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Nicola Rankin Llb (Hons), CPFA

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Background
Nicola is a public sector consultant with a wide range of
skills and experience and particular expertise in financial
and educational issues. Her career to date has included
experience as a banker, a venture capital lender, a value
for money specialist with the National Audit Office and a
public sector consultant with Deloitte and Touche and KPMG.
Her work has been the subject of public consultation and
legislative change and she is- completing her second term as
finance adviser to the Scottish Parliament Education
Committee. She is also on the audit committee of Sheffield
Hallam University.
Efficiency & Shared Services
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conducting a scoping study into benchmarking finance, ICT and
HR services across the whole Scottish public sector, including local
authorities, the NHS, higher education and quangos, as a precursor to
sharing those services |
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examining
the feasibility and implementation of
shared
services for a number of local authorities across the UK,
including Revenues and Benefits, call centres, ICT, payroll,
environmental services and planning |
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on behalf of six public sector organisations
within Edinburgh and the Lothians, undertaking a feasibility
study into the potential to share seventeen core services
including finance, ICT, marketing and human resources |
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putting in place shared financial and
administrative systems for the Scottish Public Sector
Ombudsman, the Scottish Information Commissioner, the
Scottish Commissioner for Children and Young People and the
Commissioner for Parliamentary Appointments in Scotland |
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rolling out a private bureau service to
conduct transaction processing for local authorities |
Strategy & Policy
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acting as financial adviser to the Scottish Parliament
Education Committee, specifically commenting on the quality of performance
and budget information provided by the Scottish Executive and costing a
range of policy options for the Committee’s early years enquiry |
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as part of a team from the Learning and
Skills Development Agency, undertaking an investigation for
the Learning and Skills Council into the effectiveness of
performance-related funding within the further education
sector, as well as a similar assignment examining the impact
of the free Level 2 offer |
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a review of strategic options for the future
provision of further education (FE) in Glasgow, including an
analysis of the relevant economic, curricular and estates
factors, sounding of local employers and stakeholders and
the generation and assessment of a range of strategic
options. The findings of this assignment will have
significant consequences for the future configuration of FE
in the city |
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the conduct of demand assessments for several
HE and FE institutions seeking to configure their offerings
more closely to employer needs |
Organisational Review
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advising on the financial and estates
implications of potential mergers for public sector bodies,
including formal due diligence |
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reviewing finance functions within
various public sector organisations and making
recommendations for strategic and operational changes |
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on behalf of the Scottish Funding
Council, critical assessment of the Management Action Plans
produced by 43 of Scotland’s colleges, commenting on the
adequacy of governance, planning, human resources, finance
and estates management |
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on behalf of the Millennium Commission,
operational review of the University of the Highlands and
Island Millennium Institute (UHIMI), a project involving
substantial capital expenditure on new infrastructure at the
15 colleges which make up UHIMI |
Costing
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reviewing the robustness of financial
recovery plans in West Hertfordshire and reference costs in
North Staffordshire trusts, both areas of the highest NHS
deficits in the UK |
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on behalf of the Department of Health,
assessment of abortive costs incurred in two large and
complex PPP projects as a result of the DoH review |
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on behalf of two councils, Highland and
Argyll and Bute, modeling the financial impact of
supersparsity in remote areas of Scotland; On behalf of
Universities Scotland, undertaking a comparison of the
Scottish and English higher education funding models |
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on behalf of the Department of Finance
and Personnel of Northern Ireland, working with the
University of Ulster and the Institute of Revenues, Rating
and Valuation (IRRV) to model the impact of introducing a
capital-based valuation system in Northern Ireland |
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undertaking a feasibility costing in
respect of a World Trade Centre to be based in Edinburgh |
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on behalf of the Higher Education
Funding Council for England (HEFCE), participation in a
study examining the marginal cost of expansion of higher
education to the government’s target levels. This included
financially modeling the impact of widening participation |
Funding
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the preparation and critical review of
business cases and financial models |
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various PPP projects including:
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examining the abortive costs payable
on two complex schemes in Leicester and North
Staffordshire which were delayed by the Department of
Health review |
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the role of project manager in the
submission of an Outline Business Case for a £200
million PPP project for North Lanarkshire Council. This
last role involved managing subcontracted technical and
legal specialists as well as the in-house team members |
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acting as project manager on behalf
of Midlothian Council for a very large, pathfinding,
regeneration PFI exercise. This combined a PFI project
for schools and community facilities, with a joint
venture to construct roads, housing and a business park |
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Training
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on behalf of the UK higher education funding councils
through the Joint Costing and Pricing Steering Group, development of
learning materials on costing and pricing and delivery of a series of
seminars to senior finance and academic staff of Universities across the UK
on the subject |
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preparation and delivery of a range of courses including
basic consultancy skills and financial skills for new managers. |
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