Deputy Chief Finance Officer; Strategy

£112,782 to £129,783 per year, £112782 - £129783 a year

Contract Type:

Permanent

Hours:

Full time

Disability Confident:

No

Closing Date:

30/05/2026

(see full job description)

Key Duties:

The Deputy Chief Finance Officer Strategy, on behalf of the Chief Finance Officer and in conjunction with the Deputy Chief Finance Officer (Operational Finance), will lead and develop the Finance Directorate on a day-to-day basis, promoting standards of professionalism, so that it provides the Trust with financial advice, information and expertise to enable devolved decision making contributing to the best care for patients.

To assist the CFO to both define and develop the strategic direction of the directorate so that it is able to set and meet challenging objectives for the future and which are responsive to the evolving requirements and needs of the Trust.

To deliver annual financial statements and annual accounts for the Trust to nationally determined timescales ensuring that the organisation meets statutory obligations in accordance with the NHS Group Accounting Manual and International Financial Reporting Standards (IFRS).

Responsible for collection, review and processing of financial information and presentation in an appropriate form for Trust Board, NHSE and other forums.

To exercise expert and professional judgement in the interpretation of financial information used to prepare reports, to an agreed timetable, on all key financial performance indicators.

To ensure the development of financial strategies and commercial considerations associated with NHS Healthcare contracts and non-NHS income streams including private patients and overseas visitors.

To ensure financial systems are fit for purpose, consistent with best practice and to take a lead in managing and developing effective finance systems and lean processes across the Trust.

To develop and implement financial policies and internal financial control procedures across the Trust, ensuring that the Trust is compliant with regulations and Standard Accountancy Practice.

In conjunction with Internal and External Auditors ensure these are complied with and operate effectively.

To advise the CFO on the availability of resources to discharge the Trusts financial management responsibilities, maintain reserves and contingencies and ensuring that sufficient distressed cash financing is secured from the DHSC to meet required operational commitments.

To promote an environment of effective financial control and support the Deputy CFO (Operational Finance) to lead the process of financial performance management in the divisions of the Trust

Ensure appropriate financial advice, support and relevant financial training is available, sought and thus valued across the organisation.

To lead the production of the Trust financial plan and annual budgets (activity, income, expenditure, capital and cash as well as supporting workforce requirements/resources), and presenting in a clear and concise manner to the Trust Board for approval prior to the start of the financial year.

To champion the review, interpretation and dissemination of the Trusts Use of Resources (UoR) through review of for example Model Hospital; GIRFT;
Corporate and other Benchmarking indices to ensure the drivers of the underlying deficit financial position are clearly described and improvement opportunities identified.

To work autonomously, interpreting national and international policy, strategy and best practice on an ongoing basis ensuring Trust financial and service plans are developed and implemented in line with national and local guidance.

To lead the alignment of Trust financial plans to the wider system Long Term Plan, mitigating risk to the Herefordshire and Worcestershire Integrated Care System and partners.

In representing the Trust externally, develop, and continuously seek to strengthen relationships across the wider health system to ensure the Trust remains a key integration partner in the developing ICs.

To lead the risk management process for the Directorate, ensuring strategic financial risks are identified, mitigations sought, and appropriately allocated for monitoring by the Finance and Performance Committee aligned to the Corporate Risk Register and Board Assurance Framework.

To be a highly visible leader, with the authority to make financial policy decisions as required.

To provide active leadership and support to finance staff throughout the Trust.

• To be an excellent communicator with the ability to explain to key stakeholders, both internal and external, the assumptions and challenges of the Trusts financial position.

To have the confidence and ability to lead discussions with stakeholders on all financial matters within areas of prime responsibility and the Trust.

• To deputise for the CFO as required internally, within the wider system and nationally.

General Duties:
To ensure the provision of high quality, effective services and professional support and advice to internal users of:
Financial services…