Director of Finance

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

The Director of Finance 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 resource to improve the value of services provided to the population and to make efficiency and performance improvements across the system.

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.

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
• NHS pension scheme
• Sick pay policy
• Occupational health services including staff counselling services
• Flexible working and family friendly policies
• Flexible retirement and retirement vouchers
• Health Service Discounts – offers for stores, travel, equipment etc.

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

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.

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