At a Glance
- Tasks: Lead financial strategy and governance for NHS Greater Manchester, ensuring targets are met.
- Company: Join NHS Greater Manchester, a pioneer in health and social care transformation since 2016.
- Benefits: Be part of a dynamic team with opportunities for professional growth and impactful work.
- Why this job: Shape the future of healthcare while tackling inequalities and improving community health outcomes.
- Qualifications: Qualified accountant with board-level leadership experience and strong knowledge of health finance.
- Other info: This role requires a DBS check and current UK professional registration.
The predicted salary is between 72000 - 108000 £ per year.
Job Summary
NHS Greater Manchester Integrated Care Board (ICB) is seeking a Chief Finance Officer (CFO) to join as a Statutory Board Member, providing strategic financial leadership while ensuring the achievement of financial targets and driving long-term sustainability and improved outcomes across the region. As CFO, you will oversee the financial strategy of NHS Greater Manchester, ensuring effective resource allocation, financial governance, and financial performance management. You will collaborate with a wide range of partners across health, care, and local government to deliver system-wide transformation, enhance productivity, tackle health inequalities, and improve population health outcomes. As a Statutory Board Member, you will contribute to the overall leadership of the Integrated Care System (ICS), ensuring that NHS Greater Manchester meets its core purposes and financial objectives. You will play a key role in shaping the financial strategy, managing risks, and driving innovation aligned with national and regional priorities.
Main duties of the job
The chief financial officer will be required to ensure that the GM Integrated Care meets the financial targets set for it by NHS England and NHS Improvement, including living within the overall revenue and capital allocation, and the administration costs limit. Jointly with other system partners, the chief financial officer is responsible for ensuring that the integrated care system (ICS) delivers its financial targets.
The chief financial officer will support the development and delivery of the long-term plan of GM Integrated Care. They will ensure this reflects and integrates the strategies of all relevant partner organisations of the ICS, with a particular focus on developing a shared financial and resourcing strategy.
As a member of the unitary board, each board director is jointly responsible for planning and allocating resources to meet the four core purposes of integrated care systems (ICSs):
- to improve outcomes in population health and healthcare;
- to tackle inequalities in outcomes, experience, and access;
- to enhance productivity and value for money;
- to help the NHS support broader social and economic development.
The chief financial officer will be responsible for developing the funding strategy for the ICS to support the board in achieving these aims, including consideration of place-based budgets, and making use of benchmarking to make sure that funds are deployed as effectively as possible.
About Us
In 2016, Greater Manchester made history by becoming the first region to be granted devolved control of health and social care spending. In doing so, we embarked upon the most radical health and care transformation programme in the country, with partnership working at the heart of delivering better outcomes for GM. Together we have established our model of integrated neighbourhood and place-based working, established strong provider collaborations across secondary, primary, mental health and social care, and progressed a system-wide population health plan alongside scaled improvements and innovation in mental health access and provision, extended access in primary care and significant improvements in social care quality. Finally, we have established a nationally leading model to connect the health and care system with academic and industry partners in the pursuit, discovery and spread of innovation. Through our Greater Manchester Integrated Care Partnership Strategy, we are continuing this work to achieve our vision for Greater Manchester a place where everyone can live a good life, grow up, get on and grow old in a greener, fairer more prosperous city region.
Job Description
Job responsibilities
The chief financial officer reports directly to GM Integrated Care chief executive officer and is professionally accountable to the NHS England and NHS Improvement regional finance director. As the strategic financial lead, the chief financial officer is accountable for all matters relating to the financial leadership and financial performance of GM Integrated Care. The chief financial officer will also be responsible for ensuring that GM Integrated Care implements a robust financial strategy and for ensuring that system resources are effectively deployed and used to provide the best possible care for the population. The chief financial officer may also be responsible and accountable for a wider portfolio, depending on the structure of GM Integrated Care. The chief financial officer along with other executive members of GM Integrated Care will have an influential executive role and shared accountability for the development and delivery of the long-term financial strategy of GM Integrated Care, ensuring this reflects and integrates the strategies of all relevant partner organisations within the ICS. The chief financial officer will be responsible for building partnerships and collaborating with wider ICS system leaders including provider collaboratives, public health, primary care, local government, voluntary and community sector, other partners and local people to make real transformational differences for the population through local, regional and national forums. The chief financial officer will provide financial leadership and influence across the ICS to ensure that opportunities to drive improvements in population outcomes which includes collaborating and providing financial leadership with key partners (across health, care and wider) to break down barriers, drive innovation and achieve agreed deliverables. Alongside other members of GM Integrated Care, you will ensure that population health management, innovation, and research supports continuous improvements in health and well-being. You will influence and work collaboratively as part of a wider system to create opportunities to make sustainable long-term improvements to population health with key partners.
Person Specification
Qualifications Essential
- Qualified accountant with full membership and evidence of up-to-date continuing professional development.
Desirable
- Experience of utilising health economics experience in a relevant role/setting and/or a relevant qualification.
Experience Essential
- Substantial board level leadership experience and/or system leadership experience within a regulatory or similar environment is essential.
- Experience of managing highly sensitive situations with stakeholders.
- Experience of managing relationships with the media and political stakeholders.
- Experience of providing financial leadership, mentorship, and professional development at a very senior level with demonstrable outcomes.
- Experience of leading highly complex and contentious transformational change at significant scale.
Knowledge Essential
- Extensive knowledge of the health, care and local government landscape and an understanding of the resourcing implications related to the social determinants of public health.
- Current evidence and thinking on practices which reduce health inequality, improve patient access, safety and ensure organisations are Well Led.
- Extensive knowledge of health and care financial planning and budgeting at a board and/or system level.
Skills Essential
- Exceptional communication skills which engender community confidence, strong collaborations, and partnership.
- Strong critical thinking and strategic problem solving; the ability to contribute to a joint strategic plan and undertake problem resolution and action. Analytical rigour and numerical excellence.
- Highly sophisticated leadership and influencing skills; building compassionate cultures where individuals and teams thrive at organisation, partnership and system levels.
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.
UK Registration
Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).
Employer details
Employer name
NHS Greater Manchester Integrated Care
Address
The Tootal Buildings
Oxford Street
Manchester
M1 6EU
Employer’s website
(Opens in a new tab) #J-18808-Ljbffr
Chief Finance Officer employer: Greater Manchester Police
Contact Detail:
Greater Manchester Police Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chief Finance Officer
✨Tip Number 1
Familiarize yourself with the financial landscape of the NHS and local government in Greater Manchester. Understanding the specific challenges and opportunities within this context will help you demonstrate your strategic insight during discussions.
✨Tip Number 2
Network with current and former board members or executives within the NHS and Integrated Care Systems. Building these connections can provide you with valuable insights and potentially strong endorsements for your application.
✨Tip Number 3
Stay updated on recent developments in health economics and public health policies. Being knowledgeable about current trends will allow you to speak confidently about how you can contribute to reducing health inequalities and improving patient outcomes.
✨Tip Number 4
Prepare to discuss your experience in leading transformational change at a system level. Be ready to share specific examples that highlight your ability to manage complex situations and drive innovation in financial strategy.
We think you need these skills to ace Chief Finance Officer
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and expectations of the Chief Finance Officer position. Familiarize yourself with NHS Greater Manchester's goals and how your experience aligns with their mission.
Tailor Your CV: Customize your CV to highlight relevant board-level leadership experience, financial governance, and strategic planning skills. Emphasize your achievements in managing complex financial situations and driving transformational change.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for improving population health outcomes and tackling health inequalities. Use specific examples from your past experiences to demonstrate your ability to lead financial strategies effectively.
Highlight Collaborative Skills: In your application, emphasize your experience in building partnerships and collaborating with various stakeholders, including local government and community organizations. This is crucial for the role as it involves working across different sectors to achieve shared goals.
How to prepare for a job interview at Greater Manchester Police
✨Demonstrate Strategic Financial Leadership
Be prepared to discuss your experience in providing strategic financial leadership. Highlight specific examples where you successfully managed financial performance and resource allocation, particularly in a healthcare or public sector context.
✨Showcase Collaboration Skills
Emphasize your ability to collaborate with various stakeholders, including health, care, and local government partners. Share instances where you have built partnerships that led to improved outcomes or innovative solutions.
✨Understand the Health and Care Landscape
Familiarize yourself with the current challenges and opportunities within the health and care landscape. Be ready to discuss how your knowledge can contribute to tackling health inequalities and enhancing productivity in the region.
✨Exhibit Strong Communication Skills
Prepare to demonstrate your exceptional communication skills. You may be asked to explain complex financial concepts in a way that is accessible to non-financial stakeholders, so practice articulating your thoughts clearly and confidently.