Finance Transformation Assistant

2 weeks ago


Newcastle upon Tyne, United Kingdom NHS Business Services Authority Full time

If you are passionate about finance and want to use your knowledge and skills in a role that can make a difference, the NHS Business Services Authority (NHSBSA) have the role for you

We are looking for a Financial Transformation Assistant to support our new team. All training will be provided and you’ll get involved in exciting new initiatives for the organisation such as benchmarking, financial benefits in projects and understanding costs of our services.

If you are positive, outgoing and good at interrogating data and producing accurate analysis, you may have what this role needs

This is a great opportunity to help shape a new team and see real impact of your work on the organisation and for the Public. We are seeking applicants from all backgrounds to ensure we get the best, most creative talent on our team.

What do we offer?
- 27 days leave (increasing with length of service) plus 8 bank holidays
- Flexible working (we are happy to discuss options such as compressed hours)
- Flexi time
- Hybrid working model (we are currently working largely remotely)
- Career development
- Active wellbeing and inclusion networks
- Excellent pension
- NHS Car lease scheme
- Access to a wide range of benefits and high street discounts

To participate in the accurate and timely production of information for initiatives that the new Financial Transformation Team is undertaking. This includes government reviews, long-term forecasting, benefits realisation, unit costing and benchmarking.

You will help provide the organisation with advice and information that will assist them in decision making. To achieve this, a fundamental understanding of the operational issues and challenges of each service area will be required - and this can be developed over time.

At the NHS Business Services Authority (NHSBSA) we deliver a range of essential national services to NHS organisations and contractors, patients and the public.

You may already be using some of our services. Do you have a prescription pre-payment certificate? Perhaps you found this vacancy through NHS Jobs? We’re behind these, and much more.

Being one of the UK’s Best Big Companies to work for, our values are to be Collaborative, Adventurous, Reliable and Energetic. We CARE about what we do and support each other in achieving our objectives.

Our people are the heart of our organisation. We strive to ensure they feel trusted, valued and empowered. We’re passionate about nurturing and developing people. When you join us, we want you to grow, and we offer many opportunities for you to do that.

We are the NHS delivering for the NHS.

In this role, you are accountable for:
1. To produce, maintain and develop analysis for the government reviews, which are relevant, accurate and timely, and will enable the Financial Transformation team to develop robust commissions that have been approved by senior management and provide an impactful response to our funders
2. Undertake variance analysis, desk top reviews and investigations for benchmarking, as and when requested by the Finance Transformation Manager or Head of Financial Transformation. Training will be provided
3. Undertake variance analysis, desk top reviews and investigations for financial benefit analysis, working collaboratively with colleagues. Training will be provided
4. Provide user training for staff in other departments helping them understand our processes for unit costing, benchmarking, and financial benefit analysis
5. Use NHSBSA systems to collect data, and build relationships with key users of the information to ensure that all processes / procedures are running at their optimum. This will include contributing to the ongoing improvement of existing procedures.
6. Develop and maintain complex spreadsheets to monitor all progress in unit costing, benchmarking, and financial benefit analysis. This will be used to support decision making by the organisation including Leadership team and Board so it will be important that data is accurate and meets strict deadlines
7. Understanding funders expectations and using this awareness to bring impact to your work, always keeping in mind the end goal of delivering impact to our customers
8. To make suggestions on how to improve processes, procedures and working practices within the division and ensure that all duties are carried out in accordance with NHSBSA Standing Financial Instructions and NHSBSA financial procedures.
9. To assist the Finance Transformation Manager in analysing all unit costing, benchmarking, and financial benefits on a regular basis
10. To liaise closely with Finance colleagues to ensure that systems and procedures are working to the optimum level
12. Make decisions within operational guidelines referring to Finance Transformation Manager where necessary
13. Assist other members of the Financial Transformation team by performing ad-hoc duties as required
14. Attend relevant training courses and complete an annual personal development plan


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