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Deputy Chief Financial Officer

2 months ago

Gillingham, Kent, United Kingdom Belmont Recruitment Full time

Job Title: Deputy Chief Financial Officer

Job Reference: Not Applicable

Location: Not Applicable

Job Type: Contract

Contract Length: 3 to 6 months

Contract Type: Full-time

Salary: Negotiable depending on experience

About the Role:

The Chief Financial Officer of Medway NHS Trust is seeking a highly skilled and experienced Deputy Chief Financial Officer to provide additional capacity to support the delivery of the Trust's financial plan for 2023/24 and in implementing its medium-term financial recovery plan.

Key Responsibilities:

  • Ensure 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.
  • Work with the Finance Team and Project Management Office (PMO) to ensure clear and consistent reporting of efficiency savings (Cost Improvement Programmes), including links to the overall Trust financial position and forecast outturn.
  • Collaborate with the PMO and Divisional leads to identify and work through additional efficiency opportunities, utilizing relevant benchmark data and tools.
  • Support the Chief Financial Officer in overseeing the programme to monitor and manage financial risks and mitigations, to deliver the Trust's 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 Chief Operating Officer and Chief Procurement Officer, to identify and implement actions and controls to reduce bank and agency headcount and expenditure (target 50% reduction from 2023/24).
  • Support the Chief Financial Officer in developing the medium-term financial recovery plan.

Requirements:

  • Demonstrable experience of contributing to the delivery of financial improvement programmes.
  • Demonstrable track record of delivery of challenging objectives, projects, or programmes.
  • Knowledgeable of NHS financial issues.