Finance Lead - Major Projects

James Paget University Hospitals NHS Foundation Trust

This job is now closed

Job summary

At James Paget University Hospitals NHS Foundation Trust, we are embarking on a once in a generation journey to transform healthcare. As the Finance Lead for major projects, you'll play a central role in an unparalleled opportunity to be part of a team that will be igniting a new era of healthcare excellence and improved outcomes. The New Hospital Programme and EPR projects are being delivered in a time of significant change within the Trust and wider Integrated Care System.

The principal role of the Finance Lead is to oversee the financial management and accounting service for all aspects of the two capital programmes. This role will be part of the Project Management Office for the Acute Hospital Collaborative' Electronic Patient Records (EPR) programme and will work across the three main Acute Trusts within the Partnership; The Norfolk and Norwich University Hospital, the James Paget University Hospital and the Queen Elizabeth Hospital King's Lynn. The post will be based at the James Paget University Hospitals NHS Foundation Trust, with hybrid working and occasional travel mostly within the ICS locality.

The post holder will be pivotal in supporting the delivery of the New Hospital Programme. The post holder will be expected to align to the Trust's change, project, and programme management approach with regard to delivery.

Please note, previous applicants need not apply.

Main duties of the job

The post holder will work closely with members of the EPR Project as well as Department Leads across the three Acute Trusts in order to support the financial aspects of the EPR Programme, as well as working closely with members of the programme team and other stakeholders across the Trust in order to support the financial aspects of the NHP Programme.

The post holder will provide strategic financial support and assurance on future iterations of the EPR budget , utilising a suitable fit for purpose change request process to provide assurance that spending commitments remain within financial envelope, as well as providing financial support and analysis as required for the development on future iterations of the NHP business case (SOC, OBC and FBC).

About us

We want to attract the best and brightest people to work with us and that means we will look after you from the moment you apply for a role at the Trust and throughout your career with us. Our staff are central to everything we do, and we believe that investing in you is crucial if we want to enable you to reach your full potential.

Date posted

07 January 2025

Pay scheme

Agenda for change

Band

Band 8c

Salary

£74,290 to £85,601 a year per annum

Contract

Fixed term

Duration

2 years

Working pattern

Full-time

Reference number

177-CORP-6912290

Job locations

James Paget University Hospital

Lowestoft Road

Gorleston

NR31 6LA

Job description

Job responsibilities

Activities - NHP

Conduct financial and cost modelling for business case, gathering inputs from BAU finance roles to assess project viability, budget allocation and financial implications.

Define and execute the financial strategies aligned with project objectives to ensure the project is financially feasible and adheres to the appropriate guidelines.

Develop the financial case as an integral component of the business case and articulate the projects financial rational and benefits.

Oversee the project budget, monitor expenditures and ensure accurate financial tracking throughout the schemes development lifecycle to comply with Trust and NHP reporting exercises.

Manage project finances, aligning capital investments and cash flows to optimise resource allocation and ensure financial sustainability.

Engage with NHP Finance Business Partners and Cost and Commercial Services to ensure financial control is effectively applied with appropriate due diligence performed and governance route taken for any funding released or contingency drawn down.

Analyse financial performance metrics, identify areas for improvement and implement strategies to optimise financial outcomes.

Provide corporate finance support to the project team to help them in making appropriate financial decisions and allocating resources.

Provide consistent, accurate, robust, timely and relevant financial monitoring, forecasts and value-added analysis to support better management of resources and more effective decision making. Ensure there is a shared understanding of forecast cost and risks across NHP, Regional Finance Leads and the Trust.

Prepare regular financial reports and presentations for project leadership and key stakeholders, including the Head of Scheme Engagement.

Activities EPR

To work closely with members of the Programme Management Office and members of the EPR Programme Board to support delivery of the financial aspects of the EPR Programme.

Provide line management support to the EPR Programme Accountant ensuring the day-to-day financial monitoring and reporting of the EPR Programme is in place and effective.

To deputise for the JPUH Chief Finance Officer as required to cover in capacity as Commercial and Finance Workstream lead, including as required attendance at Programme Steering Group meetings and the EPR Programme Board.

To ensure financial governance arrangements are in place in line with best practice, including robust change request processes, monitoring and reporting of financial performance, and the management and reporting of financial and other risks.

To work closely with colleagues from the programme to ensure a rigorous approach to benefits realisation to ensure financial sustainability in accordance with the approved Full Business Case.

To work with and have oversight of the complex procurement caseload, and escalate procurement risks to the Steering Group and Programme Board as necessary.

To work with and have oversight of the contract management arrangements in place as necessary for large scale contract delivery across multiple organisations, escalating the financial impact of contract management risks to the Steering Group and Programme Board as necessary.

To be a primary point of contact for financial discussions with NHS Frontline Digital, including performance reporting and complying with regulatory requirements to ensure timely drawdown of funding allocations.

Provide finance support to the programme team to help them in making appropriate financial decisions and allocating resources.