Deputy Site Director of Finance - PRUH & South Sites

King's College Hospital NHS Foundation Trust

Information:

This job is now closed

Job summary

This is a new and exciting role in the Finance Team at King's and an opportunity to make a difference and further our financial services and capabilities. We are looking for a highly motivated, ambitious individual who wants to make an impact. The post holder will report to the Site Director of Finance at the PRUH and South Sites and will oversee business partnering for the four Care groups and five pan Trust Care groups managed by the site.

This is a great opportunity to lead the Site's Business Partnering team ensuring financial policies and procedures are met. You will act as the interface between Finance and Operations, ensuring budget holders are aware of the budget responsibilities and are getting sufficient information from across the finance function to execute them.

We encourage applications from people of all backgrounds and welcome applications from underrepresented groups.

Interviews will take place on either 28th November or 8th December.

Main duties of the job

This is a newly created post and the post holder will report directly to the Site Director of Finance at Princess Royal University Hospital (PRUH) and South Sites, predominantly responsible for service delivery across Princess Royal and Orpington Hospitals and King's services at Beckenham and Queen Mary's Sidcup. The post holder will oversee business partnering for the four PRUH and South Sites Care groups and five pan Trust Care groups managed by the site including Orthopaedics, Ophthalmology and Cancer Network.

The role is an interface between Finance and Operations, providing expert accounting and business knowledge, analytical support and clear presentation of financial and business information to clinical and non-clinical colleagues to drive sound financial decision-making.

It provides a significant opportunity to contribute to enhancing outcomes for the population of South East London, working together with partners such as One Bromley and the South East London Cancer Alliance. For example, the Trust has just embarked on a structured two year investment plan to further improve its cancer care.

The post holder will constructively and positively challenge all aspects of the site's financial and business performance.

About us

King's College Hospital NHS Foundation Trust is one of the UK's largest and busiest teaching Trusts with a turnover of c£1 billion, 1.5 million patient contacts a year and more than 15,000 staff based across South East London. The Trust provides a full range of local and specialist services across its five sites. The trust-wide strategy of Strong Roots, Global Reach is our Vision to be BOLD, Brilliant people, Outstanding care, Leaders in Research, Innovation and Education, Diversity, Equality and Inclusion at the heart of everything we do. By being person-centred, digitally-enabled, and focused on sustainability, we aim to take Team King's to another level.

We are at a pivotal point in our history and we require individuals who are ready to join a highly professional team and make a real, lasting difference to our patients and our people.

King's is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus. Everyone's contribution is required in order to meet the goals set out in our Green Plan and we encourage all staff to work responsibly, minimising their contributions to the Trust's carbon emissions, waste and pollution wherever possible.

Date posted

28 October 2022

Pay scheme

Agenda for change

Band

Band 8c

Salary

£72,241 to £82,451 a year per annum inc HCAS

Contract

Permanent

Working pattern

Full-time

Reference number

213-PRUH-4974

Job locations

Princess Royal University Hospital

Farnborough

BR6 8ND


Job description

Job responsibilities

Management Accounts and Business Partnering:

  • Responsible for provision of business partnering to care group portfolio, by:
    • Supporting and influencing operational and strategic decisions;
    • Interpreting, explaining and driving financial performance;
    • Advising on planning, business case development, external context, benchmarking and commercial opportunities;
    • Analysing, advising on and mitigating financial risk across the Site;
    • Challenging behaviour that disregards the Trusts financial principles, policies and procedures.
  • Responsible for developing relationships across the site and in particular with the care group management teams to enable the delivery of effective business partnering.
  • Responsible for advising and supporting Clinical Directors and managers to ensure they meet their financial obligations and responsibilities.
  • Responsible for analysing and agreeing a financial forecast at detail and summary levels, which build in the effect of all actions being taken across the sites care groups.
  • Leads the monthly review of their care groups financial performance at all levels within deadlines and makes recommendations to the Site Director of Finance on the actions to ensure trust performance meets targets, and is fully understood and agreed by the Site Executive.
  • Identifies and highlights quickly and appropriately any evidence of divergence from financial plans, targets or forecasts in the division and works with budget holders to develop mitigations to return performance in line.

CIPs and Transformation:

  • Works closely with the Trust PMO to identify, accurately cost, analyse, monitor and report on cost improvements plans (CIPs), savings schemes and Transformation projects.
  • Works closely with PMO and transformation colleagues to help managers identify, assess and analyse potential and current savings schemes in order to meet CIP targets.

Workforce and Establishment:

  • Works closely with HR colleagues to ensure that the Trusts system of establishment control is adhered to, and that the financial position and planning models accurately reflect the same information as ESR. Ensures that annual budgets and financial plans reflect divisional workforce plans.

Income and activity:

  • Leads the process of building care group understanding of the links between activity and income and ensures accurate reporting which agrees with divisional performance including remedial action where necessary.
  • Leads the process of identifying all revenue opportunities in the division, providing professional advice on pricing strategies.

Budgeting and Planning:

  • Supports the production, agreement and implementation of annual budgets across the division, in accordance with the agreed Trust timetable and procedures, including appropriate controls for sign-off against targets.
  • Responsible for ensuring that care groups understand and comply with their annual planning and budgeting responsibilities.
  • Responsible for summarising annual budgets at any point in time and communicating their care groups performance against budget targets.

Policies and Procedures:

  • Ensures that budgets, financial principles and policies are communicated and complied with across their care group portfolio in a consistent way.

Process Improvement:

  • Works closely with the Site and Group Finance Directors to implement continuous process review and improvement for the business partnering and financial management services, to ensure that:
    • Processes and procedures are up-to-date, relevant and efficient, minimising manual transactions, and delivering standardisation;
    • Financial systems are appropriate and efficient; and
    • Reporting solutions are cutting edge and effective.

People Management and Performance

  • Lead, coach and manage the performance of the team in line with good people management practices. Ensuring excellence is recognised and underperformance is addressed.
  • Participate in regular performance appraisal meetings and ensure each member of the team has a clear set of objectives and development plans.
  • Ensure the team is compliance with all statutory, mandatory training together with any professional training requirements, ensuring they are up to date and fully compliant.
  • Manage team absences including sickness in line with Trust policy ensuring the appropriate return to work meetings occur, e-roster is updated and productivity is at keep to the highest possible level.
  • Identify and fill any vacancies that arise within the team in line with the Trusts recruitment policy and process.
  • Identify talent and support the internal talent management process in order attract and retain and succession plan for your people.
  • Review skills mix at regular intervals in order to identify any potential opportunities to maximise resource utilisation / allocation, ensuring job descriptions are kept up to date.
  • Ensure overall wellbeing of the team is maintained. Continuously support in improving the morale of the team and implementing a culture of zero-tolerance for bullying and harassment.
  • To manage and develop the Finance function as part of the Senior Leadership Team, to develop a common sense of identity, priority and direction.

Other

  • To present financial and business information to a variety of stakeholder groups.
  • To undertake all mandatory training in line with Trust policies and procedures.
  • To take personal responsibility for own professional development.
  • To maintain own professional competence and credibility.
  • To adhere to relevant professional code at all times.
  • To assist in producing ad hoc reports and in project work.
  • To undertake any other duties requested as appropriate to the banding.
  • The post holder has a general duty of care for their own health, safety and wellbeing and that of work colleagues, visitors and patients within the hospital, in addition to any specific risk management or clinical governance accountabilities associated with this post.
  • To observe the rules, policies, procedures and standards of King's College Hospital NHS Foundation Trust together with all relevant statutory and professional obligations.
  • To live and role model the Kings Values of:
  • We show compassion and understanding and bring a positive attitude to our work;
  • We promote equality, are inclusive and honest, speaking up when needed;
  • We support each other, communicate openly, and are reassuringly professional.

Job description

Job responsibilities

Management Accounts and Business Partnering:

  • Responsible for provision of business partnering to care group portfolio, by:
    • Supporting and influencing operational and strategic decisions;
    • Interpreting, explaining and driving financial performance;
    • Advising on planning, business case development, external context, benchmarking and commercial opportunities;
    • Analysing, advising on and mitigating financial risk across the Site;
    • Challenging behaviour that disregards the Trusts financial principles, policies and procedures.
  • Responsible for developing relationships across the site and in particular with the care group management teams to enable the delivery of effective business partnering.
  • Responsible for advising and supporting Clinical Directors and managers to ensure they meet their financial obligations and responsibilities.
  • Responsible for analysing and agreeing a financial forecast at detail and summary levels, which build in the effect of all actions being taken across the sites care groups.
  • Leads the monthly review of their care groups financial performance at all levels within deadlines and makes recommendations to the Site Director of Finance on the actions to ensure trust performance meets targets, and is fully understood and agreed by the Site Executive.
  • Identifies and highlights quickly and appropriately any evidence of divergence from financial plans, targets or forecasts in the division and works with budget holders to develop mitigations to return performance in line.

CIPs and Transformation:

  • Works closely with the Trust PMO to identify, accurately cost, analyse, monitor and report on cost improvements plans (CIPs), savings schemes and Transformation projects.
  • Works closely with PMO and transformation colleagues to help managers identify, assess and analyse potential and current savings schemes in order to meet CIP targets.

Workforce and Establishment:

  • Works closely with HR colleagues to ensure that the Trusts system of establishment control is adhered to, and that the financial position and planning models accurately reflect the same information as ESR. Ensures that annual budgets and financial plans reflect divisional workforce plans.

Income and activity:

  • Leads the process of building care group understanding of the links between activity and income and ensures accurate reporting which agrees with divisional performance including remedial action where necessary.
  • Leads the process of identifying all revenue opportunities in the division, providing professional advice on pricing strategies.

Budgeting and Planning:

  • Supports the production, agreement and implementation of annual budgets across the division, in accordance with the agreed Trust timetable and procedures, including appropriate controls for sign-off against targets.
  • Responsible for ensuring that care groups understand and comply with their annual planning and budgeting responsibilities.
  • Responsible for summarising annual budgets at any point in time and communicating their care groups performance against budget targets.

Policies and Procedures:

  • Ensures that budgets, financial principles and policies are communicated and complied with across their care group portfolio in a consistent way.

Process Improvement:

  • Works closely with the Site and Group Finance Directors to implement continuous process review and improvement for the business partnering and financial management services, to ensure that:
    • Processes and procedures are up-to-date, relevant and efficient, minimising manual transactions, and delivering standardisation;
    • Financial systems are appropriate and efficient; and
    • Reporting solutions are cutting edge and effective.

People Management and Performance

  • Lead, coach and manage the performance of the team in line with good people management practices. Ensuring excellence is recognised and underperformance is addressed.
  • Participate in regular performance appraisal meetings and ensure each member of the team has a clear set of objectives and development plans.
  • Ensure the team is compliance with all statutory, mandatory training together with any professional training requirements, ensuring they are up to date and fully compliant.
  • Manage team absences including sickness in line with Trust policy ensuring the appropriate return to work meetings occur, e-roster is updated and productivity is at keep to the highest possible level.
  • Identify and fill any vacancies that arise within the team in line with the Trusts recruitment policy and process.
  • Identify talent and support the internal talent management process in order attract and retain and succession plan for your people.
  • Review skills mix at regular intervals in order to identify any potential opportunities to maximise resource utilisation / allocation, ensuring job descriptions are kept up to date.
  • Ensure overall wellbeing of the team is maintained. Continuously support in improving the morale of the team and implementing a culture of zero-tolerance for bullying and harassment.
  • To manage and develop the Finance function as part of the Senior Leadership Team, to develop a common sense of identity, priority and direction.

Other

  • To present financial and business information to a variety of stakeholder groups.
  • To undertake all mandatory training in line with Trust policies and procedures.
  • To take personal responsibility for own professional development.
  • To maintain own professional competence and credibility.
  • To adhere to relevant professional code at all times.
  • To assist in producing ad hoc reports and in project work.
  • To undertake any other duties requested as appropriate to the banding.
  • The post holder has a general duty of care for their own health, safety and wellbeing and that of work colleagues, visitors and patients within the hospital, in addition to any specific risk management or clinical governance accountabilities associated with this post.
  • To observe the rules, policies, procedures and standards of King's College Hospital NHS Foundation Trust together with all relevant statutory and professional obligations.
  • To live and role model the Kings Values of:
  • We show compassion and understanding and bring a positive attitude to our work;
  • We promote equality, are inclusive and honest, speaking up when needed;
  • We support each other, communicate openly, and are reassuringly professional.

Person Specification

Per JD/PS

Essential

  • Per JD/PS
Person Specification

Per JD/PS

Essential

  • Per JD/PS

Disclosure and Barring Service Check

This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.

Certificate of Sponsorship

Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).

From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).

Additional information

Certificate of Sponsorship

Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).

From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).

Employer details

Employer name

King's College Hospital NHS Foundation Trust

Address

Princess Royal University Hospital

Farnborough

BR6 8ND


Employer's website

https://www.kch.nhs.uk/ (Opens in a new tab)


Employer details

Employer name

King's College Hospital NHS Foundation Trust

Address

Princess Royal University Hospital

Farnborough

BR6 8ND


Employer's website

https://www.kch.nhs.uk/ (Opens in a new tab)


For questions about the job, contact:

Recruitment Advisor

Finn McNulty

fmcnulty@hunter-healthcare.com

07966006091

Date posted

28 October 2022

Pay scheme

Agenda for change

Band

Band 8c

Salary

£72,241 to £82,451 a year per annum inc HCAS

Contract

Permanent

Working pattern

Full-time

Reference number

213-PRUH-4974

Job locations

Princess Royal University Hospital

Farnborough

BR6 8ND


Supporting documents

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