Job Description

The post holder will be responsible for managing all finance and accounts for the Private Patients Unit at the Royal Free NHS FT. This includes , leading the month end process, financial reporting, budgeting & Forecasting, budgetary control and finance business partnering, costing , tariff management (Self pay, Private Medical Insurance & Embassy), management of the Credit Control , Invoicing & Treasury teams and day to day financial queries.Main duties of the jobTo lead and take complete ownership of the month end process for the Private Patients Unit, ensuring the financial position is complete and accurate and finalised in a timely manner. This includes preparing all journals, prepayments, accruals etc.To prepare appropriate financial reports to set timelines with written analysis / commentaries for the various service line senior managers enabling them to manage their areas of the business, analysing reasons for under / over performance and ensuring that the likely full year outcome is well explained.To manage all costing and pricing activities for the Private Patients unit, including proposals for new business and ongoing service pricing.Oversee the management of Private Medical Insurance (PMI), self-pay, and embassy tariffs, actively contributing to contract negotiations.To provide direct line manage the credit control, treasury and billing supervisors ensuring all deadlines are met whilst completing work to a high standardTo business partner with other departments within PPU and the Trust and to help teams manage their budgets.To lead budget holder meetings ensuring the department fully understands their budgets, expenditure and income.To manage and oversee day to day patient and consultant related queriesAbout usOur trust has over 17,000 staff serving 2 million patients every year. It comprises Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital, North Middlesex University Hospital and more than 30 services in the community. This larger scale organisation provides an unprecedented opportunity for us to continue our pioneering work, particularly in finding ways to deliver even better care to our patients.Our mission is to deliver world class care and expertise in our clinical services, underpinned by world class teaching and research and we will continue to measure our progress against our five governing objectives: excellent outcomes, excellent patient and staff experience, excellent value for taxpayers' money, being safe and meeting our external duties, and building a strong organisation.Everyone is welcome at Royal Free London NHS Foundation Trust. We're proud of our diversity and we continue to undertake new initiatives to advance equality for LGBT+, BME, gender equality, staff carers and people with disabilities and lived experiences to promote good relations and understanding between our staff.Date posted23 April 2025Pay schemeAgenda for changeBandBand 7Salaryxc2xa354,320 to xc2xa360,981 a year per annum inclusive of HCASContractFixed termDuration6 monthsWorking patternFull-timeReference number391-RFL-7145208Job locationsPrivate Patients Unit, Royal Free HospitalPond StreetLondonNW3 2QGJob descriptionJob responsibilitiesPlease see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust. Job descriptionJob responsibilitiesPlease see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.Person SpecificationExperienceEssential

• Qualified CCAB or equivalent

ExperienceEssential

• Financial Reporting and analysis

ExperienceDesirable

• Experience of working in private healthcare

KnowledgeDesirable

• Thorough experience and up to date knowledge of IFRS accounting standards and internal financial controls

Disposition and AttributesEssential

• Ability to work under pressure and meet objectives with conflicting deadlines

Disposition and AttributesEssential

• Treats others with Integrity and respect

ExperienceEssential

• Experience of line management of staff

ExperienceDesirable

• Costing, business cases and tariff management

ExperienceEssential

• Financial planning and forecasting to deliver targets

Person SpecificationExperienceEssential

• Qualified CCAB or equivalent

ExperienceEssential

• Financial Reporting and analysis

ExperienceDesirable

• Experience of working in private healthcare

KnowledgeDesirable

• Thorough experience and up to date knowledge of IFRS accounting standards and internal financial controls

Disposition and AttributesEssential

• Ability to work under pressure and meet objectives with conflicting deadlines

Disposition and AttributesEssential

• Treats others with Integrity and respect

ExperienceEssential

• Experience of line management of staff

ExperienceDesirable

• Costing, business cases and tariff management

ExperienceEssential

• Financial planning and forecasting to deliver targets

NHS