Finance Manager – Research Funding & Clinical Research Network
The Newcastle upon Tyne Hospitals NHS Foundation Trust
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, focusing on supporting research across the Trust and North East and North Cumbria (NENC). As a Finance Manager, you will contribute your skills and experience to provide financial oversight for the NIHR in Newcastle, supporting 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 looks forward to welcoming you!
* Interview Date: Thursday 12 December 2024
* You will be redirected to Trac to apply for the vacancy. Please expand the job details section and read all of the information before applying for the vacancy.
NO AGENCIES PLEASE
Main Duties of the Job
You will manage a small team, covering costing of contracts, bids and allocations, month-end closedown and 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 minimized.
* 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.
* Develop and maintain a costing model/process to be used during Research applications to ensure that Trust costs are appropriately covered.
* 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.
* Utilize 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.
* 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 that 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
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 coordinate the workload of a large finance function, and the ability to work to tight timetables and under pressure are required.
* Deputise for the relevant Assistant Finance Director.
* Ensure the provision of professional finance support for Research applications.
* Lead the costing model/process for the Trust to be used during Research applications to ensure that all Trust costs are appropriately recovered.
* Develop financial awareness in Research Teams and Principal Investigators of NHS research costing requirements.
* Identify the financial risk to the Trust of Research award applications/proposals and develop/identify mitigating actions.
* Advise on methods of funding for excess treatment costs of Research studies.
* Lead on systems/process development and improvement in relation to Research, particularly the application and approval processes.
* Provide key input into the development of Research financial reporting, aiming to improve the quality and efficiency of financial information provided.
* Provide key input into the Trust's Research capacity and capability confirmation process.
* Ensure costing information and appropriate analysis is available to support research-related business planning and development.
* Provide financial information for inclusion within Newcastle University collaboration agreements.
* Ensure the provision of a high-quality financial management service for the Clinical Research Network, North East and North Cumbria (CRN:NENC), providing 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 organization, we want to ensure that you can work in a way that is best for us, 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
* Evidence of participation in continued professional development.
Knowledge & Experience
* 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 organization.
* Demonstrable experience in a financial management environment, including the ability to provide detailed guidance and advice to finance and non-finance managers.
* Previous NHS finance experience at a senior level.
* An in-depth understanding of NHS Research Funding streams and the role of NIHR (National Institute for Health Research).
Skills & Abilities
* Staff management/supervisory experience and the ability to plan and organize a range of complex activities and programs to meet deadlines.
* Ability to communicate highly complex, sensitive, or contentious information to a range of audiences using various 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 organizations relating to Research.
* Ability to analyze, interpret, and make judgments 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.
* Presentation skills/experience of public speaking.
* Experience of report writing.
* Use of report writing software.
* Knowledge of Oracle Cloud.
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975, and as such, it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
The Newcastle upon Tyne Hospitals NHS Foundation Trust
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