Location: Marylebone, London (4 days on-site)
Salary: Competitive
Contract Type: Full-time, Permanent
Hours: 37.5 hours, Monday to Friday
Reporting to: Chief Executive Officer/Chief Financial Officer
About Us
King Edward VII Hospital is a renowned independent hospital dedicated to providing world-class healthcare services. We are a 56-bedded acute hospital specialising in Colorectal, Urology, Orthopaedics, Men’s Health, and Women’s Health, delivered by a friendly, professional, and supportive team focused on being a centre of excellence for a wide variety of surgical procedures and treatments. You will be part of a team that cares for a wide range of surgical patients.
We are proud to be the owners of London’s only purpose-built Hydrotherapy Pool and have a dedicated Physiotherapy Unit, supporting patients recovering from treatments such as Foot, Knee, Hip, or Shoulder Surgery.
At King Edward VII’s Hospital, we believe in creating an inclusive and diverse workplace where everyone feels respected and valued. We are committed to fostering an environment that welcomes everyone, regardless of race, ethnicity, gender identity, sexual orientation, age, religion, or any other characteristic that makes them unique. By embracing diversity and fostering inclusion, we aim to create a workplace that is stronger, more innovative, and more successful.
The Role
As Head of Finance, you will oversee the hospital’s day-to-day financial processes, ensuring accurate management accounts and budgets. You will play a key role in cost efficiency, revenue recovery, and financial analysis, providing the Executive Team with insights that drive business performance.
Key Responsibilities
* Prepare and review monthly management accounts, providing analysis to the Executive Team and identifying financial trends.
* Produce detailed financial reports comparing hospital performance against budget and previous years, advising on improvement opportunities.
* Manage and develop the Finance team, ensuring targets such as KPIs and staff appraisals are met.
* Evaluate and enhance financial systems and processes to improve efficiency.
* Support revenue capture initiatives and ensure compliance with agreed recommendations.
* Work closely with the Director of Finance to assess profitability at both procedure and consultant levels.
* Collaborate with Heads of Departments and the Executive Team to drive margin improvement initiatives.
* Monitor cash flow, debtors, stock, and creditors, ensuring targets are met.
* Ensure all balance sheet accounts are reconciled monthly, with timely resolution of any issues.
* Lead cost-saving, efficiency, and revenue-generation projects as needed.
* Conduct departmental profit and loss reviews, providing advice and analysis to Heads of Department.
* Implement billing audits to maximise revenue and reduce invoice discounts and write-offs.
About You
We are looking for a proactive and analytical Head of Finance with a strong commercial background. You should have:
* A full accounting qualification (ICAEW, CIMA, ACCA, or equivalent)
* Proven experience in a commercial finance role
* Expertise in profit and loss, balance sheets, and cash flow statements
* Strong analytical and problem-solving skills, with the ability to present financial insights to senior management.
* Excellent communication and interpersonal skills, with the ability to influence financial performance across departments.
* Experience in leading and managing a finance team, inspiring high-quality service delivery.
* Experience with NetSuite is desirable.
How to Apply
Please apply by emailing your CV and a cover letter outlining your suitability for the role to. Kindly ensure the email subject line mentions 'Head of Finance”. Closing date: 27 February 2025
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