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Head of Financial Improvement

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The Hillingdon Hospitals NHS Foundation Trust

10d ago

  • Job
    Full-time
    Senior & Expert Level

AI generated summary

  • You need strong problem-solving, influencing skills, experience in financial processes, and the ability to collaborate with various teams to identify cash-saving opportunities and develop savings plans.
  • You will identify cash-saving opportunities, prepare leadership documentation, support workstream leads, review financial processes, and contribute to savings plans and budget setting.

Requirements

  • - Working with SROs and work stream leads to take an evidenced based approach to identifying new cash releasing opportunities.
  • - Preparing content and documentation for discussion at leadership levels.
  • - Supporting workstream leads through providing problem solving and using influencing and negotiating skills, escalating issues as necessary.
  • - Work closely with PMO, financial management, capital accounting, business analytics and financial accounting colleagues.
  • - Lead review of financial processes and structures to ensure they are fit for purpose and efficient.
  • - Support development of future savings plans and provide input into annual business planning process and budget setting.

Responsibilities

  • - Working with SROs and work stream leads to take an evidenced based approach to identifying new cash releasing opportunities.
  • - Preparing content and documentation for discussion at leadership levels.
  • - Supporting workstream leads through providing problem solving and using influencing and negotiating skills, escalating issues as necessary.
  • - Work closely with PMO, financial management, capital accounting, business analytics and financial accounting colleagues.
  • - Lead review of financial processes and structures to ensure they are fit for purpose and efficient.
  • - Support development of future savings plans and provide input into annual business planning process and budget setting.

FAQs

What is the main responsibility of the Head of Financial Improvement?

The main responsibility of the Head of Financial Improvement is to identify opportunities for savings and efficiencies, support the development of robust and evidence-based plans, and oversee the realization of benefits within the Financial Improvement Programme.

Who will the Head of Financial Improvement report to?

The Head of Financial Improvement will report to the Director of Productivity and Efficiency and the Deputy Chief Finance Officer (DCFO).

What skills are required for this role?

The role requires resilience, political acumen, strategic vision, tactical skills, and strong leadership abilities to effectively collaborate with individuals and teams across the Trust.

Is experience in financial management necessary for this role?

Yes, extensive experience in finance management is essential, as this position bridges the gap between financial and operational performance within the organization.

What type of environment will the Head of Financial Improvement be working in?

The post holder will be working in a complex and fast-paced environment, which demands dynamic leadership and collaboration.

Will the Head of Financial Improvement be involved in developing business cases?

Yes, the Head of Financial Improvement will support the development of business cases as part of their responsibilities.

What types of colleagues will the post holder collaborate with?

The post holder will work closely with clinical divisions, support services, PMO, program managers, financial management, capital accounting, business analytics, and financial accounting colleagues.

Does the role involve preparation for leadership discussions?

Yes, part of the role involves preparing content and documentation for discussion at leadership levels.

What is the ultimate goal of the Hillingdon Hospitals NHS Foundation Trust?

The ultimate goal of the Trust is to provide high quality, safe, and compassionate care while driving improvements and efficiencies in service delivery.

How does the Trust ensure patient and staff safety?

The Trust prioritizes patient and staff safety by making urgent improvements, particularly in infection prevention and control, and by collaborating with local GPs, charities, community services, academic partners, and the local authority.

Who can I contact for more information about this role?

For further details or informal visits, you can contact Joanne Hunter, the Director of Productivity and Efficiency, at joanne.hunter1@nhs.net.

The Hillingdon Hospitals NHS Foundation Trust

We provide clinical services to over half a million patients a year, including over 94,000 in our Emergency Department.

Science & Healthcare
Industry
1001-5000
Employees
1991
Founded Year

Mission & Purpose

The Hillingdon Hospitals NHS Foundation Trust provides a range of healthcare services in Hillingdon, including acute, emergency, and elective care. Their mission is to deliver high-quality, patient-centered care, ensuring safety and improving health outcomes. Their purpose is to enhance community well-being by offering excellent clinical services, advancing medical practice, and supporting health education and research.