About the Role
The Finance Manager will provide comprehensive financial management services to DMC Healthcare, supporting the organization's delivery of NHS community services and outsourced/insourced secondary care contracts. This hands-on role requires strong technical accounting skills, commercial awareness, NHS-sector understanding, and the ability to support operational managers with financial decision-making.
Responsibilities
- Prepare accurate and timely monthly management accounts, including income and expenditure reports, balance sheet reconciliations, cash flow analysis, and variance commentary.
- Produce clear financial reports for senior management, service leads, budget holders, and the Board.
- Monitor financial performance across various healthcare contracts, identifying risks, trends, and opportunities for improvement.
- Provide meaningful variance analysis, explaining differences between actuals, budgets, and forecasts.
- Maintain financial reporting timetables and ensure deadlines are met for internal, commissioner, and external reporting.
- Support month-end and year-end close processes, ensuring accurate completion of journals, accruals, prepayments, and income recognition.
- Lead the annual budget-setting process for relevant departments, services, and contracts.
- Prepare rolling forecasts and reforecasts, highlighting financial risks and expected performance.
- Support the development of financial plans for NHS contracts, new services, and service redesign.
- Prepare and maintain short-term and medium-term cash flow forecasts.
- Monitor cash balances, expected receipts, supplier payments, and other key working capital movements.
- Work with the finance team to ensure timely invoicing, credit control, and debt management.
- Support financial management of NHS contracts, including community services and elective care.
- Assist with contract finance schedules, activity-based income reporting, and contract reconciliations.
- Act as a finance business partner to service managers, operational leads, and senior managers.
- Provide advice and challenge to budget holders on financial performance and expenditure controls.
- Translate financial information into clear insights for non-finance colleagues.
- Manage, support, and develop a small finance team, ensuring clear objectives and high standards.
- Oversee day-to-day finance operations, including purchase ledger, sales ledger, and payment processing.
- Maintain and improve financial controls, policies, and procedures across DMC Healthcare.
- Ensure compliance with internal authorisation limits, procurement processes, and financial governance requirements.
- Support audit preparation and respond to audit queries.
- Use finance systems effectively to produce accurate reporting and improve efficiency.
- Develop and maintain reporting templates, dashboards, and analysis tools.
- Identify opportunities to streamline finance processes.
- Comply with DMC Healthcare policies and procedures.
- Maintain a strong understanding of DMC Healthcare’s NHS service delivery model.
- Work flexibly to meet the needs of the organisation, including supporting ad hoc projects.
Requirements
- Educated to degree level.
- Part-qualified or fully qualified accountant or qualified by significant relevant experience.
- Relevant accounting qualification or active study towards ACCA, CIMA, ACA, CIPFA, or equivalent.
- Strong general education, including numeracy and literacy.
- Experience preparing monthly management accounts, budgets, forecasts, and variance analysis.
- Experience managing cash flow, working capital, invoicing, credit control, or payment processes.
- Experience supporting budget holders and explaining financial information to non-finance colleagues.
- Experience managing or supervising finance staff.
- Strong experience with Excel, finance systems, reconciliations, and financial reporting.
- Experience working to month-end and year-end deadlines.
- Experience improving finance processes and internal controls.
- Fully qualified accountant (desirable).
- Evidence of continuing professional development (desirable).
- Experience of NHS finance, healthcare finance, commissioner reporting, or contract finance (desirable).
- Experience in the NHS, independent healthcare sector, community services, diagnostics, outpatient services, or insourced/outsourced clinical services (desirable).
- Experience of NHS contracts, commissioner reporting, activity-based income, or healthcare service costing (desirable).
- Experience supporting tenders, business cases, mobilisation of new services, or contract profitability reviews (desirable).
- Experience working in a multi-site or fast-moving healthcare environment (desirable).
Skills
- Strong technical accounting skills
- Commercial awareness
- NHS-sector understanding
- Financial management
- Budget setting
- Monthly management accounts preparation
- Cash flow management
- Financial reporting
- Forecasting
- Variance analysis
- Financial decision-making
- Strong analytical skills
- Attention to detail
- Risk identification
- Problem-solving
- Communication
- Teamwork
- Organisational skills
- Excel proficiency
- Finance systems proficiency
- Reconciliation skills
- Integrity
- Discretion
- Professionalism
Location
- Head Office - London, SE15
Work Type
- Full Time
Experience Level
- Part-qualified or fully qualified accountant or qualified by significant relevant experience
- Experience preparing monthly management accounts, budgets, forecasts, and variance analysis
- Experience managing cash flow, working capital, invoicing, credit control, or payment processes
- Experience supporting budget holders and explaining financial information to non-finance colleagues
- Experience managing or supervising finance staff
- Experience working to month-end and year-end deadlines
- Experience improving finance processes and internal controls
- Experience of NHS finance, healthcare finance, commissioner reporting, or contract finance (desirable)
- Experience in the NHS, independent healthcare sector, community services, diagnostics, outpatient services, or insourced/outsourced clinical services (desirable)
- Experience of NHS contracts, commissioner reporting, activity-based income, or healthcare service costing (desirable)
- Experience supporting tenders, business cases, mobilisation of new services, or contract profitability reviews (desirable)
- Experience working in a multi-site or fast-moving healthcare environment (desirable)
Education Level
- Degree level
- Relevant accounting qualification or active study towards ACCA, CIMA, ACA, CIPFA, or equivalent
Benefits
- 25 days of annual leave, in addition to bank holidays (increasing with length of service)
- Access to NHS Discount Scheme
- A collaborative and inclusive team culture across clinical and technical functions
About the Company
- DMC Healthcare supports the organisation’s delivery of NHS community services and outsourced/insourced secondary care contracts.
