Head Of Finance – Health And Care Partnership

Job summary The Hertfordshire and West Essex Integrated Care Board (ICB) is responsible for planning and allocating resources to meet the four core purposes of the Integrated Care System (ICS), namely: to improve outcomes in population health and healthcare; tackle inequalities in outcomes, experience, and access; enhance productivity and value for money; and help the NHS support broader social and economic development.
Whilst ICSs provide an opportunity for Health and Care partners to come together at a larger footprint, partnerships at 'place' and 'neighbourhood' levels will continue to play important roles in integrating services and meeting population needs.
There is now an increased focus on system integration, collaboration, system financing and improved ability for shared decision making.
Reporting to the Associate Director - Health and Care Partnership Finance (AD-HCP), the Senior Finance Manager - Health and Care Partnership will be responsible for supporting the development the Hertfordshire and West Essex Health and Care Partnerships (HCPs) to take on delegated functions from the ICB with a focus on outcomes for local populations rather than activity; and supporting greater integration across NHS and care services.
Main duties of the job The post holder will be responsible for supporting the management of financial resources delegated to each of the place.
The post holder will support all aspects of place based financial planning including development of the long term financial plan and preparation of the annual operational plan for each place.
The postholder will engage with and support the place-based teams to have a greater understanding of the financial context within which they operate, challenges facing each place, better informed decision making and improved financial performance.
The postholder will contribute to and help shape the collaborative and effective approach to service transformation and pathway redesign, with the use of Population Health Management information, to improve outcomes and reduce health inequalities within the financial resources available.
The postholder will work in a matrix management style and foster close working relations with ICB place based teams to further develop their commissioning functions.
The job description and person specification are an outline of the tasks, responsibilities and outcomes required of the role.
The job holder will carry out any other duties as may reasonably be required by their line manager.
The job description and person specification may be reviewed on an ongoing basis in accordance with the changing needs of the Organisation.
About us NHS Hertfordshire and West Essex Integrated Care Board (ICB) is the local NHS organisation that plans and oversees how NHS money is spent and makes sure health services work well and are of high quality.
The ICB's role is to join up health and care services, improve health and wellbeing and reduce health inequalities for the million people who live in Hertfordshire and West Essex.It's an exciting time for us and we're looking for people who enjoy working in a fast-paced, vibrant environment that can help us achieve our aim.So if you share our passion for people and want to make a positive change to their health and health services then we want to hear from you.
Job description Job responsibilities The postholder will provide professional business advice and support to each of the three HCPs, ensuring that there is clear understanding of the financial position and that the financial targets are supported and delivered.
The postholder will engage with place-based system finance leads to ensure that HCP strategic and annual financial plans are developed which will ensure the most effective use of resources in the interests of improving patient safety and care.
The postholder will support the place-based system finance leads to produce joint HCP financial plan, ensuring that opportunities to achieve savings across the health and social care economy are realised.
The postholder will engage with each of the three place-based system finance leads in implementing any investment decisions and alignment of incentives and risks within each HCPs and wider system to drive transformational change.
The postholder will play a key role in the decision making around potential service change and developing new pathways supporting the associated financial modelling.
The postholder will support the evaluation of strategic investments to ensure the achievement of performance targets and long-term financial stability.
The postholder will take the lead on benchmarking and value for money reviews to ensure best practice and optimal use of resources.
Person Specification Knowledge, Training and Experience Essential Minimum academic qualification.
Must be a fully qualified accountant or qualified by experience working for many years at a very senior level Evidence of management of financial resources (planning, budgeting, forecasting, and reporting) within the organisation Evidence of experience in supporting financial and operational planning process Evidence of experience in supporting service transformation and pathway redesign Evidence of experience of financial modelling supporting investment decisions and alignment of financial incentives to drive transformational change Evidence of experience in inputting into or completing the development of business cases for strategic projects In-depth understanding of NHS financial systems, budgeting, and funding flows, including familiarity with NHS-specific regulations, tariffs, and accounting practices Communication/Collaboration and Stakeholder Management Skills Essential Strong communication skills, with the ability to collaborate effectively across departments, other organisations and with senior leadership to align team goals with organizational strategy.
Evidence of interpersonal skills, with the ability to collaborate with various stakeholders Evidence of using strong influencing skills to align stakeholders with varying priorities, advocating for finance-related decisions that promote long-term sustainability and integration objectives Analytical Skills Essential Strong capability in financial data analysis, with an understanding of how to leverage data to improve financial decision-making, efficiency, and resource allocation Data interpretation and presentation: Ability to work with large datasets, performing complex analysis and translating results into actionable insights for both technical and non-technical stakeholders Integration of Financial and Clinical Data: Ability to combine financial data with clinical outcomes and performance metrics to ensure that budgetary decisions align with service effectiveness and patient care quality Predictive Analytics for Demand Forecasting: Ability to use predictive analytics to anticipate future demand for healthcare services, allowing for more accurate budgeting and resource planning in response to demographic changes or emerging health trends.
Planning, Management & Physical Skills Essential Evidence of planning and delivering programmes and projects and services in a cost-effective manner Scenario and contingency planning: Evidence of using scenario planning and risk mitigation strategies to adapt to financial changes and uncertainties Ability to work without supervision, providing specialist advice to the organisation, working to tight and often changing timescales Proven track record of managing and leading finance teams, with responsibility for recruitment, development, and performance management Use of finance-related systems and tools: Proficient in using financial software and advanced Microsoft Office tools for analysis, reporting, and planning purposes