Deputy Chief Financial Officer - Strategy & Improvement

Deputy Chief Financial Officer - Strategy & Improvement

Main area: Finance
Grade: Executives / VSM
Contract: Permanent
Hours: Full time - 37.5 hours per week
Job ref: 213-CORP-

Employer: King's College Hospital NHS Foundation Trust
Employer type: NHS
Site: Coldharbour Works Building
Town: London
Salary: £100,000 - £200,000 per annum inc HCA's
Salary period: Yearly
Closing: 05/01/:59
Interview date: 17/01/2025

King's College Hospital NHS Foundation Trust is one of the UK's largest and busiest teaching Trusts with a turnover of c£1.7 billion, 1.5 million patient contacts a year and more than 15,000 staff based across 5 main sites in South East London. The Trust provides a full range of local hospital services and specialist services from King's College Hospital (KCH).

Job overview

Are you a visionary financial leader with a passion for driving excellence? An exciting opportunity has arisen to join King's in a pivotal role as the Deputy Chief Finance Officer (Strategy and Improvement). This role will support the Chief Financial Officer (CFO) and Executive Team in developing and delivering the Trust's strategy and improving financial efficiency and performance.

The post holder will have corporate responsibility for the Financial Strategy & Planning team, which includes financial strategy and planning, continuous improvement, investments, capital, oversight of the cost improvement programme, legal, commercial and contract management.

As one of two nominated deputy CFOs, they will provide day-to-day leadership to the finance team and will be responsible to the CFO for delivery of the required financial support, challenge, and analysis. They will present financial and business information to large groups, including clinical and non-clinical colleagues from outside of finance, and work closely with the CFO to improve the financial performance and literacy of the Trust.

The post holder will also be expected to lead on a number of Trust-wide programmes of work to deliver benefits across the group.

Main duties of the job

Director of Financial Planning and Performance

• Responsible for the development of the Trust's financial strategy and plan; and financial oversight of the Trust's investments and cost improvement programme.
• Responsible for enabling continuous financial improvement, including delivering and embedding the Trust's financial governance improvement programme and financial skills development across the finance function and wider Trust.
• Ensure compliance with the Trust's financial standards of reporting, control, and conduct.
• Work with other directors in developing strategic partnership arrangements with key stakeholders and commissioners.
• Deputise for the Chief Finance Officer.

Working for our organisation

King's College Hospital NHS Foundation Trust is committed to delivering Sustainable Healthcare for All via our Green Plan. We encourage all staff to work responsibly, minimizing their contributions to the Trust's carbon emissions, waste, and pollution wherever possible.

Detailed job description and main responsibilities

The post holder will play a key role in developing and delivering the Trust's strategic objectives. They will also:

• Lead the development of the Trust's financial strategy, engaging with the wider Trust.
• Propose and develop changes to Trust policy.
• Apply commercial disciplines in assessing viability of investment proposals and ensure robust monitoring of performance.
• Ensure financial support for the development and delivery of efficiency savings/productivity plans.
• Ensure financial support for the development and delivery of the Trust's capital programme.
• Contribute to the broader strategic direction and corporate management of the hospital.
• Provide advice on finance issues and financial risk related to strategic options.

Person specification Qualifications

• Educated to degree level
• Expert knowledge of financial and accounting procedures, including current legislation and NHS accounting policies
• CCAB fully qualified / Professional chartered accountancy qualification
• Evidence of recent CPD including specialist training in NHS finance

Experience

• Post-qualification experience as a Director of Finance or Deputy CFO
• Experience across the healthcare sector
• Experience of the NHS planning process and Payment by Results
• Experience of financial turnaround situations
• Experience of restructuring and outsourcing back-office services

Skills

• Sound political judgment and ability to work with complex policy
• Highly developed influencing skills with senior health care professionals
• Experience of understanding complex transactions or commercial arrangements
• Demonstrable success in leading significant change programmes within finance

IMPORTANT

• Check your email account regularly for communication.
• If you delete the job from any of your accounts, you may be prevented from accessing further communications.
• To enquire about your application, please contact the named person on this advert.
• Please provide email addresses for referees where possible.
• Review the documentation on our recruitment microsite, particularly the Trust's criminal records checking policy.
• All staff have a responsibility for safeguarding children and vulnerable adults.