Head of Finance

Posting date:	04 June 2025
Salary:	£74,290.00 to £85,601.00 per year
Additional salary information:	£74290.00 - £85601.00 a year
Hours:	Full time
Closing date:	29 June 2025
Location:	Nottingham, NG5 1PB
Company:	NHS Jobs
Job type:	Permanent
Job reference:	C9164-25-1158

Summary

Strategic Responsibilities Provision of financial and commercial advice and insights to achieve the strategic and operational goals of the Care Group, Corporate areas and wider Trust. Provision of advice, guidance and support to business leaders and clinicians, enabling and influencing decision-making to achieve optimal performance Identification of issues to be addressed by the Board, Executive Team or Care Group/Corporate Group Ensure advice is consistent across the financial management department ensuring shared learning and development of a one trust approach. Work in collaboration with the Financial Management department to continuously identify and improve the effectiveness of accounting systems and financial reporting contributing to the services financial sustainability plan and developing efficiencies, consistency and centralisation of processes where appropriate When necessary deputise for the Assistant Director of Finance on financial management matters Financial Management To have overall responsibility for all aspects of financial management within the allocated Care Group / corporate area in conjunction with the Associate Head of Financial Management. Review and approve for distribution the monthly performance reporting packs for the Care Group and corporate areas Provide financial advice and support to the Executive team and senior management within the Trust translating complex and technical financial issues into meaningful management information. Monitor non-financial performance indicators (e.g. length of stay, theatre utilisation) to identify areas where the use of resources can be improved. Work with operational managers and clinicians to improve productivity and demonstrate the impact of this on financial performance. Where performance differs from plan, develop recovery measures in consultation with Care Group and corporate areas leadership. Contribute to the evolution and development of Care Group reporting, in collaboration with the Associate Head of Financial Management. Improving Value Work with the care group and corporate senior management, to develop efficiency schemes in accordance with overall trust and national requirements, identifying opportunities and provides financial, support, advice and direction. Ensure there are robust, credible and effective short-, medium- and long-term plans in place to deliver the service improvement programme, and that appropriate resources are available to support delivery of the programme. Assess, monitor and review the delivery of efficiencies and associated financial benefits, working with Care Group and corporate areas to address any issues. Ensure that the financial content is developed for PIDs for schemes that will be taken forward. Promote and maximise the use of PLICS to identify and develop transformational efficiencies. Planning, budgeting and forecasting Lead on the provision of finance/business planning advice in relation to strategic planning, service redesign/modernisation proposals and new business for their specific Care Group or Corporate Group. Lead on the annual budget setting process for the Care Group and corporate area, including the setting of objectives to achieve key performance targets in order to meet the Trusts business and financial objectives. Identify, co-ordinate and quantify Service Developments, Cost Pressures, Improving Value Programmes and Capital Bids to support the annual objectives. Ensuring deadlines set by the Associate Head of Financial Management are met and can be incorporated by the reporting team. Review and approve amendments to budgets, including any amendments to the next year base budget. Ensure that financial forecasting is robust and provides effective early warning to the Care Group and Corporate area of potential future problems and enabling financial risks to be effectively managed. Where forecast out-turn deviates from plan, lead the process of preparing a financial recovery plan. Ensure budgets are approved and signed off before the start of the financial year. Business Cases To take overall responsibility for the financial element in business cases, to coordinate input and sign off any detail to enable sign-off from the Care Group and corporate area in the development of the case. Ensure the financial elements reflect the case and meet the required quality standard set for the Financial Management function. Lead review of the accuracy of financial analysis and triangulation of highly complex data from a variety of sources. Ensure the application of recognised investment appraisal techniques to facilitate decision making and ensure that developments withstand robust financial scrutiny. Present business cases alongside operational colleagues to the relevant approval groups on the financial consequences of different options. Lead training sessions for finance and non-finance staff on financial issues, including e-learning and the Trust finance training courses, ensuring consistency with the standards and training materials set for the Financial Management function Leadership/Management To provide senior management and leadership to the wider Financial Management Team including responsibility for staff development to enable them to perform to best of their abilities Assist the Head of Finance Financial Management to regularly review the workload/capacity in the department, where volume of work is unpredictable and externally driven, making judgements about how the work will be best managed. To assist in the review of staffing resources for the service in conjunction with the wider team and Trust strategic goals to ensure that longer term staffing needs, skills and personnel are built into the staff recruitment and retention strategy. Ensure that all managed staff meet their statutory and mandatory training and appraisal requirements, ensuring personal development plan are in place. Ensure that the service runs effectively during absence due to sickness or annual leave. To support team members when dealing with distressing information, signposting them to Occupational Health and wellbeing support available Effectively manage staff under Trust HR policies and procedures as required. Create a culture where staff feel empowered and accountable for service improvement at local level