Job vacancy: Finance Manager - R&D, The Newcastle upon Tyne Hospitals NHS Foundation Trust, 317 Regent Point

Job summary

Main area: 317 Finance R&D
Grade: Band 8a
Contract: Permanent
Hours: Full time - 37.5 hours per week
Job ref: 317-2025-35-021

Employer: The Newcastle upon Tyne Hospitals NHS Foundation Trust
Employer type: NHS
Site: Regent Point
Town: 317 Regent Point
Salary: £55,690 - £62,682 per annum
Salary period: Yearly
Closing: 14/09/2025 23:59
Interview date: 25/09/2025

Finance Manager - R&D

Band 8a

Newcastle Hospitals NHS Foundation Trust is one of the busiest and largest NHS foundation trusts in the country, with around 15,000 staff and an annual budget of £1.6 billion.

We have a long history of providing high quality care, clinical excellence, and innovation in medical research regionally, nationally and internationally.

We’re in the top five providers of specialised health services in the country, supporting people with a range of rare and complex medical, surgical and neurological conditions, cancers and genetic orders.

Our staff oversee around 6,500 patient contacts each day, delivering high standards of healthcare.

We are committed to promoting equality and diversity and recognise the benefit in providing an inclusive environment. We value and respect the diversity of our employees and aim to recruit a workforce which reflects the communities we serve, and is equipped to deliver the best service to our patients. We welcome all applications irrespective of people’s race, disability, sex, sexual orientation, religion or belief, age, gender identity, marriage and civil partnership, pregnancy and maternity and in particular those from under- represented groups.

Newcastle Hospitals are proud to be one of the exemplar organisations across the NHS on sustainability, with a long history of delivering Sustainable Healthcare in Newcastle (Shine) and the first healthcare organisation in the world to declare a climate emergency. Our strategy includes commitments to being Net Zero by 2030, for our direct carbon footprint, and Net Zero by 2040 for our footprint plus. Delivering these ambitions will not be possible without the help, support and action of every single member of our team.

Detailed job description and main responsibilities

The 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 Trust’s financial plan.
Ensure that financial controls are maintained within Corporate Governance guidelines.

Person specification

Qualifications & Education

Essential criteria

Professional Accountancy qualification
Significant post qualification experience (master’s level equivalent) in the finance department of a complex organisation

Knowledge & Experience

Essential criteria

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 criteria

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 & Abilities

Essential criteria

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

Important note on completion of reference section of Application Form

All references from current and previous employers will be sought and must cover a minimum of 3 years employment. Therefore, when completing the reference section of your application form, please give the address, telephone number and work email address of each of your current/previous line managers that cover 3 years employment. Failure to complete this section may result in your application not being processed.

Please note it is a requirement of The Newcastle upon Tyne Hospitals NHS Foundation Trust that all successful candidates who require a DBS for the post they have been offered pay for their DBS certificate. The method of payment is a salary deduction from your first month’s pay.

Candidates who are shortlisted for interview will be contacted by e-mail. You should check your SPAM folders as well as your inbox. If you have not been contacted within 4 weeks of the closing date you should assume your application has been unsuccessful.