Chief Finance Officer

Job summary

We are seeking a values-led chartered accountant and experienced finance leader with excellent strategic knowledge, combined with an ability to balance the operational demands of a medium sized enterprise. A confident communicator, you will be adept at building strong relationships with internal and external stakeholders at all levels, including contributing effectively to a unitary Board environment. Prior experience of working directly with the NHS is a must, although we will also consider candidates who have done so in either a non-executive or advisory capacity and so we are open to candidates from a range of backgrounds.

We are encouraging both experienced Finance Directors who are keen to join an innovative social enterprise, as well as emerging leaders looking to step into your first executive director role. Whatever your background, you will share our passion for providing exceptional patient care and be excited about the opportunity to drive improvement in a complex and highly rewarding setting.

Main duties of the job

As a member of the companies Executive Board the post is responsible to ensure the effective financial management and governance of the IC24 Group.

This roles purpose is to:

Develop a group wide of financial strategy and a culture of strong financial management.

Maintain strong financial systems and processes to ensure the quality and reliability of financial data.

To ensure the effective financial reporting for the IC24 Group.

To lead the annual financial planning cycle of the organisation to enable a realistic and balanced budget.

To manage relationships with financial regulators and Auditors

To coordinate the financial structures of group companies and their integration into the parent.

The position is responsible for the operation of Company Secretary and corporate governance functions as well as the organisations procurement function.

About us

We are Integrated Care 24 (IC24), the leadingnot for profit Social Enterprise providing innovative and patient focusedprimary care services. IC24 is committed to improving access to health andsocial care for our patients and reducing the demand on secondary careservices. IC24 provides services to over 6 million patients, including GP ledout-of-hours services, NHS 111, primary care and secondary care supportservices.

We are an independent, employee-owned socialenterprise with the values of Innovation, Care, Excellence and Respect at ourheart. Any surplus we make is reinvested to support improved patientexperience. We were the first social enterprise in the UK to be awardedthe prestigious Gold Mark status, which recognises excellence in a range ofareas, such as governance and transparency. We are one of only fivesocial enterprises in the UK to hold this award.

This is an exciting time for us. Whilethe commissioning landscape will remain challenging for all organisations overthe coming years, we continue to expand our 111 service and are investing inCLEO Systems, our commercial healthcare ICT subsidiary, with the aim ofimproving the effectiveness of the whole of the UK primary, secondary, urgentand emergency care sector. We have also invested in a growing number ofGP primary care practices which are joining us with a view to using the benefitsof scale and innovation to drive improvement for patients.

Job description

Job responsibilities

JOB PURPOSE

As a member of the companies Executive Board the post is responsible to ensure the effective financial management and governance of the IC24 Group.

This roles purpose is to:Develop a group wide of financial strategy and a culture of strong financial management.

Develop a group wide of financial strategy and a culture of strong financial management. Maintain strong financial systems and processes to ensure the quality and reliability of financial data. To ensure the effective financial reporting for the IC24 Group. To lead the annual financial planning cycle of the organisation to enable a realistic and balanced budget. To manage relationships with financial regulators and Auditors To coordinate the financial structures of group companies and their integration into the parent. The position is responsible for the operation of Company Secretary and corporate governance functions as well as the organisations procurement function.

KEY RESPONSIBILITES AND ACCOUNTABILITIES

Strategic Management

To play a full role in a maintaining a unitary Board approach to the management of the company. As a member of the IC24 Board, provide commercial, financial and governance leadership at a strategic level. To participate within the Executive Team in forward planning and the effective daily organisation and delivery of all our activities both financial and operational. Responsible for the groups financial planning and budgeting including production of long-term forecasts to inform the strategic direction of the organisation. Responsible to promote a strong governance culture of continuous improvement in Board processes. Financial Management To ensure suitable systems, process and policies are in place to ensure effective control of assets and provision of accurate financial information. To deliver the effective financial management required to control all capital and revenue budgets, including the monitoring of cash. To ensure true and fair timely financial reporting with a suitable level of detail and analysis to enable effective decision making. To lead on the financial aspects of any strategic projects aimed at achieving growth. To have an overview of the activities and budgets for each department and their alignment with the annual plan. To ensure the procedures laid down in the organisations financial regulations are adhered to. To Monitor and control the quality and cost-effectiveness of services provided by the organization to ensure high standards and value for money. To oversee all tax and audit interactions including the delivery of accurate annual accounts. Contracts and Tendering To lead on the financial aspects of all large tender responses and contracts, Ensure that new and existing contracts for NHS Services are financially viable and fit with the IC24 financial strategy Advising and assuring the Exec Team and Board on the financial aspects of all supply chain contracts Ensuring compliance with procedures and policies for procurement within IC24 Ensure strong procurement support to enable effective efficient purchasing including the negotiation of preferred supplier terms for agency workers in conjunction with the COO Governance To carry out the function of Company Secretary Be responsible for ensuring the company is compliant with all Companies House and other regulatory requirements ( Modern Day Slavery) To ensure governance processes are reviewed and improved to enable good governance that meets suitable recognized standards ( charity standards) To manage the end of year company returns and ensure the annual general meeting is fully compliant with company law. To ensure suitable process and systems exist to allow reporting of conflicts of interest. People Management & Leadership To develop a finance team that are outward facing and partner with the organisations operational management teams delivering strong financial and business advice. To lead the finance team and establish a high performing team environment for colleagues to work together to deliver the departments annual plan. To work with colleagues within the department and the wider organisation to develop their knowledge and financial understanding and skills to benefit the organisation and the individual.

Delivery of

High quality financial information and advice to Managers to support decision making. Strategic financial information and advice to the Board. Ensure the organisation is compliant with internal and external financial policies and procedures. Deliver an efficient and effective Payroll Service for the organisation.

Other Duties

Carry out any function of a Board member as is required to enable the company to deliver safe, effective and efficient patient focussed services. Any other functions as required from time to time as delegated by the Chief Executive Officer. COMMUNICATION AND KEY WORKING RELATIONSHIPS

The post holder must be a highly skilled communicator with the ability to engage and build relationships internally and externally. They should be able to demonstrate excellent communication and interpersonal skills building and maintain good working relationships with stakeholders including the following:

IC24 Board and Executive Team Finance Team Operational and Clinical management and other Central Service teams Commissioners Other health providers (including voluntary sector providers and social services) Regulators (NHSi, HMRC) Auditors (internal and external) Other stakeholders suppliers Patient participation groups Person Specification

Qualifications

Essential

Qualified Accountant - CIMA/ACCA

Knowledge Skills and Abilities

Essential

Knowledge of local and national NHS issues or proven ability to learn about these detailed and complex issues Hands on and proven track record of operating in a fast-moving environment. Strong communicator and able to adjust style The ability to partner with colleagues internally and externally and build relationships. Confidence in presenting financial results and strategy to internal and external stakeholders Rational and analytical ability to challenge and develop strategy. The ability to motivate and inspire others The ability to be able to navigate the public and political arena of health

Desirable

Knowledge of Company secretary reporting requirements.

Experience

Essential

Significant experience within a customer focused, fast moving, complex organization Experience of tenders and business development Previous experience working within an organization with a turnover in excess of £50m.

Desirable

Significant experience of working at Board level Working at a strategic level within the health Economy 5 years' experience within an NHS trust or similar organisation Breadth of experience from various sectors

General

Essential

A driven and ambitious individual who will have the tenacity and understanding needed to develop and deliver the financial strategy A flexible and adaptable approach with a willingness to work outside normal hours Demonstrates honesty and integrity in all matters Able to coach and influence colleagues at all levels A respected and credible business partner who focusses on finding solutions for challenging problems

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