Head of Financial Services (Band 8B - 8C Development Opportunity)
- Full-time
- Weekly Hours / Programmed Activities: 37.5
- Salary Band: Band 8c
- Staff Group: Administrative and Clerical
- Contract Type: Permanent
- Job Area: Admin and Corporate
Company Description
Our vision for Single Corporate Services
Isle of Wight NHS Trust (IWT) and Portsmouth Hospitals University NHS Trust (PHU) have a shared vision of a single corporate service across our two organisations, supported by a single set of identical systems and processes, under joint leadership, to drive significant efficiencies, improve employee experience, and return time to patient care.
This vacancy is part of the Single Corporate Services Division.
Why are we changing the way we deliver Corporate Services?
Working as a partnership, both IWT and PHU have a shared vision for excellence in care for our patients and communities; with a set of strategic aims underpinning how we will achieve this. The creation of a single corporate service is essential for us to support our clinical and operational services, and our wider transformation programme.
The vision for our single corporate services is to:
- Be an employer of choice for corporate talent, attracting and retaining people who share our values for excellence in care and welcome the opportunity to benefit from the broad range of flexible career and development opportunities we can offer.
- Improve efficiency through simplified and standardised policies, processes, and systems, drawing on the best from both Trusts.
- Do things once and reduce any duplication on transactional tasks giving corporate staff the ability to focus on higher value and more diverse activities.
- Co-invest in the latest digital solutions and standardise our approach, meaning we do things once for both organisations.
- Improve learning and development opportunities and sharing best practice, upskilling both Trusts.
- Co-locate teams in purpose-built facilities on the Island and in Portsmouth to enable closer working and sharing.
- Build resilience for individuals and our teams.
The single corporate service is delivered across both organisation. You may be based at either IWT or PHU and individuals may be required to undertake business travel between sites. For leaders managing staff across multi-site locations, you will need to be visible and provide in person leadership. The arrangements and frequency will be agreed locally.
Singe corporate service summary
Job Description
Band 8B: 64,455 - £74,896
Hours per week: Full time - 37.5
Location: Based at either the Isle of Wight NHS Trust or Lakeside North Harbour, with time spent at both sites as required – to be agreed locally
Contract: Permanent
Are you ready to shape the future of finance across two leading NHS Trusts? Bring your leadership, technical expertise, and passion for innovation to Isle of Wight NHS Trust and Portsmouth Hospitals University NHS Trust. We’re seeking a dynamic finance professional to join us at Band 8B, with a clear, supported pathway to Band 8C over 12 months.
By joining our shared Financial Services team, you’ll:
- Lead a talented, passionate group covering Financial Accounts, Financial Systems, Cashiers, and Overseas Visitor Officers
- Drive continuous improvement across statutory accounts, audit liaison, counter-fraud, cash, VAT, capital, and leasing accounting
- Work within Oracle and Shared Business Services (SBS) frameworks
- Report directly to the Assistant Director of Financial Services & Reporting and collaborate closely with both Finance Directors
Starting Role Responsibilities (Band 8B)
- Oversee monthly, quarterly, and annual financial accounting operations
- Prepare statutory annual accounts and governance reports
- Liaise with internal audit, counter-fraud teams, and external auditors
- Manage cash flow, VAT, capital, and leasing accounting
- Ensure effective use and integration of SBS and Oracle financial systems
- Provide hands-on leadership to the Financial Services team
12-Month Development Pathway to Band 8C
We’ll review progress every three months against clear milestones. To achieve promotion to Band 8C, you will demonstrate:
- A full understanding of the policies, procedures, deliverables, controls, and objectives of the entire Financial Services team
- Leadership and oversight of statutory returns and governance statements, ensuring timeliness and accuracy
- In-depth knowledge of the financial interface between both Trusts and the external Accounts Payable, Accounts Receivable, Payroll, and Ledger provider
- High level technical accounting expertise in Capital, VAT, Pensions, and Audit, aligned with the latest guidelines and conventions
- A visible, personable leadership style that unites teams across multiple sites
Who We’re Looking For
- Fully CCAB qualified finance professional
- Track record of innovation and continuous service improvement
- Excellent communication, stakeholder management, and team-building skills
- Ability to thrive in a matrix structure and lead cross-organisational projects
- Creative problem-solver with a commitment to outstanding service delivery
What We Offer
- Competitive NHS Band 8B starting salary, with progression to Band 8C upon meeting development milestones
- NHS Pension Scheme and “Blue Light” Discounts & Benefits
- 27 days annual leave rising to 33 days with service, plus bank holidays
- Flexible hybrid working arrangements and excellent work–life balance
- Free car parking at Lakeside Hub
- Access to an on-site gym, heated pool, nursery, and wellbeing facilities
- Lease car scheme, season ticket loans, and extensive staff discounts
- Structured Learning & Development opportunities and staff networks
- Staff recognition schemes and a strong Health & Wellbeing programme
As a large acute hospital, there are many opportunities for development and are encouraged, you will be given excellent benefits as well. We warmly welcome your application. If you have any questions, please contact Steve Smith at [email protected]. We look forward to hearing how you’ll drive financial excellence across our Trusts.
Qualifications
Essential
- CCAB qualified
- Significant-Post Qualification Experience
- Evidence of active continuing professional development
Desirable
- Recognised Leadership Development programmes
- MBA or similar post-graduate qualification.
Experience
Essential
- Has experience of effective partnership working with other organisations at a senior level.
- Experience at a senior level within a financial accounting environment.
- Can demonstrate evidence of setting and achieving ambitious targets and of implementing innovative solutions designed to improve services within tight financial constraints.
Desirable
- Has experience in managing within complex health service environment at a senior management level.
Knowledge
Essential
- Can lead, motivate and inspire others, and allow others to lead if appropriate.
- Is immediately credible to internal and external stakeholders.
- Has excellent verbal and written communication skills.
- Can employ a range of influencing and negotiation strategies.
- Can work collaboratively and effectively with colleagues.
- Demonstrates ability to self-manage workload and complexity to operate effectively.
Additional Information
We welcome the unique contributions that you can bring in terms of your education, opinions, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran’s status, colour, religion, disability, sexual orientation, and beliefs.