At a Glance
- Tasks: Lead financial strategy and improvement initiatives for NHS Wales, driving efficiency and best practices.
- Company: Join NHS Wales Performance & Improvement, dedicated to enhancing healthcare quality and access.
- Benefits: Permanent role with hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact on healthcare finance while collaborating with passionate professionals.
- Qualifications: CCAB/CIMA qualified with experience in complex financial environments.
- Other info: Dynamic team environment with a focus on innovation and strategic thinking.
The predicted salary is between 48000 - 72000 £ per year.
The Financial Planning and Delivery Directorate is seeking to recruit a Head of Financial Strategy & Improvement to play a lead role in providing financial support and challenge to NHS Wales organisations.
The Financial Planning and Delivery Directorate's role includes:
- Monitoring and managing financial risk in NHS Wales, responding at pace where organisations are demonstrating signs of financial concern;
- Support the robust development and delivery of in-year and medium term financial and resource plans;
- Driving forward the efficiency agenda for NHS Wales, working with NHS Wales organisations to ensure maximum return from efficiency opportunities;
- Promote and embed best practice financial management and use of resources;
- Developing a Centre of Excellence for Financial Information and Intelligence, reflecting costing, benchmarking, resource allocation, and utilisation, to assist in driving improvements on both technical and allocative efficiency across NHS Wales;
- Lead research and identifying best practice in financial management and rapid adoption of proven practice and evidence in a consistent and comprehensive way across Wales.
This includes best practice approaches, methodology, and deployment; and support the development of Value Based Healthcare within NHS Wales as required.
Main duties of the job:
We are looking for senior finance professionals with drive and ambition who can immediately provide practical insight and value to Health Boards and Trusts in Wales and provide intensive support to organisations to improve both their short term financial performance and their ongoing financial sustainability.
Your responsibilities will include:
- Leading the Financial Planning and Delivery Directorate's monthly processes to monitor the financial reporting and financial performance of organisations across NHS Wales;
- Leading the assessment of the financial plans of organisations across NHS Wales and drive improvements in multi-year financial planning across the sector;
- Leading the development of the suite of products to enhance financial support and challenge processes within NHS Wales;
- Identifying evidence-based best practice across the portfolio and supporting its dissemination;
- Developing best practice in benefits realisation techniques and developing the Directorate's capability and capacity in relation to investment and option appraisal.
About us:
NHS Wales Performance & Improvement works in partnership for and on behalf of Welsh Government, in and with the NHS in Wales and is hosted by Public Health Wales. Our key purpose is to drive improvements in the quality and safety of care - resulting in better and more equitable outcomes, access and patient experience, reduced variation, and improvements in population health.
We do this by providing strong leadership and strategic direction - enabling, supporting, and directing NHS Wales to transform clinical services in line with national priorities and standards.
This is a permanent, full-time position. The successful candidate will join the team based in Bocam Park, Pencoed near the M4. Hybrid working arrangements will be available involving office attendance twice per week.
If you are a highly motivated, experienced, and qualified finance professional with a strong demonstrable background in financial management, performance, intelligence, and delivery then we would be keen to hear from you and welcome your application.
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click "Apply now" to view on Trac. Interviews will be held during the week commencing 23rd March.
For further information please contact Eiddig Morgan Assistant Director.
The ability to speak Welsh is desirable for this post; Welsh and/or English speakers are equally welcome to apply.
Person Specification:
Qualifications:
- CCAB / CIMA Qualified & Member of Professional body, Educated to Postgraduate level or equivalent, Evidence of Continuing Professional Development
Experience & Specialist Knowledge:
- Experience of working in a financial environment in a large complex organisation
- Comprehensive understanding of the NHS financial regime including Capital
- Record of effective contribution to the development of organisational financial plans
- Experience of planning and implementing long-term development programmes
- Proven experience of developing and delivering financial management services successfully for a large organisation
- Excellent interpersonal, communication and presentation skills
- Demonstrable success in building and maintaining good working relationships within the team and with external stakeholders
- Ability to influence at all levels and a strategic thinker
- Experience of supporting financial turnaround approaches and delivery
- Demonstrates expertise in specific professional areas such as financial planning and strategy development
- Expert knowledge of NHS Wales finance regime, including a thorough understanding of organisations financial duties, responsibilities and governance requirements
- Good understanding of the concepts of Value Based Healthcare
Personal Attributes:
- Appropriate attitudes with a high level of professional ethics and integrity
- Ability to positively influence the actions of others
- Ability to apply creative thought and research to develop and implement effective solutions to complex problems
- Ability to develop strong working relationships inside and outside the team to achieve common goals.
- Enthusiastic, committed, proactive, and innovative
Other Attributes:
- Must be mobile and able to travel locally and nationally.
- Emotionally Intelligent
- Politically astute & high level of intuition
- Work collaboratively & build relationships effectively
- Resilience and reliability under pressure
- Appetite for challenges, with a high level of personal integrity
- Ability to speak Welsh or willingness to learn and a full clean driving licence
Skills:
- Highly developed analytical, interpretational, comparative and numerical skills
- Capable of dealing with highly complex and sensitive information to support rational decision making
- Excellent interpersonal, communication and presentation skills
- Able to communicate excellently in writing in a manner that is clear, fluent and persuasive
- Ability to present highly complex financial information in a logical and clear format identifying risk and opportunities as well as options
- Demonstrable ability to negotiate work on multiple complex tasks simultaneously and produce high quality work within tight deadlines and within resource constraints
- IT literate with practical computer application skills covering Oracle systems and Microsoft products including advanced level of excel spreadsheets
- Ability to work autonomously and equally effectively as part of a team.
- Demonstrable project management skills including work planning, organisation and prioritisation.
- Demonstrate contribution to the development of financial plans and participation on management of complex projects
- Ability to think innovatively and develop new ways of working, continually striving to improve systems and performance
- Ability and confidence to constructively challenge and support senior NHS staff and their teams
- Ability and confidence to contribute to the Directorate's leadership across NHS Wales on driving improvements in financial planning and financial management
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Head of Financial Strategy & Improvement - FP&D in Pencoed employer: Public Health Wales
Contact Detail:
Public Health Wales Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Financial Strategy & Improvement - FP&D in Pencoed
✨Tip Number 1
Network like a pro! Reach out to your connections in the NHS or finance sectors. Attend industry events, webinars, or even local meet-ups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews! Research the NHS Wales financial regime and be ready to discuss how your experience aligns with their goals. Practice common interview questions and think about how you can showcase your strategic thinking and problem-solving skills.
✨Tip Number 3
Showcase your expertise! Create a portfolio that highlights your past achievements in financial management and strategy development. Use real examples to demonstrate how you've driven improvements and delivered results in complex environments.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team at NHS Wales Performance & Improvement. Don’t miss out!
We think you need these skills to ace Head of Financial Strategy & Improvement - FP&D in Pencoed
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in financial management, especially within the NHS context. We want to see how your skills align with our mission at NHS Wales.
Showcase Your Achievements: Don’t just list your responsibilities; share specific examples of how you’ve driven improvements or efficiencies in previous roles. We love seeing tangible results that demonstrate your impact!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to convey your ideas, as we appreciate well-structured and easy-to-read submissions.
Apply Through Our Website: For the best chance of success, make sure to apply directly through our website. This ensures your application is seen by the right people and helps us keep track of all candidates efficiently.
How to prepare for a job interview at Public Health Wales
✨Know Your Financial Stuff
Make sure you brush up on your knowledge of the NHS financial regime and the specific challenges it faces. Be ready to discuss how your experience aligns with the role's requirements, especially in financial planning and strategy development.
✨Showcase Your Leadership Skills
As a Head of Financial Strategy & Improvement, you'll need to demonstrate your ability to lead teams and influence stakeholders. Prepare examples of how you've successfully led financial initiatives or improvements in previous roles, highlighting your strategic thinking and interpersonal skills.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific financial challenges within NHS Wales. Think about potential scenarios involving financial risk management or efficiency improvements, and be prepared to outline your approach and thought process.
✨Emphasise Your Commitment to Best Practices
Discuss your experience in identifying and implementing best practices in financial management. Highlight any past successes in developing financial plans or driving improvements, and be ready to explain how you would promote these practices across NHS Wales.