Job summary
This post will provide an exceptionally dynamic, driven individual with an exciting opportunity to join and lead an innovative, growing NHS-based portfolio of ventures that work towards improving people's lives and mental health in a financially sustainable way.
These ventures include strategic property disposal, international service delivery (range of models) and a range of UK based margin making businesses with different levels of maturity including learning, consulting and private care. An interest in working commercially and creatively within the NHS or other public sector, as well as a track record of strategically and operationally leading a finance function (inside or outside the NHS) are essential, as well as a commitment to improving people's health and lives.
Main duties of the job
The primary responsibilities of the role will be:
- To provide strategic and operational oversight of all aspects of finance within Commercial Enterprise, including individual ventures and partnerships;
- To collaborate closely with the Trust Finance Department, CFO and leadership team to ensure seamless monitoring of management accounts and financial positions;
- To manage financial and business intelligence to guide strategic decision making across the portfolio, from new investment options appraisals through to major financial partnerships.
Additionally, the post holder will contribute to the overall leadership of Commercial Enterprise as one of several Directors, as well as supporting individual ventures and partnership teams with strategic leadership and decision making.
As a Enterprise Director, the post holder will influence the strategic vision of Commercial Enterprise and provide strategic and operational leadership on all aspects of finance, liaising with the South London & Maudsley (SLaM) NHSFT finance department.
About us
About South London and Maudsley:
South London and Maudsley NHS Foundation Trust (SLaM) provide the widest range of NHS mental health services in the UK as well as substance misuse services for people who are addicted to drugs and alcohol. We work closely with the Institute of Psychiatry, Psychology and Neuroscience (IoPPN), King's College London and are part of King's Health Partners Academic Health Sciences Centre. There are very few organisations in the world that have such wide-ranging capabilities working with mental illness. Our scope is unique because it is built on three major foundations: care, research, and training.
Commercial Enterprise and ventures
Builds on initiatives going back more than 10 years and helps the Trust to fulfil our core purpose in three ways. First, to provide effective, responsive and efficient support services to our people on any commercial matters. Second, it takes to other organisations here and overseas via a range of platforms, the best approaches with which we serve people; and third it generates vitally needed investment to help us change the lives of people we serve.
Job description
Job responsibilities
Job Purpose
The primary responsibilities of the role will be:
- To provide strategic and operational oversight of all aspects of finance within Commercial Enterprise, including individual ventures and partnerships;
- To collaborate closely with the Trust Finance Department, CFO and leadership team to ensure seamless monitoring of management accounts and financial positions;
- To manage financial and business intelligence to guide strategic decision making across the portfolio, from new investment options appraisals through to major financial partnerships.
Additionally, the post holder will contribute to the overall leadership of Commercial Enterprise as one of several Directors, as well as supporting individual ventures and partnership teams with strategic leadership and decision making.
As a Commercial Enterprise Director, the post holder will influence the strategic vision and provide strategic and operational leadership on all aspects of finance, liaising with the South London & Maudsley (SLaM) NHSFT finance department.
The post holder will be accountable for the delivery of financial performance and robust financial forecasting and drive the delivery of well-managed budgets and ensure the financial viability of Commercial Enterprise. The postholder will have direct accountability to the Chief Commercial Officer, SLaM Executive Leadership Team, and Trust Board and will establish the internal governance structure within ME and involved Trust Finance to provide financial assurance.
The post holder will be responsible, along with other Commercial Enterprise Directors, for the development and delivery of strategic objectives, oversight of performance and risk, use of resources, and delivery of services and for promoting the vision, values and strategic aims of Enterprise both internally and externally.
Key Responsibilities:
- To provide strong commercial financial leadership, strategic and operational on all aspects of finance within Commercial Enterprise and within the context of SLaM NHSFT, providing timely financial information to Directors, the Board, Executive Leadership Team and ventures to enable them to fulfil their responsibilities.
- To work closely and collaboratively with the Trust Finance Department and leadership to ensure that Commercial Enterprises management accounts and financial position within the Trust is monitored in real-time and is always reconcilable with the Trusts overall position.
- To contribute as a Commercial Enterprise Director to the formulation and delivery of strategic and business plans, advise on the financial implications of strategic planning and lead on the development of complex business cases.
- To oversee large, complex commercial infrastructure developments, negotiate with investors and partners and work effectively with a wide selection of expert advisors (financial advisory, legal, development management).
- To provide expert advice to the Directors and individual ventures on all financial issues and ensure the long-term financial sustainability of Commercial Enterprise and its individual ventures.
- To be responsible for ensuring there is a robust system of internal financial controls and effective budgetary control systems in place, including building the internal governance required to achieve this goal.
- To devise supporting financial plans for new and existing ventures, including financial forecasts, options appraisals, investment plans, and financial dashboards to support strategic objectives through evaluation of business opportunities and risks.
- To apply rigorous best practice commercial models and systems in assessing viability of investment proposals.
- To represent Commercial Enterprise in internal and external forums, building commercially, financially and regulatory important relationships with key stakeholders.
- To lead and manage contract negotiation, contract performance monitoring and contract management, including mitigation against under performance.
- To effectively manage financial agreements between Commercial Enterprise / the Trust and partners or contractors.
- Develop and operationalise reports and processes linking operational activity to Trusts reporting structures.
- Improve business intelligence reporting and monitoring both within Commercial Enterprise and how this is fed into the Trusts reporting structures.
- To meet agreed targets and objectives and deliver within defined costs, timescales and resources.
- To ensure Value for Money through effective procurement arrangements, working closely with existing Trust processes and personnel.
- To provide strong individual and professional leadership through change supporting colleagues, staff and partners through a visionary and motivational problem-solving approach.
Job description
Job responsibilities
Job Purpose
The primary responsibilities of the role will be:
- To provide strategic and operational oversight of all aspects of finance within Commercial Enterprise, including individual ventures and partnerships;
- To collaborate closely with the Trust Finance Department, CFO and leadership team to ensure seamless monitoring of management accounts and financial positions;
- To manage financial and business intelligence to guide strategic decision making across the portfolio, from new investment options appraisals through to major financial partnerships.
Additionally, the post holder will contribute to the overall leadership of Commercial Enterprise as one of several Directors, as well as supporting individual ventures and partnership teams with strategic leadership and decision making.
As a Commercial Enterprise Director, the post holder will influence the strategic vision and provide strategic and operational leadership on all aspects of finance, liaising with the South London & Maudsley (SLaM) NHSFT finance department.
The post holder will be accountable for the delivery of financial performance and robust financial forecasting and drive the delivery of well-managed budgets and ensure the financial viability of Commercial Enterprise. The postholder will have direct accountability to the Chief Commercial Officer, SLaM Executive Leadership Team, and Trust Board and will establish the internal governance structure within ME and involved Trust Finance to provide financial assurance.
The post holder will be responsible, along with other Commercial Enterprise Directors, for the development and delivery of strategic objectives, oversight of performance and risk, use of resources, and delivery of services and for promoting the vision, values and strategic aims of Enterprise both internally and externally.
Key Responsibilities:
- To provide strong commercial financial leadership, strategic and operational on all aspects of finance within Commercial Enterprise and within the context of SLaM NHSFT, providing timely financial information to Directors, the Board, Executive Leadership Team and ventures to enable them to fulfil their responsibilities.
- To work closely and collaboratively with the Trust Finance Department and leadership to ensure that Commercial Enterprises management accounts and financial position within the Trust is monitored in real-time and is always reconcilable with the Trusts overall position.
- To contribute as a Commercial Enterprise Director to the formulation and delivery of strategic and business plans, advise on the financial implications of strategic planning and lead on the development of complex business cases.
- To oversee large, complex commercial infrastructure developments, negotiate with investors and partners and work effectively with a wide selection of expert advisors (financial advisory, legal, development management).
- To provide expert advice to the Directors and individual ventures on all financial issues and ensure the long-term financial sustainability of Commercial Enterprise and its individual ventures.
- To be responsible for ensuring there is a robust system of internal financial controls and effective budgetary control systems in place, including building the internal governance required to achieve this goal.
- To devise supporting financial plans for new and existing ventures, including financial forecasts, options appraisals, investment plans, and financial dashboards to support strategic objectives through evaluation of business opportunities and risks.
- To apply rigorous best practice commercial models and systems in assessing viability of investment proposals.
- To represent Commercial Enterprise in internal and external forums, building commercially, financially and regulatory important relationships with key stakeholders.
- To lead and manage contract negotiation, contract performance monitoring and contract management, including mitigation against under performance.
- To effectively manage financial agreements between Commercial Enterprise / the Trust and partners or contractors.
- Develop and operationalise reports and processes linking operational activity to Trusts reporting structures.
- Improve business intelligence reporting and monitoring both within Commercial Enterprise and how this is fed into the Trusts reporting structures.
- To meet agreed targets and objectives and deliver within defined costs, timescales and resources.
- To ensure Value for Money through effective procurement arrangements, working closely with existing Trust processes and personnel.
- To provide strong individual and professional leadership through change supporting colleagues, staff and partners through a visionary and motivational problem-solving approach.
Person Specification
Experience
Essential
- Clear experience of working in both NHS and non NHS sectors
Desirable
- Experience of working on international hospital financing
Experience
Essential
- Evidence of international business development finance activities
Desirable
- Evidence of building / development finance activities
Person Specification
Experience
Essential
- Clear experience of working in both NHS and non NHS sectors
Desirable
- Experience of working on international hospital financing
Experience
Essential
- Evidence of international business development finance activities
Desirable
- Evidence of building / development finance activities
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).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
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).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
