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Finance Manager

3 months ago

London, United Kingdom NHS Resolution Full time

Permanent

Pay band AfC 8a £53,755 to £60,054

Location: London / Leeds / Hybrid or Homeworking


We are recruiting for a further Finance Manager to join our growing team. You will be an exceptional candidate with the experience to deliver high-quality reporting, forecasting and analysis for NHS Resolution’s indemnity schemes and possess strong FP & A and commercial experience.


NHS Resolution provides indemnity arrangements for NHS secondary and general practice provision, several arms-length bodies, and a number of independent sector providers of health care. The eleven schemes, governed by Regulations, provide indemnity cover for both clinical and non-clinical negligence.


You will be responsible for delivering high-quality financial planning and analysis to support reserving for NHS Resolution’s indemnity schemes. You will also support the development and implementation of financial policies and processes to ensure effective financial management and governance.


Your responsibilities will include:


Managing the valuation of the indemnity scheme provisions, which are unique and central to NHS Resolution. This includes handling, modelling, and analysing complex data sets, working with actuarial advisers (including Government Actuary’s Department - GAD) and other experts, and reporting the best estimate of the scheme liabilities.


  • Managing and coordinating month end and year end activities
  • Developing forecasts, full year outturns, and carrying out ad hoc analysis to understand variances, trends, and risks, and to support decision making
  • Supporting production of NHS Resolution’s Annual Report and Accounts (ARA) and the external audit
  • Supporting reserving cycle activities and ownership of actions from formal working groups
  • Supporting new and existing projects as required
  • Contributing to the controlled environment and model assurance


You will be a qualified (ACCA/CIMA/ACA) accountant with excellent financial analysis, modelling and interpretation skills which would help NHS Resolution understand historical performance and apply to forecasting activities, along with trends that may impact future performance, as well as key assumption changes.


You will also have excellent planning and organisational skills and be used to delivering both accurately and to timelines, in a complex and fast paced environment.


In return you will be working within an ambitious and hardworking team and help shape the future work and focus for them within this unique organisation.


About Us


We are an arm’s length body (ALB) of the Department of Health and Social Care (DHSC) that provides indemnity to the NHS for the risks involved in delivering healthcare services. We handle compensation claims, ensuring compensation is both fair and timely while combatting exaggeration or fraud. We also deliver expert advice and support on the management of concerns about the performance of doctors, dentists and pharmacists.


Additionally, we resolve contracting disputes between primary care contractors and commissioners of primary care, operating independently and transparently to reduce the need for such disputes to be managed via the courts. Finally, we use our unique perspective across the causes of claims, performance concerns and contracting disputes to provide insights back to the NHS to help improve safety and manage risk.


Join NHS Resolution and be part of the wider NHS family.


We are a unique organisation that provides expertise to the NHS on resolving concerns and disputes fairly

We share learning for improvement and preserving resources for patient care


NHS Resolution is made up of staff from all walks of life which enriches the work we do. We embody our organisational PEER values:


Professional: We are dedicated to providing a professional, high quality service, working flexibly to find effective and efficient solutions.


Expert: We bring unique skills, knowledge and expertise to everything we do.


Ethical: We are committed to acting with honesty, integrity and fairness.


Respectful: ​​​​​​​We treat people with consideration and respect and encourage supportive collaborative and inclusive team working.


To aid our values we have well established networks for staff on diversity, disability, LGBTQ+ and sustainability. We also hold a level 3 award in the Disability Confidence Scheme and a Gold accreditation in Investors in People. Find out what our staff say about working at NHS Resolution – visit our LinkedIn page


What we offer in return:


The NHS wide basic 27 days of annual leave, increasing to 29 days after 5 years’ NHS service + 8 public holidays and after 10 years NHS service 33 days + 8 public holidays

Pay that reflects your skills and experience in line with wider NHS pay scales

Membership in one of the best pensions schemes in the UK

Investment in their training

Flexible working, including the option for homeworking


Upon joining the NHS family, there are a wealth of savings, discounts and support you will be able to access.


  • 24 hours employee assistance programme from Health Assured (EAP)
  • Eye care vouchers for SpecSavers
  • Health service discounts
  • Blue Light card, a discount service for the emergency services and the NHS
  • Cycle to work scheme
  • Season ticket loan scheme


For more detailed information on our indemnity schemes please see our Annual report and Accounts. Details of the Indemnity Scheme financial liabilities can be found in Note 7 of our accounts starting on page 166. NHS Resolution - Annual report and accounts 2023/24 Annual report and accounts 2023/24 (resolution.nhs.uk)


A candidate pack with more information on the role, team and organisation is available on request via email: nhsr.hrrecruitmentandresourcing@nhs.net


We reserve the right to close the job early should we receive sufficient applications


You must have the right to live and work in the UK.


This role is currently a hybrid role with up to two days a week to be based in our Leeds or London offices. If based in Leeds there will be some travel to our London office to attend team events and meetings.


We want all our candidates to flourish when interviewing with NHS Resolution. If there is anything we can do to support you in demonstrating your best self, please ask us, we are happy to be flexible. Please contact nhsr.hrrecruitmentandresourcing@nhs.net


We sincerely care about our colleagues, promoting work-life balance, wellbeing, and flexible working. We believe that the skills and experience you bring to NHS Resolution are invaluable. We want you to have the opportunity to develop your abilities, and to pioneer and develop in areas which you are passionate about. Please check out our LinkedIn ‘Life’ page, highlighting our accomplishments, employees, and company culture