Chief Financial Officer

London Bridge Hospital; Wellington; On-site; GBP 80,000 - 130,000; Full time

Job summary

A leading healthcare provider in the UK is seeking a Chief Financial Officer to oversee financial activities and support strategic goals at the Wellington Hospital. The role involves advising on financial management, leading teams, and ensuring compliance with financial regulations, all whilst maximizing resources for continued success.

Qualifications

• Educated to degree level, with a Master's or equivalent qualification.
• Full qualification in one of the individual CCAB bodies or CIMA required.
• Experience in budget and manpower management.

Responsibilities

• Act as financial advisor to the Hospital leadership team, ensuring understanding of financial risks.
• Lead the financial analysis and business case development for major projects.
• Ensure financial management systems are robust and comply with legal requirements.

Skills

Effective influencing skills

Negotiating skills

Strategy formulation skills

Financial management skills

Education

Degree level education

Masters or equivalent

Full qualification in CCAB or CIMA

Job description

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Originally founded over 50 years ago by Dr Thomas Frist, HCA has gone on to become one of the world’s leading healthcare providers. In the UK, we’re one of the largest providers of privately funded healthcare and have invested over £500 million in the latest treatments, technology, techniques, medication and facilities. Being part of a large multisite, established healthcare group we can offer you unrivalled opportunities for career progression through internal and external courses, as well as working conditions that prioritise both your mental and physical wellbeing.

Based in St Johns Wood, North West London, The Wellington Hospital is the largest private hospital in the UK, offering a wide range of acute and cutting-edge healthcare services including Robotic assisted surgeries, a Hybrid imaging unit, cancer, haematology and chemotherapy treatment and encompasses a 30-bed intensive care unit specialising in cardiac and neurology care.

About the position:

As a key member of the Senior Management team, the Chief Financial Officer reports to the Chief Executive Officer and assumes a strategic role in the overall management of the facility. The CFO will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the facility which includes direct responsibility for accounting, finance, forecasting, strategic planning and workforce planning.

Duties and Responsibility

• As CFO, you will act as financial advisor to the Hospital leadership team, ensuring there is clear understanding of financial risks and opportunities and lead the dynamic and flexible use of financial resources to support the hospitals ongoing development.
• Provide vision, direction and leadership in enabling the facility to achieve its strategic goals and objectives, whilst supporting the teams reporting into you to ensure their delivery is aligned with strategic intent.
• Work with colleagues to maximise the value of resources invested in the hospital, seeking opportunities to review and improve existing models of delivery for both clinical and non-clinical services.
• Lead the hospital’s productivity management by working with the leaders and HOD’s to achieve targets and effectively manage the workforce
• Lead the financial analysis and business case development for major projects
• Coordinate with key consultants to create alignment while maximising margin opportunities
• Work with the facility Senior Management Team and colleagues in Corporate Finance to ensure the facility complies with its financial, accounting, auditing and information obligations and related duties.
• Ensuring financial management systems are in place and sufficiently robust to enable to facility to meets its objectives and report on performance, in accordance with legal and regulatory requirements.
• Ensure that staffing processes agree with budget i.e. staffing matrices, schedules etc.
• Be accountable for accrual protocol, ensuring all HOD’s are aware of their responsibilities.
• Work with Contracts and International Marketing departments to develop policies and procedures for the extension of packages prices for international patients and monitor compliance.

To lead the annual business planning cycle for the facility and manage the preparation for the facility Monthly Operational Review meetings with Head Office Executives

Skills and experience

• Educated to degree level with a Masters or equivalent qualification or experience.
• Full qualification in one of the individual CCAB bodies or CIMA
• Experience of budget and manpower management.
• Effective influencing and negotiating skills with adaptable presentation skills.
• Well-developed strategy formulation skills
• Highly developed financial management skills so as to sustain and develop the hospital as a successful company
• Experience in the leadership and development of a high functioning team.