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Director of Strategic Finance

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University Hospitals of Derby and Burton NHS Foundation Trust

27d ago

  • Job
    Full-time
    Expert Level
  • Business, Operations & Strategy
    Banking & Finance
  • Derby

AI generated summary

  • You must have strong leadership, financial expertise, and excellent communication skills, with a proven ability to manage projects, drive change, and influence strategic direction.
  • You will lead finance teams, manage budgets, ensure financial integrity, support strategic planning, engage stakeholders, and drive transformation initiatives within the trust.

Requirements

  • The director of strategic finance is a senior leadership position responsible for delivering high-quality financial services to the trust, adhering to current professional accounting standards and ethical codes.
  • The post holder exercises significant autonomy and must maintain professional competence through ongoing development as outlined in their personal development plan.
  • Working closely with the director of operational finance, they manage a broad portfolio and are integral to the trust’s leadership team, offering strategic advice and influencing organisational direction.
  • A key focus is supporting the trust’s financial sustainability and corporate objectives, while leading and developing the finance team, promoting professional growth and talent management.
  • The role also involves contributing to strategy, improvement plans and change projects beyond their core remit, ensuring efficient resource use without compromising standards.
  • The director must demonstrate a proven ability to deliver results, manage multiple projects, drive change, and motivate teams. Strong engagement and communication skills are essential for promoting the financial agenda internally and across ICSS, building effective relationships with stakeholders.
  • The post holder provides leadership to finance, performance, and procurement teams.
  • Jointly responsible with the director of operational finance for maintaining the integrity of the general ledger and assuring the chief financial officer of accurate, standards-compliant financial reporting.
  • Ensure robust governance for finance and procurement within the Trust’s overall structure.
  • Lead on the Trust’s finance enabling strategy and support the long-term financial model, including preparing the annual plan for NHS and translating it into budgets.
  • Provide financial expertise for monitoring transformation and efficiency programmes, and work with strategy colleagues to encourage clinical and operational staff involvement in financial improvement.
  • Lead external contract negotiations and procurement, ensuring value and compliance with current procurement law, and manage the Trust’s relationship with its subsidiary.
  • Serve on the finance, investment and performance committee, deputise for the chief financial officer, and ensure high-performing, flexible finance, performance and procurement teams.
  • Participate in ICS work and support the trust director on-call rota.

Responsibilities

  • The post holder exercises significant autonomy and must maintain professional competence through ongoing development as outlined in their personal development plan.
  • Working closely with the director of operational finance, they manage a broad portfolio and are integral to the trust’s leadership team, offering strategic advice and influencing organisational direction.
  • A key focus is supporting the trust’s financial sustainability and corporate objectives, while leading and developing the finance team, promoting professional growth and talent management.
  • The role also involves contributing to strategy, improvement plans and change projects beyond their core remit, ensuring efficient resource use without compromising standards.
  • The director must demonstrate a proven ability to deliver results, manage multiple projects, drive change, and motivate teams.
  • Strong engagement and communication skills are essential for promoting the financial agenda internally and across ICSS, building effective relationships with stakeholders.
  • The post holder provides leadership to finance, performance, and procurement teams.
  • Jointly responsible with the director of operational finance for maintaining the integrity of the general ledger and assuring the chief financial officer of accurate, standards-compliant financial reporting.
  • Ensure robust governance for finance and procurement within the Trust’s overall structure.
  • Lead on the Trust’s finance enabling strategy and support the long-term financial model, including preparing the annual plan for NHS and translating it into budgets.
  • Provide financial expertise for monitoring transformation and efficiency programmes, and work with strategy colleagues to encourage clinical and operational staff involvement in financial improvement.
  • Lead external contract negotiations and procurement, ensuring value and compliance with current procurement law, and manage the Trust’s relationship with its subsidiary.
  • Serve on the finance, investment and performance committee, deputise for the chief financial officer, and ensure high-performing, flexible finance, performance and procurement teams.
  • Participate in ICS work and support the trust director on-call rota.
  • As a trusted organisation at the heart of our communities, we recognise the important role we can play in supporting the public, patients, our own people and local partners in achieving the best of health for the local population and the communities in which they live by providing exceptional care together.
  • Our fundamental values of compassion, openness and excellence underpin how we intend to work as a trust and the associated behaviours are becoming embedded in all aspects of how we work.

FAQs

What is the primary responsibility of the Director of Strategic Finance?

The primary responsibility is to deliver high-quality financial services to the trust while adhering to professional accounting standards and ethical codes.

How much autonomy does the Director of Strategic Finance have?

The post holder exercises significant autonomy in their role.

What teams will the Director of Strategic Finance lead?

The Director will provide leadership to the finance, performance, and procurement teams.

Who will the Director of Strategic Finance work closely with?

The Director will work closely with the Director of Operational Finance.

What is a key focus of the Director of Strategic Finance?

A key focus is supporting the trust’s financial sustainability and corporate objectives while leading and developing the finance team.

What type of skills are essential for the Director of Strategic Finance?

Strong engagement and communication skills are essential for promoting the financial agenda and building effective relationships with stakeholders.

What governance responsibilities does the Director of Strategic Finance have?

The Director must ensure robust governance for finance and procurement within the trust’s overall structure.

Will the Director be involved in contract negotiations?

Yes, the Director will lead external contract negotiations and procurement, ensuring value and compliance with procurement law.

What is the role of the Director in financial reporting?

The Director is jointly responsible for maintaining the integrity of the general ledger and assuring the Chief Financial Officer of accurate, standards-compliant financial reporting.

What development opportunities are offered to the Director of Strategic Finance?

Development opportunities include both professional and leadership development.

What is expected of the Director regarding transformation and efficiency programs?

The Director is expected to provide financial expertise for monitoring transformation and efficiency programs and encourage staff involvement in financial improvement.

How many operating theatres are within the Trust?

The Trust has more than 50 operating theatres, being one of only 7 trusts nationally with this number.

What additional support is available to staff?

Additional support includes an employee assistance program, discounted gym membership, onsite fitness classes, and car schemes.

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University Hospitals of Derby and Burton NHS Foundation Trust

#TeamUHDB

Science & Healthcare
Industry
10,001+
Employees
2018
Founded Year

Mission & Purpose

University Hospitals of Derby and Burton NHS Foundation Trust was formed on 1 April 2018 to bring together our five hospitals – in Derby, Burton, Lichfield and Tamworth – to provide the highest quality care to patients across southern Derbyshire and south east Staffordshire.  Our aim is to deliver outstanding care for local people as we bring together the expertise of our 12,000 staff across our five hospital sites.