Job summary
We are seeking a dynamic and motivated individual to join the HSJ 2020 Finance Team of the Year, for a 12 month fixed term contract.
Our team focus is on using finance skills to make a difference to the services we offer. As the Head of Planning, Strategy and Costing at Sherwood Forest Hospitals NHS Foundation Trust, you will be at the centre of planning for a financially sustainable future and will have a strong focus on collaborative working.
Reporting to the Deputy Chief Financial Officer the successful candidate will ensure that the financial strategy of the Trust is aligned to Nottinghamshire ICS financial ambitions and the operational strategies of the Trust. The post-holder will support the Trust in understanding activity based costing and underlying financial analytics with the purpose to support future financial strategy and financial sustainability.
The successful candidate will be welcomed into our Future Focused Finance accredited level 2 team with a strong focus on wellbeing, collaboration, reflection and continuous improvement. We pride ourselves on the relationships with our stakeholders and aim to provide a finance function which will empower Sherwood Forest Hospitals to deliver the best healthcare possible.
Undertaking this role will be both rewarding and challenging, requiring excellent facilitation skills, self-motivation, and the ability to work effectively with a range of colleagues in a variety of settings.
Main duties of the job
The post-holder is responsible for the leadership, development, performance, and review of the Costing and Financial Planning and Strategy sections and works with the Deputy CFO to ensure to support the Trust in delivering all Trust and statutory targets and legal requirements. A key part of the role is working with partners in the Nottinghamshire ICS and local NHSE/I office.
The post holder is responsible for:
- The development of strategic and operational financial plans, including alignment with workforce, demand, and capacity plans, to deliver the Trusts strategic objectives in accordance with NHSE/I regulation, financial professional standards, and audit assurance.
- the ongoing development of costing in the Trust, including the submission of the annual National Costing Collection to NHSE/I and development of Service Line Reporting.
- the ongoing development of all financial aspects of the Trusts Medium-Term Financial Strategy and supports the Head of Financial Management on the financial aspects of the Annual budget setting process. Ensuring that medium term financial forecasts include impact of activity projections, identification of potential risks and actions to mitigate those risks.
The post-holder is required to deputise for the Deputy CFO as required, across the range of professional responsibilities, including attendance at meetings.
About us
Thank you for your interest in this role.
Sherwood Forest Hospitals NHS Foundation Trust is nationally recognised as being an excellent place to work and deliver care. We are rightly proud of the 5,500 colleagues who work here, and we are the Health Service Journals Trust of the Year in 2020.
The Care Quality Commission rated Kings Mill Hospital Outstanding and Newark, and Mansfield Community Hospitals Good. Overall, we are rated Outstanding for care.
For the last three years, we have been ranked as the best NHS Trust to work for in the Midlands and in 2020 we were the third best Acute/Community NHS Trust in England.
Happy colleagues deliver better care. Our teams work in a supportive, inclusive environment, which nurtures wellbeing and has opportunities for development and progression. We do not just care for our patients; we also care for you.
We would love you to join us
Job description
Job responsibilities
To provide a high quality, efficient and robust service to the Trust to support patient care delivery within the available financial resource, ensuring compliance with the Trusts standing financial documents.
The modern finance function is expected to fulfil an ever evolving and increasingly complex role, as follows:
- Strategist - analysing organisational performance and interpreting financial and non-financial information to support the planning and execution of strategic initiatives across the Trust.
- Catalyst - stimulating the wider organisation to execute the changes necessary to support the effective performance of the Trust and the steward, operator, and strategist role.
- Operator - delivering efficient finance and commercial processes to support the production of financial and non-financial information and driving the cost effectiveness agenda across the Trust.
- Steward - providing control over the Trusts assets, ensuring it meets its compliance obligations and directing the management of risk.
The overriding purpose is to support the provision of the highest quality patient care through personal actions and continuous improvement.
Full details of the roles duties are within the Job Description and Person Specification; for further details about the role please contact Jen Leah (Interim Deputy Chief Financial Officer) via email: Jennifer.Leah@nhs.net
Job description
Job responsibilities
To provide a high quality, efficient and robust service to the Trust to support patient care delivery within the available financial resource, ensuring compliance with the Trusts standing financial documents.
The modern finance function is expected to fulfil an ever evolving and increasingly complex role, as follows:
- Strategist - analysing organisational performance and interpreting financial and non-financial information to support the planning and execution of strategic initiatives across the Trust.
- Catalyst - stimulating the wider organisation to execute the changes necessary to support the effective performance of the Trust and the steward, operator, and strategist role.
- Operator - delivering efficient finance and commercial processes to support the production of financial and non-financial information and driving the cost effectiveness agenda across the Trust.
- Steward - providing control over the Trusts assets, ensuring it meets its compliance obligations and directing the management of risk.
The overriding purpose is to support the provision of the highest quality patient care through personal actions and continuous improvement.
Full details of the roles duties are within the Job Description and Person Specification; for further details about the role please contact Jen Leah (Interim Deputy Chief Financial Officer) via email: Jennifer.Leah@nhs.net
Person Specification
Personal Values
Essential
- Must be able to demonstrate behaviours consistent with the Trust's values
- Must be able to demonstrate a strength in leadership to ensure those within the service also demonstrate behaviours consistent with the Trust's values and standards
Communication and Relationships
Essential
- Ability to build productive working relationships with a wide range of colleagues at all levels within and outside the Trust
- Able to advise, support and challenge senior budget holders over financial issues, influencing them in a particular course of action as required. Conveys financial concepts clearly and persuasively
Knowledge Requirements
Essential
- Knowledge of current issues in the NHS and the changing nature of Healthcare provision
- Knowledge of current issues in the NHS and the changing nature of Healthcare provision
- Comprehensive understanding of NHS finance policies and procedures
Qualifications-Academic/ Craft/ Professional
Essential
- Fully qualified Accountant - CCAB or equivalent
Desirable
Further Training
Essential
- Proven track record of continuous professional and management development
Experience
Essential
- Minimum of 5 years recent experience in a senior finance NHS role or relevant large and complex organisation(s), at least 5 years post qualification
- Substantial Financial Management experience, preferably within the Public Sector, or equivalent service sector
- Significant experience in the management, leadership, and professional development of staff
- Extensive involvement in the financial business cycle
Analytical and Judgemental Skills
Essential
- Ability to make judgements involving highly complex facts or situations, which require the analysis, interpretation, and comparison of a range of options
- Makes judgements on financial decisions and financial risk where there is no precedent and where other leading opinions may conflict
Planning and Organisational Skills
Essential
- Ability to plan and organise the annual planning and national cost collection processes
- Experience in the development, implementation and maintenance of systems and controls that ensure the provision of expert planning and costing information
Contractual Requirements
Essential
- Ability to work the hours required, to ensure satisfactory performance of duties
Person Specification
Personal Values
Essential
- Must be able to demonstrate behaviours consistent with the Trust's values
- Must be able to demonstrate a strength in leadership to ensure those within the service also demonstrate behaviours consistent with the Trust's values and standards
Communication and Relationships
Essential
- Ability to build productive working relationships with a wide range of colleagues at all levels within and outside the Trust
- Able to advise, support and challenge senior budget holders over financial issues, influencing them in a particular course of action as required. Conveys financial concepts clearly and persuasively
Knowledge Requirements
Essential
- Knowledge of current issues in the NHS and the changing nature of Healthcare provision
- Knowledge of current issues in the NHS and the changing nature of Healthcare provision
- Comprehensive understanding of NHS finance policies and procedures
Qualifications-Academic/ Craft/ Professional
Essential
- Fully qualified Accountant - CCAB or equivalent
Desirable
Further Training
Essential
- Proven track record of continuous professional and management development
Experience
Essential
- Minimum of 5 years recent experience in a senior finance NHS role or relevant large and complex organisation(s), at least 5 years post qualification
- Substantial Financial Management experience, preferably within the Public Sector, or equivalent service sector
- Significant experience in the management, leadership, and professional development of staff
- Extensive involvement in the financial business cycle
Analytical and Judgemental Skills
Essential
- Ability to make judgements involving highly complex facts or situations, which require the analysis, interpretation, and comparison of a range of options
- Makes judgements on financial decisions and financial risk where there is no precedent and where other leading opinions may conflict
Planning and Organisational Skills
Essential
- Ability to plan and organise the annual planning and national cost collection processes
- Experience in the development, implementation and maintenance of systems and controls that ensure the provision of expert planning and costing information
Contractual Requirements
Essential
- Ability to work the hours required, to ensure satisfactory performance of duties
Additional information
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
