Finance Manager - Managed Services and Commercial Finance

Gloucestershire Hospitals NHS Foundation Trust; Gloucester; On-site; GBP 90,000 - 130,000; Full time

Job summary

Gloucestershire Hospitals NHS Foundation Trust is seeking a senior finance leader to drive commercial and financial governance across complex procurements and managed service arrangements. You will guide scoping, option appraisal, business case development and benefits realisation, acting as the finance lead through mobilisation and post‑implementation reviews.

The postholder will engage with Executive Directors, clinical and operational leads, and external vendors to ensure robust value for

Qualifications

• Qualified Accountant with postgraduate finance experience.
• Significant post-qualification experience in complex financial management.
• Experience in capital accounting, commercial finance and business case development.
• Knowledge of NHS financial regime and procurement guidance.

Responsibilities

• Lead financial governance and value-for-money assessments across commercial lifecycle.
• Advise executives on affordability, risk, and whole-life cost for major procurements.
• Develop and appraise strategic business cases, investment appraisals and benefits realisation.
• Oversee financial models covering whole-life costs, PV, risk, and scenarios.
• Challenge suppliers and lead due diligence for complex NHS arrangements.
• Coordinate cross-functional teams including procurement, clinical services and legal.

Skills

Financial leadership

Commercial acumen

Financial modelling

Procurement governance

Strategic planning

Education

Degree level education

Postgraduate finance qualification

Qualified Accountant

Job description

This is an exciting new role which will provide senior financial and commercial leadership for complex business cases and major managed service arrangements, acting as the finance lead across the full commercial lifecycle. The postholder will lead the financial workstream from initial scoping and option appraisal through procurement strategy, tender evaluation, business case approval, contract mobilisation and benefits realisation., Working autonomously with senior stakeholders, the postholder will provide robust financial governance, value for money assessment, affordability analysis, business case development, financial modelling, contract due diligence and commercial challenge to support sound investment decisions and secure sustainable financial outcomes for the Trust. The role will work closely with Finance Business Partners, Procurement, Clinical Services, Operational Leads, Legal Advisors and external suppliers to ensure that procurement and transformation cases are financially robust, commercially deliverable and compliant with NHS financial governance, HM Treasury guidance and public-sector procurement requirements., Act as the lead finance representative for major managed service procurements, complex commercial arrangements, investment programmes and transformation cases, providing financial leadership from initial scoping and option appraisal through approval, procurement, mobilisation and benefits realisation. - Advise Executive Directors, Programme Boards, Committees and senior managers on affordability, value for money, whole-life cost, financial risk, commercial implications and alignment with the Trusts financial strategy, capital and revenue constraints and long-term plans. - Lead the financial development of Strategic Outline Cases, Outline Business Cases and Full Business Cases, ensuring assumptions, options, benefits, risks and recommendations are robust, clearly presented and compliant with NHS and HM Treasury guidance. - Design, develop and maintain complex financial models covering whole-life costs, total cost of ownership, investment appraisal, capital and revenue consequences, risk transfer, sensitivity analysis, scenarios, affordability and benefits. - Assess supplier pricing, payment mechanisms, indexation, performance deductions, gainshare arrangements, lifecycle costs, management fees, consumables, facilities management and other commercial terms. - Develop financial evaluation and scoring methodologies; lead the assessment, clarification and moderation of tender submissions; and provide evidence-based recommendations on preferred bidders. - Undertake financial due diligence on suppliers and proposed contracts, assessing financial standing, commercial resilience, contractual schedules, pricing adjustments, risk transfer and financial commitments, with clear escalation of material risks. - Interpret and apply relevant accounting standards, national reporting manuals, procurement rules and business case guidance, advising on capital and revenue treatment, VAT, CDEL, depreciation, asset ownership, lifecycle funding and service concession considerations. - Support contract approval and mobilisation by establishing financial controls, budgets, reporting, invoice validation, contract monitoring, governance and escalation arrangements. - Confirm financial baselines, savings and productivity assumptions, benefits profiles and ownership; develop proportionate tracking arrangements; and support post-implementation review and benefits realisation. - Plan and coordinate the financial workstream across multiple stakeholders, producing timely forecasts, scenario analysis, mitigation plans and high-quality information for decision-makers. - Build effective working relationships with Finance Business Partners, capital finance, procurement, business intelligence, legal advisers, clinical and operational teams, senior leaders and external suppliers. - Present complex and sensitive financial information clearly to financial and non-financial audiences, using strong negotiation, challenge and influencing skills where there are competing priorities or barriers to acceptance. - Provide senior leadership within Finance, offering expert guidance, supervising, coaching and mentoring colleagues, improving team capability, documenting effective procedures and supporting recruitment, training and implementation of policies. - Promote robust financial governance and compliance with Standing Financial Instructions, taking appropriate action where issues arise and developing systems and processes that strengthen procurement assurance, contract management and benefits tracking. - Maintain current specialist knowledge of NHS finance, accounting, commercial practice and relevant national and regional guidance; contribute to finance training for budget holders and non-finance staff; and evidence continuing professional development. - Work autonomously in a demanding and changing environment, prioritising competing deadlines, solving complex problems and maintaining resilience, sound judgement and high professional standards.

• Qualified Accountant
• Educated to degree level
• Postgraduate-level specialist knowledge acquired through significant post-qualification experience in complex financial management, capital accounting, commercial finance and business case development, Ability to demonstrate knowledge and experience of financial management
• Ability to demonstrate knowledge and experience of capital accounting
• A strong technical working knowledge of the NHS financial regime and associated accounting standards and being able to apply them to understand consequences and to offer solutions, Experience of financial leadership of major investment programmes in an NHS organisation including business case development and approvals (from concept through to contract negotiation)
• Experience of financial modelling of complex commercial arrangements within the NHS e.g. PFIs, managed equipment services, outsourced arrangements etc
• Experience of developing business cases under HM Treasury's Green Book Guidance
  This role sits in a high performing finance team which has achieved Level 2 One NHS Finance Towards Excellence Accreditation, illustrating a culture where staff feel appreciated and successes are celebrated.