Deputy Chief Financial Officer - Strategy & Improvement Apply now
Deputy Chief Financial Officer - Strategy & Improvement

Deputy Chief Financial Officer - Strategy & Improvement

London Full-Time 80000 - 120000 £ / year (est.)
Apply now
K

At a Glance

  • Tasks: Lead financial strategy and improve performance at King's College Hospital.
  • Company: Join one of the UK's largest teaching Trusts with a £1.7 billion turnover.
  • Benefits: Enjoy a competitive salary and contribute to sustainable healthcare initiatives.
  • Why this job: Be a visionary leader driving excellence in finance while impacting patient care.
  • Qualifications: Must have a degree and be CCAB qualified with NHS finance experience.
  • Other info: Opportunity to work closely with senior executives and lead significant change.

The predicted salary is between 80000 - 120000 £ per year.

Deputy Chief Financial Officer – Strategy & Improvement

Executives / VSM: Executives / VSM

Main area: Finance

Grade: Executives / VSM

Contract: Permanent

Hours: Full time – 37.5 hours per week

Job ref: 213-CORP-6845115

Employer: King’s College Hospital NHS Foundation Trust

Employer type: NHS

Site: Coldharbour Works Building

Town: London

Salary: £100,000 – £200,000 per annum inc HCA’s

Salary period: Yearly

Closing: 05/01/2025 23:59

Interview date: 17/01/2025

King’s College Hospital NHS Foundation Trust is one of the UK’s largest and busiest teaching Trusts with a turnover of c£1.7 billion, 1.5 million patient contacts a year and more than 15,000 staff based across 5 main sites in South East London.

Job overview

Are you a visionary financial leader with a passion for driving excellence? If so, an exciting opportunity has arisen to join King’s in a pivotal role as the Deputy Chief Finance Officer (Strategy and Improvement).

This role will support the Chief Financial Officer (CFO) and Executive Team in developing and delivering the Trust’s strategy and in improving the Trust’s financial efficiency and performance. They will have corporate responsibility for the Financial Strategy & Planning team which includes financial strategy and planning, continuous improvement, investments, capital, oversight of the cost improvement programme, legal, commercial and contract management.

As one of two nominated deputy CFOs, they will provide day-to-day leadership to the finance team and will be responsible to the CFO for delivery of the required financial support, challenge and analysis. They will be expected to present financial and business information to large groups, such as the whole finance function as well as clinical and non-clinical colleagues from outside of finance.

Main duties of the job

Director of Financial Planning and Performance

  • Responsible for the development of the Trust’s financial strategy and plan; and financial oversight of the Trust’s investments and cost improvement programme.
  • Responsible for the Trust’s work to enable continuous financial improvement, including delivering and embedding the Trust’s financial governance improvement programme and financial skills development across the finance function and wider Trust.
  • Ensure compliance with the Trust’s financial standards of reporting, control and conduct.
  • Work with other directors in developing strategic partnership arrangements with key stakeholders and commissioners.
  • Deputise for the Chief Finance Officer.

Person specification

Qualifications

  • Educated to degree level
  • Expert specialist knowledge of financial and accounting procedures including current legislation and NHS accounting policies
  • CCAB fully qualified / Professional chartered accountancy qualification
  • Evidence of recent CPD including specialist training and experience relating to NHS finance as well as national accounting standards

Experience

  • Post-qualification experience as a Director of Finance or Deputy CFO
  • Experience of different organisations or parts of large organisations across the healthcare sector (Provider, Commissioning and ALB)
  • Experience of the NHS planning process and Payment by Results
  • Experience of working in a financial turnaround situation
  • Experience of restructuring and outsourcing back-office services

Skills

  • Sound political judgment and astuteness in understanding and working with complex policy, information and diverse interest groups
  • Highly developed influencing skills with senior health care professionals across the Health Community and external organisations
  • Experience of understanding complex transactions or commercial arrangements
  • Evidence and demonstrable success of leading and facilitating significant change programmes within finance

IMPORTANT

  • Check your email account regularly as this is how we will communicate with you
  • If you delete the job from any of your accounts, you may be prevented from accessing further communications
  • To enquire about your application or inform us of any changes in your circumstances, please contact the named person on this advert
  • Please provide email addresses for referees where possible

King’s College Hospital NHS Foundation Trust is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus.

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Deputy Chief Financial Officer - Strategy & Improvement employer: Kings College Hospital

King's College Hospital NHS Foundation Trust is an exceptional employer, offering a dynamic work environment in the heart of London. With a commitment to sustainable healthcare and a focus on continuous improvement, employees benefit from robust professional development opportunities and a collaborative culture that values innovation and excellence. Join us to make a meaningful impact in the healthcare sector while enjoying competitive compensation and a supportive team atmosphere.
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Contact Detail:

Kings College Hospital Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Deputy Chief Financial Officer - Strategy & Improvement

✨Tip Number 1

Familiarize yourself with the specific financial strategies and improvement programs currently in place at King's College Hospital. Understanding their existing frameworks will help you articulate how your experience aligns with their goals during the interview.

✨Tip Number 2

Network with current or former employees of King's College Hospital, especially those in finance roles. They can provide valuable insights into the organizational culture and expectations for the Deputy CFO position.

✨Tip Number 3

Prepare to discuss your experience with financial turnaround situations and restructuring back-office services. Be ready to share specific examples that demonstrate your leadership and strategic thinking in these areas.

✨Tip Number 4

Stay updated on current NHS financial policies and legislation. Being knowledgeable about recent changes will show your commitment to the role and your ability to navigate the complexities of NHS finance.

We think you need these skills to ace Deputy Chief Financial Officer - Strategy & Improvement

Financial Strategy Development
Financial Planning and Analysis
Continuous Improvement Methodologies
Investment Appraisal
Cost Improvement Programme Management
Financial Governance
Stakeholder Engagement
Commercial Acumen
Risk Management
Change Management
Leadership and Team Management
Excellent Communication Skills
Understanding of NHS Financial Policies
Political Acumen
Influencing Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and expectations of the Deputy Chief Financial Officer position. Tailor your application to highlight your relevant experience in financial strategy and improvement.

Highlight Relevant Experience: In your CV and cover letter, emphasize your post-qualification experience as a Director of Finance or Deputy CFO, particularly within the healthcare sector. Mention specific achievements that demonstrate your ability to lead financial improvements and strategic initiatives.

Showcase Your Skills: Clearly outline your skills in financial governance, strategic planning, and change management. Provide examples of how you've successfully influenced senior professionals and led significant change programs in previous roles.

Follow Application Instructions: Ensure you follow all application instructions carefully. Include email addresses for referees and check that your documents are complete. Regularly check your email for any communication regarding your application status.

How to prepare for a job interview at Kings College Hospital

✨Showcase Your Visionary Leadership

As a candidate for the Deputy Chief Financial Officer role, it's crucial to demonstrate your visionary leadership skills. Prepare examples of how you've successfully driven financial strategies and improvements in previous roles, particularly in the healthcare sector.

✨Understand NHS Financial Policies

Make sure you have a solid grasp of current NHS accounting policies and financial procedures. Be ready to discuss how these regulations impact financial planning and performance within the Trust.

✨Prepare for Strategic Discussions

Expect to engage in discussions about the Trust's strategic objectives. Familiarize yourself with King's College Hospital's goals and think about how your experience can contribute to achieving them, especially in terms of financial efficiency and governance.

✨Demonstrate Change Management Experience

Highlight your experience in leading significant change programs within finance. Be prepared to discuss specific instances where you've successfully managed financial turnaround situations or implemented restructuring initiatives.

Deputy Chief Financial Officer - Strategy & Improvement
Kings College Hospital Apply now
K
  • Deputy Chief Financial Officer - Strategy & Improvement

    London
    Full-Time
    80000 - 120000 £ / year (est.)
    Apply now

    Application deadline: 2027-01-10

  • K

    Kings College Hospital

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