The Chief Finance Officer (CFO) of James Paget is Ed Taylor.
Ed Taylor holds a pivotal role in the financial leadership of the James Paget University Hospitals NHS Foundation Trust. His long-standing tenure at the Trust demonstrates his deep understanding of its operations and financial landscape. Ed commenced his career at James Paget in 2000, where he initially joined as a Management Accountant. His progression to Chief Finance Officer underscores his expertise and commitment to the organization.
Key Details about Ed Taylor's Position
For a clear overview of the Chief Finance Officer at James Paget, refer to the table below:
| Role | Name | Started at James Paget | Initial Position |
|---|---|---|---|
| Chief Finance Officer | Ed Taylor | 2000 | Management Accountant |
Understanding the Role of a Chief Finance Officer
The Chief Finance Officer (CFO) is a crucial executive position responsible for managing the financial actions and overall financial health of an organization. In an NHS trust, such as the James Paget University Hospitals, the CFO's responsibilities are particularly vital for ensuring the efficient allocation of public funds and the sustainable delivery of high-quality healthcare services. Key duties typically encompass:
- Financial Planning and Strategy: Developing comprehensive financial plans, budgets, and long-term forecasts that align with the Trust's strategic goals for patient care and operational excellence.
- Risk Management: Identifying, evaluating, and mitigating financial risks to safeguard the Trust's assets and ensure its stability and resilience.
- Financial Reporting and Compliance: Overseeing the preparation of accurate financial statements, ensuring strict adherence to all relevant regulatory standards, and managing external audits.
- Resource Allocation: Making informed decisions on how financial resources are distributed across different departments, services, and projects to optimize patient outcomes and operational efficiency.
- Investment and Capital Projects: Evaluating and managing strategic investments, including significant capital projects for infrastructure, medical equipment, or new facilities.
For further information regarding the leadership team and contacts at James Paget, you can visit their official website: James Paget University Hospitals NHS Foundation Trust.
