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Head of Financial Reporting

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Gateshead Health NHS Foundation Trust

1mo ago

  • Job
    Full-time
    Senior & Expert Level

AI generated summary

  • You will lead financial planning and reporting, coordinate financial information, ensure accuracy in accounts, provide finance support, and collaborate to enhance the Strategic Finance function.
  • You will lead financial planning and reporting, coordinate information for decision-making, support divisions, and enhance financial processes and advice for improved Trust performance.

Requirements

  • The Post Holder Is Required To
  • Lead, in conjunction with the Assistant Director of Finance – Strategic Finance, the financial planning, management and reporting support function, ensuring and maintaining high professional standards particularly in the provision of good quality financial advice and information to Trust managers and clinicians.
  • Coordinate the provision of all financial information, including income and expenditure, as well as forecasting, providing timely and accurate information and advice to facilitate the effective monitoring and management of the Trust’s financial position and to support the decision making process.
  • Be the lead link between the divisions and Corporate Finance in the preparation and completion of statutory/NHS Foundation Trust accounts, costing and financial returns ensuring their accuracy, consistency and timeliness.
  • Provide professional finance support and advice to divisions, with particular reference to the Trust’s Financial Accountability Framework, and Trust’s Transformation and Sustainability programme.
  • Engage with the Assistant Director of Finance and other senior members of the finance team to refine the financial reporting process and products used both internal and external to the Trust.
  • Engage with other senior finance colleagues to ensure the continued improvement and development of a first-class Strategic Finance function.

Responsibilities

  • The Post Holder Is Required To
  • Lead, in conjunction with the Assistant Director of Finance – Strategic Finance, the financial planning, management and reporting support function, ensuring and maintaining high professional standards particularly in the provision of good quality financial advice and information to Trust managers and clinicians.
  • Coordinate the provision of all financial information, including income and expenditure, as well as forecasting, providing timely and accurate information and advice to facilitate the effective monitoring and management of the Trust’s financial position and to support the decision making process.
  • Be the lead link between the divisions and Corporate Finance in the preparation and completion of statutory/NHS Foundation Trust accounts, costing and financial returns ensuring their accuracy, consistency and timeliness.
  • Provide professional finance support and advice to divisions, with particular reference to the Trust’s Financial Accountability Framework, and Trust’s Transformation and Sustainability programme.
  • Engage with the Assistant Director of Finance and other senior members of the finance team to refine the financial reporting process and products used both internal and external to the Trust.
  • Engage with other senior finance colleagues to ensure the continued improvement and development of a first-class Strategic Finance function.

FAQs

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

The main responsibility is to lead the Financial Management and Reporting team, ensuring high professional standards in the provision of financial advice and information to support decision-making within the organization.

What qualifications or skills are preferred for this role?

Candidates should possess strong communication, planning, and problem-solving skills, along with a passion for delivering high-quality patient care.

Is this position part of a team?

Yes, this role involves leading a highly enthusiastic and committed team within the Finance Department.

Will there be opportunities for professional development?

Yes, the position offers continued learning and development opportunities.

What is the working model for this position?

The team operates an agile working model, which includes working from home and on-site at the hospital.

Where is Gateshead Health NHS Foundation Trust located?

The Trust is based in the North East of England, providing services from various facilities including the Queen Elizabeth Hospital, Blaydon urgent care centre, and Bensham Hospital.

How does the Trust prioritize staff wellbeing?

The health and wellbeing of staff is a top priority, and the Trust offers a range of support initiatives as part of their ‘Balance’ program to cater to the diverse needs of their workforce.

What are the Trust's core values?

The Trust's core values, represented by the acronym ICORE, stand for Innovation, Care, Openness, Respect, and Engagement.

Who can I contact for more information about this position?

You can contact Wendy Griffiths, the Assistant Director of Finance - Strategic Finance, via email at wendy.griffiths1@nhs.net or by phone at 01914455231.

What role does the Head of Financial Reporting play in financial planning and reporting?

The Head of Financial Reporting coordinates the provision of all financial information, including income and expenditure forecasts, ensuring timely and accurate reporting to support monitoring and management of the Trust's financial position.

Gateshead Health NHS Foundation Trust

Quality and Excellence in Healthcare. We are an acute and community NHS hospital trust in the North East of England’.

Science & Healthcare
Industry
1001-5000
Employees
1876
Founded Year

Mission & Purpose

Gateshead Health NHS Foundation Trust provides a wide range of healthcare services, including hospital care, outpatient services, and community health programs in the Gateshead area. Their mission is to deliver outstanding, patient-centered care and improve health outcomes through high-quality services. They are committed to enhancing the well-being of their community by offering accessible, effective healthcare solutions and ensuring a positive experience for every patient.