Head of Finance

ZeroAge; Nottingham; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading organization in the healthcare sector is seeking a financial management expert to oversee strategic and operational financial goals. The role involves providing financial advice, leading budgeting processes, and improving financial performance while managing a team. This is an exciting opportunity for a professional with strong leadership skills and a passion for finance.

Qualifications

• Experience managing financial management within a corporate structure.
• Strong understanding of budget processes and financial planning.
• Ability to work collaboratively with boards and senior management.

Responsibilities

• Oversee financial management aspects for the Care Group/corporate area.
• Lead financial planning and budget development processes.
• Provide leadership to the Financial Management team.

Skills

Leadership

Financial Advisory

Strategic Planning

Education

Relevant financial qualifications (e.g., ACCA, CIMA)

Job description

Strategic Responsibilities

1. Provision of financial and commercial advice to achieve strategic and operational goals of the Care Group, Corporate areas, and wider Trust.
2. Support to business leaders and clinicians to enable decision-making for optimal performance.
3. Identification of issues for the Board, Executive Team, or Care Group/Corporate Group.
4. Ensure consistency in advice across the financial management department to promote shared learning and a unified trust approach.
5. Collaborate with the Financial Management department to improve accounting systems and financial reporting, contributing to financial sustainability and efficiency.
6. Deputise for the Assistant Director of Finance as needed on financial management matters.

Financial Management

1. Oversee all aspects of financial management within the Care Group / corporate area, in conjunction with the Associate Head of Financial Management.
2. Review and approve monthly performance reports for distribution.
3. Provide financial advice to the Trust’s Executive team, translating complex issues into management information.
4. Monitor non-financial performance indicators to identify resource optimization opportunities.
5. Work with operational managers to improve productivity and financial performance.
6. Develop recovery measures when performance diverges from plans.
7. Contribute to the evolution of Care Group reporting.

Value Improvement

1. Develop efficiency schemes with senior management, aligning with trust and national requirements.
2. Ensure robust plans are in place for service improvement programs and resources are available.
3. Monitor and review efficiency delivery and financial benefits.
4. Develop financial content for project schemes and promote the use of PLICS for efficiencies.

Planning, Budgeting, and Forecasting

1. Lead financial planning advice for strategic initiatives and new business proposals.
2. Lead the annual budget process, including setting objectives and targets.
3. Identify and quantify service developments, cost pressures, and capital bids.
4. Review and approve budget amendments and ensure robust forecasting.
5. Lead the development of financial recovery plans if needed.

Business Cases

1. Manage the financial aspects of business case development and approval.
2. Ensure financial analysis is accurate and robust, employing investment appraisal techniques.
3. Present business cases to approval groups and lead staff training on financial issues.

Leadership/Management

1. Provide leadership to the Financial Management team, including staff development.
2. Review workload and staffing needs in line with organizational goals.
3. Ensure statutory and mandatory training and appraisal compliance.
4. Manage staff effectively, supporting wellbeing and professional development.
5. Create a culture of empowerment and accountability for service improvement.