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finance

Schemes

Finance

On the Finance Fast Stream, you’ll make your mark on some of the most important economic and financial issues facing the country

Duration

4 years

Salary

£28,840

Location

UK-wide

About

Strong financial management and placing finance at the heart of senior decision making is vitally important in the Civil Service. As a Finance fast streamer, you will work in some of the most fascinating, high-profile environments in government and will be part of a 10,000-strong finance community based all over the country.


You'll help shape the government's financial policy and make sure that public services are delivered effectively and efficiently, whilst also gaining a professional accountancy qualification to equip you with the knowledge and skills for a career in public sector finance.


Requirements

  • Eligible to work in the UK
  • You need, or expect to have a 2:1 or higher in any degree subject including degree apprenticeships
  • Existing civil servants can apply without a degree

What will you experience?

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You’ll have the opportunity to engage with senior stakeholders both inside and outside of government from day one. You’ll build relationships and help to put finance at the heart of the decision-making process.Delivering value for money, strengthening public trust.


On completion of the scheme, you'll be a fully qualified accountant. Qualification, promotion and successful completion of the scheme will see you earn around £45k to £55k.


Your progression through the programme

Supporting your learning

You’ll get support to become a Civil Service finance professional, including:

  • Cross-government projects to gain a broad range of technical skills
  • A buddy to help you prepare to join the Fast Stream, and to settle you into the department
  • A qualified and trained mentor and cohort leader
  • Membership of the Finance Fast Stream Forum, a network of fellow Finance Fast Streamers
  • A professional accountancy qualification
  • A cohort undertaking the same qualification as you to provide support and peer learning opportunities
  • Opportunity to meet members of the professional bodies, including their current students and recently qualified accountants
  • Free registration and annual membership with the professional body and tuition provided.
  • Paid for learning materials, tuition, exams and any exemption fees, plus study leave.

Up to £55k

  • Starting Salary - £28,840
  • Capability assessed salary increases throughout the scheme
  • Towards the end of Year 4, you will complete your End of Scheme Assessment. If successful, you will be promoted off the scheme, either into a role you have identified or into a priority permanent role allocated by the scheme. In your role on graduation from the scheme, you could earn between £45k and £55k

What benefits will you enjoy?

benefits

You’ll have a unique chance to work on issues that really matter, and to gain experience internally and externally. It’s the best foundation for promotion and long-term progression.

Other benefits include the Civil Service pension scheme, professional qualifications, flexible working, season ticket loans, sports and social activities, child care assistance and more.

Application process

Step 1 - Online Assessments

Online assessments

The online assessments consist of Work Style Questionnaires, a multimedia Situational Judgement Questionnaire, Numerical Test and Work Based Scenarios.

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Assessment centre

If you pass the online assessments, you’ll be invited to undertake a half day assessment centre. This will be conducted virtually on line. The Fast Stream Assessment Centre (FSAC) reflects some of the key elements of a Fast Stream role and will consist a leadership scenario, a team scenario and a written scenario. Information will be presented via an app that you will be able to access remotely.

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