By Oliver Benjamin

1.     What is the starting salary range for this role?

Within the NHS, roles are banded. Generally fully fledged finance business partners will start at Band 8A. For inner London this would be around £46,000 or £230 a day on a temporary basis.

There is lots of scope for progression, with Finance Business Partners working up to Band 8c for larger NHS trusts earning up to £74k or £400 per day.

2.     How do you enter this field?

At this level you will need to be a qualified Accountant (CIMA, CIPFA, ACCA, ACA or equivalent).

The general progression route will be starting out working within Management accounts for an NHS organisation and working your way up the bands.

3.     What does a typical day in the office look like?

Finance Business Partners generally manage finances for a clinical division, i.e. Paediatrics, Maternity or Emergency Care and due to the nature of the work will be variable.

A typical day will involve creating reports to present to budget holders within the Hospital, including Doctors and operational staff.

Much of a typical day will be spent in meetings establishing the needs of divisional staff and reporting the financial position.

Due to the difficult financial position of the NHS, an integral part of any role is tracking and monitoring the cost improvement plan- establishing savings and ways of generating income.

4.     What is the most challenging aspect of the job?

Can be very pressured especially during month end & budget setting.

Building relationships with budget holders is key and may not always be easy.

5.     What is the most rewarding aspect of the job?

You can make a real impact on the clinical division that you look after, transforming services as the finance lead.

The budgets that you are dealing with save lives and the numbers that you are dealing with represent real people.

6.     What skills are the most important to perform well in this kind of role?

Communication skills are key, as well as the ability to build relationships with sometimes difficult budget holders.

A strong background in management accounts is also obligatory.

7.     What advice would you give to someone looking to apply for a similar role?

Passion and attitude goes a long way with roles of this nature! Interviewers will be looking for a Finance Business Partner that can deal with their budget holders and clinical staff.

Enthusiasm will get you a long way with these interviews!

Related blogs

Swipe to view more

13th October 2020

Goodman Masson Salary Guides

Read story
12th October 2020

Recruiter insights: Gender diversity.

Read story
12th October 2020

Battling low self confidence at work.

Read story
12th October 2020

A day in the life of a Treasurer.

Read story
12th October 2020

Recruiter insights: Rec Tech.

Read story
12th October 2020

Should men take a pay cut to level the field?

Read story
12th October 2020

Why we finish early on Friday.

Read story
12th October 2020

Rise and shine: The best ways to start your day.

Read story
12th October 2020

A day in the life of an NHS Finance Business Partner.

Read story
12th October 2020

Why we’ve turned our back on formal dress codes.

Read story
12th October 2020

Being ignored at work.

Read story
12th October 2020

The importance of a good nights sleep.

Read story
12th October 2020

Creating trust between colleagues.

Read story
12th October 2020

The rise of insecure overachievers.

Read story
12th October 2020

Panicking over probation periods.

Read story
12th October 2020

Getting involved: Exploring collaborative working.

Read story
12th October 2020

4 ways to start a career in Compliance.

Read story
12th October 2020

A day in the life of a Management Accountant

Read story
12th October 2020

Imposter syndrome.

Read story
12th October 2020

Honesty online.

Read story
12th October 2020

Beating the unemployment blues.

Read story
12th October 2020

Four day weeks and flexible working.

Read story
12th October 2020

Views from the top: Taking back control of the development process.

Read story
12th October 2020

The pressure to be productive during isolation.

Read story
12th October 2020

Stepping up with Pascale Nicholls.

Read story
12th October 2020

Stepping up with Patrick Barker.

Read story
12th October 2020

Stepping up with Otto Balsiger.

Read story
12th October 2020

Stepping up with Catherine Fisher.

Read story
12th October 2020

Employee spotlight: Cheyne Cole.

Read story
12th October 2020

The happiest jobs in the UK.

Read story
12th October 2020

A day in the life of an ESG Investment Analyst.

Read story
1st October 2020

A day in the life of a Senior Internal Auditor.

Read story
1st October 2020

The ‘parent card’.

Read story
1st October 2020

A day in the life of a Credit Controller.

Read story
1st October 2020

Cancelling an interview.

Read story
1st October 2020

In-office benefits: Helping or hurting?

Read story
1st October 2020

Ageism in the workplace.

Read story
1st October 2020

Snow White and the seven bad candidates.

Read story
1st October 2020

Is silence really golden.

Read story
1st October 2020

Protecting your online reputation.

Read story
1st October 2020

A look at Risk in focus.

Read story
1st October 2020

Top tips for choosing a mentor.

Read story
1st October 2020

Battling burnout.

Read story
1st October 2020

Enemy employees.

Read story
1st October 2020

IR35 with Director Catherine Kellaway.

Read story
1st October 2020

5 celebrities that would make great recruiters.

Read story
1st October 2020

Learning from Stonewalls top LGBT employers.

Read story
1st October 2020

How AI is changing London.

Read story
1st October 2020

A day in the life of a Trade Support Analyst.

Read story
1st October 2020

Views from the top women in Tech with a Clinical Technology Director.

Read story
1st October 2020

Our Approach to Diversity and Inclusion.

Read story
1st October 2020

How AI is affecting your sector.

Read story
1st October 2020

Navigating difficult times utilising Technology?

Read story
1st October 2020

Working from home for a while.

Read story
×

Oops! We could not locate your form.