London Borough of Tower Hamlets
Programme Director of Medium-Term Financial Strategy Development

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Job Title (if present)
This is a six-month assignment required urgently to support the Council’s budget-setting process and strengthen its approach to financial sustainability. The successful candidate will be a senior local government, public sector, or consultancy professional with a strong track record of leading large-scale financial transformation, savings delivery programs, and organizational improvement. They will need to operate credibly at Executive and Member level, challenge existing assumptions, and work across multiple directorates to identify, evaluate, and implement sustainable financial solutions.
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Graduate Consultant — 2026 Scheme
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StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
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Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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Key Responsibilities
- Undertaking due diligence on the reliability and deliverability of existing savings and budget assumptions.
- Developing options and recommendations for strengthening the Council’s budget-setting approach, including consideration of methodologies such as Outcome-Based Budgeting (OBB), Zero-Based Budgeting (ZBB), and other best-practice models.
- Establishing more robust financial forecasting, modeling, appraisal, and benefits realization frameworks.
- Providing strategic oversight and challenge to Medium-Term Financial Strategy (MTFS) development, savings delivery, and transformation activity across the organization.


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Requirements
We are looking for an individual who can demonstrate significant experience leading complex MTFS, financial recovery, savings, or transformation programs within local government or a similarly complex public sector environment.
Details
- Type of Assignment: Specialist, project-focused assignment rather than a substantive leadership post, with clearly defined deliverables and outcomes.
- Duration: 6 months
- Rate: £700-£750 per day (subject to experience)
- Location: Hybrid / London
- Start: As soon as possible
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