Head of Capital and Subsidiary Finance

Hampshire Hospitals NHS Foundation Trust; Basingstoke and Deane; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A reputable NHS Foundation Trust in Basingstoke is seeking a full-time Head of Capital and Subsidiary Finance. This pivotal leadership role requires expertise in financial accounting, capital planning, and VAT compliance. The successful candidate will oversee strategic financial insight, collaborate with various teams, and ensure compliance with UK GAAP. Joining a committed financial accounts team, you will contribute to the trust's mission of providing outstanding patient care.

Benefits

Rewarding career

Nationally agreed terms and conditions

Range of additional benefits

Qualifications

• Proven leadership in financial accounting and capital planning.
• Expertise in UK GAAP and IFRS compliance.
• Experience in managing VAT and external advisors.

Responsibilities

• Lead capital planning, forecasting, and reporting for the Trust.
• Develop relationships with teams to support asset replacement.
• Oversee the production of statutory accounts for compliance.

Skills

Excellent planning and organisational skills

Strong communication skills

Self-motivated

Proactive

Job description

An exciting opportunity has arisen in the Hampshire Hospitals NHS Foundation Trust Financial Accounts team for a full‑time Band 8b Head of Capital and Subsidiary Finance role.

Overview

We are seeking an individual who is self‑motivated, pro‑active and with excellent planning and organisational skills. The post holder is required to have excellent verbal and written communication skills.

The Head of Capital and Subsidiary Finance plays a pivotal leadership role in delivering high‑quality financial accounting, capital planning and statutory reporting for HHFT and its subsidiary company. The post holder leads the Trust’s capital accounting, planning and forecasting, providing strategic financial insight, medium‑term capital planning (3–5 years) and expert advice to Executive and Divisional leadership. The post holder also acts as the Trust’s VAT lead, ensuring compliance, maximising recovery and strengthening internal understanding.

Capital Planning, Forecasting and Reporting

• Lead the Trust’s capital planning, forecasting and reporting for HHFT and its subsidiary, including 3–5 year capital plans for the Board and Finance & Infrastructure Committee.
• Develop strong relationships with programme managers, Medical Equipment, Estates and Divisional teams to support long‑term asset replacement planning.
• Produce high‑quality monthly capital reports, investigate variances and ensure corrective action is taken promptly.
• Lead on implementation and compliance of capital policy within the group.

Financial Accounting and Reporting

• Lead the production of monthly and year‑end accounts for the Subsidiary, ensuring full compliance with the UK GAAP and IFRS.
• Oversee the production of statutory accounts and working papers for the subsidiary company under UK GAAP, managing all audit interactions to achieve timely sign‑off.
• Work closely with subsidiary Boards to develop business plans, financial forecasts and commercial opportunities that align with the Trust’s strategic goals.
• Lead implementation of the Group’s transfer pricing/charging policy.

VAT, Tax and Technical Financial Leadership

• Act as the Trust’s VAT lead, maximising VAT recovery, providing expert VAT advice and ensuring annual PESM/Business Activities claims are accurate and compliant.
• Manage contracts and relationships with external VAT advisors.

About the Trust

Hampshire Hospitals NHS Foundation Trust serves a population of approximately 570,000 people across Hampshire and parts of West Berkshire with turnover of nearly £700 m. Our hospital sites are in Basingstoke, Winchester and Andover. Our vision is to provide outstanding care for every patient.

Benefits

Working for HHFT offers a rewarding career, nationally agreed terms and conditions and a range of additional benefits as part of our reward package.

Working Environment

You would be joining a vibrant and enthusiastic Financial Accounts team at a challenging and interesting time with financial recovery and sustainability as a priority. Alongside the wider Finance department our teams are based at the Basingstoke site but currently benefit from hybrid working arrangements.

Further information about the Trust and this role can be found on the Job Description and Person Specification document attached.

Application Deadline

This advert closes on Monday 9 Feb 2026.