Application for the post of Executive Director of Finance & Corporate Services
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- Walter Cole
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1 Executive Director Finance & Corporate Services Job Pack August
2 August 2014 Dear Candidate Application for the post of Executive Director of Finance & Corporate Services Many thanks for your interest in this exciting opportunity to join the London Legacy Development Corporation which is responsible for the development and management of Queen Elizabeth Olympic Park and helping to regenerate east London. The current Executive Director of Finance & Corporate Services, Jonathan Dutton, is leaving the Legacy Corporation to take up a new role in the autumn. We are now looking for a highly experienced individual to lead the organisation s Financial & Corporate Services function. The successful candidate will be responsible for managing a diverse professional team. As a member of the Executive Management Team you will be the key adviser on the Financial & Corporate aspects of a range of major capital programmes as well as ensuring the commercial viability of major events and opportunities. I hope you find this job pack useful. If you wish to have an informal and confidential conversation about the role please contact the Human Resources Department by ing humanresources@londonlegacy.co.uk and providing your contact details. I look forward to receiving your completed application by the closing date of 7 September Yours sincerely Sally Hopper Head of Human Resources 2
3 Contents Advert Page 4 Overview of organisation Page 5 Organisation Structure Page 6 Mission and purpose Page 6 Priority themes Page 6 Business Plan Page 6 Role Profile Page 7 10 Benefits Page 11 How to apply Page 12 Recruitment timetable Page 12 Equal Opportunities monitoring form Page
4 Advert Executive Director of Finance & Corporate Services attractive six figure salary and benefits package Queen Elizabeth Olympic Park and the surrounding areas are recognised as one of London s most important regeneration projects for the next 25 years. The London Legacy Development Corporation is responsible for delivering the transformative legacy promised in London s bid for the 2012 Olympic and Paralympic Games. Following the successful opening of Queen Elizabeth Olympic Park in April 2014, we are now looking for an Executive Director of Finance & Corporate Services. Working as a member of the Executive Management Team you will: Contribute to the leadership, direction and management of the organisation and delivery of all aspects of Finance and Corporate Services. Provide key business advice and support across the organisation ensuring that business priorities are aligned to strategic aims and objectives and are financially viable. Lead and advise on the financial management and the viability of the long term business plan, including major capital programmes to achieve effective and robust financial control from conception to completion. The Person An excellent record of achievement at senior executive level in a significant organisation in the public or private sector. A qualified accountant with expertise and experience in financial management within a high profile environment. Relationship management experience across political, partner and commercial organisation boundaries. Demonstrable experience of managing financial resources within the context of major capital programmes, large scale events and commercial opportunities. Application process for further details and how to apply please visit Closing date: 7 September 2014, interviews week commencing 15 September
5 Overview of organisation The 2012 Olympic and Paralympic Games, their infrastructure and investment have created the most important strategic regeneration opportunities in London for the next 25 years. (Mayor of London, London Plan, 2011) The Legacy Corporation was set up to deliver on the regenerative promise of the London 2012 Games. Our boundary not only includes Queen Elizabeth Olympic Park, but also adjacent existing communities in the London Boroughs of Hackney, Newham, Tower Hamlets, and Waltham Forest, who are represented on our Board. These boroughs, together with the Mayor, have adopted the principle of convergence the shared ambition that within 25 years the residents of the Boroughs that hosted the Olympic and Paralympic Games will have the same social and economic chances as their neighbours across London. Local employment initiatives, regeneration programmes, community engagement programmes and the location of social infrastructure are all designed to foster integration, and to support convergence. The development of Queen Elizabeth Olympic Park and the regeneration of the wider east London area is also a key objective of the Mayor s Economic Development Strategy for London, published in Partners and stakeholders We depend on a wide variety of partners and stakeholder to achieve these aims. These include: The Mayor of London, the Greater London Authority and Transport for London. Six east London Boroughs, of which four have parts of the Park within their boundaries. Local communities the people who live and work in the diverse neighbourhoods around the Park. Statutory agencies such as Lee Valley Regional Park Authority, the Canal and River Trust, and Network Rail. Delivery partners such as West Ham United Football Club, Taylor Wimpey, Here East, Greenwich Leisure Limited, Cofely GDF Suez, and the Camden Society. Local developers, investors and landowners, such as London and Continental Railways, Qatari Diar Delancey, Lendlease, Westfield, and Inter IKEA. Stakeholder organisations, which range from elected bodies with a formal scrutiny role (eg Parliament and the London Assembly), to organisations representing communities of interest or identify (from business associations, to local community organisations, to environmental pressure groups). Sporting bodies such as Sport England, the British Olympic and Paralympic associations, and the national governing bodies for individual sports. 5
6 Organisation Structure The organisation is made up of seven Directorates; Finance and Corporate Services, Regeneration and Community Services, Real Estate, E20 Stadium, Park Operations and Venues, Planning Policy and Decisions and Executive office. The Executive Director of Finance & Corporate Services reports to the Chief Executive. The post holder presents to the Board, which meets monthly and is chaired by the Mayor of London. The Deputy Chairman, Neale Coleman, carries out the day-to-day functions of the Chairman on behalf of the Mayor, and chairs the regular meetings of the Chairman s Committee. Other committees include Investment, Park Operations, and Regeneration. These are chaired by Non-executive directors and report monthly to the main Board. In addition to presenting to the Board, they also present to the Audit Committee, which is held quarterly. Mission and Purpose Mission The London Legacy Development Corporation s mission is to use the opportunity of the London 2012 Games and the creation of Queen Elizabeth Olympic Park to develop a dynamic new heart for east London, creating opportunities for local people and driving innovation and growth in London and the UK. Purpose The Legacy Corporation s purpose is to focus on three areas: PARK: a successful and accessible Park with world-class sporting venues offering leisure space for local people, arenas for thrilling sport, enticing visitor entertainment, and a busy programme of sporting, cultural and community events to attract visitors. PLACE: a new heart for east London, securing investment from across London and beyond, attracting and nurturing talent to create, design and make world-beating 21 st century goods and services, and becoming a place where local residents and new arrivals choose to live, work and enjoy themselves, and businesses choose to locate and invest. PEOPLE: opportunities and transformational change for local people, opening up access to education and jobs, connecting communities and promoting convergence bridging the gap between east London and the rest of the capital. Priority themes Our vision is supported by priority themes that run through the Legacy Corporation s entire programme: promoting convergence, employment and community participation championing equalities and inclusion ensuring high quality design and ensuring environmental sustainability. Business Plan 6
7 Role Title Directorate Reports to Role Profile Executive Director of Finance and Corporate Services Finance and Corporate Services Chief Executive Role purpose Lead and direct all the Financial & Corporate services related activities of the Legacy Corporation, ensuring the highest standards of reporting, probity, accountability, audit and risk management. The Finance & Corporate Services Directorate includes the management of finance, IT, legal shared service, procurement, governance and assurance. Undertake complex interdependent financial planning, working closely and managing relationships with Government, Greater London Authority (GLA), Host Olympic Boroughs, and private sector and other partners to identify and align funding sources/receipts and investment to the redevelopment and regeneration of the Queen Elizabeth Olympic Park and venues. This includes providing complex financial advice and direction on major capital projects and events to ensure check and challenge financial viability and effectiveness. Act as the Section 127 Officer (officer with statutory financial responsibilities as specified in Section 127 of the GLA Act) of the Legacy Corporation. Key accountabilities Direct all financial management and ensure the effective use of public funds, implementing an interdependent financial plan that identifies and aligns resources, receipts and investment to the priorities and activities of the organisation, while securing funding that enables the Legacy Corporation to meet its business needs. Act at all times with the highest standards of professional and ethical behaviour and satisfy public expectations of probity and accountability through audit and scrutiny. Be accountable to the Audit Committee, Board, London Assembly and Mayor, attending and giving evidence to meetings of the London Assembly and its committees as appropriate. Manage the accountability of the organisation in close liaison with GLA sponsors, reporting as appropriate to the Chief Executive and Board. Managing the liaison with respective agencies to ensure public accountability. Act as principal advisor to the Chief Executive and the Board on all finance and risk management issues. Develop and maintain best practice systems, and procedures which ensure that projects and programmes are risk appraised and identified risks are effectively managed. To include robust financial plans and challenge on major capital programmes, events and commercial opportunities. 7
8 Determine performance indicators and targets for the delivery of all programmes and objectives, including relevant inputs, outputs, outcomes, systems and impacts to measure performance. Reporting to the Chief Executive, consult with the GLA in leading the preparation of the organisation s annual Budget and ten-year Business Plan, for approval by the Board and oversee the annual closure of accounts and preparation of financial statements. Lead the financial control process of the organisation, including chairing the Change Board acting at all times under the delegated powers set out in the organisation s Standing Orders. As part of the Executive Management Team, provide effective and professional leadership, supporting and promoting the activities of the organisation, and contributing significantly to the building of a high performing organisation that is fit for purpose. Ensure the development of the organisation s corporate services systems, infrastructure, policies and practices (i.e.: programme and project management, strategy and risk management, IT and Information Services) to meet the needs of the organisation, enhance the efficiency and delivery of agreed priorities and ensure that all statutory requirements are met. Contribute to the development of a commercial contracting strategy in close cooperation with other members of the leadership team, brokering deals while optimising project structures, financing and economic returns. Provide visible leadership and motivate staff to ensure that delegated responsibilities are achieved and effective communication maintained, including ensuring on-going performance management. Maintain budgetary oversight for key areas of directorate spend, managing and planning for expenditure over the annual horizon, providing support and intelligence to influence future resources and budget requirements; Support and maintain a culture of continuous improvement and operational excellence, contributing to corporate priority themes and the organisation s overall delivery aims, acting as an ambassador for the Queen Elizabeth Olympic Park. Take reasonable care for the health and safety of themselves and others and take responsibility for ensuring all activities carried out promote the value of a diverse workforce and do not discriminate against sections of the community covered by equality legislation; Maintain an up-to-date knowledge of technical competency areas and take a proactive approach to self development and performance improvement; This is not meant to be an exhaustive list of duties. The need for flexibility, shared accountability and team working is required, and the role-holder is expected to carry out any other related duties that are within the employee's skills and abilities whenever reasonably instructed. This is a description of the role as it is at present. It is the practice of the London Legacy Development Corporation to review role profiles annually to ensure that they relate to the role as then being performed or to incorporate whatever changes are being proposed. This review will be carried out by the director/line manager in consultation with the role holder, who is expected to participate fully in such discussions. This role profile does not form part of the role-holder s contract of employment. 8
9 Role competencies Part one Knowledge and experience A proven track record of success in leading and managing a finance and resources function at the highest level in a comparable organisation, backed by a relevant professional accountancy or public finance qualification. Significant, demonstrable experience of managing the financial and assurance aspects of major and complex capital programmes. Ensuring rigorous financial controls and standards are adopted at every level, in a high profile, public sector body. A proven track record of strategically managing or developing a range of resources related finance and corporate services functions, including IT, strategy, risk, and programme, project and performance management. A proven track record of building, motivating and inspiring effective teams and holding them to account through rigorous performance management and the delivery of hard outcomes. A track record of understanding how to use interpersonal influence to create consensus and buy in to change perceptions and attitudes. Experience of raising organisational profile, and building within a diverse stakeholder environment, a cohesive, coherent and consistent message from the Finance and Corporate Services perspective. Demonstrate experience of building and sustaining collaborative relationships with both the public and private sectors, and internal and external stakeholders. A high level of commercial acumen developed at a public/private interface in the development of commercial strategies that optimise recourses in the delivery of programmes of comparable complexity. A demonstrable understanding and commitment to the organisation. Part two Skills and abilities A strong commitment and drive for developing interdependent finance/resource strategies in the delivery of major programmes of comparable complexity. A robust, charismatic and dynamic leader who demonstrates strong commercial acumen, authenticity, honesty and passion for the delivery of major housing, regeneration and sustainable communities programmes. A strong grasp of public accountability and the obligations associated with the responsibilities the Section 127 Officer (officer with statutory financial responsibilities as specified in Section 127 of the GLA Act) of the Legacy Corporation in line with public sector standards and priorities. A strong insight into developing and implementing effective finance and resources strategies in pursuit of agreed goals, exercising informed, timely judgement. A shrewd understanding of the respective roles and responsibilities of stakeholders and the challenges and opportunities facing the Corporation in the delivery of complex regeneration programmes. A strong team player with the ability to listen to, lead and inspire both staff and a diverse 9
10 stakeholder interface. A confident and effective communicator with an interpersonal influence that will succeed with a range of audiences, including the media. A strategic thinker with the ability to translate ideas and policy into action in the delivery of major programmes. A commitment to partnership working and development of the reputation for the organisation as an integral partner. Significant awareness of the political sensitivities and the working of the public and private sectors in the furtherance of housing, regeneration and sustainable communities. An understanding and commitment to, the values of transparency accountability, probity, openness and diversity. Part three Personal style and behaviour Personally credible with a professional demeanour that generates trust and confidence. Leads by example and possesses a high degree of integrity. Sets themselves and others challenging but achievable objectives. Challenges and confronts conflict, brokering solutions in order to achieve goals. Looks to the future is able to see links and opportunities that others might miss. Applies concepts and learning from outside own field/environment, looking ahead over the long-term to deliver improvements and avoid problems. Politically aware and emotionally intelligent. Able to work in a manner that is consistent with the organisation s core behaviours and ethos. 10
11 London Legacy Development Corporation employee benefits scheme includes: 32 days annual leave (not including bank holidays) Automatic enrolment on the Local Government Pension Career Average Revalued Earnings (CARE) pension scheme Discounted membership to the Copper Box Arena and London Aquatics Centre Interest-free season ticket loans Access to a cycle hire scheme - LLDC can offer employees a loan of up to 1,000 to purchase a bike and safety equipment The Westfield VIP card - offering a selection of discounts at Europe's largest urban shopping mall, Westfield Stratford City Volunteer days - all employees are entitled to three days volunteering leave, on top of annual leave allowance Parental leave - LLDC pay above the statutory rate for both Maternity and Paternity leave Access to the Childcare Voucher Scheme, saving participating employees around 1,000 per year on child care costs Access to a confidential support, information and counselling service, the Positive People Company. 11
12 How to Apply Please submit your completed application form to include a personal statement (not more than four sides of A4), demonstrating how you meet the person specification for the role of Executive Director of Finance & Corporate Services and the equal opportunities monitoring form and return it to recruitment@londonlegacy.co.uk by the closing date of 7 September Recruitment timetable Application closing date 7 September 2014 Interview and selection process week commencing 15 September 2014 Final interview and selection by early October 2014 process 12
13 London Legacy Development Corporation Equal Opportunities Monitoring Form We are committed to the promotion of diversity and equal opportunity in our recruitment and employment policies, practices and procedures. To help us implement and monitor the effect of polices we would encourage you to complete this form as fully as you can. The information you provide will be treated in the strictest confidence and will be used only for statistical monitoring and is not used as part of the interview selection process. Job Reference Number/Job Title Gender Are you: Male Female Age Is your gender identity the same as the gender you were assigned at birth? Yes No Ethnic Origin Which groups do you identify with? Where appropriate, please tick ONE box in Column A. These groups are based on the 2001 census. Column A Asian/ Asian British Bangladeshi Indian Pakistani Any other Asian background (specify if you wish) Black / Black British African Caribbean Any other Black background (specify if you wish) Chinese Any Chinese background (specify if you wish) Mixed Ethnic Origin Asian and White Black African and White Black Caribbean and White Any other mixed ethnic background (specify if you wish) 13
14 White British Irish Any white background (specify if you wish) Any Other Ethnic Background Any other background (specify if you wish) Prefer Not to Say Sexual Orientation Lesbian or gay Bisexual man Heterosexual Prefer not to say Religion/Belief (these categories are based on the 2001 census) Please state your religion and/or belief: None Christian-including Church of England, Catholic, Protestant and all other Christian denominations Buddhist Hindu Jewish Muslim Sikh Any other, please state: Prefer not to Say Disability The Equality Act 2010 defines a disability as a physical or mental impairment, which has a substantial and long term adverse effect on your ability to carry out normal day to day activities. Certain conditions are also covered at the point of diagnosis, not when they begin to affect day to day activities. Do you consider yourself to be disabled? Yes No Thank you for completing this form and please kindly return to Human Resources 14
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