At a Glance
- Tasks: Lead financial strategy for health research, managing a £1.8bn budget and a dynamic team.
- Company: Department of Health and Social Care, committed to improving lives through research.
- Benefits: Competitive salary, £5,000 Market Pay Supplement, flexible working options.
- Other info: Opportunity for career growth in a supportive and inclusive environment.
- Why this job: Make a real impact on health outcomes while leading a passionate team.
- Qualifications: Formal finance qualification (CCAB, CIMA or equivalent) required.
The predicted salary is between 60000 - 70000 £ per year.
Location: Leeds, London
About the job
In the Department of Health and Social Care, we are proud of our purpose – to enable everyone to live more independent, healthier lives for longer. To achieve this, and create a great place to work, we have four values: we are inclusive, we constantly improve, we challenge, and we are agile. If this sounds like an environment you would like to work in, we would love to hear from you.
The Science, Research and Evidence (SRE) Directorate provides research expertise to the Department of Health and Social Care (DHSC) and is responsible for the National Institute for Health and Care Research (NIHR), led by the DHSC Chief Scientific Adviser as CEO. SRE oversees more than £1.8bn of annual health research expenditure through NIHR to support research that improves health, social care and public health outcomes in England and globally. This funding is delivered through a complex portfolio of research programmes, infrastructure and systems, working with NHS organisations, universities and a wide range of national and international partners. At any one time DHSC/SRE via NHIR is holding +2,000 research contracts with a range of providers in the UK and overseas, processing hundreds of financial payments monthly.
This role is a key leadership role within the Research Systems Branch. The Branch is responsible for overseeing the operation of a number of functions which enable the NIHR to operate. As such, the Branch is responsible for NIHR finances, procurement and contracting, digital system, communications and impact, open access and publications policy, and patient and public engagement in research.
This role leads a team of 10 officials, with expertise in finance and policy. The postholder will be responsible for strategic oversight of financial management for SRE and NIHR; oversight of NIHR and SRE approach to risk and assurance; and lead on research financing policy.
The Head of Research Finance provides strategic financial leadership for SRE and NIHR across the £1.8bn per annum budget, ensuring strong financial control, assurance and value for money while enabling delivery of ministerial and system priorities. The role works closely with the SRE Director and Chief Scientific Adviser (Deputy CEO and CEO of the NIHR), and is central to senior decision‑making on investment, affordability and risk.
This role provides leadership to a technical accounting team and finance policy professionals, and liaises with DHSC financial reporting teams and the NAO. It also provides technical advice and support to the SRE Director as budget holder, reporting to the DHSC Permanent Secretary.
Given the level of financial professional qualification required for this role (CCAB, CIMA or equivalent qualification) the post holder will be eligible for an annual Market Pay Supplement of £5,000. This payment is in addition to the advertised baseline salary.
This position manages a large team across London and Leeds, which requires significant support and engagement including time working face to face. The post holder must be able to travel to either London or Leeds regularly, depending on their location.
The position is open to part-time, job-share and flexible working. As a business critical leadership position in SRE, work patterns under 0.8 FTE will not be viable for the breadth of responsibilities.
Person specification
Key Skills and Experience required for the role:
- Strong team leadership and line management, including being able to mentor and develop a technical team.
- Financial management and budget oversight, including experience of leadership, strategic direction setting, and ensuring effective service delivery.
- Financial assurance and risk management, including experience of establishing robust risk management frameworks and managing them effectively.
- Strategic finance and financial planning, including the impact of external pressures and inflation.
- Strong and effective communication skills, in particular presenting to seniors within your organisation, but also engaging broadly with the external health research sector and funding partners.
- An ability to manage a broad and dynamic portfolio of work.
Essential
- A formal finance qualification is required (CCAB, CIMA or equivalent).
Desirable
- An understanding of portfolio contract/grant management and accounting.
- An understanding of research delivery and funding.
Qualifications
A formal finance qualification is required (CCAB, CIMA or equivalent).
Behaviours
We'll assess you against these behaviours during the selection process:
- Leadership
- Delivering at Pace
- Changing and Improving
- Making Effective Decisions
We only ask for evidence of these behaviours on your application form: Leadership
Technical skills
We'll assess you against these technical skills during the selection process:
- Can you describe a time when you applied your technical knowledge of leading the effective delivery of financial operations?
- Can you describe a time when you applied your technical knowledge of developing risk management strategies and policies, and leading their implementation?
- Can you describe a time when you applied your technical knowledge of analysing and reporting on an organisation’s strategic financial position, and providing insight to senior budget holders and leaders?
Contact Details:
DEPARTMENT OF HEALTH AND SOCIAL CARE Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Head of Research Finance in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like DEPARTMENT OF HEALTH AND SOCIAL CARE. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Research Finance in London
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 DEPARTMENT OF HEALTH AND SOCIAL CARE.
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 DEPARTMENT OF HEALTH AND SOCIAL CARE'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 DEPARTMENT OF HEALTH AND SOCIAL CARE
✨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 DEPARTMENT OF HEALTH AND SOCIAL CARE.
✨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 DEPARTMENT OF HEALTH AND SOCIAL CARE 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 DEPARTMENT OF HEALTH AND SOCIAL CARE 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.