Deputy Head of Financial Services

The postholder is required to: Assist in the design and development of an operational strategy for the provision of an efficient, effective and a high quality professional service to ensure the introduction and maintenance of efficient and robust processes which ensure all performance and statutory requirements are met. Support the production of the annual accounts and all monthly returns, ensuring procedures are followed. Analyses complex financial data relating to the production and interpretation of the ICBs financial statements. To manage the day-to-day monitoring of the achievement of key financial targets and identify any deviation from plans and reporting such to the Head of Financial Services, and assisting in the development of remedial action. Conduct a review of monthly Balance Sheet figures and forecasts as part of the month end process, investigate variances and ensures that necessary corrections are made before the month end deadline to ensure accuracy of reports. Advise the
Head of Financial Services of potential risk areas. Management of the integrity of the ICB Balance Sheet and associated control accounts and ensuring that revenue and capital accounting in the ICB financial system are able to satisfy local and national requirements. Ensure all control accounts and accounting records are complete, accurate and reconciled within the monthly process. Responsible for ensuring that budget managers understand and follow financial governance procedures. To assist the Head of Financial Services with ICB cash management ensuring that an annualcash plan is formulated and that cash balances are managed in accordance with national requirements and financial standing instructions. Review debtor/creditor balances, income and expenditure to maintain the ICBs working capital. Support the Head of Financial Services on the National Agreement of Balances exercise in conjunction with NHS England, Foundation Trusts and Trusts. To investigate financial audit issues and make
recommendations for remedial action to the Head of Financial Services. Through the Head of Financial Services managing and developing financial procedures, including Standing Orders, Reservation of Powers to the Board, Standing Financial Instructions and Counter Fraud Policy. Ensuring the payment of suppliers in accordance with contract terms, ensuring the best compromise between maintaining liquidity and compliance with BPPC. Ensuring the recovery of all debtor income due to the ICB. Managing and overseeing Banking arrangements. Managing and overseeing taxation issues and relationships for VAT and the and liaising with Human Resources re: payroll services Maintain clear and precise working papers in support of ledger adjustments to assist internal and external auditors. Responsible for the day-to-day range of staff management matters, which will include responsibility for undertaking appraisals, development of staff, recruitment, and where necessary processes such as grievance and
disciplinary matters. Actively input into the development and maintenance of a range of financial policies and procedures, covering all aspects of financial accounting, ensuring that these comply with national guidance, local standing financial instructions and relevant audit recommendations. This to be undertaken in conjunction with other organisations where required. Build effective cross functional working relationships across the Department and with the wider organisation. To advise, influence and assist in achieving the ICBs financial and non-financial targets. To deputise for the Head of Financial Services on the Finance department Senior Management Team. To ensure budget holders and budget managers are aware of their responsibilities to comply with Standing Financial Instructions and Standing Orders, providing advice and guidance as required To ensure the integrity of the financial ledger system, including authorised signatories and appropriate use of codes
Maintain continuous professional development / registration in accordance with the requirement of the appropriate regulatory body, ensuring renewal is on time.