Job summary
Cambridgeshire & Peterborough Integrated Care Board is seeking to appoint a Chief Finance Officer to join its Executive Team. Working alongside the Chief Executive Officer (CEO) and the other executive leaders, you will work together with the ICB Board and service providers to ensure our Integrated Care System makes a real impact on the residents of Cambridgeshire & Peterborough, by delivering on its ambitions.
As CFO, you will work together with the Integrated Care Board (ICB) and service providers to ensure that our Integrated Care System (ICS) makes a real impact on the residents of Cambridgeshire & Peterborough by delivering on its ambitions, including the reduction of health inequalities. You will be joining an ICB that has worked diligently to submit break even plans for two consecutive years and you will have the opportunity to build on this performance.
Main duties of the job
The impact ofthis role is critical for the ICS and working together with the CEO you willlead the maximisation of the public pound, ensuring all actions are respectfulof our duties and balanced with our ambitions.You will ensure we are doing what we said in our plans throughtransparent and fair challenge. You willwork closely with the MD for strategic commissioning, set clear financial, digitaland estates strategies and robust close management to plans, ensuring allresources within the ICS are used to maximise improved outcomes and access forresidents.
You willcreate and inspire a smart engaged team of people who work in a strongorganisation with practical and simple policies and procedures. As a leader you will ensure we are holdingtrue to our values, statutory obligations and following population health bestpractice. As a manager you will ensurestrong process and rigorous governance is applied with pragmatism.
About us
NHS Cambridgeshire & Peterborough is an Integrated Care Board (ICB) and the statutory NHS organisation responsible for planning and delivering local health and care services to the population and communities of Cambridgeshire & Peterborough.
Working collaboratively with partner organisations, including the VCSE sector, it oversees the commissioning, performance, financial management and transformation of the local NHS, as part of Cambridgeshire & Peterborough Integrated Care System (ICS).
We are passionate about creating an inclusive workplace that promotes and values diversity. We know through experience that different ideas, perspectives and backgrounds create a stronger and more creative work environment that delivers better patient outcomes. We welcome applications irrespective of peoples age, disability, sex, gender, identity and gender expression, race or ethnicity, religion or belief, sexual orientation or other personal circumstances.
We are a predominantly home based organisation. Some roles within the ICB are not suitable for the sole use of public transport and / or where there is a long journey from home to where work routinely takes place.
Date of Interviews :
- 23rd January 2025 Stakeholder Panel
- 24th January 2025 Interview Panel
Job description
Job responsibilities
The below is just an excerpt. Please see the JD / PS in the Additional Supporting Information attached to this advert for the full Job Description. Thank you.
The CFO will be required to ensurethat the ICB meets the financial targets set for it by NHS England and NHSImprovement, including living within the overall revenue and capitalallocation, and the administration costs limit.Jointly with other system partners, the Executive Director of Finance isresponsible for ensuring that the integrated care system (ICS) delivers itsfinancial targets.The CFO will support the developmentand delivery of the long-term plan of the ICB.They will ensure this reflects and integrates the strategies of allrelevant partner organisations of the ICS, with a particular focus on developinga shared financial and resourcing strategy.As a member of the unitary board, eachboard director is jointly responsible for planning and allocating resources tomeet the four core purposes of integrated care systems (ICSs),o to improveoutcomes in population health and healthcare;
o tackleinequalities in outcomes, experience, and access;
o enhanceproductivity and value for money and
o help the NHSsupport broader social and economic development.
The CFO will be responsible fordeveloping the finance strategy for the ICS to support the board in achievingthese aims, including consideration of place-based budgets, and making use ofbenchmarking to make sure that funds are deployed as effectively as possible.Youwill be managerially responsible for the following functional areas :oStrategicfinance and operational financial performance
oFinancialassurance and controls
oCapitalmanagement
oAudit
oEstates
oSpecialisedCommissioning
oIT& Infrastructure
KeyAccountabilities
The CFO reports directly to the ICBCEO and isprofessionally accountable to the NHS England Regional finance director.
As thestrategic financial lead, the CFO is accountable for all matters relating tothe financial leadership and financial performance of the ICB.The CFO willalso be responsible for ensuring that the ICB implements a robust financial strategy andfor ensuring that system resources are effectively deployed and used to providethe best possible care for the population.The CFO will also be responsible andaccountable for a wider portfolio including estates strategy, IT and ITinfrastructure, and specialised commissioning.The CFO along with other executivemembers of the ICB will have an influential executive role and sharedaccountability for the development and delivery of the long-term financialstrategy of the ICB, ensuring this reflects and integrates the strategies ofall relevant partner organisations within the ICS.The CFO will be responsible forbuilding partnerships and collaborating with wider ICS system leaders includingprovider collaboratives, public health, primary care, local government,voluntary and community sector, other partners and local people to make real transformationaldifferences for the population through local, regional and national forums.They will provide financial leadershipand influence across the ICS to ensure that opportunities to drive improvementsin population outcomes which includes collaborating and providing financialleadership with key partners (across health, care and wider) to break downbarriers, drive innovation and achieve agreed deliverables.Alongside other members of the ICB,you will ensure that population health management, innovation, and research,supports continuous improvements in health and well-being.They will influence and workcollaboratively as part of a wider system to create opportunities to makesustainable long-term improvements to population health with key partners. This may include developing approaches whichare non-traditional in nature, ambitious and wide reaching in areas whichincorporate the wider determinants that have an impact on improving clinicaloutcomes, better life outcomes and reducing health inequalities for thepopulation of the ICS.The CFO isprofessionally accountable to the NHS England regional finance director and mayfrom time-to-time be formally requested to act on behalf of NHS England on keyperformance, monitoring, and accountability matters. This will include the identification of keyfinancial risks and issues related to robust financial performance andleadership and working with relevant providers and partners to enablesolutions.As a qualified accountant, individualsin these roles will be accountable for their own practice and conduct in therole.Setting strategy and delivering long-term transformationThey will be responsible forinfluencing and contributing to the ICB plans and wider system strategies ofthe ICS, with the aim of driving innovation in clinical outcomes, reducinghealth inequalities and achieving better life outcomes across the ICS. This will include creating and influencingleadership relationships and wide scale system change to ensure that the ICBacts as an enabler to harness system development opportunities to improve thepopulation health of the ICS.As a system leader, they will provideleadership across organisational and professional boundaries to lead andfacilitate transformational change for the ICS population.They will ensure that the ICBinfluences and seeks input from wider ICS system leaders including providercollaboratives, public health, primary care, local government, voluntary andcommunity sector, other partners and local people to make real transformationaldifferences for the population through local, regional and national forums.They will support the production anddelivery of a five-year ICB plan with the key aim to produce a financial andresources strategy aimed at improving clinical outcomes, better life outcomesand reducing health inequalities, working with the chief executive officer,other board members, partners across the ICS and the local community.This will include the interpretationand implementation of the NHS Long Term Plan, contracting and performancestandards and other national strategic priorities.They willensure that there are effective mechanisms for anticipating, identifying, andresponding to key financial risks (including risk sharing arrangements) thatcould impact on the successful delivery of the ICB strategy.They will also establish appropriategovernance structures (with NHS partners in the ICS) to deliver on thecollective requirement of system financial balance and risk sharing.They will also be responsible fordeveloping the necessary financial and performance leadership and functions toensure the delivery of the ICB financial strategy including leading andinfluencing the development of a diverse group of leaders to enhance theopportunities for collaboration across the ICS.They will be accountable for theproduction and delivery of a robust supporting financial strategy that deliverseffective use of system resources to deliver improvements in outcomes inpopulation health and healthcare; tackle inequalities in outcomes, experience,and access; enhance productivity and value for money and help the NHS and ICSpartners support broader social, economic, and environmentally sustainabledevelopment.They will aim to influence systemleaders to ensure that there are effective mechanisms for anticipating,identifying, and responding to key contracting, performance and widerorganisational risks that could impact on the successful delivery of the ICS strategy. This will include engaging with systemleaders from across the ICS to drive research, innovation, quality improvement,patient safety and population health outcomes from a risk-based approach acrossthe ICS footprint.They willdirect the strategic estate portfolio, to ensure all new estate development isaligned to new models of care. Also, that all new builds are multi-useand maximise the public estate already available.They will oversee the IT infrastructure for thesystem.Buildingtrusted relationships with partners and communitiesSuccess in this role is dependent uponthe implementation and performance of a robust financial strategy for the ICBincluding ensuring the effective use of system resources through strongcollaborative system decision-making.Ensuring and influencing strategiccollaboration with ICS partners, clinical and care leaders across health andcare at all levels of the system, this role will develop a collective strategicfinancial leadership approach for the ICB and place-based use of resources,through the effective and efficient use of ICB allocations and commissioningopportunities to meet the needs of the system population.Manage and monitor in year delivery ofICS partners plans including robust recovery plans and negotiating positionsLeadingfor social justice and health equality
Reducing health inequalities is a coreobjective of the ICB and the CFO will foster a culture in which equality,diversity, inclusion and allyship are actively promoted across the ICS.They willdrive innovative data evidenced change on behalf of the ICB and on behalf ofNHS England and NHS Improvement focusing on ensuring that inequalities acrossthe system are addressed.Promoting andenhancing strategic approaches to further develop personalized care locally sothat the ICB achieves the best possible health and care for its communities.Ensuring the population needs are met through the appropriate allocation of resources in a system role, utilizing close working relationships with system partners to ensure investment and performance of resources is effective in assisting to reduce health inequalities across the ICS.Person Specification
Qualifications
Essential
1. Qualified AccountantExperience
Essential
1. Extensive leadership experience of financial risk management and planning.2. Track record of embedding and maintaining strong financial controls and probity.3. Clear track record in the executive leadership of contracting and procurement services.4. Clear track record of holding legal accountability as part of a board.5. Ongoing learning to ensure you have the capability to do the role you have been doing.Knowledge, Skills, and Attributes
Essential
1. Commitment to listen to different views and opinions to drive better results.2. Clear strong communication, both verbal and written3. An ability to simplify and explain complexity and risk.4. Prove your ability to learn and adapt quickly to the implementation of new financial frameworks.5. Openness and transparency in interpreting financial positions
