Head of Financial Transformation Apply now

Head of Financial Transformation

Newcastle upon Tyne Full-Time 54000 - 84000 £ / year (est.)
Apply now
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At a Glance

  • Tasks: Lead financial transformation projects and collaborate with senior stakeholders to drive excellence.
  • Company: Join NHSBSA, a vital organization managing NHS services that impact millions of lives.
  • Benefits: Enjoy 27 days leave, flexible and hybrid working options, career development, and great discounts.
  • Why this job: Be part of a team dedicated to meaningful work, innovation, and making a real difference.
  • Qualifications: Experience in managing multiple programs, strong collaboration skills, and expertise in finance required.
  • Other info: We value diversity and inclusion, offering flexible working patterns to suit your needs.

The predicted salary is between 54000 - 84000 £ per year.

We’re looking for a talented finance professional to lead our Financial Transformation Team, leading and supporting cross-cutting financial transformation projects and programmes to ensure the NHSBSA can demonstrate value to taxpayers, sponsors and commissioners. This is a unique opportunity for a financial professional with drive, vision and a passion for excellence. You will be involved in strategic and spending reviews, taxpayer value programmes, financial benchmarking, service/unit costing, multi-year planning, and developing workforce and financial strategies that take into account emerging trends, innovations and technologies across the finance sector. We’re looking for someone with: Experience of mobilising/running multiple programmes Strong collaboration skills with senior stakeholders An engaging leadership style Strong data assimilation and analysis skills Expertise in innovation, agility and efficiency You’ll be a vital member of a wider finance team dedicated to delivering financial excellence. What do we offer: 27 days leave (increasing with length of service) plus bank holidays Flexible working (we are happy to discuss options such as compressed hours) Hybrid working model (we are currently working largely remotely) Career development Active wellbeing and inclusion networks Excellent pension NHS Car lease scheme Access to a wide range of benefits and high street discounts As the Head of Financial Transformation, you will have overall responsibility for the successful delivery of all financial transformation projects and programmes in the NHSBSA as set out in the job description. You will develop close partnerships with Directors, Heads of Service and their teams from across NHSBSA, key teams within Finance and Commercial Services, as well as key customers, suppliers and peers across the Health and Care family including Government and NHS organisations. You will be responsible for leading a team to ensure long term implementation of each scheme of work and ensuring this is appropriately resourced and works collaboratively with all directorates at the NHSBSA and does not destabilise any business-as-usual activities. You will be accountable to the Head of Financial Management, Reporting and Control and as such the NHSBSA Leadership Team, NHSBSA Board and external stakeholders. Here at the NHS Business Services Authority (NHSBSA), what we do matters. We manage the NHS Pension scheme, process prescription payments and much more. Our services are used by NHS organisations, contractors and the public: we take pride in being part of something so meaningful, that touches millions of lives. Just as we design our services around the needs of our customers, we place our people at the heart of our organisation. That’s why when you join us, you’ll be empowered and given the right support to help your career grow. As one of the UK’s Best Big Companies to work for, we’re all connected to our values: Collaborative, Adventurous, Reliable and Energetic. We care about our people, our purpose, and your progress. We strive to offer a fantastic colleague experience, where every voice is heard, and every colleague is supported and respected. Wellbeing, diversity and inclusion is at the centre of this, so when you join us, you can connect with our Lived Experience Networks who help us to bring our authentic selves to work. We welcome applications from people of all backgrounds and circumstances. We are committed and proud to be a flexible employer and will endeavour to offer a working pattern that suits you wherever possible, whether that be hybrid working, flexible hours, job sharing and more. Ready to join us on our journey to be a catalyst for better health? Apply today and see where the NHSBSA can take you. We are people connected to care. In this role, you are accountable for: Supporting Strategic Reviews including Spending Reviews Production of financial advice for the purpose of Spending Reviews and other Government lead reviews enabling the production of coherent, consolidated plans. Professional, accurate and insightful information provided to review team potentially in challenging situations. Liaising with NHSBSA Directors and divisional management teams to understand their strategic aims and operational imperatives, to inform the production of information. Preparation of sensitive, contentious information on all aspects for these Reviews in a clear, understandable, and audience-appropriate manner. This may include presenting to DHSC, HMT, Review Teams, NHSBSA Leadership Team (LT) and Board. Developing and presenting detailed reports summarising status on issues, appraising outcomes, and providing progress reports for senior staff or groups of staff as directed from time to time, tailoring the content to meet the needs of the audience including delivering complex and sensitive messages through written and verbal presentations. Supporting the Taxpayer Value Programme (TVP)/ HMT Public Value Self-Assessment Reporting to the Head of Finance Strategy Management and Reporting and where necessary Executive Director of Finance and Commercial Services on a regular basis on the performance of the financial aspects alongside colleagues in other departments. Leading a team who work closely with the organisation to ensure that this approach to the financial aspects of TVP are adopted widely across the Directorate. Supporting the risk management, and issue resolution processes. Financial Benchmarking Responsible for developing and co-ordinating production of financial benchmarking documentation in line with NHSBSA’s commitments and long-term implementation across the organisation ensuring this is embedded and aligned with the Taxpayer Value Programme. Liaising with NHSBSA Directors, divisional management teams and Finance Strategy and Management team to support the development of an accurate and impactful financial benchmarking solution(s). Lead input of financial benchmarks to the Head of Strategic Commissions and Transformation to enable forming overall Benchmarking. Liaising with third parties, including the Department of Health and Social Care (DHSC) and HMT on financial benchmarking and ensuring that best practise is adopted across the organisation. Lead a team to ensure that this work is continually adopted and improved. Ensuring appropriate governance and training is provided to the organisation to make this a permanent process. Leading presentations to NHSBSA LT, Board and External Stakeholders to support the Head of Financial Management, Reporting and Control and EDoF. Drawing from awareness of other academic fields and industries, ensuring the organisation benefits from relevant initiatives. Service and Unit Costing Responsible for developing and co-ordinating the production and long-term implementation of unit and service costing across the organisation ensuring this is embedded and aligned with the Taxpayer Value Programme. Liaising with NHSBSA Directors and divisional management teams to support the development and maintenance of an accurate and impactful solution. Liaising with third parties, including the Department of Health and Social Care (DHSC) and HMT on unit costing and ensuring that best practise is adopted across the organisation. Ensure adoption as part of the organisation’s ongoing monthly processes to drive change. Postholder will lead a team to ensure that this work is continually adopted and improved. Ensuring appropriate governance and training is provided to the organisation to make this a permanent process. Lead presentations to NHSBSA LT and Board and External Stakeholders to support the Head of Financial Management, Reporting and Control and Executive Director of Finance and Commercial Services. Multi-year Planning/Forecasting Support the Finance Strategy and Management team to develop and implement financial planning and forecasting over multiple years including through: drawing from the recommendations and actions from Taxpayer Value Programme assessments use of service and unit costing application of new forecasting and planning tools providing other input as required reflecting the outputs and experience of the Financial Transformation team Horizon Scanning of Future Finance Strategies Responsible for establishing a full awareness of emerging trends, innovations, and challenges in the future of finance within the public sector and beyond. Proactively exploring new financial strategies, technologies, and policies to provide insights and recommendations that support the directorate and organisations. The role requires the following skills and abilities: Previous experience of mobilising and running multiple programmes simultaneously, blending the problem-solving skills necessary in the early phases with the implementation skills needed to move from design to delivery. Previous experience managing large and matrix style teams with a key focus on enabling collaboration, drawn from different government departments/national bodies. Ability to plan out, draft and edit strategic documents intended for a broad audience. Excellent influencing and stakeholder skills and the ability to operate autonomously at senior levels, i.e., CEOs, board. Excellent analytical skills, qualitative and quantitative skills. The ability to manage conflict and negotiate difficult relationships, always treating others with respect but equally ensuring that projects are kept on track. Have experience of health and care sector and its strategy. Be resilient and approach work with a ‘can-do’ attitude. Be receptive to other perspectives and to well-founded arguments, no matter who voices them. A positive and optimistic attitude, commitment to the values of the NHS as well as of equality and diversity. Proactively manage the key risks and issues that arise within projects and the wider team; ensuring appropriate mitigating actions are taken in response. Establish the right governance for projects and programmes. Avoid the destabilisation of business as usual across Strategic Finance and ensure business continuity plans are in plan within the team. #J-18808-Ljbffr

Head of Financial Transformation employer: This is an IT support group

At NHS Business Services Authority (NHSBSA), we pride ourselves on being an exceptional employer, offering a supportive and inclusive work culture that values collaboration and innovation. As the Head of Financial Transformation, you will benefit from flexible working arrangements, extensive career development opportunities, and access to a comprehensive range of employee benefits, including a generous pension scheme and wellbeing networks. Join us in making a meaningful impact on healthcare while enjoying a fulfilling career in a dynamic environment that prioritizes your growth and wellbeing.
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Contact Detail:

This is an IT support group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Financial Transformation

✨Tip Number 1

Familiarize yourself with the latest trends and innovations in financial transformation, especially within the public sector. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.

✨Tip Number 2

Network with professionals in the finance sector, particularly those who have experience in NHS or public sector finance. Attend relevant conferences or webinars to build connections and gain insights that could be beneficial for your application.

✨Tip Number 3

Prepare to discuss your experience in leading multiple programs and collaborating with senior stakeholders. Think of specific examples where you've successfully navigated complex projects and how you can apply those skills to the NHSBSA.

✨Tip Number 4

Showcase your leadership style by reflecting on how you engage and motivate teams. Be ready to share strategies you've used to foster collaboration and drive results, as this is crucial for the Head of Financial Transformation role.

We think you need these skills to ace Head of Financial Transformation

Financial Transformation Expertise
Programme Management
Stakeholder Engagement
Leadership Skills
Data Analysis and Assimilation
Innovation and Agility
Strategic Planning
Financial Benchmarking
Service and Unit Costing
Multi-Year Financial Forecasting
Conflict Management
Negotiation Skills
Analytical Skills (Qualitative and Quantitative)
Risk Management
Governance Establishment
Collaboration Across Departments

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial transformation, strategic reviews, and stakeholder collaboration. Use specific examples that demonstrate your leadership style and data analysis skills.

Craft a Compelling Cover Letter: In your cover letter, express your passion for excellence in finance and how your vision aligns with the NHSBSA's mission. Mention your experience in mobilizing multiple programs and your ability to work collaboratively with senior stakeholders.

Showcase Relevant Skills: Emphasize your expertise in innovation, agility, and efficiency within the finance sector. Provide concrete examples of how you've successfully led teams and projects in previous roles.

Prepare for Potential Questions: Anticipate questions related to your experience with financial benchmarking, service costing, and multi-year planning. Be ready to discuss how you would approach these areas in the context of the NHSBSA.

How to prepare for a job interview at This is an IT support group

✨Showcase Your Leadership Style

As a candidate for the Head of Financial Transformation, it's crucial to demonstrate your engaging leadership style. Prepare examples of how you've successfully led teams in previous roles, particularly in mobilizing and running multiple programs. Highlight your ability to foster collaboration among diverse stakeholders.

✨Prepare for Strategic Discussions

Given the role's focus on strategic reviews and financial advice, be ready to discuss your experience with strategic planning and spending reviews. Bring insights into how you have contributed to similar projects in the past, and be prepared to articulate your approach to aligning financial strategies with organizational goals.

✨Demonstrate Data Analysis Skills

Strong data assimilation and analysis skills are essential for this position. Be prepared to discuss specific tools or methodologies you have used to analyze financial data. Consider bringing a case study or example that illustrates your analytical capabilities and how they have driven decision-making in your previous roles.

✨Emphasize Innovation and Agility

The NHSBSA values innovation and agility in financial practices. Share examples of how you've implemented innovative solutions or adapted to changes in the finance sector. Discuss any emerging trends or technologies you believe could impact the NHSBSA and how you would leverage them in your role.

Head of Financial Transformation
This is an IT support group Apply now
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  • Head of Financial Transformation

    Newcastle upon Tyne
    Full-Time
    54000 - 84000 £ / year (est.)
    Apply now

    Application deadline: 2027-01-12

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