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Head of Commercial Finance @ Royal National Orthopaedic Hospital NHS Trust

Stanmore, HA7 4LPOnsiteContractJob reference C9392-26-0169
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About this role

Job summary

To be responsible, as a member of the Divisional Leadership Team for the leadership, strategic direction, performance and function of Private Care finance to ensure that it achieves its goals and objectives. To transform Private Care's financial function into a high performing department which meets the needs of the business and its key stakeholders.

Please note that this role requires full-time, on-site presence

Main duties of the job

Work alongside the Managing Director and senior leadership team to develop the commercial strategy of the Private Care business

About us

RNOH Royal National Orthopaedic Hospital NHS Trust (RNOH) is the largest orthopaedic hospital in the UK and a global leader in our field. We provide a dynamic working environment where we support frontline staff to implement improvements so that we can realise our vision of being a world leading neuro-musculoskeletal hospital providing the best patient care and staff experience in the NHS, delivering world leading research, and offering a strong foundation of education, training and career progression. Our dedicated staff come from diverse backgrounds, and our patients benefit from the wide range of experience they bring to the trust. RNOH brings unrivalled expertise together in one place allowing us to deliver some of the world's most complex and innovative care to our patients. RNOH is rated good by the CQC and covers two sites, one in central London and one in Stanmore - which has recently opened The Stanmore Building, a new, state-of-the-art inpatient facility. For more information, please access the following link: https://www.rnoh.nhs.uk/

Job description Job responsibilities

Financial

Provide robust commercial and financial support to the Division, leading on the development of annual budgets, plans and cashflow forecasts.

Monitor and report on the performance of the Division against the financial plan on a monthly basis, ensuring that transactions and expenditure are properly allocated, and the budget remains reflective of the operational function of the business.

Work closely with Private Cares Finance Business Partner to ensure that Private Cares trading accounts are reflective of performance and to make them aware of any variances to plan in a timely manner.

Create a financial dashboard for Private Care which shows a snapshot of the business at a given point in time, enabling the Divisional Leadership team to make agile strategic decisions.

Use complex financial and commercial analysis to advise the Divisional Leadership team on the strategic direction of Private Care.

Proactively monitor the market to ensure that our pricing strategy delivers maximum value for the business, whilst simultaneously ensuring that we remain competitively priced.

Develop self-pay package prices for simple procedures and a mechanism to ensure that price estimates for more complex procedures are highly accurate.

please see JD for full listing

Person Specification

Qualifications Essential

Educated to degree level Fully qualified CCAB accountant Evidence of and commitment to continuous professional development

Desirable

Project management qualification

Communications and Relationships Essential

Excellent communication skills and use of written and spoken English Confident and professional manner Polite, friendly and a presentable appearance Professional use of email as a communication channel Ability to build meaningful relationships and influence key stakeholders at all levels of the organisation

Knowledge Essential

Minimum of five years' postqualification experience in a senior finance role Knowledge of and previous experience of working in a private healthcare environment oin a senior level finance role Ability to demonstrate an understanding of the application of healthcare finance to impact clinical and financial results High levels of competence in hospital accounting, analysis, forecasting, internal control and compliance

Disclosure and Barring Service Check This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.

Certificate of Sponsorship Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).

From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).

UK Registration

Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).

Employer details Employer name Royal National Orthopaedic Hospital NHS Trust

Address Royal National Orthopaedic Hospital

Brockley Hill

Stanmore

HA7 4LP

United Kingdom

Employer's website https://www.rnoh.nhs.uk/ (Opens in a new tab)

Skills

NHS TrustNHSHealthcareManagementFixed-Term

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