Job Title: Group Chief Financial Officer
Accountable To: Group Chief Executive
Salary: VSM Circa £200,000 – £220,000
Location: Primary base Hull Royal Infirmary, with requirement to work across all group sites on a scheduled basis.
Key Relationships: Executive Team, Group Chair, Non-Executive Directors and Trust Governors, Managerial and Clinical Leadership Teams, Staff Representatives/Networks, Regulator bodies including NHSE and CQC and strategic partners.

JOB DESCRIPTION

The Group Chief Financial Officer is a full Executive (voting) Director of the NHS Humber Health Partnership (the Group) working in partnership with Hull University Teaching Hospitals NHS Trust and Northern Lincolnshire and Goole NHS Foundation Trust and member of the unitary Group Boards, and is expected to work as part of an integrated team and take lead responsibility for strategic and corporate issues both within and external to their immediate portfolio, making a major contribution to the achievements of the Groups vision and strategic goals.

Role profile

The Group Chief Financial Officer is expected to be fully involved in a broad range of strategic, policy and tactical issues, including where necessary, taking leadership responsibility outside of areas of personal responsibility. The post holder will also be a Trustee of the Group’s charitable funds.

The Group Chief Financial Officer will be personally responsible for:

• Development of the Group’s Financial Strategy.
• Providing effective high quality Financial and Treasury management.
• Providing policy advice and support on all financial matters to the Group Board and management within the Group.
• Promoting and upholding effective governance, probity and integrity.
• Providing leadership, management and development of staff within a joint Directorate across the Group.
• Ensuring close working arrangements (including Finance Business Partners) between the Finance Department and managers and senior clinicians across the Group, so as to ensure effective joint accountability for the use of resources.
• Development and implementation of effective operation of procurement and logistics/supplies functions, policies, systems and procedures.
• Supporting negotiation with commissioners.
• Development of an organic performance management that responds to the needs of the organisation.
• Work with Executive colleagues to develop and deliver a sustainable annual Cost Improvement Programme.
• Portfolio holder for Estates, Facilities and Development, with a reporting structure of Group estates, facilities and development teams.

Key responsibilities 

Corporate responsibilities

• Contribute actively to strategic discussions, board assurance processes via its committees, corporate reports, trust performance and Board intelligence, and to develop excellent working relationships with all Board members.
• Be a role model for effective leadership within the Group, driving a positive “can-do, patient first” culture.
• Work with senior colleagues to proactively promote the Group within the wider community, building sustainable relationships with key partners.
• Provide vision, strategic direction, and technical leadership to enable the delivery of the business aims of the Group.
• Build collaborative leaders that inspire and motivate our workforce within a values- based culture.
• Drive the strategic development of the Group’s services in accordance with local health needs, business development, education and research priorities.
• Ensure activity and service objectives are effectively met in compliance with the Trusts’ Standing Orders and SFIs, scheme of delegated authority and legislation and play an active role in the overall management of the Group.
• Along with other Directors, ensure the Group’s policies and procedures are adhered to and where necessary direct changes to support the operation of the Group.
• Play a lead role in delivering the various Group wide improvement plans, with specific responsibility for estates and facilities improvements and efficiencies.
• Adhere to the standards laid down in the NHS Code of Conduct for managers and, at all times, to act in a manner that reflects and promotes the values of the Group.
• Represent the Group at regional, national, and international level as appropriate.
• Participate in the personal development review process.
• Participate in the Executive on-call rota.
• Support the statutory duties of the Group Chief Executive.

Financial Management

• Taking overall responsibility for annual income and expenditure budget setting to deliver the Group’s agreed financial objectives.
• Developing, implementing and maintaining financial and capital information systems to ensure that financial reporting is effective.
• Ensuring that there are adequate systems of financial control in place.
• Advising the Group Board on levels of capital investment each year, in line with the Group’s cash and capital strategies.
• Ensuring that the Group Board and budget holders have regular and accurate information to manage delegated budgets, providing professional advice and assistance as required.
• Actively promoting best value improvements and cost efficiencies within the Group, including ensuring that recommendations of VFM studies and audits are implemented.
• Undertaking ad hoc reviews into variations in financial performance for corporate and senior management.
• Presenting reports and analyses to the Finance and Performance Committee, Audit Risk and Governance Committee and the Group Board on financial performance and other relevant matters.
• Providing for the monitoring of charitable income and expenditure in accordance with the requirements of the Charities Act and the Constitution of the Group’s charitable entities, including the preparation of annual financial statements and reporting in prescribed formats.

Financial service role

• Developing maintaining, completing and presenting as required the Statutory Annual Accounts for each Trust in accordance with Standing Orders and Standing Financial Instructions and the requirements of regulators.
• Developing an effective Treasury Management function along with policies to ensure the safe investment of surplus cash.
• Ensuring the effective provision of financial services to the Group, including banking arrangements, the control of cash, investments and collection of income.
• Ensuring that financial and associated systems are fit for purpose.
• Preparing forecast and actual financial results of the Group, producing income and expenditure accounts, balance sheets and sources and application of funds statements and other statutory financial documents.

Financial compliance

• Ensuring that the Group monitors and reports its performance against agreed financial plans.
• Providing financial information as required routinely, or on an ad hoc basis, by regulators within prescribed timescales.

Procurement

• Leading the Group’s procurement and logistics functions.
• Developing, implementing and reviewing the Group’s Procurement Strategy.
• Developing, implementing and maintaining effective procurement systems and procedures.
• Supporting Group management in securing value for money in all of the Group’s procurements and that these procurements meet the requirements of legislative compliance controls and best practice.
• Oversight of for the procurement partnership between the two Group Trusts with York and Scarborough Teaching Hospitals NHS Foundation Trust.

Estates, Facilities and Development

• Lead the Group’s Estates, Facilities and Development teams.
• Develop, implement and review the Group’s Estates Strategy, including investment requirements and implementing an updated strategy on Net Zero 30 and sustainability across the Group.
• Developing, implementing and maintaining effective facilities management systems and procedures.
• Supporting Group management in securing value for money in all of the Group’s Estates, Facilities and Development services and that these services meet the requirements of legislative compliance controls and best practice.

Management development & leadership

• Overseeing the appointment, training and development of staff in the Directorate, in accordance with the policies and procedures of the Group.
• Retaining overall responsibility for the management and leadership of staff within the Directorate, in line with the local People Strategy and Policies.
• Contributing to management development programmes for senior, middle and junior management, particularly in relation to financial management and service performance development objectives.
• Ensuring budget holders are adequately equipped and trained for their role.
• Development of a training programme for the Directorate.

Culture, inclusion, equality and diversity

• Give patients more control over their own health and the care they receive.
• Ensure operational delivery is inclusive and addresses health inequalities, mitigating against cultural hesitancies and digital exclusion, and accelerating preventive programmes that proactively engage those at greatest risk of poor access and outcomes.
• Lead on developing a fair and inclusive values based culture that ensures equity for our staff and service users and that challenges poor behaviours.
• Be a visible champion of the Group’s Equality, Diversity and Inclusion strategy, promoting a culturally intelligent leadership style.
• Actively ensure that the organisation is meeting its statutory responsibilities in respect of equality and diversity.

This job description may be reviewed from time to time in light of developments and may be amended in consultation with the post holder.

PERSON SPECIFICATION

Education/Qualifications – assessed by certificates and interview

• Senior management experience in the NHS or equivalent experience gained in a complex organisational environment.
• Understanding of Department of Health policy.
• Knowledge and understanding of the NHS financial and commissioning processes.
• Qualified Accountant with evidence of ongoing CPD record.

Knowledge and experience – assessed by interview and assessment process

• Current knowledge of all aspects of finance, corporate governance and controls assurance.
• Sound understanding of NHS strategic change agenda and political environment.
• Sound understanding of commercial environment.
• Highly effective team worker, with both the immediate team and the broader management team.
• Effective leader with the ability to inspire confidence and respect, within and outside the organisation.
• Ability to combine high-level strategic orientation with more detailed service focus.

Skills and attributes – assessed by interview and assessment process

• Ability to lead change by influencing others.
• Evidence of collaborative working with emphasis on empowerment and partnership working.
• Commitment to the health, safety and wellbeing of staff and patients with scope of role.
• Excellent organisational and time management skills.
• Ability to negotiate and influence change.
• Pro active.
• Self-disciplined with high level of personal integrity.
• Ability to manage a complex portfolio; for this post, this is a portfolio of finance, estates, facilities and procurement services across a Group organisation.

Other – assessed by interview and assessment process

• Ability to meet requirements of CQC Regulation 5: Fit and Proper Persons Interview.