Finance Management Training Scheme

A three year apprenticeship training scheme based on work placements, to develop potential finance leaders of the future.

About the scheme

Join the Finance Management Training Scheme, where you can truly make a difference!

The Finance Management Training Scheme (FMTS) offers a unique chance for you to develop your skills and emerge as a prospective finance leader in various fields of expertise. Apprentices will be placed within the finance functions across organisations within their allocated integrated care system and will gain experience in a broad range of finance areas, including financial services, financial management, financial accounting, financial planning and audit. 

During your apprenticeship, you will work together with a diverse array of organisations and service categories. Practical experience along with the complementary elements of the scheme is intended to give apprentices the best possible opportunity to develop the knowledge, skills and personal qualities to succeed as potential future finance directors, in the South East, South West and Midlands NHS regions.

The level 7 accounting and tax apprenticeship offers a systematic approach to encouraging reflective practice and digital fluency. During your apprenticeship, you will not only acquire the present-day skills demanded but also gain the knowledge necessary for refining the skills for the future. 

If you want to work in the NHS and believe that you can make a difference, our three year apprenticeship training scheme based on work placements in a variety of healthcare organisations within your region offers outstanding development opportunities which will challenge you and reward you every day.

Applications for our next intake will go live on Friday 1 December 2023!

We are looking for influential individuals who want a career in finance, delivering deeper value for money in an ever-changing organisation.

Applying for the Finance Management Training Scheme is a chance to embark on a rewarding and diverse career path, to make a significant impact, and develop the skills and leadership qualities needed to excel in the healthcare industry and beyond. It's a decision that can set you on an extraordinary professional journey.

The program provides a unique opportunity to enhance your skills and knowledge in various aspects of finance, management, and related fields. It is designed to groom future leaders and experts.

Deadline of application: 31 January 2024
Scheme start date: 1 September 2024

Available in three regions

The HFMA Finance Management Training Scheme is based across three regions for the 2024 intake. Wwe will be recruiting for the South West, South East and the Midlands.

South West

Bristol, Gloucester, Somerset, Devon, Dorset and Cornwall.

South East

Reading, Berkshire, Hampshire, Southampton and Portsmouth.


Derby and Derbyshire, Shropshire and Telford and Wrekin, Leicester, Leicestershire and Rutland, Lincolnshire, Black Country, Birmingham and Solihull, Coventry and Warwickshire.

2024 applications

Applications will open for our next intake on Friday 1 December 2023.

Entry criteria

Qualifications - 2.2 degree or equivalent qualification eg. AAT/NVQ with three years relevant work experience.

Excellent numerical, writing, computer literacy, oral and presentation skills.

  • Genuine desire to work in the NHS
  • Confident positive outlook with a 'can do' attitude
  • Dedicated and hardworking
  • Excellent communicator
  • Drive and ambition to become a director of finance.
  • Career development from day one
  • Peer support and development with other apprentices
  • Fully funded professional qualification 
  • Salaried role with full benefits package
  • Access to a wide range of training and development events
  • Networking opportunities with senior finance staff
  • 27 days annual leave and pension scheme
  • Study leave and exam.

Pay and benefits on the scheme

You will receive a starting salary of £27,701 from September 2023, rising to a minim of £31,963 + benefits in the third and final year of the scheme.  Salaries for senior finance professionals from from £30k-£95k and directors of finance can earn over £100k.

In addition, we will automatically enrol you onto the NHS’s highly regarded pension scheme when you start with us.

Fully funded Level 7 Accountancy and Taxation Professional Apprenticeship
Apprentices will study their qualification with ACCA (Association of Chartered Certified Accountants) alongside completing an apprenticeship with BPP training provider, over a period of 36 months.

Three year training contract 
It is a fast track scheme which aims to get trainees professionally qualified with a broad range of NHS
experience within a period of 36 months.

Access to a wide range of training and development events 
Trainees are exposed to a wide range of relevant training and development opportunities organised by HFMA. Including regional conferences, CPD and technical events and webinars. In addition to a variety of networking opportunities with senior finance staff.

Flexi Placement 
The flexi placement aims to provide an opportunity for each trainee to gain experience of an organisation other than their planned work placements. For the trainee, the flexi placement should provide personal and professional development that will contribute to their success on the scheme and within the NHS.

Annual leave 
Trainees full year leave entitlement is 27 days annual leave, plus national and bank holidays, per annum. Additional annual leave may be available for those trainees who have previous NHS service whether it be continuous or reckonable service.

Every trainee will be supported and guided throughout their time on the scheme by their training manager, placement manager, HFMA FMTS exec, buddy, fellow trainees and academic support.

“I’d recommend the scheme to anyone who wants a career in finance where you make a difference. I have worked with many front-line staff and you really get to see the work you do impacting their roles. It's much more than just a finance training scheme"

Alex Bramley, 2022 graduate
Apprenticeship learners