Deputy Head of Financial Performance | Oxford University Hospitals NHS Foundation Trust

OUH are looking for an enthusiastic and experienced Finance professional to take up a position as the Deputy Head of Financial Performance.

This role is an integral part of the finance team at Oxford University Hospitals, driving operational financial performance, productivity and efficiency improvements, profitability driven decision making and financial analysis, working with stakeholders up to board level.

This role is expected to be working from the office one fixed day per week (Mondays) and one other day per week as the role requires. The other days can be worked remotely or in the office.

We would welcome discussions around flexible working.

To note this is a fixed term contract or secondment opportunity.

To act as the corporate finance lead on the delivery of operational financial performance. This will include analysis, oversight and understanding of trust wide operational financial performance, in-year forecasting, productivity delivery and efficiency driven decision making. The role will require expert analytical skills, judgment and presentation skills, as well as the ability to influence decisions at a managerial and senior level.

The Finance department at OUH is a team focused on improving financial information and helping senior stakeholders and clinical teams understand the narrative behind the numbers.

Hybrid working has given us the benefits of both face to face communication and problem solving and the benefits working from home, with excellent communication between the Financial Performance team and others in Finance to really deliver what the organisation needs.

We are working to embed a learning culture, encouraging staff at all levels to both undergo training and deliver training to others.

The Financial Performance team work closely with Finance, clinical and operational colleagues in the clinical divisions and also across the region.

Oxford University Hospitals NHS Foundation Trustis one of the largest NHS teaching trusts in the country. It provides a wide range of general and specialist clinical services and is a base for medical education, training and research. The Trust comprises four hospitals - the John Radcliffe Hospital, Churchill Hospital and Nuffield Orthopaedic Centre in Headington and the Horton General Hospital in Banbury. For more information on OUH please viewOUH At a Glance by OUHospitals - Issuu

Our values, standards and behaviours define the quality of clinical care we offer and the professional relationships we make with our patients, colleagues and the wider community.

We call this Delivering Compassionate Excellence and its focus is on our values of compassion, respect, learning, delivery, improvement and excellence.

These values put patients at the heart of what we do and underpin the quality healthcare we would like for ourselves or a member of our family. Watch how we set out to deliver compassionate excellence via theOUH YouTube channel.
General, Financial Performance, Reporting and Analysis

1. To lead on the corporate oversight, and support the delivery, of operational financial

2. To support the Head of Financial Performance in formulating plans to deliver long term financial sustainability for the Trust. Including implementation of service specific policy or service development changes.

3. To be responsible for the development of a robust integrated management accounting and associated reporting infrastructure for the Trust.

4. To support the Head of Financial Performance in providing corporate oversight of the divisional financial management teams, including budget setting, in-year forecasting and in- depth reviews of priority areas, with a focus on demand, capacity and triangulation with financial performance.

5. To work with the Head of Financial Planning and Reporting, on the implementation, delivery and maintenance of improvements to financial reporting systems, including providing oversight and relevant input into the development of performance dashboards, key performance indicators and any other key management information.

6. To work with the Head of Financial Planning and Reporting, to ensure all relevant and correct financial information is reported by the corporate team and other central and trust wide teams, including accruals, prepayments, workforce and other income.

7. To work closely with the rest of the Finance Senior Management and Finance Team to ensure timely, accurate and informed reporting both internally and externally.

8. To support the financial performance management of divisions, through corporate analysis and understanding of drivers of operational performance

9. To design and develop major information systems capable of delivering monthly performance and productivity reporting at board level and within clinical divisions, to support informed decision making and resource allocation (e.g. Productivity Dashboard). To work closely with clinical and operational colleagues to ensure drivers of performance are understood and that the information meets their specifications.

10. To lead the development of in-year financial analysis, including trends, delivery to plan, drivers of financial performance and recovery/improvement to financial performance.

11. In-month central efficiency, identification, quantification, monitoring and reporting.

12. To provide high-quality deliverables on highly complex technical data for Senior management, Executive and Non-Executive Directors and the Chief Executive Officer, as needed (e.g., Productivity Committee and Trust Management Executive).
Benchmarking, Productivity and Efficiencies

13. To lead the finance input into quantification, implementation and delivery of productivity, efficiency and operational change programmes. To lead work with clinical teams in developing service models associated with major operational change programmes.

14. To prepare policies and procedures in relation to efficiencies and productivity for use across the Trust. Ensuring these fit within the overall standard financial instructions of the Trust.

15. To lead the development of Trust and system wide analytics into the benchmarking of clinical and corporate services, through the use national data sets (e.g. Model Hospital, GIRFT, Right Care etc) through close working with clinical and operational colleagues to understand and positively impact on care pathway decisions, staff costs/mix and comparative performance metrics.

16. To lead on the development of an adequate methodology (e.g., Cost per WAU) to measure clinical productivity to support the understanding of financial and operational drivers. To network and collaborate with other providers to benefit from knowledge transfer.
Collaboration and Informed Decision Making

17. To work with the Director of Data and Analytics and act as the finance liaison for reporting development and analysis improvements.

18. To work as a member of the Finance Senior Management Team and provide financial advice on change programmes to improve efficiency, value for money and quality of output (e.g., Senior Leadership Programme). Collaborating with the Trust's Integrated Quality Improvements Team and using persuasion and motivation skills to influence decision making.

19. To act as the Trust's finance lead on the development of smaller business cases, including working with Deputy Director of Finance - Technical and Developments, providing analysis, critical review, challenge and identification of improvement opportunities.

20. To develop, quantify and maintain a set of standard units of cost to be used across the Trust to inform and improve productivity-led decisions making.
Other

21. To communicate highly sensitive and highly complex information to a range of internal and external

22. Use persuasion and motivation skills to influence key decision making and maintain professional communication at all times when dealing with contentions issues. This may occasionally involve exposure to distressing circumstances when dealing with individuals not meeting their required targets.

23. To constructively challenge senior stakeholders throughout the financial year on efficiency planning and reporting processes to ensure robustness of forecasts and budgets.

24. To support the education and development of the Finance team in their understanding of the drivers for operational financial performance, current challenges and restraints.

25. Provide training to other staff across the trust, including Executive and Senior Management Teams, as required (e.g. use of systems and the use of 'Statistical Process Control Charts').

26. To work cooperatively and collaboratively with Finance staff in divisions and in the central Finance Department.

Disability Confident
About Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident.