
Finance Placement Year
Job summary
Working towards sustainable futures. Championing diversity in the workplace. At the Department for Work and Pensions (DWP), it’s all in a day’s work. From HR to Finance, Policy to Communications, this is work that sustains and supports, where everyone’s voice is heard, and our customers are at the heart of everything we do.
For a career packed with possibility, a comprehensive benefits package, where we live by our values and have the opportunity to improve the lives of people across the UK, look no further.
Supporting people who need it most. That’s our purpose. Start your own career today.
This one-year placement is a fantastic opportunity to join one of Government’s finance functions. You will have the opportunity to consolidate your degree learning and gain valuable experience working in a finance role within a finance directorate.
DWP’s directorates are: Strategic Finance; Financial Management and Partnering; and Payments, Systems and Financial Control. You also benefit from a wide network of resources and experienced finance professionals who can support you on your journey to becoming a qualified finance professional. This role will lay the foundations for a rewarding career in government finance as an accountancy professional.
Successful students will also be part of a wider cohort of university students starting their placements at around the same time.
Job description
As a key member of the finance team, the postholder will undertake essential finance tasks to support the effective delivery of the team’s objectives. This will include:
- Tracking how money is being spent, ensuring spend is within budget and identifying trends or patterns.
- Helping to prepare simple financial reports, creating spreadsheets and creating charts or summaries that managers can quickly understand.
- Supporting departmental planning and forecasting, helping to estimate how much money the business will need to deliver its objectives.
- Learning how Government finance works, including developing an understanding of how public money is allocated, and the rules each department must follow.
- Build and maintain key relationships, developing trust and managing the expectations of managers and stakeholders.
- Provide timely, accurate and clearly communicated financial information and analysis to support decision making, in ways that non-finance people will understand.
- Ensure effective support and advice to the business. Engage with other finance teams to identify and pursue opportunities for continuous improvement.
Gain confidence using the department’s financial systems and processes, sharing your expertise with others.
Hybrid working
This role may be suitable for hybrid working, which is where an employee works part of the week in their DWP office and part of the week from home. This is a voluntary, non-contractual arrangement and your office will be your contractual place of work.
If a hybrid working arrangement is suitable for the role and for you, you will normally be required to spend a minimum of 60% of your contracted working hours from your DWP office.
If you have a disability, caring responsibilities, or other circumstances that may affect your ability to meet the minimum office attendance requirement, please discuss this with us using the contact details in this advert.
Visa Sponsorship
Please note that these vacancies are not currently eligible for new applications for Visa Sponsorship on the Skilled Worker route, for any candidates who do not currently have permission to be in the UK as a Skilled Worker where they were sponsored before 4 April 2024, even if relying on tradeable points (including the new entrant tradeable points option) as they are not included in the published Immigration Salary List. This information is offered as guidance only, and we recommend that applicants seek specialist advice on their eligibility for Visa Sponsorship (if applicable) when considering whether to apply for any role.
Locations
Please note that for candidates requesting to work in Newcastle, this role will be based at Benton Park View from September 2025, and then at 1 Pilgrim Place in Newcastle city centre by the end of 2027.
Selection for appointment to the Civil Service is on merit and successful candidates will be posted in merit order, on the basis of fair and open competition, as outlined in the Civil Service Commission's Recruitment Principles here.
Person specification
Students must be coming to the end of their penultimate year of undergraduate study, with the option to complete the placement year/industrial placement as their 3rd year of a 4 year undergraduate degree.
Essential Criteria
A strong candidate for this role should be able to demonstrate the following Essential Criteria:
- Lead Criteria - A passion for learning and developing knowledge, inviting feedback on performance and seeking opportunities to address skills gaps.
- Ability to understand customer needs and deliver an effective service in your role.
- Prioritising objectives and setting plans to deliver these.
- A strong interest in finance and a desire to build a career in accountancy.
- Good communication skills and the ability to build networks and relationships.
Qualifications
You must be currently studying a degree at University.You must have GCSE passes in Maths and English as well as a Level 3 qualification or higher / equivalent. A Level 3 qualification is equivalent to A Levels, T Levels or a BTEC, for example. If you are unsure as to whether you hold sufficient qualifications to meet our level 4 apprenticeship entry requirements, please contact our recruitment team.
Behaviours
We'll assess you against these behaviours during the selection process:
- Developing Self and Others
- Managing a Quality Service
- Working Together
Technical skills
We'll assess you against these technical skills during the selection process:
- Lead Criteria - A passion for learning and developing knowledge, inviting feedback on performance and seeking opportunities to address skills gaps
Benefits
Alongside your salary of £32,137, Department for Work and Pensions contributes £9,310 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.DWP have a broad benefits package built around your work-life balance which includes:
- An occupational pension with an employer contribution of over 28.97% plus a range of other benefits - Benefits of the pension scheme
- Working patterns to support work/life balance such as job sharing, term-time working, flexi-time and compressed hours.
- Generous annual leave – at least 23 days on entry, increasing up to 30 days over time (pro–rata for part time employees), plus 9 days public and privilege leave.
- Support for financial wellbeing, including interest-free season ticket loans for travel, a cycle to work scheme and an employee discount scheme.
- Health and wellbeing support including our Employee Assistance Programme for specialist advice and counselling and the opportunity to join HASSRA a first-class programme of competitions, activities and benefits for its members (subscription payable monthly).
- Family friendly policies including enhanced maternity and shared parental leave pay after 1 year’s continuous service.
- Funded learning and development to support progress in your role and career. This includes industry recognised qualifications and accreditations, coaching, mentoring and talent development programmes.
- An inclusive and diverse environment with opportunities to join professional and interpersonal networks including Women’s Network, National Race Network, National Disability Network (THRIVE) and many more.
Things you need to know
Artificial intelligence
Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.Selection process details
This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.Sift stage:
Initial sift – Lead Criteria:
As part of the application process, you will be asked to provide evidence of no more than 250 words against the Lead Essential Criteria ' A passion for learning and developing knowledge, inviting feedback on performance and seeking opportunities to address skills gaps '. We are interested in what you did and how you did it, and what was the outcome, as part of your example.
Further details around what this will entail are listed on the application form.
Only candidates who pass the initial sift on the Lead Criteria will be progressed to full sift of personal statement.
Full sift:
You will be required to complete a Personal Statement of up to 1,000 words, addressing the remaining Essential Criteria. Please note that references to the Lead Criteria should not be included in this section. Further guidance on what is expected can be found in the application form.
The sift panel will use the information in your personal statement to assess your experience, skills and knowledge against the remaining Essential Criteria. You will only receive a score for your personal statement if you pass the initial sift.
Interview stage:
If you have been successful in sift stage, you will be invited to an online interview via Teams. You will need to produce evidence of ID and qualifications prior to and at the interview.
During the interview you will be assessed against the behaviours outlined in the job advert.
Feedback will only be provided if you attend an interview or assessment.
There will also be a pre-application support session for candidates, to be held virtually. We will contact applicants with the full details once this is organised.
Application sift is planned to be carried out WC: 25th March 2026.
Interviews are planned to be carried out WC: 27th April 2026.
Please be advised that the above dates are indicative only and are subject to change.
DWP may consider increasing the overall pass mark at sift or interview stage in order to manage applications and outcomes.
Further Information
Existing Civil Servants and applicants from accredited NDPBs are eligible to apply, but will only be considered on loan basis (Civil Servants) or secondment (accredited NDPBs). Prior agreement to be released on a loan basis must be obtained before commencing the application process. In the case of Civil Servants, the terms of the loan will be agreed between the home and host department and the Civil Servant. This includes grade on return.
At the Department for Work and Pensions (DWP) we value diversity and inclusion and actively encourage and welcome applications from everyone, including those that are underrepresented in our workforce.
Find out more about working for DWP on the DWP Careers Hub.
Reserve lists
A reserve list may be held for a period of 6 months from which further appointments can be made.
If you are placed on a reserve list but we cannot immediately offer you a post, please note:
- If you are later offered the role you applied for, in a location you have expressed a preference for, and you decline the offer or are unable to take up the post within a reasonable timeframe you will be withdrawn from the campaign and removed from the reserve list, other than in exceptional circumstances (e.g. a contractual Part Time Working Pattern cannot be accommodated in the initial role offered or in cases of serious ill health).
- If DWP makes an offer on an alternative role that is similar to the one you applied for we will contact you to discuss the details. If you decline that offer, you will be able to remain on the reserve list.
This role is full time only. Applicants who wish to work an alternative pattern are welcome to apply however your preferred working pattern may not be available and you should discuss this with the vacancy holder before applying.
Disability Confident Scheme
If high application volumes are received, the benchmark for candidates to proceed to the next stage may be raised. In line with our commitment to the Disability Confident Scheme (DCS), we aim to advance all candidates applying under the DCS who meet the minimum standard. However, we may only progress those candidates who best meet the required standards.
Reasonable Adjustments
We consider visible and non-visible disabilities, neurodiversity or learning differences, chronic medical conditions, or mental ill health. Examples include dyslexia, epilepsy, autism, chronic fatigue, or schizophrenia.
If you need a change to be made so that you can make your application, you should contact the Government Recruitment Service via DWPRecruitment.grs@cabinetoffice.gov.uk as soon as possible before the closing date to discuss your needs.
Complete the “Reasonable Adjustments” section in the “Additional requirements” page of your application form to tell us what changes or help you might need further on in the recruitment process. For instance, you may need wheelchair access at interview, or if you’re deaf, a Language Service Professional.
If you are experiencing accessibility problems with any attachments on this advert, please contact the email address in the 'Contact point for applicants' section.
Integrity, plagiarism and Civil Service Principles
The Civil Service values honesty and integrity and expects all candidates to abide by these principles.
Please ensure that all examples provided in your application are taken directly from your own experience and that you describe the examples in your own words.
Examples of plagiarism can include:
- Presenting the work, ideas and experience of others as your own
- Copying content or answers from an online or published source that is not your own
Disclosure and Barring Service and Internal Fraud Database Checks
In order to process applications without delay, we will be sending a Criminal Record Check to Disclosure and Barring Service on your behalf.
However, we recognise in exceptional circumstances some candidates will want to send their completed forms direct. If you will be doing this, please advise Government Recruitment Service of your intention by emailing Pre-EmploymentChecks.grs@cabinetoffice.gov.uk stating the job reference number in the subject heading.
Applicants who are successful at interview will be, as part of pre-employment screening, subject to a check on the Internal Fraud Database (IFD). This check will provide information about employees who have been dismissed for fraud or dishonesty offences. This check also applies to employees who resign or otherwise leave before being dismissed for fraud or dishonesty had their employment continued. Any applicant’s details held on the IFD will be refused employment. A candidate is not eligible to apply for a role within the Civil Service if the application is made within a 5 year period following a dismissal for carrying out internal fraud against government.
If successful and transferring from another Government Department, a criminal record check will be carried out.
Important
New entrants are expected to join on the minimum of the pay band.
Before applying for this vacancy, current employees of DWP should check whether a successful application would result in changes to their terms & conditions of employment, e.g. mobility, pay, allowances. If you are a current employee and are successful you must be able to be released from your current post within four weeks.
Those on protected TUPE/ COSoP terms and conditions applying on promotion or voluntary permanent level move will adopt DWP’s Terms and Conditions and this may have a different impact on pay and allowances. Please review this prior to acceptance of a role.
Civil Servants that would transfer into DWP from other government organisations, following successful application, will assume DWP's terms & conditions of employment current on the day they are posted, unless DWP has stated otherwise in writing. Accepting a post will be taken to mean acceptance of revised terms & conditions.
Civil Servants applying on promotion will usually be appointed to the salary minimum or within 10% of existing salary.
Any move to DWP from another employer will mean you can no longer access childcare vouchers. This includes moves between government departments. You may, however, be eligible for other government schemes, including Tax Free Childcare. Determine your eligibility at the Childcare Choices Website.
Feedback
Feedback will only be provided if you attend an interview or assessment.
Security
Successful candidates must undergo a criminal record check.People working with government assets must complete baseline personnel security standard (opens in new window) checks.Nationality requirements
This job is broadly open to the following groups:
- UK nationals
- nationals of the Republic of Ireland
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
- individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
- Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Working for the Civil Service
The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.
Diversity and Inclusion
The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).Apply and further information
This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.Contact point for applicants
Job contact :
- Name : Mark Murphy
- Email : Mark.murphy4@dwp.gov.uk
Recruitment team
Further information
Appointment to the Civil Service is governed by the Civil Service Commission’s Recruitment Principles. If you feel your application has not been treated in accordance with these principles and you wish to make a complaint, you should in the first instance contact DWP by email: HR.BUSINESSASSURANCE@DWP.GOV.UK.If you are not satisfied with the response you receive from the Department, you can contact the Civil Service Commission. Click here to visit the Civil Service Commission.
Attachments
Candidate Pack Opens in new window (pdf, 625kB)DWP Terms and Conditions January 2024 Opens in new window (docx, 17kB)Success-Profiles-Candidate-Overview-Accessible-Version Opens in new window (docx, 220kB)Salary range
- £32,137 per year