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Treasurer/Chief Financial Officer
Role Description
Purpose of role
To ensure that the PCC develops and implements an appropriately resourced
financial strategy which delivers good value for money and enables the Chief
Constable to deliver effective and efficient policing
Core responsibilities
1. To develop and manage the PCC’s medium term Financial Strategy in
conjunction with partners
2. To develop an appropriate Treasury Management Strategy that enables
borrowing and lending to be managed in accordance with best practice.
3. To ensure sound financial governance in the Office of the PCC and in the
Force through development of risk management strategies and sound
financial reporting frameworks
4. To ensure that financial management policies underpin sustainable long-term
financial health
5. To ensure compliance with relevant CIPFA Codes including the Prudential
Framework for Local Authority Capital Finance and CIPFA’s Treasury
Management Code.
6. To provide advice on the levels of reserves and balances that is in line with
good practice guidance
7. To monitor the use of grants made by the PCC
8. To establish and maintain programmes to monitor the value for money
provided by the Force, its procurement policies and the PCC’s other
commissioned services
9. To be the PCC’s s.151 officer and the final arbiter of professional financial
standards
10. To develop the annual revenue and capital budget for the PCC and to monitor
the operation of these budgets
11. To have oversight of the preparation of the PCC’s accounts
12. To administer the police and local government pension schemes
Key knowledge/skills/competencies
1. Must be a member of an accountancy body recognised by the International
Federation of Accountants (IFAC), qualified through examination.
2. Must adhere to international standards set by IFAC on ethics and Continuing
Professional Development.
3. Must have relevant senior level experience of financial management in the
public services (preferably the police service) or private sector
4. Proven ability to successfully influence senior managers as part of a top
management team
5. Must be a strong communicator with the ability to explain complex concepts
in a straightforward manner
6. Must demonstrate sound judgment of complex matters
7. Must have a track record of significant achievement as a senior financial
manager
8. Demonstrable ability to use financial information to achieve good value for
money
9. Must possess either an understanding of public sector finances or a
demonstrable ability to acquire this quickly.