About this role
Job summary
This is an exciting opportunity for an experienced and motivated finance professional to join a high performing finance team. The focus of this role it to support the Trust to achieve its financial objectives, wider strategic objectives and commercial decision-making. It will require both analytical and interpersonal skills, as well as the ability to pick things up quickly and manage competing priorities. The role involves working closely with leading and innovative clinical and operational professionals at an organisation that is a global leader in oncology research and patient care.
Main duties of the job
The Head of Strategic Finance: Analytics and Insight is responsible for leading the Trust's strategic finance analytics, insight and modelling functions, ensuring that high-quality financial and operational intelligence is used to support effective decision-making at Trust, divisional and service level.The postholder will provide strategic leadership for the development, integration and application of analytical insight across the organisation, bringing together financial, operational, workforce, activity, costing and performance information to support the delivery of the Trust's strategic objectives and long-term financial sustainability.The role will lead the development and maintenance of the Trust's Long Term Financial Model, provide expert financial analysis and investment appraisal, and support major strategic initiatives, service developments and transformation programmes through robust modelling, evaluation and evidence-based recommendations.A key responsibility of the role is to ensure that insight leads to action. The postholder will work collaboratively with divisional, clinical, operational, information and finance colleagues to identify opportunities for improvement, support productivity and efficiency programmes, assess strategic options and drive the implementation of change informed by data, analysis and financial intelligence.
About us
The Royal Marsden NHS Foundation Trust is a world-leading cancer centre. Our role is to offer our patients the best cancer care available anywhere in the world, and to continue to make a global contribution to finding better ways of diagnosing and treating cancer. We employ over 4,500 staff in a diverse range of careers including nursing, medical, science, radiography, pharmacy, occupational therapy, finance and administrative services. We have two hospitals - one in Chelsea, London, and one in Sutton, Surrey - as well as a Medical Daycare Unit in Kingston Hospital.
At The Royal Marsden, we deal with cancer every day, so we understand how valuable life is. When people entrust their lives to us, they have the right to demand the very best. That's why the pursuit of excellence lies at the heart of everything we do.
At the heart of the hospital is our dedicated team. We offer a stimulating and dynamic working environment, a wide range of staff benefits, learning and development opportunities and clear career pathways. There are opportunities to work flexibly across a range of areas and specialities and we welcome flexible working requests from point of hire to support employees work life balance. We are looking for employees who aspire to excellence, share our values and can play a crucial role in our on-going achievements.
Job description Job responsibilities
For further information on this role, please see the attached detailed Job Description and Person Specification:
Key areas of responsibility 1. Provide expert advice, guidance and support to finance and non-finance colleagues, promoting the effective use of financial insight, analytics, modelling, costing, benchmarking and performance intelligence across the Trust.
2. Develop and communicate clear, concise and impactful reports, briefings and presentations that translate complex financial and non-financial information into meaningful insight and actionable recommendations for senior leaders, executive forums and Board committees.
3. Build and maintain effective relationships across the organisation and with external stakeholders, including Executive Directors, clinical and operational leaders, commissioners, partner organisations and national bodies, influencing decision-making and supporting the delivery of strategic objectives.
4. Act as an ambassador for the Strategic Finance function, promoting collaborative working, evidence-based decision-making and the effective use of financial intelligence to support organisational improvement and transformation.
5. Contribute to the development of a high-performing, innovative and forward-looking Finance Directorate, promoting strong analytical capability, effective governance and a culture of continuous improvement.
6. Maintain and develop the Trusts long-term financial model.
Person Specification
Education/Qualifications Essential
CCAB qualified accountant (or equivalent professional qualification) with substantial post-qualification experience.
Desirable
Evidence of continuous professional development relevant to strategic finance, analytics, leadership or organisational improvement.
Experience Essential
Extensive senior finance leadership experience within a large, complex organisation Demonstrable experience operating at a strategic level, influencing organisational direction and contributing to corporate decision-making. Experience leading strategic finance, analytics, business intelligence, performance, planning or organisational insight functions. Significant experience of developing and applying financial and operational insight to influence organisational decision-making and drive productivity, efficiency and service improvement. Experience leading complex transformation, productivity, efficiency or organisational change programmes and supporting implementation through robust analysis and evidence. Extensive experience developing, maintaining and applying complex financial models, including scenario planning and investment appraisal. Experience of advising Boards, Executive Directors and other senior stakeholders on complex financial and strategic issues. Experience of leading and developing high-performing professional teams. Experience of developing analytical, technical and professional capability across a finance function.
Desirable
Experience of producing and/or using PLICS and costing information within a healthcare environment. Experience operating within the NHS, healthcare sector or similarly complex regulated environment.
Skills Abilities/knowledge Essential
Advanced understanding of strategic finance, financial planning, investment appraisal and organisational performance. Ability to interpret, synthesise and communicate highly complex financial and non-financial information to a range of audiences. Ability to translate analysis, insight and evidence into practical recommendations and measurable organisational improvements. Highly developed analytical skills, including the ability to work with large and complex datasets and identify key themes, risks and opportunities. Excellent influencing, negotiation and relationship-management skills, with the ability to engage credibly with Executive Directors, clinicians and senior leaders. Excellent written, verbal and presentation skills, including preparation of Board-level reports and briefings. Ability to provide strategic leadership and direction within a professional finance function. Ability to lead organisational change, challenge existing practice and drive continuous improvement. Ability to develop collaborative relationships and work effectively across organisational boundaries.
Desirable
Knowledge of NHS finance, policy, regulation and the NHS Payment Scheme. Knowledge of costing methodologies, benchmarking and profitability analysis.
Leadership Behaviours Essential
Demonstrates behaviours consistent with the Trust values of Pioneering Change, Pursuing Excellence, Working Collaboratively and Showing Kindness.
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.
Employer details Employer name The Royal Marsden NHS Foundation Trust
Address The Royal Marsden Chelsea
Chelsea
SW3 6JJ
United Kingdom
Employer's website https://www.royalmarsden.nhs.uk/working-royal-marsden (Opens in a new tab)