HS2 Graduate Programme - Finance
High Speed Two (HS2)
At HS2 we offer a two-year rotational graduate programme, providing you with the opportunity to stretch and challenge yourself across various programme related placements. This programme is designed around enabling you to get as much experience as possible across the below teams within a particular business area. After completion of the 2-year graduate programme graduates will be transferred into a role within the same discipline, but not necessarily the same business area.
We have a total of 3 graduate opportunities available in Birmingham all of which will require travel to various site/HS2 Office locations across the HS2 line of route. Graduate opportunities will be available across a variety of HS2 Finance teams including but not limited to those listed below.
After the assessment stage, we will assign successful candidates to a role within the Finance Team accordingly based on business requirements and the skills of the individual.
The Finance Team - Overview
Finance is responsible for developing and manging the entire end-to-end financial cycle, providing strategic advice and insight at both the corporate and project level, the creation and management of a framework of financial governance, controls, and delegations and for the processing and management of day-to-day transactions, including the prompt payment of invoices.
The three pillars of finance and their associated team are set out below.
1. Financial Control
Financial Governance and Treasury: This team manages and maintains the framework for financial governance, controls, and delegations. This includes managing the financial system (Oracle), submission of the HS2 tax returns, operating the Purchase to Pay process and delegated authorities, implementation of the travel policy and expenses claims, and HS2’s banking and treasury.
Financial Accounting: The team is responsible for maintaining Financial Control within the organisation through ensuring adherence to the International Financial Reporting Standards (IFRS) regulations and internal governance policies. The Financial Accounting team are responsible for keeping account of all transactions and preparing the year-end Financial Statements for inclusion in the Annual Report and Accounts.
Accounts Payable: are responsible for processing and paying invoices in line with the payment terms for HS2's suppliers and expenses incurred by HS2 employees who are on the HS2 payroll.
2. Analysis and Insight
Financial Planning and Analysis: Financial Planning & Analysis Team (FP&A): The team is primarily involved in providing accurate, informative analysis and robust forecasts that allow HS2 and its stakeholders to make the best possible decisions. FP&A has many stakeholders such as the Department for Transport (DfT), The HS2 Board, The Executive Committee, Directors, Managers and Internal and External Auditors. It also has regular interactions with Consultants, Business partners and managers across HS2.
The aims cover the following points.
• Provide financial reporting and analysis to key stakeholders so that they may make informed business decisions
• To encourage a value for money mindset across HS2 through forecasting and analysis
• To adhere to and promote the HS2 values of Integrity, Leadership, Safety and Respect
• Engage the wider business in the preparation of key forecasts to achieve the dual outcome of robust forecasts and a cohesive and singular mindset in the delivery of a new high-speed railway
3. Finance Partnering
The Finance Business Partners are the Finance conscience of the business and as such a trusted advisor of the business leadership teams, they support. The FBPs are split into teams that cover all the departments of the business, namely, Civils, Stations & Systems, Land and Property, Phase 2 and Corporate Directorates.
The FBPs seek to provide clean and clear interpretation of financial information to enable business leadership to make the right decisions which benefit the delivery of HS2 Programme in a controlled and cost-effective manner.
The primary aim of an FBP is to support the business in ensuring that all spend undertaken is within the approved envelope issued by the DfT, is appropriately validated via governance, is appropriately transacted in the systems with the results reported on a monthly, quarterly, and annual basis against the forecast spend agreed with the DfT and that our financial activity is within NAO & Financial Standard requirements.
• Planning and organisational skills, with the ability to prioritise and deliver day to day tasks
• Ability to coordinate and deliver multiple tasks and responsibilities in accordance with agreed deadlines
• Communication skills and the ability to liaise effectively with stakeholders
• Ability to understand complex issues to carry out problem solving
• Ability to work collaboratively across a multidisciplinary team and with stakeholders
• 2:2 Bachelor’s degree (or non-UK equivalent) in a Finance or equivalent discipline
• IT knowledge including; Word, Excel, PowerPoint or equivalent
Does HS2 offer sponsorship if I do not have the Right to Work in the
To be eligible to apply to the HS2 Graduate scheme for our September 2024 in-take, any applicant will need to already have the on-going Right to Work in the UK, that is not time-bound in any way. Please note, unfortunately due to the 2 year time-bound restrictions of the Post Study/Graduate Work visa, we are unable to accept any applicants who have this visa as this is an ongoing permanent role that will carry on beyond the initial 2 year graduate programme.
Due to the nature of our organization, HS2 are not able to sponsor any applications as we do not hold the required sponsorship license from the UK Home Office and candidates are not allowed to sponsor themselves.
We appreciate the Right to Work question can be complex to understand, so if you are unsure of your Right to Work status in the UK, please email us at HS2Jobs@hs2.org.uk and we will be happy to advise further. Please note, to enable HS2 to comply with UK Home Office policy, your Right to Work status will be checked early in the recruitment process.
Our graduate programme salaries:
Salaries are currently pending pay review however please see below figures based on 2023.
Birmingham (HS2 Headquarters): Basic £22,300 + 15% Flexible allowance = £25,645
Please note the rotational placements may vary and are subject to business requirements.
High Speed 2 (HS2 Ltd) will be the UK’s new high speed rail network. As well as improving capacity, the new scheme will shorten journey times between a number of Britain’s major population centres, boost the economy and create thousands of jobs.
HS2 Ltd will create a skills legacy and develop a diverse range of talent. We aim to be a leader in EDI practice by creating a safe & inclusive working environment for all our staff - living our values of Safety, Respect, Integrity and Leadership.
In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.
HS2 Ltd is also a safety-critical organisation. Employees are required to ensure reasonable care of their own and others’ health and safety by taking personal responsibility for working to our ‘Safe at Heart’ programme principles and following safe working procedures at all times.
HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential.