Principal Finance Manager

Principal Finance Manager

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a dynamic finance team, providing high-quality financial management and strategic advice.
  • Company: Join Northumbria Healthcare, a top-performing NHS trust known for innovation and quality care.
  • Benefits: Enjoy a supportive work environment, competitive salary, and opportunities for professional development.
  • Why this job: Make a real impact in healthcare while working in a vibrant community with great living conditions.
  • Qualifications: Must be CCAB qualified with substantial experience in financial management.
  • Other info: Driving licence required; flexible adjustments considered for disabled applicants.

The predicted salary is between 43200 - 72000 £ per year.

An exciting opportunity has arisen for an experienced finance professional to join our busy and dynamic financial management team. The post will support the chief finance manager in providing a professional high quality financial management accounting service to several specialties. This involves coordinating the operational financial management section providing financial and business planning advice as well as investigating and advising on highly complex and sensitive financial issues.

Candidates must be CCAB qualified accountants and have substantial relevant experience working in a financial management environment. You will have excellent interpersonal, communication, presentations, analytical and people management skills and have experience of dealing with difficult situations and the ability to handle conflicting interests in a positive and professional manner.

Main duties of the job
  • Responsible for the management of a Financial Management section in providing a professional, high quality financial management accounting service.
  • Plays a leading role in both Business Unit and Trustwide teams in determining and monitoring strategic direction and operational processes.
  • Responsible for investigating and advising on highly complex and sensitive financial issues.
  • Provides financial and business planning advice and corporate reports to ensure financial controls are maintained in line with Corporate Governance requirements.
  • Ensures statutory accounts & returns are accurate and meet agreed timescales and legal requirements, interpreting these where necessary.
  • Contributes to the medium term financial strategy of the Trust and to the objectives of the Business Units.
Person Specification

Qualifications

  • Must possess a Professional Accountancy qualification e.g. The Chartered Institute of Public Finance & Accountancy or The Chartered Institute of Management Accountants.
  • Ongoing participation in the relevant Continuing Professional Development programme, as required by the professional accountancy body, is essential. A minimum of 30 hours per year must be devoted to structured development, underpinned by 2-3 hours per week of reading and private study.

Experience

  • Desirable working knowledge of Oracle Financials computer system.
  • Specialist knowledge and experience of NHS financial regimes and legislation.
  • Knowledge of or experience in coaching and mentoring practices and tools.
  • Knowledge of or experience in Quality improvement tools, techniques and methods.

Other

  • It is an essential requirement of the role that the post holder has a valid driving licence and is either a car owner and able to use the car for work purposes, or has a Trust personal lease vehicle which may be used for the role. However, the Trust would consider making reasonable adjustments to the role, if necessary, to enable a disabled person to undertake the role.

Principal Finance Manager employer: Health Jobs UK

Northumbria Healthcare NHS Foundation Trust is an exceptional employer, offering a supportive work environment that prioritises both staff and patient experiences. With a commitment to professional development and a culture of compassionate leadership, employees can thrive in their careers while enjoying the benefits of living in a region known for its clean air, affordable living, and rich history. Join us in making a meaningful impact within one of the best performing NHS organisations in England.
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Contact Detail:

Health Jobs UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Principal Finance Manager

✨Tip Number 1

Familiarise yourself with the NHS financial regimes and legislation. Understanding these will not only help you in interviews but also demonstrate your commitment to the role and the organisation.

✨Tip Number 2

Network with current or former employees of Northumbria Healthcare. They can provide insights into the company culture and expectations, which can be invaluable during your application process.

✨Tip Number 3

Prepare to discuss your experience in managing complex financial issues. Be ready to share specific examples that highlight your analytical skills and ability to handle sensitive situations.

✨Tip Number 4

Showcase your leadership style during any interactions. The role emphasises compassionate and inclusive leadership, so think about how you can demonstrate these qualities in your discussions.

We think you need these skills to ace Principal Finance Manager

CCAB Qualified Accountant
Financial Management Expertise
Business Planning and Strategy
Analytical Skills
Interpersonal Skills
Communication Skills
Presentation Skills
Problem-Solving Skills
Leadership and Team Management
Coaching and Mentoring
NHS Financial Regimes Knowledge
Oracle Financials System Knowledge
Quality Improvement Techniques
Attention to Detail
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your CCAB qualification and relevant experience in financial management. Use specific examples that demonstrate your skills in handling complex financial issues and your ability to provide business planning advice.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the organisation. Mention how your leadership style aligns with the compassionate and inclusive culture they promote, and provide examples of how you've successfully managed teams or projects in the past.

Highlight Relevant Skills: Emphasise your interpersonal, communication, and analytical skills in both your CV and cover letter. Provide concrete examples of how you've dealt with difficult situations and managed conflicting interests in a professional manner.

Follow Application Guidelines: Carefully read the applicant guidance notes provided by Northumbria Healthcare NHS Foundation Trust. Ensure you include all required documents and adhere to any specified formats or submission methods when applying through our website.

How to prepare for a job interview at Health Jobs UK

✨Showcase Your Financial Expertise

As a Principal Finance Manager, it's crucial to demonstrate your extensive knowledge of financial management principles. Be prepared to discuss your experience with complex financial issues and how you've successfully navigated them in previous roles.

✨Highlight Leadership Skills

This role requires strong leadership abilities. Share examples of how you've engaged and empowered teams in the past, particularly in challenging situations. Discuss your approach to coaching and mentoring others in a financial context.

✨Prepare for Technical Questions

Expect questions related to NHS financial regimes and legislation. Brush up on relevant regulations and be ready to explain how you would ensure compliance while providing high-quality financial services.

✨Demonstrate Communication Skills

Effective communication is key in this role. Prepare to discuss how you've presented financial information to non-financial stakeholders. Use clear examples to illustrate your ability to convey complex data in an understandable way.

Principal Finance Manager
Health Jobs UK
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