Finance Manager - Costing

Finance Manager - Costing

Oxford Full-Time 46300 - 50700 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead costing initiatives and prepare financial reports for the NHS.
  • Company: Join Oxford University Hospitals, a leading NHS teaching trust dedicated to compassionate care.
  • Benefits: Enjoy competitive salary, professional development, and a supportive work environment.
  • Why this job: Make a real impact in healthcare finance while working with a passionate team.
  • Qualifications: AAT qualified with significant experience in finance, preferably within the NHS.
  • Other info: This role includes a 6-month probation period and may close early if applications are high.

The predicted salary is between 46300 - 50700 £ per year.

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Band 5 NurseandBand 2 Healthcare Support Workerrecruitment iscentralised, meaning when you apply you will be considered fora number of rolesacross the Trust. If you have any questions please email:nursing.careers@ouh.nhs.uk .

Domestic,catering,porteringandmaintenance engineerservices at some of our hospitals are provided by our PFI partners. For these jobs, please seevacancies with our PFI partners .

Fraudulent recruiters have been using social media platforms to dupe potential job seekers into divulging personal and financial information.

Sophisticated frauds, involving grooming of targeted individuals, shows the fake recruiter asking the unsuspecting job seeker to take part in a fake job interview, either over the phone or via WhatsApp, and also sending fraudulent follow-up correspondence offering job positions.

Any communication about jobs at Oxford University Hospitals will come from \’Trac\’, or via an ouh.nhs.uk email address.

All meetings and interviews will be scheduled on Microsoft Teams from a verified OUH email account.

If you have any doubts about any correspondence around recruitment, please contact us.

Site Oxford University Hospitals NHS Foundation Trust Town Oxford Salary £53,755 – £60,504 per annum / pro rata Salary period Yearly Closing 05/08/2025 23:59

Oxford University Hospitals NHS Foundation Trust is one of the largest NHS teaching trusts in the country. It provides a wide range of general and specialist clinical services and is a base for medical education, training and research.

The Trust comprises of four hospitals – the John Radcliffe Hospital, Churchill Hospital and Nuffield Orthopaedic Centre in Headington and the Horton General Hospital in Banbury.

Our values, standards and behaviours define the quality of clinical care we offer and the professional relationships we make with our patients, colleagues and the wider community. We call thisDelivering Compassionate Excellenceand its focus is on our values of compassion, respect, learning, delivery, improvement and excellence.

Many of our recruitment programmes useValue Based Interviewingto identify those who have the skills we seek, who share our values and who are able to deliver compassionate excellence from the outset. We know that this makes a significant difference to your job satisfaction and above all the outcomes and experience of our patients and their families. For more information about our Values and Value Based Interviewing please visitwww.ouh.nhs.uk/about/vision-and-values

Job overview

Are you a skilled financial professional with a passion for costing and reporting? Do you have experience in a large organisation, preferably within the NHS, and are looking to make a significant impact? If so, we have an exciting opportunity for you!

OUH are looking to recruit a skilled Finance Manager for Costing to join our finance team.

If you are ready to take on this challenging and rewarding role, apply now and become a vital part of our finance team. Together, we can continue to make a difference in the healthcare sector!

Main duties of the job

Main Purpose of the post:

  • To work as a member of the costing team meeting the challenge of the NHS England (NHSE) ‘Future of Costing’ programme and all other costing developments as introduced to the NHS.
  • To lead the annual National Cost Collection (NCC) and Education & Training returns.
  • To assist in the preparation of timely and accurate statutory and non-statutory returns for both internal and external stakeholders.

Working for our organisation

Oxford University Hospitals NHS Foundation Trust is one of the largest NHS teaching trusts in the country. It provides a wide range of general and specialist clinical services and is a base for medical education, training and research. The Trust comprises four hospitals – the John Radcliffe Hospital, Churchill Hospital and Nuffield Orthopaedic Centre in Headington and the Horton General Hospital in Banbury.

Our values, standards and behaviours define the quality of clinical care we offer and the professional relationships we make with our patients, colleagues and the wider community.

We call this Delivering Compassionate Excellence, and its focus is on our values of compassion, respect, learning, delivery, improvement and excellence.

These values put patients at the heart of what we do and underpin the quality healthcare we would like for ourselves or a member of our family. Watch how we set out to deliver compassionate excellence via the OUH YouTube channel .

In 2023NHS England launched its first sexual safety charter, and our Trust proudly signed it. We pledge zero tolerance for inappropriate sexual behaviour and commit to the ten core principles

Oxford University Hospitals promotes a safe, respectful hiring environment.

If you want to make a difference with us, come and join our team. Together, we will uphold the highest standards of care and professionalism.

Detailed job description and main responsibilities

  • Lead the annual National Cost Collection (NCC) and Education & Training returns.
  • Assist in the preparation of statutory and non-statutory returns for both internal and external stakeholders.
  • Design, create, and implement changes to costing models to meet the \’Future of Costing\’ requirements.
  • Develop monthly Service Line Reporting (SLR) and the Patient Level Costing model (PLICS).
  • Provide expert costing guidance to all Clinical Divisions within the Trust.
  • Maintain and develop the Power BI front end reporting tool to meet stakeholder needs.
  • Benchmark services against similar organisations using available tools.
  • Design and present financial training sessions to finance and non-finance staff.

Person specification

Qualifications

  • AAT Member with significant relevant post qualification experience
  • Fully Qualified Accountant (CCAB or equivalent)

Experience/ Skills

  • Over five years’ experience working in a finance department of a large organisation, preferably within the NHS.
  • The ability to frequently concentrate for long periods on complex calculations and information.
  • Expert knowledge of the guidance that underpins NHS costing, National Cost Collections and education & training costs.
  • Good analytical skills in handling large and complex data sets
  • SQL script writing & Oracle financials use
  • Working knowledge of NHSPS tariff

COVID-19: The COVID-19 vaccination remains the best way to protect yourself, your family, your colleagues and of course our patients from the virus when working in our healthcare settings. Whilst COVID-19 vaccination is not a condition of employment , we do encourage our staff to get vaccinated. If you are unvaccinated there is helpful advice and information at Oxfordshire County Council Website where you can also find out more about how to access vaccination.

Vacancy Closures: Please note, this vacancy may close early if a high volume of applications are received.

Probation Period: This post is subject to a 6 month probationary period. If you currently hold a contract of employment with the Oxford University Hospitals, this will not apply. This statement does not apply to Medical staff or Executive Appointments.

Referencing: When providing employment reference details please provide correct work related email addresses so references can be sought promptly when we are looking to progress your application. Your first referee will need to be your line manager, supervisor or clinical lead from your current or most recent post or place of study. Please note that if you have previously worked for the Trust we will require a reference from your last Manager, this information is essential if your offer of employment is to be confirmed.

Next Steps: Please make sure that you read the job description and person specification, and that your supporting statement reflects this as your application will be judged against these criteria. Candidates selected for interview will be contacted after the short-listing process, usually within 2 weeks. (Please note that shortlisting times vary when applying for a Medical position within the Trust). The majority of correspondence will be via the e-recruitment system; therefore you should check your emails regularly including junk mail folders in web-based email products.

No unsolicited recruitment agency telephone calls or emails.

Employer certification / accreditation badges

Application numbers

Please note that this job advertisement will close automatically once the application limit is reached, regardless of whether this occurs before the advertised closing date.

Name Kate Gale Job title Head of Finance – Contracts, Costing & Income Email address Kate.Gale@ouh.nhs.uk Additional information

Neil Galbraith

Head of Costing

neil.galbraith@ouh.nhs.uk

Domestic / catering / porteringservices at theJohn Radcliffe Hospitalare provided byMitie.

Domestic / catering / portering / maintenance engineerservices at theChurchill HospitalandNuffield Orthopaedic Centreare provided byG4S.

Maintenance engineer services at the John Radcliffe Hospital are provided by Equans.

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Departments and services

You can view our departments and services alphabetically. Some areas also have dedicated microsites, which are featured in the linked images below.

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Finance Manager - Costing employer: Oxford University Hospitals NHS Foundation Trust

Oxford University Hospitals NHS Foundation Trust is an exceptional employer, offering a supportive work culture that prioritises compassion, respect, and professional development. As one of the largest NHS teaching trusts in the country, employees benefit from extensive training opportunities, a commitment to delivering compassionate excellence, and the chance to make a meaningful impact in healthcare. Located in Oxford, a vibrant city known for its rich history and academic environment, this role as Finance Manager - Costing provides a unique opportunity to contribute to innovative financial practices within a leading healthcare institution.
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Contact Detail:

Oxford University Hospitals NHS Foundation Trust Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Manager - Costing

✨Tip Number 1

Familiarise yourself with the NHS costing framework and the 'Future of Costing' programme. Understanding these concepts will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with current or former employees of Oxford University Hospitals NHS Foundation Trust. They can provide valuable insights into the organisational culture and expectations, which can be beneficial during your interview.

✨Tip Number 3

Prepare to discuss your experience with financial reporting and data analysis, particularly in a healthcare setting. Be ready to share specific examples that highlight your skills and how they align with the job requirements.

✨Tip Number 4

Showcase your ability to work collaboratively by preparing examples of how you've successfully led projects or worked within teams. This aligns with the Trust's values of compassion and teamwork, which are crucial for this role.

We think you need these skills to ace Finance Manager - Costing

Financial Analysis
Costing Methodologies
Statutory Reporting
Data Management
SQL Script Writing
Oracle Financials
Service Line Reporting (SLR)
Patient Level Costing (PLICS)
Power BI Reporting
Analytical Skills
Attention to Detail
Communication Skills
Training and Development
Problem-Solving Skills
Knowledge of NHS Costing Guidance

Some tips for your application 🫡

Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Finance Manager - Costing position. Tailor your application to highlight relevant experience and skills that align with the job description.

Craft a Strong Supporting Statement: Your supporting statement should clearly demonstrate how your qualifications and experiences meet the criteria outlined in the person specification. Use specific examples from your past roles to illustrate your expertise in costing and financial management.

Highlight Relevant Experience: Emphasise your experience working in finance within large organisations, particularly in the NHS if applicable. Mention any specific projects or achievements related to costing, reporting, or financial analysis that showcase your capabilities.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A well-presented application reflects your attention to detail and professionalism, which are crucial for a finance role.

How to prepare for a job interview at Oxford University Hospitals NHS Foundation Trust

✨Understand the Values

Familiarise yourself with the Trust's values of compassion, respect, learning, delivery, improvement, and excellence. Be prepared to discuss how your experiences align with these values during the interview.

✨Prepare for Value Based Interviewing

Since the Trust uses Value Based Interviewing, think of specific examples from your past work that demonstrate your skills and how you embody their values. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

✨Showcase Your Financial Expertise

Be ready to discuss your experience with costing models, National Cost Collections, and any relevant financial software like SQL or Oracle. Highlight your analytical skills and how you've handled complex data sets in previous roles.

✨Ask Insightful Questions

Prepare thoughtful questions about the role and the finance team’s objectives. This shows your genuine interest in the position and helps you assess if the Trust is the right fit for you.

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