Lead Finance Business Strategist

3 weeks ago

Middlesbrough, Middlesbrough, United Kingdom South Tees Hospitals NHS Foundation Trust Full time

Position Overview

The successful candidate will play a pivotal role within the Senior Finance team, primarily overseeing the comprehensive management and performance of the financial operations within the Trust. This role involves spearheading the formulation and execution of the Financial Strategy, ensuring that robust, efficient, and business-oriented financial systems and processes are established and maintained.

The individual will supervise the Financial Management team, including direct oversight of Finance Business Partners, with the objective of cultivating a thorough and effective financial management service. This includes coordinating the annual budgeting process in alignment with the Operating Plan and Cost Improvement Plan.

Key Responsibilities

  • Oversee the daily operations of the Financial Management department.
  • Direct the annual budgeting process.
  • Provide financial insights to influence strategic and operational decisions.
  • Analyze, interpret, and enhance financial performance.
  • Offer guidance on planning assumptions, both external and internal contexts, benchmarking, and commercial prospects.
  • Assess, advise on, and mitigate financial risks within the organization.
  • Challenge practices that do not adhere to the Trust's financial regulations.
  • Foster and maintain a high level of expertise and skills within the financial management department.

About South Tees Hospitals NHS Foundation Trust

Leadership and Development Training

South Tees Hospitals NHS Foundation Trust is committed to providing leadership and development training for all new staff. This program is designed to enhance leaders' understanding of management and leadership skills. Participation in the leadership development program and the Quality Improvement Programme is expected. This initiative aims to:

  • Explore leadership dynamics within the NHS
  • Promote Trust Values and Behaviors
  • Enhance leadership effectiveness and skills
  • Equip participants with practitioner-level skills in quality improvement, enabling them to lead and implement quality enhancements within their roles

Upon completion of this comprehensive training, participants will have the opportunity to pursue further leadership and improvement training initiatives.

Job Responsibilities

A detailed job description and person specification can be accessed upon application.

Qualifications

Essential

  • CCAB qualified accountant or equivalent costing experience
  • Demonstrated commitment to ongoing professional and management development

Desirable

  • Participation in leadership and development improvement programs

Knowledge Requirements

Essential

  • Familiarity with the NHS Costing regime
  • In-depth understanding of the strategic and policy framework, performance management, and financial structure of the NHS
  • Proficiency in project management
  • Comprehensive knowledge across various financial disciplines, including financial accounting, management accounting, and capital accounting

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