Finance
What is a career in finance in health and social care?
Staff working in finance ensure the smooth financial operation of their organisations, contributing to its efficiency and sustainability. This can involve roles in the payroll department, where they ensure staff are paid accurately and on time, or in the accounts department, managing payments for goods and services. Finance staff may also work in procurement, purchasing the goods and services necessary for their organisation to function. Senior finance roles take on responsibilities such as setting and managing budgets, making key decisions on how funds are allocated, and tracking expenditures to ensure money is spent correctly and effectively.
What types of roles can be found in this area?
- Finance Assistant
- Buyer
- Management Accountant
- Payroll Officer
- Procurement Officer
- Payroll Manager
- Finance Manager
- Senior Finance Manager
- Head of Finance
Entry routes and pay
Depending on the role within Finance can vary the route you can take to get in. The entry level role in finance is a Finance Assistant which you can apply for via an apprenticeship whereas the other roles in finance will require you to have an accounting qualification. Depending on the type of role will depend on what level of accountancy. However, there are apprenticeship qualifications also available where you can progress your career from a Finance Assistant to management accountant.
There are apprenticeship opportunities across Cambridgeshire and Peterborough where you may be able to join as an apprentice in a finance role. For more information about apprenticeships please click here.
Some roles may require relevant experience in a finance role. The type and level of experience will be specified in individual job listings.
For roles in finance, it is usually a requirement to have an A-C or 4-9 in Maths and English GCSEs (or equivalent), and you may need to have a relevant qualification, such as an accounting or equivalent experience. Finance staff may also work towards a finance-related qualification on the job.
When starting out on a finance apprenticeship you will start on an apprentice wage which varies from organisation to organisation, to a management accountant role at £28,407 to a finance manager role at £46,148.
Where can you work?
Working in finance offers a range of environments you can work in. These could include:
Ambulance Service
Care Home
Dental
Hospice
Hospital
Mental Health
