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Head of Finance

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Nottingham University Hospitals NHS Trust

4d ago

  • Job
    Full-time
    Senior & Expert Level
  • Accounting & Tax
    Banking & Finance
  • Nottingham

AI generated summary

  • You must have a strong NHS track record, excellent financial leadership, ability to build relationships, and advise on complex business cases while managing financial plans and forecasts.
  • You will develop business partnerships, advise leadership on finance and strategy, oversee financial forecasts, and manage risk in plans.

Requirements

  • We are seeking candidates with an outstanding track record of success in the NHS or similar large complex organisations.
  • You will possess first class financial leadership and influencing skills with the ability to forge effective working relationships across a wide set of internal and external stakeholders.
  • You will be an exemplary ambassador for the Trust and Finance Department and have the political nous to support the Trusts interests across the system.
  • Be accountable and take responsibility for the development of true business partnering within their assigned care group and corporate areas.
  • To develop long-term productive relationship with the care group leadership and wider Financial Management department while acting as a trusted advisor, influencing strategic decision making for their responsible Care Group or Corporate Group.
  • Be required to provide advice to Care Group or Corporate Group Leadership Team and senior managers on complex business cases.
  • This will involve integrating with the senior management team of the care group, assisting in the production of annual financial plans, devising cost improvement programmes, monitoring against the plans in year, producing financial forecasts and recovery plans as required.
  • Be responsible for overseeing the preparation of robust forecasts to be agreed with the care group and corporate leadership.
  • Including developing the operational and strategic final plans and the identification of risks and mitigating actions within such plans.

Responsibilities

  • Be accountable and take responsibility for the development of true business partnering within their assigned care group and corporate areas. To develop long-term productive relationship with the care group leadership and wider Financial Management department while acting as a trusted advisor, influencing strategic decision making for their responsible Care Group or Corporate Group.
  • Be required to provide advice to Care Group or Corporate Group Leadership Team and senior managers on complex business cases. This will involve integrating with the senior management team of the care group, assisting in the production of annual financial plans, devising cost improvement programmes, monitoring against the plans in year, producing financial forecasts and recovery plans as required.
  • Be responsible for overseeing the preparation of robust forecasts to be agreed with the care group and corporate leadership. Including developing the operational and strategic final plans and the identification of risks and mitigating actions within such plans.

FAQs

What is the main focus of the Head of Finance role at Nottingham University Hospital NHS Trust?

The main focus of the Head of Finance role is to support the Trust in achieving its financial recovery plan by influencing and driving the strategic development of the Care Groups, ensuring effective decision making to meet strategic objectives for patient care while returning to a balanced budget.

What qualifications are required for the Head of Finance position?

Candidates should have an outstanding track record of success in the NHS or similar large complex organizations, with first-class financial leadership and influencing skills.

Who will the Head of Finance report to?

The Head of Finance will report to the Assistant Director of Finance – Financial Management.

What responsibilities will the Head of Finance have in terms of financial planning?

The Head of Finance will be responsible for producing annual financial plans, devising cost improvement programmes, monitoring against these plans, and providing robust forecasts that include risk identification and mitigating actions.

Is there an emphasis on diversity and inclusion in this role?

Yes, there is a strong emphasis on diversity and inclusion, with a particular welcome to applications from individuals who identify as Black, Asian and Minority Ethnic or Disabled.

Can candidates expect opportunities for personal development?

Yes, Nottingham University Hospital NHS Trust is committed to providing endless personal development opportunities to help turn a job into a career.

Who can I contact for further details or to arrange an informal visit?

For further details or to arrange an informal visit, you can contact Alex Ward, Assistant Director of Finance, Finance Management, via email at alex.ward22@nhs.net.

What is expected from the Head of Finance in terms of relationship-building?

The Head of Finance is expected to develop long-term productive relationships with Care Group leadership and the wider Financial Management department, acting as a trusted advisor for strategic decision making.

What type of organization is Nottingham University Hospital NHS Trust?

Nottingham University Hospital NHS Trust is one of the biggest employers in the city, playing a central role in supporting the health and wellbeing of the local population, and actively engaging in research, education, and innovation.

How many staff does Nottingham University Hospital NHS Trust employ?

Nottingham University Hospital NHS Trust employs over 19,000 staff.

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Nottingham University Hospitals NHS Trust

We lead and support the NHS in England to deliver improved care for patients.

Science & Healthcare
Industry
10,001+
Employees
1948
Founded Year

Mission & Purpose

The NHS (National Health Service) provides comprehensive healthcare services across the United Kingdom, offering a range of medical care, from general practice to specialised treatments. Its ultimate mission is to ensure that all UK residents receive high-quality, accessible, and free healthcare at the point of use. The NHS aims to improve public health outcomes by delivering patient-centred care, advancing medical research, and promoting health and wellbeing across diverse communities. Its purpose is to offer equitable health services that support and enhance the lives of individuals, irrespective of their financial circumstances.