Newham Health Collaborative

Finance Director

Information:

This job is now closed

Job summary

Finance Director 0.6WTE (contractor applicants can apply)

Pay range from £89k to £96k incl. HCAS per annum pro rata, with option to increase to circa £100k for an extraordinary candidate or competitive contractor day rate (Outside of IR35).

Newham Health Collaborative (NHC) is a Community Interest Company and GP Federation for the 43 GP practices in Newham. We currently have a turnover of approximately £8m and a staff team of around 100 staff.

This is a great time to join NHC as we look to expand the strong foundation built by the current Finance Director(FD). The successful candidate will be working with established finance systems and processes with a significant amount of automation implemented by the current FD.

The post holder will be an experienced fully qualified accountant who understands healthcare and the primary care landscape but ideally will also have experience of running their own business or the knowledge of how small company accounts are maintained. As a Community Interest Company we are financially independent and are externally audited.

We anticipate this role can be managed on a 0.6 wte (2-3 days a week) but we are open to options around how this is discharged. Flexible and remote working options are also available for discussion.

The closing date for cvs and cover letters is 11.10.23, however we reserve the right to close the advert earlier due to volume of applications.

Main duties of the job

This role is crucial to our business development as well as ensuring our financial probity. As part of our senior leadership team you will help develop and drive the business overseen by our GP led Board. We have a small Finance team of 3.8 wte staff who are experienced and dedicated. The team is supported by a strong senior leadership team at NHC and a strong enabling board.

Please review the attached Job Description and Person specification before submitting your CV and covering letter setting out how you meet the requirements in application for this position.

About us

Newham Health Collaborative CIC (NHC) is a GP federation representing all the GP practices within the Newham borough boundaries. This covers a population of approximately 400,000 patients. We are established as a Community Interest Company, wholly owned by our 43 GP practice members. We invest any surplus we secure into services for primary care and our patients.

As a Community Interest Company, we have our own terms and conditions, and additionally our staff can access the NHS Pension Scheme, 27 days annual leave, flexible working arrangements, and training opportunities. We are proud to have a diverse workforce and to maintain that we welcome applications from all sectors of the community.

Although Covid vaccinations are no longer a mandatory requirement within the NHS, NHC continue to encourage and support the vaccination uptake as this remains the best line of defence against Covid19. The safety of our staff and Newham's patients is a top priority for us at NHC.

Details

Date posted

15 September 2023

Pay scheme

Other

Salary

Depending on experience £89k to £100k per annum incl HCAS pro rata

Contract

Fixed term

Duration

2 years

Working pattern

Part-time, Flexible working

Reference number

E0006-23-0038

Job locations

1st Floor Vicarage Lane Health Ctr

10 Vicarage Lane

Stratford

E15 4ES


Job description

Job responsibilities

We are seeking an experienced Finance Director to lead our team and support the Board and Chief Executive oversight of the management of our finances.

Primary Responsibilities include:

  • Lead the oversight of all organisational finances, lead on all aspects of financial planning and supervising the function and finance staff within the federation
  • To lead the NHC financial planning and policies in respect of good financial management.To be a member of the Senior Leadership Team.- bringing understanding of the financial implications of decisions and actions of senior colleagues.
  • Provide expert advice and analysis to Board members and the Senior Leadership Team in respect of financial performance, financial forecasts and risks, service reporting, and contract KPIs
  • Provide regular Board reports on finance and service performance
  • Provide the Senior Leadership Team with monthly financial management reports
  • Support the Senior Leadership Team to undertaken business planning and development activities

Job description

Job responsibilities

We are seeking an experienced Finance Director to lead our team and support the Board and Chief Executive oversight of the management of our finances.

Primary Responsibilities include:

  • Lead the oversight of all organisational finances, lead on all aspects of financial planning and supervising the function and finance staff within the federation
  • To lead the NHC financial planning and policies in respect of good financial management.To be a member of the Senior Leadership Team.- bringing understanding of the financial implications of decisions and actions of senior colleagues.
  • Provide expert advice and analysis to Board members and the Senior Leadership Team in respect of financial performance, financial forecasts and risks, service reporting, and contract KPIs
  • Provide regular Board reports on finance and service performance
  • Provide the Senior Leadership Team with monthly financial management reports
  • Support the Senior Leadership Team to undertaken business planning and development activities

Person Specification

Qualifications

Essential

  • Evidence of a strong education to Degree level standard or equivalent work experience
  • Qualified Accountant, ACCA or equivalent qualification
  • Evidence of a commitment to continuing professional development

Desirable

  • Recognised Project Management qualification

Experience

Essential

  • Previous experience in a similar role of Finance Director, managing multiple projects on time, and with associated reporting.
  • Experience of leading a finance team, with managerial oversight for staff
  • Experience of directly managing staff and pay and non-pay budgets
  • Aptitude and confidence of working with a rapidly changing environment.
  • Healthcare knowledge including knowledge of primary care provision.
  • Experience of managing contracts and oversight of systems to ensure KPIs are met
  • Experience of working with senior colleagues as part of a collective management team
  • Experience of IT finance systems - strong familiarity with Microsoft Office and Xero financial system
  • Experience working in an environment where influencing clinical or other professional leaders through data is key to success

Desirable

  • Knowledge and experience in the use of project methodologies / service redesign principles/tools, change management and innovation in practice.
Person Specification

Qualifications

Essential

  • Evidence of a strong education to Degree level standard or equivalent work experience
  • Qualified Accountant, ACCA or equivalent qualification
  • Evidence of a commitment to continuing professional development

Desirable

  • Recognised Project Management qualification

Experience

Essential

  • Previous experience in a similar role of Finance Director, managing multiple projects on time, and with associated reporting.
  • Experience of leading a finance team, with managerial oversight for staff
  • Experience of directly managing staff and pay and non-pay budgets
  • Aptitude and confidence of working with a rapidly changing environment.
  • Healthcare knowledge including knowledge of primary care provision.
  • Experience of managing contracts and oversight of systems to ensure KPIs are met
  • Experience of working with senior colleagues as part of a collective management team
  • Experience of IT finance systems - strong familiarity with Microsoft Office and Xero financial system
  • Experience working in an environment where influencing clinical or other professional leaders through data is key to success

Desirable

  • Knowledge and experience in the use of project methodologies / service redesign principles/tools, change management and innovation in practice.

Disclosure and Barring Service Check

This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.

Employer details

Employer name

Newham Health Collaborative

Address

1st Floor Vicarage Lane Health Ctr

10 Vicarage Lane

Stratford

E15 4ES


Employer's website

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

Employer details

Employer name

Newham Health Collaborative

Address

1st Floor Vicarage Lane Health Ctr

10 Vicarage Lane

Stratford

E15 4ES


Employer's website

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

Employer contact details

For questions about the job, contact:

Shahbaz Bhutta

shahbaz.bhutta@nhs.net

Details

Date posted

15 September 2023

Pay scheme

Other

Salary

Depending on experience £89k to £100k per annum incl HCAS pro rata

Contract

Fixed term

Duration

2 years

Working pattern

Part-time, Flexible working

Reference number

E0006-23-0038

Job locations

1st Floor Vicarage Lane Health Ctr

10 Vicarage Lane

Stratford

E15 4ES


Supporting documents

Privacy notice

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