City Hospitals Independent Commercial Enterprises Ltd (CHoICE)

Deputy Chief Finance Officer

Information:

This job is now closed

Job summary

An opportunity has arisen to join the small finance team at CHoICE (City Hospitals Independent Commercial Enterprises Ltd). CHoICE is a successful facilities management company that provides a wide range of services to the South Tyneside and Sunderland NHS Trust as well as to a number of clients across the North East.

As we continue to grow (turnover circa £94m) we need to recruit a Deputy Chief Finance Officer to work with our Chief Finance Officer and the CHoICE Board in leading the operational finance function in the Company. We employ over 650 staff across estates and facilities, procurement and pharmacy. A competitive salary and benefits package will be offered to the right individual.

Candidates will need to have commercial experience at a senior level, and bring a can-do approach to the many challenges we continue to face in delivering our range of key services to the very heart of patient-care in Sunderland and South Tyneside. Details of the key duties, qualifications, skills and experience are set out in the Job Description and Person Specification.

Main duties of the job

To lead the operational finance function of a growing facilities management, pharmacy and procurement provider, ensuring it remains competitive, as it continues to grow in the current and coming years.

To bring commercial experience and in-sight to a wholly-owned subsidiary operating at the heart of the NHS.

To bring challenge at a senior level to ensure future opportunities are fully evaluated and explored before final decisions are made.

To contribute to the Company wide discussions about future opportunities for growth.

Please note, Interviews are planned to take place week commencing the 12th June 2023.

For any further job related candidate queries, please contact:

Mrs Pat Taylor

Chief Finance Officer

pat.taylor4@nhs.net

0191 565 6256 x 41147

About us

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City Hospitals Independent Commercial Enterprises Ltd (CHoICE - trading since 2014) is a wholly owned subsidiary company of South Tyneside & Sunderland NHS Foundation Trust (STSFT). Based at Sunderland Royal Hospital, providing a full range of Facilities Management, Procurement and Outpatient Pharmacy services. We employ around 650 staff in a wide range of functions, ranging from cleaners, porters, engineers, procurement specialists and pharmacists.

Commitment, Care and Compassion - our Team contribute to the overall hospital environment, providing safe, secure and comfortable facilities for access by patients, staff and visitors. CHoICE is an exciting place to work that will provide you with an opportunity to grow and develop. Many of our staff work flexibly, including part-time and we are committed to offering flexible approaches to work where possible. We provide a range of benefits including Fitness Centre (SRH), cycle to work scheme and access to a Childcare Co-ordinator to help staff with childcare arrangements.

We welcome all applications regardless of peoples race, disability, gender, sexual orientation, religion or belief, age, gender identity, marriage and civil partnership, pregnancy and maternity and in particular those from under-represented groups.

Details

Date posted

18 May 2023

Pay scheme

Other

Salary

£70,625 to £77,310 a year

Contract

Permanent

Working pattern

Full-time

Reference number

M9155-Z-AC-0523-04

Job locations

Sunderland Royal Hospital

Kayll Road

Sunderland

SR4 7TP


Job description

Job responsibilities

Main Purpose of the Job:

Responsible for the overall operational management and performance of the CHoICE Finance function.

Investigates and advises on highly complex issues and leads on corporate reporting/provides operational financial and business planning advice to the CHoICE Board.

Is a key member of the CHoICE senior leadership team, and attends all board meetings.

Responsible for the provision of high quality financial advice, business & operational support to the company business units, in order to facilitate the effective monitoring and management of the overall company finances.

Responsible for ensuring the provision of robust financial information and reliable financial forecasts.

Ensures the co-ordination and integration of business unit financial plans with corporate financial responsibilities, objectives, plans and overall financial strategy.

To regularly work with Departmental Heads within the business units to ensure short and long term financial viability and stability for the company.

Work with the Chief Finance Officer on strategic opportunities for business development including but not limited to the acquisition of strategic partners.

Attend all meetings of the Audit Committee.

Provides cover for the Chief Finance Officer as and when needed.

PLEASE REFER TO THE ATTACHED JOB DESCRIPTION AND PERSON SPECIFICATION FOR FURTHER DUTIES OF THE ROLE.

Job description

Job responsibilities

Main Purpose of the Job:

Responsible for the overall operational management and performance of the CHoICE Finance function.

Investigates and advises on highly complex issues and leads on corporate reporting/provides operational financial and business planning advice to the CHoICE Board.

Is a key member of the CHoICE senior leadership team, and attends all board meetings.

Responsible for the provision of high quality financial advice, business & operational support to the company business units, in order to facilitate the effective monitoring and management of the overall company finances.

Responsible for ensuring the provision of robust financial information and reliable financial forecasts.

Ensures the co-ordination and integration of business unit financial plans with corporate financial responsibilities, objectives, plans and overall financial strategy.

To regularly work with Departmental Heads within the business units to ensure short and long term financial viability and stability for the company.

Work with the Chief Finance Officer on strategic opportunities for business development including but not limited to the acquisition of strategic partners.

Attend all meetings of the Audit Committee.

Provides cover for the Chief Finance Officer as and when needed.

PLEASE REFER TO THE ATTACHED JOB DESCRIPTION AND PERSON SPECIFICATION FOR FURTHER DUTIES OF THE ROLE.

Person Specification

Qualifications

Essential

  • CCAB qualified having achieved Fellowship Status and substantial post qualification experience.
  • Significant experience working as Chief Finance Officer or Finance Director (or equivalent) of a limited company.

Experience

Essential

  • Significant experience in finance working in a large or complex organisation.
  • Advanced theoretical and practical knowledge gained through substantial post qualification financial experience and significant experience working as CFO or FD (or equivalent) of a limited company.
  • Significant experience of managing and motivating a large team.
  • Effective management and leadership skills, gained through working at Board level.
  • Experience of business development, growing a business and developing profitable growth.
  • Experience of managing and negotiating outsourced contracts.

Desirable

  • Mainly private sector and commercial experience
  • Experience of group and subsidiary accounting

Special Skills and Knowledge

Essential

  • Good knowledge of cost accounting, measures of profitability, Group Accounts, subsidiaries and consolidation accounting, all within the framework of Financial Reporting Standards.
  • Good understanding of Transfer Pricing requirements within group accounting.
  • Knowledge and experience of business development, acquisitions, and due diligence.
  • Ability to use judgement to compare and evaluate options, and recommend actions based on those evaluations.
  • Effective problem-solving skills, especially for new issues where there is no precedent to follow
  • Experience of managing transitional programmes to allow the effective use of technology and processes. For example, to reduce costs whilst not impairing financial controls.

Desirable

  • Understanding of the NHS and public sector
  • Good understanding of local economy.

Other Skills

Essential

  • Excellent communication skills including presentation and summary of complex financial data into meaningful information
  • Able to use initiative to pursue challenging and difficult issues with confidence, drive and tact in order to achieve results
  • Effective negotiation skills and ability to interact effectively with senior management.
  • Able to deputise for the CHoICE CFO at internal and external meetings.
  • Ability to critically review guidance, accounting standards and policies, some of which may be in draft form or constantly changing, to judge the application and implications of these for the company, its subsidiaries and business units and take decisions based on such judgements.

Desirable

  • Experience of presenting financial information and preparing reports for a non-finance audience

Other Requirements

Essential

  • Able to set clear and concise objectives for self and staff, prioritise and monitor progress, and take appropriate action to achieve outcomes by required deadlines.
  • Reliable and committed to delivering targets and achieving outcomes.
Person Specification

Qualifications

Essential

  • CCAB qualified having achieved Fellowship Status and substantial post qualification experience.
  • Significant experience working as Chief Finance Officer or Finance Director (or equivalent) of a limited company.

Experience

Essential

  • Significant experience in finance working in a large or complex organisation.
  • Advanced theoretical and practical knowledge gained through substantial post qualification financial experience and significant experience working as CFO or FD (or equivalent) of a limited company.
  • Significant experience of managing and motivating a large team.
  • Effective management and leadership skills, gained through working at Board level.
  • Experience of business development, growing a business and developing profitable growth.
  • Experience of managing and negotiating outsourced contracts.

Desirable

  • Mainly private sector and commercial experience
  • Experience of group and subsidiary accounting

Special Skills and Knowledge

Essential

  • Good knowledge of cost accounting, measures of profitability, Group Accounts, subsidiaries and consolidation accounting, all within the framework of Financial Reporting Standards.
  • Good understanding of Transfer Pricing requirements within group accounting.
  • Knowledge and experience of business development, acquisitions, and due diligence.
  • Ability to use judgement to compare and evaluate options, and recommend actions based on those evaluations.
  • Effective problem-solving skills, especially for new issues where there is no precedent to follow
  • Experience of managing transitional programmes to allow the effective use of technology and processes. For example, to reduce costs whilst not impairing financial controls.

Desirable

  • Understanding of the NHS and public sector
  • Good understanding of local economy.

Other Skills

Essential

  • Excellent communication skills including presentation and summary of complex financial data into meaningful information
  • Able to use initiative to pursue challenging and difficult issues with confidence, drive and tact in order to achieve results
  • Effective negotiation skills and ability to interact effectively with senior management.
  • Able to deputise for the CHoICE CFO at internal and external meetings.
  • Ability to critically review guidance, accounting standards and policies, some of which may be in draft form or constantly changing, to judge the application and implications of these for the company, its subsidiaries and business units and take decisions based on such judgements.

Desirable

  • Experience of presenting financial information and preparing reports for a non-finance audience

Other Requirements

Essential

  • Able to set clear and concise objectives for self and staff, prioritise and monitor progress, and take appropriate action to achieve outcomes by required deadlines.
  • Reliable and committed to delivering targets and achieving outcomes.

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

City Hospitals Independent Commercial Enterprises Ltd (CHoICE)

Address

Sunderland Royal Hospital

Kayll Road

Sunderland

SR4 7TP


Employer's website

https://www.choicesunderland.co.uk/ (Opens in a new tab)


Employer details

Employer name

City Hospitals Independent Commercial Enterprises Ltd (CHoICE)

Address

Sunderland Royal Hospital

Kayll Road

Sunderland

SR4 7TP


Employer's website

https://www.choicesunderland.co.uk/ (Opens in a new tab)


Employer contact details

For questions about the job, contact:

Chief Finance Officer

Pat Taylor

pat.taylor4@nhs.net

01915656256

Details

Date posted

18 May 2023

Pay scheme

Other

Salary

£70,625 to £77,310 a year

Contract

Permanent

Working pattern

Full-time

Reference number

M9155-Z-AC-0523-04

Job locations

Sunderland Royal Hospital

Kayll Road

Sunderland

SR4 7TP


Supporting documents

Privacy notice

City Hospitals Independent Commercial Enterprises Ltd (CHoICE)'s privacy notice (opens in a new tab)