NHS Graduate Management Training Scheme (GMTS)
graduate scheme
Expires29 days

Finance Trainee

Job description

Modelling a better future for communities everywhere. Start your career journey in Finance.

The NHS Graduate Management Training Scheme (GMTS) offers trainees a 20-day induction, in-role experience on placements, post-graduate education and pastoral care. Also, the freedom of a two month ‘flexi’ placement designed by you. Our programme supports you in developing skills, experience and confidence to begin your leadership journey successfully.

You’ll be on the Scheme for two years and six months - and as one of 250 trainees across 6 specialisms, you will join a network of future leaders in the NHS. Trainees earn an average of £40k in their first NHS role, after graduating from the Scheme.

Join our Finance specialism and we’ll offer you a real opportunity to shape services, find efficiencies and develop new ways of working that are better for the NHS and therefore benefit us all.

You’ll develop skills and experience in strategic and operational finance as well as financial and management accounting. No trainee day is ‘typical’, the scale of the NHS means that we have a variety of placement types and locations available. Recent trainees have worked in hospitals, reviewing cost efficiencies of operating theatres and wards – as well as in office locations, working on annual reports and pension planning. You will be given early responsibility on the scheme but also work collaboratively with operational and clinical colleagues, to ensure the financial viability of services.

We will support you to gain a professional finance and accountancy qualification from the Chartered Institute of Public and Finance and Accountancy (CIPFA).

You will study for 12 modules, including Management Accounting and Financial Accounting, Audit and Assurance, Company Financial Reporting and Financial Management, submitting a strategic case study at the end of the scheme.

Trainees on all specialisms work towards a post-graduate certificate in Healthcare Leadership in their first year on the scheme. In addition to formal qualifications, trainees also participate in experiential and action learning, to develop their leadership skills more broadly.

Our Finance trainees have gone on to succeed in challenging and rewarding careers across the NHS in roles such as finance manager, business analyst, management accountant, pricing analyst and eventually senior management roles include Director of Finance and Business Partner.

“No decision is made without taking into consideration the financial implication of that decision. Make no mistake, the role is challenging. But knowing in the end your work and decisions will make a difference; this is what makes my role so worthwhile.” Krupa, Finance Scheme

Join the NHS GMTS and make a difference to the lives of millions of people. The NHS is the biggest employer in Europe, and we have placements available across England.

Our non-clinical scheme offers you the opportunity to develop into a future leader in one of our specialisms including General Management, HR, Finance, Policy & Strategy and Data Analysis. Our trainees work in a range of organisations and types of services. You could be improving patient care in a busy hospital department or developing better ways of using data to improve key services as part of an office-based team. You will face challenges and enjoy success on a scheme where no two days are the same. This could be the start of an amazing journey.

Additional benefits

Competitive salary

You’ll receive a minimum starting salary of £26,382 on commencement, plus where applicable (dependant on the location of your placement) the NHS High Cost Area Supplement (HCAS).

All trainees, subject to satisfactory probation and ongoing work and academic performance, will receive a 5% increase after 12 months.

Fully funded study package

Education is an important component of the NHS GMTS. You’ll study for at least one professional qualification during your time with us. There are no academic costs to trainees, the qualifications are fully funded.

Network

A crucial benefit of the programme is the network you will be part of – not only with other trainees, but experts and leaders, HR and learning professionals as well as other key stakeholders in the programme. This provides a great opportunity to share insights and learn from each other, gaining knowledge about the wider organisation.

NHS Pension Scheme

We will automatically enrol you onto the highly regarded NHS Pension Scheme when you start with us.

Employee Assistance Programme (EAP)

The Employee Assistance Programme is a 24 hours a day 7 days a week confidential service, which can support colleagues with a range of issues including relationships, stress, legal and financial concerns, bereavement and discrimination.

Cycle to work

The Cycle2Work scheme is available through Halfords, Tredz and various independent retailers. It’s run via salary sacrifice, meaning you will pay less tax and National Insurance, allowing you to make savings of up to 47% on the cost of hiring a new bike and equipment. This is to the value of between £100 and £3,000. The scheme is available once you have completed your probation period.

What we are looking for

We’re looking for candidates with potential to develop into the NHS leaders of tomorrow. Our placements are challenging but rewarding and you’ll be required to undertake post-graduate study.

A commitment to improving people’s health and their experience of the NHS is crucial of course. If you’re thinking about joining our Scheme, it’s important to consider the principles and values that will become core to your role as a trainee and as a future leader. The NHS Constitution for England sets out the principles that bind together the communities and people the NHS serves – patients and public – and the staff who work for it. The Scheme, and indeed all NHS jobs, are open to eligible candidates from all backgrounds.

Accepted degree subjects

Any

Additional job details

Location
East Midlands
East of England
London
North East England
North West England
South East England
South West England
Wales
West Midlands
Yorkshire and the Humber
Salary
£26,382

plus benefits

Contract, dates and working times
Fixed term

Start Date 4 September 2023

Full-time

How to apply

Our recruitment process is designed to assess your strengths. It’s not about what you’ve studied, the university you went to or the work experience you might have done. We’re interested in finding out your potential to become a future NHS leader.

Click Apply to start your application now. This job will be available on Prospects until 31 October 2022

Don't forget to mention Prospects to employers when you contact them.

Closing date:  31 October 2022

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Expires29 days

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