# Head of Financial Management

> NHS job listing from Job Clerk for University Hospitals of North Midlands NHS Trust.

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- **HTML:** https://www.jobclerk.com/job/head-of-financial-management/1cfab6a9-83c2-42bf-8de2-7c5d85a5c8fd
- **Markdown:** https://www.jobclerk.com/job/head-of-financial-management/1cfab6a9-83c2-42bf-8de2-7c5d85a5c8fd.md

## Summary

- **Status:** Live
- **Employer:** University Hospitals of North Midlands NHS Trust
- **Location:** Royal Stoke Hospital
- **Workplace type:** onsite
- **Profession:** Manager and corporate
- **Grade:** Band 8
- **Salary:** £79,504 - £91,609 per annum
- **Contract type:** 12 months (Fixed term end date September 2027)
- **Employment type:** Full time - 37.5 hours per week
- **Closing date:** 2026-08-31T22:59:00.000Z
- **Posted:** 2026-08-13T09:30:57.366Z
- **Source information URL:** https://www.healthjobsuk.com/job/UK/Staffordshire/Stoke_On_Trent/University_Hospitals_North_Midlands_NHS_Trust/Finance/Finance-v8194064
- **Application URL:** https://apps.trac.jobs/job-advert/8194064?ShowJobAdvert=&feedid=9002
- **Employer website:** https://www.uhnm.nhs.uk

## Job Content

### Job overview

This vacancy is only open at this stage to internal employees of the following organisations within the Staffordshire and Stoke-on-Trent Integrated Care System:

- North Staffordshire Combined Healthcare NHS Trust
- Midlands Partnership University NHS Foundation Trust
- University Hospitals of North Midlands NHS Trust, inclusive of Black Country Procurement Group and North Midlands and Cheshire Pathology Service.
- Staffordshire and Stoke-on-Trent Integrated Care Board

The postholder will be responsible for providing the Trust with a professional financial management service ensuring that financial information is produced in accordance with the Trust’s requirements for both planning and performance management purposes. The postholder will be responsible for maintaining an up to date financial plan and ensuring that budgets are set in accordance with the Trust’s requirements.

### Main duties of the job

They will ensure that all decisions on changes to service provision within the Trust are made in the full knowledge of both the long and short term financial consequences.

The postholder will be responsible for the Trust’s Financial Management function. Providing overall professional leadership and management to the Trust’s Divisional Business Advisors and their teams.

The post holder is responsible for the management and co-ordination of financial management department resources to produce accurate, complete and timely periodic internal and external financial reports and monitoring returns. The post holder is responsible for the presentation of this information and the provision of effective and pertinent analysis of the financial reports to support the senior finance team in effectively identifying and managing risk and delivering financial performance objectives.

### Detailed job description and main responsibilities

Key Areas/Tasks Financial Planning Responsible for the production of the annual financial plan for the Trust, ensuring that the organisation meets its statutory obligations in this regard. To be responsible for managing the Trust’s annual budget setting process. This includes:

Developing Trust budget setting and budget maintenance policies and processes Ensuring that budget setting policies are implemented consistently across all divisions To co-ordinate and consolidate information for inclusion in the financial plan relating to Cost Pressures, Business Cases and CIPs

Financial Reporting Develop and produce monthly consolidated finance reports for the Trust Board, Executive Committee and Finance and Efficiency Committee. Co-ordinate and structure divisional submissions which support these reports. Ensure reports produced reflect best practice in financial reporting. The reports should highlight the main financial issues and risks, and links between the financial performance and activity, workforce and other key operational drivers. Plan and manage the monthly reporting process ensuring adherence to deadlines by Financial Management and the wider finance department. Institute any necessary remedial actions in cases of slippage. Manage the budgetary control process by preparing Trust wide budget reconciliations on a monthly basis and maintaining detail for inclusion in the financial plan for the following year(s).

Identify significant variances from plan and ensure these are investigated as required so as to support the means of controlling expenditure. Ensure that detailed financial forecasts and projections are prepared by Financial Management for inclusion in monthly divisional reports and consolidation into an overall Trust forecast. Produce consolidated financial forecasts for the current and following year to ensure that future financial challenges are understood and are communicated within the organisation.

To co-ordinate and lead the process of financial performance management in the divisions and departments of the Trust ensuring the delivery of financial objectives, the effective identification and management of risk and that timely and effective escalation processes are operated as appropriate.

To advise the Deputy Director of Finance on the availability of resources to discharge the Trust’s financial management responsibilities, maintaining reserves and contingencies as required. Ensure arrangements, resources and processes are in place and maintained to deliver a professional modern financial management service to meet user requirements and that all decisions on changes to service provision within the trust are made in full knowledge of both the long and short term financial consequences.

Provide scrutiny and challenge to the divisions on their financial results and forecasts to ensure that they are accurate and are consistent with the Trust’s long term financial strategy. Ensure that significant financial issues in the divisions are fully understood by the corporate finance team and if necessary escalated appropriately via performance reviews or directly to the Board, its members or subcommittees

To ensure the development of financial strategies, financial monitoring and financial risk management associated with education contracts (SIFT, MADEL and Research and Development). To support the development and implementation of Service Line Reporting in the clinical divisions. To support the development and implementation of Cost Improvement Plans within the trust. To be responsible for ensuring that all CIPs are validated and transacted correctly in the financial ledger. To ensure that the Divisional Activity and Income plan and performance is understood within financial management team. Working closely with the contracting and income team to provide clear information for performance reporting. To ensure the information being provided by the Divisional Business Advisors to support Trust Business cases is robust and gives clear information on the financial and activity impact with regard to the Trust Financial Plan. Other Support the production of financial proformas and monitoring reports for the Trust’s regulators to local and national time scales. Respond to ad hoc requests from external organisations (e.g. Department of Health,NHSI/E,ICBs) Ensures effective arrangements are in place for providing financial support and advice on all matters to non-financial staff within the Divisions enabling them to understand, plan, develop and deliver quality healthcare whilst operating within agreed resource allocations and observing SFIs and procedures.

To lead the development and delivery of budget holder and non-financial staff training arrangements, financial skills and capability across the organisation to secure longer term financial sustainability and autonomy across the Trust. To support the development and implementation of financial policies and procedures across the Trust. To provide information to ensure that relevant Freedom of Information (FOI) requests can be responded to accurately and in line with prescribed timescales. To lead on responses and ensure implementation of the financial management departments Internal and External audit recommendations and to relevant Counter-Fraud initiatives. Support the year end accounts process by producing information and analyses for the external auditors and answering their queries To ensure procedure notes are in place and up to date in respect of Financial Management activities. To ensure systems of internal control are in place across the Financial Management department and to undertake regular reviews and implement necessary changes to maintain the integrity of the controls. Ensuring the Finance ledger and reporting systems are reviewed and updated to ensure they are fit for purpose for the provision of Financial Management information. Personal/Professional Development To take every reasonable opportunity to maintain and improve your professional knowledge and competence
- To participate in personal objective setting and review, including the creation of a personal development plan and the Trust’s appraisal process.

### Applicant requirements

You must have appropriate UK professional registration.

The postholder will have access to vulnerable people in the course of their normal duties and as such this post is subject to the Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975 (Amendment) (England and Wales) Order 2020 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service to check for any previous criminal convictions.

## Person Specification

### Experience

**Essential**

- 5 years post qual

### Leadership

**Essential**

- Exp

### Qualifications

**Essential**

- Qualified

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