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- Tasks: Lead financial strategy and investment for Greater Essex, driving impactful resource management.
- Company: Greater Essex Combined County Authority, transforming governance and service delivery.
- Benefits: Competitive salary, flexible working arrangements, and the chance to shape regional development.
- Why this job: Make a real difference in your community while advancing your finance career.
- Qualifications: Master's degree or equivalent experience in finance, with strong leadership skills.
- Other info: Join a dynamic team focused on innovation and collaboration.
The predicted salary is between 108029 - 127079 Ā£ per year.
Salary Information: Temporary up to Ā£1,000 per day (Umbrella, Inside IR35) or FTC/Secondment Ā£108,029 to Ā£127,079 per annum, pro rata to 0.4FTE.
Greater Essex is entering a transformative period through devolution, aimed at simplifying governance, improving service delivery, and empowering communities.
Role Overview: As Chief Financial Officer you will provide whole-organisational financial leadership, working collaboratively with leaders from within the mayoral authority, with government, and across the Greater Essex system to ensure the organisation's strategic ambitions are underpinned by robust financial planning and sustainable resource management. You will play a key role in raising the profile of Greater Essex and the East region at national and international levels, working across the public, private, and not-for-profit sectors to drive inward investment, secure funding from government, and ensure value for money in all financial commitments. Operating in a dynamic environment, you will lead on financial policy development and oversee the financial dimensions of a diverse portfolio of services including Economic Growth, Employability and Skills, Transport, Housing, Climate, and Public Safety.
As a key member of the Senior Leadership Team, you will enable the mayoral authority to develop the cultural behaviours for agility which drives the realisation of opportunities to scale at pace and help shape a dynamic, agile, and forward-thinking organisation that is responsive to local needs.
Role Accountabilities
- Develop the investment strategy and frameworks to ensure the most impactful application of available funds and resources.
- Lead work with senior leadership to generate income and investment to fund the Combined Authority's programmes.
- Drive decisions regarding investments and proposed spending within the various portfolios to align with strategy and plans.
- Develop and manage the commercial strategy, relationships and stakeholders across the region to deliver best value and achieve financial and investment generation aims.
- Provide commercial leadership, developing best practice procurement, commissioning and contract management standards and policies to maximise value for money.
Organisational Capabilities
- Lead the organisation and the region: Provide leadership at a regional, local and organisational level communicating with residents and businesses to ensure the local voice is reflected.
- Advocate: Influence national and local policy and role model the values and behaviours of the organisation.
- Convene and partner: Influence partners towards consensus and ensure momentum towards strategic outcomes.
- Strategise: Design, develop and deliver organisational policies and strategies that foster innovation and agility.
- Enable and Deliver: Manage resources within budgetary constraints, delivering quality outcomes and tracking progress.
- Govern: Assess, manage and mitigate risk, providing assurance.
- Invest: Provide investment advice and develop business cases to drive strategic investment.
- Lead on financial planning and budgeting, preparing budgets and the MediumāTerm Financial Plan.
- Provide expert financial advice to stakeholders to shape understanding of financial risks and impact.
- Lead delivery of good financial management, ensuring policies meet statutory requirements.
Relationship Management
- Develop constructive and collaborative relationships with internal and external stakeholders, especially funding and investment partners, to generate consensus and influence plans.
Financial Management and Governance
- Evaluate financial risks and opportunities, scanning external environment and adjusting plans accordingly.
- Manage the organisation's asset portfolio, directing commercial development to ensure value for money and ROI.
Statutory Duties
- Maintain sound financial systems, internal controls and compliance with accounting standards and regulations.
- Report unlawful financial activity or risk of overspending under Section 114 of the Local Government Finance Act 1988.
- Advise on financial implications of decisions, ensuring viability and supporting strategic planning.
Knowledge, Skills and Experience
- Master's degree level or equivalent by experience, with evidence of continuing professional development.
- Comprehensive knowledge of legislative frameworks, local government finance rules.
- Substantial knowledge of public and private funding sources and investment landscape.
- Deep knowledge of the MCA's agenda and operating environment.
- Experience providing professional advice on investment, funding and financial risks.
- Experience with complex funding landscapes and financing vehicles.
- Experience of financial leadership in a public sector organisation.
- Innovative thinker who develops fresh approaches to transformation.
- Strong problemāsolving skills and sound judgement.
- Ability to establish relationships with partners and stakeholders.
- Highly flexible, adaptable and resilient.
- Excellent communication and interpersonal skills, persuasive and influential.
- Collaborative and supportive in developing plans and strategies.
- Highly developed decisionāmaking, networking, advocacy, negotiating and presentation skills.
Seniority Level: Executive
Employment Type: Partātime
Job Function: Finance
Industry: Government Administration
Chief Finance and Investment Officer (S73) - Greater Essex Combined County Authority in Basildon employer: Essex County Council
Contact Detail:
Essex County Council Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Chief Finance and Investment Officer (S73) - Greater Essex Combined County Authority in Basildon
āØTip Number 1
Network like a pro! Get out there and connect with people in the finance and investment sectors. Attend events, join online forums, and donāt be shy about reaching out to potential contacts on LinkedIn. You never know who might have the inside scoop on job openings!
āØTip Number 2
Showcase your expertise! When you get the chance to chat with hiring managers or during interviews, make sure to highlight your experience with financial leadership and strategic planning. Use specific examples that demonstrate how you've driven results in previous roles.
āØTip Number 3
Be proactive! If you see a role that fits your skills, donāt wait for the perfect moment. Apply through our website and follow up with a friendly email expressing your enthusiasm. It shows initiative and can set you apart from other candidates.
āØTip Number 4
Prepare for interviews by researching the organisation's goals and challenges. Tailor your responses to show how your skills can help them achieve their strategic ambitions. Being well-informed will impress interviewers and demonstrate your genuine interest in the role.
We think you need these skills to ace Chief Finance and Investment Officer (S73) - Greater Essex Combined County Authority in Basildon
Some tips for your application š«”
Tailor Your Application: Make sure to customise your CV and cover letter to highlight how your experience aligns with the Chief Finance and Investment Officer role. We want to see how you can bring your unique skills to the table, so donāt hold back!
Showcase Your Leadership Skills: This role is all about financial leadership, so be sure to emphasise your experience in leading teams and managing financial strategies. Weāre looking for someone who can inspire and drive change, so let that shine through!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your key achievements stand out. Remember, less is often more!
Apply Through Our Website: We encourage you to submit your application via our website. Itās the best way to ensure your application gets into the right hands. Plus, it shows youāre keen on joining us at StudySmarter!
How to prepare for a job interview at Essex County Council
āØKnow Your Numbers
As a Chief Finance and Investment Officer, youāll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to the Greater Essex Combined County Authority. Be prepared to discuss how you would apply these metrics to drive strategic investment and ensure value for money.
āØShowcase Your Leadership Style
This role requires strong leadership skills. Think about examples from your past where you've successfully led teams or projects. Be ready to explain how you foster collaboration and influence stakeholders to achieve consensus on financial strategies.
āØUnderstand the Local Landscape
Familiarise yourself with the Greater Essex area and its unique challenges and opportunities. Research recent developments in local governance and public finance. This will help you articulate how your vision aligns with the region's strategic ambitions during the interview.
āØPrepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities and decision-making skills. Think through potential financial challenges the authority might face and how you would approach them. This will showcase your innovative thinking and adaptability in a dynamic environment.
