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Graduate Trainee - Financial Management / Audit

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Organisation: LGSS   Hours: 37.00
Salary: £21,074 - £30,756   Working Pattern:Permanent
Location: Cambridge; Northampton; Milton Keynes; Norwich   Reference: 14893

Closing date:

19 February 2018 at midday

Established for over 20 years, our Training Scheme offers graduates an extraordinary opportunity for a rewarding career in public finance and internal audit, allowing you to influence key local authority decisions that matter to communities.

LGSS is one of the UK’s largest shared services ventures of its kind, jointly owned by Cambridgeshire County Council, Milton Keynes Council and Northamptonshire County Council. We are looking to recruit a number of enthusiastic and determined individuals to join our two schemes, specialising in either Financial Management or Internal Audit. Successful applicants will have strong communication and analytical skills and be able to think creatively. You are not required to have any previous finance or accountancy experience.

Successful applicants will have, or will be expecting to achieve, a 2:1 degree or higher in any discipline and 3 Bs (or equivalent in UCAS points) at A-Level or equivalent recognised qualification.

All trainees will study for the CIPFA Professional Qualification at the CIPFA Education Training Centre in London. To find about more about the qualification, please visit the CIPFA website:

Salary starts at £23,100 rising to £31,300 (inclusive of pending pay award) over 3 years subject to exam based progression.

Financial Management stream - 2 vacancies based in Cambridge

Over a three year period, you will undertake placements in service finance, corporate finance and internal audit, on a 12-month rotation cycle. Each placement will provide you with a varied mix of day-to-day work and key projects, supporting the needs of your CIPFA studies and your development as a public sector finance professional. Opportunities include:
• supporting a selection of budget managers, providing professional financial advice to maximise their service delivery
• supporting services through budget setting and monitoring, and advising on resource allocation and savings proposals
• gaining a knowledge of technical accounting and working across Public Sector organisations
• developing, completing and reporting on your own Internal Audit assignments to analyse and improve the Council’s control environment.

Internal Audit stream - 2 to 4 vacancies across our Cambrdige, Norwich, Northampton and Milton Keynes sites

Trainees will remain based in the Audit team, supporting the service in providing independent assurance on the effectiveness of the organisation’s risk management, governance and internal control processes. You will work closely with management to recommend and agree improvements to systems based on your own work, which will include a wide range of assignments across financial audit, contract audit, project management, IT audit and work in social care and fraud investigations. You will also have opportunities to specialise and to work outside of your primary client base, expanding your skillset by undertaking audit work across our audit clients including schools as well as County, District and City councils.

For the 2018 intake, we have two vacancies in Cambridge for Financial Management Graduate Trainees, and up to four vacancies for Internal Audit Graduate Trainees based across our Cambridge, Norwich, Northampton and Milton Keynes sites, with an expected start date of August 2018. However, for trainees specialising in Internal Audit an earlier start date can be offered if desired.

The application process will take the form of assessment centre to be held on 19th March 2018, and final interview to be held in early April 2018. As part of this process, you will have the opportunity to indicate a preference for the Financial Management or Internal Audit specialism.

Closing date for applications is 19th February 2018.

For enquiries about the scheme, please contact Rebecca Bartram (; 01223 699693).


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