At a Glance
- Tasks: Join our team to audit government programmes and ensure public funds are spent wisely.
- Company: The National Audit Office holds the government accountable for effective public spending.
- Benefits: Enjoy a competitive salary, 35 days annual leave, flexible working, and a strong focus on development.
- Other info: We promote inclusivity and support neurodivergent and disabled candidates throughout the recruitment process.
- Why this job: Make a real impact on public services while developing valuable skills in a supportive environment.
- Qualifications: A minimum 2:1 degree in relevant fields or equivalent experience in research or analysis is required.
The predicted salary is between 37466 - 44211 £ per year.
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Direct message the job poster from UK National Audit Office
Talent Acquisition Lead at UK National Audit Office
Value for Money Analyst
Location: London or Newcastle
Competitive Salary: £44,211 per annum if based in London, or £37,466 per annum if based in Newcastle.
Contract type: Permanent
Start Your Career Where It Counts – Join Us as a Value for Money Analyst
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.
About the Role
Each year we produce around 60 major reports-https://bit.ly/4dZdbvH 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.
You can find out more about us and our work from our website-https://bit.ly/4n0n5Bq.
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.
Our People Deal
Discover more about our commitment to creating an engaging and supportive work environment-https://bit.ly/44cXn5g
Selection Process
1. Application
Candidates are required to submit their CV, written case study, complete two online tests and answer four selection questions (4SQs) as part of their application. Please ensure that all sections of the application are completed accurately and thoroughly.
2. Screening
An initial screening will be conducted to check the eligibility of candidates based on the Non-Resident Tax (NRT) and degree / experience criteria. Only candidates who meet these criteria will proceed to the next stage.
3. Assessment
All candidates should complete the case study exercise in the application stage to be eligible for shortlisting consideration. Shortlisting for interview is based on a combined score for your overall application (your CV, the 4SQs and online tests). Please note that the case study exercise will only be reviewed if you are shortlisted for an interview.
4. Interview
Candidates who pass the screening and assessment stages will be invited for an interview. The interview will assess various competencies and skills relevant to the role.
5. Decision
The final decision-making process will involve a moderation and review panel. The panel will consider the combined scores from the assessment and interview stages to make the final decision.
How to Apply
1. Apply online and create a profile on our careers page
2. Complete the following by 29 June 2025:
o Submit a CV
o Complete online verbal and numeracy tests
o Answer four competency-based questions
o Email your case study answer based on the following materials to Analyst.Recruitment@nao.org.uk. - CASE STUDY BRIEF-https://bit.ly/4kWAE2U & CASE STUDY Data Set- https://bit.ly/4jXdSHu
3. Shortlisted candidates will have their case studies marked as part of the final stage
4. Final decisions will be based on your combined scores in case study and interview
VIRTUAL EVENTS INCLUDING Q&A
We will be holding two online sessions to provide more details about the role on Wednesday 18th June 12:00-13:00 and Thursday 19th June 16:00-17:00. 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 via analyst.recruitment@nao.org.uk to let us know which session you would prefer. We will then send you a link to the meeting.
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. We will work with you to understand your requirements and make appropriate, tailored adjustments — whether that’s extra time for assessments, alternative formats, or support during interviews. Our aim is to ensure a fair and supportive experience for all candidates.
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. Under this scheme, we guarantee an interview to an applicant with a disability who meets the minimum requirements for the role. You should also let our HR team know if you wish us to consider any Reasonable Adjustments at any stage of the process (Analyst.recruitment@nao.org.uk).
Applicants will not be discriminated against on the grounds of any protected characteristic or any other extraneous factor. We are open to considering candidates who wish to fill posts on a part-time basis or as a job share. Part-time candidates should indicate their proposed availability, and any flexibility they would either want to have or be able to offer.
The main responsibilities include:
• 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, for example through engaging with analysts in government and with wider external stakeholders.
• 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, including gathering evidence and supporting knowledge sharing across teams.
• 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. This may include but is not limited to experience in management or other consultancy roles, internal audit, or working as a researcher.
Seniority level
-
Seniority level
Associate
Employment type
-
Employment type
Full-time
Job function
-
Job function
Accounting/Auditing and Finance
-
Industries
Public Policy Offices, Government Administration, and Financial Services
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Value for Money Analyst in London employer: UK National Audit Office
Join a dynamic and supportive team at the heart of Parliament, where your creativity as a Creative Artworker & Typesetter will directly contribute to enhancing public services. With a strong emphasis on collaboration, attention to detail, and continuous improvement, you'll have the opportunity to grow your skills in a fast-paced environment while enjoying the benefits of a hybrid working policy in vibrant London. This role not only offers meaningful work but also a chance to be part of a team that takes pride in delivering high-quality outputs that shape understanding across Government and the public.
StudySmarter Expert Advice🤫
We think this is how you could land Value for Money Analyst in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like UK National Audit Office looking for candidates who are engaged and informed.
We think you need these skills to ace Value for Money Analyst in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at UK National Audit Office. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at UK National Audit Office
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with UK National Audit Office’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
