Finance Manager - R&D

NHS

  • Newcastle
  • £55,690-62,682 per year
  • Permanent
  • Full-time
  • 3 hours ago
The Region's only Finance team dedicated to Clinical Research in the NHS is recruiting.This is a rare and exciting opportunity for a highly motivated, enthusiastic, and flexible professional to join our team as Research Finance Manager following the retirement of the previous postholder.Newcastle Hospitals has a strong reputation worldwide for leading groundbreaking research in Healthcare with a vast portfolio of studies, we are in the top three commercial research study sites in the country. We manage circa £60 million of Clinical Research funding per annum across a complete spectrum of clinical specialties including research into the use of AI and cell therapy.We are unique in the country having large infrastructure grants for the Biomedical Research Centre, Clinical Research Facility, Patient Safety Research Collaboration, Experimental Cancer Medicines Centre, hosting the Regional Research Delivery Network, as well as having a significant portfolio of NIHR funded research programmes.
  • Interview Date Thursday 25 September 2025
  • 37 Hours 30 Minutes/Week
  • You will be redirected to Trac to apply for the vacancy. Please expand the job details section and read all of the information before applying for the vacancy.
NO AGENCIES PLEASEMain duties of the jobThe successful postholder will support the Assistant Finance Director and Clinical Board Finance Manager in all aspects of Research Finance:
  • Act as the key contact for senior Finance and Research Delivery Management.
  • Develop strong relationships with senior research delivery managers, providing advice and support on all finance aspects including identification of any risk.
  • Optimise utilization of funding between commercial income, non-commercial income and designated grant sources.
  • Oversee Month end and year end reporting for Research Delivery
  • Preparation and submission of forecasts, budgets, and annual returns.
  • Ensure Quarterly and annual reporting on infrastructure grants and research grants is complete, accurate and on time.
  • Identify opportunities to improve processes and reporting, and implementation.
  • Support to Clinical Board Finance Manager for strategic work.
  • Deputising for the Clinical Board Finance Manager and Assistant Finance Director.
  • Lead and manage a team of finance staff.
About usAs a flexible working friendly organisation, we want to be sure that you can work in a way that is best for us and for our patients, and for you. Speak to us about how we might be able to accommodate a flexible working arrangement. If it works for the service, we will do our best to make it work for you.Our staff oversee around 6,500 patient contacts every day, delivering high standards of healthcare from the following sites:o Freeman Hospitalo Royal Victoria Infirmary (RVI)o Health Innovation Neighbourhood (on the former Newcastle General Hospital and Centre for Ageing and Vitality site)o Newcastle Dental Hospitalo Newcastle Fertility Centreo Northern Centre for Cancer Care, North Cumbriao Northern Genetics Serviceo Cramlington Manor WalksThese include a range of flagship services which deliver cutting-edge care (supported by state-of-the-art diagnostic services in both radiology and pathology) and are a catalyst for innovation to support pioneering clinical practice in the NHS.We also have offices at Regent Point in Gosforth and community sites.Please see attached information on what Staff Benefits we have to offer at our Trust under 'Documents to download' or 'Supporting documents'.For further information on The Newcastle upon Tyne Hospitals NHS Foundation Trust please visit: Careers | Newcastle Hospitals | NHS | Newcastle Hospitals and Newcastle Hospitals NHS Foundation TrustDetailsDate posted04 September 2025Pay schemeAgenda for changeBandBand 8aSalary£55,690 to £62,682 a year per annumContractPermanentWorking patternFull-timeReference number317-2025-35-021Job locationsRegent Point317 Regent PointNE3 3HDJob descriptionJob responsibilitiesThe Finance Manager - Research will lead in the provision of high quality financial information to the Assistant Finance Director, Clinical Board Finance Manager, Associate Director of Operations and Clinical Director, for both monthly management purposes and statutory reporting.A knowledge of relevant accounting standards, as well as a comprehensive knowledge of research funding sources and mechanisms is required, and strong interpersonal and influencing skills to ensure utilization is optimized for the benefit of the Trust and its patients.Supported by the Directorate Accountant for Research, you will also have responsibility for the day to day operation of the research delivery finance team of eight people.The role is based at Regent Point in Gosforth, with parking available or easy access to the Regent Centre metro and bus interchange. We offer agile and flexible working to support work-life balance and provide a supportive and inclusive team environment with opportunities to thrive and develop.
  • To deputise for the relevant Assistant Finance Director in aspects of the job.
  • To ensure the provision of a high quality financial management service for all Trust Research and Development income (commercial and non-commercial) and expenditure. Provision of timely and accurate information to facilitate effective monitoring and management of the R&D financial position and to support the decision making process.
  • To provide key input into the development of R&D financial reporting systems, with the aim of improving the quality and efficiency of financial information provided
  • To play a significant role in the formulation of the Trusts financial plan.
  • Ensure that financial controls are maintained within CorporateGovernance guidelines.
Job descriptionJob responsibilitiesThe Finance Manager - Research will lead in the provision of high quality financial information to the Assistant Finance Director, Clinical Board Finance Manager, Associate Director of Operations and Clinical Director, for both monthly management purposes and statutory reporting.A knowledge of relevant accounting standards, as well as a comprehensive knowledge of research funding sources and mechanisms is required, and strong interpersonal and influencing skills to ensure utilization is optimized for the benefit of the Trust and its patients.Supported by the Directorate Accountant for Research, you will also have responsibility for the day to day operation of the research delivery finance team of eight people.The role is based at Regent Point in Gosforth, with parking available or easy access to the Regent Centre metro and bus interchange. We offer agile and flexible working to support work-life balance and provide a supportive and inclusive team environment with opportunities to thrive and develop.
  • To deputise for the relevant Assistant Finance Director in aspects of the job.
  • To ensure the provision of a high quality financial management service for all Trust Research and Development income (commercial and non-commercial) and expenditure. Provision of timely and accurate information to facilitate effective monitoring and management of the R&D financial position and to support the decision making process.
  • To provide key input into the development of R&D financial reporting systems, with the aim of improving the quality and efficiency of financial information provided
  • To play a significant role in the formulation of the Trusts financial plan.
  • Ensure that financial controls are maintained within CorporateGovernance guidelines.
Person SpecificationQualifications & EducationEssential
  • Professional Accountancy qualification
  • Significant post qualification experience (master's level equivalent) in the finance department of a complex organisation
Knowledge & ExperienceEssential
  • In depth specialist and practical knowledge of the NHS and Foundation Trust finance regime
  • A good understanding of the NHS research and development (R&D) funding systems/costing models and the overarching NHS R&D strategy and governance framework
  • Must have staff management/supervisory experience and the ability to plan and organise a range of complex activities and programmes
  • A good working knowledge of financial computer systems
  • Evidence of participation in Continuous Professional Development (CPD)
Desirable
  • Previous NHS Finance experience at a senior level
  • ECDL or equivalent experience
  • An in depth understanding of NHS Research Funding streams and the role of NIHR (National Institute for Health Research)
Skills & AbilitiesEssential
  • Able to work autonomously, interpreting national policy and regulations for the benefit of the Finance Directorate and the Trust
  • Ability to make judgements involving highly complex facts and situations
  • Able to communicate highly complex, sensitive or contentious information to a range of different audiences using a range of different communication methods
  • The ability to communicate effectively and develop good working relationships with Consultants, Senior Managers and other Health Professionals within the Trust and external organisations (e.g. Newcastle University and The National Institute for Health Research)
  • A flexible approach is required to fulfil the duties in an environment with ever changing and/or conflicting priorities
Person SpecificationQualifications & EducationEssential
  • Professional Accountancy qualification
  • Significant post qualification experience (master's level equivalent) in the finance department of a complex organisation
Knowledge & ExperienceEssential
  • In depth specialist and practical knowledge of the NHS and Foundation Trust finance regime
  • A good understanding of the NHS research and development (R&D) funding systems/costing models and the overarching NHS R&D strategy and governance framework
  • Must have staff management/supervisory experience and the ability to plan and organise a range of complex activities and programmes
  • A good working knowledge of financial computer systems
  • Evidence of participation in Continuous Professional Development (CPD)
Desirable
  • Previous NHS Finance experience at a senior level
  • ECDL or equivalent experience
  • An in depth understanding of NHS Research Funding streams and the role of NIHR (National Institute for Health Research)
Skills & AbilitiesEssential
  • Able to work autonomously, interpreting national policy and regulations for the benefit of the Finance Directorate and the Trust
  • Ability to make judgements involving highly complex facts and situations
  • Able to communicate highly complex, sensitive or contentious information to a range of different audiences using a range of different communication methods
  • The ability to communicate effectively and develop good working relationships with Consultants, Senior Managers and other Health Professionals within the Trust and external organisations (e.g. Newcastle University and The National Institute for Health Research)
  • A flexible approach is required to fulfil the duties in an environment with ever changing and/or conflicting priorities

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