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Sector Overview

The scope for working in Finance and Accounts within the public sector is enormous. Thousands of finance professionals work within the public sector, ranging from specialists working with Her Majesty's Treasury, finance managers working in the National Health Service, finance planning managers working for local authorities and payroll officers managing salary payments at local councils.

The absolute financial accountability of all public sector organisations results in employment opportunities at all levels. For example, the National Audit Office employs many accountants and auditors to audit central government accounts and report to parliament on the financial status of government projects and programmes. HM Treasury also employs a variety of financial experts, including economists, finance analysts, compliance specialists and those with experience in financial services. Many finance professionals work within the NHS where multimillion pound budgets are often under a public and political spotlight. Such is the demand for accountancy skills in the public sector that a separate institute - The Chartered Institute of Public Finance and Accountancy - exists to promote good governance and sound public financial management.

Other public sector areas with significant opportunities in Finance and Accounts include Charity and Not for Profit, local government, quangos and non governmental organisations and the armed forces.