Costing, Currency and Financial Transformation Lead
| Company: | NHS Jobs |
|---|---|
| Salary: | £41.54 |
| Hours: | Full-time |
| Location: | Leatherhead, KT22 7AD |
| Job type: | Contract |
| Posting date: | 3 Aug 2026 |
| Closing date: | 10 Aug 2026 |
Summary
Key Responsibilities Costing, Value and Service Line Reporting (SLR) Lead the development and maintenance of the programmes unit-cost library and currency-costing models, drawing on PLICS, the National Cost Collection and existing Finance processes. Lead the management and development of local pricing strategies that support the clinical and financial sustainability of services. Develop a routine approach to benchmarking the Trust's service costs and productivity data to identify and drive internal value opportunities. Use costing information to support long-term financial sustainability across all services and contracts. Oversee the continuous development of costing information to support PLICS implementation and the link to the national costing and payment system, linking into relevant regional and national networks. Enhance the dissemination and understanding of key productivity and costing information and support the requirement to embed this within existing financial reporting. Advise the Board and its sub-committees on known or proposed changes to NHS national costing guidance, highlighting risks and recommending mitigating action as appropriate. Currency Development and Readiness Lead the Trust's preparation for emerging NHS currency and payment models, ensuring organisational readiness for future national policy changes. Develop robust activity and costing information to support the design, testing and implementation of new currencies. Work with commissioners, ICS partners and regional networks to interpret and respond to developments in mental health currencies and payment approaches. Ensure the Trust understands the financial implications, risks and opportunities associated with changes to national payment mechanisms. Advise executive leaders on the strategic impact of changes to currency design and reimbursement models. Finance Systems Work with the Finance Team and Digital Team to maximise the Trust's use of core systems (e.g. clinical activity, outsourced data, finance and HR systems) in support of costing. Work with Business Intelligence (BI) to develop dashboards illustrating the relationship between activity, cost, income, service contribution, and net operating position. Service Development Support the Trust's Strategy by contributing to initiatives that build financial awareness, costing knowledge, and SLR capability. Support the Trust's contribution to national costing methodology and services by engaging with external groups and contributing to policy development. Support the ongoing training and development of the Finance and SITI teams, ensuring staff maintain the skills and continuing professional development needed to deliver a high-quality service. Benefits Realisation Support the Trust PMO and SITI Team in developing a financially informed benefits realisation methodology. Ensure that benefits are clearly classified as cash-releasing, cost avoidance, capacity-releasing, income protection or quality improvement, with agreed baselines, assumptions and named operational owners. Undertake complex financial analysis of services and business cases, making recommendations on managing financial risk, achieving best value, and redesigning services where appropriate. Ensure transformation projects are tracked and updated within the Financial Model. Deliver and analyse financial monitoring across the Transformation Programme, providing financial reports and forecasts on programme performance and progress, and highlighting remedial action where required. SITI Liaison and Continuous Improvement Actively promote a culture of continuous improvement at all levels, in line with the Trust's values and objectives, leading by example and supporting staff through education, coaching, mentoring, and training. Provide a comprehensive financial advisory and planning service to the SITI team, supporting their role in driving quality and efficiency improvements across the Trust. Ensure appropriate financial assurance is applied to opportunities and benefits arising from the Integrated Productivity and Currency Readiness Programme.
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