Finance Manager - Capital

About Our Organisation

Are you looking for a role where your expertise in capital finance genuinely shapes the future of patient care? Do you want to join a supportive, forward‑thinking finance team that invests in its people and celebrates success? If so, we would love to hear from you.

Why Join Us?

You will be part of a friendly, collaborative, and high‑performing finance team that has proudly achieved OneNHS Finance Level 2 Accreditation — national recognition of our commitment to staff development, innovation, and continuous improvement. We work hard, support each other, and celebrate our achievements together.

The Princess Alexandra Hospital NHS Trust (PAHT) is proud to care for the communities of West Essex, delivering safe, compassionate, and high-quality services. We are part of the Neighbourhood Wave—a national programme that’s changing how care is delivered by focusing on prevention, early support, and more joined-up services across health, social care, and the voluntary sector.

This means we’re working more closely with local partners to bring care closer to home and support people to live healthier, more independent lives.

We’re a supportive and inclusive organisation that values its people. We offer development opportunities, flexible working, and a strong focus on wellbeing. As a Disability Confident and equal opportunities employer, we welcome applicants from all backgrounds and experiences.

Join us and help shape the future of care in West Essex.

Job Overview

We are seeking an experienced and motivated Finance Manager – Capital to lead the Trust’s capital accounting, capital reporting and fixed asset functions. This is a key role within the Financial Services team, supporting the delivery of major capital programmes, including the New Hospital development.

This is a fantastic opportunity for someone who enjoys combining technical capital expertise with strong business partnering and leadership skills.

Main Duties of the Job

• Lead monthly capital reporting and ensure accurate delivery of the Trust’s Capital Resource Limit
• Maintain the fixed asset and lease registers, ensuring compliance with NHS accounting standards.
• Provide expert financial advice to project managers, clinicians, and senior leaders.
• Support the development of capital business cases and long‑term capital planning.
• Line‑manage and develop the Assistant Financial Accountant
• Play a central role in the production of statutory accounts and audit processes.

Detailed Job Description and Main Responsibilities

Capital Reporting

• Lead the production of monthly capital performance reports, including scheme-level analysis, variance investigation and corrective action planning.
• Coordinate and validate monthly capital expenditure and year-end forecasts.
• Ensure all capital reporting (internal and external) is accurate, timely, and complaint with NHSE and regulatory requirements.
• Actively manage delivery of the Trust’s Capital Resource Limit (CRL), identifying risks and leading mitigation plans.
• Support the annual accounts process, preparing schedules, working papers, and audit evidence.
• Liaise with internal and external auditors to resolve capital-related queries.
• Prepare capital elements of statutory accounts, ensuring compliance with the NHS Manual of Accounts.
• Provide financial reports to ICT, Estates and other schemes.

Fixed Asset and Lease Management

• Maintain and reconcile the Trust’s Capital Asset Register, ensuring accurate recording of additions. Disposals, depreciation, impairments and revaluations.
• Manage the Trust’s lease register and ensure correct accounting treatment in line with IFRS and NHS guidance.
• Produce annual capital charge forecasts and year-end asset valuations.
• Lead the modernisation and ongoing development of asset recording systems.
• Coordinate periodic asset verification with Asset Managers and follow up outstanding issues.
• Liaise with District Valuer and external VAT advisors on asset valuations and VAT treatment.
• Ensure compliance with HMRC Construction Industry Scheme for capital payments.

Business Partnering and Capital Programme Support

• Act as a Finance business partner for all Capital projects – attending meetings and providing expert financial advice.
• Support the development, review, and financial evaluation of capital business cases, ensuring all I&E impacts are understood and documented.
• Track progress of capital and revenue business cases, highlighting risks to delivery.
• Support the Capital Working Group, including governance, reporting, and administrative arrangements.
• Contribute to the Trust’s annual capital plan and maintain a rolling five-year capital and equipment replacement programme.
• Provide financial support to the New Hospital Programme, including modelling and capital planning.

Leadership and People Management

• Line-manage the Assistant Financial Accountant, including objective setting, appraisals, training and development.
• Provide leadership to the capital finance function, promoting best practice and continuous improvement.
• Deliver training and education on capital finance to non-finance staff.
• Provide cover for the Deputy Head of Financial Services when required.

Governance, Systems and Continuous Improvement

• Ensure capital accounting policies and procedures are implemented, maintained, and regularly reviewed.
• Support the development and optimisation of capital accounting systems and processes.
• Maintain strong working relationships across finance, operational teams and external partners including ICB’s.
• Communicate complex and sensitive financial information clearly and confidently to varied audiences.