procedures . click apply for full job details