Associate Chief Finance Officer

Associate Chief Finance Officer

Tynemouth Full-Time 48000 - 72000 £ / year (est.) No home office possible
N

At a Glance

  • Tasks: Lead financial strategy and management for a pioneering healthcare organisation.
  • Company: Join Northumbria Primary Care Ltd, a not-for-profit leader in primary care services.
  • Benefits: Enjoy a competitive salary, professional development, and a supportive work environment.
  • Why this job: Shape the future of healthcare while advancing your career to CFO in a dynamic team.
  • Qualifications: Must have a CCAB Professional Accountancy qualification and ongoing professional development.
  • Other info: Diversity and inclusion are valued; we encourage applications from all backgrounds.

The predicted salary is between 48000 - 72000 £ per year.

Northumbria Primary Care Ltd (NPC) is a pioneering partnership with local GPs and now manages several GP practices with around 50,000 registered patients in Northumberland and North Tyneside. NPC is a wholly owned subsidiary of Northumbria Healthcare NHS Foundation Trust.

Northumbria Primary Care Limited (NPC) is a leading provider of primary care services in the North East of England. We are looking to appoint an Associate Chief Finance Officer who will undertake a 2 year training period with our company and upon completion progress to Chief Finance Officer and member of NPC Board of Directors. You will provide senior leadership, strategic management, and commercial acumen for the company. This role will also sit on the Board of Directors for Northumbria Primary Care Limited and as a Board director, the post holder will influence the strategic vision and will be responsible, along with other Board directors, for the development and delivery of strategic objectives, oversight of performance and risk, use of resources, and delivery of services to deliver high quality care to patients across North Tyneside and Northumberland.

Main duties of the job:

  • The post holder will drive the delivery of well-managed budgets and ensure the financial viability of the Company.
  • Rigorous contract management, robust delivery of agreed KPIs and project management will also be key features of the role.
  • The post holder will have direct accountability to the subsidiary Board and will be required to attend meetings of NHFT’s Board of Directors, Finance Investment & Performance Committee, and Audit Committee, where required.

The post covers the financial aspects of Northumbria Primary Care Limited (gross annual expenditure around £33m). The postholder manages a finance team to deliver this service. Key responsibilities include:

  • Responsible for providing robust financial leadership, strategic management, expert, and specialist strategic financial and business planning advice to the organisation, ensuring financial controls are maintained in line with Corporate Governance requirements.
  • Provide expert advice to the subsidiary Board of Directors on all financial issues and providing oversight on a number of key areas.
  • Responsible for the leadership, management, and performance of a Finance function, in providing a professional, high quality financial management service, ensuring effectiveness and business focus of financial systems and processes.
  • Ensure compliance with statutory and legal requirements, including ensuring statutory accounts & returns are accurate and meet agreed timescales and legal requirements, interpreting these where necessary.
  • Play a key role in ensuring there is effective working relationships between NPC, other subsidiaries and the Trust, as well as external partners, including contract negotiations and performance monitoring.
  • Manage the development and delivery of management accounts, monthly financial reports and budgets to Board, and annual accounts.

Person specification:

Skills:

It is an essential requirement of the role that the post holder has a valid driving licence and is either a car owner and able to use the car for work purposes or has a Trust personal lease vehicle which may be used for the role. However, the Trust would consider making reasonable adjustments to the role, if necessary, to enable a disabled person to undertake the role.

Qualifications:

Ongoing participation in the relevant Continuing Professional Development (CPD) programme, as required by the professional accountancy body, is essential. A minimum of 30 hours per year must be devoted to structured development, underpinned by 2-3 hours per week of reading and private study. Must possess a CCAB Professional Accountancy qualification e.g. The Chartered Institute of Public Finance & Accountancy or The Chartered Institute of Management Accountants.

The successful applicant will be an employee of the subsidiary and not Northumbria Healthcare NHS Foundation Trust. We recognise the positive value of diversity and inclusion and are committed to a workforce that is diverse, equal and inclusive. We welcome and encourage job applications from people of all backgrounds.

Associate Chief Finance Officer employer: Northumbria Healthcare - NHCT Northumbria Healthcare NHS Foundation Trust

Northumbria Primary Care Ltd (NPC) is an exceptional employer, offering a supportive and inclusive work culture that prioritises employee development and well-being. As a wholly owned subsidiary of Northumbria Healthcare NHS Foundation Trust, NPC provides unique opportunities for career progression, including a structured two-year training programme for the Associate Chief Finance Officer role, leading to a position on the Board of Directors. With a commitment to diversity and a focus on delivering high-quality care to over 135,000 patients, NPC fosters a collaborative environment where innovative ideas are valued and employees can thrive.
N

Contact Detail:

Northumbria Healthcare - NHCT Northumbria Healthcare NHS Foundation Trust Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Associate Chief Finance Officer

✨Tip Number 1

Familiarise yourself with Northumbria Primary Care Ltd's mission and values. Understanding their commitment to providing high-quality care will help you align your responses during interviews and demonstrate your passion for their work.

✨Tip Number 2

Network with current or former employees of NPC, especially those in finance roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach when discussing your experience.

✨Tip Number 3

Stay updated on the latest trends in healthcare finance and management. Being knowledgeable about current challenges and innovations in the sector will allow you to engage in meaningful discussions during interviews and showcase your expertise.

✨Tip Number 4

Prepare to discuss your leadership style and how it aligns with NPC's strategic vision. As a potential Board director, demonstrating your ability to influence and drive change will be crucial in making a strong impression.

We think you need these skills to ace Associate Chief Finance Officer

Financial Leadership
Strategic Management
Commercial Acumen
Budget Management
Contract Management
KPI Delivery
Project Management
Financial Reporting
Statutory Compliance
Corporate Governance
Team Leadership
Performance Monitoring
Stakeholder Engagement
Risk Management
Expert Financial Advice

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Associate Chief Finance Officer position. Understand the key responsibilities and required qualifications to tailor your application accordingly.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in financial leadership and strategic management. Use specific examples that demonstrate your ability to manage budgets, oversee financial performance, and lead a finance team.

Craft a Strong Cover Letter: Your cover letter should not only express your interest in the role but also outline how your skills and experiences align with NPC's mission and values. Be sure to mention your commitment to diversity and inclusion, as this is important to the organisation.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance role.

How to prepare for a job interview at Northumbria Healthcare - NHCT Northumbria Healthcare NHS Foundation Trust

✨Understand the Organisation's Vision

Before your interview, make sure you thoroughly understand Northumbria Primary Care Ltd's mission and values. Familiarise yourself with their innovative approach to primary care and how they serve the local community. This will help you align your answers with their strategic vision.

✨Showcase Your Financial Acumen

As an Associate Chief Finance Officer, you'll need to demonstrate strong financial leadership skills. Be prepared to discuss your experience with budget management, financial reporting, and compliance with statutory requirements. Use specific examples from your past roles to illustrate your expertise.

✨Prepare for Strategic Discussions

Since this role involves influencing the strategic vision of the organisation, be ready to discuss how you would approach strategic planning and performance oversight. Think about how you can contribute to the development and delivery of strategic objectives and be prepared to share your ideas.

✨Ask Insightful Questions

At the end of the interview, take the opportunity to ask thoughtful questions about the role and the organisation. Inquire about the challenges they face in financial management or how they measure success in delivering high-quality care. This shows your genuine interest and helps you assess if the role is right for you.

N
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>