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Divisional Head of Finance

Employer
Cambridge University Hospital NHS Foundation Trust
Location
Cambridge
Salary
£70,417 to £81,138 a year p.a. pro rata
Closing date
14 Jul 2024

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Profession
Other Health Profession
Grade
Band 8C
Contract Type
Permanent
Hours
Full Time
Reporting to the Deputy Director of Finance the Divisional Head of Finance (DHF) is a key role within the finance department. You will work alongside the Divisional Director to provide overall leadership and direction to a Division which comprises of a range of clinical specialties and/or corporate support functions which typically have a combined revenue budget in excess of �200m with over 2,000 members of staff.

The Divisional Head of Finance will influence strategic decision making within the Trust through the provision of highly complex business and financial advice and support to the Executive Directors, Senior Operational Managers, Clinicians and Budget Managers across the Divisions.

You will be responsible for the direction, motivation and management of a team of Management Accountants and Analysts and provide professional oversight to deliver both the Divisional and the Trusts' corporate finance objectives. You will ensure a comprehensive and efficient service is provided at all times.

You will deputise for the Deputy Director of Finance across a range of strategic and operational issues as and when required.

Main duties of the job

The DHF will be responsible for all of the key functions within the Divisional finance team and supporting and leading on the continuous improvement of wider departmental policies and processes. These include the development of the Divisional annual and long term plans and leading on the detailed budget-setting process identifying financial risks and opportunities and overseeing the production of outturn forecasts. You will also act as the finance lead for the divisional productivity and efficiency programme and support the production of high quality and robust business cases enabling improvement across the Division.

On a monthly basis you will ensure the accurate and timely production of monthly finance and performance management information for the Divisional Management and Senior Finance Teams.

You will be responsible for directing, motivating and managing their team and will play a key role in developing their skills and those of the wider finance team.

About us

Our Trust

Cambridge University Hospitals (CUH) NHS Foundation Trust comprises Addenbrooke's Hospital and the Rosie Hospital in Cambridge. With over 13,000 staff and over 1100 beds the priorities of the Trust focus on a quality service which is all about people - patients, staff and partners. Recognised as providing 'outstanding' care to our patients and rated 'Good' overall by the Care Quality Commissioner, is testament to the skill and dedication of the people who work here. CUH's values - Together - Safe, Kind, Excellent - are at the heart of patient care, defining the way all staff work and behave. The Trust provides accessible high-quality healthcare for the local people of Cambridge, together with specialist services, dealing with rare or complex conditions for a regional, national and international population.

CUH is committed to promoting a diverse and inclusive community - a place where we can all be ourselves. We value our differences and fully advocate and support an inclusive working environment where every individual can fulfil their potential. We want to ensure our people are truly representative of all the communities that we serve. We welcome applications for all positions in the organisation irrespective of people's age, disability, ethnicity, race, nationality, gender identity, sex, sexual orientation, religion or belief, marriage and civil partnership status, or pregnancy and maternity status or social economic background.

Job description

Job responsibilities

Please see the attached Applicant Information Pack (combined Job Description and Person Specification) for key duties and responsibilities.

This vacancy will close at midnight on 14th July 2024

Interviews are due to be held on 29th July 2024

Benefits to you

We offer development opportunities and a wide range of benefits including on-site leisure facilities, shopping concourse, day nurseries and access to a great transport system with easy access to airports and rail travel.

Please note if you would like to discuss the required hours of this role further, you should approach the contact given. In some cases, alternative working hours will be considered.

We welcome applications from the Armed Forces.

Person Specification

Qualifications

Essential

  • Recognised Professional Accountancy Qualification (i.e. Fully Qualified member of CCAB) or equivalent experience
  • Degree or equivalent
  • Completion of evidenced ongoing Continuing Professional Development (CPD), in accordance with guidelines produced by the relevant Professional Accountancy Body


Desirable

  • Masters Qualification


Experience

Essential

  • Extensive experience of Financial Management including substantial post qualification experience operating at a strategic level.
  • Experience at working at strategic level, able to recognise direction and implications of policy
  • Extensive experience of the financial elements of business planning, the preparation of business cases and the practical application of investment appraisal techniques.
  • Experience of costing methodologies and their application


Desirable

  • Experience of working with external professional advisors
  • Experience of tariff pricing structures


Knowledge

Essential

  • Ability to negotiate effectively and maintain robust partnership relationships
  • Specialist, expert knowledge of specific NHS policies/procedure for example Payment by Results, Coding, Patient Choice, Foundation Trusts
  • Good working knowledge of and proven interest in the NHS including understanding of key targets and the performance management framework
  • Up to date, in depth knowledge of Financial and Management Accounting procedures including International Financial reporting Standards (IFRS)
  • Familiarity with relevant changes in clinical practice and the consequent impact on resource utilisation.


Skills

Essential

  • Excellent written communication skills including the ability to summarise highly complex financial issues into concise financial reports and prepare complex, multi -faceted business cases.
  • Good verbal communication and presentation skills including the ability to explain highly complex financial issues clearly and persuasively to non -financial staff and communicate sensitive or contentious information in order to influence decision making.
  • Awareness of organisational politics in order to keep healthcare professionals on board with key changes and resource management.
  • Flexibility to work autonomously with the skills to make decisions independently and delegate effectively
  • Proven ability to use own initiative, prioritise work to meet tight deadlines delegate appropriately and apply problem solving skills effectively.
  • Good understanding of operational issues and how organisational pressures affect broader resource utilisation.
  • Strong analytical skills including the ability to make sound judgements and decisions on highly complex issues to minimise financial risk in situations where there is a multiplicity of targets / A/I 9 objectives, imperfect information and no obvious precedent.
  • Ability to make judgements on financial risks where expert opinions may conflict is required.
  • Ability to remain calm and perform consistently in stressful situations.
  • Confidence to advise on certain courses of action/decisions which may have far - reaching and long -term strategic consequences for the Trust.


Additional Requirements

Essential

  • The ability to understand and behave at all times, towards patients, visitors and colleagues according to the Trust values of safe, kind, excellent.
  • Comprehensive IT skills including the use of Financial Systems / General Ledgers. Experience with Microsoft Office products/other software packages including the ability to design highly complex spreadsheets, reports and databases to manipulate and analyse technical data and convert it into an accessible, user -friendly format.


Employer details

Employer name

Cambridge University Hospital NHS Foundation Trust

Address

Addenbrookes Hospital-Division Corporate

Hills Road

Cambridge

CB2 0QQ

Any attachments will be accessible after you click to apply.

180-F-245268

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