At a Glance
- Tasks: Support NHS trusts in tackling financial challenges and improving sustainability.
- Company: Join a leading consultancy focused on NHS financial recovery and improvement.
- Benefits: Enjoy 25 days annual leave, private healthcare, 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 37338 - 44962 £ per year.
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. Our 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: We are particularly interested in individuals with experience of:
- 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
- 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.
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 and Inclusion: 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 under-represented groups. Adjustments or accommodations - if you need any adjustments or accommodations to the recruitment process, at either application or interview, please contact us.
NHS Finance Specialist employer: PA Consulting
Contact Detail:
PA Consulting Recruiting 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 your connections in the NHS finance sector and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for those interviews! Research the latest trends in NHS financial recovery and be ready to discuss how your skills can help tackle their biggest challenges. Show them you’re not just another candidate, but someone who understands their needs.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got some fantastic roles waiting for talented individuals like you. Plus, it’s the best way to ensure your application gets the attention it deserves. Let’s get you that NHS Finance Specialist position!
We think you need these skills to ace NHS Finance Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the NHS finance role. Highlight your experience with financial recovery and cost improvement programmes, as these are key for us. Use specific examples that showcase your analytical skills and real-world delivery experience.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Tell us why you're passionate about NHS finance and how your background aligns with our team's goals. Be sure to mention any relevant projects or achievements that demonstrate your capability in tackling financial challenges.
Showcase Your Analytical Skills: We love numbers, so don’t shy away from showcasing your analytical prowess! Include details about financial models you've built or strategies you've implemented that led to significant improvements. This will help us see your potential impact on our clients.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at PA Consulting
✨Know Your NHS Finance Inside Out
Make sure you brush up on your knowledge of NHS finance frameworks, ledgers, and management accounts. Being able to discuss specific financial recovery strategies and cost improvement programmes will show that you’re not just familiar with the theory but can apply it in real-world scenarios.
✨Prepare Real-World Examples
Think of concrete examples from your past experience where you've successfully identified excess costs or designed financial recovery plans. Be ready to explain your thought process and the impact of your actions, as this will demonstrate your analytical capability and delivery experience.
✨Showcase Your Strategic Thinking
During the interview, highlight your ability to translate complex financial analysis into practical actions. Discuss how you've supported CFOs and executive teams in making tough decisions, as this will illustrate your strategic mindset and leadership skills.
✨Engage with the Interviewers
Don’t forget that interviews are a two-way street! Prepare thoughtful questions about the team’s current challenges and how they measure success. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.