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Deputy CFO
NHS Trust
Location - Kent
Hybrid - 3 days p/week on site
£66.13 p/hour (inc holiday pay)
3-month contract
Summary of Job Role
Morgan Hunt is working with an NHS Trust, based in Kent, who are seeking a Deputy CFO on an initial 3 month contract.
The CFO is seeking an additional Deputy CFO role to provide additional capacity to support it with the delivery of its financial plan for 2023/24 and in implementing its medium-term financial recovery plan.
The postholder will work closely with the CFO, other Executive Directors and other key staff, including the Trust's Senior Finance Team, PMO and Divisional operational management teams in the following areas:
- Ensuring a clear and robust understanding of the Trust's financial position and forecast outturn, identifying key drivers and risks, actions and mitigations with relevant stakeholders.
- Working with Finance Team and PMO to ensure clear and consistent reporting of efficiency savings (CIPs), including links to the overall Trust financial position and forecast outturn.
- Work with PMO and Divisional leads to identify and work through additional efficiency opportunities. Identify productivity and efficiency opportunities, utilising relevant benchmark data and tools e.g. Model Hospital.
- Support the CFO to oversee the programme to monitor and manage financial risks and mitigations, to deliver the Trusts revenue financial Ensure that robust action plans are in place to ensure that efficiency targets are met, and actions are taken to mitigate income and expenditure risks.
- Work with relevant key stakeholders including the COO and CPO to identify and implement actions and controls to reduce bank and agency headcount and expenditure (target 50% reduction from 31/24)
- Support the CFO in developing the medium-term financial recovery Liaise with key stakeholders at the ICB and other key system stakeholders.
Key working Relationships:
- CFO
- Deputy CFO (substantive)
- Senior Finance Team
- Trust PMO
- Executive Directors
- Divisional Management Teams
- Other Senior Managers g. Director of Planning
The postholder will have no direct line management responsibilities but will work alongside and receive support from the substantive Deputy CFO and the Senior Finance Team.
Experience and Qualities:
- Experience of working at CFO level or Deputy CFO level in complex, challenging NHS acute providers
- Demonstrable experience of contributing to delivery of financial improvement programmes
- Demonstrable track record of delivery of challenging objectives / projects / programmes
- Effective, credible and convincing communicator
- Pro-active and inquisitive
- Effective in providing constructive challenge
- Effective at collaborative working with key stakeholders
- Knowledgeable of NHS financial issues
- Qualifications; degree level or CCAB qualified.
Morgan Hunt is a multi-award-winning recruitment business for interim, contract and temporary recruitment and acts as an Employment Agency in relation to permanent vacancies. Morgan Hunt is an equal opportunities employer. Job suitability is assessed on merit in accordance with the individual's skills, qualifications and abilities to perform the relevant duties required in a particular role.
