Director of Finance

Job description

Job responsibilities

Financial management, strategy and development

Provide effective financial and business leadership to the ICB to ensure it meets its financial objectives.

Development of the Financial Plan for the ICB and liaise with the Director of Strategic Finance is translated into short and medium term plans for the ICS. Ensure ownership from all partners to the ICB Financial Plan.

Lead on the development of tools and techniques to use the data and information available from business intelligence providing.

Providing financial leadership and advice within the ICB.

Provide clear and accessible financial reports, data, benchmarking and other information and advice required for ICB decision making and option appraisal.

Provide accurate financial reports to enable members of the ICB to understand the financial position, progress against the financial plan and potential risks to achievement.

Ensure there is an effective performance management and business information framework in place within the ICB to monitor, predict and manage risks to financial and non-financial performance.

Coordinate the quantification of financial opportunities and investment costs associated with ICB programmes of work.

With the Chief Finance Officer lead the development of a system approach to financial management and recovery.

Develop and maintain the financial elements of the sustainability and efficiency programmes for Hampshire and the Isle of Wight ICB to achieve value for money.

On behalf of the ICB develop standardised ICB-wide financial benefits realisation and impact modelling to support the transformation programme.

With the ICB Financial leadership team support organisations in financial distress in developing recovery plans.

Develop appropriate costing systems to support performance improvement

With the Director of Strategic Finance, lead on the development and introduction of payment and contractual reforms ensuring these meet the needs of future system working and service provision.

Work with the Chief Finance Officer, Director of Strategic Finance to develop an approach to allocate funding fairly across the ICS, taking into account national changes in relation to tariff and financial architecture.

Governance

Support the Chief Finance Officer in ensuring that the ICB follows a well- defined and established corporate governance framework, including best practice Standing Orders, Standing Financial Instructions and Schemes of Delegation; and that these are reviewed on an annual basis.

Ensure that the corporate governance framework of the ICB links seamlessly into the governance framework of the ICS.

Ensure the ICB Financial Plan is in place and that this provides the highest standards of assurance, and that good governance remains central at all times

Act in the best interests with regard to the health of the local population at all times.

Take personal responsibility for ensuring that resources are used efficiently and with minimum wastage and to comply with Standing Financial Instructions.

Leadership Qualities

Act as an Leader for NHS Hampshire and the Isle of Wight representing the objectives and views of the ICB to stakeholders and ensuring its reputation is enhanced through these activities.

Work in partnership and collaboration with a wide range of multi-disciplinary colleagues, both inside and outside the ICS (in addition to attendance at formal Board meetings, Clinical Groups etc when required). This will also include Frimley ICS.

Work collectively to promote an environment that delivers the Hampshire and Isle of Wight strategic goals.

Contribute to the creation of a compelling vision for the future and communicate this within Hampshire and the Isle of Wight and across partner organisations.

Operate effectively in a flexible and demanding environment and proactively engage with staff, colleagues, and stakeholders.

Required to communicate, proactively build good working relationships, and provide information and advice to a wide range of internal and external stakeholders on a range of business sensitive issues.

Drive and challenge, where appropriate, key working relationships to innovate and drive reform to achieve agreed objectives.

Be able to think conceptually in order to plan flexibly for the longer term and be continually alert to finding ways to improve.

Provide and receive highly complex, sensitive, and contentious information, including presenting information about projects and dependencies to a wide range of internal and external stakeholders in formal settings.

Manage potentially aggressive and/or antagonistic situations with staff and stakeholders within change programmes for successful outcomes.

Deal with and manage complex and conflicting subject matter in day to day work, meetings, one to one communications and other situations.

People Management

Support the Chief Finance Officer and senior leaders of the ICB and ICS, building a collaborative working environment and an innovative culture.

In liaison with the Chief Finance Officer lead on the development of a Hampshire and Isle of Wight Finance Staff Development and Talent Management Programme.

Motivate and inspire staff throughout the ICS to role model leadership and innovation.

Foster and strengthen links with all ICS Executives and senior leaders across Hampshire and the Isle of Wight (health and local authorities).

Work in a matrix management style and foster close working relations with other managers particularly the Director of Strategic Finance and the Chief Finance Officer.

On-call

The Postholder will be expected to participate in the On-Call Rota for Hampshire and the Isle of Wight.

Currently recruiting for a Deputy CFO; the salary for a combined role would be flexible to ensure appropriate compensation.

Person Specification

Knowledge, Training and Experience

Essential

• Educated to degree level with a Masters or equivalent post graduate qualification or equivalent level of relevant specialist knowledge or management experience
• Evidence of continuing professional development
• Full qualification in one of the individual CCAB bodies or CIMA
• Experienced at working in a collaborative decision-making group such as a board or other 'board level' committee
• Director level experience of managing successful teams
• Board level experience of managing budgets and maintaining financial balance within a highly complex, multi-organisational environment in the face of increasing demand
• Experience of communicating complex financial matters into simple English.
• Demonstrable track record of leading procurement, contracting and performance management processes in large and/or complex organisations
• Ability to manage, develop and maintain communication with other organisations (both internal to the NHS and in the wider community) and effectively lead on highly complex, emotional, sensitive, and contentious issues across organisational boundaries
• Good working understanding of health and an appreciation of the broad social, political, and economic trends influencing it
• Working understanding of governance and assurance
• Working knowledge of general employment law and practices and current legal requirements and good practice in equality and discrimination
• Demonstrable understanding of NHS principles and values as set out in the NHS Constitution and an ability to reflect them in their leadership role
• Financially literate with the ability to critically review, challenge and effectively utilise financial information for decision making
• In-depth understanding of the NHS and social care financial regime and an ability to develop capability within the ICS to enable interpretation of relevant legislation and accountability frameworks
• An understanding of the principles of value for money and an ability to challenge performance on this basis

Attributes and Competencies

Essential

• Understands and demonstrates the values of quality, teamwork, care and compassion, dignity and respect and openness, honesty and responsibility through the application of appropriate behaviours and attitudes
• A self-motivated team player committed to collegiate working and corporate effectiveness. Proven ability to establish and maintain effective professional networks
• Highly developed motivational, influencing and negotiating skills with proven track record of success
• Proven ability to work jointly with others to develop, take forward and evaluate direction, polices and strategies
• Ability to balance and manage multiple agendas and ability to meet deadlines and manage time

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.

UK Registration

Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).

Employer details

Employer name

Hampshire and Isle of Wight ICB (104)

Address

Omega House

Eastleigh

SO50 5PB

Employer's website

https://www.hantsiowhealthandcare.org.uk/icb (Opens in a new tab)