Finance Fast Stream 2025
Apply before Midday on Thursday 7th November 2024
Details
Reference number
371760
Salary
£31,186
A
Civil Service Pension with an employer contribution of 28.97%
GBP
Job grade
Higher Executive Officer
Contract type
Permanent
Business area
FSET - Centrally Managed Scheme
Type of role
Fast Stream
Working pattern
Full-time
Number of jobs available
57
Contents
Location
Remote working (anywhere in the UK)
About the job
Job summary
On the Finance Fast Stream, you’ll make your mark on some of the most important economic and financial issues facing the UK.
Job description
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 Government Finance Function community based all over the UK. Strong financial management and placing finance at the heart of senior decision making is vitally important in the Civil Service.
You’ll help shape the government’s financial policy and make sure that public services are delivered effectively and efficiently. You will also gain a professional accountancy qualification to equip you with the knowledge and skills for a career in government finance. You’ll work across job types in the Finance Career Framework, gaining practical experience to complement the knowledge you will gain through studying for your professional qualification.
You will also have the opportunity to engage with senior stakeholders both inside and outside of government from day one. You will build relationships and play a key role in integrating finance into the core of the decision making process at the Civil Service. This will involve delivering value for money and strengthening public trust.
In order to complete the scheme, you must successfully complete your professional accounting qualification which involves passing up to 16 exams and logging the required experience.
Qualification, promotion and successful completion of the scheme will see you earn between £45k to £55k.
You’ll help shape the government’s financial policy and make sure that public services are delivered effectively and efficiently. You will also gain a professional accountancy qualification to equip you with the knowledge and skills for a career in government finance. You’ll work across job types in the Finance Career Framework, gaining practical experience to complement the knowledge you will gain through studying for your professional qualification.
You will also have the opportunity to engage with senior stakeholders both inside and outside of government from day one. You will build relationships and play a key role in integrating finance into the core of the decision making process at the Civil Service. This will involve delivering value for money and strengthening public trust.
In order to complete the scheme, you must successfully complete your professional accounting qualification which involves passing up to 16 exams and logging the required experience.
Qualification, promotion and successful completion of the scheme will see you earn between £45k to £55k.
Person specification
eligible to work in the UK
you need, or expect to receive a 2:1 or higher in any degree subject including degree apprenticeships
existing civil servants can apply without a degree
you need, or expect to receive a 2:1 or higher in any degree subject including degree apprenticeships
existing civil servants can apply without a degree
Behaviours
We'll assess you against these behaviours during the selection process:
- Making Effective Decisions
- Seeing the Big Picture
- Changing and Improving
- Communicating and Influencing
- Working Together
- Developing Self and Others
Benefits
Alongside your salary of £31,186, contributes
£9,034 towards you being a member of the Civil Service Defined Benefit Pension scheme.
Find out what benefits a Civil Service Pension provides.
You’ll have a unique chance to work on issues that really matter to individuals and communities across the UK. It’s a great foundation for long-term career progression in the Government Finance Function and to set you up for success as a future finance leader.
Other benefits include the Civil Service Pension Scheme, professional qualifications, flexible working, season ticket loans, sports and social activities, child care assistance and more.
Other benefits include the Civil Service Pension Scheme, professional qualifications, flexible working, season ticket loans, sports and social activities, child care assistance and more.
Things you need to know
Selection process details
This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours.
There are several phases in the Fast Stream application process. Some of these assessments are multimedia in that they present information in video, audio, graphical or visual formats, as well as text. We hope you find it an engaging process and one that gives you a real insight into the role of a fast streamer.
At the initial application stage you will be asked to complete some background information which will include some diversity questions - which are for monitoring purposes only and will have no bearing on selection outcomes - along with the opportunity to identify your preferences in terms of the different Fast Stream schemes. You can choose up to four.
When you apply please register with a personal email address, and not a work or university email address.
Assessment Phases
There are 3 online tests:
Using Data - In this test you will be asked to weigh up options and to make decisions on different scenarios, perform calculations, solve problems and evaluate and interpret numerical information.
Work-based scenarios - This test measures interpersonal skills, utilising video based scenarios and you are required to assess the effectiveness of various responses.
Case Study assessment - In this test you are required to take Work based scenarios on an imaginary role, learning and responding to a series of challenges and situations and adapting to the changes you are presented with.
Additional information - depending on the schemes you have chosen, there may be additional information to be completed, or an intermediate sift process.
Fast Stream Assessment Centre - if you pass the above stages you'll be invited to attend 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 of 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.
Final Selection Board - most schemes will then require a Final Selection Board. We'll ask you to attend this final assessment if you reach the required standard at FSAC.
Feedback will only be provided if you attend an interview or assessment.
At the initial application stage you will be asked to complete some background information which will include some diversity questions - which are for monitoring purposes only and will have no bearing on selection outcomes - along with the opportunity to identify your preferences in terms of the different Fast Stream schemes. You can choose up to four.
When you apply please register with a personal email address, and not a work or university email address.
Assessment Phases
There are 3 online tests:
Using Data - In this test you will be asked to weigh up options and to make decisions on different scenarios, perform calculations, solve problems and evaluate and interpret numerical information.
Work-based scenarios - This test measures interpersonal skills, utilising video based scenarios and you are required to assess the effectiveness of various responses.
Case Study assessment - In this test you are required to take Work based scenarios on an imaginary role, learning and responding to a series of challenges and situations and adapting to the changes you are presented with.
Additional information - depending on the schemes you have chosen, there may be additional information to be completed, or an intermediate sift process.
Fast Stream Assessment Centre - if you pass the above stages you'll be invited to attend 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 of 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.
Final Selection Board - most schemes will then require a Final Selection Board. We'll ask you to attend this final assessment if you reach the required standard at FSAC.
Feedback will only be provided if you attend an interview or assessment.
Security
Successful candidates must undergo a criminal record check.
Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check (opens in a new window).See our vetting charter (opens in a new window).
People working with government assets must complete baseline personnel security standard (opens in new window) checks.
Nationality requirements
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).
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 the
Civil 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
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 : faststream.applicationsupport@cabinetoffice.gov.uk
- Email : faststream.applicationsupport@cabinetoffice.gov.uk
Recruitment team
- Email : faststream.applicationsupport@cabinetoffice.gov.uk
Further information
Appointment to the Civil Service is governed by the Civil Service Commission’s Recruitment Principles.
If you feel that your application has not been treated in accordance with the Recruitment Principles, and wish to make a complaint, then in the first instance you should contact Government Recruitment Service at: cabinetofficerecruitment.grs@cabinetoffice.gov.uk.
If you are not satisfied with the response that you receive, then you can contact the Civil Service Commission at: info@csc.gov.uk.
For further information on the Recruitment Principles, and bringing a complaint to the Civil Service Commission, please visit their website at: https://civilservicecommission.independent.gov.uk.
If you feel that your application has not been treated in accordance with the Recruitment Principles, and wish to make a complaint, then in the first instance you should contact Government Recruitment Service at: cabinetofficerecruitment.grs@cabinetoffice.gov.uk.
If you are not satisfied with the response that you receive, then you can contact the Civil Service Commission at: info@csc.gov.uk.
For further information on the Recruitment Principles, and bringing a complaint to the Civil Service Commission, please visit their website at: https://civilservicecommission.independent.gov.uk.
