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- Tasks: Lead financial strategy and manage budgets for a not-for-profit healthcare provider.
- Company: Join Northumbria Primary Care Limited, a top-performing NHS Foundation Trust in the North East.
- Benefits: Enjoy a salaried position with a focus on high-quality patient care and professional development.
- Why this job: Make a real impact on community health while working with a dedicated team of professionals.
- Qualifications: Must have a master's degree and a recognized accountancy qualification; strong business acumen required.
- Other info: Driving license is essential; flexible adjustments can be made for disabled applicants.
The predicted salary is between 72000 - 100000 £ per year.
Northumbria Primary Care Limited (NPC) is a leading provider of primary care services in the North East of England. We are a proudly not for profit, entirely salaried team, wholly owned by Northumbria Healthcare NHS Foundation Trust, one of the country’s top performing Foundation Trusts.
We are looking to appoint a Chief Finance Officer which 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.
Please note we reserve the right to close this vacancy prior to the closing date once the required number of suitable applications have been received.
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.
Job responsibilities
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
Essential
- 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.
Experience
Essential
- Strong business acumen and a sound knowledge of good corporate governance, strategic planning, risk, and performance management.
Qualifications
Essential
- Educated to master’s degree level or equivalent specialist qualification.
- Recognised professional accountancy qualification e.g., CCAB Professional Accountancy qualification e.g., the Chartered Institute of Public Finance and Accountancy (CIPFA) or the Chartered Institute of Management Accountants (CIMA).
- Evidence of continuing professional and personal development.
Employer details
Employer name
Northumbria Healthcare NHS Foundation Trust
Address
Cobalt Business Park
North Shields
NE27 0QJ
Any attachments will be accessible after you click to apply.#J-18808-Ljbffr
Chief Finance Officer employer: Northumbria Healthcare Nhs Foundation Trust
Contact Detail:
Northumbria Healthcare Nhs Foundation Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chief Finance Officer
✨Tip Number 1
Make sure to highlight your experience in strategic financial management and corporate governance during any discussions. This role requires a strong understanding of these areas, so be prepared to discuss specific examples from your past.
✨Tip Number 2
Familiarize yourself with Northumbria Primary Care Limited's mission and values. Understanding their commitment to high-quality patient care will help you align your vision with theirs during interviews.
✨Tip Number 3
Network with professionals in the healthcare finance sector. Engaging with others in similar roles can provide insights into the challenges and expectations of the Chief Finance Officer position.
✨Tip Number 4
Prepare to discuss how you would manage budgets and KPIs effectively. Be ready to present your approach to financial leadership and how you would ensure compliance with statutory requirements.
We think you need these skills to ace Chief Finance Officer
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Chief Finance Officer position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in financial leadership, strategic management, and corporate governance. Provide specific examples of how you've successfully managed budgets and led finance teams in previous roles.
Showcase Qualifications: Make sure to clearly list your educational qualifications and professional accountancy certifications. Highlight any continuing professional development that demonstrates your commitment to staying current in the field.
Tailor Your Cover Letter: Craft a compelling cover letter that not only outlines your qualifications but also expresses your passion for providing high-quality care through effective financial management. Mention your understanding of the organization's mission and how you can contribute to it.
How to prepare for a job interview at Northumbria Healthcare Nhs Foundation Trust
✨Showcase Your Strategic Vision
As a Chief Finance Officer, you'll be expected to influence the strategic vision of the company. Be prepared to discuss your previous experiences in strategic planning and how you can contribute to the long-term goals of Northumbria Primary Care Limited.
✨Demonstrate Financial Acumen
Highlight your strong business acumen and knowledge of corporate governance during the interview. Prepare examples of how you've successfully managed budgets, ensured financial viability, and delivered on KPIs in past roles.
✨Emphasize Leadership Skills
Since this role involves managing a finance team, be ready to discuss your leadership style and how you motivate and develop your team. Share specific instances where your leadership made a positive impact on performance.
✨Prepare for Governance Questions
Expect questions related to compliance with statutory and legal requirements. Familiarize yourself with relevant regulations and be ready to explain how you've ensured compliance in your previous positions.
