Associate Director of Finance - Contracts, Income and Financial Planning

Working as a partnership, both Isle of Wight NHS Trust and Portsmouth Hospitals University NHS Trust have a shared vision for excellence in care for our patients and communities; with a set of strategic aims underpinning how we will achieve this. 

The single corporate service is delivered across both organisation.  You may be based at either IWT or PHU and individuals may be required to undertake business travel between sites. For leaders managing staff across multi-site locations, you will need to be visible and provide in person leadership. The arrangements and frequency will be agreed locally.

Band: 8d £94,356 - £108,814 per annum pro rata 

Hours: 37.5 hours per week

Contract Type: Permanent

Location: This role will be split between Queen Alexandra Hospital, Southwick Hill Road, Cosham, Portsmouth, PO6 3LY and Corporate Hub, Building 4000,  Lakeside North Harbour, Western Road, Cosham, Portsmouth, PO6 3EN.

Are you able to bring your strong leadership skills to our shared vision? The NHS cannot meet future challenge without change, come be part of that change!

By joining our NHS team, you will become part of a talented, passionate team of people, committed to developing services to the organisations.

We are looking for an ambitious candidate who is a fully CCAB qualified, highly motivated, and significantly experienced and innovative finance leader to join the Finance Leadership team as an Associate Director of Finance. 

Main Duties and Purpose of the Role

Reporting to the Operational Director of Finance, the primary purpose for the role will be to lead a contracts, income, and financial planning as part of one single corporate service, providing professional oversight on all aspects of contracts, income, financial planning and improvement across both Trusts.

The contracts, income and financial planning team is responsible for ensuring income is maximised and that contractual arrangements and monitoring information is in place to support all income activities across both Trusts, that financial planning is robust, triangulated across activity and workforce, and that financial improvement plans and opportunities are all incorporated.

The Associate Director of Finance role will support in delivering an outstanding finance function, representing a key member of the Finance Leadership Team, and providing day to day leadership of the contracts, Income and  financial planning.

The role will include responsibility for developing the strategic planning and contracting initiatives through the preparation of longer-term financial sustainability plans for both Trusts.

The post holder is responsible for Service Line Reporting and insight– bringing together the contractual income position with the fully absorbed service costs ( activity based costing). This includes translating information for Clinical Directors, identifying opportunities for improved productivity and financial sustainability.  This is a complex area which requires exceptional analytical, communication and presentational skills.  

The role will include responsibility for leading the preparation and timely submission of both Trusts Financial Plans to NHSE/ICB as part of the overall National and local Operational Planning process. To this end, the individual must show very high levels of financial expertise and technical training, with specialist knowledge and expertise of NHS financial guidance and International Financial Reporting Standards.

The successful candidate is expected to work as part of a cohesive finance team, to present highly complex financial messages and business information clearly and persuasively to very senior colleagues across both Trusts and large groups, such as the whole Finance function as well as clinical and non-clinical colleagues across the Trust.

They will be accountable for interpreting changes in government policy and assessing the financial impact of these changes on Trust Finances. They will propose and make changes to Trust policy as appropriate, ensuring that policies and procedures are developed and implemented in line with Trust requirements.

The post holder has direct line management responsibility for.

• Head of Contracts and Income
• Head of Financial Planning & Analytics
• Head of Financial Improvement

The individual will be expected to work in a matrix style as part of the Senior Finance Leadership team servicing both statutory organisations and both Finance Directors. This will require working closely with and drawing information from the Associate Director of Financial Management and the Associate Director of Financial Services and Reporting.

The post holder will be expected to have a complete understanding of both Trusts overall financial position in terms of both Income and Expenditure and the relationship with the CIP programmes, articulating any further opportunities which may not already be part of plans.

The post holder will be expected to provide and articulate financial information to Financial Recovery Boards, ensuring information provided is robust and accurate, and  provide financial leadership and direction, ensuring there is a focus on the delivery of strategic initiatives and business objectives.

For further details, please see enclosed Job Description

Essential  

• CCAB qualified
• Significant Post Qualification Experience
• Evidence of active continuing professional development

 Desirable 

• Recognised Leadership Development programmes 
• MBA or similar post-graduate qualification.

Experience

Essential 

• Broad finance department experience and understanding 
• Experience of operating at a senior leadership level in an NHS finance environment
• Experience of financial planning, triangulating Finance, Activity and Workforce
• Experience in delivering Service Line Reporting and management in a complex provider setting
• A record of achievement in managing and improving NHS financial management services

Knowledge

Essential 

• Comprehensive knowledge and understanding of the NHS finance environment.
• Comprehensive knowledge and understanding of financial reporting skills and techniques. 
• Knowledge and understanding of strategic and operational planning and budgeting, including contracting and performance monitoring.

The health and wellbeing of our staff is at the forefront of everything we do. We are proud to be able to offer our staff some fantastic benefits including our on-site Nursery, access to our free Beach Hut for those long summer days, our on-site Wellness Centre including a gym and a swimming pool, access to our fantastic staff networks including LGBTQ, Race Equality and DisAbility, and awards ceremonies to recognise your achievements. We believe we can offer support to all of our staff when they need it the most.

We welcome the unique contributions that you can bring in terms of your education, opinions, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran’s status, colour, religion, disability, sexual orientation, and beliefs. 

For more information, please see our People and OD Strategy 2026