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Deputy Chief Finance Officer

2 months ago


Gillingham, Kent, United Kingdom Belmontrecruitment Full time
Job Description

Belmont Recruitment is seeking a highly skilled Deputy Chief Finance Officer to join Medway NHS Trust on a 3 to 6 month contract with the possibility of extension. The successful candidate will work 37.5 hours per week and be responsible for providing additional capacity to support the delivery of the Trust's financial plan for 2023/24 and implementing its medium-term financial recovery plan.

Key Responsibilities
  • Financial Planning and Analysis: 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.
  • Reporting and Monitoring: Work with the Finance Team and PMO to ensure clear and consistent reporting of efficiency savings (CIPs), including links to the overall Trust financial position and forecast outturn.
  • Efficiency and Productivity: Collaborate with PMO and Divisional leads to identify and work through additional efficiency opportunities, utilizing relevant benchmark data and tools such as the Model Hospital.
  • Risk Management: Support the CFO to oversee 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.
  • Workforce Optimization: Work with relevant key stakeholders, including the COO and CPO, to identify and implement actions and controls to reduce bank and agency headcount and expenditure (target 50% reduction from 31/24).
  • Financial Recovery Plan: Support the CFO in developing the medium-term financial recovery plan and liaise with key stakeholders at the ICB and other key system stakeholders.
Requirements
  • Experience of working at CFO level or Deputy CFO level in complex, challenging NHS acute providers.
  • Demonstrable experience of contributing to delivery of financial improvement programmes.
  • Demonstrable track record of delivery of challenging objectives / projects / programmes.
  • Effective, credible and convincing communicator.
  • Effective in providing constructive challenge.
  • Effective at collaborative working with key stakeholders.
  • Knowledgeable of NHS financial issues.
  • Qualifications; degree level or equivalent. CCAB qualified.
Location

Kent, Gillingham

Hourly Rate

Negotiable depending on experience