Job overview
Hampshire Hospitals NHS Foundation Trust has a vacancy for the role of Working Capital Manager.
We are looking for a candidate who is keen to develop a career in NHS finance and we will actively support you with this. The successful candidate will work closely alongside Financial Controller in the Trust.
The Working Capital Manager is a pivotal role within the Finance team, responsible for ensuring the Trust’s working capital is effectively managed. This includes maximising the recovery of credits from suppliers, ensuring timely payment of supplier invoices, improving creditor days, and leading on debt recovery to support cash flow improvements. The post holder will also contribute to the effective management of accounts payable and receivable, supporting the Trust’s financial sustainability and operational efficiency.
Main duties of the job
Reporting to Financial Controller, you will form a key part of the finance leadership team and will provide accurate, timely and strategic oversight and will be responsible for:
·Accuracy of transactions with our suppliers and timely payments
·Management of outsourced provider for processing payables transactions
·Financial Reporting to support accurate cash flow forecast
·Effective Debt recovery
The successful candidate will be a finance professional who is values-led; blends authentic, emotionally intelligent leadership with technical expertise, and has proven ability gained within a large and complex organisational context.
Working for our organisation
Our vision is to provide outstanding care for every patient. Patient care is at the heart of what we do at our three sites: Basingstoke and North Hampshire Hospital, Royal Hampshire County Hospital in Winchester and Andover War Memorial Hospital. Hampshire Hospitals NHS Foundation Trust provides medical and surgical services to a population of approximately 600,000 people across Hampshire and parts of West Berkshire.
You would be joining a vibrant and enthusiastic Finance team at a challenging and interesting time with financial recovery and sustainability as a priority. Alongside the wider Finance department our teams are based at the Basingstoke site but currently benefit from hybrid working arrangements and are expected at times to travel to one of our other two sites.
The trust employs more than 9,000 staff and has a turnover of over £600 million a year. As a Foundation Trust, we are directly accountable to our members through the governors. The Council of Governors represent the interests of their constituencies and influence the future plans of the Foundation Trust.
Tackling Climate Change: Hampshire Hospitals aims to embed sustainability and net zero carbon principles into the delivery of care across all its services. To find out more, search or .
Detailed job description and main responsibilities
Please see the attached Job Description and Person Specification for a detailed view of the role.
The role is hybrid, splitting time between home and the Basingstoke finance office with minimum two days working in the office.
If you would like further information please contact Elvira Patrasco, Associate Director of Financial Services,
Person specification
Training & Qualification
Essential criteria
1. Part qualified member of CCAB body or equivalent experience
2. Evidence of continuing professional development
Desirable criteria
3. Degree or postgraduate qualification in finance, business, or related field.
Experience & Knowledge
Essential criteria
4. Experience in accounts payable, accounts receivable, or working capital management.
5. Experience of process improvement and stakeholder engagement.
Desirable criteria
6. Experience of managing projects.
Skills & Ability
Essential criteria
7. Advanced user of IT including all Microsoft office packages
8. Able to explain complex financial information to non-financial members of staff
9. Confident in making quick and informed decisions
10. Ability to change priorities and switch from one complex activity to another
Desirable criteria
11. Experience of working with Oracle.