# Costing, Currency and Financial Transformation Lead > NHS job listing from Job Clerk for Royal Surrey NHS Foundation Trust. ## Canonical URLs - **HTML:** https://www.jobclerk.com/job/costing-currency-and-financial-transformation-lead/878f444a-3a4c-486a-ad39-1ffbe959a3e7 - **Markdown:** https://www.jobclerk.com/job/costing-currency-and-financial-transformation-lead/878f444a-3a4c-486a-ad39-1ffbe959a3e7.md ## Summary - **Status:** Live - **Employer:** Royal Surrey NHS Foundation Trust - **Location:** Royal Surrey County Hospital - **Workplace type:** onsite - **Profession:** Transformation manager - **Grade:** Band 8 - **Salary:** £41.54 Per hour - **Contract type:** Bank: 12 months - **Employment type:** Flexible working - 37.5 hours per week (Weekdays 9:00 AM to 17:00 PM) - **Closing date:** 2026-09-15T22:59:00.000Z - **Posted:** 2026-09-01T12:23:55.690Z - **Source information URL:** https://www.healthjobsuk.com/job/UK/Surrey/Leatherhead/Royal_Surrey_NHS_Foundation_Trust/Costing_Currency_Financial_Transformation_Lead/Costing_Currency_Financial_Transformation_Lead-v8265389 - **Application URL:** https://apps.trac.jobs/job-advert/8265389?ShowJobAdvert=&feedid=9002 - **Employer website:** https://www.royalsurrey.nhs.uk ## Job Content ### Job overview Important Information for Applicants: This vacancy is for Surrey and Borders Partnership NHS Foundation Trust (SaBP). This role is offered through Flexi-Bank, a collaborative temporary staffing service delivered in partnership between Surrey and Borders Partnership NHS Foundation Trust and Royal Surrey NHS Foundation Trust. Royal Surrey NHS Foundation Trust acts as the host provider and manages the recruitment, onboarding and administrative processes on behalf of Surrey and Borders. Please note that although Royal Surrey NHS Foundation Trust branding may appear on this advert and within the recruitment system, successful applicants for this vacancy will undertake bank shifts for Surrey and Borders Partnership NHS Foundation Trust. Location: 18 Mole Business Park, Randalls Road, Leatherhead, Surrey, KT22 7AD Why join Flexi‑Bank? Work flexibly – choose shifts that suit your lifestyle and availability Access more opportunities – pick up shifts across mental health and community Get paid fairly and on time – competitive rates and fast access to earnings through Stream Stay supported – benefit from training, development and guidance from our dedicated Temporary Staffing Team ### Main duties of the job Surrey and Borders is looking for someone who provides strategic support for the Trust's costing, currency and service line reporting agenda, ensuring the Trust is prepared for emerging NHS payment models while supporting delivery of the Trust's transformation work. The postholder will work with the current team to develop and maintain the programme’s unit-cost library, produce activity and currency-based costing models, financially evaluate productivity opportunities and establish a robust benefits realisation methodology. They will ensure that all financial opportunities are supported by transparent assumptions, reconciled data and appropriate Finance assurance. Working across t Finance, BI, SITI and clinical divisions, the post holder will ensure that all financial opportunities are evidence-based, appropriately classified and capable of being reconciled to the Trust’s ledger, PLICS and National Cost Collection information. The role supplements rather than replaces existing statutory costing, financial reporting and Finance Transformation responsibilities. Working Pattern: Weekdays from 9:00AM to 17:00 PM Duration: 12 months fixed ### Detailed job description and main responsibilities Key Responsibilities Costing, Value and Service Line Reporting (SLR) - Lead the development and maintenance of the programme’s unit-cost library and currency-costing models, drawing on PLICS, the National Cost Collection and existing Finance processes. - Lead the management and development of local pricing strategies that support the clinical and financial sustainability of services. - Develop a routine approach to benchmarking the Trust's service costs and productivity data to identify and drive internal value opportunities. - Use costing information to support long-term financial sustainability across all services and contracts. - Oversee the continuous development of costing information to support PLICS implementation and the link to the national costing and payment system, linking into relevant regional and national networks. - Enhance the dissemination and understanding of key productivity and costing information and support the requirement to embed this within existing financial reporting. - Advise the Board and its sub-committees on known or proposed changes to NHS national costing guidance, highlighting risks and recommending mitigating action as appropriate. Currency Development and Readiness - Lead the Trust's preparation for emerging NHS currency and payment models, ensuring organisational readiness for future national policy changes. - Develop robust activity and costing information to support the design, testing and implementation of new currencies. - Work with commissioners, ICS partners and regional networks to interpret and respond to developments in mental health currencies and payment approaches. - Ensure the Trust understands the financial implications, risks and opportunities associated with changes to national payment mechanisms. - Advise executive leaders on the strategic impact of changes to currency design and reimbursement models. Finance Systems - Work with the Finance Team and Digital Team to maximise the Trust's use of core systems (e.g. clinical activity, outsourced data, finance and HR systems) in support of costing. - Work with Business Intelligence (BI) to develop dashboards illustrating the relationship between activity, cost, income, service contribution, and net operating position. Service Development - Support the Trust's Strategy by contributing to initiatives that build financial awareness, costing knowledge, and SLR capability. - Support the Trust's contribution to national costing methodology and services by engaging with external groups and contributing to policy development. - Support the ongoing training and development of the Finance and SITI teams, ensuring staff maintain the skills and continuing professional development needed to deliver a high-quality service. Benefits Realisation - Support the Trust PMO and SITI Team in developing a financially informed benefits realisation methodology. - Ensure that benefits are clearly classified as cash-releasing, cost avoidance, capacity-releasing, income protection or quality improvement, with agreed baselines, assumptions and named operational owners. - Undertake complex financial analysis of services and business cases, making recommendations on managing financial risk, achieving best value, and redesigning services where appropriate. - Ensure transformation projects are tracked and updated within the Financial Model. - Deliver and analyse financial monitoring across the Transformation Programme, providing financial reports and forecasts on programme performance and progress, and highlighting remedial action where required. SITI Liaison and Continuous Improvement - Actively promote a culture of continuous improvement at all levels, in line with the Trust's values and objectives, leading by example and supporting staff through education, coaching, mentoring, and training. - Provide a comprehensive financial advisory and planning service to the SITI team, supporting their role in driving quality and efficiency improvements across the Trust. - Ensure appropriate financial assurance is applied to opportunities and benefits arising from the Integrated Productivity and Currency Readiness Programme. ## Person Specification ### Knowledge **Essential** - Experience of developing or leading on the development of benchmarking and productivity dashboards - Understanding of NHS finance regime with an expert knowledge of financial and accounting procedures. - Significant experience of NHS costing, financial modelling, benefits evaluation or service-line reporting **Desirable** - Knowledge of NHS financial policy - NHS Payments mechanism - Financial modelling techniques - Power BI and SQL - Understanding of Mental health currencies. ### Experience **Essential** - Significant demonstrable experience of financial management, including knowledge of key accounting practice, principles and standards - Significant experience of developing, applying and utilising costing practice and methodologies to develop data to drive organisational change. - Experience of successfully working with and engaging with senior clinicians, operational managers and other stakeholders to understand data and develop action plans. - Experience of benchmarking, analysing results, data visualisation and presenting opportunities, using a range of complex data sources. **Desirable** - Experience of developing or leading on the development of benchmarking and productivity dashboards. ### Qualifications **Essential** - Educated to Masters in a relevant area or equivalent experience - CCAB Accountancy Qualification - Evidence of maintaining and developing technical accounting expertise - Evidence of continuing professional development **Desirable** - Higher level degree or post graduate level management qualification ### Change Management & Quality improvement **Essential** - Quality improvement certificate or willingness to develop **Desirable** - Experience working with or into a Transformation Function ## Documents - [jd - costing, currency and financial transformation lead (pdf, 568.5kb)](https://www.healthjobsuk.com/documents?vdoc=10579712) ## Agent Notes - This Markdown page is generated from the same Job Clerk job record as the HTML job detail page. - Use the canonical HTML URL for user-facing references. - Use the application URL when the user wants to apply on the source NHS site.