Overview

The Director of Finance (DoF) will be accountable to the Chief Finance Officer (CFO) for all aspects of the role. The DoF will lead the core internal finance team and be responsible for the delivery of the ICB financial plan including managing the delivery of internal CIP s. The role covers developmental aspects of all ICB finance issues including financial principles and strategy; utilisation of data and information to deliver financial improvement; development of significant cost improvement plans and linking into the Improvement process to enable performance improvement; benefits realisation and impact modelling; and payments 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 financial advice to the ICS and support prioritisation of where best to focus resources to improve the value of services and deliver efficiency and performance improvements across the system.

Key responsibilities

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 with a focus on returning to surplus.

Accountable to the CFO as lead on the ICB internal financial plan and strategy and ongoing financial sustainability, aiming to increase value to the population and reduce cost; deliver a sustainable surplus within the ICB.

Develop and deliver 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.

Lead the preparation of financial statements for audit and publication in accordance with statutory and regulatory requirements; develop ICS-wide financial principles to ensure consistency in decision making.

Lead on using management information to drive financial performance and decision making through service transformation and pathway redesign.

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

Develop the sustainability and efficiency programmes for Hampshire and the Isle of Wight ICB to achieve value for money; standardise ICB-wide financial benefits realisation and impact modelling to support transformation.

Support organisations in financial distress in developing recovery plans and develop appropriate costing systems to support performance improvement.

With the Director of Strategic Finance, lead on payment and contractual reforms to meet future system needs; allocate funding fairly across the ICS in light of tariff and financial architecture changes.

Provide leadership, advice, and clear financial reporting to enable ICB decision making and option appraisal.

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

Person SpecificationKnowledge, Training and Experience

Essential

Educated to degree level with a Masters or equivalent postgraduate qualification or equivalent level of relevant specialist knowledge or management experience

Evidence of continuing professional development

Full qualification in one of the CCAB bodies or CIMA

Experience in collaborative board-level decision making and managing successful teams

Experience of managing budgets in a complex, multi-organisational environment and communicating complex financial matters clearly

Proven track record in procurement, contracting and performance management in large/complex organisations

Ability to build relationships across organisations and lead on contentious issues across boundaries

Understanding of health trends and NHS governance and assurance requirements

Knowledge of NHS and social care financial regimes and value for money principles

Attributes and Competencies

Essential

Demonstrates values of quality, teamwork, care and compassion, dignity, respect, openness, honesty and responsibility

A self-motivated team player with strong networking skills

Strong influencing, negotiation, and leadership abilities

Ability to work collaboratively to develop and evaluate policy and strategy

Good time management with the ability to manage multiple agendas and meet deadlines

Other informationDisclosure and Barring Service (DBS) checks may be required; post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975. Applicants must have current UK professional registration. See the NHS Careers website for details.

Employer detailsEmployer: Hampshire and Isle of Wight ICB (104)

Location: Omega House, Eastleigh, SO50 5PB

Website: https://www.hantsiowhealthandcare.org.uk/icb

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