Deputy Director of Finance
| Posting date: | 20 June 2025 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | Negotiable |
| Hours: | Full time |
| Closing date: | 27 June 2025 |
| Location: | London, SE6 4RU |
| Company: | NHS Jobs |
| Job type: | Contract |
| Job reference: | C9197-25-0602 |
Summary
Key Working Relationships Executive Directors Non-Executive Directors Site Triumvirates Clinical & Divisional Directors Consultant Medical Staff Senior Finance Team ICB Leads General Managers Matrons Heads of Service Corporate leads Internal & External auditors Local NHS organisations NHSE KEY RESULT AREAS Strategic Responsibilities Assess and implement the impact on NHS policy changes on the delivery of the strategic financial and contracting plans. Develop financial plans from complex data that will not be complete and require interpretation and high level of analytical skills to translate into meaningful information. Oversee the development of business cases from conception to authorisation and implementation for strategic projects and new business opportunities which would be of clinical and/or financial benefit to the Trust, and provide expert knowledge, challenge and rigour where appropriate. Forge positive internal and external working relationships, in order to support effective management approaches to achieve trust objectives. Provide financial leadership to the implementation of major change and transformation programmes to achieve desired benefits. The strategic financial implications of service transfers or redesigns and to manage the process of any funding transfers. This will involve the development of complex financial models to facilitate the manipulation of timely financial information to assist in the planning of service developments. Lead negotiations with external bodies, both NHS and non NHS, the strategic financial implications of service transfers or redesigns and to manage the process of funding transfers. Lead specific long term plans and projects to improve the quality and efficiency of services in line with Commissioners strategic intentions and Trust requirements. Ensure internal and external financial reporting is of a high standard with accurate and timely reporting of financial results. Operational Responsibilities Jointly lead a team of approximately 80 wte. The DDoF will provide strong leadership and maintain high levels of motivation and engagement. Lead on the production of timely financial information that meets the needs of the Trust Management Executive, Finance and Investment Committee and Trust Board. Ensure that reporting is incisive and identifies drivers and trends, plus remedial actions to respond to adverse trends. The use of a variety of presentational methods is expected and reporting information processes and outputs will be expected to be continuously improved. Lead on the process of providing commentaries to financial plans and regular monitoring reports to Trust Management Executive, Finance and Performance Committee, Trust Board and Regulators. Ensure that appropriate financial advice and challenge is available to Divisional and Directorate leadership teams, and that high levels of internal customer satisfaction are maintained. Be a visible champion of cost improvement programmes throughout the organisation, helping and enabling Directorates to produce and deliver local savings whiles contributing to shape Trust wide savings initiatives. Work closely to support the PMO in producing clear and accurate reporting of budgeted, actual and forecast CIPs. Take overall responsibility for the Trusts Reference Cost submission. Investigate differences between the Trusts costs and those of peers and the national average. Provide accurate information to the Clinical Directorates where costs exceed or are inferior to income. To ensure year on year improvement in the accuracy of the Trusts costing information. Lead on the development and roll out of Service Line Management to enable improvements in financial management and service delivery. To develop the information systems with a view delivering patient level costing information to provide the detail underpinning service line reporting. Lead on the design of SLR information within the Trust and the analysis and presentation of the information and trends to the Trust Management Executive, Finance and Investment Committee and Trust Board. Ensure the Trusts approach to costing is in line with best practice. Lead the production of the Trusts financial performance reports including supporting the completion of all internal and external financial returns. Monitor and assist in the development of Trust Recovery Plans by assessing and validating the financial implications of any service redesign proposals. Key link between the income, contracting and costing functions and clinical directorates and ensure they are kept informed of commissioner requirements throughout the contract negotiations. Facilitate directorate involvement in the contracts process to ensure clinical ownership of contract standards and targets. Ensure in particular that they have a sound knowledge of the structure of PbR and the relevance to their business proposals. Ensure that contract values are recorded and invoiced monthly, and that performance adjustments are reported on a regular basis. Responsible for ensuring that Commissioners fund activity overperformance. Assess action required for late and non payment, and respond to Commissioners on these issues. Initiate action at an appropriate level. Manage the financial evaluation of tenders for contracted out services by undertaking comprehensive financial analysis of the contractual documentation and make appropriate recommendations. Responsible for the comprehensive briefing of the Director of Finance, other members of the Board, Senior Management and commissioning leads as necessary on the financial and contractual status of the Trust in relation to commissioning agreements.