Job summary
OUH are looking for an enthusiastic and experienced Finance professional to take up a fixed term position as Head of Finance - Investments and Oversight.
This role is an integral part of the senior finance team at Oxford University Hospitals, ensuring that business cases have sufficient finance scrutiny before management approval, and review once operational to ensure costs and benefits are in line with expectations.
This is a 3 day fixed term role to cover a partial secondment, and can be worked as a hybrid role, with in office and home working.
We would welcome discussions around flexible working.
Main duties of the job
The postholder will be the senior finance lead on the oversight of non-commercial investments and large non-commissioning contracts as well as the assessment of operational investment cases.
This will include coordination, understanding and financial modelling of performance in these areas as well as advice and recommendations to the Trust's senior leadership on decision making.
The postholder will require expert analytical, judgement, presentation skills, as well as the ability to make and influence key decisions at a senior level.
About us
The Finance department at OUH is a team focused on ensuring that senior decision makers have the right information on which to base investment decisions.
The team works closely with clinical and operational colleagues across the organisation and are integral to the effective financial management of the Trust.
Job description
Job responsibilities
- To act as the Trusts senior finance lead on the development and appraisal of operational investment cases. This will include taking a lead role in any relevant project team.
- To act as the primary advisor on operational financial investments to Business Planning Group (BPG), coordinating with the Director of Contracting and Business Planning to ensure accurate and timely information is provided for decision making. To implement national best practice on investment appraisal.
- To act as the Trusts senior finance lead for the oversight of performance of non-commissioning contracts, including Managed Equipment Services (MES) (e.g. Energy Centre, Cerner, various diagnostic (Abbott, Alliance Medical) contracts to ensure value for money (VfM) is being achieved by providing timely and transparent reporting of performance and providing appropriate briefing to enable informed decision making. This includes responsibility for developing and monitoring the relevant delivery plans and budgets in these areas.
- To act as the Trusts senior finance lead for the oversight of Private Finance Initiative (PFI) contracts, including financial oversight and long term planning of Managed Equipment Services (MES) for medical equipment, to ensure value for money (VfM) is being achieved by providing timely and transparent reporting of performance and providing appropriate briefing to enable informed decision making.
- To be responsible for developing policy for VfM assessments of PFI variations, including building and equipment.
- To lead in the development of viable, robust and deliverable plans for business as usual capital investment in Corporate areas (e.g. Operational Estates and IM&T).
- To work with the relevant Corporate Department on the implementation of improvements to financial and performance reporting systems, including oversight on development of performance dashboards, key performance indicators and any other key management information.
- To provide expertise, support and oversight into financial modelling work relating to operational developments within the Trust.
- To provide financial advice on operational projects and proposals.
- To work with corporate teams in developing service models associated with the new strategic developments.
- To undertake significant management responsibility forspecific project teams as required, including clinicians, allied health professionals, managers, Finance, HR, IT and Estates.
- To participate in the development of partnerships with other healthcare organisations, academic institutions and charitable bodies etc, which are necessary for the delivery of strategic developments at OUH.
- To be the lead day-to-day finance contact with external consultants assisting with a variety of projects, including financial consultants, lawyers and taxation advisers.
- To ensure that activity, capacity and financial modelling assumptions align and are consistent with any investment case for change, non-financial benefits or risk management.
- To line manage and develop the Senior Finance Manager - Investment and Decision Support in the management of work and support to projects. Including ensuring reports are supported, motivated and developed to the highest possible level.
- To provide oversight to the Finance Department, Business Planning Team and wider organisation in the development of smaller business cases, including analysis, critical review, challenge and identification of improvement opportunities.
- To develop and implement project plans, ensure projects meet key milestones and deliver within agreed timescales.
- Communicate highly sensitive, complex and contentious information to a range of internal and external stakeholders.
- Use persuasion and motivation skills to influence key decision making and maintain professional communication at all times when dealing with sensitive and contentions issues.
- To constructively challenge senior stakeholders throughout the financial planning process to ensure robustness of project plans.
- To ensure that any business case model is consistent with the investment policy of the Trust and relevant approval process (e.g. Trust Management Executive, Trust Board)
- To work cooperatively and collaboratively with Finance staff in divisions and in the central Finance Department.
Job description
Job responsibilities
- To act as the Trusts senior finance lead on the development and appraisal of operational investment cases. This will include taking a lead role in any relevant project team.
- To act as the primary advisor on operational financial investments to Business Planning Group (BPG), coordinating with the Director of Contracting and Business Planning to ensure accurate and timely information is provided for decision making. To implement national best practice on investment appraisal.
- To act as the Trusts senior finance lead for the oversight of performance of non-commissioning contracts, including Managed Equipment Services (MES) (e.g. Energy Centre, Cerner, various diagnostic (Abbott, Alliance Medical) contracts to ensure value for money (VfM) is being achieved by providing timely and transparent reporting of performance and providing appropriate briefing to enable informed decision making. This includes responsibility for developing and monitoring the relevant delivery plans and budgets in these areas.
- To act as the Trusts senior finance lead for the oversight of Private Finance Initiative (PFI) contracts, including financial oversight and long term planning of Managed Equipment Services (MES) for medical equipment, to ensure value for money (VfM) is being achieved by providing timely and transparent reporting of performance and providing appropriate briefing to enable informed decision making.
- To be responsible for developing policy for VfM assessments of PFI variations, including building and equipment.
- To lead in the development of viable, robust and deliverable plans for business as usual capital investment in Corporate areas (e.g. Operational Estates and IM&T).
- To work with the relevant Corporate Department on the implementation of improvements to financial and performance reporting systems, including oversight on development of performance dashboards, key performance indicators and any other key management information.
- To provide expertise, support and oversight into financial modelling work relating to operational developments within the Trust.
- To provide financial advice on operational projects and proposals.
- To work with corporate teams in developing service models associated with the new strategic developments.
- To undertake significant management responsibility forspecific project teams as required, including clinicians, allied health professionals, managers, Finance, HR, IT and Estates.
- To participate in the development of partnerships with other healthcare organisations, academic institutions and charitable bodies etc, which are necessary for the delivery of strategic developments at OUH.
- To be the lead day-to-day finance contact with external consultants assisting with a variety of projects, including financial consultants, lawyers and taxation advisers.
- To ensure that activity, capacity and financial modelling assumptions align and are consistent with any investment case for change, non-financial benefits or risk management.
- To line manage and develop the Senior Finance Manager - Investment and Decision Support in the management of work and support to projects. Including ensuring reports are supported, motivated and developed to the highest possible level.
- To provide oversight to the Finance Department, Business Planning Team and wider organisation in the development of smaller business cases, including analysis, critical review, challenge and identification of improvement opportunities.
- To develop and implement project plans, ensure projects meet key milestones and deliver within agreed timescales.
- Communicate highly sensitive, complex and contentious information to a range of internal and external stakeholders.
- Use persuasion and motivation skills to influence key decision making and maintain professional communication at all times when dealing with sensitive and contentions issues.
- To constructively challenge senior stakeholders throughout the financial planning process to ensure robustness of project plans.
- To ensure that any business case model is consistent with the investment policy of the Trust and relevant approval process (e.g. Trust Management Executive, Trust Board)
- To work cooperatively and collaboratively with Finance staff in divisions and in the central Finance Department.
Person Specification
Essential
Essential
- Qualifications
- Experience
- Analytical and Judgement Skills
- Planning and Organisational Skills
- Knowledge of financial management in a healthcare/commercial environment.
Desirable
- Expert specialist knowledge of accounting procedures, in particular those specifically relating to the NHS
- Experience of working in senior finance roles in a range of NHS bodies, covering NHS and private clinical services
Person Specification
Essential
Essential
- Qualifications
- Experience
- Analytical and Judgement Skills
- Planning and Organisational Skills
- Knowledge of financial management in a healthcare/commercial environment.
Desirable
- Expert specialist knowledge of accounting procedures, in particular those specifically relating to the NHS
- Experience of working in senior finance roles in a range of NHS bodies, covering NHS and private clinical services
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.
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).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
Additional information
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.
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).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
Employer details
Employer name
Oxford University Hospitals NHS Foundation Trust
Address
Finance dept, OUH@Cowley
Unipart House, Garsington Road
Oxford
OX4 2PG
Employer's website
https://www.ouh.nhs.uk/ (Opens in a new tab)
