Section Head – NHS Capital Spending
| Posting date: | 23 September 2024 |
|---|---|
| Salary: | £53,116 to £53,116 per year |
| Additional salary information: | Leeds: £53,116 London: £57,114 (+ £5k MPS if CCAB Qualified) |
| Hours: | Full time |
| Closing date: | 30 September 2024 |
| Location: | Leeds |
| Company: | Government Recruitment Service |
| Job type: | Permanent |
| Job reference: | 369837/1 |
Summary
The Department’s Capital and Investment Directorate is responsible for the management of the NHS capital budget and delivery on a range of major capital programmes across the Department and NHS. The work of our directorate is to ensure the healthcare system makes better use of capital investment as part of enabling service changes and driving efficiencies, as well as being a key factor in maintaining services and meeting new service demands. In addition to delivering financial balance against the parliamentary controls set for capital, strategic and long-term planning, we also cover a wide range of areas of capital policy, such as the NHS estate and technology.
The Capital Finance Team is responsible for leading on the monitoring and reporting of overall capital spend through management of the in-year Capital Departmental Expenditure Limit (CDEL) position for NHS providers, and forecasting future spend. The team also supports the Department’s strategic and long-term planning of financial systems, together with ensuring that financial systems operate effectively and support the wider financial sustainability of the NHS. A key element of this is meeting public accountability requirements, supporting ministers and ensuring clear reporting to stakeholders and the public.
This team comprises of three Grade 7 roles, each reporting to the Grade 6 lead for the team. This vacancy is for one of these Grade 7 roles, leading a team of two SEOs on reporting the in-year capital position and issuing funding directly to NHS providers. This role provides good exposure to senior leaders and forming close working relationships with NHS England colleagues and will suit someone who can both consider the wider strategic picture, whilst also ensuring accurate and robust financial control in the allocation of capital funds.
As Section Head for the NHS Capital Spending team, you will be responsible for leading on monitoring the in-year NHS CDEL and cash positions, reporting to HMT monthly and summarising for senior leadership and Ministers.
This will involve working closely with NHS England, DHSC Group Reporting colleagues, and capital programme leads, along with drawing on a wide range of information and data, including forecasts, arising risks and opportunities, and existing HMT conditions, in your support of senior leader decision-making on the in-year CDEL position.
As part of the role, you will lead on tracking conditions placed by HMT on NHS capital funding and reporting to senior leaders on progress against meeting these. You will also take a leading role on reporting to HMT quarterly on progress against the NHS capital portfolio.
In this role you will also support fiscal events, such as Supplementary Supply Estimates, and Spending Reviews, and monitoring and communicating any changes to the NHS CDEL budgetary position with stakeholders.
The NHS Capital Spending team also lead on the control and issuing of capital funds via Public Dividend Capital (PDC) to NHS trusts for nationally funded programmes. This requires robust processes for the control and issuing of funding to be in place, and adhered to, ensuring propriety of taxpayer funds. You will oversee this process to ensure that a smooth and efficient service continues to be delivered for programme teams and NHS providers.
This is a challenging role with key responsibilities including:
- Monitoring and reporting NHS provider in-year capital expenditure forecasts, evaluating potential pressures and risks, and summarising for senior management and HM Treasury.
- Providing accurate, definitive, and timely advice and insight on the capital position to inform decision making to ensure the NHS expenditure is contained within agreed spending limits.
- Lead the financial management of Public Dividend Capital award programmes, including the recording and issuing of financial agreements.
- Forecasting and monitoring progress of NHS providers’ in-year cash requirement.
- Provide expert technical advice on capital to policy and other finance colleagues, and other stakeholders including the NHS.
- Contribute to the delivery of the final capital outturn and reporting this in the Department’s Annual Report and Accounts.
- Leading on production of quarterly updates to HMT on the overall NHS capital position.
- Tracking and reporting progress against HMT capital funding conditions.
- Analysing and interpreting both current and historical data to support forecast accuracy and intel.
- Overseeing team’s contribution to statutory documents including the Financial Assistance under Section 40 report, NHSE financial directions, and production of Control Resource Limit (CRL) letters.
- Line management of two SEOs, empowering, motivating, and coaching the team to enable effective delivery.
- Contribute to the running of the branch and where appropriate the cross-cutting business of the Capital and Finance Directorates and Department.