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Lead Financial Strategist

2 months ago

Sheffield, Sheffield, United Kingdom Sheffield Children's NHS Foundation Trust Full time

Position Overview

We are thrilled to present an opportunity to become a part of Sheffield Children's NHS Foundation Trust as a Lead Financial Strategist. In this pivotal role, you will deliver a comprehensive financial advisory service to the management teams within our Care Groups. Your expertise will guide these teams in understanding the financial implications of strategic decisions and policies.

This is an opportune moment to join our organization as we embark on the implementation of our newly refined clinical and support strategies aimed at enhancing our collaborative efforts in service development for children, young people, and their families. We are eager to foster closer partnerships with clinical and corporate teams as we advance our Value Improvement Programme, focusing on maximizing the quality and value of our services.

We seek a proactive and dynamic professional who can contribute significantly to our dedicated Finance team, assisting the senior management in cultivating an inclusive and diverse workplace while supporting the Trust in achieving its strategic objectives.

Key Responsibilities

  • Collaborate with the Care Group management team to identify and address financial challenges, providing support to facilitate informed decision-making that aligns with Trust objectives and financial plans.
  • Take the lead in forecasting year-end financial positions and developing intricate financial plans and strategies to assist Care Groups in meeting organizational goals.
  • Supervise the Trust's Vacancy Control process for the designated Care Group/Service Area.
  • Offer specialized knowledge to the Care Group on various aspects of financial monitoring.
  • Assist Care Groups in crafting Business cases through the analysis of complex scenarios.
  • Oversee the generation of monthly budget reports and formulate financial action plans in response to identified variances.
  • Support the Finance Business Partner and Head of Financial Management with central reporting duties, delegating tasks to team members as necessary.
  • Collaborate with Care Groups to devise efficiency initiatives, pinpointing target areas, testing plans, and ensuring successful implementation.
  • Manage the trainee management accountant, overseeing their wellbeing, performance evaluations, mandatory training, and attendance.

About Sheffield Children's NHS Foundation Trust

At Sheffield Children's, our mission is clear: to foster healthier futures for children and young people. Our three strategic aims are:

  • Exceptional Patient Care
  • Outstanding Workplace Environment
  • Pioneers in Children's Health

We collaborate effectively with local, regional, and national partners to deliver both physical and mental healthcare across various settings. Our clinicians are recognized nationally and internationally for their expertise, contributing to our reputation for excellence.

We take immense pride in our work and are a welcoming, motivated NHS Trust guided by our CARE values: Compassion, Accountability, Respect, and Excellence. Our nearly 4000 colleagues embody these values, ensuring that our patients and their families receive kind and compassionate care.

As we approach our 150th anniversary, we remain dedicated to enhancing our leadership in children's health, improving experiences for both patients and colleagues, and focusing on community and population health.

Job Responsibilities and Requirements

For comprehensive details, please refer to the job description and person specification.

Commitment to Inclusive Recruitment

We are dedicated to being an inclusive employer, and accurate data capture is vital to ensure we are supportive and representative. We encourage all applicants to see themselves in the available categories on our application form, and we acknowledge that some of our data capture fields may not be inclusive. We are actively working with our system provider to implement necessary changes.

We provide encouragement and support to applicants with additional needs, including those from ethnic minorities, individuals with disabilities, and members of the LGBTQ+ community. If you require adjustments to any aspect of the recruitment process or wish to learn more about our recruitment and selection procedures, please reach out to our Recruitment team.

We continuously review our recruitment and selection processes to champion Equality, Diversity, and Inclusion. If you have suggestions for improvement, we welcome your input.

Qualifications and Experience

Essential Qualifications

  • CCAB qualified/Finalist
  • Degree in Accounting or Finance related field

Desirable Qualifications

  • Management qualification

Essential Experience

  • Proven experience in a financial management role within a large and complex organization
  • Proficiency in various accounting software
  • Experience in preparing and analyzing financial reports, budgets, and forecasts
  • Demonstrated experience in leading a team

Desirable Experience

  • Experience in advising senior leaders
  • Experience in liaising with Commissioners/NHSE

Essential Knowledge and Skills

  • Strong numerical, analytical, and critical reasoning skills
  • Comprehensive knowledge of financial and accounting procedures, demonstrating technical expertise in financial matters
  • Ability to provide guidance on budgetary control principles and explain complex information to non-specialists
  • Capacity to manage a diverse and complex workload efficiently
  • Effective financial management and planning skills
  • Strong negotiation and influencing skills with problem-solving capabilities
  • Confidence and diplomacy in dealing with colleagues at all levels
  • Ability to work independently and make decisions on non-routine tasks without managerial approval

Desirable Knowledge

  • Understanding of current key NHSE policies and their implications for the role/Trust
  • Clear comprehension of the financial framework within the NHS and the ability to communicate this to non-financial colleagues

Personal Attributes

  • Flexible attitude towards various team roles and providing cover for colleagues
  • Commitment to personal, professional, and team development