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United States
Finance and Business Manager
GBP 80,000 - 100,000
Be among the first applicants.
3 days ago
Northumbria Healthcare NHS Foundation Trust
An exceptional opportunity has arisen to provide business and finance leadership within the purpose-built Medicines Manufacturing Centre (MMC). Based in Seaton Delaval, Northumberland, the MMC will produce sterile injectable medicinal products in line with MHRA Good Manufacturing Practice on behalf of the North East and North Cumbria Provider Collaborative. The post holder will act as the Finance and Business Manager.
The Finance and Business Manager will provide senior leadership, strategic management, and commercial acumen for the company as they evolve and go through a period from start-up to significant growth.
The post holder will drive the delivery of well-managed budgets and ensure the financial viability of the Company. Rigorous contract management, bona fide checks of customers and suppliers, robust delivery of agreed KPIs, and project management will also be a key feature of the role. The post holder will have direct accountability to the Board and will be required to attend meetings of the MMC Board of Directors, as well as leading the Finance and contracting group with representatives from all partners discussing delivery of SLAs for services delivered into and out of the organisation.
Main duties of the job
This role will sit on the senior management team, provide line management duties to the purchasing and procurement team, and report into the Managing Director of the MMC. The post holder will influence and support the strategic vision and will be responsible for the development and delivery of strategic objectives, oversight of performance and risk, use of resources, and delivery of services to deliver high-quality products.
The MMC is in the late stages of design, with the facility build phase planned through to September 2025. This presents an exciting opportunity to be involved in the design and build of a new facility, the development of new production processes, and contribution to establishing a functional PQS for the facility.
Staff will be employed by Northumbria Healthcare Foundation NHS Trust until the formation of the Medicines Manufacturing Centre Legal Liability Partnership (LLP) is formed as a legal entity, after which TUPE regulations will apply.
Job responsibilities
* Responsible for providing robust financial leadership, strategic management, expert and specialist strategic financial and business planning advice to the organisation, ensuring financial controls are maintained in line with Corporate Governance requirements.
* Provide expert advice to the subsidiary Board of Directors on all financial issues.
* Ensure the achievement of financial sustainability & performance management along with the key strategic objectives including the development and coordination of key performance indicators.
* Ensure that all raw materials and consumables have been procured from bona fide suppliers, as per MHRA regulatory requirements.
* Conduct relevant bona fide checks on all customers before initial supply and on an ongoing basis.
* Oversee and lead on Strategic Risk Register, MMC insurances, Internal Audit Programme, Property transactions, Pensions transactions, contracts, and leases.
* Lead and manage the Finance function, ensuring effectiveness and business focus of financial systems and processes.
* Investigate and advise on highly complex and sensitive financial issues.
* Ensure compliance with statutory and legal requirements, ensuring statutory accounts & returns are accurate and meet agreed timescales and legal requirements.
* Contribute to the development of the 5-year and annual planning cycle.
* Represent MMC in external forums.
* Ensure effective working relationships between the MMC, partner trusts, and external partners.
* Lead and manage contract negotiation, performance monitoring, and management, including mitigation against underperformance.
* Devise supporting financial plans, including financial forecasts, charging policy, value for money, investment plans, and capital plans.
* Meet agreed targets and objectives and deliver within defined costs, timescales, and resources.
* Evaluate business opportunities and risks - and lead on bids development and business case production.
* Apply rigorous commercial disciplines and techniques in assessing the viability of investment proposals.
* Ensure value for money through reviews of the MMC operation and effective procurement arrangements.
* Ensure a robust and sound system of internal control.
* Develop effective budgetary control systems.
* Manage the development and delivery of management accounts, monthly financial reports to Board, and annual accounts.
* Maintain stringent liquidity controls through cost-effective cash management procedures.
* Responsible for financial and contract governance, including reporting key information to the Board.
* Ensure that both internal and external deadlines are met for all financial monitoring information requirements.
* Effectively manage financial agreements between the MMC and key stakeholders to ensure appropriate recovery of costs.
Person Specification
Qualifications / Professional Registration
* Educated to master's degree level or equivalent specialist qualification.
* Recognised professional accountancy qualification and full membership e.g. CCAB Professional Accountancy qualification or the Chartered Institute of Management Accountants (CIMA).
* Evidence of continuing professional and personal development.
* Member of ICAEW or equivalent.
Experience and knowledge
* Advanced, expert and specialist theoretical & practical knowledge & experience across various functions and disciplines acquired through demonstrable experience in a commercial manufacturing setting or in an acute NHS Trust at Principal Finance Manager level (or equivalent).
* Experience of holding senior individuals and teams to account.
* Significant experience of working in an acute NHS Trust at Principal Finance Manager level (or equivalent).
* Experience of providing operational and strategic financial and business planning advice.
* Experience of leading, managing and developing senior teams.
* Record of successful project/complex change management.
* Evidence of building and utilising robust partnerships with internal and external stakeholders.
* Strong business acumen and knowledge of good corporate governance, strategic planning, risk, and performance management.
* Extensive track record of organisational change and business growth.
* Evidence of an innovative and creative approach to income generation.
Other requirements
* It is essential that the post holder has a valid driving license and is either a car owner or has a Trust personal lease vehicle for work purposes. Reasonable adjustments may be made to enable a disabled person to undertake the role.
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975, necessitating a submission for Disclosure to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Job locations
Northumbria Healthcare Manufacturing and Innovation Hub
Reference number
319-6944644JN
Employment Type
Full-time, Flexible working, Compressed hours
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