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Job summary

Main area
Finance
Grade
Band 8a
Contract
Permanent
Hours
Full time - 37.5 hours per week
Job ref
310-MCORP-7589493
Employer
Cambridgeshire and Peterborough NHS Foundation Trust
Employer type
NHS
Site
Kingfisher House
Town
Huntingdon
Salary
£55,690 - £62,682 per annum pro rata
Salary period
Yearly
Closing
10/12/2025 23:59

Employer heading

Cambridgeshire and Peterborough NHS Foundation Trust logo

Cost and Income Accountant

Band 8a

Job overview

The overarching aim of this post is to be a role model effectively act as the Trust’s financial lead responsible for providing proactive and interventional financial leadership to the Commissioning, Contracting, Costing, Information/performance management and Business Development teams, in respect of income and service line reporting.

The role will be an integral part of the Finance Team providing support to the Assistant Director of Finance and provide a reliable and responsive financial management service to ensure the provision of high-quality financial advice and information to Service Managers, Senior Managers and other stakeholders.

The Cost and Income Accountant is responsible for the successful financial monitoring of all Private Patients and Overseas Visitor income and activity including continual development and improvement of financial management practices in these income streams.

The role will also include line management and development of staff.

Main duties of the job

Manage the relationship with the Lead Commissioner at a technical financial level and provide cover for the Assistant Director of Finance in this relationship at Operational level.

Responsible for negotiations and responses to contractual challenges from Commissioners, and proactive in making changes to improve this process. Ensure that the Trust is compliant with the terms of the contract and where not help quantify the potential risks and liabilities.

Production, review and update of contract finance schedules for specified contracts, ensuring inclusion of all contract variations and contract changes.

As part of the month end process provide variance analysis and identify areas for investigation. Support the Financial Management teams to identify the financial consequences of changes on the Trust's Income and Expenditure budgets.

Support the development, implementation and operation of Service             Line Reporting (SLR) across the wider organisation to produce            accurate, timely and reliable management information to facilitate            Service Line Management and drive forward service improvements          and efficiencies.  This will include overseeing the national cost collection return.

Working for our organisation

Cambridgeshire and Peterborough NHS Foundation Trust is a health and social care organisation dedicated to providing high-quality care with compassion to improve the health and wellbeing of the people we care for, as well as supporting and empowering them to lead a fulfilling life.

Our clinical teams deliver many NHS services, not only via inpatient and primary care settings, but also within the community. These services include children's, adult and older people's mental health, forensic and specialist mental health, learning disabilities, primary care and liaison psychiatry, substance misuse, social care, research and development.

To achieve our goal, we look to recruit high-calibre candidates who share our vision and values. As an equal opportunities employer, we encourage applications from all sectors of the community, particularly from under-represented groups including people with long term conditions and members of our ethnic minority and LGBTQ+ communities.

Please be advised we reserve the right to close adverts earlier than the closing date should we receive sufficient applications.

Regrettably, we cannot offer sponsorship for all our job roles. If you apply for a role that we cannot offer sponsorship for, unfortunately, your application form will be rejected from the process. 

Detailed job description and main responsibilities

Please review the attached Job Description and Person Specification for more details for this opportunity.

Manage the relationship with the Lead Commissioner at a technical financial level and provide cover for the Assistant Director of Finance in this relationship at Operational level.

Responsible for negotiations and responses to contractual challenges from Commissioners, and proactive in making changes to improve this process.

Ensure that the Trust is compliant with the terms of the contract and where not help quantify the potential risks and liabilities.

Production, review and update of contract finance schedules for specified contracts, ensuring inclusion of all contract variations and contract changes.

Finance representation at specific contract negotiation meetings and subsequent contract performance monitoring meetings, leading on presentation of financial information and responsibility for resolution of financial queries.

Overall responsibility for maintaining a central finance record for all sales and purchase agreements in collaboration with the Commissioning, Contracting and Business Development team, and acting as a focal point for all associated contact from the team. 

Person specification

Knowledge & Skills

Essential criteria
  • Excellent communication skills including presentation and summary of complex data into meaningful information for non-finance managers and colleagues.
  • Strong IT skills including Word, Excel and financial systems.
  • Excellent skills in analysing, interpreting, and using highly complex data in order to draw conclusions.
  • Ability to use judgement to compare and evaluate options, and recommend actions based on those evaluations.
  • Effective critical thinking skills, especially for new issues where no precedent to follow.
  • Ability to set clear and concise objectives, prioritise and monitor progress and take appropriate action to achieve outcomes by required deadlines.
Desirable criteria
  • Leadership qualities
  • The ability to negotiate effectively with a wide range of people and professionals up to Board Level, both internally and externally

Education/Qualifications

Essential criteria
  • CCAB qualification
  • Evidence of compliance with institute CPD requirements

Experience

Essential criteria
  • Experience of working in an NHS or similar organisation to understand clinical processes.
  • Substantial financial management experience at a Senior Level.
  • Experience of producing management reporting and the monitoring of financial resources
  • Demonstrate experience or be able to apply the concepts and techniques for these areas: Service Costing, Production of business cases, Budgeting and financial planning, Costing and pricing, Variance analysis and financial reporting.
  • Demonstrable experience of the staff management and developing and direction of a Team
  • Experience of leading projects
Desirable criteria
  • 3 years post qualification financial management experience
  • Knowledge of Service Line Reporting tools and systems
  • Production of National Cost Collection return.
  • Experience in contract negotiations.
  • Experience of using Oracle.
  • Experience of using Synergy 4

Personal Qualities

Essential criteria
  • Proactive
  • Self-aware
  • Has a realistic knowledge of personal strengths and areas for development
  • Flexible and adaptable
  • Problem-solver
  • Autonomous

Employer certification / accreditation badges

NHS Pastoral Care Quality AwardNHS Employers Diversity and Inclusion PartnersVeteran AwareApprenticeships logoNo smoking policyAge positiveDisability confident leaderInvestors in PeopleDefence Employer Recognition Scheme (ERS) - BronzeImproving working livesMindful employer.  Being positive about mental health.We offer Wagestream - A financial wellbeing benefit which lets you access your pay as you earn it.NHS Rainbow badgePrince's Trust - Proud to support the Prince's trust - Youth can do itStep into healthMenopause Workplace PledgeArmed Forces Covenant

Applicant requirements

You must have appropriate UK professional registration.

Documents to download

Apply online now

Further details / informal visits contact

Name
Tendai Mnangagwa
Job title
Assistant Director of Finance
Email address
[email protected]
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