Commercial Director

Principal Medical Limited

Information:

This job is now closed

Job summary

This is a part-time role. The successful candidate will be expected to work 4 days per week, hybrid working is a possibility.

Reporting into the CEO, the overall aim of the role to develop PMLs business development strategy across all of its current product/service portfolio within the capability and capacity of PMLs skill and competence levels in order to achieve sustainable revenue and growth targets for investment back into service development. The role also requires an oversight of PMLs finance and reporting processes ensuring that these are robust and sustainable and adhere to strict disciplines of governance and legislation. It will also hold line management responsibility of IT as part of the business development will also be digitally driven.

Main duties of the job

PML has recently seen some changes to the Executive Team and continued external market and stakeholder challenges which has led to a need to review the requirement for more focused commercial representation at Board and Executive level. The key catalyst for this has been the promotion of the Finance Director to CEO which has left a gap currently covered by the Deputy Director of Finance.

The view of the Board is that the role of a dedicated FD is too narrow for its requirements and that a broader Commercial Director role would be more effective for the organisation with a combination of the current Deputy Director of Finance position being more senior and responsible for the operational elements of the FD role; alongside a Commercial Director who can provide effective oversight of the FD responsibilities; and a CEO who has intimate knowledge of the organisations finances but needs to be at arms length from that role as CEO.

About us

PML is a successful not-for-profit, GP-led organisation providing various NHS community and primary care clinical services to patients across Oxfordshire and Northamptonshire. We have evolved as a NHS healthcare provider since 2004 and in the last few years have grown significantly, now employing around 300 staff with a turnover of circa £16m. PML holds GMS contracts, as well as being a GP Federation representing circa 50 GP practices covering approximately 650,000 patients.

We welcome applicants from a diverse range of backgrounds and circumstances and people with protected characteristics under the Equality Act 2010

Date posted

12 March 2024

Pay scheme

Other

Salary

£95,000 a year Pro Rata

Contract

Permanent

Working pattern

Part-time

Reference number

E0176-24-0009

Job locations

Principal Medical Ltd

3 Barberry Place

Bicester

Oxfordshire

OX26 3HA


Job description

Job responsibilities

Key responsibilities of the job holder are:

  • Develop the organisations business development strategy across the current product/service portfolio and into other sectors that are within the skills and competence mix of the organisation
  • Ensure that strategy is implemented to achieve sustainable revenue and surplus growth targets for re-investment.
  • Provide evidence based commercial input into PMLs GP/GMS consolidation and growth strategy ensuring that business cases and due diligence is adhered to
  • Undertake relevant market and stakeholder mapping to ensure that PML are able to maximise any revenue generating opportunities for growth and contract retention
  • Monitor tender opportunities through a variety of channels including stakeholder agendas and policies to allow PML to position itself for growth and development
  • Lead the organisations strategic business planning process and ensure all directorates are effectively engaged in this
  • Oversee PMLs finances, reporting process and procurement function representing the finance function and responsibilities of the Executive Team and Board levels.
  • Ensure that procurement activities meet the needs of the business while ensuring robust governance processes are in place
  • Own and effectively oversee PMLs financial governance process and ensure that the Board and external stakeholders are engaged and briefed on governance status
  • Provide a framework that focuses and monitors cost operational efficiency and effectiveness.
  • Develop and maintain the PML brand ensuring the values and vision are consistently represented across all forms of communication.
  • Lead and develop your team ensuring that their skills and performance is maximised to meet both PML aims and their potential in line with PML policies, values and behaviours and the PML Code of Conduct for Leaders

Job description

Job responsibilities

Key responsibilities of the job holder are:

  • Develop the organisations business development strategy across the current product/service portfolio and into other sectors that are within the skills and competence mix of the organisation
  • Ensure that strategy is implemented to achieve sustainable revenue and surplus growth targets for re-investment.
  • Provide evidence based commercial input into PMLs GP/GMS consolidation and growth strategy ensuring that business cases and due diligence is adhered to
  • Undertake relevant market and stakeholder mapping to ensure that PML are able to maximise any revenue generating opportunities for growth and contract retention
  • Monitor tender opportunities through a variety of channels including stakeholder agendas and policies to allow PML to position itself for growth and development
  • Lead the organisations strategic business planning process and ensure all directorates are effectively engaged in this
  • Oversee PMLs finances, reporting process and procurement function representing the finance function and responsibilities of the Executive Team and Board levels.
  • Ensure that procurement activities meet the needs of the business while ensuring robust governance processes are in place
  • Own and effectively oversee PMLs financial governance process and ensure that the Board and external stakeholders are engaged and briefed on governance status
  • Provide a framework that focuses and monitors cost operational efficiency and effectiveness.
  • Develop and maintain the PML brand ensuring the values and vision are consistently represented across all forms of communication.
  • Lead and develop your team ensuring that their skills and performance is maximised to meet both PML aims and their potential in line with PML policies, values and behaviours and the PML Code of Conduct for Leaders

Person Specification

Experience

Essential

  • Demonstrated competence in providing commercial and financial leadership at a strategic level across a number of sectors including health
  • Exceptional leaderships skills in building high performing teams
  • Effective team player with the ability to inspire and bring people with them
  • Demonstrated experience of managing complex stakeholder relationships which has translated into sustainable growth and profitability
  • Strategic and operational experience in tendering and winning contract bids
  • Managing large projects in complex market conditions to time and budget within the government sector
  • Ability to effectively network at all levels to build long term relationships in a challenging health environment

Qualifications

Essential

  • MBA degree or equivalent strategic commercial experience
  • Financial awareness at strategic level

Desirable

  • CCAB Financial qualification

Skills and Knowledge

Essential

  • In depth understanding of the primary healthcare landscape and relevant legislation
  • Demonstrated knowledge across all commercial competencies including sales, marketing, stakeholder mapping, contract bidding
  • Demonstrated knowledge of challenges and issues facing primary care, federation model and potential growth areas
  • Implement a robust business development portfolio and annual planning process
  • Contract management in the health sectors

Desirable

  • Knowledge of using marketing concepts with a digital focus to gather business intelligence to meet needs of patients and clinicians

Other

Essential

  • Understanding of digital transformation in business development and leveraging organisation sustainable growth
Person Specification

Experience

Essential

  • Demonstrated competence in providing commercial and financial leadership at a strategic level across a number of sectors including health
  • Exceptional leaderships skills in building high performing teams
  • Effective team player with the ability to inspire and bring people with them
  • Demonstrated experience of managing complex stakeholder relationships which has translated into sustainable growth and profitability
  • Strategic and operational experience in tendering and winning contract bids
  • Managing large projects in complex market conditions to time and budget within the government sector
  • Ability to effectively network at all levels to build long term relationships in a challenging health environment

Qualifications

Essential

  • MBA degree or equivalent strategic commercial experience
  • Financial awareness at strategic level

Desirable

  • CCAB Financial qualification

Skills and Knowledge

Essential

  • In depth understanding of the primary healthcare landscape and relevant legislation
  • Demonstrated knowledge across all commercial competencies including sales, marketing, stakeholder mapping, contract bidding
  • Demonstrated knowledge of challenges and issues facing primary care, federation model and potential growth areas
  • Implement a robust business development portfolio and annual planning process
  • Contract management in the health sectors

Desirable

  • Knowledge of using marketing concepts with a digital focus to gather business intelligence to meet needs of patients and clinicians

Other

Essential

  • Understanding of digital transformation in business development and leveraging organisation sustainable growth

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.

Employer details

Employer name

Principal Medical Limited

Address

Principal Medical Ltd

3 Barberry Place

Bicester

Oxfordshire

OX26 3HA


Employer's website

https://www.principal-medical.co.uk (Opens in a new tab)


Employer details

Employer name

Principal Medical Limited

Address

Principal Medical Ltd

3 Barberry Place

Bicester

Oxfordshire

OX26 3HA


Employer's website

https://www.principal-medical.co.uk (Opens in a new tab)


For questions about the job, contact:

People & Culture Director

Ruta Baines

Ruta.baines2@nhs.net

Date posted

12 March 2024

Pay scheme

Other

Salary

£95,000 a year Pro Rata

Contract

Permanent

Working pattern

Part-time

Reference number

E0176-24-0009

Job locations

Principal Medical Ltd

3 Barberry Place

Bicester

Oxfordshire

OX26 3HA


Supporting documents

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