Executive Director
Finance & Corporate Services
Job Pack
August 2014
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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 emailing
[email protected] and providing your contact details.
I look forward to receiving your completed application by the closing date of 7 September 2014.
Yours sincerely
Sally Hopper
Head of Human Resources
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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 13 - 14
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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
www.queenelizabetholympicpark.co.uk Closing date: 7 September
2014, interviews week commencing 15 September 2014.
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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 2010.
Partners and stakeholders
We depend on a wide variety of partners and stakeholder to achieve these aims. These include:
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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.
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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:
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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 21st
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.
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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:
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promoting convergence, employment and community participation
championing equalities and inclusion
ensuring high quality design and
ensuring environmental sustainability.
Business Plan
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Role Profile
Role Title
Executive Director of Finance and Corporate Services
Directorate
Finance and Corporate Services
Reports to
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
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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.
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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.
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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.
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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.
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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.
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Determine performance indicators and targets for the delivery of all programmes and
objectives, including relevant inputs, outputs, outcomes, systems and impacts to measure
performance.
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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.
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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.
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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.
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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.
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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.
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Provide visible leadership and motivate staff to ensure that delegated responsibilities are
achieved and effective communication maintained, including ensuring on-going performance
management.
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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;
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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.
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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;
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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.
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Role competencies
Part one
Knowledge and experience
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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
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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.
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London Legacy Development Corporation employee benefits scheme includes:
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32 days annual leave (not including bank holidays)
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Automatic enrolment on the Local Government Pension Career Average Revalued
Earnings (CARE) pension scheme
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Discounted membership to the Copper Box Arena and London Aquatics Centre
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Interest-free season ticket loans
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Access to a cycle hire scheme - LLDC can offer employees a loan of up to £1,000 to
purchase a bike and safety equipment
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The Westfield VIP card - offering a selection of discounts at Europe's largest urban
shopping mall, Westfield Stratford City
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Volunteer days - all employees are entitled to three days volunteering leave, on top of
annual leave allowance
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Parental leave - LLDC pay above the statutory rate for both Maternity and Paternity leave
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Access to the Childcare Voucher Scheme, saving participating employees around £1,000
per year on child care costs
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Access to a confidential support, information and counselling service, the Positive People
Company.
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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 [email protected] by the closing date of 7 September 2014.
Recruitment timetable
Application closing date
7 September 2014
Interview and selection process
Final interview and selection
process
week commencing 15 September 2014
by early October 2014
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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
16 – 24
25 – 34
35 – 44
45 – 54
55 – 64
65+
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)
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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 Yes
be disabled?
No
Thank you for completing this form and please kindly return to Human Resources
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