Appointment Brief

Finance and Resources Director Appointment BriefJuly 2015

2Finance and Resources Director | 3SC | July 2015

Message from the Chief Executive

An incredible opportunity to achieve widespread and lasting social impact.At 3SC we believe the passion and expertise that lies at the heart of the Third Sector is largely being overlooked when it comes to the delivery of public services. Until recently only 2% of public service spending was through the very organisations that are geared up to change peoples lives. I think it is barely much better than that now and I believe this should change.

It is our job to increase the breadth and depth of Third Sector involvement in public service delivery. We bid for appropriate public service contracts, both as a sub-prime contract manager or a prime in our own right. We then create consortia of Third Sector organisations to deliver these contracts under our management. We receive no grant funding for our business model and our success relies on us winning competitive bids, often alongside, sometimes in competition with, the large commercial Primes, and then managing our consortia to deliver the commissioned outcomes.

In our six year existence we have won nearly 80m of contracts. We run programmes in employability, youth and offender rehabilitation. But this is really still only the start of our journey and we want to add to our footprint in our current markets as well and break into new arenas.

We have noticed a commissioning Zeitgeist that we think will start to open up more opportunities for us. We have a progressive agenda, and believe that the future of public services must surely be grounded in wider and deeper inter-sector partnerships. So a major part of the brief for the post holder will be ensuring that we chart our way through the financial landscape of public services procurement and the building of financial partnerships so that we access an ever wider public service space.

I am strengthening my management team. I require an exceptional person to lead the parts of the business that will underpin our ability to win and deliver public service contracts. I also want this person to help me and my team, as well as the board, manage our growth.

If you want to be a part of this and future success in this crucial aspect of social impact, then I invite you to apply for this role.

Martyn Oliver


About 3SC

3SC is a social enterprise with a mission to increase the scale of public services delivered through the Third Sector. We do this by building consortia of charities and social enterprises, bidding for suitable public service contracts and managing the consortia in their delivery. We are into our sixth year. We have steadily built the business since our founding and have a reputation for winning, mobilising and delivering contacts. The last two years have seen a doubling of our revenues and we now run nine programmes across the employability, youth and offender rehabilitation markets. Recently, as part of the Interserve led Purple Futures partnership, we have won the contract to run Third Sector consortia in 5 contract package areas. This is our opportunity to bring the Third Sector into a crucial arena of social impact at scale. We expect to be working with up to 100 additional Third Sector organisations across our contracts in Transforming Rehabilitation (TR). It is our job to integrate them so that the bespoke and holistic interventions required to change offending behaviour are delivered effectively. But even since the TR contracts were awarded 3SC has increased our presence in employability markets with contract wins in 3 programmes. We now run contracts from Middlesbrough to Merseyside, and from Ynys Mon in Wales, to Yarmouth on the Isle of Wight. I see this as a fantastic opportunity for someone to join me and my team in building on our track-record and helping us to achieve even more.

3SC is governed by representatives from seven charities, social enterprises and registered social landlords. They are the guardians of our status as a social enterprise and, guided by the executive team, take overall responsibility for the strategic direction of the partnership.


Organisational chart


Post: Finance and Resources Director Reports To: 3SC Chief Executive Manages: Finance manager, Operations

managerAlso responsible for the management of a range of resources such as IT, HR, facilities management, communications, insurance and our professional advisors, many of which are outsourced.Salary: Circa 65,000 - 70,000Location: London EC3

Main PurposeThe post-holder will be responsible for all aspects of our financial control and management from top-table strategy to on-the-ground practitioner. The role is an integral part of the building of a sustainable business. The role entails ensuring that the organisation only competes for contract opportunities that are commercially robust, and will take the lead in ensuring that our contracts with commissioners and delivery consortia are robust. The post-holder will advise the chief executive, the executive team and the board on resource and commercial issues, including income strategy, mid-and long-term planning and the overall financial position of the organisation.

The post-holder will also be responsible for the efficient running of our operational functions. These support the revenue earning and delivery aspects of the business. The post-holder will ensure that these functions significantly contribute to winning and delivering contracts, support our staff and enhance our brand.

Reporting to the chief executive, the role is part of the executive team and attends the 3SC board and other governance meetings.

Main Responsibilities

Finance Lead on all financial control and financial management

activity at 3SC ranging from top-table strategic input to on-the-ground practitioner

To lead on financial planning, budgeting and cost control issues

Be the key advisor to the chief executive, the executive team and the board on the overall financial landscape for 3SC and its ongoing performance and position

To be vigilant to financial and operational risks and to report and mitigate such risks

To due diligence business development opportunities including financial appraisals, opportunity stress testing and scenario planning

Oversee the preparation of the annual accounts and the management of annual audit

To oversee the efficient running of financial operations such as the preparation of management accounts, cash flow forecasts, payroll, VAT and other tax returns, creditor payments and efficient management of debtors

Prepare insightful financial reports for the chief executive, executive team colleagues and the board and finance and risk committee

To take ownership for the efficient and effective running of the 3SC finance and risk committee, including arranging meetings, preparing and circulating papers and noting the meetings

To lead on the engagement of external financial stakeholders including present and potential investors, our bankers, auditors and insurers

To work with the executive team in the negotiation and agreement of service delivery contracts

To initiate and manage a programme of internal audit

To explore, initiate and realise social investment opportunities in our programmes

To explore, initiate and realise external investment in 3SC

Ensure 3SCs financial policies are up-to-date and compliant with existing and new legislation, drafting and reviewing policies for approval as necessary. Communicate the new policies to all staff and be fully accountable for monitoring adherence to financial policies and procedures

Job Description


Resources The post-holder will take the lead in the assessment and

management of a range of support functions such as IT, HR, facilities management, communications, insurance and our professional advisors

To ensure that these functions are fit for the organisation now and as we grow

To oversee the work of the operations team so that they make a significant contribution to the winning and delivering of contracts, including solution design, IT systems progression and innovative solutions across the range of our business activities

To identify, report and manage the risks connected to these activities, especially business continuity and data protection

To formulate and implement capital expenditure plans, IT renewal programmes, and to initiate, implement and manage an enhanced procurement process

To ensure that all of our office space is safe and welcoming

Contribute to initiatives and accreditations such as Merlin, ISO, IIP and Social Enterprise standards

To oversee the formulation and implementation of a communications strategy

To manage and assess the relationship with our outsourced providers which currently includes IT, Facilities Management and HR

To lead on the relationships with other key external stakeholders in the Operations field such as our insurers and our lawyers

Other As part of the 3SC executive team offer leadership

within the organisation and be a significant part of the overall running of the business, taking responsibility and championing issues that lie outside of the specific finance and resources portfolio

Job Description Continued


Qualifications A fully qualified accountant (ACA, ACCA or CIMA)

with evidence of CPD activity

Competencies Financial accounting, including the preparation of

final accounts

Financial management, including the formulation and implementation of budgeting systems

Financial modelling

Initiative

Planning and organising

Accounting systems usage

Adaptability and the ability to work effectively in a small organisation

The ability to contribute to the management of a business outside of the specific portfolio of the role

Team working

Analytical skills

Knowledge Contract accounting, including the financial appraisal

of contract opportunities Knowledge of the process of bidding and tendering for

public service contracts Experience of working with the voluntary, community

and social enterprise sector Knowledge of collaborative models of delivery,

including special purpose vehicles and consortia Expert knowledge of financial assessments and other

due diligence activity Knowledge of the social investment landscape

A working knowledge of IT, HR, FM and how it contributes to an organisation like 3SC

Skills Excellent verbal and written communication skills

Effective management skills

The proven ability to formulate and implement budgets, financial and non-financial processes and systems

Influencing skills at all levels

Person Specification Essential Criteria


To apply for this position, please upload a comprehensive CV and a supporting statement of no more than two pages of A4 on our website. Please ensure that your application fully addresses the appointment criteria in the person specification.

You should give the names, positions, organisations and telephone contact numbers of two referees, one of whom should be your current/most recent employer. References will only be taken once your express permission has been granted.

We ask that you complete the equal opportunities information online when you submit your application via our website. The information collected will be treated as confidential, used for statistical purposes only, and will not be treated as part of your application.

We would also be grateful if you could let us know if you will require any special provision as a result of any disability should you be called for interview.

Finally please ensure that you have included mobile, work and home telephone numbers, as well as any dates when you will not be available or might have difficulty with the indicative timetable.

Applications should be made via the Prospectus website: www.prospect-us.co.uk/executive/job/HQ00158336

Applications can also be posted to: Sarah Hill, Prospectus, 20-22 Stukeley Street, London, WC2B 5LR

Timetable Closing date: Monday 27th July 2015 Initial interviews with Prospectus: 3rd 21st August 2015Site visits to 3SC and meeting with CEO and Programme Director: 27th/ 28th August 2015Competency based interviews with CEO and HR representative: w/c 31st August 2015Interview with CEO, Chair and partner: w/c 7th September 2015

This dates may be subject to change and applicants will be advised in advance should this happen.

Recruitment Process Should you decide to make a formal application, you will receive feedback within seven working days of the closing date. Shortlisted candidates may be required to undertake an additional assessment prior to the final interview. The successful appointment is subject to a satisfactory criminal records disclosure and written references.

Queries If you have any queries on any aspect of the appointment process, need additional information or would like to have an informal discussion, please contact Anna Gardet or Hanna John on 020 7691 1920 or via email at [email protected] or [email protected]

How to Apply

Prospectus Ltd 20-22 Stukeley Street London, WC2B 5LR

020 7691 1925 www.prospect-us.co.uk

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Appointment Brief

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