Finance Manager - Financial Liabilities
| Posting date: | 28 May 2025 |
|---|---|
| Salary: | £53,755 to £60,504 per year |
| Additional salary information: | £53755 - £60504 a year |
| Hours: | Full time |
| Closing date: | 18 June 2025 |
| Location: | Leeds, LS1 4AP |
| Company: | NHS Jobs |
| Job type: | Permanent |
| Job reference: | M9912-25-0029 |
Summary
The opportunity We are seeking an exceptional candidate to deliver high-quality reporting, forecasting and analysis for NHS Resolutions indemnity schemes. Ideally you will possess strong finance and commercial experience. NHS Resolution provides indemnity arrangements for NHS secondary and general practice provision, several arms-length bodies, and a number of independent sector providers of health care. The eleven schemes, governed by Regulations, provide indemnity cover for both clinical and non-clinical negligence. You will be responsible for delivering high-quality financial planning and analysis to support reserving for NHS Resolutions indemnity schemes. You will also support the development and implementation of financial policies and processes to ensure effective financial management and governance. What youll be doing: Managing the valuation of the indemnity scheme provisions, which are unique and central to NHS Resolution. This includes handling, modelling, and analysing complex data sets, working with actuarial advisers (including Government Actuarys Department - GAD) and other experts, and reporting the best estimate of the scheme liabilities. Managing and coordinating month end and year end activities and supporting projects Developing forecasts, full year outturns, and carrying out ad hoc analysis to understand variances, trends, and risks, and to support decision making Supporting production of NHS Resolutions Annual Report and Accounts (ARA) and the external audit Supporting reserving cycle activities and ownership of actions from formal working groups What youll bring: Qualified (ACCA/CIMA/ACA) accountant with proven finance experience. Excellent planning and organisational skills and be used to delivering both accurately and to timelines, in a complex and fast paced environment. Highly numerate with excellent analytical skills and an ability to manage and analyse large and complex data sets. Have developed complex forecasting and analytical models, including and scenario modelling Excellent IT skills including advanced Excel skills Experience in producing clear and understandable financial information, reports, and analysis Experience of dealing with internal and external auditors Committed to own professional development and expanding personal knowledge of commercial indemnity environments In return you will be working within an ambitious and hardworking team and help shape the future work and focus for them within this unique organisation. At NHS Resolution (NHSR), we pride ourselves on recruiting talented individuals from a wide array of professional backgrounds. While many of our team members come from the NHS, we also welcome expertise from insurance companies, legal firms, technology sectors, and everything in between. Our commitment to diversity means we value the unique perspectives and experiences that individuals from all walks of life bring to our organisation. By fostering an inclusive environment, we ensure that our team reflects the rich diversity of the communities we serve. Who we are We are NHS Resolution, an arms length body operating under the Department of Health and Social Care. At our core, we specialise in claims management, dispute resolution, and knowledge sharing within the NHS. Our purpose is to provide expertise to the NHS to resolve concerns fairly, share learning for improvement and preserve resources for patient care. Please see our careers site for further details about us For more detailed information on our indemnity schemes please see our Annual report and Accounts. Details of the accounting for out provisions for Indemnity Scheme liabilities can be found in Note 7 to of our accounts starting on page 144. NHS Resolution - Annual report and accounts 2023/24 Additional information Closing date: Sunday 15th June, 2025 This role is currently a hybrid role with up to two days a week to be based in our Leeds office and some travel to our London office to attend team events and meetings. Please see the job description and person specification for further details To apply please provide us with a covering letter explaining exactly what you will bring to this role and how you meet the essential criteria in terms of your background, experience and career achievements to date. As well as your CV listing detailed work history and job responsibilities. We recognise some candidates may wish to use AI to support their application. We do not prohibit such use but please clearly indicate in your application where you have used AI We reserve the right to close the advertisement early, should we receive sufficient applications. You must have the right to live and work in the UK. If you require a Visa, NHS Resolution is currently unable to support sponsorship requests.