At a Glance
- Tasks: Manage financial support for the Surgery & Cancer Board, ensuring accurate reporting and budget management.
- Company: Join UCLH, a top NHS trust known for excellent patient care and innovative research.
- Benefits: Enjoy flexible working, discounts, and a supportive culture with arts engagement opportunities.
- Why this job: Be part of a team recognized as the best NHS trust to work for in England!
- Qualifications: CCAB qualified with advanced IT skills; experience in finance and health sector preferred.
- Other info: Diversity and inclusion are core values; applications from all backgrounds are encouraged.
The predicted salary is between 43200 - 72000 £ per year.
This job is brought to you by Jobs/Redefined, the UK’s leading over-50s age inclusive jobs board.
The use of AI is monitored and if applicants have used it, then they are required to declare this in their supporting statement.
Job overview
University College London Hospitals NHS Foundation Trust (UCLH), situated in the West End of London, is one of the largest NHS trusts in the United Kingdom and provides first class acute and specialist services both locally and to patients from throughout the UK and abroad.
We are looking for a Finance Manager to work within the Surgery & Cancer Board.
The post holder will provide financial management support to the Theatres & Anaesthesia Division which comprises of anaesthesia, medical physics and sterile services and has a combined direct expenditure budget of c£76m and 760 WTE. The postholder will also be responsible for the Surgery & Cancer Board Divisional Management.
The post holder will provide financial support and advice to the division meeting both service operational needs and corporate deadlines. This will involve managing day to day financial support to the division and the full monthly financial reporting process. The post holder is expected to work within tight deadlines in a fast paced environment meeting both divisional and corporate requirements.
You will have excellent attention to detail and excellent communication skills (written and verbal) building rapport with various managers and clinicians to support engagement and understanding of the financial position.
The post-holder will have line management responsibility of an Assistant Management Accountant and will report to the Senior Finance Manager.
Main duties of the job
Main Duties:
- Provide full financial management support to the division
- Ensure accurate and timely reporting of the financial position
- Conduct detailed variance analysis including underlying analysis
- Lead on budget holder meetings to ensure engagement and understanding from budget holders, with the ability to interpret and explain complex financial information (verbally and written) to non-finance staff
- Respond to budget holder queries in an accurate and timely manner
- Maintain budgeted and actual establishments
- Ensure accurate and timely recovery of income
- Line management responsibility of Assistant Management Accountant
- Any other ad-hoc duties under the guidance of the Senior Finance Manager, which may include Surgery & Cancer Board wide tasks
Working for our organisation
University College London Hospitals NHS Foundation Trust (UCLH) is one of the most complex NHS trusts in the UK, serving a large and diverse population. We provide academically led acute and specialist services, to people from the local area, from throughout the United Kingdom and overseas. Our vision is to deliver top-quality patient care, excellent education, and world-class research.
We provide first-class acute and specialist services across eight sites:
- University College Hospital (incorporating the Elizabeth Garrett Anderson Wing)
- National Hospital for Neurology and Neurosurgery
- Royal National ENT and Eastman Dental Hospitals
- University College Hospital Grafton Way Building
- Royal London Hospital for Integrated Medicine
- University College Hospital Macmillan Cancer Centre
- The Hospital for Tropical Diseases
- University College Hospital at Westmoreland Street
We are dedicated to the diagnosis and treatment of many complex illnesses. UCLH specialises in women’s health and the treatment of cancer, infection, neurological, gastrointestinal and oral disease. It has world class support services including critical care, imaging, nuclear medicine and pathology.
We are committed to sustainability and have pledged to become a carbon net zero health service, embedding sustainable practice throughout UCLH. We have set an ambitious target of net zero for our direct emissions by 2031 and indirect emissions by 2040.
Detailed job description and main responsibilities
For the full Person Specification and more information regarding the main responsibilities of this role, please refer to the attached Job Description.
Come and be a part of the best NHS trust in England to work for, according to our staff.
UCLH top trust to work at in England – for the second year running! : University College London Hospitals NHS Foundation Trust.
*In the most recent NHS staff survey UCLH had the highest percentage of staff who said they would recommend us as a place to work, out of all general acute or acute/community NHS trusts in England – for the second year in a row.
To discover more about what makes UCLH a great place to work, visit: Why Choose UCLH?
Person specification
Knowledge and Qualifications
Essential criteria
- CCAB qualified Postgraduate management qualification at masters level or equivalent experience
- Advanced IT skills including Excel and Word. Expected to design and create reports using financial spread sheets and databases and familiar with the use of ledger systems
Experience
Essential criteria
- Substantial experience in reconciliation and balances, financial processes, computer systems and ledgers, complex financial reporting, and financial forecasting through scenario planning
- Experience of working with Finance
- Experience of working in Health Sector
- Have experience of work undertaken unsupervised
Desirable criteria
- Experience of working in acute NHS trust
Skills and Abilities
Essential criteria
- Possess excellent interpersonal skills and communication skills (written and verbal)
- The ability to communicate effectively across staff groups
- Be able to build effective working relationships
- Ability to analyse, investigate and interpret numerical data
- Ability to develop complex, contentious financial data and reports into a format which can be easily understood by all levels and professions within the Trust.
- Interest in and capability with figures and financial calculations, and ability to interpret figures to support proposals and decisions.
- An ability to deputise for the Senior Finance Manager
- Demonstrable experience of people management
Personal qualities
Essential criteria
- The ability to work as part of a team, building relationships and supporting others
- Energy and enthusiasm to ensure that objectives are met.
- Ability to organise personal time and tasks to ensure that deadlines are met.
Other requirements
Essential criteria
- An ability to see the bigger picture, and recognise the impact of decisions on others and the wider community.
- Enthusiasm for the NHS and for public service.
Desirable criteria
- An understanding of the NHS finance regime
At UCLH, we have a real ‘One Team’ ethos, and our values – safety, kindness, teamwork and improving, are central to the way we work. This is supported by our staff, who voted us as the #1 NHS Acute Trust to work for in the whole of England.
At UCLH we take equality of opportunity seriously and are committed to being a diverse and inclusive employer, with a culture that creates a real sense of belonging and trust. It is our fundamental aim, to recruit, retain and promote a diverse mix of people who are representative of our local communities. Applications are encouraged from candidates of all backgrounds, cultures, and perspectives to support our world class research, innovation and creativity.
UCLH recognises the benefits of flexible working for staff and has a dedicated policy which allows staff to apply for flexible working right from the beginning of employment.
We offer our permanent staff an interest free season ticket loan for travel, all our staff have access to free independent and confidential support, large retail discounts, a staff discount platform, cycle to work scheme and on-site accommodation to name a few.
Additionally, UCLH Arts and Heritage’s staff wellbeing programme, Creative Comfort, offers a variety of ways to engage with the arts as a member of UCLH staff. You can try out the weekly choir, weekly art club and join the Culture Club for exclusive access to free and discounted tickets for opera, exhibitions, theatre and more.
We recognise, reward and thank colleagues by nominating them for our annual Celebrating Excellence Awards, which are funded by UCLH Charity.
This vacancy may close before the current listed closing date. You are advised not to delay submitting your completed application.
Please note that all correspondence regarding your application will be via email. The emails will be sent to you via TRAC.jobs and not via NHS Jobs, we encourage you to check your inbox regularly.
Please note that if you are at present in a training position on the 2016 new junior doctor’s contract and are applying for a Trust doctor role your salary will not be pay protected.
You will be placed on the appropriate point of the Trust Doctor pay scale based on your previous experience.
Please note that if you have not heard from us within 3 weeks of the closing date of the advert to assume that you have not been shortlisted on this occasion.
The Trust uses electronic new starter forms on Trac to collect personal details. Information collected is securely stored and used to set up the employee record on the ESR HR system.
Employer certification / accreditation badges
Documents to download
- Job description (PDF, 453.9KB)
- Functional requirement (PDF, 262.3KB)
- UCLH Values (PDF, 860.9KB)
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Finance Manager employer: University College London Hospital
Contact Detail:
University College London Hospital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Familiarize yourself with the specific financial processes and reporting requirements within the NHS. Understanding the unique financial landscape of healthcare will help you demonstrate your expertise during interviews.
✨Tip Number 2
Network with current or former employees of UCLH to gain insights into their culture and expectations. This can provide you with valuable information that you can use to tailor your approach and show that you're a great fit for their team.
✨Tip Number 3
Prepare to discuss your experience in managing budgets and financial reporting in detail. Be ready to share specific examples of how you've successfully navigated complex financial situations, as this will showcase your problem-solving skills.
✨Tip Number 4
Highlight your interpersonal and communication skills during the interview process. Since the role involves engaging with non-finance staff, demonstrating your ability to explain complex financial concepts in simple terms will set you apart from other candidates.
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Finance Manager position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to reflect the specific qualifications and experiences that match the job requirements. Emphasize your financial management experience, particularly in the health sector, and any relevant qualifications.
Craft a Strong Supporting Statement: In your supporting statement, clearly articulate why you are a great fit for the role. Address the essential criteria listed in the job description and provide examples of your past achievements that demonstrate your skills.
Declare AI Usage: If you have used AI tools in preparing your application, be transparent about it in your supporting statement as required by the employer. This shows integrity and adherence to their guidelines.
How to prepare for a job interview at University College London Hospital
✨Understand the Financial Landscape
Make sure you have a solid grasp of the financial management processes specific to the healthcare sector. Familiarize yourself with NHS finance regimes and be prepared to discuss how your experience aligns with the financial needs of the Surgery & Cancer Board.
✨Communicate Clearly and Effectively
Given the importance of communication in this role, practice explaining complex financial concepts in simple terms. Be ready to demonstrate your ability to build rapport with non-finance staff and how you can support their understanding of financial positions.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with variance analysis and financial forecasting. Bring examples of how you've successfully interpreted numerical data and turned it into actionable insights that benefited your previous teams or organizations.
✨Demonstrate Leadership and Teamwork
As you'll have line management responsibilities, be ready to share your experiences in leading teams and managing people. Highlight your ability to work collaboratively within a team and how you can contribute to UCLH's 'One Team' ethos.