Value For Money Analyst Opportunities

Job Description

Contract type: Permanent

Location: London or Newcastle offices

Salary: c £41,470 (London)

c £35,144 (Newcastle)

Hours: Part time and Full time considered

Civil Service Employer Pension Contribution of 27.1%


Thank you for your interest in joining the National Audit Office as a Value for Money analyst. This pack will give you a better idea of who we are, what you'll do when you join us, and what we offer. It also gives more details about the application process. We are looking for people with a variety of backgrounds and experience, who have analytical skills and can work in a team to deliver our high-quality, authoritative projects on time. You should be able to think creatively, communicate clearly and evaluate and interpret information from a range of sources to draw evidence-based conclusions.


As a VFM analyst you will help us deliver our reports to Parliament. You will work as part of a small team with sector or topic specialists and qualified accountants and contribute throughout from planning to drafting our reports. You will also work on good practice guides drawing together insights from across our published work and help your team reply to correspondence from MPs and members of the public.

We offer a broad range of opportunities to support your learning and development including training on Value for Money audits e.g. how to scope and plan our audits, personal effectiveness skills training and secondments to Parliamentary Select Committees. You will have a performance coach to support your development and can take up mentoring opportunities.

You will be able to develop expertise to contribute to more specialist networks across the office. This includes providing analytical insight and support to others outside of your team on your areas of expertise such as analytical techniques and methods, commercial and regulatory issues, digital transformation and data use in the public sector, financial and risk management, major project delivery, and people and operational management.

If you are interested in the role, please attend one of our virtual open events (12:00-13:00 on 13th February 2024 and 16:30-17:30 on 20th February 2024). To reserve your place please email.

For further information on the role please click the following link to the candidate pack:

If you like what you see and can meet our requirements, then we want to hear from you.


If you experience any issues during the application process, please contact.

Please click on the following link to apply:

  • Please click on the apply button in the advert.
  • Register by filling out your online profile.
  • To submit your application, you will need to complete the following screening stages by the closing date:
  • -Submit an up-to-date CV.
  • -Complete the online verbal and numeracy tests.
  • -Answer four competency-based questions.
  • Once you have completed the screening stages, please make sure to press the submit button to confirm your application. You will then receive the written case study exercise to complete within 7 days.
  • If you pass our screening stage, you will be invited to attend a final interview.


Closing date for application submissions - 23:59 on 29th February 2024

Open event - 12:00-13:00 on 13th February 2024 and 16:30-17:30 on 20th February 2024

Shortlisting - 4th March 2024

Case study final deadline - 8th March 2024

Interviews - from 13th March 2024

Nationality Requirement:

• UK Nationals

• Nationals of Commonwealth countries who have the right to work in the UK

• Nationals from the EU, EEA or Switzerland with (or eligible for) status under the European Union Settlement Scheme (EUSS)

Please note, we are not able to sponsor work visas or accept temporary visas as we are looking to hire on a permanent basis. Please contact should you have any questions on your nationality eligibility.

Disability and Reasonable adjustments

Applicants with a disability who wish their application to be considered under the Disability Confident scheme should confirm this when submitting their application. Under this scheme we guarantee an interview to an applicant with a disability who meets the minimum requirements for the role. You should also let our HR team know if you wish us to consider any Reasonable Adjustments at any stage of the process ( ).

Applicants will not be discriminated against on the grounds of any protected characteristic or any other extraneous factor.


The main responsibilities include:

  • Gathering evidence by applying a variety of methods such as interviews of government officials and other stakeholders, reviewing documents and data sources, and directly collecting data such as through surveys.
  • Analysing and interpreting evidence and data (using qualitative and quantitative methods) from many sources on a wide range of public policy topics and sectors.-Maintaining an evidence trail and providing advice to your team about the quality of evidence we use to develop our findings.
  • Presenting findings clearly and succinctly and contributing to planning and drafting value for money reports.
  • Providing written and oral briefings to managers and senior staff.
  • Gaining insight and knowledge of the bodies we audit and developing and maintaining good relations with them, for example through engaging with analysts in government bodies and with wider external stakeholders.
  • Supporting wider assurance work and assisting teams during engagement with Parliament and its select committees, particularly the Public Accounts Committee.
  • Providing advice and support to other teams by using your subject matter or analytical expertise and engaging with opportunities to share learning across the NAO.

Skills required


Skills and attributes

It will be essential that you can demonstrate the ability to:

10 Interview Questions You Might Get Asked

These are questions that we think might come up at some point during the interview process. It's worth prepping answers for the questions below, as well as other key areas you think will be important to secure the role.

  • What is the main purpose of the role of a VFM analyst?
  • What are the main responsibilities of a VFM analyst?
  • What skills and attributes are essential for a VFM analyst?
  • Can you give an example of a time when you had to gather and analyze evidence from various sources?
  • How would you ensure that your written work is easily understood by non-technical readers?
  • Can you give an example of a time when you had to present complex findings in a way that was easily understood by different audiences?
  • How do you work cooperatively and collaboratively as part of a team?
  • Can you explain your interest in the work of the NAO and public policy?
  • How do you ensure attention to detail in documenting and maintaining an audit trail?
  • Can you give an example of a time when you had to overcome obstacles or challenges to achieve a goal?

5 Questions You Could Ask

Based on the job description above, here are 5 questions we think you could ask during your interview. Use them as a guide to help you write your own questions.

Remember: Always have at least 5 questions prepared for the interview. If you do not, you run the risk of looking unprepared.

  • What opportunities are there for professional development and learning within the role?
  • Can you provide more information about the secondments to Parliamentary Select Committees?
  • What specific topics or sectors does the Value for Money analyst team work on?
  • How does the team collaborate and communicate with other teams within the National Audit Office?
  • Can you tell me more about the Civil Service Employer Pension Contribution of 27.1%?
Job Location
Job Data


Location: Not Specified



Salary Per: Annual

Salary Min: 41470.00

Salary Max: 41470.00


Job Type: Permanent

FT or PT: Full Time

Category: Mining / Oil / Gas

Latitude: 55.378051

Longitude: -3.435973

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