Deputy Director of Finance

This post has corporate responsibility for all aspects of the operationalisation of the Trust's financial strategy on a day to day basis. The post holder has direct line management of senior staff within the department and holds a significant standing within the organisation as a whole. The post holder will also have a key supporting role in the development of the following strategies; CIPs, operational planning, financial planning & reporting. They will lead on the production of accurate and timely monthly financial information for reports to the Board of Directors, Board Sub Committees and other committees. They will be required to interpret complex and changing national policy and advise on the financial impact and expected duties coming out of the policy for the Trust and partners., The post holder will lead the delivery of annual financial plans and their translation into agreed budgets across the organisation, inclusive of required CIP targets. In addition, the post holder leads on improving the development of PLICs with clinical engagement. They will also lead the information agenda to support continued operational performance. In fulfilling this role they will be required to establish goals and standards to be achieved from a corporate financial perspective, reflective of any issued guidance both internally or given by our regulators. They must deputise for the Director of Operational Finance & Chief Finance Officer as appropriate and undertake all duties in line with the requirements of the role to support the delivery of:

• Financial governance and assurance
• Advice across a range of capital and revenue service changes
• Corporate responsibilities as a senior member of the Trust
The post-holder will be accountable for the review of all complex business cases and financial evaluation of Trust proposals. This will include understanding the local health economy and the potential impact of developments within other Trusts or ICB. They will be accountable for recruiting, managing and development a team of staff who will provide a professional service to the Trust. This will involve managing professional and personal development needs.Working for our organisation If you are enthusiastic, motivated, and have the expertise to provide effective and innovative financial solutions, we want to hear from you. Join us at an exciting time as we strive to build a 'best-in-class' finance department, providing excellent financial and decision-making support to our operational and clinical colleagues., + To provide support to the Operational Director of Finance on advising the Trust on operational matters relating to all aspects of finance within the Trust. + To translate financial governance and assurance guidance both for the short and medium term. + To contribute to the financial planning activities of the Trust and, in particular, provide financial input to major capital developments including the corporate appraisal of differential options. + To lead, from a corporate perspective, the business planning activities of the Trust and oversee negotiations with the commissioners so that plans and service level agreements meet the objectives of the Trust. + To corporately lead the annual budget setting process and ensure that budgets set are reflective of agreed commissioner contracts and account for key issues such as cost pressures, developments and CIP delivery plans. + To ensure that financial and budgetary information is available to all levels of the organisation in a timely and accurate manner. + To provide support and advice to all those with budgetary responsibility and ensure that all budget managers receive appropriate training and development to facilitate the best possible standards of patient care within available resources. Training and support should also be extended to non budget holders such as Non executive Directors. + To work with the Operational Director of Finance and direct reports to develop and review financial systems, procedures and controls to ensure that the budgetary, accounting, income and expenditure systems operate efficiently to the highest professional standards. + To co-ordinate the monitoring of financial performance against plan and advice the Director of Operational Finance on major variances and year end projections. + To oversee the preparation of monthly reports to the Trust Board and committees on all aspects of financial performance. + To support clinical and non-clinical areas in the preparation of business cases, paying particular attention to the financial and economic appraisal of such cases and the linking of these cases to the overall financial strategy of the Trust. + To manage the department on a daily basis and provide leadership, direction and motivation through objective setting, regular performance reviews, training and development. + To interpret NHS guidance and ensure that Trust financial goals and standards are set to achieve the required guidance outputs. + To provide corporate assurance on all financial governance issues. + The Deputy Director of Finance will be responsible for the coordination of delivery, to the Director of Operational Finance, of all statutory returns and required monitoring information e.g. Annual Accounts, Regional and National Submissions and National Cost Collection submissions + To lead on the development, production and submission of any financial planning models to our regulators or ICB. + To deputise as required for the Director of Operational Finance & Chief Finance Officer at key meetings including both internally and to external stakeholders. + Responsible for production and maintenance of the Financial Risk Register. + Take account of conflicting demands and complex facts, to analyse, interpret and evaluate a range of options for service developments. + Ensure sound Financial Services (Debtors, Creditor Payments, Cashiers, Payroll, Procurement) are provided so as to meet statutory requirements, and customer expectations whilst providing value for money. + Ensure that the statutory accounts for exchequer and charitable activities of the Trust are completed in accordance with required formats, timescales and professional accounting standards. The vision of this Trust is to be recognised by the people of Bolton and beyond as an excellent provider of health and care services and a great place to work. We are striving to attract, recruit and retain high calibre skilled staff which reflect our communities. We are an inclusive employer who trains and develops our staff in a positive learning environment. We thrive on cultivating cultural architecture, if you have the right skills, attitudes and behaviours, in line with our Trust values, we welcome and appreciate the diversity you bring to our organisation. We offer a wide range of staff benefits please click on the link below to see what current benefits we have. Staff benefits - Bolton NHS FT (boltonft.nhs.uk) From time to time we may need to close a vacancy early when in receipt of a sufficient number of applications. If you are interested in this post and wish to be considered, we strongly advise you to complete and submit your application as soon as possible.