Assistant Chief Finance Officer

NHS Jobs; Wrexham; On-site; GBP 50,000 - 75,000; Full time

Job summary

NHS Jobs in Wales is seeking a finance professional to manage the provision of professional financial advice and information for the Division, aligning with the Health Board strategy and statutory duties.

You will develop detailed financial projections, monitor budget performance, prepare regular reports for senior management, and support budget holders with financial training to drive efficient use of resources and cost reduction opportunities.

Job description

Manage the provision of professional financial advice, support and information for the activities of the Division, which is in line with the HBs strategy. To develop detailed financial projections, option appraisals and forward plans to enable potential issues to be anticipated and resolved, in order to achieve the Divisions financial targets and the HBs statutory financial duties. Communicate and interpret complex, sophisticated, technical and often contentious financial and non financial information in an easily understood manner with the Divisional Directors and Senior Management Team Clinical Manager and Directors, Divisional Managers, and other managers with regard to resource assumptions, efficient use of resources and opportunities for cost reduction, through a process of negotiation, influence and persuasion. Develop and implement a programme of Cost Reduction schemes to ensure the achievement of Division and Corporate financial targets, contributing effectively to the planning and implementation of the HBs Operational Plan. Develop and extensively monitor budget performance of all divisions and departments across the relevant Division / Area. Prepare and present monthly financial performance reports to Division / Area Management Team, Clinical Directors and Finance Director, identifying key risks, pressures and opportunities, as well as financial forecasts and actions required to ensure financial viability is maintained. Provide advice on break-even and budget plans for Division / Area ensuring that information and advice is given to enable services to be run efficiently and effectively, facilitating the optimum application of financial resources to the provision of high quality health care. To support delegated budget holders within the Division / Area by providing financial training in a manner that is easily understood by non-finance professionals, to enhance financial awareness and understanding. Prepare regular reports on the current and forecast financial position and performance of the Division / Area for:

• External Stakeholders (WAG Monitoring Returns)
• Health Board independent members
• Board of Directors and Executive Management Team