Job summary
- Main area
- Finance
- Grade
- Band 8c
- Contract
- Permanent: Or secondment
- Hours
- Full time
- Part time
- Flexible working
- Job ref
- 180-F-245320
- Employer
- Cambridge University Hospitals NHS Foundation Trust
- Employer type
- NHS
- Site
- Addenbrookes Hospital-Division Corporate
- Town
- Cambridge
- Salary
- £70,417 - £81,138 p.a. pro rata
- Salary period
- Yearly
- Closing
- 07/08/2024 23:59
Employer heading
Head of Finance - Projects
Band 8c
Job overview
The Head of Finance: Projects will work in the Projects Finance Team within the financial management department. The team comprises 4 posts, working in a matrix structure, across multiple exciting Trust-wide projects including the Cambridge Cancer Research and Cambridge Children’s Hospitals, and a number of core strategic projects within the Addenbrooke’s 3 Programme. This post offers a unique and exciting opportunity to help shape and be directly involved in some of the highest priority projects for Cambridge University Hospitals (CUH).
Main duties of the job
The Head of Finance: Projects will influence strategic decision making within the Trust and across the wider health system through the provision of highly complex business and financial advice and support to the Trust Board, Senior Managers and Clinicians across the Trust. These decisions will make a big difference for our patients and staff for years to come.
The Head of Finance: Projects will act as the lead financial specialist for specific large strategic capital projects including developing complex business cases, analysing complex business opportunities and identifying and reporting of associated financial efficiencies. While supporting the development of the Full Business Case for the Cambridge Children’s Hospital, this post will work across CUH and Cambridgeshire and Peterborough NHSFT (CPFT).
Working for our organisation
Our Trust
Cambridge University Hospitals (CUH) NHS Foundation Trust comprises Addenbrooke’s Hospital and the Rosie Hospital in Cambridge. With over 13,000 staff and over 1100 beds the priorities of the Trust focus on a quality service which is all about people – patients, staff and partners. Recognised as providing ‘outstanding’ care to our patients and rated ‘Good’ overall by the Care Quality Commissioner, is testament to the skill and dedication of the people who work here. CUH’s values – Together - Safe, Kind, Excellent – are at the heart of patient care, defining the way all staff work and behave. The Trust provides accessible high-quality healthcare for the local people of Cambridge, together with specialist services, dealing with rare or complex conditions for a regional, national and international population.
CUH is committed to promoting a diverse and inclusive community - a place where we can all be ourselves. We value our differences and fully advocate and support an inclusive working environment where every individual can fulfil their potential. We want to ensure our people are truly representative of all the communities that we serve. We welcome applications for all positions in the organisation irrespective of people’s age, disability, ethnicity, race, nationality, gender identity, sex, sexual orientation, religion or belief, marriage and civil partnership status, or pregnancy and maternity status or social economic background.
Detailed job description and main responsibilities
Please see the attached Applicant Information Pack (combined Job Description and Person Specification) for key duties and responsibilities.
Due to Home Office immigration rules, a full time permanent vacancy cannot be filled by individuals on a Student visa. Therefore, please be advised that if you are a Student visa holder, we will not be able to offer you a full time permanent contract unless you have:
- applied for a Graduate visa
- or you will have successfully completed your course and have applied for a Graduate visa before the anticipated start date of your employment
- or the Trust has agreed that they will Sponsor you as a Skilled Worker and you will complete your studies within 3 months of the anticipated start date of employment
This vacancy will close at midnight on 7th August 2024
Interviews are due to be held on 16th August 2024
Benefits to you
We offer development opportunities and a wide range of benefits including on-site leisure facilities, shopping concourse, day nurseries and access to a great transport system with easy access to airports and rail travel.
Please note if you would like to discuss the required hours of this role further, you should approach the contact given. In some cases, alternative working hours will be considered.
We welcome applications from the Armed Forces.
Person specification
Qualifications
Essential criteria
- Recognised Professional Accountancy Qualification (i.e. Fully Qualified member of CCAB) or equivalent experience.
- Degree or equivalent.
- Completion of evidenced on-going Continuing Professional Development (CPD), in accordance with guidelines produced by the relevant Professional Accountancy Body.
Desirable criteria
- Masters Qualification
- Better Business Case Foundation and Practitioner levels
Experience
Essential criteria
- Extensive experience of Financial Management including substantial post qualification experience operating at a strategic level.
- Experience of working at a strategic level, able to recognise direction and implications of policy.
- Extensive experience of the financial elements of business planning, the preparation of business cases and the practical application of investment appraisal techniques.
- Experience of costing methodologies and their applications.
Desirable criteria
- Experience of working with external professional advisors.
- Experience of financial planning on an organisational basis.
- Experience of tariff pricing structures.
Knowledge
Essential criteria
- Ability to negotiate effectively and maintain robust partnership relationships.
- Specialist, expert knowledge of specific NHS policies/procedure for example Payment by Results, Coding, Patient Choice, Foundation Trusts.
- Good working knowledge of and proven interest in the NHS including understanding of key targets and the performance management framework.
- Up to date, in depth knowledge of Financial and Management Accounting procedures including International Financial Reporting Standards (IFRS).
- Familiarity with relevant changes in clinical practice and the consequent impact on resource utilisation.
Skills
Essential criteria
- Excellent written communication skills including the ability to summarise highly complex financial issues into concise financial reports and prepare complex, multi-faceted business cases.
- Good verbal communication and presentation skills including the ability to explain highly complex financial issues clearly and persuasively to non-financial staff and communicate sensitive or contentious information in order to influence decision making.
- Awareness of organisational politics in order to keep healthcare professionals on board with key changes and resource management.
- Flexibility to work autonomously with the skills to make decisions independently and delegate effectively.
- Proven ability to use own initiative, prioritise work to meet tight deadlines, delegate appropriately and apply problem solving skills effectively.
- Good understanding of operational issues and how organisational pressures affect broader resource utilisation.
- Strong analytical skills including the ability to make sound judgements and decisions on highly complex issues to minimise financial risk in situations where there is multiplicity of targets/objectives, imperfect information and no obvious precedent.
- Ability to make judgements on financial risks where expert opinions may conflict is required.
- Ability to assess benefits realisation and advise on potential remedial solutions.
- Ability to remain calm and perform consistently in stressful situations.
- Confidence to advise on certain courses of action/decisions which may have far-reaching and long-term strategic consequences for the Trust.
- Comprehensive IT skills including the use of Financial Systems/General Ledgers. Experience with Microsoft Office products/other software packages including the ability to design highly complex spread sheets, reports and databases to manipulate and analyse technical data and convert it into an accessible, user-friendly format.
Additional Requirements
Essential criteria
- The ability to understand and behave at all times, towards patients, visitors and colleagues according to the Trust values of safe, kind, excellent.
- Ability to demonstrate a supportive and facilitative management style.
- Ability to work effectively with senior colleagues, including at Trust Board Level.
- Ability to work in a fast paced environment, enabling quick decision making whilst balancing risk.
- Discretion, integrity and reliability
Employer certification / accreditation badges
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Applicant requirements
You must have appropriate UK professional registration.
Documents to download
Further details / informal visits contact
- Name
- Amy Taylor
- Job title
- Associate Director of Strategic Finance
- Email address
- [email protected]
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