Job summary
Are you looking for a fast-paced role that will enhance your costing expertise and deepen your knowledge of SQL, Power BI, and NHS financial systems? If so, an exciting opportunity has arisen at Newcastle Upon Tyne Hospitals NHS Foundation Trust to join the Finance Directorate as a Deputy Cost Accountant.
In this advanced role, you will support the Cost Accountant in delivering a high-quality costing service and deputise when required. You'll be part of a dynamic team responsible for producing accurate financial and activity-based information in line with national costing standards. This includes quarterly costing system runs, Service Line Reporting (SLR), Patient Level Information and Costing Systems (PLICS), and contributing to the annual National Cost Collection.
You'll also work closely with internal and external stakeholders, providing insightful costing analysis and visualisations using Power BI, and helping to drive improvements in service efficiency and financial performance across the Trust.
- Interview Date: 25 November 2025
- 37 hours 30 minutes/week
- You will be redirected to Trac to apply for the vacancy. Please expand the job details section and read all of the information before applying for the vacancy.
NO AGENCIES PLEASE
Main duties of the job
- Assist in the provision of a high-quality costing service and deputise for the Cost Accountant when necessary.
- Produce costing outputs including SLR, PLICS, National Cost Collection, and statutory returns.
- Deliver activity-based costing reports to key stakeholders and support operational boards with financial advice.
- Develop Power BI dashboards and visualisations to provide greater insight into Trust services.
- Integrate data from Trust systems into the data warehouse in collaboration with the Systems and Data Architect.
- Benchmark Trust services and identify areas for financial improvement using tools like the Model Health System.
- Train and support finance team members and wider Trust staff in costing methodologies and systems.
- Represent the Trust at external costing events and embed learning into internal processes.
- Maintain financial controls in line with Corporate Governance guidelines.
- Lead and manage the costing team in the absence of the Cost Accountant.
About us
As a flexible working friendly organisation, we want to be sure that you can work in a way that is best for us and for our patients, and for you. Speak to us about how we might be able to accommodate a flexible working arrangement. If it works for the service, we will do our best to make it work for you.
Our staff oversee around 6,500 patient contacts every day, delivering high standards of healthcare from the following sites:
o Freeman Hospital
o Royal Victoria Infirmary (RVI)
o Health Innovation Neighbourhood (on the former Newcastle General Hospital and Centre for Ageing and Vitality site)
o Newcastle Dental Hospital
o Newcastle Fertility Centre
o Northern Centre for Cancer Care, North Cumbria
o Northern Genetics Service
o Cramlington Manor Walks
These include a range of flagship services which deliver cutting-edge care (supported by state-of-the-art diagnostic services in both radiology and pathology) and are a catalyst for innovation to support pioneering clinical practice in the NHS.
We also have offices at Regent Point in Gosforth and community sites.
Please see attached information on what Staff Benefits we have to offer at our Trust under 'Documents to download' or 'Supporting documents'.
For further information on The Newcastle upon Tyne Hospitals NHS Foundation Trust please visit: Careers | Newcastle Hospitals | NHS | Newcastle Hospitals and Newcastle Hospitals NHS Foundation Trust
Job description
Job responsibilities
- To play an advanced role in assisting the Cost Accountant in the provision of a high-quality costing service and deputising when necessary.
- Ensure that the financial and activity information is produced in accordance with national costing standards and to produce all areas of costing including Service Line Reporting, Patient Level Costing, National Cost Collection and other statutory returns.
- Provision of activity-based costing reports to key stakeholders
- Provide specialist knowledge and financial advice to Operational Boards and service units within the Trust, in particular using Service Line Reporting and Patient Level Costing information to support the process of commissioning the Trusts patient care services and making recommendations for improvements to the efficiency and effectiveness of service delivery within the Trust.
- Support modelling the impact of National Guidance on the financial and information flows to assess the associated risks and opportunities.
- To train and develop other members of the Finance department as and when required on all elements of costing.
- Work with the Systems and Data Architect to integrate data from Trust systems into the Trust data warehouse
- Develop new visualisations using PowerBI that allow greater insight into Trust services utilising new technologies, software and latest thinking around visualisation.
- Provide a benchmarking function for all aspects of Trust services and liaise with key stakeholders to help identify areas for financial improvement.
- Participate in and contribute to projects as and when they arise, both internally and externally
- Assist in the regular review of costing methodology for making best use of resources across the Trust, in conjunction with key stakeholders.
- Support teams in the extraction and analysis of data, from the SLR system and Bench marking systems using comparisons to the Model Health System.
- Represent the Trust when required at external costing events and meetings, ensuring any learning is embedded into changed processes and procedures as appropriate.
- To ensure that financial controls are maintained within Corporate Governance guidelines
Job description
Job responsibilities
- To play an advanced role in assisting the Cost Accountant in the provision of a high-quality costing service and deputising when necessary.
- Ensure that the financial and activity information is produced in accordance with national costing standards and to produce all areas of costing including Service Line Reporting, Patient Level Costing, National Cost Collection and other statutory returns.
- Provision of activity-based costing reports to key stakeholders
- Provide specialist knowledge and financial advice to Operational Boards and service units within the Trust, in particular using Service Line Reporting and Patient Level Costing information to support the process of commissioning the Trusts patient care services and making recommendations for improvements to the efficiency and effectiveness of service delivery within the Trust.
- Support modelling the impact of National Guidance on the financial and information flows to assess the associated risks and opportunities.
- To train and develop other members of the Finance department as and when required on all elements of costing.
- Work with the Systems and Data Architect to integrate data from Trust systems into the Trust data warehouse
- Develop new visualisations using PowerBI that allow greater insight into Trust services utilising new technologies, software and latest thinking around visualisation.
- Provide a benchmarking function for all aspects of Trust services and liaise with key stakeholders to help identify areas for financial improvement.
- Participate in and contribute to projects as and when they arise, both internally and externally
- Assist in the regular review of costing methodology for making best use of resources across the Trust, in conjunction with key stakeholders.
- Support teams in the extraction and analysis of data, from the SLR system and Bench marking systems using comparisons to the Model Health System.
- Represent the Trust when required at external costing events and meetings, ensuring any learning is embedded into changed processes and procedures as appropriate.
- To ensure that financial controls are maintained within Corporate Governance guidelines
Person Specification
Qualifications & Education
Essential
- A good level of education in a numerate subject
- Diploma level of a professional accountancy qualification or equivalent experience.
- Actively studying towards a recognised CCAB qualification or relevant equivalent qualification
Desirable
- CCAB qualified or relevant equivalent qualification
Knowledge & Experience
Essential
- Considerable experience in the finance department of a complex organisation
- A good working knowledge of financial computer systems, in particularly strong database and advanced excel skills, plus General Ledger experience.
- Knowledge and use of Power BI, Power Query & SQL
- Knowledge of Costing and PLICS
- Knowledge of the National Health Service and NHS Trusts in particular, Model Health System and PLICs Porta
Desirable
- Previous experience of IQVIA Usercost and HOB
- Evidence of participation in continuing training and development appropriate to their role and responsibilities.
Skills & Abilities
Essential
- Able to work autonomously to agreed objectives, whilst given the freedom to instigate changes, working within broad occupational policies
- Ability to make judgements involving facts and situations.
- Able to communicate complex information to a range of different audiences using a range of different communication methods.
- Demonstrates effective staff leadership skills, with the ability to motivate, guide, and support team members to achieve shared goals
Desirable
- Requires a strong technical mind which can assimilate and interpret highly complex information of both qualitative and quantitative nature.
Person Specification
Qualifications & Education
Essential
- A good level of education in a numerate subject
- Diploma level of a professional accountancy qualification or equivalent experience.
- Actively studying towards a recognised CCAB qualification or relevant equivalent qualification
Desirable
- CCAB qualified or relevant equivalent qualification
Knowledge & Experience
Essential
- Considerable experience in the finance department of a complex organisation
- A good working knowledge of financial computer systems, in particularly strong database and advanced excel skills, plus General Ledger experience.
- Knowledge and use of Power BI, Power Query & SQL
- Knowledge of Costing and PLICS
- Knowledge of the National Health Service and NHS Trusts in particular, Model Health System and PLICs Porta
Desirable
- Previous experience of IQVIA Usercost and HOB
- Evidence of participation in continuing training and development appropriate to their role and responsibilities.
Skills & Abilities
Essential
- Able to work autonomously to agreed objectives, whilst given the freedom to instigate changes, working within broad occupational policies
- Ability to make judgements involving facts and situations.
- Able to communicate complex information to a range of different audiences using a range of different communication methods.
- Demonstrates effective staff leadership skills, with the ability to motivate, guide, and support team members to achieve shared goals
Desirable
- Requires a strong technical mind which can assimilate and interpret highly complex information of both qualitative and quantitative nature.
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
Additional information
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
