Head of Financial Business Services
Posted 4 hours 6 minutes ago by NHS
£60,000 - £80,000 Annual
Permanent
Full Time
Other
Tyne And Wear, South Shields, United Kingdom, NE33 1NF
Job Description
We are seeking an experienced and forwardthinkingHead of Financial & Business Services to lead the development anddelivery of our finance function as STHC continues to evolve and grow.
This senior role provides strategicleadership, financial governance, and oversight of all financial operationsacross the organisation. You will ensure accurate and timely financialreporting, effective systems and controls, and robust financial processes thatsupport organisational sustainability and informed decisionmaking.
The postholder will work closely with the CEO,Senior Leadership Team, and Board, and play a central role in shaping thefinancial strategy for the organisation.
Main duties of the job FinancialLeadership & Strategy
Provide expert financial advice to the CEO, Directors, and seniormanagers.
Lead the strategic development of the finance function to supportlongterm organisational aims.
Contribute to business planning and support financial modelling forgrowth and new services.
Prepare annual budgets, forecasts, cashflow projections, statutoryaccounts, and management accounts.
Lead financial governance, ensuring strong systems, procedures, andinternal controls.
Maintain compliance with financial legislation, VAT regulations,and statutory reporting requirements.
Manage external audit preparation and liaison.
OperationalFinance
Oversee all day to day financial operations including ledgers,reconciliations, supplier payments, and income recovery.
Manage payroll processes, including NHS and NEST pensions.
Maintain statutory books, insurance schedules, asset registers, andshareholder records.
BusinessServices & System Engagement
Support tender development with accurate financial modelling andcostings.
Lead financial management for PCNs, including reporting andattendance at PCN meetings.
Represent STHC within systemwide finance discussions andcollaborative initiatives.
TeamLeadership
Lead and develop the Finance Team, encouraging high performance,flexibility, and continuous improvement.
About us South Tyneside Health Collaboration - STHC is the GP Federation for South Tyneside, bringing together local practices to deliver high quality, sustainable primary care services at scale. As a key system partner, we work collaboratively with practices, PCNs, and wider organisations to improve patient outcomes and strengthen general practice across the borough.
What WeOffer
Opportunity to shape the future of primary care in South Tyneside.
Supportive leadership team and collaborative working culture.
A role with significant scope to influence systemwidetransformation.
Generous holiday allowance up to 33days
Birthday off
Flexible and hybrid working subject to business needs
Job responsibilities MAINRESPONSIBILITIES OF HOFBS
1. Managing theFinance Team in the day to day operational activities of the department, encouragingteam development and flexibility to support emerging business needs and thegrowth.
2. Working with theChief Executive, the Senior Leadership Team and other key staff to developstrategic plans for the organisation, consistent with and supportive of thestrategic direction of key partners. Taking a strategic approach todeveloping the Finance function over the longer term.
3. Advising seniorand line managers in the management of complex finance issues; providing budgeting advice and guidanceincluding contract review.
4. Support thepreparation of tenders or other service provision proposals with accurateanticipated costings, providing advice on the financial feasibility ofpotential business opportunities.
5. Developing andmaintaining an appropriate delegatory framework to ensure the organisationcan function effectively and efficiently whilst minimising the risk of fraudor error.
6.Proposing, developingand implementing finance policies and procedures, within own area and beyond,that are compliant with statute and best practice. Implementing system controls to reduce therisk of financial losses.
7. Prepare annualbudgets, and interim forecasts, to facilitate medium and longer termfinancial planning.
8. Prepare regularmanagement accounts that accurately reflect the financial position of thebusiness. Providing sufficient detail to inform decision making for eachincome stream.
9. Prepare cashflowforecasts to assure the organisation will be able to meet its liabilities ina timely fashion and or make use of surplus funds in the most effectivemanner.
10. Prepare theannual statutory accounts and liaise with external accountants and auditorsas required.
11. Prepare and orreview corporation tax returns, ensuring the business discharges anyliability in a timely manner.
12. Understand VATregulations that apply to the provision of healthcare services and to anyother relevant income streams. Ensure the organisation is appropriatelyregistered, and accounts for input and output tax accordingly.
13. Manage theFinance team to post transactions to the financial ledgers ensuring thesystem is always complete, accurate and up to date.
14. Prepare regularreconciliations of major accounts including fixed assets, accruals,prepayments and the bank.
15. Ensure suppliersare paid amounts that are rightly due within the agreed terms, authorisingfinancial transactions as permitted within the delegatory framework.
16. Ensure customersremit all funds due to the organisation promptly.
17. Management ofthe monthly payroll process, including all adjustments for pension, sessionalworker payments, overtime and expense payments.
18. Management ofall NHS and NEST pensions schemes on behalf of the organisation ensuringcompliance with NHS guidance and statutory requirements
19. Provision ofquarterly reports to the Board.
20. Management ofPCN funds ensuring income is complete and liaising with CDs to ensure fundsare accounted for and treated in line with PCN requirements
21. Provision ofaccurate financial statements and updated forecasts for each PCN and quarterly attendance atPCN meetings.
22. Preparation for,attendance and presentation at AGM and PCN Annual Planning Meetings.
23. Engage withdeveloping system wide initiatives to provide greater efficiencies in thedelivery of health and social care. This may involve representing theorganisation at system-wide meetings addressing financial issues, developingresponses and initiatives to system wide budgeting financial issues,consulting with member practices to understand their requirements andidentifying appropriate solutions, working with other stakeholders includingHealth Education England, NHS pensions, ICB, etc
24. Maintain thestatutory books and records at Companies House.
25. Take personalresponsibility for maintaining up to date generalist finance knowledge andexpertise and good current knowledge of the business environment.
26. Ensureinformation and data governance relating to finance data is processed to allrelevant standards such as General Data Protection Regulations.
27. Oversee STHCsInsurance Schedule, ensuring appropriate cover for all areas of the businessand manage the submission of any claims.
28. Oversee andmanage shareholders share allocation and prepare the updated annualsubmission statement.
29. Develop andmaintain a robust financial risk register, complete with effectivemitigations to ensure the sustainability, compliance and growth of STHC.
30. Preparing theorganisation for external audit, ensuring regulatory compliance, as well asundertaking periodic internal audits to ensure local compliance.
31. Develop andmaintain the STHC Asset Register supported by the Operations Coordinator
GENERAL REQUIREMENTS OF ALL STHC ROLES
JobDescription
TheMain Duties of the role are not intended to be exhaustive and it is expectedthat the post holder supports the organisation with reasonable requests tocomplete tasks outside of these duties from time to time.
Confidentiality
In the performance of the dutiesoutlined in this job description, the post holder may have access toconfidential or sensitive information.All such information is to be regarded as strictly confidential andshould be treated in accordance with STHCs policies and procedures, and theprotection of personal and sensitive data guidelines, as outlined in staffmandatory training.
PersonalDevelopment Training:
Undertake activities to contribute to own knowledge and understand ofworking within a complex Primary Care organisation
Contribute to collection and dissemination of information to promoteadvancement of knowledge and education amongst colleagues.
Seek appropriate opportunities to advance own professional andpersonal development.
Participate in care quality activities and implement agreed actionplan as appropriate.
Provide regular managerial and supervision to Team members.
To keep up to date and participate in trainingprogrammes identified in a personal Development Plan.
To ensure self knowledge of changes in health carecommissioning and funding flows.
Support development of a culture for learning
To encourage learning andconsider the training needs of staff within the team, and to contribute totraining within the team.
HealthAnd Safety
The post holder will assist inpromoting and maintaining their own and others health . click apply for full job details
This senior role provides strategicleadership, financial governance, and oversight of all financial operationsacross the organisation. You will ensure accurate and timely financialreporting, effective systems and controls, and robust financial processes thatsupport organisational sustainability and informed decisionmaking.
The postholder will work closely with the CEO,Senior Leadership Team, and Board, and play a central role in shaping thefinancial strategy for the organisation.
Main duties of the job FinancialLeadership & Strategy
Provide expert financial advice to the CEO, Directors, and seniormanagers.
Lead the strategic development of the finance function to supportlongterm organisational aims.
Contribute to business planning and support financial modelling forgrowth and new services.
Prepare annual budgets, forecasts, cashflow projections, statutoryaccounts, and management accounts.
Lead financial governance, ensuring strong systems, procedures, andinternal controls.
Maintain compliance with financial legislation, VAT regulations,and statutory reporting requirements.
Manage external audit preparation and liaison.
OperationalFinance
Oversee all day to day financial operations including ledgers,reconciliations, supplier payments, and income recovery.
Manage payroll processes, including NHS and NEST pensions.
Maintain statutory books, insurance schedules, asset registers, andshareholder records.
BusinessServices & System Engagement
Support tender development with accurate financial modelling andcostings.
Lead financial management for PCNs, including reporting andattendance at PCN meetings.
Represent STHC within systemwide finance discussions andcollaborative initiatives.
TeamLeadership
Lead and develop the Finance Team, encouraging high performance,flexibility, and continuous improvement.
About us South Tyneside Health Collaboration - STHC is the GP Federation for South Tyneside, bringing together local practices to deliver high quality, sustainable primary care services at scale. As a key system partner, we work collaboratively with practices, PCNs, and wider organisations to improve patient outcomes and strengthen general practice across the borough.
What WeOffer
Opportunity to shape the future of primary care in South Tyneside.
Supportive leadership team and collaborative working culture.
A role with significant scope to influence systemwidetransformation.
Generous holiday allowance up to 33days
Birthday off
Flexible and hybrid working subject to business needs
Job responsibilities MAINRESPONSIBILITIES OF HOFBS
1. Managing theFinance Team in the day to day operational activities of the department, encouragingteam development and flexibility to support emerging business needs and thegrowth.
2. Working with theChief Executive, the Senior Leadership Team and other key staff to developstrategic plans for the organisation, consistent with and supportive of thestrategic direction of key partners. Taking a strategic approach todeveloping the Finance function over the longer term.
3. Advising seniorand line managers in the management of complex finance issues; providing budgeting advice and guidanceincluding contract review.
4. Support thepreparation of tenders or other service provision proposals with accurateanticipated costings, providing advice on the financial feasibility ofpotential business opportunities.
5. Developing andmaintaining an appropriate delegatory framework to ensure the organisationcan function effectively and efficiently whilst minimising the risk of fraudor error.
6.Proposing, developingand implementing finance policies and procedures, within own area and beyond,that are compliant with statute and best practice. Implementing system controls to reduce therisk of financial losses.
7. Prepare annualbudgets, and interim forecasts, to facilitate medium and longer termfinancial planning.
8. Prepare regularmanagement accounts that accurately reflect the financial position of thebusiness. Providing sufficient detail to inform decision making for eachincome stream.
9. Prepare cashflowforecasts to assure the organisation will be able to meet its liabilities ina timely fashion and or make use of surplus funds in the most effectivemanner.
10. Prepare theannual statutory accounts and liaise with external accountants and auditorsas required.
11. Prepare and orreview corporation tax returns, ensuring the business discharges anyliability in a timely manner.
12. Understand VATregulations that apply to the provision of healthcare services and to anyother relevant income streams. Ensure the organisation is appropriatelyregistered, and accounts for input and output tax accordingly.
13. Manage theFinance team to post transactions to the financial ledgers ensuring thesystem is always complete, accurate and up to date.
14. Prepare regularreconciliations of major accounts including fixed assets, accruals,prepayments and the bank.
15. Ensure suppliersare paid amounts that are rightly due within the agreed terms, authorisingfinancial transactions as permitted within the delegatory framework.
16. Ensure customersremit all funds due to the organisation promptly.
17. Management ofthe monthly payroll process, including all adjustments for pension, sessionalworker payments, overtime and expense payments.
18. Management ofall NHS and NEST pensions schemes on behalf of the organisation ensuringcompliance with NHS guidance and statutory requirements
19. Provision ofquarterly reports to the Board.
20. Management ofPCN funds ensuring income is complete and liaising with CDs to ensure fundsare accounted for and treated in line with PCN requirements
21. Provision ofaccurate financial statements and updated forecasts for each PCN and quarterly attendance atPCN meetings.
22. Preparation for,attendance and presentation at AGM and PCN Annual Planning Meetings.
23. Engage withdeveloping system wide initiatives to provide greater efficiencies in thedelivery of health and social care. This may involve representing theorganisation at system-wide meetings addressing financial issues, developingresponses and initiatives to system wide budgeting financial issues,consulting with member practices to understand their requirements andidentifying appropriate solutions, working with other stakeholders includingHealth Education England, NHS pensions, ICB, etc
24. Maintain thestatutory books and records at Companies House.
25. Take personalresponsibility for maintaining up to date generalist finance knowledge andexpertise and good current knowledge of the business environment.
26. Ensureinformation and data governance relating to finance data is processed to allrelevant standards such as General Data Protection Regulations.
27. Oversee STHCsInsurance Schedule, ensuring appropriate cover for all areas of the businessand manage the submission of any claims.
28. Oversee andmanage shareholders share allocation and prepare the updated annualsubmission statement.
29. Develop andmaintain a robust financial risk register, complete with effectivemitigations to ensure the sustainability, compliance and growth of STHC.
30. Preparing theorganisation for external audit, ensuring regulatory compliance, as well asundertaking periodic internal audits to ensure local compliance.
31. Develop andmaintain the STHC Asset Register supported by the Operations Coordinator
GENERAL REQUIREMENTS OF ALL STHC ROLES
JobDescription
TheMain Duties of the role are not intended to be exhaustive and it is expectedthat the post holder supports the organisation with reasonable requests tocomplete tasks outside of these duties from time to time.
Confidentiality
In the performance of the dutiesoutlined in this job description, the post holder may have access toconfidential or sensitive information.All such information is to be regarded as strictly confidential andshould be treated in accordance with STHCs policies and procedures, and theprotection of personal and sensitive data guidelines, as outlined in staffmandatory training.
PersonalDevelopment Training:
Undertake activities to contribute to own knowledge and understand ofworking within a complex Primary Care organisation
Contribute to collection and dissemination of information to promoteadvancement of knowledge and education amongst colleagues.
Seek appropriate opportunities to advance own professional andpersonal development.
Participate in care quality activities and implement agreed actionplan as appropriate.
Provide regular managerial and supervision to Team members.
To keep up to date and participate in trainingprogrammes identified in a personal Development Plan.
To ensure self knowledge of changes in health carecommissioning and funding flows.
Support development of a culture for learning
To encourage learning andconsider the training needs of staff within the team, and to contribute totraining within the team.
HealthAnd Safety
The post holder will assist inpromoting and maintaining their own and others health . click apply for full job details