Head of Financial Management

The Shrewsbury and Telford Hospital NHS Trust; Shrewsbury; On-site; GBP 60,000 - 80,000; Full time

Job summary

The Shrewsbury and Telford Hospital NHS Trust seeks a Head of Financial Management to lead financial performance and reporting across the Trust. This role involves ensuring effective financial systems, supporting key financial targets, and promoting strong financial controls. Join an award-winning team committed to excellence in patient care and service transformation.

Qualifications

• Experience in financial management and reporting.
• Ability to lead and coordinate financial teams.

Responsibilities

• Coordinate financial performance, planning, and reporting activities.
• Ensure effective financial systems and accurate forecasting.
• Support production of statutory annual accounts.

Skills

Financial Management

Financial Reporting

Forecasting

Financial Modelling

Job description

Job Overview

Working with the Director of Finance and Deputy Director of Finance, the Head of Financial Management will coordinate financial performance, planning, and reporting activities across the Trust, which has a budget of approximately £600m and around 7,000 staff. The role involves supporting the delivery of key financial targets and regulatory requirements, and developing the financial performance framework as part of the leadership team. The post holder will lead, coordinate, and direct the Trust's financial management teams to provide excellent financial information supporting short and medium-term financial plans.

The post also involves supporting the implementation of the Hospital Transformation Programme (£312m capital investment), taking a lead on revenue changes, collaborating with clinical colleagues on skill changes, and monitoring benefits.

As part of the finance leadership team, the post holder will promote an organisational culture aligned with the Trust's Vision and Values, engaging staff, service users, and stakeholders in quality improvement and service transformation.

Main Duties of the Job

• Ensure effective financial systems are in place for understanding current performance, variances, and drivers, with accurate forecasting.
• Coordinate the production of the Trust's monthly management accounts and ensure timely and accurate financial reporting.
• Define quality assurance processes for reports, ensuring validations and reconciliations are completed.
• Implement rigorous review processes for monthly and annual forecasts, with operational ownership.
• Support the production of statutory annual accounts, including information provision and stock-take coordination.
• Promote strong financial controls within the Trust, managing financial policies and delegations.
• Oversee business case development and financial modelling to support sound financial decision-making.

Working for Your Organisation

Join us at The Shrewsbury and Telford Hospital NHS Trust, where our passion for excellence drives everything we do. We aim to provide high-quality, safe care in a supportive environment. Our vision is 'To provide excellent care for the communities we serve,' guided by our core values: Partnering, Ambitious, Caring, and Trusted. We are committed to continuous improvement and making a real difference in the lives of patients and families.

The Trust's finance department has recently been recognized with awards from HFMA, including Finance Team of the Year and Havelock Training Awards. Join our award-winning team and be part of our ongoing success.

Detailed Job Description and Main Responsibilities

For full duties and responsibilities, please refer to the attached document entitled Job Description.