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Graduate Accountancy Scheme September 2024

Employer
National Audit Office
Location
London (Central), London (Greater) (GB) and Newcastle Upon Tyne
Salary
London: £32,435 p.a. / Newcastle: £26,204 p.a.
Closing date
26 Oct 2023

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Sector
Public sector and government
Salary band
Competitive
Contract type
Graduate schemes
Hours
Full Time
Where will they be working?
Hybrid - mostly office

Job Details

Our highly successful ACA professional training scheme is now live! Our ambition for our graduate trainees is that you will:

  • Start a fantastic, purpose driven career in an inclusive and supportive environment
  • Get involved in challenging, inspiring work that makes a difference to the nation
  • Undertake varied work with an unrivalled network of high-profile government departments, public sector bodies and non-departmental government bodies
  • Achieve the prestigious Chartered Accountancy qualification and membership of the Institute of the Chartered Accountants in England Wales (ICAEW)
  • Learn more about yourself and your ambitions as you develop skills as a professional, a manager and a leader
  • Enjoy a supportive and social peer network and work with teams and colleagues who are excited to support your development

We also offer an extremely attractive pay and benefits package:

  • A highly competitive starting salary – upon qualifying your salary is more than £58,000 a year for London and £51,000 a year for Newcastle
  • Annual pay increases with additional increases upon passing each professional exam milestone
  • Fully funded ACA qualification and ICAEW membership subscriptions
  • 35 days’ holiday (including public holidays)
  • Fully paid 25 weeks study leave in block release
  • Civil Service pension scheme
  • Opportunities to take responsibility early in your career
  • An excellent system of support from NAO colleagues

The start date for the scheme is Monday 2 September 2024 where you will embark on our 3-month induction programme.

If you have already graduated, we offer early start positions from January to April 2024. This will provide an invaluable chance to gain practical work experience before embarking on the training programme in September. Please let the team know if you are interested in an early start position so your assessment centre can be prioritised.

Note: We reserve the right to close vacancies earlier than the closing date should sufficient numbers of applications be received. We recommend prompt submission of your application.

As you navigate your path towards Chartered Accountancy as an Audit Associate, you will work with a diverse range of clients including central and local government. You will start out supporting our core financial audits and you will gradually get to work on bigger audits and more complex projects, taking the lead as you develop your skills and confidence. While primarily focused on financial audits, you will also have the opportunity to participate in a breadth of other work including support for Parliament, investigations and our high impact value for money studies that frequently make headlines.

You can find out a lot more about us and our work from our website http://naoaccountancyscheme.co.uk.

Academic Requirements

To join our Graduate Scheme, you must have:

  • A minimum of 120 UCAS points (or 300 based on the pre-September 2017 UCAS tariff point system) or equivalent from your top 3 A' Levels, not including General Studies. If you have 104 UCAS points (or 260 based on the former UCAS tariff point system), you may still be eligible to apply as your application will be reviewed in the context of your socio-economic background.
  • 2:1 undergraduate degree (or better) in any degree discipline (achieved or expected).
  • You should not be on a current training contract with another accountancy firm or be part-qualified.
  • We do consider accredited degrees such as Accountancy & Finance, but you will follow our training pathway.

If you need any reasonable adjustments during the process, please get in touch with our team at HRServiceDesk@nao.org.uk so we can discuss how best to accommodate your requirements.

Nationality Requirements

  • UK Nationals
  • Nationals of Commonwealth countries who have the right to work in the UK
  • Nationals from the EU, EEA, or Switzerland with (or eligible for) status under the European Union Settlement Scheme (EUSS)

As the graduate accountancy training scheme is 3 years, candidates need to have the right to work as a permanent, full-time employee in the UK without restrictions for the duration. We would recommend that you visit the UK government website to check eligibility.

We are not able to sponsor work visas so please contact us at HRServiceDesk@nao.org.uk should you have any questions regarding your eligibility.

Company

The National Audit Office (NAO) is the UK’s independent public spending watchdog.

We support Parliament in holding government to account and we help improve public services through our high-quality audits.

We are independent of government and the civil service. The Comptroller and Auditor General (C&AG), Gareth Davies, leads the NAO. He is an officer of the House of Commons with statutory authority to:

  • audit and report on the financial accounts of all government departments and other public bodies
  • examine and report on the value for money of how public money has been spent. ​

The Public Accounts Commission (TPAC), a parliamentary committee of MPs, oversees our work.

Read more about the governance of the NAO.

We have an ambitious five-year strategy from 2020 to 2025. Its aim is to improve our support to Parliament in examining public sector performance, provide more practical recommendations that lead to better outcomes, and share more of our independent insight. Read more about our recent impacts in our Annual Report and Accounts 2022-23.

Company info
Telephone
0207 798 7227
Location
157 – 197 Buckingham Palace Road
London
London
SW1W 9SP
United Kingdom

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