At a Glance
- Tasks: Lead financial strategy and ensure long-term viability for our Health Unit.
- Company: Join the Royal Free London NHS Foundation Trust, a leader in healthcare.
- Benefits: Competitive salary, supportive environment, and opportunities for professional growth.
- Other info: Be part of a diverse team committed to continuous improvement and accountability.
- Why this job: Make a real impact on patient care and financial sustainability in healthcare.
- Qualifications: Proven leadership skills and experience in financial management.
The predicted salary is between 75000 - 117800 £ per year.
The Royal Free London NHS Foundation Trust is looking to recruit an experienced, resourceful and collaborative Director of Financial Performance to join our Local Executive Team at the Royal Free Hospital. As Director of Financial Performance, you will be a key member of the Team and a stakeholder in the Royal Free London Group Senior Finance Leadership team. You will be responsible for the development and delivery of financial strategy for our Health Unit to ensure long term viability and financial stability of the wider Group, supported by the implementation of a sound financial framework and effective arrangements for financial governance. We are looking to recruit an exceptional leader who wants to understand and celebrate the diversity of our local patient and staff populations. You should be a leader who has the skills to coach for improvement and motivate the individuals and teams around you to perform at a highest level – and shape a culture of continuous improvement, openness, and accountability.
Main duties of the job:
- Provide overall financial leadership for the Health Unit, supporting the Health Unit Chief Executive in developing, implementing, and monitoring the site’s financial plan.
- Support the delivery of improved financial efficiency and long-term financial sustainability across the Health Unit.
- Lead and manage the day-to-day activities of the site finance team, ensuring effective financial support and oversight.
- Act as a strategic financial advisor to the Hospital Chief Executive and Local Executive Committee (LEC), providing insight on:
- Productivity and efficiency
- Recovery planning
- Opportunities to improve value and patient care within financial constraint.
- Work collaboratively with executive colleagues to ensure robust programmes are in place to:
- Identify efficiency opportunities
- Deliver savings and productivity improvements
- Monitor and assure achievement against plans
- Contribute as a member of the Local Executive Committee (LEC) to the wider strategic priorities and operational leadership of the Health Unit.
- Support the Group Chief Finance Officer, as part of the Senior Finance Leadership Team, in:
- Developing and delivering the Trust’s overall financial plan
- Supporting the capital programme and investment priorities across the Trust.
Director of Financial Performance employer: Royal Free
The Royal Free London NHS Foundation Trust is an exceptional employer that prioritises the well-being and development of its staff while delivering high-quality healthcare. With a strong commitment to diversity and inclusion, employees are encouraged to grow through continuous improvement and collaborative leadership. Working at the Royal Free Hospital not only offers competitive benefits and a supportive work culture but also provides the opportunity to make a meaningful impact on patient care and financial sustainability in a dynamic healthcare environment.
StudySmarter Expert Advice🤫
We think this is how you could land Director of Financial Performance
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Royal Free. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Director of Financial Performance
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Royal Free.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Royal Free's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Royal Free
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Royal Free.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Royal Free will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Royal Free employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
