At a Glance
- Tasks: Analyse public spending to ensure value for money and improve government services.
- Company: Join the National Audit Office, a leader in public accountability.
- Benefits: Enjoy 35 days annual leave, flexible working, and a competitive salary.
- Other info: Dynamic team environment with opportunities for personal development.
- Why this job: Make a real impact on public services and influence government decisions.
- Qualifications: 2:1 degree in relevant fields or experience in research and analysis.
The predicted salary is between 30000 - 40000 £ per year.
We welcome applications from candidates who work part-time and are keen to support colleagues to work flexibly including on a job share basis.
Are you curious, analytical, and ready to make a difference? The National Audit Office (NAO) is looking for entry-level analysts to join our Value for Money (VFM) teams. You’ll help examine how effectively and efficiently public money is spent, influencing key government decisions and improving public services.
How to Apply:
- Apply online and create a profile on our careers page.
- Complete the following by 19 June 2026:
- Submit a CV. You can use this template or you can choose the format of your CV, but it should be no longer than two pages of A4 using size 10 font and cover the points in the template.
- Complete online verbal and numeracy tests.
- Answer four competency-based questions.
- Email your case study answer based on the provided material.
- Shortlisted candidates will be interviewed and have their case studies marked as part of the final stage.
- Final decisions will be based on your combined scores in the assessment and final stages.
Further details of the selection process can be found below. We will be holding an online session to provide more details about the role on Tuesday 9th June 12:00-13:00. Our analysts will talk to you about their work and the application process and there will be time for you to ask any questions. If you would like to attend, please contact us. We will send you a link to the meeting.
About the Role:
Each year we produce around 60 major reports examining government programmes and projects. These reports are multi-method audits focusing on the cost, effectiveness and efficiency of government programmes and projects. Our work must be timely, and we work to clear timetables, typically taking between 3 and 8 months to report. This is a unique opportunity to contribute to projects that hold government to account and drive improvements in public services. Whether it's in health, education, justice, or international development, your work will help ensure that public funds are used effectively. It’s important to note that this is not a business analyst role. Instead, you’ll be part of a dynamic team focused on delivering high-impact audits that promote accountability and enhance the delivery of public services.
As a VFM analyst, you will:
- Audit how government programmes are run and whether they deliver value for money.
- Work alongside experienced and supportive colleagues in a collaborative team environment.
- Gain exposure to senior stakeholders and real-world policy challenges.
- Build skills in research, analysis and communication that will shape your career.
What We Offer:
- A competitive salary and excellent Civil Service pension scheme.
- 35 days annual leave (inclusive of public holidays), rising to 40 days after five years.
- Flexible working arrangements and modern offices in London and Newcastle.
- A strong focus on learning, development, and wellbeing.
Responsibilities:
- Gathering evidence by applying a variety of methods such as interviews of government officials and other stakeholders, reviewing documents and data sources and directly collecting data such as through surveys.
- Analysing and interpreting evidence and data (using qualitative and quantitative methods) from many sources on a wide range of public policy topics and sectors.
- Maintaining an evidence trail and providing advice to your team about the quality of evidence we use to develop our findings.
- Presenting findings clearly and succinctly and contributing to planning and drafting value for money reports.
- Providing written and oral briefings to managers and senior staff.
- Gaining insight and knowledge of the bodies we audit and developing and maintaining good relations with them.
- Supporting wider assurance work and assisting teams during engagement with Parliament and Select Committees, particularly the Public Accounts Committee.
- Providing advice and support to other teams by using your subject matter or analytical expertise and engaging with opportunities to share learning across the NAO.
Key Skills:
It is essential that you can demonstrate the ability to:
- Gather, analyse and interpret evidence from a range of sources in a timely and high-standard manner.
- Produce clear, well-structured and succinct written work that is easily understood by non-technical readers.
- Draw valid and concise conclusions that are clearly evidence-based.
- Present complex and nuanced findings from your analysis in a way that can be easily understood by various audiences.
- Engage confidently and communicate effectively with colleagues and clients at all levels.
- Work cooperatively and collaboratively as part of a team to deliver our reports.
Attributes:
In addition, we are looking for candidates with the following attributes:
- Intellectual curiosity: A keen interest in using a range of evidence sources to answer questions.
- Flexibility: The ability to make a significant contribution across a range of topics and outputs in various teams.
- Interest in our work: A strong enthusiasm for the work of the NAO and public policy across a range of sectors.
- Attention to detail: Careful documentation and maintenance of a reliable audit trail to support the delivery of high-quality audits.
- Drive and determination: The tenacity to overcome obstacles, resistance, or challenges to achieve goals.
- Commitment to personal development: A dedication to keeping technical skills up to date.
- Influence: An interest in influencing people and identifying opportunities to improve public services.
The people we are looking for:
Education and Work Experience:
You should have:
- A minimum of a 2:1 degree in a relevant discipline such as social science research methods, management science/operations research, economics, statistics, mathematics, data analytics, or a research-based postgraduate qualification; or
- Relevant experience in research, analysis, or performance audit.
Selection Process:
- Application: Candidates are required to submit their CV, written case study exercise, complete two online tests and answer four selection questions as part of their application.
- Screening: An initial screening will be conducted to check the eligibility of candidates based on the verbal and numeracy tests and degree/experience criteria.
- Assessment: All candidates should complete the case study exercise in the application stage to be eligible for shortlisting consideration.
- Final stage – case study marking and interview: Candidates who pass the screening and assessment stages will be invited for an interview.
- Decision: The final decision-making process will involve a moderation and review panel.
Make your impact. Apply now.
Equal opportunities and diversity:
Supporting Neurodivergent and Disabled Candidates: We are committed to creating an inclusive recruitment process where everyone can perform at their best. If you are neurodivergent, have a disability, or live with a long-term health condition, we encourage you to let us know about any adjustments you may need.
Disability and Reasonable Adjustments: Applicants with a disability who wish their application to be considered under the Disability Confident scheme should confirm this when submitting their application.
Nationality Requirement:
- 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)
Please be aware that we do not provide sponsorship for work visas for this position. Applicants must already meet the nationality requirements outlined above.
Value for Money Analyst in London employer: National Audit Office
The National Audit Office (NAO) is an exceptional employer that prioritises employee wellbeing and professional growth, offering a competitive salary, generous annual leave, and flexible working arrangements in modern offices located in London and Newcastle. With a strong commitment to learning and development, you will be part of a collaborative team that influences key government decisions and enhances public services, making your work both meaningful and impactful.
StudySmarter Expert Advice🤫
We think this is how you could land Value for Money Analyst in London
✨Tip Number 1
Get to know the NAO and its work! Before your interview, dive into their reports and understand their mission. This will not only help you answer questions but also show your genuine interest in the role.
✨Tip Number 2
Practice those competency-based questions! Think of examples from your past experiences that showcase your skills in analysis, teamwork, and communication. We want to hear how you've tackled challenges and made an impact.
✨Tip Number 3
Don’t underestimate the power of networking! Reach out to current or former analysts at the NAO on LinkedIn. They can provide insights about the role and the interview process, plus it shows your proactive approach.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen. Plus, keep an eye out for that online session on June 9th – it’s a great chance to ask questions and learn more about what we do!
We think you need these skills to ace Value for Money Analyst in London
Some tips for your application 🫡
Craft a Stellar CV:Your CV is your first impression, so make it count! Stick to the two-page limit and use size 10 font. Highlight your analytical skills and any relevant experience that shows you can gather and interpret evidence effectively.
Nail the Competency Questions:When answering the four competency-based questions, be sure to showcase your intellectual curiosity and attention to detail. Use specific examples from your past experiences to demonstrate how you've tackled challenges and contributed to team success.
Ace the Online Tests:The verbal and numeracy tests are crucial, so take your time and prepare beforehand. Brush up on your analytical skills and practice similar tests to boost your confidence and performance.
Engage with the Case Study:For the case study, make sure you understand the material thoroughly. Present your findings clearly and succinctly, as this will reflect your ability to communicate complex information effectively. Don’t forget to submit it via the application button!
How to prepare for a job interview at National Audit Office
✨Know Your Stuff
Before the interview, dive deep into the National Audit Office's work and recent reports. Familiarise yourself with their approach to Value for Money audits. This will not only show your genuine interest but also help you answer questions more effectively.
✨Practice Makes Perfect
Get comfortable with competency-based questions by practising your responses. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you articulate your experiences clearly and demonstrate your analytical skills.
✨Show Your Curiosity
During the interview, express your intellectual curiosity about public policy and how government funds are spent. Ask insightful questions about the role and the team’s projects. This will highlight your enthusiasm and commitment to making a difference.
✨Be Ready for the Case Study
Prepare for the case study by reviewing similar examples and thinking critically about how you would approach the analysis. Be ready to discuss your thought process and the evidence you would gather. This will showcase your analytical abilities and attention to detail.