NHS Finance Specialist in London

NHS Finance Specialist in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support NHS trusts in tackling financial challenges and improving sustainability.
  • Company: Join PA Consulting, a leader in healthcare innovation and strategy.
  • Benefits: Enjoy health perks, 25 days leave, and a generous pension scheme.
  • Other info: Hybrid working model with opportunities for community involvement.
  • Why this job: Make a real difference in the NHS while developing your finance skills.
  • Qualifications: Experience in NHS finance and strong analytical skills required.

The predicted salary is between 60000 - 80000 £ per year.

We believe in the power of ingenuity to build a positive human future. Our Economics and Investment Strategy (EIS) healthcare team supports NHS trusts and systems on their biggest financial challenges: financial recovery, cost improvement, productivity and long‑term financial sustainability. We work directly with Boards, CFOs and executive teams to identify drivers of deficit, design credible and deliverable recovery plans, and support the NHS to build enduring financial capability.

Experience Includes:

  • Identifying and validating £1bn+ of excess costs across NHS systems.
  • Designing and supporting delivery of some of the largest and most complex CIP and turnaround programmes in England.
  • Developing multi‑year financial recovery strategies for distressed trusts and systems.
  • Supporting NHS organisations to move from ‘grip and control’ to sustainable financial improvement.
  • Acting as strategic delivery partners to CFOs during periods of intense pressure and scrutiny.

What We’re Looking For:

We are looking to recruit market leading NHS finance professionals and consultants, who combine strong analytical capability with real world delivery experience. Hybrid working - our approach is to be in the office or on client site a minimum of 2 days per week. However, the actual time you spend and where you spend it will vary by role or assignment, including up to 5 days per week on a client site.

Qualifications:

  • NHS financial improvement and recovery.
  • Designing and delivering cost improvement programmes (CIP), financial recovery plans, and deficit reduction strategies.
  • Understanding and diagnosing drivers of excess cost across workforce, clinical services, estates and corporate spend.
  • Translating financial analysis into practical, owned and deliverable actions.
  • Strong working knowledge of NHS finance frameworks, ledgers and management accounts.
  • Experience working with ESR, workforce data, and service‑level financial information.
  • Confidence working at detail (ledger, run‑rate, scheme level) and at strategic horizon (multi‑year planning).
  • Building and using financial models to support short term recovery and long term sustainability.
  • Owning financial diagnostics, counterfactuals and scenario analysis.
  • Supporting CFOs and executive teams to make difficult trade offs and prioritisation decisions.

Delivery and Leadership:

  • Leading complex NHS programmes, often under time pressure.
  • Working credibly with Finance Directors, clinical leaders and operational teams.
  • Coaching, developing and upskilling client teams and junior consultants.

Backgrounds We Would Expect To See:

  • NHS finance leadership (e.g. Trust or System finance teams).
  • Consulting roles focused on NHS financial recovery, improvement or productivity.
  • Accountants or senior analysts with deep NHS experience and a strong delivery track record.

Security Clearance Requirements:

Please be aware that some of our UK roles at PA Consulting require a UK security clearance. All PA people are required to undergo background checks and to achieve the Baseline Personnel Security Standard; however, some UK roles also require higher levels of National Security Vetting, where applicants must have at least 5 years of continuous residency in the UK.

Benefits:

  • Health and lifestyle perks accompanying private healthcare.
  • 25 days annual leave (plus a bonus half day on Christmas Eve) with the opportunity to buy 5 additional days.
  • Generous company pension scheme.
  • Opportunity to get involved with community and charity‑based initiatives.
  • Annual performance‑based bonus.
  • Tax efficient benefits (cycle to work, give as you earn).

Equality Statement:

We’re committed to advancing equality. We recruit, retain, reward and develop our people based solely on their abilities and contributions and without reference to their age, background, disability, genetic information, parental or family status, religion or belief, race, ethnicity, nationality, sex, sexual orientation, gender identity (or expression), political belief, veteran status, or any other range of human difference brought about by identity and experience. We welcome applications from underrepresented groups.

Adjustments or Accommodations:

Should you need any adjustments or accommodations to the recruitment process, at either application or interview, please contact us.

NHS Finance Specialist in London employer: Consultancy.uk

At PA Consulting, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our London-based NHS Finance Specialists benefit from a generous benefits package, including private healthcare, a robust pension scheme, and opportunities for professional growth through community initiatives and performance-based bonuses. Join us to make a meaningful impact in the healthcare sector while enjoying a supportive environment that values diversity and personal development.

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Contact Details:

Consultancy.uk Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land NHS Finance Specialist in London

Tap into Campus Networks

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We think you need these skills to ace NHS Finance Specialist in London

Analytical Capability
Financial Recovery Strategies
Cost Improvement Programmes (CIP)
Deficit Reduction Strategies
NHS Finance Frameworks
Financial Modelling
Scenario Analysis

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Consultancy.uk.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Consultancy.uk's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Consultancy.uk

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Consultancy.uk.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Consultancy.uk will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Consultancy.uk employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.