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Job summary

Main area
Finance
Grade
NHS AfC: Band 8d
Contract
Permanent
Hours
Full time - 37.5 hours per week
Job ref
223-HFM-011
Employer
The Shrewsbury and Telford Hospital NHS Trust
Employer type
NHS
Site
Shrewsbury Business Park
Town
Shrewsbury
Salary
£88,168 - £101,677 per annum
Salary period
Yearly
Closing
28/01/2025 23:59

Employer heading

The Shrewsbury and Telford Hospital NHS Trust logo

Head of Financial Management

NHS AfC: Band 8d

Job overview

Working with the Director of Finance and Deputy Director of Finance, the Head of Financial Management will coordinate financial performance, planning and reporting activities and functions across the Trust, which has a budget of c£600m and approximately 7,000. You will support the delivery of key financial targets / regulatory requirements, and as part of a collective leadership team develop the financial performance framework, leading, coordinating and directing the Trust's financial management teams to provide excellent financial information to support the Trust in delivering our short and medium term financial plans.

 The post holder will support the implementation of the Hospital Transformation Programme (£312m capital investment), taking a lead for the revenue changes, working with clinical colleagues for skill changes and monitoring of benefits.

The post holder will, as part of the finance leadership team, play a key role in promoting an organisational culture that actively promotes the Trust's Vision and Values and positively engages staff, service users and other stakeholders in quality improvement and service transformation.

Main duties of the job

·       Ensure effective financial systems are in place to deliver a full understanding of current financial performance, key variances and their causes and drivers, and effective financial forecasting to the wider organisation.

·       Co-ordinate production of the Trusts monthly management accounts, and ensure accurate production of monthly financial information, including the monthly management accounts, within the timescales determined by the Trust.

·       Ensure that reports are of the highest quality by defining the quality assurance process and ensuring that key validations and reconciliations are completed.

·       Ensure that there is a rigorous review process of the final monthly positions and year-end forecasts and all financial forecasts are operationally owned.

·       Support the production of the statutory annual accounts including the provision of information and co-ordination of stock-takes across operational areas.

·       Promote and ensure an environment of strong financial control within the Trust, including managing and developing the Trust’s Standing Financial Instructions, Standing Orders and other financial policies including the scheme of delegation.

·       Oversee business case development and financial modelling to support the Trust in making sound financial decisions.

 

Working for our organisation

Join us at The Shrewsbury and Telford Hospital NHS Trust, where our passion for excellence drives everything we do.

We're on a mission to provide high quality, safe care to our patients, in an environment our incredible staff are proud to work in.

Our vision, 'To provide excellent care for the communities we serve,' is not just a statement; it's a promise we live by every day. Guided by our core Values - Partnering, Ambitious, Caring, and Trusted - we're determined to make a real difference in the lives of those who matter most: our patients and their families.

If you're ready to be part of a team that's dedicated to continuous improvement, come join us and let's make a difference together!

The finance department at The Shrewsbury and Telford Hospital NHS Trust has recently been recognised at the HFMA awards, winning both the Finance Team of the Year and Havelock Training Awards. This is a great achievement and something we are extremely proud of.  Why not come and join our award winning team and be part of our continued journey.

Detailed job description and main responsibilities

For full duties and responsibilities please refer to the attached document entitled Job Description.

Person specification

Qualifications

Essential criteria
  • CCAB qualified
  • Evidence of CPD
Desirable criteria
  • Masters level qualification

Experience

Essential criteria
  • Significant record of senior level management experience gained in a complex NHS setting.
  • Experience in leading, managing and developing a multidisciplinary team, including objective setting and performance management.
  • Detailed knowledge of NHS budgeting and financial planning process and the general NHS finance regime including payment mechanisms and Commissioning etc.
  • Experience of developing robust I&E forecasts and delivery of financial balance and financial recovery plans.
Desirable criteria
  • Experience in liaison and negotiation at organisational level internally as well as externally, with a range of stakeholders.
  • Demonstrable experience of promoting continuous improvement and high professional standards.
  • Experience of successfully managing a large complex budget, monitoring and forecasting expenditure.

Skills

Essential criteria
  • Problem solving: having the capacity to analyse problems in a logical and structured way using qualitative and quantitative information, generating optional and innovative solutions and adapting approaches to problem-solving to achieve sustainable outcomes.
  • Insight: being able to anticipate problems, to understand the driving forces behind problems, or potential problems and being able to identify and use the levers to achieve change.
  • Judgement: having the ability to make informed management judgments balancing risk with safety.
  • Presentation: being articulate and skilled in presenting ideas to others.
Desirable criteria
  • Opportunism: having the ability to seek out, recognise and pursue opportunities.
  • Have proven ability to operate and think laterally at operational and strategic levels, with good analytical skills.

Employer certification / accreditation badges

Apprenticeships logoPositive about disabled peopleAge positiveDisability confident leaderDefence Employer Recognition Scheme (ERS) - SilverMindful employer.  Being positive about mental health.Pregnancy Loss Pledge

Applicant requirements

You must have appropriate UK professional registration.

Application numbers

In the event of a high response to this advertisement, this post will be closed. Early applications are advised.

Documents to download

Apply online now

Further details / informal visits contact

Name
Adam Winstanley
Job title
Deputy Director of Finance
Email address
[email protected]
Telephone number
07749701218

If you have problems applying, contact

Address
The Shrewsbury and Telford Hospital NHS Trust
Shrewsbury Business Park
1 Douglas Court
Shrewsbury
Shropshire
SY2 6LG
Telephone
01743 492402
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