Finance Manager at DMC Healthcare | GB | Rezi

Finance Manager at DMC Healthcare

Finance Manager

DMC Healthcare · GB

Today

Finance Manager

DMC Healthcare · GB

12 hours ago
Resume preview

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

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, forecasts, and contract assumptions.
  • Maintain robust 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.
  • Work with senior managers to ensure DMC operates within the agreed governance framework.
  • Lead the annual budget-setting process, working with operational and clinical leads to ensure realistic and evidence-based budgets.
  • Prepare rolling forecasts and reforecasts, highlighting financial risks, income assumptions, and cost pressures.
  • Support the development of financial plans for NHS contracts, new services, and service redesign.
  • Work with managers to understand activity, workforce, estates, clinical supplies, subcontractor costs, and overhead assumptions.
  • Provide financial input into business cases, tenders, pricing models, investment proposals, and service development plans.
  • Identify opportunities for cost improvement, productivity gains, income protection, and better resource utilization.
  • Prepare and maintain short-term and medium-term cash flow forecasts.
  • Monitor cash balances, expected receipts, supplier payments, payroll commitments, VAT, tax, and other key working capital movements.
  • Work with the finance team to ensure timely invoicing, credit control, debt management, and resolution of payment queries.
  • Support the management of aged debt, accrued income, deferred income, and contract income recognition.
  • Ensure payment runs are appropriately controlled, authorised, and aligned with cash flow requirements.
  • Escalate cash flow risks promptly to senior finance leadership.
  • Support financial management of NHS contracts, including community services, elective care, diagnostics, insourcing, and outsourcing.
  • Assist with contract finance schedules, activity-based income reporting, contract reconciliations, and commissioner queries.
  • Work with operational teams to understand service activity, performance metrics, and the financial impact of performance.
  • Support financial reporting to NHS commissioners, Trust partners, Integrated Care Boards, and other healthcare partners.
  • Contribute to pricing, costing, and profitability reviews for NHS and healthcare contracts.
  • Ensure financial information supports contract compliance, service performance monitoring, and commercial decision-making.
  • Act as a finance business partner to service managers, operational leads, and senior managers.
  • Provide advice and challenge to budget holders on financial performance, expenditure controls, staffing costs, contract profitability, and resource allocation.
  • Meet regularly with budget holders to review financial performance, explain variances, agree corrective actions, and support informed decision-making.
  • Translate financial information into clear, practical insights for non-finance colleagues.
  • Promote financial awareness and accountability across the organisation.
  • Provide training and guidance to managers on budgets, forecasts, financial processes, purchase ordering, invoicing, and financial controls.
  • Manage, support, and develop a small finance team, ensuring clear objectives, regular supervision, and appropriate training.
  • Oversee day-to-day finance operations, including purchase ledger, sales ledger, reconciliations, credit control, payment processing, and financial administration.
  • Allocate work effectively across the team and ensure deadlines are met.
  • Review work prepared by junior finance staff, providing feedback and technical guidance.
  • Support a culture of continuous improvement, collaboration, accountability, and customer service within the finance function.
  • Maintain and improve financial controls, policies, and procedures across DMC Healthcare.
  • Ensure compliance with internal authorisation limits, procurement processes, payment controls, and financial governance requirements.
  • Support audit preparation and respond to audit queries, including statutory audit, internal audit, commissioner reviews, and due diligence exercises.
  • Maintain accurate records and ensure appropriate evidence is retained for financial transactions, contract income, expenditure, and reconciliations.
  • Support the Finance Director / Head of Finance in managing financial risk, fraud prevention, and control improvements.
  • Ensure finance processes comply with relevant accounting standards, tax requirements, data protection obligations, and company policies.
  • Use finance systems effectively to produce accurate reporting and improve efficiency.
  • Develop and maintain reporting templates, dashboards, reconciliations, and analysis tools.
  • Identify opportunities to streamline month-end, budgeting, invoicing, purchase-to-pay, and reporting processes.
  • Work with operational teams to improve data quality, activity reporting, and the link between operational performance and financial results.
  • Support implementation or improvement of finance systems, reporting tools, and digital processes.
  • Comply with DMC Healthcare policies and procedures, including those relating to confidentiality, information governance, safeguarding, equality and diversity, health and safety, and financial governance.
  • Maintain a strong understanding of DMC Healthcare’s NHS service delivery model and the financial requirements of operating as an independent healthcare provider.
  • Work flexibly to meet the needs of the organisation, including supporting ad hoc projects, tenders, contract reviews, audits, and senior management requests.
  • Promote DMC Healthcare’s values and contribute to the delivery of safe, effective, high-quality patient services.

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

  • Technical accounting skills
  • Commercial awareness
  • NHS-sector understanding
  • Financial decision-making
  • Analytical skills
  • Attention to detail
  • Communication skills
  • Excel proficiency
  • Finance systems proficiency
  • Reconciliation skills
  • Financial reporting skills
  • Process improvement
  • Internal controls
  • Team management
  • Leadership

Location

  • Head Office - London, SE15

Work Type

  • Full Time

Experience Level

  • Significant relevant experience

Education Level

  • Degree level
  • Part-qualified or fully qualified accountant
  • Relevant accounting qualification (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 delivers NHS community services and outsourced/insourced secondary care contracts.
  • Operates as an independent healthcare provider.