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🚀 Internship

Finance Industrial Placement

🚀 Placement Program


🤑 £21.6K

AI generated summary

  • The candidate must be a currently enrolled undergraduate student in Accountancy, Business, Economics (or similar), have requested or be required to take an industrial placement year, have the right to work in the UK, possess knowledge of MS Word and Excel, excellent communication and teamwork skills, flexibility in assigned work, experience in meeting deadlines, and the ability to travel as required. Desirable qualifications include previous office experience and knowledge of finance systems like Oracle.
  • The Finance Industrial Placement at UK Research and Innovation involves assisting with strategic planning, financial management, project maintenance, revenue analysis, financial accounting, asset management, governance and audit support, and administrative tasks.

Placement Program

Accounting & Tax, Banking & Finance


Rolling basis


  • STFC’s exceptionally diverse range of placements allow you to work alongside world leading engineers, scientists and technicians in highly collaborative environments. Whichever you choose, you’ll become a critical member of the team in which you will be exposed to exciting projects and challenges from the beginning. You’ll be supported every step of the way by our dedicated Early Careers Team who will also ensure you benefit from a range of personal development opportunities. 
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  • Essential:
  • Currently enrolled on an undergraduate degree course in Accountancy, Business, Economics (or similar)
  • Are required or have requested to take an industrial placement year
  • Able to commence employment in summer 2024
  • Have the right to live and work in the UK for the duration of the placement
  • Knowledge of MS Word and Excel
  • Strong written and oral communication skills
  • Demonstrate good team working capabilities
  • Open minded and flexible in relation to the type of work assigned to them
  • Experience of working to deadlines
  • Ability to travel to other STFC sites as required
  • Desirable:
  • Work experience in an office or similar environment
  • Knowledge or experience in using a Finance system (eg Oracle)
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Education requirements

Open to All Students

Area of Responsibilities

Accounting & Tax
Banking & Finance


  • Strategic Planning & Financial Management:
  • Assist with Strategic Planning and reporting
  • Cost centre and project budget setup
  • Project maintenance, monitoring of income and expenditure and forecasting
  • Creation of project reports
  • Revenue analysis
  • Research Council, Service Level Agreement (SLA) management and grant administration
  • European Commission Project time sheets.
  • Financial Accounting:
  • Creation and posting of Project and General Ledger Journals
  • Creation of Sales Invoices
  • Processing of travel claims
  • Account code reconciliation
  • Asset Management and Recording:
  • Carry out physical verification of assets
  • Review capital project expenditure for non-capital costs
  • Reconcile the Oracle Project Accounting module entries on capital projects with Oracle General Ledger entries
  • Asset Tag and record new Capital Equipment
  • Governance & Audit:
  • Support to the Governance team on the internal audit programme
  • Administrative Support:
  • Archiving
  • Any other activities suitable for the role and experience.
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Work type

Full time

Work mode





21600 GBP

Rolling basis