Costing, Currency and Financial Transformation Lead in Leatherhead

Key Responsibilities

• Lead the development and maintenance of the programmes unit-cost library and currency-costing models, drawing on PLICS, the National Cost Collection and existing Finance processes.
• Lead the management and development of local pricing strategies that support the clinical and financial sustainability of services.
• Develop a routine approach to benchmarking the Trust's service costs and productivity data to identify and drive internal value opportunities.
• Use costing information to support long-term financial sustainability across all services and contracts.
• Oversee the continuous development of costing information to support PLICS implementation and the link to the national costing and payment system, linking into relevant regional and national networks.
• Enhance the dissemination and understanding of key productivity and costing information and support the requirement to embed this within existing financial reporting.
• Advise the Board and its sub-committees on known or proposed changes to NHS national costing guidance, highlighting risks and recommending mitigating action as appropriate.
• Lead the Trust's preparation for emerging NHS currency and payment models, ensuring organisational readiness for future national policy changes.
• Develop robust activity and costing information to support the design, testing and implementation of new currencies.
• Work with commissioners, ICS partners and regional networks to interpret and respond to developments in mental health currencies and payment approaches.
• Ensure the Trust understands the financial implications, risks and opportunities associated with changes to national payment mechanisms.
• Advise executive leaders on the strategic impact of changes to currency design and reimbursement models.
• Work with the Finance Team and Digital Team to maximise the Trust's use of core systems (e.g. clinical activity, outsourced data, finance and HR systems) in support of costing.
• Work with Business Intelligence (BI) to develop dashboards illustrating the relationship between activity, cost, income, service contribution, and net operating position.
• Support the Trust's Strategy by contributing to initiatives that build financial awareness, costing knowledge, and SLR capability.
• Support the Trust's contribution to national costing methodology and services by engaging with external groups and contributing to policy development.
• Support the ongoing training and development of the Finance and SITI teams, ensuring staff maintain the skills and continuing professional development needed to deliver a high-quality service.
• Support the Trust PMO and SITI Team in developing a financially informed benefits realisation methodology.
• Ensure that benefits are clearly classified as cash-releasing, cost avoidance, capacity-releasing, income protection or quality improvement, with agreed baselines, assumptions and named operational owners.
• Undertake complex financial analysis of services and business cases, making recommendations on managing financial risk, achieving best value, and redesigning services where appropriate.
• Ensure transformation projects are tracked and updated within the Financial Model.
• Deliver and analyse financial monitoring across the Transformation Programme, providing financial reports and forecasts on programme performance and progress, and highlighting remedial action where required.
• Actively promote a culture of continuous improvement at all levels, in line with the Trust's values and objectives, leading by example and supporting staff through education, coaching, mentoring, and training.
• Provide a comprehensive financial advisory and planning service to the SITI team, supporting their role in driving quality and efficiency improvements across the Trust.
• Ensure appropriate financial assurance is applied to opportunities and benefits arising from the Integrated Productivity and Currency Readiness Programme.