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Level 3 Finance Apprenticeship scheme

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UM for Network Rail

Published 2024-05-23

Kick starting your career in finance matters

If getting your finance career on-track through a mixture of professional training and real-life work experience matters to you. You matter to us.

Our Level 3 Finance Apprenticeship Scheme is an alternative route to university and provides a unique opportunity to understand different aspects of finance and how they all interact with the wider business. You’ll enjoy generous study support; with the time and space you need to complete your qualifications. Plus, you’ll have plenty of opportunities to put your learning into practice.

You’ll be mentored and guided by former graduates and senior finance leaders, who will empower you to grow and develop. Working independently, you’ll learn how to excel in high pressured environments. And, as we’re big believers in agile and flexible working and promoters of a diverse and inclusive culture, we’ll encourage you to bring your whole self to work every day.


Who you are matters

We look for people with an analytical mind and a flair for financial planning. Enthusiastic about your work, you’ll enjoy collaborating with others and have the skills and ability to communicate with a variety of different people.

We invest in you and give you vast exposure to different areas and aspects of finance, because we believe you will be the future of our business. In return, we respect apprentices who are driven, hardworking and uphold Network Rail’s values and behaviours.

What you’ll be doing

As an Apprentice you’ll rotate across a range of placements and a variety of departments giving you a unique experience of how finance works within Network Rail. You’ll support finance teams with forecasting, budgeting and analysis as well as taking the lead on meetings and reporting to senior members of the company. Combining a wide variety of live projects and off the job training you’ll hone your skills as a future leader.

For the first two and a half years to three years

You’ll complete rotational placements along with studying for the Association of Accounting Technicians (AAT) qualification as part of the Level 3 and Level 4 apprentice programme. Alongside this, you’ll gain business knowledge through your various rotations and be involved in a variety of periodic management accounting activities such as balance sheet reconciliations, variance analysis and reporting and business partnering with non-finance functions.

For the remainder of the scheme

From year 4 onwards, you’ll be able to undertake placements in our route businesses within the regions whilst studying the Chartered Institute of Management Accountants (CIMA) qualification as part of Level 7 apprenticeship. You are encouraged to use the experience you’ve gained from projects, the understanding of transactional accounting and the knowledge of policies and procedures to add real value to the business areas you’ll be working in.

Due to the huge amount of exposure and experience you gain in the early years of the scheme; you’ll often be in demand to complete complex projects for finance leaders.

You’ll also have the support of your line manager and your apprenticeship talent coach in developing your Personal Development Plan (PDP). Our programme includes opportunities to collaborate with other apprentices and attend development days and volunteering opportunities.

What you’ll get out of it

Apprentices complete AAT level 3 and level 4, and CIMA level 7 apprenticeship programmes and receive Associate status with the Chartered Institute of Management Accountants (CIMA)


Your benefits matter

The opportunities it leads to

At the end of your apprenticeship, you’ll be given the support you need to continue your career at Network Rail and move into one of our finance roles. The Finance Apprentice scheme is now in its seventh year (launched in 2015), and we’re proud to say that its first cohort are working in permanent roles in the company. This is because we believe in recognising, developing and promoting talent.

At the end of your 5-year scheme, you would be eligible to apply for Finance Business Partner roles and earn a salary in the range of £41,000 – £46,000. Those on a 3-year regional scheme will be eligible to apply for Assistant Management Accountant roles.

The entry requirements

You can apply if;

You can’t apply if you already have a Level 3,4 or 7 finance qualification (e.g AAT, CIMA, ICAEW).

We matter to millions. You could too.

Job Types: Full-time, Apprenticeship

Salary: £17,000.00 per year



Supplemental pay types:

Work Location: One location

Expected start date: 01/09/2023

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