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Chief Finance Officer
2 months ago
Belmont Recruitment are recruiting for a Deputy Chief Finance Officer for Medway NHS Trust. This is a 3 to 6 month contract with the view to extend, working 37.The CFO is seeking an additional Deputy CFO role to provide additional capacity to support it with the delivery of its financial plan for 2023/24 and in implementing its medium-term financial recovery plan.
The postholder will work closely with the CFO, other Executive Directors and other key staff, including the Trust’s Senior Finance Team, PMO and Divisional operational management teams in the following areas:
* Ensuring a clear and robust understanding of the Trust’s financial position and forecast outturn, identifying key drivers and risks, actions and mitigations with relevant stakeholders.
* Working with Finance Team and PMO to ensure clear and consistent reporting of efficiency savings (CIPs), including links to the overall Trust financial position and forecast outturn.
* Work with PMO and Divisional leads to identify and work through additional efficiency opportunities. Identify productivity and efficiency opportunities, utilising relevant benchmark data and tools e.g. Support the CFO to oversee the programme to monitor and manage financial risks and mitigations, to deliver the Trusts revenue financial plan. Ensure that robust action plans are in place to ensure that efficiency targets are met and actions are taken to mitigate income and expenditure risks.
* Work with relevant key stakeholders including the COO and CPO to identify and implement actions and controls to reduce bank and agency headcount and expenditure (target 50% reduction from 31/24)
* Support the CFO in developing the medium-term financial recovery plan. Experience and Qualities:
* Demonstrable experience of contributing to delivery of financial improvement programmes
* Demonstrable track record of delivery of challenging objectives / projects / programmes
* Knowledgeable of NHS financial issues
* Hourly rate is negotiable depending on experience.