Deputy Chief Financial Officer - Strategy & Improvement

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. The post holder will work closely with the CFO to provide leadership and direction to improve the financial performance and literacy of the Trust.

The post holder will be expected to deputise for the CFO in all finance related matters, particularly those matters of Financial Strategy and Planning. The post holder will also be expected to lead on a number of Trust-wide programmes of work to deliver benefits across the group.

Main duties of the job

Director of Financial Planning and Performance

• To work with other directors in developing strategic partnership arrangements with key stakeholders and commissioners.
• To deputise for the Chief Finance Officer.

• 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, and demonstrating compliance with regulatory requirements for financial improvement.
• To ensure that the hospital is complying with the Trust’s financial standards of reporting, control and conduct.

Detailed job description and main responsibilities

The post holder will play a key role in developing and delivering the Trust’s strategic objectives. They will also: •    Lead the development of the Trust’s financial strategy, engaging with the wider Trust to support development and delivery. •    Propose and develop changes to Trust policy. •    Apply rigorous generally accepted commercial disciplines and techniques in assessing viability of investment proposals, in line with HM Treasury Green Book requirements, and ensure robust monitoring of subsequent performance. •    Ensure financial support for the development and delivery of the efficiency savings/productivity plans, ensuring these are financially robust, including those schemes which span across the wider Acute Provider Collaborative and South East London System, working with Transformation, PMO and Site Executive colleagues. •    Ensure financial support for the development and delivery of the Trust’s capital programme. •    Contribute to the broader strategic direction and corporate management of the hospital. •    Provide the advice and information on the finance issues and financial risk which flow from the consideration of strategic options.

Please refer to the job description for full details.