Associate Director of Finance

Strategic Responsibilities Implementation and delivery of a financial strategy for the Trust within the context of the Trust's strategic direction and taking account of national resources and policy. Provide leadership to the Trusts Improving Use of Resources programme Development and maintenance of systems to identify forward-looking financial risks to the organisation, and to effectively quantify and communicate these risks to the CFO and board and mitigate against them. This would include: Performing sensitivity analysis and modelling the impact of Strategic Capital Plan, Finance Lease proposals and analysis of off/on balance leases and Changes in assumptions and financial risks and appraising various different finance options including the impact of IFRS. Completion of the 1-5 year NHSE plan, using highly complex analytic and modelling techniques which are adequately risk assessed, looking at the financial position, including capital, cash flow, balance sheet, the Trusts financial KPIs
and risk ratings under NHS Englands SOF framework. Providing Strategic Financial Modelling and development of significant capital financial business cases across the organisation as well as managing the transitions when bringing on significant projects or mergers. Performance management of External Contracts with various suppliers Negotiation of Working Capital Facility Terms and banking relationships and monitoring of these ensuring compliance with Strategic Plans of the Trust and reducing Trust Risk Exposure. Makes judgements regarding allocation of resources and is able to persuasively articulate the point of view to the wider organisation Operational Responsibilities Analysing and interpreting technical financial reporting standards, new statutory legislation and technical guidance and providing advice to the Trust on the impact of these. Accountable for setting and implementing trust-wide accounting policy based on standards and legislation. Provide financial advice to colleagues
across the Trust. Lead on budget setting across the trust, including considering several methods and engaging stakeholders in the process. Presenting highly complex financial and business information to a variety of stakeholder groups; Acting as financial lead for Statutory External and Internal Reporting including the production of the Statutory Annual Report and Accounts, Financial returns to NHS England, ICBs and DHSC, and monthly Finance Committee and Board Reports. Active management of the financial position of the organisation, particularly thorough the Finance Business Patterning and Productivity and Efficiency teams Medium and long-term strategic financial planning and modelling including providing technical accounting advice to support significant developments and business cases and assessing the impact of these plans Trust-wide. Ensuring Trust Standing Financial Instructions and Trust-wide Financial policies and procedures are developed, implemented and maintained to minimise
Trust risk. Overall responsibility for the management (including budget management) of the finance department within the portfolio of the Associate Director of Finance Develop and provide leadership to the Business Partnering function Identification, measurement and management of impact of risk, and minimising exposure to risk. Accountable for producing risk-based Trust-wide financial controls in line with best practice and ensuring compliance with these controls. The post holder is accountable for the oversight of the Counter Fraud Service Oversight of the development of databases and financial systems to be implemented within Finance, or interface with Finance systems ensuring the integrity of the Trusts computerised financial ledger system is maintained and appropriate information can be reported.