Waltham Forest creates ‘director of return on investment’ role
0London Borough of Waltham Forest is creating a new post of “director of return on investment” to drive financial and social impact from investment. The authority is advertising the new post, which will pay £110,000, and serve as deputy section 151 officer to the authority’s strategic director of finance and governance in the areas of their direct responsibility.
The job description for the role says the core responsibility of the new director will be providing the financial “input” to a range of major programmes and projects to “ensure that appropriate finance due diligence and benefits and value for money are achieved.”
The report said: “However, this work will not be limited to individual schemes but also to developing and maintaining an approach where the services deliver a return on investment (financial or social) and will deliver outcomes that contribute to the achievement of the council’s priorities.”
The council is also recruiting a director of financial services to lead on financial planning, strategy and major projects.