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- Tasks: Lead financial strategy development and provide strategic advice for health service transformation.
- Company: Join the Lancashire and South Cumbria Integrated Care Board, a key player in healthcare.
- Benefits: Competitive salary, professional development, and the chance to make a real difference.
- Other info: Collaborative environment with opportunities to influence major healthcare decisions.
- Why this job: Shape the future of healthcare finance and tackle health inequalities head-on.
- Qualifications: Experience in financial strategy and strong leadership skills required.
The predicted salary is between 75000 - 117800 £ per year.
Lancashire and South Cumbria Integrated Care Board (ICB) is recruiting a Director of Financial Strategy to lead the development of the system's long‑term revenue and capital financial strategy. Reporting to the Chief Finance Officer, you will provide senior strategic advice and robust financial modelling to support investment decisions, service transformation, health inequalities reduction and sustainable delivery across the Integrated Care System.
Responsibilities
- Medium‑term financial strategy (revenue, capital, workforce, transformation)
- Strategic support for major service transformation and investment/disinvestment cases
- Leadership for productivity and efficiency programmes
- Governance, assurance, risk management and statutory stewardship
- Senior system finance leadership with NHS England/partners and contribution to regulatory processes
- Lead development and delivery of the L set consistent planning assumptions across revenue, capital, workforce and transformation
- Provide financial leadership across LSC Places, supporting aligned plans and effective place‑based arrangements (delegated budgets, incentives and risk‑sharing) to maintain system control and reduce health inequalities
- Work with providers to align medium‑term plans, support recovery trajectories and sustainable clinical models, and apply enhanced financial oversight where required
- Support development and prioritisation of the system capital, estates and investment strategy with providers, Places and NHS England
- Lead/oversee productivity, efficiency and transformation programmes; ensure savings are credible, benefits realised and non‑recurrent risks managed, and value for money informs decisions
- Ensure robust financial governance, assurance and risk management; support statutory responsibilities for control, balance and stewardship; act as senior interface with NHS England finance teams
- Provide visible, inclusive leadership across system finance/strategy and contribute to corporate and system leadership beyond finance
Note: duties are not exhaustive and may change; additional tasks may be required.
Key Direct Relationships
The post holder may have regular contact with a wide range of staff at all levels within the ICB, with senior and other representatives of local stakeholders, as well as with patients and their representatives.
Director of Financial Strategy (Fixed Term) employer: Lancashire and South Cumbria Integrated Care Board (ICB)
Contact Detail:
Lancashire and South Cumbria Integrated Care Board (ICB) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Financial Strategy (Fixed Term)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the organisation and its financial strategies. Be ready to discuss how your experience aligns with their goals, especially around service transformation and health inequalities reduction.
✨Tip Number 3
Showcase your leadership skills! In interviews, share examples of how you've led financial initiatives or teams in the past. Highlight your ability to drive productivity and efficiency programmes, as this is key for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team.
We think you need these skills to ace Director of Financial Strategy (Fixed Term)
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in financial strategy and leadership. We want to see how your skills align with the role, so don’t hold back on showcasing relevant achievements!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to explain your experience and how it relates to the responsibilities outlined in the job description. We appreciate clarity!
Showcase Your Leadership Skills: As a Director of Financial Strategy, leadership is key. Make sure to include examples of how you've led teams or projects in the past, especially in areas like service transformation and financial governance. We love seeing strong leadership!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Lancashire and South Cumbria Integrated Care Board (ICB)
✨Know Your Financial Strategies
Make sure you’re well-versed in the latest trends and best practices in financial strategy, especially within the healthcare sector. Brush up on your knowledge of revenue and capital financial strategies, as well as how they apply to service transformation and health inequalities.
✨Showcase Your Leadership Skills
Prepare examples that highlight your leadership experience, particularly in finance. Be ready to discuss how you've led teams through complex financial modelling or strategic decision-making processes, and how you’ve contributed to productivity and efficiency programmes.
✨Understand the Integrated Care System
Familiarise yourself with the Integrated Care System in Lancashire and South Cumbria. Understand its goals, challenges, and how your role as Director of Financial Strategy can help achieve better health outcomes and reduce inequalities.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Think about potential challenges the ICB might face and how you would approach them, particularly regarding financial governance and risk management.