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Finance Manager

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University College London Hospitals NHS Foundation Trust

1mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Banking & Finance
  • London

AI generated summary

  • You must have strong attention to detail, excellent written and verbal communication skills, and experience in line management, supporting engagement in financial matters. Hybrid working is required.
  • You will manage financial reporting, conduct variance analysis, lead budget meetings, handle queries, oversee income recovery, and supervise an Assistant Management Accountant.

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.
  • Please note this role involves hybrid working arrangements and includes a 2 day requirement in the office.

Responsibilities

  • 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

FAQs

What is the role of the Finance Manager within the Surgery & Cancer Board?

The Finance Manager provides financial management support to the Theatres & Anaesthesia Division, which includes theatres & anaesthesia, medical physics, and sterile services, managing a combined direct expenditure budget of approximately £76 million.

What qualifications or experience are required for the Finance Manager position?

While specific qualifications are not detailed in the job description, candidates typically should have a background in finance and experience in financial management within a healthcare setting.

What are the main duties of the Finance Manager?

The main duties include providing full financial management support, ensuring accurate and timely financial reporting, conducting variance analysis, leading budget holder meetings, maintaining budgeted and actual establishments, and managing an Assistant Management Accountant.

Is there a requirement for in-office work?

Yes, the role has hybrid working arrangements, which include a requirement to work in the office for two days a week.

What type of environment will the Finance Manager be working in?

The Finance Manager will work in a fast-paced environment with tight deadlines while supporting various managers and clinicians within the organization.

Who will the Finance Manager report to?

The Finance Manager will report to the Senior Finance Manager.

Is line management responsibility a part of this role?

Yes, the Finance Manager will have line management responsibility for an Assistant Management Accountant.

What support will the Finance Manager provide to budget holders?

The Finance Manager will provide financial support and advice, engage with budget holders, interpret and explain complex financial information, and respond to budget holder queries in an accurate and timely manner.

Who can I contact for more information about the position?

For further details or informal visits, you can contact Pui Kwok, the Senior Finance Manager, at pui.kwok@nhs.net.

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University College London Hospitals NHS Foundation Trust

UCLH provides first-class acute and specialist services in six hospitals in central London.

Science & Healthcare
Industry
10,001+
Employees

Mission & Purpose

University College London Hospitals (UCLH) NHS Foundation Trust is one of the UK's largest and most renowned healthcare providers. The Trust delivers high-quality patient care across a range of specialties, including cancer, neurology, women’s health, and emergency services. UCLH is committed to clinical excellence, research, and education, aiming to improve health outcomes through innovative treatments and world-class facilities. Their mission is to provide exceptional care and to advance medical knowledge for the benefit of patients and the wider community.

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