Deputy Chief Finance Officer & Director of Finance - Finance - Hampshire and Isle of Wight ICB

Hampshire and Isle of Wight ICB; Eastleigh; On-site; GBP 100,000 - 125,000; Full time

Job summary

A regional health authority in the UK is seeking a Deputy Chief Finance Officer & Director of Finance to oversee the financial strategy and management of the organization. The ideal candidate will possess a Master's degree and experience in a financial leadership role. This position offers significant responsibility in shaping the financial direction of health services while ensuring effective use of resources. Additional benefits include 27 days of paid holiday, sick pay, and flexible working options.

Benefits

27 days paid minimum holiday

Sick pay policy

Occupational health services

Flexible working policies

Flexible retirement options

Qualifications

• Educated to degree level with a Master's qualification.
• Experienced at working in a collaborative decision-making group.
• Director level experience of managing successful teams.

Responsibilities

• Develop the financial plan and strategy for the ICB.
• Lead on ICB internal financial plan and strategy.
• Ensure financial management and reporting across the ICB.

Skills

Financial management

Strategic planning

Team leadership

Communication skills

Analytical thinking

Education

Master's degree or equivalent

Full qualification in CCAB or CIMA

Job description

Deputy Chief Finance Officer & Director of Finance

Job overview

The Deputy Chief Finance Officer & Director of Finance (DoF) will be accountable to the Chief Finance Officer (CFO) for all aspects of the role.

This role will lead the core internal finance team and be responsible for the delivery of the ICB financial plan including managing the delivery of internal CIPs. The role will be responsible for the developmental aspects of all ICB finance issues including financial principles and strategy; utilisation of data and information to deliver financial improvement; develop significant cost improvement plans and link into the Improvement process to enable performance improvement; benefits realisation and impact modelling; payment and contractual development.

Support the Chief Finance Officer to create financial improvement across the ICS and work with provider CFOs to ensure maximum benefit and best value for the population through the investment of NHS Hampshire and the Isle of Wight Board financial resources.

Provide high quality professional advice on finance to the ICS and support the ICS in prioritising where best to focus collective resources to improve the value of services provided to the population and to make efficiency and performance improvements across the system.

Salary can be reviewed as commensurate with experience, due to specific skillset requirements and the strategic importance of the role.

Main duties of the job

Work as part of the Senior Financial Leadership Team to develop the short, medium, and long-term financial plan and strategy for the ICB and the ICS to focus on a return to surplus for the ICB and the ICS in NHS Hampshire and the Isle of Wight.

Accountable to the Chief Finance Officer as lead on the ICB internal financial plan and strategy and ongoing financial sustainability aiming to increase value to the population and reduce cost. The intention being to deliver a sustainable surplus within the ICB. Working with the Director of Strategic Finance to develop and Deliver a sustainable

Ensure financial management, CIP delivery and reporting across the ICB including core corporate budgets, programme costs, with particular attention to prescribing and all age continuing care.

Accountable for delivery of financial statements for audit and publication in accordance with statutory and regulatory requirements with the Director of Strategic Finance ensure that ICS-wide financial principles are developed and maintained to ensure consistency across the system in decision making and service provision.

Lead on developing an effective approach to the use of Management information drive financial performance & decision making by service transformation and pathway redesign.

Liaise with NHS England and Improvement to ensure appropriate assurance of the ICB and ICS financial model.

Working for our organisation

We aim to be a model employer by embedding best HR practice and to support new ways of working.

We pride ourselves on offering good working conditions, lifelong learning, fair pay and benefits, staff involvement and a balance between work and personal life.

We enjoy a forward thinking and innovative culture and our vision is to have healthy people, living healthy lives in healthy communities. We understand the only way to deliver this is to have the right people with the right skills.

Here is a summary of some of the benefits and services which are on offer to staff:

• 27 days paid minimum holiday and bank holiday entitlement
• Sick pay policy
• Occupational health services including staff counselling services
• Flexible working and family friendly policies
• Flexible retirement and retirement vouchers

Successful candidates will be subject to a six-month probationary period.

Detailed job description and main 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 to translate 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.

Person specification

Knowledge, Training and Experience

• 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

• 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

Please note the following before applying:

1. We reserve the right to amend the closing date based on the volume of applications received. Vacancies attracting a high volume of applications may therefore close earlier than advertised.

2. In compliance with Part 7 of the Immigration Act 2016, all applicants must be able to communicate fluently in English to an appropriate standard which will be assessed as part of the selection process.

3. As a Disability Confident Employer we are working to create a workplace that enables all staff to reach their full potential. As an ICB, we value diversity and are committed to the recruitment and retention of underrepresented minority groups. We welcome applications from black, Asian and minority ethnic candidates, LGBTQ+ candidates and candidates with disabilities.

4. If you are successful and are joining from a non-NHS background, there will be an expectation that you will be engaged from the bottom of the pay band. If you would like to review the Agenda for Change pay scales in more detail and to view other benefits of working in the NHS, please visit the Agenda for Change website for further details.

5. New employees to the ICB will be subject to a probationary period of six months (some exemptions apply, please refer to the ICBs policy for full details).

We encourage and support our staff to be fully vaccinated against Covid-19 as this remains the best way to protect ourselves, our families, our colleagues, and patients from the virus.

We recognise that some candidates for accessibility reasons may use software to support their application. At our Organisation, our selection process ensures we recruit candidates with the right skills and values. We monitor applications and remain alert to misuse that misrepresents abilities including the inappropriate use of AI.

Employer certification / accreditation badges

You must have appropriate UK professional registration.

The postholder will have access to vulnerable people in the course of their normal duties and as such this post is subject to the Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975 (Amendment) (England and Wales) Order 2020 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service to check for any previous criminal convictions.

Please reach out to Lindsay Jones, Director of Finance, on [emailprotected] for an informal chat about the role.

Additional contact: Please contact Melissa Pascoe, Executive Assistant to the Deputy CEO and CFO, who would be able to assist on melissa.pascoe@nhs,net