Working Capital Manager

Hampshire Hospitals NHS Foundation Trust; Basingstoke; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A prominent NHS Trust in Basingstoke seeks a Working Capital Manager to oversee financial operations, ensuring timely vendor payments and improving cash flow. The ideal candidate is a finance professional with CCAB qualifications and experience in accounts management. This role offers a hybrid work model combining office and remote work. Join our dedicated Finance team to support our vision of outstanding patient care and financial sustainability.

Qualifications

• Experience in accounts payable or receivable.
• Experience of process improvement and stakeholder engagement.

Responsibilities

• Ensure accuracy of transactions with suppliers.
• Manage outsourced provider for processing payables.
• Provide financial reporting for accurate cash flow forecast.
• Lead effective debt recovery.

Skills

Advanced user of IT including all Microsoft Office packages

Able to explain complex financial information

Confident in making quick and informed decisions

Ability to change priorities

Education

Part qualified member of CCAB body or equivalent experience

Degree or postgraduate qualification in finance

Tools

Oracle

Job description

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Our cultural ambition is to have a culture that places people at the heart of all we do, where we all belong, and where learning, improvement and excellence thrive.

Job overview

Hampshire Hospitals NHS Foundation Trust has a vacancy for the role of Working Capital Manager.

We are looking for a candidate who is keen to develop a career in NHS finance and we will actively support you with this. The successful candidate will work closely alongside Financial Controller in the Trust.

The Working Capital Manager is a pivotal role within the Finance team, responsible for ensuring the Trust's working capital is effectively managed. This includes maximising the recovery of credits from suppliers, ensuring timely payment of supplier invoices, improving creditor days, and leading on debt recovery to support cash flow improvements. The post holder will also contribute to the effective management of accounts payable and receivable, supporting the Trust's financial sustainability and operational efficiency.

Main duties of the job

Reporting to Financial Controller, you will form a key part of the finance leadership team and will provide accurate, timely and strategic oversight and will be responsible for:

• Accuracy of transactions with our suppliers and timely payments
• Management of outsourced provider for processing payables transactions
• Financial Reporting to support accurate cash flow forecast
• Effective Debt recovery

The successful candidate will be a finance professional who is values-led; blends authentic, emotionally intelligent leadership with technical expertise, and has proven ability gained within a large and complex organisational context.

Working for our organisation

Our vision is to provide outstanding care for every patient. Patient care is at the heart of what we do at our three sites: Basingstoke and North Hampshire Hospital, Royal Hampshire County Hospital in Winchester and Andover War Memorial Hospital. Hampshire Hospitals NHS Foundation Trust provides medical and surgical services to a population of approximately 600,000 people across Hampshire and parts of West Berkshire.

You would be joining a vibrant and enthusiastic Finance 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 and are expected at times to travel to one of our other two sites.

The trust employs more than 9,000 staff and has a turnover of over £600 million a year. As a Foundation Trust, we are directly accountable to our members through the governors. The Council of Governors represent the interests of their constituencies and influence the future plans of the Foundation Trust.

Tackling Climate Change

Hampshire Hospitals aims to embed sustainability and net zero carbon principles into the delivery of care across all its services. To find out more, search HHFT Climate Action or [e-mail].

Detailed job description and main responsibilities

Please see the attached Job Description and Person Specification for a detailed view of the role.

The role is hybrid, splitting time between home and the Basingstoke finance office with minimum two days working in the office.

If you would like further information please contact Elvira Patrasco, Associate Director of Financial Services, [e-mail].

Person specification

Training & Qualification

Essential criteria

• Part qualified member of CCAB body or equivalent experience
• Evidence of continuing professional development

Desirable criteria

• Degree or postgraduate qualification in finance, business, or related field.

Experience & Knowledge

Essential criteria

• Experience in accounts payable, accounts receivable, or working capital management.
• Experience of process improvement and stakeholder engagement.

Desirable criteria

• Experience of managing projects.

Skills & Ability

Essential criteria

• Advanced user of IT including all Microsoft office packages
• Able to explain complex financial information to non-financial members of staff
• Confident in making quick and informed decisions
• Ability to change priorities and switch from one complex activity to another

Desirable criteria

• Experience of working with Oracle.

Our commitment to you

We are committed to equality and diversity in both the provision of our services and how we recruit and manage our staff. Applications are encouraged from everyone with the necessary attributes for the job, irrespective of age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage or civil partnership, pregnancy and maternity.

Happy to Talk Flexible Working - all requests for flexible and part time working will be considered.

The paperwork

• HHFT is committed to putting the safety and care of our patients first - as well as helping us to protect you and your colleagues. Therefore, we would recommend that you are vaccinated against COVID-19 and that you understand that we are treating COVID-19 positive patients within our services.
• Shortlisted candidates will be contacted at least 5 working days before the scheduled interview date. Applications will be submitted directly into our preferred third party recruitment system (Trac). All subsequent information regarding your application will be generated from apps.trac.jobs via email - please ensure to check your junk/spam folders.
• All new staff will be subject to a probationary period covering their first six months in post.
• In compliance with Part 7 of the Immigration Act 2016, all applicants must be able to communicate fluently in English to an appropriate standard which will be assessed as part of the selection process.
• This vacancy may close before the current listed closing date. If you intend to apply you are advised not to delay submitting your completed application.
• We believe that using technology wisely reflects strong time management and a commitment to innovation. However, it's essential to personalise your recruitment application to showcase your unique skills and experiences. Over-reliance on generic, AI-generated content may result in rejection if multiple candidates submit applications with similar language or structure. In such cases, recruiting managers may reach out for further clarity where applications appear consistent with others, to better understand your individual strengths.

Tackling Climate Change

Hampshire Hospitals aims to embed sustainability and net zero carbon principles into the delivery of care across all its services. To find out more, search HHFT Climate Action or [e-mail].

Employer certification / accreditation badges

Documents to download

• JD and Person Specification (PDF, 478.0KB)
• HHFT Employee Rewards & Benefits (PDF, 723.8KB)
• Tackling Climate Change at Hampshire Hospitals (PDF, 4.9MB)