{"id":9,"date":"2023-02-02T09:53:45","date_gmt":"2023-02-02T09:53:45","guid":{"rendered":"https:\/\/micro.green-park.co.uk\/vivid\/?page_id=9"},"modified":"2025-09-09T14:48:23","modified_gmt":"2025-09-09T13:48:23","slug":"role-description","status":"publish","type":"page","link":"https:\/\/micro.green-park.co.uk\/vivid\/role-description\/","title":{"rendered":"Role Description"},"content":{"rendered":"\n<section class=\"hero\">\n\t<div class=\"hero__container\">\n\t\t<div class=\"hero__row\">\n\t\t\t<div class=\"hero__image\">\n\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/micro.green-park.co.uk\/vivid\/wp-content\/uploads\/sites\/180\/2023\/02\/banner1.jpg\" alt=\"\" title=\"banner1\" \/>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n\n<section class=\"title\">\n\t<div class=\"title__container\">\n\t\t<div class=\"title__row\">\n\t\t\t<div class=\"title__content\">\n\t\t<h1>\n\t\t  Role Description\t  <\/h1>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n\n<section class=\"content\">\n\t<div class=\"content__container\">\n\t\t<div class=\"content__row\">\n\t\t\t<div class=\"content__column\">\n\t\t  \t\t\t\t<p><strong>Job title: <\/strong>Chief Finance Officer\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong><br \/>\n<\/strong><strong>Responsible to: <\/strong>Chief Executive\u00a0 \u00a0 \u00a0 \u00a0\u00a0<strong><br \/>\n<\/strong><strong>Responsible for: <\/strong>As per organisational chart<br \/>\n<strong>Salary: <\/strong>Salary in the region of \u00a3225,000<strong><br \/>\nLocation<\/strong>: Portsmouth<\/p>\n<h3><strong>Purpose\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/h3>\n<p>As a member of the Executive team to make a significant and pro-active personal contribution to the business, ensuring that it is well positioned and has the capability to achieve its current and future objectives, plans and targets.<\/p>\n<p>Specific responsibility for the overall direction and leadership of a customer focused, high quality and professional Finance team, ensuring a collaborative approach with colleagues across the business to maximise outcomes and achieve value for money.<\/p>\n<p>To lead a high performing governance function that provides assurance that the board exercises effective controls and schemes of delegations.<\/p>\n<h3>Key Areas<\/h3>\n<h4>Strategic and Corporate Leadership<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>Develop a financial strategy, which is agreed with the Board and Executive, which plans and directs our resources in a cost effective and efficient manner to achieve our corporate plan ambitions.<\/li>\n<li>Positioned to anticipate and respond to the changing external environment, government and evolving internal priorities.<\/li>\n<li>Identify, evaluate and deliver business opportunities in accordance with our strategies and contribute to wider business objectives as part of the Executive team.<\/li>\n<li>Be an ambassador creating a positive image and represent the association with key stakeholders and staff.<\/li>\n<li>Informed of new developments within the sector and ensuring that we are provided with timely guidance and are able to make informed decisions.<\/li>\n<li>Be a key part of leading a culture of risk assessment, management and control throughout the association at a strategic and operational level.<\/li>\n<li>Have effective relationships with our internal and external auditors, our funders and any other relevant stakeholders and advisors.<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>We have a financial strategy that supports and reflects our ambitions within the corporate plan, with defined measures of success which are being routinely met.<\/li>\n<li>A proactive and anticipated response to major changes affecting the business.<\/li>\n<li>Business growth as defined by growth in both homes and\/or services that impact positively on the business and our customers.<\/li>\n<li>We are identified as a partner of choice by key stakeholders and as a go to business across the sector.<\/li>\n<li>We are aware of developments that are appropriate to our circumstances and plans for the future. Well informed and briefed.<\/li>\n<li>Our relationships with funders, auditors and regulators are supportive and proactive.<\/li>\n<\/ul>\n<h4>Financial Management<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>Responsible for the preparation of annual financial statements and their audit, ensuring they are completed according to timetable and audit\/accounting standards.<\/li>\n<li>Maintain and develop effective and efficient accounting and financial control systems ensuring probity in all financial affairs.<\/li>\n<li>Ensure that value for money considerations drive our decision making and are embedded as part of continuous improvement and the development of high quality services.<\/li>\n<li>Ensure that all services provided meet regulatory, legal, audit and best practice standards.<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>Financial statements are completed on time with no material audit adjustments being required.<\/li>\n<li>Control systems are in place, understood and effective.<\/li>\n<li>We are known for our value for money services and having a very low operating cost per unit.<\/li>\n<li>Regulatory and other standards are met.<\/li>\n<\/ul>\n<h4>Financial Planning<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>An active business plan and business planning process which helps support our need for long term financing and meets our corporate plan ambitions.<\/li>\n<li>Direct the preparation of our annual budget process which empowers employees to understand their spending and resource needs and delivers budgetary responsibility locally.<\/li>\n<li>Ensure that regular management accounting and decision support information is available across the association and helps support our decision making in an insightful way.<\/li>\n<li>Our investment decisions and strategic partnerships are supported by sound financial information that improves our understanding of the financial risks and returns.<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>Our business plan and scenario testing are in place and agreed at Board level satisfying our regulators and funders requirements.<\/li>\n<li>Annual budget is agreed and sets out investment plans for the year ahead within the framework set by the business plan.<\/li>\n<li>Budget holders understand their spend levels and have regular information that supports the execution of their plans.<\/li>\n<li>Appraisals of our investment decisions are robust and realistic with appropriate financial assumptions.<\/li>\n<\/ul>\n<h4>Corporate Treasury<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>Ensure the operation of effective treasury management systems to achieve full compliance with lenders covenants, best use of cash and investments.<\/li>\n<li>Manage negotiations with funders when new capital is needed advising the Board on the appropriate placement of such requirement.<\/li>\n<li>Ensure our security requirements are understood, planned for and implemented in a timely and effective manner.<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>Lenders covenants are complied with.<\/li>\n<li>A positive position is maintained in terms of capital and cash requirements.<\/li>\n<li>Surplus cash is invested in a way that balances risk and return.<\/li>\n<li>We raise new capital at market leading rates from a widely accessible pool of potential sources.<\/li>\n<li>Our covenant requirements are set at a level that allows us maximum opportunity to leverage our business potential. Our security portfolio is well managed.<\/li>\n<\/ul>\n<h4>Governance<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>Organisation of secretarial and governance arrangements, ensuring that they are conducted in accordance with legal requirements and the associations constitution.<\/li>\n<li>Be a central contact for regulatory requirements and co-ordinate dissemination of regulatory information and best practice provided by and required for the regulator and\/or other associated organisations.<\/li>\n<li>Responsibility for maintaining documented standing orders, regular reviews of standing orders, and submitting material amendments for Board and Executive approval.<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>Our governance arrangements reflect best practise and provide a robust accountability framework.<\/li>\n<li>The Board is empowered and capable of providing robust governance.<\/li>\n<li>Our response to regulation is both appropriate and proportionate.<\/li>\n<li>Our responsibilities under regulation are clearly communicated and understood.<\/li>\n<li>Our internal controls are sufficient to provide assurances required.<\/li>\n<\/ul>\n<h4>People Leadership<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>Engender a high level of customer focus within all staff across the business.<\/li>\n<li>Ensure that the various functions are resourced by people with the right skills, competencies, culture and motivated to perform highly as a team and individually.<\/li>\n<li>Clearly lead change with open communication and by involvement\/consultation with those affected.<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>Staff believe that we have exceptional leadership which they are happy to follow.<\/li>\n<li>High expectations on performance are communicated and managed effectively resulting in a high performing culture.<\/li>\n<li>Innovation and change is driven from the grass roots up and staff are empowered to re-engineer processes where required to improve service delivery and cost effectiveness.<\/li>\n<\/ul>\n<h4>Risk and Control<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>Ensure that a culture of risk identification, management and control exists throughout the Directorate.<\/li>\n<li>Financial regulations exist that provide an appropriate control environment and are clearly understood across the association.<\/li>\n<li>An independent internal audit programme is targeted to ensure that we understand and respond to any weaknesses in our control systems.<\/li>\n<li>Establish and implement appropriate policies, procedures and controls to deliver strategic objectives.<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>Key risks are identified and appropriately managed or mitigated.<\/li>\n<li>Appropriate control environment exists and is understood.<\/li>\n<li>A culture of risk management exists across the directorate and is embedded in general activities.<\/li>\n<li>Our internal audit process supports a culture of continuous improvement and offers assurance on underlying key controls.<\/li>\n<\/ul>\n<h4>Diversity<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>Ensure adherence to the associations duties in relation to Equality and Diversity.<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>The policy is measured and monitored.<\/li>\n<\/ul>\n<h4>Health and Safety<\/h4>\n<p><span style=\"text-decoration: underline\">Description<\/span><\/p>\n<ul>\n<li>Ensure the highest standards of health and safety are maintained in all areas.<\/li>\n<\/ul>\n<h2><strong>We Offer<\/strong><\/h2>\n<ul>\n<li>Bonus \u2013 up to 10%<\/li>\n<li>Holidays \u2013 30 days<\/li>\n<li>Defined contribution pension scheme with 2 employee and 6 employer contribution<\/li>\n<li>Private medical and health check<\/li>\n<li>Discount portal to save money on various products and services, including holidays, shopping and cinema<\/li>\n<li>Countless professional development opportunities including qualification funding support<\/li>\n<li>Electric car scheme<\/li>\n<li>A real sense of work\/life balance where we promote smart working and an agile culture<\/li>\n<li>Buy and sell annual leave<\/li>\n<li>Enhanced paternity\/maternity leave<\/li>\n<\/ul>\n<p>More details on our generous benefits package to reward our staff\u2019s hard work and commitment can be found\u00a0<a href=\"https:\/\/www.vividhomes.co.uk\/careers\"><strong>here<\/strong><\/a>.<\/p>\n<p><span style=\"text-decoration: underline\">Performance standards are satisfactory when<\/span><\/p>\n<ul>\n<li>A policy and effective strategy are in place and performance is measured and monitored.<\/li>\n<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-9","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/micro.green-park.co.uk\/vivid\/wp-json\/wp\/v2\/pages\/9","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/micro.green-park.co.uk\/vivid\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/micro.green-park.co.uk\/vivid\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/micro.green-park.co.uk\/vivid\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/micro.green-park.co.uk\/vivid\/wp-json\/wp\/v2\/comments?post=9"}],"version-history":[{"count":14,"href":"https:\/\/micro.green-park.co.uk\/vivid\/wp-json\/wp\/v2\/pages\/9\/revisions"}],"predecessor-version":[{"id":121,"href":"https:\/\/micro.green-park.co.uk\/vivid\/wp-json\/wp\/v2\/pages\/9\/revisions\/121"}],"wp:attachment":[{"href":"https:\/\/micro.green-park.co.uk\/vivid\/wp-json\/wp\/v2\/media?parent=9"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}