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Head of Financial Operations

2 months ago

Coventry, Coventry, United Kingdom UHCW NHS Trust Full time
Job Description

Job Title: Senior Head of Group Finance

Job Summary:

The Senior Head of Group Finance will be an integral member of the clinical groups Board, participating fully in the agenda for both financial and non-financial performance and arising issues.

Key Responsibilities:

  • Provide overall financial leadership and strategic direction, ensuring that finance delivers a high-quality customer-focused service.
  • Take overall responsibility for staff development and performance for the staff in the Financial Management Team.
  • Take overall responsibility for the regular reporting of financial performance management information to the groups and to the relevant Trust Committees/Board.
  • Ensure efficiency, effectiveness, integrity, and business focus of financial systems and processes across the groups.
  • Take a strategic lead for ensuring that the Group operational expenditure is fit for purpose for Service Line Reporting.
  • Deputise for the Associate Director of Financial Management and the Group Management Team as and when appropriate.
  • Make decisions within their own interpretation and understanding of national policies and professional standards.

Line Management Responsibilities:

  • Manage and provide leadership and direction to the members of the group finance team.
  • Provide strategic, financial, and individual objectives to each member of staff.
  • Line manage staff within their respective financial management teams.
  • Take responsibility for recruitment and selection decisions, appraisal, performance management, sickness absence, planning, and agreeing monitoring of departmental workload.

Development and Training:

  • Develop the skills and competencies of staff through training and development activities.
  • Ensure progress towards individual Personal Development Plans is maintained, reviewed, and updated.
  • Support the development and maintenance of the Financial Management training programmes for clinicians and managers at all levels throughout the Trust.

Compliance and Governance:

  • Ensure own and the team compliance with the Trust's mandatory training requirements.

About the Trust:

University Hospitals Coventry and Warwickshire NHS Trust is a leading teaching Trust in the UK, rated as good by the Care Quality Commission.

We are proud of our employees across our hospital sites, with high-quality patient care at the heart of everything we do.

We boast some of the most modern facilities in Western Europe, renowned for being at the forefront of research and innovation.

We are committed to building an organisation that makes full use of the talents, skills, experience, and different perspectives available in our diverse society.

We want everyone to feel they are respected, valued, can achieve their potential, and receive the most appropriate and relevant care.

We will create an environment where the equality and human rights principles of fairness, respect, equality, dignity, and autonomy are promoted and are part of the organisation's core values.

Requirements:

  • Provide support and advice to Groups during the production of business cases.
  • Advise on financial risks and articulate both long and short-term consequences to enable decision making.
  • Ensure that the Associate Director of Financial Management is aware of financial consequences of business cases being approved or in the planning pipeline.
  • Work with the Groups to ensure that benchmarking data provided from the Performance and Information Department is understood at an operational level.
  • Utilise this information together with value for money audits to ensure best practice and optimal utilisation of resources.
  • Work with procurement to negotiate external contracts with suppliers, including provision of financial advice on the outcome of tender evaluations.