Financial Operations Specialist

2 days ago


Middlesbrough, Middlesbrough, United Kingdom South Tees Hospitals NHS Foundation Trust Full time

About the Role

The Financial Operations Specialist will play a vital part in maintaining a high standard of financial support to the R&D Department and wider trust finance department. This role aims to modernize the delivery of services, promote new ways of working, and provide better access to financial information.

This will give better support to the financial planning within the R&D department and wider Tees Valley Research Alliance (TVRA).

The successful candidate will be responsible for the day-to-day operation of finance systems/functions, including issuing invoices and calculating income allocations, issuing credit notes, answering queries, training staff on finance, and meetings/calls with research and development delivery staff.

They will need to maintain regular contact with research team leaders, delivery teams, and external sponsors to ensure all invoiceable trials activity is reconciled and resolve any queries which may arise.

The ideal candidate should possess intermediate or advanced Excel skills, good problem-solving skills, and the ability to multi-task within this busy environment to meet agreed deadlines.

Main Responsibilities

  • To undertake a broad range of financial tasks, enabling accurate, comprehensive financial data to be processed through advanced solutions.
  • Budget holder support: To support and advise managers, budget holders, and other staff on financial issues, communicating information in lay terms and escalating when necessary.
  • Manage research accounts: Ensuring these are created in a timely manner as required for research and the finances are attributed.
  • Month-end completion: Responsible for month-end and quarterly activities, ensuring accuracy of financial position, maintaining monthly working papers, accruals, processing journals, and running month-end reports using financial systems.
  • Use their own initiative to investigate ad hoc queries and respond or escalate as necessary.
  • Train clinical trial staff on the correct process for invoicing to ensure all income is raised in a timely manner and adheres to sponsor requirements.
  • Invoicing: Proactive engagement with all relevant teams to ensure invoices are accurate and raised in a timely manner to maximize profit.
  • Handle queries from both internal staff and external sponsors relating to financial management, invoices, purchase orders, and costings.

About Us

South Tees Hospitals NHS Foundation Trust offers leadership and improvement training to all new staff to the Trust. This training programme has been designed to support our leaders in developing their understanding of leadership and management skills.

The successful candidate will be expected to attend the New and Aspiring Leaders programme and the Foundation Quality Improvement Programme that the Trust delivers.

Around £30,000 - £40,000 per annum, depending on experience.



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