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Associate Director of Finance

2 months ago


Newport, United Kingdom St Joseph's Hospital Full time €70,000

Job Title: Associate Director of Finance

Department: Finance

Responsible to: Finance Director

Hours of Work: Full Time (37.5 hours per week)

Salary: £70,000 per annum plus company benefits

Job Summary

As the Associate Director of Finance you will play a crucial role in the financial management of the Hospital. You will work closely with the Finance Director to develop and implement financial strategies, oversee financial operations, and provide financial guidance to senior management. You will also be responsible for ensuring the accuracy and reliability of financial information, managing financial risks, and contributing to the overall financial success of the organisation.

Key Responsibilities

  • Assist the Finance Director in developing and implementing financial strategies, policies, and procedures to support the organization's financial objectives.
  • Ensure the accuracy and integrity of financial information by conducting regular audits and reconciliations.
  • Analyse the company’s performance and advise the Senior Management Team on financial strategy.
  • Collaborate with other departments to develop and monitor departmental budgets, and to ensure compliance with financial policies and regulations.
  • Lead and promote a culture of continuous improvement, driving value and efficiency wherever possible.
  • Conduct service reviews to identify risks and opportunities and make recommendations to aid with business decision making.
  • Manage and mitigate financial risks by implementing effective controls and risk management strategies.
  • Provide leadership and guidance to the Finance Manager and finance team members, fostering a positive and collaborative work environment.
  • Prepare and present financial reports and presentations to the Finance Director, senior management, and other stakeholders.
  • Attend meetings with external stakeholders, such as auditors, to address financial matters and provide necessary information and documentation.

Required Skills

  • Strong financial acumen and understanding of financial principles, regulations, and best practices.
  • Excellent analytical and problem-solving skills, with the ability to identify and resolve complex financial issues.
  • Proficiency in financial reporting and analysis tools, as well as spreadsheets and financial management software.
  • Exceptional attention to detail and a high degree of accuracy in financial data analysis and reporting.
  • Strong leadership and management skills, with the ability to motivate and develop a finance team.
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal and external stakeholders, communicate with all levels within the organisation.
  • Ability to present financial information to non-finance members of staff.
  • Proactive and results-oriented mindset, with the ability to work independently and meet deadlines.
  • Knowledge of financial risk management strategies and the ability to implement effective controls.
  • Strong ethical standards and the ability to maintain confidentiality in handling financial information.
  • Ability to adapt to changing priorities and work in a fast-paced, dynamic environment.

Required Qualifications

  • Professional certification such as ACA, ACCA, CIMA or CIPFA (or equivalent).
  • At least 5 years of post-qualification experience in senior finance or accounting roles, with increasing levels of responsibility and leadership.
  • Proven track record of successful financial management and strategic decision-making.
  • Experience in budgeting, forecasting, and financial planning processes.
  • Demonstrated experience in management.
  • Strong knowledge of financial regulations and compliance requirements.
  • Proficiency in financial software and systems along with strong demonstrated use of Excel, Word and Powerpoint.
  • Demonstrated ability to work effectively with cross-functional teams and senior management.
  • Excellent written and verbal communication skills.

Company Benefits

  • Competitive salary
  • Enhanced annual leave – 35 days holiday as a minimum (full time entitlement)
  • Private Medical Insurance for you and a nominated family member
  • Private pension
  • Training and development programmes
  • Blue Light Card
  • Free on-site parking
  • Access to Mental Health helpline
  • Access to assistance with Medical Diagnostics, Medical Treatment, and Physiotherapy.
  • Subsidised freshly made food and drinks.
  • Eyecare vouchers
  • Family vouchers
  • Access to UK GP 24/7
  • Discounted gym membership

Additional Information

  • Taking reasonable care for the health and safety of yourself and of other persons who may be affected by your acts or omissions at work in accordance with the Health and Safety at Work Act 1974, the hospitals Safety, Health and Environment Policies and procedures and to cooperate with the hospital on any legal duties placed on it as the employer.
  • This job description is not designed to be an exhaustive list of duties and responsibilities but represents the current key areas of work. There will be additional duties and responsibilities implicit within the role.
  • The post holder’s duties will at all times, be carried out in compliance with Hospital policies and procedures. In particular, the post holder will act in accordance with the Equal Opportunities, Grievance, Disciplinary and Health & Safety Policies, as well as dealing with complaints, confidentiality and quality matters.
  • Staff may be required to work in any department to meet the needs of the service, with potentially variable patterns of work that may include weekend working.
  • The post-holder must at all times respect the confidentiality of information in line with the requirements of the Data Protection Act and ensure compliance with associated legislative and Hospital policy.

In order to apply please send your CV and Letter of Application to jillduggan@stjosephshospital.co.uk