Job summary
The Head of Financial Management will lead a small team that will report on CHC and acute/sub-acute budgets as well as the finance lead overseeing the Croydon, Kingston and Richmond Places.
Reporting to the Deputy Director of Finance for Financial Management in ensuring that in-year financial reporting and future financial plans are robust.
This role will be responsible for building on existing relationships between the contracts team and the CHC team and will require active engagement with clinical and non-clinical teams in financial performance management, cost improvement development and delivery and in ensuring that the financial planning process is sound. They will be a key member of the Place management team providing financial support and advice for them and the Departments at Place.
Interview Date: w/c 30/09/2024
Main duties of the job
South West London ICB is looking to recruit a Head of Financial Management to be a crucial part of theFinancial Management team. This is an exciting role which will lead on financial management issues forAll Age Continuing Healthcare (AACHC), Mental Health and acute/sub-acute budgets as well as thefinance lead overseeing the Croydon, Kingston and Richmond Places.This role will be responsible for building on existing relationships between the contracts team and theAACHC team and will require active engagement with clinical and non-clinical teams in financialperformance management, cost improvement development and delivery and in ensuring that thefinancial planning process is sound. They will be a key member of the Place management team providingfinancial support and advice for them and the Departments at Place.The post holder will manage the Financial Management team under them; including the specificresponsibility for ensuring the provision of effective business partnering to all departments of the ICB.
About us
On 1 July 2022, NHS South West London Integrated Care Board (ICB) was established. The ICB, as part ofSouth West London Integrated Care System (ICS), is a partnership of organisations that come together toplan and deliver joined up health and care services to improve the lives of people in our six boroughs: Croydon, Merton, Kingston, Richmond, Sutton and Wandsworth.
Each ICS consists of two statutory elements:
- an Integrated Care Board, bringing the NHS together with its partners locally to improve health and care services
- an Integrated Care Partnership (ICP): the broad alliance of organisations and representatives concerned with improving the care, health and wellbeing of the population, jointly convened bythe ICB and local authorities in the area
- ICBs are statutory NHS bodies responsible for planning and allocating resources to meet the four core purposes of integrated care systems (ICSs):
- to improve outcomes in population health and healthcare;
- tackle inequalities in outcomes, experience and access;
- enhance productivity and value for money and; help the NHS support broader social and economic development.
NHS South West London Integrated Care Board decides how the South West London NHS budget is spent and develops plans to improve people's health, deliver higher quality care, and better value for money
Job description
Job responsibilities
Please refer to Job Description and Person Specification for full details
Business and Strategic Planning & DevelopmentTo provide professional and complex financial and commercial advice and support to managers within the ICB, including business case development.To provide financial management staff with support and advice on financial and non-financial aspects of the budgets, ensure they are aligned to meet agreed plans and required service standards.
Financial Reporting and Budgetary PerformanceAlong with the Deputy Director of Finance for Financial Management be accountable for all aspects of the ICB management accounting service, including management of the monthly reporting cycle and delivery of effective financial reports to agreed deadlines. This includes ensuring that all income and expenditure ledger entries balance accurately and timeliness of provision of summary and detail reports as required across the ICB.
ManagementBe responsible for the overall management of the Financial Management team responsible for Mental Health, Community, BCF & Hospices, including motivating staff to meet deadlines and targets, recruitment, training, appraisal, implementation of HR policies and dealing with disciplinary/performance issues.
CommunicationThe post holder will require excellent interpersonal and communication skills.The post holder will be required to present highly complex and highly sensitive financial information to large audiences of varying experience, disciplines and seniority. This will require highly developed presentation and influencing skills.
Job description
Job responsibilities
Please refer to Job Description and Person Specification for full details
Business and Strategic Planning & DevelopmentTo provide professional and complex financial and commercial advice and support to managers within the ICB, including business case development.To provide financial management staff with support and advice on financial and non-financial aspects of the budgets, ensure they are aligned to meet agreed plans and required service standards.
Financial Reporting and Budgetary PerformanceAlong with the Deputy Director of Finance for Financial Management be accountable for all aspects of the ICB management accounting service, including management of the monthly reporting cycle and delivery of effective financial reports to agreed deadlines. This includes ensuring that all income and expenditure ledger entries balance accurately and timeliness of provision of summary and detail reports as required across the ICB.
ManagementBe responsible for the overall management of the Financial Management team responsible for Mental Health, Community, BCF & Hospices, including motivating staff to meet deadlines and targets, recruitment, training, appraisal, implementation of HR policies and dealing with disciplinary/performance issues.
CommunicationThe post holder will require excellent interpersonal and communication skills.The post holder will be required to present highly complex and highly sensitive financial information to large audiences of varying experience, disciplines and seniority. This will require highly developed presentation and influencing skills.
Person Specification
Education / Qualifications
Essential
- Expert knowledge of financial and accounting procedures, financial and other aspects of legislation and NHS finance policies; experience and expertise in finance management, strategic and staff leadership roles; acquired through: Professional Accountancy Qualifications or equivalent, further specialist training and experience.
- Evidence of continued professional development
- Member of relevant professional body
Knowledge and Experience
Essential
- Significant experience of successfully operating in a politically sensitive environment
- Previously responsible for a budget, involved in budget setting and working knowledge of financial processes
- Demonstrated experience in a Healthcare environment
- Experience of setting up and implementing internal processes and procedures
- Experience of managing and motivating a team and reviewing performance of the individuals
Skills and Abilities
Essential
- Able to provide and receive highly complex, sensitive and contentious information, negotiate with senior stakeholders on difficult and controversial issues, and present complex and sensitive information to large and influential groups
- Ability to negotiate on difficult and very complex and detailed issues
- Ability to analyse highly complex facts and situations and develop a range of options
- Ability to carry out procurements for highly detailed, high value contracts that require analysis, comparison and assessment
- Ability to make decisions autonomously and on difficult and contentious issues where there may be a number of courses of action
- Ability to anticipate and resolve problems before they arise
- Skills for delivering results through managing through others and using a range of levers in the absence of direct line management responsibility
- Skills for managing relationships with a range of different stakeholders
- Ability to work as part of a team and work flexibly to provide support to other departments and teams as and when necessary
Person Specification
Education / Qualifications
Essential
- Expert knowledge of financial and accounting procedures, financial and other aspects of legislation and NHS finance policies; experience and expertise in finance management, strategic and staff leadership roles; acquired through: Professional Accountancy Qualifications or equivalent, further specialist training and experience.
- Evidence of continued professional development
- Member of relevant professional body
Knowledge and Experience
Essential
- Significant experience of successfully operating in a politically sensitive environment
- Previously responsible for a budget, involved in budget setting and working knowledge of financial processes
- Demonstrated experience in a Healthcare environment
- Experience of setting up and implementing internal processes and procedures
- Experience of managing and motivating a team and reviewing performance of the individuals
Skills and Abilities
Essential
- Able to provide and receive highly complex, sensitive and contentious information, negotiate with senior stakeholders on difficult and controversial issues, and present complex and sensitive information to large and influential groups
- Ability to negotiate on difficult and very complex and detailed issues
- Ability to analyse highly complex facts and situations and develop a range of options
- Ability to carry out procurements for highly detailed, high value contracts that require analysis, comparison and assessment
- Ability to make decisions autonomously and on difficult and contentious issues where there may be a number of courses of action
- Ability to anticipate and resolve problems before they arise
- Skills for delivering results through managing through others and using a range of levers in the absence of direct line management responsibility
- Skills for managing relationships with a range of different stakeholders
- Ability to work as part of a team and work flexibly to provide support to other departments and teams as and when necessary
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).