A Vacancy at Lancashire Teaching Hospitals NHS Foundation Trust.
Are you ready to take the lead in driving financial excellence and transformative change?
In this pivotal role, you will spearhead the financial strategy behind service transformation across Lancashire and South Cumbria, ensuring resources are optimised for maximum impact. As a trusted finance business partner to the PCB, you’ll provide expert budgetary guidance, deliver insightful financial reports, and influence key decision-making at the board level.
This is a unique opportunity to play a crucial role in fostering collaboration across Trusts and the wider health system—shaping the future of healthcare in the region. If you thrive in a dynamic environment and are passionate about making a real difference, this is the role for you!
In your role, you will drive system-wide financial improvement and transformation programmes, ensuring that efficiency, productivity, and activity align with national benchmarking tools such as Model Health, Getting it Right First Time, and Corporate Benchmarking. You will work closely with finance teams to assess major service changes, conduct cost-benefit analyses, and lead the development of innovative ways of working to improve financial performance. Drawing on your expertise, you will provide guidance on programme management approaches, financial risk management, future operational finance issues, financial planning, and financial assurance mechanisms.
Working autonomously, you will establish and refine policies and processes that support wider efficiency programmes, collaborating with SROs to develop plans and implement system-wide financial improvement initiatives. You will take the lead in developing financial improvement reporting to the PCB and ICB, ensuring alignment with transformation programmes. As an integral member of the PCB’s Management Team, you will contribute to shaping the organisation’s strategic direction, making sure that all financial decisions are in the best interest of the Trust and support its long-term vision.
The five Acute and Mental Health NHS Trusts in Lancashire and South Cumbria have established a collaborative to improve health and healthcare services. The primary objectives are to reduce health inequalities, enhance services, outcomes, and patient experience through working in partnership with the Integrated Care Board to enable system recovery, transformation and long-term sustainability. Additionally, the collaborative aims to make Lancashire and South Cumbria a great place to live and work.
The Provider Collaboration Board, which leads this initiative, comprises of the Chairs and Chief Executives of the five Trusts, who jointly make
decisions to benefit the 1.8 million residents of the area. This collaborative effort is a key component of the Lancashire and South Cumbria Integrated Care System, underscoring the importance of unified healthcare delivery.
Collaborative Members:
• Blackpool Teaching Hospitals NHS Foundation Trust
• East Lancashire Hospitals NHS Trust
• Lancashire and South Cumbria NHS Foundation Trust
• Lancashire Teaching Hospitals NHS Foundation Trust
• University Hospitals of Morecambe Bay NHS Foundation Trust
Further to the above, duties will include:
• To actively develop internal and external relationships and work
with Management leads, Continuous Improvement Teams,
Executive Directors, senior finance teams and key stakeholders,
ensuring full clinical and non-clinical engagement
• To be responsible for own continual professional development
and where necessary that of all direct reports. To act be actively
engaged in providing cost benefit analysis training and service
improvement methodologies and support to non-finance staff
• To provide support to the PCBs Finance SRO in advising the
PCB on strategic and operational matters relating to all aspects
of finance transformation within the system
• Effectively maintain a financial planning system to enable the
achievement of its financial targets
• Working closely with Lancashire partnership organisations,
within LSC Provider Collaboration Board (PCB) and LSC
Integrated Care Board, seek and share examples of best
practice from a financial transformation and efficiency
programme perspective
• Working closely with the Divisions and Transformation team to
ensure a consistent pipeline of financial transformation and
efficiency programmes is available
• Deputise for senior managers as required
This advert closes on Sunday 16 Mar 2025