Invicta Health CIC

Director of Business

Information:

This job is now closed

Job summary

A fantastic opportunity has arisen for a qualified, highly motivated, experienced, and innovative leader to join Invicta Health as a key member of our Board.

The Director of Business will provide strategic leadership for all commercial and financial aspects of the business. The role will work closely with the CEO and Directors to ensure that the organisation has a clear strategic vision and will exhibit and promote collaborative leadership behaviours that uphold our values of striving for excellence, honest and fair and people first.

Interviews for the role will be held on Monday 3rd April.

Main duties of the job

This is a newly created role for the post holder to strategically lead on and be accountable alongside the CEO for all commercial and financial aspects of the business. This includes:

  • Managing and reporting on company finances
  • Oversight of business performance and management
  • Management of contracts and leading on contract meetings
  • Horizon scanning and identifying business opportunities
  • Responsible for the development of business strategy
  • Oversight of corporate assurance relating to business delivery including IT, IG and health and safety

About us

Invicta Health are a non-profit company, with a passion for primary care. We have a wide range of services such as GP surgeries, services in Urgent Treatment Centres, a Community Primary Care mental health service, GP staff training service and the list is growing all the time.

We are formed by a federation of General Practitioners working in Canterbury and South Kent Coast areas of East Kent. Our aim is to provide local, high-quality services for local people by collaborating with other established organisations in the health and social care community.

At Invicta Health we provide outstanding care to both our patients and our staff. We support staff through benefits, health and wellbeing initiatives and opportunities for personal and professional development.

We have an inclusive and supportive culture, we encourage staff to be open and honest, and use our Staff forum to ensure the staff voice is heard.

We offer a wide range of benefits including:

  • NHS Pensions
  • NHS annual leave entitlement
  • Incremental pay
  • Flexible working
  • A number of salary sacrifice schemes, including fleet car scheme
  • Employee Assistance Programme

We're committed to equal opportunities and welcome applications from a broad, diverse range of people who want to join our team. We're a Disability Confident Committed company, so we work to provide facilities, work environment adjustments and technical solutions to be as inclusive of everyone.

Details

Date posted

03 March 2023

Pay scheme

Other

Salary

£67,633.44 to £93,098.22 a year

Contract

Permanent

Working pattern

Full-time, Flexible working

Reference number

B0082-23-5963

Job locations

Innovation House

Innovation Way

Sandwich

Kent

CT13 9FF


Job description

Job responsibilities

Main Responsibilities

  • To have a clear understanding of the organisations financial performance, compliance with all financial statutory and contractual requirements.
  • To risk assess the financial and contractual position of the organisation and to be held to account by the CEO and Board for financial and performance reporting.
  • Work with the Corporate Directors to ensure a robust business approach, taking the lead on tender responses, business due diligence and assurance of external contracts.
  • Ensure active involvement in all business decisions to ensure that the immediate and longer-term financial implications, opportunities, and risks are fully considered.
  • To ensure robust a financial management and monitoring framework for Invicta Health CIC with clear guidance for managing all financial transactions within IH CIC including:

o Invoices

o Payments

o Ordering items for business use

o Maintaining assets logs

o Developing financial policies with clear Standing Financial Instructions (SFI)

o Risk management

  • To provide clear and expert advice to the CEO, Director of Operations and the Board on the full range of financial issues including financial planning, interpretation of data, risk profiling and financial processes.
  • To ensure the provision of monthly/quarterly finance and performance reports to the CEO/Board capturing year to date turnover, profit / loss per service, overhead costs.
  • To work alongside the Director of Operations to formulate and present forecasts and trajectories to improve any performance concerns, including a clear overview/dashboard of income opportunities and maximization or gaps in achievement.
  • Alongside the Director of Operations and team to ensure the undertaking of annual budget setting and planning to enable Board to make strategic decisions and manage risk.
  • Ensure that the financial and risk implications of policy initiatives are understood, analysed and options evaluated.
  • To ensure the finance team liaises regularly with the accountants to enable accurate accounting and finalising year-end accounts.
  • To ensure tight financial controls are in place and work with the Director of Operations and Head of Finance to ensure any required cost improvement plans are in place and being managed.
  • To undertake and assist with any external financial audits.
  • To support the Director of People to ensure monthly payroll is completed as required.
  • Work alongside the CEO, Director of Operations and Director of People to ensure that the organisation has a clear strategic vision and approach and recognises and manages risk effectively.

Oversight of Business Performance

  • To ensure IH has a performance reporting framework which captures and provides overview and assurance on all service contracts. The reports to include:

o Monthly performance against all CCG / NHSE / PCN KPIs and internally agreed KPIs.

o Exceptional reporting where performance does not meet expected performance with plans / trajectories to improve performance.

  • To work with the Director of Operations to ensure the review of contracts / service requirements prior to any agreement and inform Board members of any concerns.
  • Work with Director of Operations and team to ensure all data is captured and reported in a timely manner for monthly reporting.
  • To develop reports for key strategic meetings as required i.e., PCNs, practice meetings, NHSE, ICB, shareholders/AGM and any other stakeholder as required.
  • To be responsible for the business development of new services, including due diligence work and risk assessment of business developments and lead on papers to the Board for decision making re new contracts.
  • Work alongside the corporate team to ensure robust reporting to the CQC taking the lead in ensuring registration processes in place for CQC, CIC etc.

Management of Contracts

  • Work with the Director of Operations to liaise with commissioners and attend contract review meetings, presenting the organisation in a positive manner as required.
  • Working with the Director of Operations and leading in the negotiations of any contractual changes / extensions.
  • To develop a commercial report detailing all contracts with values and termination dates and identify impact/risks of loss or reduction of contract value.
  • To ensure the risk register captures any contractual concerns.
  • To oversee and manage all business support contracts i.e., property leases, insurances, business suppliers.

Maximising Business Opportunities

  • Work alongside the CEO and Director of Operations to horizon scan and keep abreast of any new business opportunities.
  • To ensure the company has a robust understanding of the business development/strategic regional and national approaches to primary/community care.
  • Develop key relationships with stakeholders to establish opportunities for business growth/development.
  • To ensure all financial flows are fully understood, oversee achievement and associated risks especially within Primary Care including QOF/IIF and PCN income.
  • To lead the development of any tender responses, coordinating relevant detail and data for across the organisation.

Information Technology & Information Governance

  • To develop, implement and keep up to date, policies, and processes for the organisation regarding information technology (IT) and information governance.
  • To be the point of contact for any contractors, undertake performance management of all external providers.
  • Work with the IT Lead to ensure our IT and systems are proficient, effective and meet our business needs.
  • Keep abreast of GDPR principles and best practice, ensuring that any changes in policy or process are implemented within the organisation.
  • Taking the lead in responding to the annual DPO audit recommendations, bringing required changes to the board for agreement.
  • Provide advice and guidance to the board on all IG matters.
  • Work with the Corporate Affairs Manager to ensure the annual toolkit is completed and submitted in a timely manner.

Communication

  • To establish and maintain effective communication and liaison with key stakeholders across the system.
  • To provide high quality reports and any other written documentation to relevant meetings as necessary, ensuring that they provide understandable detail on complex issues.

Leadership & Management

  • Oragnisational responsibility for the delivery of Invicta Healths financial strategy.
  • Develop a culture of continuous improvement, learning from others and sharing best practice.
  • Provide financial leadership, advice and support to the Head of Finance and finance team. Ensuring the finance teams are developed and remain up to date with financial best practice and legislation.
  • To line manage the finance, IT and business teams including the Head of Finance, Business Assurance & Development Manager, and IT Lead. Provide leadership, direction and motivation through objective setting, regular performance reviews, training and development.

Job description

Job responsibilities

Main Responsibilities

  • To have a clear understanding of the organisations financial performance, compliance with all financial statutory and contractual requirements.
  • To risk assess the financial and contractual position of the organisation and to be held to account by the CEO and Board for financial and performance reporting.
  • Work with the Corporate Directors to ensure a robust business approach, taking the lead on tender responses, business due diligence and assurance of external contracts.
  • Ensure active involvement in all business decisions to ensure that the immediate and longer-term financial implications, opportunities, and risks are fully considered.
  • To ensure robust a financial management and monitoring framework for Invicta Health CIC with clear guidance for managing all financial transactions within IH CIC including:

o Invoices

o Payments

o Ordering items for business use

o Maintaining assets logs

o Developing financial policies with clear Standing Financial Instructions (SFI)

o Risk management

  • To provide clear and expert advice to the CEO, Director of Operations and the Board on the full range of financial issues including financial planning, interpretation of data, risk profiling and financial processes.
  • To ensure the provision of monthly/quarterly finance and performance reports to the CEO/Board capturing year to date turnover, profit / loss per service, overhead costs.
  • To work alongside the Director of Operations to formulate and present forecasts and trajectories to improve any performance concerns, including a clear overview/dashboard of income opportunities and maximization or gaps in achievement.
  • Alongside the Director of Operations and team to ensure the undertaking of annual budget setting and planning to enable Board to make strategic decisions and manage risk.
  • Ensure that the financial and risk implications of policy initiatives are understood, analysed and options evaluated.
  • To ensure the finance team liaises regularly with the accountants to enable accurate accounting and finalising year-end accounts.
  • To ensure tight financial controls are in place and work with the Director of Operations and Head of Finance to ensure any required cost improvement plans are in place and being managed.
  • To undertake and assist with any external financial audits.
  • To support the Director of People to ensure monthly payroll is completed as required.
  • Work alongside the CEO, Director of Operations and Director of People to ensure that the organisation has a clear strategic vision and approach and recognises and manages risk effectively.

Oversight of Business Performance

  • To ensure IH has a performance reporting framework which captures and provides overview and assurance on all service contracts. The reports to include:

o Monthly performance against all CCG / NHSE / PCN KPIs and internally agreed KPIs.

o Exceptional reporting where performance does not meet expected performance with plans / trajectories to improve performance.

  • To work with the Director of Operations to ensure the review of contracts / service requirements prior to any agreement and inform Board members of any concerns.
  • Work with Director of Operations and team to ensure all data is captured and reported in a timely manner for monthly reporting.
  • To develop reports for key strategic meetings as required i.e., PCNs, practice meetings, NHSE, ICB, shareholders/AGM and any other stakeholder as required.
  • To be responsible for the business development of new services, including due diligence work and risk assessment of business developments and lead on papers to the Board for decision making re new contracts.
  • Work alongside the corporate team to ensure robust reporting to the CQC taking the lead in ensuring registration processes in place for CQC, CIC etc.

Management of Contracts

  • Work with the Director of Operations to liaise with commissioners and attend contract review meetings, presenting the organisation in a positive manner as required.
  • Working with the Director of Operations and leading in the negotiations of any contractual changes / extensions.
  • To develop a commercial report detailing all contracts with values and termination dates and identify impact/risks of loss or reduction of contract value.
  • To ensure the risk register captures any contractual concerns.
  • To oversee and manage all business support contracts i.e., property leases, insurances, business suppliers.

Maximising Business Opportunities

  • Work alongside the CEO and Director of Operations to horizon scan and keep abreast of any new business opportunities.
  • To ensure the company has a robust understanding of the business development/strategic regional and national approaches to primary/community care.
  • Develop key relationships with stakeholders to establish opportunities for business growth/development.
  • To ensure all financial flows are fully understood, oversee achievement and associated risks especially within Primary Care including QOF/IIF and PCN income.
  • To lead the development of any tender responses, coordinating relevant detail and data for across the organisation.

Information Technology & Information Governance

  • To develop, implement and keep up to date, policies, and processes for the organisation regarding information technology (IT) and information governance.
  • To be the point of contact for any contractors, undertake performance management of all external providers.
  • Work with the IT Lead to ensure our IT and systems are proficient, effective and meet our business needs.
  • Keep abreast of GDPR principles and best practice, ensuring that any changes in policy or process are implemented within the organisation.
  • Taking the lead in responding to the annual DPO audit recommendations, bringing required changes to the board for agreement.
  • Provide advice and guidance to the board on all IG matters.
  • Work with the Corporate Affairs Manager to ensure the annual toolkit is completed and submitted in a timely manner.

Communication

  • To establish and maintain effective communication and liaison with key stakeholders across the system.
  • To provide high quality reports and any other written documentation to relevant meetings as necessary, ensuring that they provide understandable detail on complex issues.

Leadership & Management

  • Oragnisational responsibility for the delivery of Invicta Healths financial strategy.
  • Develop a culture of continuous improvement, learning from others and sharing best practice.
  • Provide financial leadership, advice and support to the Head of Finance and finance team. Ensuring the finance teams are developed and remain up to date with financial best practice and legislation.
  • To line manage the finance, IT and business teams including the Head of Finance, Business Assurance & Development Manager, and IT Lead. Provide leadership, direction and motivation through objective setting, regular performance reviews, training and development.

Person Specification

Qualifications

Essential

  • Educated to Masters level or equivalent senior experience
  • Hold a recognised accountancy qualification with significant post qualification experience at a senior level
  • Evidence of continued professional development

Desirable

  • Evidence of recent management and leadership development

Experience

Essential

  • In depth knowledge of the current Primary Care agenda and challenges
  • Extensive experience post qualification in primary care or similar complex organisation
  • Previous experience in a senior finance role
  • Knowledge and understanding of primary care finances and income streams
  • Proven experience of working and contributing at board level
  • Experience of negotiation at executive level with complex and highly sensitive and contentious information
  • Significant management and professional experience
Person Specification

Qualifications

Essential

  • Educated to Masters level or equivalent senior experience
  • Hold a recognised accountancy qualification with significant post qualification experience at a senior level
  • Evidence of continued professional development

Desirable

  • Evidence of recent management and leadership development

Experience

Essential

  • In depth knowledge of the current Primary Care agenda and challenges
  • Extensive experience post qualification in primary care or similar complex organisation
  • Previous experience in a senior finance role
  • Knowledge and understanding of primary care finances and income streams
  • Proven experience of working and contributing at board level
  • Experience of negotiation at executive level with complex and highly sensitive and contentious information
  • Significant management and professional experience

Employer details

Employer name

Invicta Health CIC

Address

Innovation House

Innovation Way

Sandwich

Kent

CT13 9FF


Employer's website

https://invictahealth.co.uk/ (Opens in a new tab)


Employer details

Employer name

Invicta Health CIC

Address

Innovation House

Innovation Way

Sandwich

Kent

CT13 9FF


Employer's website

https://invictahealth.co.uk/ (Opens in a new tab)


Employer contact details

For questions about the job, contact:

Head of Workforce

Katrina Rouse

katrina.rouse@nhs.net

07729102952

Details

Date posted

03 March 2023

Pay scheme

Other

Salary

£67,633.44 to £93,098.22 a year

Contract

Permanent

Working pattern

Full-time, Flexible working

Reference number

B0082-23-5963

Job locations

Innovation House

Innovation Way

Sandwich

Kent

CT13 9FF


Supporting documents

Privacy notice

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