The NHS is not one big organisation but rather a number of separate organisations which try to work together to deliver care to the population. We also know that health is influenced by lots of factors outside of the control of the NHS and so we also try to work alongside local councils, social services and the voluntary sector to make good decisions for local people. That means a role in NHS finance can take you from your local hospital, into commissioning via a Integrated Care Board (ICB) or into a regional or national role as part of NHS England or as part of one of the organisations that support specific parts of the NHS like the National Institute of Health and Care Excellence (NICE) or the NHS Pensions Agency.
NHS finance staff make sure that our budgets are spent wisely and for the benefit of our patients. Finance Staff in the NHS tend to work in four main areas:
- Financial Services – where they manage the cash and make the payments to Suppliers
- Financial Accounts – where they ensure that everything is accounted for correctly
- Management Accounts – who work with other NHS departments providing financial advice and guidance to them.
- Procurement & Supplies – where they manage the sourcing, delivery and supply of healthcare products and equipment to end-user departments.
Finance staff in the NHS will usually work towards a finance related qualification. Of course being an qualified accountant isn’t for everyone and you can stop at different levels. Paid between Band 2 – 6 (up to £39k).
Being a fully qualified accountant means you can work in a range of fields, you can move between the different fields. Paid between Band 7 – 9 (c£39k – £100k)