Head of programme finance - Oriel
| Posting date: | 08 December 2025 |
|---|---|
| Salary: | £99,808.00 to £113,803.00 per year |
| Additional salary information: | £99808.00 - £113803.00 a year |
| Hours: | Full time |
| Closing date: | 21 December 2025 |
| Location: | London, EC1V 2NX |
| Company: | NHS Jobs |
| Job type: | Contract |
| Job reference: | C9273-25-0370 |
Summary
General financial management programme finances for joint venture, UCL and Moorfields Financial reporting, forecasting, budgeting to be accountable for delivering timely and accurate financial information in relation to incurred cost, forecast cost and budgets to the project committees and senior managers. Financial management, administration, and controls responsible for ensuring appropriate financial decision making and administration of those decisions, managed through an appropriate control environment. Responsible for advising on the financial elements of the change control process a) understand governance and ensure financial approval are as required b) ensure calculations of apportionments are applied correctly (with cost consultant support where appropriate) Oversight of billing between Moorfields and UCL, and joint venture to Moorfields/UCL Monitoring of contingency utilising advice from the projects cost consultants and other professional advisors as well as wider budget monitoring and change control processes, responsible for reporting on contingency levels and their forecast use. Responsible for working with professional advisors to ensure that risk is appropriately reflected in the assessment of required contingency. Understanding and advising on the procedure for allocating budget and costs between the joint venture, Moorfields and UCL, and ensuring this is appropriately reflected in financial reporting. Provision of financial reports to the project committees including Oriel Executive Board, Moorfields management executive and UCL Oriel Project Board, and oversight of financial information provided in other reports to these committees. Attendance at the Oriel Executive Board. This role will have delegated authority to approve Moorfields expenditure relating to the project Joint Venture specific financial management Cash flows / Treasury management responsible for managing the cash flows between Moorfields/UCL and the joint venture to ensure the joint venture is appropriately funded for required payments out Technical accounting:o ensure external accountants in place and providing accounts on time for Moorfields year end and then rolled forward information for UCL year endo understand how the accounting works between Moorfields and UCL to be able to identify issues to either one (supported by accounting advisors) Ensure financial systems and controls are functioning appropriately, and segregation of duties is effective. Tax ensure advice for both Moorfields and UCL tax advice is being complied with in the financial management of the JDV (with support from client tax advisors) Provision of financial reports to the Joint Venture Board, and oversight of financial information provided in other reports. Attendance at the Joint Venture Board. This role is a signatory to the joint venture bank account Monitoring of business case and approvals from higher bodies For Moorfields: Responsible for working with NHS regulators on finances monthly reporting, and obtaining budget approvals as required Responsible for producing CDEL analysis of forecast (with support from accounting advisors were appropriate given technical aspects of the joint ventures implications on CDEL) Responsible for reviewing Trusts plans against the FBC model to identify variances and to escalate (in conjunction with Moorfields finance team) Responsible for monitoring finances of the benefits realisation programme For UCL: Responsible for supporting variance analysis against approved business case where required Responsible for delivering any additional ad hoc financial reporting for UCL Estates committee, Council or other key governance groups. Key relationships Moorfields Chief Financial Officer and UCL Oriel Finance lead key reporting line Moorfields and UCL Senior Responsible Officer dotted reporting line, key decision makers Moorfields and UCL project directors day to day working relationship as the key roles driving the cost of the project through design and construction; and Oriel project team.