NHS Finance Specialist

NHS Finance Specialist

Full-Time 46000 - 52000 £ / year (est.) No working from home possible
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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 46000 - 52000 £ per year.

Firm: PA Consulting

Location: London, United Kingdom

Employment: Full-time

Industry: Healthcare

We believe in the power of ingenuity to build a positive human future. As strategies, technologies, and innovation collide, we create opportunity from complexity. Our teams of interdisciplinary experts combine innovative thinking and breakthrough technologies to progress further, faster. Our clients adapt and transform, and together we achieve enduring results.

About the team

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. Much of our work is delivered on an outcomes‑linked basis, reflecting the confidence our clients place in our teams.

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.

NHS finance and data:

  • 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).

Financial modelling and strategy:

  • 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. We therefore ask that you only apply if you meet the residency requirements (i.e. you are a British citizen or have been resident in the UK for the past 5 years), as this is the prerequisite for a security clearance. If you’re unsure about your eligibility, we encourage you to review the UK Government’s guidance on security vetting before applying.

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 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 supportive environment with opportunities for professional growth, competitive health perks, and a generous leave policy, all while making a meaningful impact on the healthcare sector. Join us to be part of a team that not only values your contributions but also empowers you to drive positive change in the NHS.

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Contact Details:

Consultancy.uk Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land NHS Finance Specialist

Tip Number 1

Network like a pro! Reach out to current or former employees at PA Consulting on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

Tip Number 2

Prepare for the interview by understanding NHS finance inside out. Brush up on recent trends and challenges in the sector. We want to see that you’re not just knowledgeable but also passionate about making a difference in healthcare finance.

Tip Number 3

Showcase your problem-solving skills during interviews. Be ready to discuss specific examples where you've tackled financial challenges head-on. We love hearing about real-world experiences that demonstrate your analytical prowess!

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at PA Consulting.

We think you need these skills to ace NHS Finance Specialist

NHS financial improvement and recovery
Cost Improvement Programmes (CIP)
Financial Recovery Plans
Deficit Reduction Strategies
Financial Analysis
NHS Finance Frameworks
Management Accounts

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the NHS Finance Specialist role. Highlight your experience in financial recovery and cost improvement programmes, as well as any relevant NHS frameworks you’ve worked with. We want to see how your skills match what we’re looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about working in NHS finance and how your background makes you a perfect fit for our team. Don’t forget to mention specific projects or achievements that demonstrate your expertise.

Showcase Your Analytical Skills:Since we’re looking for strong analytical capabilities, make sure to include examples of how you’ve used data to drive decisions in previous roles. Whether it’s financial modelling or diagnosing excess costs, we want to see your analytical prowess in action!

Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, it shows us you’re serious about joining our team at PA Consulting!

How to prepare for a job interview at Consultancy.uk

Know Your NHS Finance Inside Out

Make sure you brush up on your knowledge of NHS finance frameworks, ledgers, and management accounts. Be prepared to discuss how you've identified and validated excess costs in the past, as this will show your analytical capability and real-world delivery experience.

Showcase Your Problem-Solving Skills

During the interview, be ready to share specific examples of how you've designed and delivered cost improvement programmes or financial recovery plans. Highlight your ability to translate complex financial analysis into practical actions that lead to sustainable improvements.

Demonstrate Leadership and Collaboration

PA Consulting values teamwork, so be prepared to talk about your experience leading complex NHS programmes and working with Finance Directors and clinical leaders. Share instances where you've coached or developed junior consultants, as this shows your commitment to building enduring financial capability.

Prepare for Scenario-Based Questions

Expect questions that require you to think on your feet, such as how you'd approach a financial recovery strategy under pressure. Practise articulating your thought process and decision-making criteria, especially when it comes to making difficult trade-offs and prioritisation decisions.