Head of Capital and Subsidiary Finance

Head of Capital and Subsidiary Finance

Closing date: 09 February 2026

An exciting opportunity has arisen in the Hampshire Hospitals NHS Foundation Trust Financial Accounts team for a full time Band 8b Head of Capital and Subsidiary Finance role.

We are seeking an individual who is self motivated, pro active and has excellent planning and organisational skills. The post holder is required to have excellent verbal and written communication skills.

The Head of Capital and Subsidiary Finance plays a pivotal leadership role in delivering high quality financial accounting, capital planning, and statutory reporting for HHFT and its subsidiary company.

The post holder leads the Trust's capital accounting, planning and forecasting, providing strategic financial insight, medium term capital planning (3 5 years) and expert advice to Executive and Divisional leadership. The post holder also acts as the Trust's VAT lead, ensuring compliance, maximising recovery and strengthening internal understanding.

Main duties of the job Capital Planning, Forecasting and Reporting

Lead the Trust's capital planning, forecasting and reporting for HHFT and its subsidiary, including 3-5 year capital plans for the Board and Finance & Infrastructure Committee.

Develop strong relationships with programme managers, Medical Equipment, Estates and Divisional teams to support long term asset replacement planning.

• Produce high quality monthly capital reports, investigate variances and ensure corrective action is taken promptly.
• Lead on implementation and compliance of capital policy within the group.

Financial Accounting and Reporting

Lead the production of monthly and year end accounts for the Subsidiary, ensuring full compliance with the UK GAAP and IFRS.

Oversee the production of statutory accounts and working papers for the subsidiary company under UK GAAP, managing all audit interactions to achieve timely sign off.

Work closely with subsidiary Boards to develop business plans, financial forecasts and commercial opportunities that align with the Trust's strategic goals.

Lead implementation of the Group's transfer pricing/charging policy.

VAT, Tax and Technical Financial Leadership

Act as the Trust's VAT lead, maximising VAT recovery, providing expert VAT advice and ensuring annual PESM/Business Activities claims are accurate and compliant.

Manage contracts and relationships with external VAT advisors.

About us

Hampshire Hospitals NHS Foundation Trust serves a population of approximately 570,000 people across Hampshire and parts of West Berkshire with turnover of nearly £700m. Our hospital sites are in Basingstoke, Winchester and Andover. Our vision is to provide outstanding care for every patient.

Working for HHFT offers a rewarding career, nationally agreed terms and conditions and a range of additional benefits as part of our reward package.

You would be joining a vibrant and enthusiastic Financial Accounts 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.

Job responsibilities

Further information about the Trust and this role can be found on the Job Description and Person Specification document attached.

Person Specification Training and Qualifications

• Master's degree or equivalent experience
• Knowledge of Accounting Standards and NHS Manual of Accounts
• Evidence of CPD

Experience & Knowledge

• Understanding of NHS regime
• Experience of producing accounts in a large organisation
• Capital Accounting experience
• Minimum 2 years at a senior level
• Experience of developing plans and forecasts
• Advanced Excel Skills
• Implementation of a new policy
• Implementation of a new finance system
• Experience of group accounting

Skills and Ability

• Evidence of solutions based approach

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.

Hampshire Hospitals NHS Foundation Trust

£64,455 to £74,896 a year per annum pro rata