Deputy CFO for Financial Strategy

Barking, Havering and Redbridge University Hospitals NHS Trust; Romford; On-site; GBP 85,000 - 110,000; Full time

Job summary

A leading healthcare organization in Romford seeks an experienced Deputy CFO to lead financial sustainability initiatives. The candidate will develop a 5-year financial improvement strategy, emphasizing collaboration and data-driven insights to enhance patient and resident value. A strong analytical background and excellent communication skills are crucial. The position encourages applications from diverse communities and offers flexibility in working arrangements. Salary is inclusive of standard allowances.

Qualifications

• Advanced analytical understanding needed for guiding sustainable financial improvement.
• Sound judgment required for fiscal planning and execution.
• Excellent communication skills essential for leadership engagement.

Responsibilities

• Develop and maintain the financial improvement strategy over five years.
• Drive delivery plans with Finance Business Partners and operational teams.

Skills

Analytical understanding

Communication skills

Critical thinking

Job description

You will provide compassionate leadership within the finance function and more broadly as a senior leader within BHRUT and the NEL Integrated Care System. They will drive delivery of financial sustainability through an uncompromising focus on value for the benefit of patients and residents. As a Finance function we are aiming to provide outstanding customer focused services, maximising opportunities from collaboration and digital.

Responsibilities

1. Developing and maintaining the Trusts 5-year sustainable financial improvement strategy, based on evidence of waste.
2. Converting this insight into robust delivery plans through the Finance Business Partners, working with operational, clinical and corporate teams to deliver recurrent financial improvement.

It is increasingly important that we are patient/customer focused and guided by evidence - an approach that is well developed by some of the most successful organisations in the world. This means leveraging value from big data, converting it into actionable intelligence and developing the compelling case for change which engages our leadership teams, Trust Board and system partners in a way that drives positive and successful change. The Trust is implementing a new Electronic Patient Record in November 2025 putting BHRUT on the same platform as other providers in NEL which will materially increase the volume, complexity and speed of data but will equally increase the opportunity and demand for data driven insight.

This is a highly specialist area requiring a Deputy CFO with advanced analytical understanding, sound judgement and excellent communication skills to guide the organisations sustainable financial improvement journey. Through the Financial Strategy and Insight team we will replace ad-hoc and externally supported pieces of work such as drivers of deficit, instead being able to answer the question, how much do we waste, where and why? This knowledge will drive improvement in productivity which is crucial to sustainable finance given existing NEL underlying deficits and population growth of 300,000.

North East London (NEL) has a richly diverse population of around two million residents, with significant health inequalities and some of the fastest demographic growth in the country. BHRUT serves around 40% of this population and spends over £1bn of revenue and approximately £50m of capital each year. The Trust is looking to further improve value for money from this expenditure and drive the organisation to a sustainable, breakeven financial position.

All salaries are inclusive of standard allowances e.g. High Cost Area for staff on Agenda for Change contracts. We are committed to safeguarding children and adults at risk and expect all staff and volunteers to share this commitment. We also operate strict screening procedures for posts with access to vulnerable adults and children.

We are an equal opportunity employer welcoming applications from all sections of the community and welcomes applications from people wishing to job-share, either with or without a partner. Applicants who consider themselves to have a disability (as defined by the Equality Act 2010) will be shortlisted for interview if they meet the essential criteria.

We appreciate your flexibility requirements and will consider part‑time hours and flexible working. Please discuss your flexibility requirements with the recruiting manager.