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For Companies At a Glance
- Tasks: Lead financial reporting and analysis for an NHS organisation, ensuring accurate monthly management reports.
- Company: Join a reputable NHS organisation dedicated to improving healthcare financial management.
- Benefits: Enjoy a competitive salary, professional development opportunities, and the chance to make a real impact.
- Why this job: This role offers visibility and influence, shaping financial strategies in a vital healthcare setting.
- Qualifications: Qualified accountant with NHS financial management experience; strong communication and leadership skills required.
- Other info: Full-time position with a salary range of £76,965 - £88,682.
The predicted salary is between 76000 - 89000 £ per year.
Overview
An NHS organisation is seeking an experienced Head of Financial Management to lead the reporting across the divisions.
Working closely with the CFO and the Finance Business Partnering team, you will take ownership of coordinating and producing consolidated monthly management and board reports. These will highlight the organisation’s actual and forecast financial position, analyse key variances, and provide insights into the drivers behind activity and performance. In addition, you will lead the annual business planning, forecasting, and budget-setting processes, ensuring the budget meets both organisational and regulatory requirements, while securing engagement and approval from operational divisions. You will also play an important role in developing Service Line Reporting further to drive greater understanding of the organisation’s financial performance and inform decision-making.
You should be a qualified accountant (or equivalent) with a strong track record in NHS financial management. Experience as a Senior Finance Manager or Head of Financial Management within a healthcare provider is highly desirable, ensuring you bring a comprehensive understanding of the NHS financial regime and the complexities of multi-service environments. Excellent communication and influencing skills are essential, along with the ability to lead, inspire, and collaborate effectively across teams.
This is a visible and influential role, offering the opportunity to make a real impact on the quality of financial management service delivered and to help shape the plans of the organisation. For the right candidate, this will be a challenging yet professionally rewarding position.
Band 8C salary range: £76,965 – £88,682
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Finance and Accounting/Auditing
Industries
- Hospitals and Health Care
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Interim Head of Financial Management employer: Allen Lane
Contact Detail:
Allen Lane Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Head of Financial Management
✨Tip Number 1
Network with professionals in the NHS finance sector. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the organisation's culture and expectations, making you a more attractive candidate.
✨Tip Number 2
Familiarise yourself with the latest NHS financial regulations and reporting standards. Being well-versed in these areas will not only boost your confidence but also demonstrate your commitment to staying updated in this ever-evolving field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully led financial management initiatives in previous roles. Highlighting your achievements in budget-setting and forecasting will showcase your capability to handle the responsibilities of this position.
✨Tip Number 4
Practice your communication skills, especially in explaining complex financial concepts in simple terms. As this role requires collaboration across teams, being able to convey your ideas clearly will set you apart from other candidates.
We think you need these skills to ace Interim Head of Financial Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in NHS financial management and any relevant qualifications. Emphasise your previous roles as a Senior Finance Manager or Head of Financial Management, showcasing specific achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your understanding of the NHS financial regime and your ability to lead and inspire teams. Use specific examples from your past experiences to demonstrate how you can contribute to the organisation's financial management service.
Highlight Key Skills: In your application, focus on your excellent communication and influencing skills. Provide examples of how you've successfully collaborated across teams and led initiatives that improved financial reporting or decision-making processes.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A well-presented application reflects your attention to detail, which is crucial for a role in financial management.
How to prepare for a job interview at Allen Lane
✨Showcase Your Financial Expertise
Make sure to highlight your qualifications and experience in NHS financial management. Be prepared to discuss specific examples of how you've successfully managed budgets, forecasts, and reports in previous roles.
✨Demonstrate Leadership Skills
Since this role requires leading teams and influencing stakeholders, be ready to share instances where you've inspired or collaborated with others. Discuss your approach to team dynamics and how you handle challenges.
✨Understand the Organisation's Needs
Research the NHS organisation thoroughly before the interview. Familiarise yourself with their financial position, recent reports, and any challenges they may be facing. This will help you tailor your responses and show that you're genuinely interested.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about how you would approach issues like budget overruns or variances in financial reporting, and be ready to articulate your thought process.
