Deputy Director of Finance

Bolton NHS Foundation Trust

Oct 30

Applications are closed

Job
Full-time
Expert Level
Accounting & Tax
Banking & Finance

Requirements

In fulfilling this role they will be required to establish goals and standards to be achieved from a corporate financial perspective, reflective of any issued guidance both internally or given by our regulators. They must deputise for the Director of Operational Finance & Chief Finance Officer as appropriate and undertake all duties in line with the requirements of the role to support the delivery of:
Financial governance and assurance
Advice across a range of capital and revenue service changes
Corporate responsibilities as a senior member of the Trust
The post-holder will be accountable for the review of all complex business cases and financial evaluation of Trust proposals. This will include understanding the local health economy and the potential impact of developments within other Trusts or ICB.
They will be accountable for recruiting, managing and development a team of staff who will provide a professional service to the Trust. This will involve managing professional and personal development needs.

Responsibilities

This post has corporate responsibility for all aspects of the operationalisation of the Trust’s financial strategy on a day to day basis.
The post holder has direct line management of senior staff within the department and holds a significant standing within the organisation as a whole.
The post holder will also have a key supporting role in the development of the following strategies; CIPs, operational planning, financial planning & reporting.
They will lead on the production of accurate and timely monthly financial information for reports to the Board of Directors, Board Sub Committees and other committees.
They will be required to interpret complex and changing national policy and advise on the financial impact and expected duties coming out of the policy for the Trust and partners.
The post holder will lead the delivery of annual financial plans and their translation into agreed budgets across the organisation, inclusive of required CIP targets.
In addition, the post holder leads on improving the development of PLICs with clinical engagement.
They will also lead the information agenda to support continued operational performance.
The post-holder will be accountable for the review of all complex business cases and financial evaluation of Trust proposals.
This will include understanding the local health economy and the potential impact of developments within other Trusts or ICB.
They will be accountable for recruiting, managing and development a team of staff who will provide a professional service to the Trust.
This will involve managing professional and personal development needs.

FAQs

What are the main responsibilities of the Deputy Director of Finance?

The main responsibilities include operationalizing the Trust’s financial strategy, managing senior staff within the department, producing accurate monthly financial reports, interpreting national policy changes, leading the delivery of financial plans and budgets, and improving financial engagement with clinical teams.

Is there any requirement for experience in financial governance?

Yes, the post-holder must have experience in financial governance and assurance, as they will be responsible for establishing goals and standards from a corporate financial perspective.

What kind of team will I be managing in this role?

You will be managing a team of staff who are focused on providing professional financial services to the Trust, including recruiting, managing, and developing their professional and personal development needs.

Will I be required to engage with external stakeholders?

Yes, the role involves understanding the local health economy and the impact of developments within other Trusts or Integrated Care Boards (ICBs), which requires engagement with various stakeholders.

How often are financial reports produced in this role?

Financial reports are produced on a monthly basis for presentation to the Board of Directors, Board Sub Committees, and other committees.

Is there an opportunity to influence financial planning strategies?

Yes, the Deputy Director of Finance will play a key supporting role in the development of financial strategies such as Cost Improvement Plans (CIPs) and operational planning.

What kind of qualifications or expertise is required for this position?

The job requires expertise in financial management and strategy, as well as the ability to provide effective and innovative financial solutions in a corporate environment.

Who can I contact for further details or to arrange an informal visit?

You can contact Will Griffiths, the Director at Seymour John, via email at will@seymourjohn.com or by phone at 07818 693596 for further details or to arrange an informal visit.

Bolton NHS Foundation Trust

Science & Healthcare

Industry

1001-5000

Employees

2001

Founded Year

Mission & Purpose

Bolton NHS Foundation Trust provides a wide range of healthcare services, including emergency, elective, and outpatient care at its hospitals and clinics in Bolton. Their ultimate mission is to deliver exceptional, patient-centered care that enhances health outcomes and supports community well-being. Their purpose is to offer high-quality medical services, improve patient experiences, and ensure accessible, compassionate care tailored to the needs of the local population.