Deputy Chief Financial Officer - Strategy & Improvement

Kings College Hospital; London; On-site; GBP 100,000 - 200,000; Full time

Job summary

An exciting opportunity awaits a visionary financial leader at a prominent teaching Trust in London. As the Deputy Chief Financial Officer, you will play a crucial role in shaping the Trust's financial strategy and enhancing its financial performance. This pivotal position involves leading the finance team, ensuring compliance with financial standards, and driving continuous improvement initiatives. You will collaborate with key stakeholders and present financial insights to diverse audiences. Join a dynamic environment where your leadership will significantly impact healthcare delivery and financial governance. If you are passionate about making a difference in the NHS, this role is for you.

Qualifications

• Degree level education and CCAB qualification required.
• Expertise in NHS accounting policies and financial procedures.

Responsibilities

• Develop and oversee the Trust’s financial strategy and plan.
• Lead the finance team and ensure compliance with financial standards.
• Deputise for the Chief Finance Officer.

Skills

Political judgment

Influencing skills

Understanding complex transactions

Change management

Education

Degree level education

CCAB qualification

Job description

Deputy Chief Financial Officer - Strategy & Improvement

Executives / VSM: Executives / VSM

Main area: Finance

Grade: Executives / VSM

Contract: Permanent

Hours: Full time - 37.5 hours per week

Job ref: 213-CORP-6845115

Employer: King's College Hospital NHS Foundation Trust

Employer type: NHS

Site: Coldharbour Works Building

Town: London

Salary: £100,000 - £200,000 per annum inc HCA's

Salary period: Yearly

Closing: 05/01/2025 23:59

Interview date: 17/01/2025

King’s College Hospital NHS Foundation Trust is one of the UK’s largest and busiest teaching Trusts with a turnover of c£1.7 billion, 1.5 million patient contacts a year and more than 15,000 staff based across 5 main sites in South East London.

Job overview

Are you a visionary financial leader with a passion for driving excellence? If so, an exciting opportunity has arisen to join King's in a pivotal role as the Deputy Chief Finance Officer (Strategy and Improvement).

This role will support the Chief Financial Officer (CFO) and Executive Team in developing and delivering the Trust’s strategy and in improving the Trust’s financial efficiency and performance. They will have corporate responsibility for the Financial Strategy & Planning team which includes financial strategy and planning, continuous improvement, investments, capital, oversight of the cost improvement programme, legal, commercial and contract management.

As one of two nominated deputy CFOs, they will provide day-to-day leadership to the finance team and will be responsible to the CFO for delivery of the required financial support, challenge and analysis. They will be expected to present financial and business information to large groups, such as the whole finance function as well as clinical and non-clinical colleagues from outside of finance.

Main duties of the job

Director of Financial Planning and Performance

• Responsible for the development of the Trust’s financial strategy and plan; and financial oversight of the Trust’s investments and cost improvement programme.
• Responsible for the Trust’s work to enable continuous financial improvement, including delivering and embedding the Trust’s financial governance improvement programme and financial skills development across the finance function and wider Trust.
• Ensure compliance with the Trust’s financial standards of reporting, control and conduct.
• Work with other directors in developing strategic partnership arrangements with key stakeholders and commissioners.
• Deputise for the Chief Finance Officer.

Person specification

Qualifications

• Educated to degree level
• Expert specialist knowledge of financial and accounting procedures including current legislation and NHS accounting policies
• CCAB fully qualified / Professional chartered accountancy qualification
• Evidence of recent CPD including specialist training and experience relating to NHS finance as well as national accounting standards

Experience

• Post-qualification experience as a Director of Finance or Deputy CFO
• Experience of different organisations or parts of large organisations across the healthcare sector (Provider, Commissioning and ALB)
• Experience of the NHS planning process and Payment by Results
• Experience of working in a financial turnaround situation
• Experience of restructuring and outsourcing back-office services

Skills

• Sound political judgment and astuteness in understanding and working with complex policy, information and diverse interest groups
• Highly developed influencing skills with senior health care professionals across the Health Community and external organisations
• Experience of understanding complex transactions or commercial arrangements
• Evidence and demonstrable success of leading and facilitating significant change programmes within finance

IMPORTANT

• Check your email account regularly as this is how we will communicate with you
• If you delete the job from any of your accounts, you may be prevented from accessing further communications
• To enquire about your application or inform us of any changes in your circumstances, please contact the named person on this advert
• Please provide email addresses for referees where possible

King's College Hospital NHS Foundation Trust is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus.