Job Purpose:
To enact the statutory role of Responsible Financial Officer for CCR, making arrangements for the proper administration of financial affairs, in accordance with s151 of the Local Government Act 1972.
To ensure the effective stewardship of public funds, demonstrating the capability to maximise the impact of all CCR?s strategic resources, to contribute to a Medium-Term Financial Plan that puts the new entity on a fit for the future footing.
To inform, challenge and support the investment fund work and commercial interests of CCR, demonstrating strong commercial awareness and acumen and building alliances and alignments across the Regional Growth and Resources business units.
To demonstrate and direct a strong understanding and know-how of commercial and investment structures, to support the delivery of large-scale complex programmes and initiatives, all alongside the ability to fulfil financial and budget imperatives and requirements.
To demonstrate a strong knowledge and appreciation of strategic value creation and the importance of being solutions-focused to both support responsible stewardship of public funds, alongside the requirement to deliver tangible benefits for the region.
To develop and direct frameworks that support future sustainable funding of CCR, bringing together levying, external investment, recycled funds and various fiscal levers unlocking the value of investments and maximising the use of all available assets and resources.
To provide whole-organisation strategic leadership and a strong financial planning and deployment capability; to guide future organisational development and design; deliver on key strategic priorities and objectives; and fulfil legal and political mandates.
To lead and drive effective strategic resourcing that supports delivery of the Target Operating Model and the long-term growth and sustainability plans of CCR, in concert with s151 contemporaries from across the 11 constituent member authorities.
To oversee risk, compliance and assurance functions, in order that key reporting, evaluation and validation requirements are met; good governance and decision making is supported, safeguarding the interests of CCR at all times.
Principal Duties and Responsibilities
To enact the role of Responsible Financial Officer (s151) for CCR, ensuring the effective and efficient financial leadership of all major plans, policies and programmes being delivered under the auspices of CCR.
To shape, develop and lead the business unit; fulfilling requirements of the CJC Regulations; maximising financial freedoms and flexibilities and directing the implementation of the Target Operating Model.
To lead development and oversee delivery of a Medium-Term Financial Plan for the CCR; devising appropriate annual financial reporting requirements and ensuring future funding capability underpins delivery of objectives set out in the Regional Economic and Industrial Plan.
To direct and oversee the CCR Assurance Framework, ensuring key principles and provisions are reflected in underpinning the Investment and Intervention Framework discharging all requirements of the UKG Green Book and the five-stage business case model.
To be the lead officer for internal audit interaction and along with the Strategic Directors for Policy, Performance and Partnerships, and Legal and Governance - enacting the role as lead for the development and operation of the Audit and Governance Committee.
To share, direct and ensure compliance with all Financial and Contractual Policies and Procedural Rules, overseeing CCRs Procurement and Commissioning functions and requirements.
To drive collaboration and work closely with the s151 Officers group sharing timely information and engaging skills and expertise in informing financial strategies and plans.
To oversee all commissioning and act as the intelligent client for outsourced Transactional Services ensuring these are reviewed and subjected to value for money tests enacting any changes in provision needed as CCR grows and matures.
To provide timely and effective advice to the Chief Executive, CCR Board and other key stakeholders who form part of the CCR governance structure.
To promote the principles of openness and probity at all times, working with the Deputy Chief Executive and Chief Executive to develop mechanisms to give public assurance and accountability for the CCR investment portfolio and its performance.
To be responsible for wider CCR strategic assets and services in respect of ICT and the wider CCR estate, ensuring financial rigour and discipline in the procurement of services that offer best value for money and best achieve the end result.
Educated to degree level or equivalent, with demonstrable evidence of continuous professional and personal development.
Evidence of a chartered accountancy body qualification.
Ability to communicate in the Welsh language, or commitment to learn Application Form and Certification, where required Experience / Knowledge
Successful and respected leader with a track record of working at a board/executive level in either the public or private sector.
Significant experience in engaging with leading developers, investors, businesses and universities to secure financial value.
Significant experience in shaping and delivering financial plans and functions that underpin wider corporate priorities and objectives.
Experience and knowledge of impactful service delivery, against a backdrop of economic instability, change and political challenge.
Demonstrable experience of working with colleagues across organisations and beyond to deliver a joined-up approach to service planning and delivery.
Ability to understand a range of complex subjects, remain solutions-focused against the backdrop of complex problems and lead by consensus
High degree of political sensitivity and experience in dealing with a range of complex issues and stakeholders with often conflicting agendas.
Proven ability to deliver targets and prioritise projects.
Director, Strategic Finance Director, Strategic Finance Director, Strategic Finance Director, Strategic Finance
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