NHS

Finance Manager


Pay54,320.00 - 60,981.00 / year
LocationLondon/England
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: C9196-25-0247?language=en&page=1092&sort=publicationDateDesc

      Job summary

      The Finance Manager will provide financial oversight for the procedures for disseminating and accounting for NIHR Research Delivery Network (RDN) funding within the Regional RDN (RRDN) for an annual budget of circa £30M. This role will work with the Host Organisation's finance team and the RRDN Operations Director to ensure full accountability for RDN finance in the region. The Finance Manager will be involved in the management of the budget and will introduce, adapt and improve systems to assess applications for funding. The role will lead on the day-to-day coordination of budgets and produce forecasts and reporting of RDN expenditure as required by various stakeholders, including the RDN Coordinating Centre (RDNCC), RDN Board, and the Department of Health and Social Care (DHSC).

      The purpose of the role is to provide robust financial accountability, supported by the Finance Officer and Host Organisation finance team. Key responsibilities for this role include ensuring, at all times, that there is clear transparency of RDN usage and that there is a clear audit trail for the accountability of expenditure. The role will also be responsible for oversight of the processing of the Excess Treatment Costs (ETC) payments and ensuring that all payments are processed in-line with the Host Organisation requirements and within the contractual and sub-contractual arrangements for the RRDN.

      Main duties of the job

      • Financial Management Responsibilities
      • Information & Administration
      • Business Planning
      • Operational Management
      • Service Improvement & Development
      • Communication & Stakeholder Management
      • Corporate Governance

      About us

      From October 2024, the current NIHR Clinical Research Network will be changing to become the NIHR Research Delivery Network (RDN). The RDN will build on the successes of the CRN in supporting the effective and efficient initiation and delivery of funded research across the health and care system in England for the benefit of patients, the health and care system and the economy. The RDN will support:

      • Clinical trials and other well-designed health and social care research studies (including studies that are delivered outside of an NHS setting);
      • Public health studies that require the recruitment of individuals within an NHS setting (that is, acute, ambulance, mental health, community or primary care) or an episode of care which involves contact with the NHS.

      Date posted

      14 February 2025

      Pay scheme

      Agenda for change

      Band

      Band 7

      Salary

      £54,320 to £60,981 a year per annum incl. HCAS

      Contract

      Permanent

      Working pattern

      Full-time, Home or remote working

      Reference number

      196-RD245

      Job locations

      Guy's Hospital

      London

      SE1 9RT


      Job description

      Job responsibilities

      • Lead and support the RRDN Finance function in delivering a comprehensive finance service to the RRDN, including leading on the annual budget planning process (developing Outline Use of Resources and consultation with key stakeholders) and providing expertise in the appropriate use of RDN funding to all internal and external stakeholders
      • Lead on any local financial modelling, calculating indicative budget allocations and informing recipients of RDN funding outcomes
      • Oversee the invoicing arrangements and payments of RDN funding and ETC funding for the RRDN, monitor expenditure and performance for management, and frequently evaluate the procedure for accessing funding to ensure that it continues to meet the needs of researchers and other stakeholders in the RRDN region
      • Prepare and issue any ad hoc and strategic calls for funding across the RRDN
      • Work with the RRDN Operations Director to review Delivery Organisation plans and report and to assess on-going Value for Money
      • Lead on the collection of accurate and timely data from recipients of RDN funding to support the management, and preparation of regular reporting of expenditure within the RRDN to the Host Organisation and to the RDNCC
      • Line management of staff members, which will include undertaking staff reviews to identify training and development needs, and establishing how those needs will be met, and managing performance against agreed objectives
      Job description

      Job responsibilities

      • Lead and support the RRDN Finance function in delivering a comprehensive finance service to the RRDN, including leading on the annual budget planning process (developing Outline Use of Resources and consultation with key stakeholders) and providing expertise in the appropriate use of RDN funding to all internal and external stakeholders
      • Lead on any local financial modelling, calculating indicative budget allocations and informing recipients of RDN funding outcomes
      • Oversee the invoicing arrangements and payments of RDN funding and ETC funding for the RRDN, monitor expenditure and performance for management, and frequently evaluate the procedure for accessing funding to ensure that it continues to meet the needs of researchers and other stakeholders in the RRDN region
      • Prepare and issue any ad hoc and strategic calls for funding across the RRDN
      • Work with the RRDN Operations Director to review Delivery Organisation plans and report and to assess on-going Value for Money
      • Lead on the collection of accurate and timely data from recipients of RDN funding to support the management, and preparation of regular reporting of expenditure within the RRDN to the Host Organisation and to the RDNCC
      • Line management of staff members, which will include undertaking staff reviews to identify training and development needs, and establishing how those needs will be met, and managing performance against agreed objectives

      Person Specification

      Education

      Essential

      • Postgraduate qualification (eg. Post Graduate Diploma) in a relevant subject or significant relevant equivalent experience
      • Working towards a full CCAB/CIMA accountancy qualification and has extensive relevant specialist accountancy experience
      • Registered for CPD with accounts institute

      Desirable

      • Fully qualified CCAB/CIMA Accountant

      Experience

      Essential

      • Significant specialist accountancy, financial and performance management experience in a large organisation
      • Ability to apply previous experience of working across multi-disciplinary services for budgeting, financial reporting and strategic financial planning to lead on the delivery a specialist accountancy service
      • Significant knowledge of financial management and budgetary management
      • Significant knowledge of current NHS accounting principles and procedures
      • Ability to work on a number of projects simultaneously to meet agreed deadlines, concentrating and focusing on a range of issues
      • Ability to engage effectively with clinicians and senior managers
      • Ability to cope and function effectively when working in a pressurised environment and with constant interruptions
      • Development of finance processes and systems in order to improve the overall effectiveness and efficiency of financial information
      • Ability to analyse complex information and resolve complex problems
      • Ability to make decisions within own area within broad boundaries
      • Excellent IT skills, particularly in use of Google Workspace applications and MS Office applications, particularly Excel to a high level and financial computer systems
      • Experience of working in the health and care research sector, the health and social care service sector or academic environment

      Desirable

      • Previous NHS R&D finance experience

      Skills

      Essential

      • Ability to identify and analyse information management problems or potential problems, including complex problems, and to offer relevant solutions
      • Ability to lead to the formulation of an external budget, undertake financial modelling and budget planning activities
      • Ability to contribute to financial monitoring and reporting to external parties in a timely and accurate manner
      • Ability to prioritise competing demands, and to balance project development requirements with day-to-day operational needs
      • Ability to manage own time and ensure deadlines are met by self and others
      • Proven written and verbal communication skills with different staff groups
      • Ability to explain complex, technical issues to non-technical staff both orally and in writing
      • Ability to identify and analyse financial information, problems, or potential problems, including complex problems, and to offer relevant solutions
      • Ability to prepare and deliver presentations and reports to a high standard
      • Ability to monitor performance against agreed goals, aims or targets and determine value for money
      • Ability to work under pressure to achieve targets

      Personal Qualities

      Essential

      • Excellent people skills and an ability to work with, and to influence, a wide range of people
      • Independently and using initiative, to have the ability to plan and organise work programmes, and to adjust programmes as required ensuring effective delivery
      • Ability to prioritise competing demands, and to balance project development requirements with day-to-day operational needs
      • Flexibility to move quickly from one topic to another in a fast-moving environment
      • Willingness to travel
      Person Specification

      Education

      Essential

      • Postgraduate qualification (eg. Post Graduate Diploma) in a relevant subject or significant relevant equivalent experience
      • Working towards a full CCAB/CIMA accountancy qualification and has extensive relevant specialist accountancy experience
      • Registered for CPD with accounts institute

      Desirable

      • Fully qualified CCAB/CIMA Accountant

      Experience

      Essential

      • Significant specialist accountancy, financial and performance management experience in a large organisation
      • Ability to apply previous experience of working across multi-disciplinary services for budgeting, financial reporting and strategic financial planning to lead on the delivery a specialist accountancy service
      • Significant knowledge of financial management and budgetary management
      • Significant knowledge of current NHS accounting principles and procedures
      • Ability to work on a number of projects simultaneously to meet agreed deadlines, concentrating and focusing on a range of issues
      • Ability to engage effectively with clinicians and senior managers
      • Ability to cope and function effectively when working in a pressurised environment and with constant interruptions
      • Development of finance processes and systems in order to improve the overall effectiveness and efficiency of financial information
      • Ability to analyse complex information and resolve complex problems
      • Ability to make decisions within own area within broad boundaries
      • Excellent IT skills, particularly in use of Google Workspace applications and MS Office applications, particularly Excel to a high level and financial computer systems
      • Experience of working in the health and care research sector, the health and social care service sector or academic environment

      Desirable

      • Previous NHS R&D finance experience

      Skills

      Essential

      • Ability to identify and analyse information management problems or potential problems, including complex problems, and to offer relevant solutions
      • Ability to lead to the formulation of an external budget, undertake financial modelling and budget planning activities
      • Ability to contribute to financial monitoring and reporting to external parties in a timely and accurate manner
      • Ability to prioritise competing demands, and to balance project development requirements with day-to-day operational needs
      • Ability to manage own time and ensure deadlines are met by self and others
      • Proven written and verbal communication skills with different staff groups
      • Ability to explain complex, technical issues to non-technical staff both orally and in writing
      • Ability to identify and analyse financial information, problems, or potential problems, including complex problems, and to offer relevant solutions
      • Ability to prepare and deliver presentations and reports to a high standard
      • Ability to monitor performance against agreed goals, aims or targets and determine value for money
      • Ability to work under pressure to achieve targets

      Personal Qualities

      Essential

      • Excellent people skills and an ability to work with, and to influence, a wide range of people
      • Independently and using initiative, to have the ability to plan and organise work programmes, and to adjust programmes as required ensuring effective delivery
      • Ability to prioritise competing demands, and to balance project development requirements with day-to-day operational needs
      • Flexibility to move quickly from one topic to another in a fast-moving environment
      • Willingness to travel

      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).

      Additional information

      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).

      Employer details

      Employer name

      Guy's and St Thomas' NHS Foundation Trust

      Address

      Guy's Hospital

      London

      SE1 9RT


      Employer's website

      https://www.guysandstthomas.nhs.uk/careers/careers.aspx (Opens in a new tab)

      Employer details

      Employer name

      Guy's and St Thomas' NHS Foundation Trust

      Address

      Guy's Hospital

      London

      SE1 9RT


      Employer's website

      https://www.guysandstthomas.nhs.uk/careers/careers.aspx (Opens in a new tab)

  • About the company

      National Health Service (NHS) is the umbrella term for the publicly-funded healthcare systems of the United Kingdom (UK). The founding principles were that services should be comprehensive, universal and free at the point of delivery—a health service based on clinical need, not ability to pay. Each service provides a comprehensive range of health services, free at the point of use for people ordinarily resident in the United Kingdom apart from dental treatment and optical care.