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- Tasks: Manage financial reporting, budgets, and compliance for a major hospital redevelopment project.
- Company: Join the Queen Elizabeth Hospital, a leader in healthcare improvement and community service.
- Benefits: Enjoy a collaborative work environment, opportunities for professional development, and a chance to impact healthcare.
- Why this job: Be part of a groundbreaking project that transforms healthcare for thousands in your community.
- Qualifications: Experience in finance management and knowledge of NHS regulations are essential.
- Other info: Applications from diverse backgrounds are encouraged; join us in building a new state-of-the-art hospital.
The predicted salary is between 43200 - 72000 £ per year.
Job Title: Finance Manager – New QEH
The Finance Manager – New QEH will provide an efficient and proactive financial management service to the New QEH Programme, playing a crucial role in ensuring the financial health and success of the project.
Background
The New Hospital Programme (NHP) is the largest hospital improvement initiative in a generation, at Queen Elizabeth Hospital (QEH). It offers a significant opportunity to rebuild our hospital, with a redevelopment valued at approximately £900m, making it the biggest infrastructure project in Kings Lynn in generations.
Our Organization
We strive to recruit the best people to deliver our services across QEH and promote inclusivity and diversity in our workforce. We encourage applications from all communities, especially from protected groups, including REACH, Disabled, and LGBTQ+ individuals. We are committed to an inclusive, collaborative working environment.
Key Responsibilities
- Financial Reporting & Budget Management
- Prepare and present accurate financial reports in compliance with NHS regulations and aligned with Trust and NHP frameworks.
- Monitor budgets, analyze expenditures, identify variances, and implement corrective actions.
- Develop financial forecasts to support the programme’s long-term goals.
- Capital Budget Management
- Manage enabling funds and oversee expenditures ensuring transparency and compliance.
- Supervise the Main Works Capital Budget, ensuring proper audit trails.
- Identify risks, savings opportunities, and provide financial recommendations.
- Staff Budget Management
- Handle staff budgets confidentially, aligned with salary bands.
- Coordinate payroll processing to ensure accuracy and compliance.
- Collaboration & Support
- Support the Head of PMO with financial guidance.
- Coordinate with Trust Finance to ensure governance compliance.
- Oversee procurement budgets and controls.
- Compliance & Risk Management
- Ensure adherence to NHS financial policies and regulations.
- Identify and mitigate financial risks proactively.
- Continuous Improvement & Development
- Optimize financial processes for efficiency and accuracy.
- Embed modern financial practices and stay updated through ongoing training.
Additional Information
This is an exciting time to join TeamQEH, with opportunities to be part of building a new state-of-the-art hospital and undertaking significant digital transformation, including implementing a new electronic patient record (EPR) system from 2026.
QEH provides a wide range of specialist, acute, obstetric, and community services to approximately 331,000 people across Norfolk, Cambridgeshire, and Lincolnshire. We are committed to our values of kindness, wellness, and fairness, and pride ourselves on continuous quality improvement, staff development, and a supportive community environment.
Please refer to the attached Job Description and Person Specification for more details. The closing date for applications is Thursday, 29 May 2025.
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Finance Manager - New QEH The Queen Elizabeth Hospital King\'s Lynn NHS Foundation Trust employer: The Queen Elizabeth Hospital King's Lynn NHS Foundation Trust
Contact Detail:
The Queen Elizabeth Hospital King's Lynn NHS Foundation Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager - New QEH The Queen Elizabeth Hospital King\'s Lynn NHS Foundation Trust
✨Tip Number 1
Familiarise yourself with NHS financial regulations and frameworks. Understanding these guidelines will not only help you in the interview but also demonstrate your commitment to compliance and governance, which is crucial for the Finance Manager role.
✨Tip Number 2
Network with professionals in the healthcare finance sector. Attend relevant events or join online forums where you can connect with current employees at QEH or similar organisations. This can provide you with insider knowledge and potentially a referral.
✨Tip Number 3
Prepare to discuss your experience with budget management and financial reporting in detail. Be ready to share specific examples of how you've successfully managed budgets and implemented corrective actions in previous roles, as this will be key in showcasing your suitability for the position.
✨Tip Number 4
Stay updated on the latest trends in financial management within the healthcare sector. Being knowledgeable about current challenges and innovations can set you apart during discussions and show your proactive approach to continuous improvement.
We think you need these skills to ace Finance Manager - New QEH The Queen Elizabeth Hospital King\'s Lynn NHS Foundation Trust
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the key responsibilities and requirements for the Finance Manager position. Tailor your application to highlight how your skills and experiences align with these specific needs.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in financial reporting, budget management, and compliance with NHS regulations. Use specific examples that demonstrate your ability to manage budgets and provide financial guidance effectively.
Showcase Your Skills: Make sure to showcase skills that are particularly relevant to this role, such as analytical skills, attention to detail, and the ability to identify financial risks. Mention any experience with capital budget management or collaboration with finance teams.
Craft a Strong Cover Letter: Write a compelling cover letter that not only summarises your qualifications but also expresses your enthusiasm for the role and the opportunity to contribute to the New QEH Programme. Make it personal and reflect your understanding of the organisation's values.
How to prepare for a job interview at The Queen Elizabeth Hospital King's Lynn NHS Foundation Trust
✨Understand the Financial Landscape
Familiarise yourself with NHS financial regulations and the specific frameworks of the New QEH Programme. Being able to discuss how these regulations impact financial reporting and budget management will show your preparedness for the role.
✨Showcase Your Analytical Skills
Prepare examples of how you've monitored budgets, analysed expenditures, and implemented corrective actions in previous roles. Highlighting your ability to identify variances and develop financial forecasts will demonstrate your analytical prowess.
✨Emphasise Collaboration
The role requires working closely with various teams, so be ready to discuss your experience in collaborative environments. Share instances where you supported colleagues or coordinated with finance teams to ensure compliance and governance.
✨Commitment to Continuous Improvement
Express your enthusiasm for optimising financial processes and staying updated with modern practices. Discuss any ongoing training or professional development you've pursued, as this aligns with the organisation's values of continuous quality improvement.
