Job Description
Job summary 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 job To 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 standard To 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 queries About us Our 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 posted 23 April 2025 Pay scheme Agenda for change Band Band 7 Salary £54,320 to £60,981 a year per annum inclusive of HCAS Contract Fixed term Duration 6 months Working pattern Full-time Reference number 391-RFL-7145208 Job locations Private Patients Unit, Royal Free Hospital Pond Street London NW3 2QG Job description Job responsibilities Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust. Job description Job responsibilities Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust. Person Specification Experience Essential Qualified CCAB or equivalent Experience Essential Financial Reporting and analysis Experience Desirable Experience of working in private healthcare Knowledge Desirable Thorough experience and up to date knowledge of IFRS accounting standards and internal financial controls Disposition and Attributes Essential Ability to work under pressure and meet objectives with conflicting deadlines Disposition and Attributes Essential Treats others with Integrity and respect Experience Essential Experience of line management of staff Experience Desirable Costing, business cases and tariff management Experience Essential Financial planning and forecasting to deliver targets Person Specification Experience Essential Qualified CCAB or equivalent Experience Essential Financial Reporting and analysis Experience Desirable Experience of working in private healthcare Knowledge Desirable Thorough experience and up to date knowledge of IFRS accounting standards and internal financial controls Disposition and Attributes Essential Ability to work under pressure and meet objectives with conflicting deadlines Disposition and Attributes Essential Treats others with Integrity and respect Experience Essential Experience of line management of staff Experience Desirable Costing, business cases and tariff management Experience Essential Financial planning and forecasting to deliver targets Disclosure and Barring Service Check This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions. Certificate of Sponsorship Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab) . From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab) . Additional information Disclosure and Barring Service Check This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions. Certificate of Sponsorship Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab) . From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab) . Employer details Employer name Royal Free London NHS Foundation Trust Address Private Patients Unit, Royal Free Hospital Pond Street London NW3 2QG Employer's website https://www.royalfreelondonjobs.co.uk/ (Opens in a new tab) Employer details Employer name Royal Free London NHS Foundation Trust Address Private Patients Unit, Royal Free Hospital Pond Street London NW3 2QG Employer's website https://www.royalfreelondonjobs.co.uk/ (Opens in a new tab). Location : Private Patients Unit, Royal Free Hospital, Pond Street, NW3 2QG London, United Kingdom