Senior Head of Group Finance

Job overview

An exciting opportunity to join the Financial Management team at UHCW as the Senior Head of Group Finance. This will be an integrated vital member of the Groups Board and will participate fully in the agenda for both financial and non-financial performance and arising issues.

The Senior Head of Group Finance will be supporting the Core and ET&R Group to provide overall financial leadership and strategic direction ensuring that finance delivers a high-quality customer focused service.

They will take overall responsibility for staff development and performance for the staff in the Financial Management Team.

They will take overall responsibility for the regular reporting of financial performance management information to the groups that they support and to the relevant Trust Committee’s/Board as part of the Integrated Finance Report.

They will take a strategic lead for ensuring that the Group operational expenditure is fit for purpose for Service Line Reporting.

They will deputise for the Associate Director of Financial Management and the Group Management Team as and when appropriate.

They will be required to make decisions within their own interpretation and understanding of national policies and professional standards.

There will also be an opportunity to rotate to the financial services department to help enhance individual skills and knowledge who want to progress onto Deputy roles in the future.

Main duties of the job

• The post will manage and provide leadership and direction to the members of the group finance team, providing strategic, financial, and individual objectives to each member of staff.
• Line manage staff within their respective financial management teams, taking responsibility for recruitment and selection decisions, appraisal, performance management, sickness absence, planning, agreeing monitoring of departmental workload.
• Developing the skills and competencies of staff through training and development activities, ensuring 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. Actively contribute to content and running of sessions.
• Ensure own and the team compliance with the Trust’s mandatory training requirements.

Detailed job description and main responsibilities

• Provide support and advice to Groups during the production of business cases. This will include the application of recognised investment appraisal techniques to improve decision making. The Senior Head of Group Finance should advise on financial risks and be able to articulate both long and short term consequences to enable decision making.
• The Senior Head of Group Finance should 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, and 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.

For further details of the role please see the attached job description.