Chief Finance Officer

West Suffolk NHS Foundation Trust; Bury St Edmunds; On-site; GBP 90,000 - 120,000; Full time

Job summary

A prominent NHS Trust in Bury St Edmunds seeks a Chief Finance Officer to lead financial management and strategic development. The CFO will drive financial accountability and ensure compliance while being pivotal in overseeing the construction of a new healthcare facility. The ideal candidate will possess strong financial expertise, leadership skills, and a commitment to enhancing patient care delivery.

Benefits

Competitive salary

Inclusive work environment

Professional development opportunities

Qualifications

• Experience in a senior finance role within the NHS or similar organization.
• Strong understanding of governance and financial compliance.
• Ability to lead and develop a finance team.

Responsibilities

• Develop and communicate strategic vision for financial management.
• Lead and inspire the finance directorate to ensure effective financial management.
• Provide comprehensive advice on financial matters to the Board of Directors.

Skills

Financial management expertise

Leadership capabilities

Strategic vision development

Financial risk management

Education

Relevant degree in finance or business

Job description

Overview

As we look to the future, we are excited to be making progress in our plans to build a new health and care campus for West Suffolk, co-producing these plans with staff, stakeholders and partners. Our new Chief Finance Officer (CFO) will play a pivotal leadership role in this development as we design and deliver a new healthcare facility for our population.

The CFO will be the executive lead the resourcing, leadership, support and development of the finance team, and the ongoing development of the financial framework and controls for the organisation, that supports the financial viability of the Trust and enables clinical and non-clinical services to be delivered within clearly agreed parameters in line with statutory financial requirements.

Together with other executive members of the Board of Directors, the CFO will demonstrate inspirational and compassionate leadership to the entire workforce, ensuring that staff, and volunteers are supported and motivated to provide the safest and best patient care, and are at the heart of quality improvement and organisational development.

If you are inspired to join us, we would love to hear from you. For an informal discussion with Ewen Cameron, Chief Executive Officer, please contact Gemma Wixley on 01284 713301.

Key Responsibilities

• Develop and communicate a strategic vision and framework for financial management and control so that our clinical divisions (acute and community) and corporate directorates are supported to formulate short and long-term budgets and financial plans that ensure we are delivering services we need in the future within the financial parameters agreed, actively engaging with staff and stakeholders (including patients, families and carers) to ensure their views and experiences are at the heart of this process.
• Lead, inspire and develop the finance directorate, in order to deliver efficient, effective, values-driven and future focused financial management, accounting and control services, enhancing financial sustainability, taking a data and evidence-based approach to build greater financial oversight, thus supporting the reduction of financial risk for the Trust.
• Ensure appropriate governance, controls, policies and procedures are in place, fully accessible, adopted and updated, to enable compliance with regulatory and statutory requirements related to financial management, including detailed scrutiny and assurance.
• Develop integrated systems, key indicators and reporting to track delivery and impact of the financial plan, enabling the Management Executive Board and Board of Directors to maintain close oversight and be responsive, including assurance, that the organisation's overall approach to financial management is enabling the Trust to deliver services that provide increasing value to patients and wider stakeholders.
• Provide comprehensive advice and support to the Board of Directors on all matters pertaining to finance and budget management, annual accounts, income generation, general and capital expenditure, borrowing, cash liquidity, financial stability, financial risk and fraud, ensuring the Trust's balance sheet is professionally and appropriately managed.
• Support the development of a culture of financial and contracting accountability, supporting those with budgetary responsibilities to be equipped to make the most effective use of resources, enabling the enhancement of the Trust's sustainability.
• Fulfil the executive lead role for estates and facilities, ensuring that the Trust's estates portfolio, including capital and maintenance programmes, are aligned to the Trust's strategy, future health and care needs, and are pro-actively managed safely and cost-effectively within statutory requirements, including accommodating accessibility needs.
• Fulfil the senior responsible officer role for the Trust's designation as an NHS New Hospitals Programme site, overseeing the delivery of the work programme to plan and build a new healthcare facility to replace the West Suffolk Hospital.
• As part of the Fit and Proper Person Framework, the successful candidate will be required to complete the FPP test at the point of recruitment and then annually thereafter.

About West Suffolk NHS Foundation Trust

We are a busy, friendly, rural NHS Trust providing high-quality care and compassion to more than a quarter of a million people across west Suffolk. We care for, treat and support people in hospital, at home and in various community settings. The West Suffolk Hospital in Bury St Edmunds provides acute and secondary care services (emergency department, maternity and neonatal services, day surgery unit, eye treatment centre, Macmillan unit and children's ward). It has 500+ beds and is a partner teaching hospital of the University of Cambridge. Adult and paediatric community services, provided in collaboration with West Suffolk Alliance partners, include a range of nursing, therapy, specialist, and ongoing temporary care and rehabilitation, some at our Newmarket Community Hospital. We do our utmost to achieve outstanding clinical outcomes for patients and our values of fairness, inclusivity, respect, safety and team work guide how we work and behave as a team. With nearly 5,000 staff, from all over the world, we strive to make our organisation a great place to work. Whatever your role or ambition, we want to help you be the best you can be. We promote a diverse and inclusive community where everyones voice counts and you can #BeKnown for whoever you are. Join us. What will you #BeKnown for?