Finance Manager

Main area Finance Manager Grade NHS AfC: Band 7 Contract Permanent Hours

• Full time
• Home or remote working

37.5 hours per week (3 days in the office, 2 days remote working) Job ref 196-RD245

Employer Guy's and St Thomas' NHS Foundation Trust Employer type NHS Site Guy's Hospital Town London Salary £54,320 - £60,981 per annum incl. HCAS Salary period Yearly Closing 02/03/:59 Interview date 17/03/2025

Job overview

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

• 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

• Working towards a full CCAB/CIMA accountancy qualification and has extensive relevant specialist accountancy experience
• Registered for CPD with accounts institute
• Fully qualified CCAB/CIMA Accountant

Experience

• 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
• Previous NHS R&D finance experience

Skills

• 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

• 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

Guy's and St Thomas' celebrates, respects and values the diversity of its staff and patients. We review our policies, procedures and practices to ensure that all employees, patients and carers are treated equitable according to their needs. We are actively committed to ensuring that no one who applies for a job, works or studies at the Trust, or accesses our services is discriminated against on the grounds of race, ethnicity, nationality, disability, religion or belief, age, gender identity, gender reassignment, sexual orientation, pregnancy and maternity/paternity, or marital/civil partnership.

Applications are welcomed from applicants with a disability. We can make reasonable adjustments and offer support and advice in a variety of ways throughout the application process. Equality of opportunity is our policy.

As an organisation we are committed to developing our services in ways that best suit the needs of our patients. This means that some staff groups will increasingly be asked to work a more flexible shift pattern so that we can offer services in the evenings or at weekends.

We are committed to supporting all employees to achieve a healthy work life balance and to work in a way that is best for them and our patients. We will consider all requests to work flexibly, taking into account the individual's personal circumstances as well the needs of the service. We encourage all prospective applicants to discuss their individual circumstances with the recruiting manager as part of the on-boarding process.

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