Finance Manager - Research Funding & Clinical Research Network

As 2022 HFMA large team of the year, The Newcastle Hospitals Research Finance Team offers a fantastic opportunity to contribute to the future of healthcare. The team forms part of the wider Finance Directorate, with a specific focus on supporting research across the Trust and North East and North Cumbria (NENC). As a Finance Manager you will form part of this award-winning team, contributing your skills and experience to provide financial oversight for the NIHR in Newcastle. You will support research applications, commercial contracting, collaborative contracting and financial management of key awards including oversight of the NENC Regional Research Delivery Network (RRDN).

This is a key role within the Team working alongside a second finance manager and the wider team you will contribute to the delivery of the Trust and RRDN Research Strategy by delivering an excellent finance function. The team is proud to deliver a professional, high-quality service within the Trust and look forward to welcoming you!

• Interview Date Thursday 12 December 2024
• 37 Hours 30 Minutes/Week

Main duties of the job

You will manage a small team, covering costing of contracts, bids and allocations, month end closedown and process, reporting both internally and externally to NIHR, quarterly and annually. You will have a key role in the development and maintenance of the Trust's Research Costing and applications process to ensure Trust Costs are appropriately covered and financial risk is minimised.

• Deputise for the Assistant Director of Finance and Clinical Board Finance Manager in areas relating to Research Costing.
• Provide professional finance support for Research applications.
• To develop and maintain a costing model/process to be used during Research applications to ensure that Trust costs are appropriately covered.
• To be the key point of contact for provision of costing information and funding advice to the Newcastle Joint Research Office and to Research Project Leads during the application process and award stage.
• Utilise your knowledge and skills to support the Assistant Director of Finance and Clinical Board Finance Manager with key pieces of work such as business cases.
• Work Flexibly with the Finance Manager (post award) to ensure a robust financial management function is maintained.
• To liaise with Research Clinical Director, Deputy Medical Directors, Trust Executive Directors, consultant/senior clinicians, Newcastle Joint Research Office, Trust Research Finance team, Research Leads, and other Research staff as appropriate.

About us

Our staff oversee around 6,500 patient contacts every day, delivering high standards of healthcare from the following sites:

• Freeman Hospital
• Royal Victoria Infirmary (RVI)
• Health Innovation Neighbourhood (on the former Newcastle General Hospital and Centre for Ageing and Vitality site)
• Newcastle Dental Hospital
• Newcastle Fertility Centre
• Northern Centre for Cancer Care, North Cumbria
• Northern Genetics Service
• Cramlington Manor Walks

These include a range of flagship services which deliver cutting-edge care (supported by state-of-the-art diagnostic services in both radiology and pathology) and are a catalyst for innovation to support pioneering clinical practice in the NHS.

We also have offices at Regent Point in Gosforth and community sites.

Please see attached information on what Staff Benefits we have to offer at our Trust under 'Documents to download' or 'Supporting documents'.

For further information on The Newcastle upon Tyne Hospitals NHS Foundation Trust please visit: Careers | Newcastle Hospitals | NHS | Newcastle Hospitals

Job description

Job responsibilities

Excellent interpersonal skills are essential as the postholder must have the ability to communicate complex financial issues. A logical and analytical approach to problem solving, having strong management and planning skills to co-ordinate the workload of a large finance function and the ability to work to tight timetables and under pressure.

• To deputise for the relevant Assistant Finance Director
• To ensure the provision of professional finance support for Research applications
• To lead the costing model/process for the Trust to be used during Research applications to ensure that all Trust costs are appropriately recovered
• To develop financial awareness in Research Teams and Principal Investigators of NHS research costing requirements
• To identify the financial risk to the Trust of Research award applications/proposals and develop/identify mitigating actions
• To advise on method of funding for excess treatment costs of Research studies
• To lead on systems/process development and improvement in relation to Research, in particular the application and approval processes
• To provide key input into the development of Research financial reporting, with the aim of improving the quality and efficiency of financial information provided
• To provide key input into the Trusts Research capacity and capability confirmation process
• To ensure costing information and appropriate analysis is available to support research related business planning and development
• To provide financial information for inclusion within Newcastle University collaboration agreements
• To ensure the provision of a high-quality financial management service for the Clinical Research Network, North East and North Cumbria (CRN:NENC). Provision of timely and accurate information to facilitate effective monitoring and management of the network financial position and to support the decision-making process

As a flexible working friendly organisation, we want to be sure that you can work in a way that is best for us and for our patients, and for you. Speak to us about how we might be able to accommodate a flexible working arrangement. If it works for the service, we will do our best to make it work for you.

Person Specification

Qualifications & Education

Essential

• Professional Accountancy qualification
• Evidence of participation in continued professional development

Knowledge & Experience

Essential

• In depth specialist and practical knowledge of the NHS Foundation Trust finance regime, including corporate governance
• A good understanding of the NHS Research funding systems/costing models and NHS Research Strategy and governance framework
• Significant experience in the finance department of a complex organisation
• Demonstrable experience in a financial management environment, including ability to provide detailed guidance and advice to finance and non-finance managers

Desirable

• Previous NHS finance experience at a senior level
• Microsoft Office skills
• An in depth understanding of NHS Research Funding streams and the role of NIHR (National Institute for Health Research)

Skills & Abilities

Essential

• Staff Management/supervisory experience and the ability to plan and organise a range of complex activities and programmes to meet deadlines
• Ability to communicate highly complex, sensitive or contentious information to a range of audiences using a range of different communication methods
• Excellent interpersonal skills and the ability to develop good working relationships with Clinicians, Senior Managers and other Health Professionals both within the Trust and external organisations relating to Research
• Ability to analyse, interpret and make judgements involving highly complex facts and situations
• Flexible approach in an environment with ever changing/ conflicting priorities
• Computer literate with a good working knowledge of financial systems
• Ability to work autonomously, interpreting national policy and regulations for the benefit of the Finance Directorate and the Trust

Desirable

• Presentation skills/experience of public speaking
• Experience of report writing
• Use of report writing software
• Knowledge of Oracle Cloud

Employer details

Employer name

The Newcastle upon Tyne Hospitals NHS Foundation Trust

Address

Regent Point
317 Regent Point
NE3 3HD

Any attachments will be accessible after you click to apply.

317-2024-46-018