At a Glance
- Tasks: Lead financial management of patient income and ensure accurate reporting for NHS contracts.
- Company: Join the University Hospitals of Derby and Burton NHS Foundation Trust, a community-focused organisation.
- Benefits: Enjoy professional development, employee assistance programmes, and discounted gym memberships.
- Why this job: Make a real impact on patient care through strategic financial leadership in a dynamic environment.
- Qualifications: Qualified CCAB accountant with senior-level experience and knowledge of NHS payment regimes.
- Other info: Be part of a research-active hospital with numerous opportunities for growth and innovation.
The predicted salary is between 55000 - 65000 £ per year.
We are seeking an experienced and collaborative finance professional to provide strategic leadership in the management of patient income across the Trust. This is a key role supporting sustainable, high-quality patient care through robust financial planning, insight, and partnership working with NHS commissioners.
In this role, you will:
- Provide financial leadership for the management of patient income contracted with NHS commissioners
- Lead the production of accurate, timely, and insightful information on income and activity performance
- Play a central role in the annual negotiation and agreement of contract values, ensuring alignment with agreed activity plans
- Support the development of the Trust's annual plan by ensuring contract income reflects service delivery ambitions and patient need
A key member of the Finance team, this role is responsible for overseeing all patient-related income receivable by the Trust and leading the Income Team to ensure the accuracy and integrity of income recorded in the ledger. The postholder will maintain and review income-related processes to meet local and national reporting requirements and will work closely with the Contract Management Team and operational colleagues to negotiate annual contract values. They will ensure that activity is accurately recorded and priced in line with the National Payment System. The role also provides timely and accurate income information to support monthly and annual reporting, helping to underpin effective financial management and decision-making across the Trust.
As a trusted organisation at the heart of our communities, we recognise the important role we can play in supporting the public, patients, our own people and local partners in achieving the best of health for the local population and the communities in which they live by providing Exceptional Care Together. Our fundamental Values of Compassion, Openness and Excellence underpin how we intend to work as a Trust and the associated behaviours are becoming embedded in all aspects of how we work.
In Return We Will Offer:
- Development opportunities, both professional and leadership development
- On-going support from recruitment to when you join our team and beyond.
- Staff benefits including employee assistance programme, discounted gym membership, onsite fitness classes, car schemes
Essential Qualifications:
- Qualified CCAB accountant with post-qualification experience at a senior level
- Participates in continuing professional development and maintains their professional registration
- Candidate has full understanding of the different accounting treatment required for NHS by legislation or policy
Desirable:
- Post Qualification experience in a complex organisation
Essential Experience / Knowledge:
- Detailed knowledge of NHS payment regimes
- Experience in negotiation and agreement of contracts
- Experience managing large and complex data sets
- Experience of implementing new approaches to financial reporting
Essential Skills:
- Possess professional leadership and management skills and be able to successfully motivate and develop their supporting staff. They will be expected to provide appropriate guidance and advice on technical issues to their team.
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Applicants must have current UK professional registration.
Head of Income employer: iCrave
Contact Detail:
iCrave Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Income
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and NHS sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the Trust thoroughly, understand their values, and think about how your experience aligns with their goals. Practise common interview questions and prepare some insightful questions of your own to show you’re genuinely interested.
✨Tip Number 3
Showcase your skills! Bring along examples of your past work that demonstrate your financial leadership and negotiation prowess. Whether it’s a presentation or a report, having tangible evidence of your achievements can really set you apart.
✨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, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Head of Income
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Head of Income role. Highlight your experience in financial leadership and NHS payment regimes, as this will show us you understand what we're looking for.
Showcase Your Achievements: Don’t just list your responsibilities; share specific achievements that demonstrate your impact in previous roles. We love seeing how you've contributed to financial planning and contract negotiations!
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate a well-structured application that’s easy to read.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at iCrave
✨Know Your Numbers
As a Head of Income, you'll need to demonstrate your understanding of financial metrics and NHS payment regimes. Brush up on key figures related to patient income and be ready to discuss how you've managed or improved these in previous roles.
✨Showcase Your Leadership Skills
This role requires strong leadership and management skills. Prepare examples of how you've successfully motivated teams or led projects in the past. Think about specific challenges you faced and how you overcame them to achieve results.
✨Understand the Trust's Values
Familiarise yourself with the Trust's values of Compassion, Openness, and Excellence. Be prepared to discuss how these values resonate with your own professional philosophy and how you would embody them in your role.
✨Prepare for Contract Negotiation Scenarios
Since you'll be involved in negotiating contract values, think through potential scenarios you might face during negotiations. Prepare to discuss your approach to achieving alignment with activity plans and how you handle conflicts or disagreements.