Chief Finance Officer
This is an exciting opportunity for an experience Financial Director to work within the Public Sector with one of Stafflines Public Sector Clients
The post holder will report directly to the Chief Executive and will assist the Chief Executive to deliver financial strategies, policies and procedures for the organisation. The post holder will directly influence the overall strategic direction for our client and its citizens.
Main Purpose of the Role:
The post holder will have the following key responsibilities:
- Delivery of a medium term financial strategy and plan;
- Establishment and management of high quality finance functions and associated business processes, including payroll, budgeting, accounts, capital expenditure and procurement;
- Ensure that the Finance function is co-ordinated and integrated across departments and service areas;
- Delivery of annual district rates estimates;
- Establishment of probity and excellent governance arrangements across the organisation;
- Delivering high quality, customer focussed, cost effective services through an individual performance management system that links to Corporate goals;
- Establishing a culture where staff are valued and work with others for the betterment of communities;
- Be the lead Finance adviser for the business.
In particular the post holder will assist the chief executive to deliver on and manage the following key areas of responsibility:
- Establishing a strategic vision and direction;
- Development of organisational structures and financial and business processes
- Establishment of probity and good governance arrangements across the organisation
- Management of a high quality Finance function that is responsible to the needs of the business;
- Input to the transformational change programme which will ensure a new modernised organisation;
- Delivering high quality, customer focussed, cost effective services through a robust performance management systems.
Main Duties and Responsibilities:
Working as a key Member of the Chief Executive's senior management team the specific areas of professional responsibility for the postholder will include
- Being responsible for all operational finance related matters relevant to the operation of the business, including budgetary control, treasury management and cashflow, financial and management accounts, projections and economic appraisals and investment decisions.
- Developing the financial strategy for the business including the preparation of an appropriate medium term financial plan and a capital financing strategy and supporting reports to allow Members to consider and agree a district rate.
- Assisting the Chief Executive to develop and put in place policies, procedures and mechanisms
- Participate in partnerships with other like businesses to advise and make recommendations on the future delivery model and initial business/service plan for finance service/s.
- Continually monitor and review the effectiveness of the financial strategy.
- Delivering effective financial management to ensure that financial performance is in accordance with approved budgets and in compliance with all relevant legal and accounting requirements
- Lead, manage and develop a team of finance staff to provide a full range of specialist financial functions
- Ensuring that systems and processes are developed to achieve performance management outcomes and the achievement of continuous improvement.
- Implementing an effective system of financial reporting including the preparation of internal and external financial reports and other financial returns and liaising with those tasked with auditing financial and other performance reports.
- Ensure that financial business continuity arrangements are in place and that plans are reviewed and tested on an annual basis
- To contribute to the strategic development of the business and to the corporate planning process linking financial planning to the delivery of corporate initiatives, taking account of community planning objectives and ensuring the most effective and efficient use of resources.
- Monitor and review the operation of good governance and probity arrangements, to report to the Chief Executive on the effectiveness of these arrangements, and to develop these arrangements in accordance with latest best practice.
- Positively support and help to drive the continuous service improvement and the efficiency agenda
- Contribute to the development, maintenance and delivery of community planning objectives with particular emphasis on the financial aspects of the community plan.
- Support the Chief Executive in discharging his/her responsibility as the Council's designated Chief Financial Officer in accordance with Section 54 of the Local Government Act (Northern Ireland) as amended.
- Assist with the delivery of efficient, value for money services.