Public finance accountant

Public finance accountants make sure money is spent properly in public sector organisations.


What you'll do

Day-to-day tasks

As a public finance accountant you could:

  • prepare financial records and statements
  • make sure records meet legal and ethical standards
  • monitor spending and cashflows
  • advise treasury departments on investments and borrowing
  • manage an organisation's financial systems and processes
  • conduct internal audits
  • present reports to boards and budget holders

Working environment

You could work in an office.

Career path and progression

With experience you could become a senior accountant, move into management or progress to a director of finance position.

You could also move into private practice or management accountancy.

What it takes

Skills and knowledge

You'll need:

  • knowledge of economics and accounting
  • maths knowledge
  • to be thorough and pay attention to detail
  • administration skills
  • analytical thinking skills
  • the ability to work well with others
  • ambition and a desire to succeed
  • the ability to use your initiative
  • to have a thorough understanding of computer systems and applications

Most relevant

  • Accounting - Public finance accountants prepare financial records and statements, conduct internal audits, and monitor spending and cashflows. This is an accountancy career at its core, so understanding financial reporting, double-entry bookkeeping, and auditing principles is essential to the daily work.
  • Mathematics - Public finance accountants work with numbers constantly – calculating budgets, analysing spending patterns, and forecasting cashflows. Strong mathematical skills are needed to interpret financial data accurately and advise on investments and borrowing.
  • Economics - Public finance accountants need to understand how government spending, taxation, and economic policy affect public sector organisations. They advise treasury departments on investments and borrowing, which requires a solid grasp of how markets and the wider economy work.
  • Business - Public finance accountants manage financial systems and processes within organisations, present reports to boards, and help with strategic decision-making. Understanding how organisations are structured, managed, and governed is central to this work.

Also relevant

  • Law - Public finance accountants must ensure that financial records meet legal and ethical standards. They work within a framework of public sector regulations and accountability rules, so understanding legal principles helps them ensure compliance.
  • Politics - Public finance accountants work within government bodies, the NHS, police authorities, and other public sector organisations. Understanding how political decisions shape public spending priorities and how public institutions are governed gives useful context for their work.
  • English Language - Public finance accountants write detailed financial reports and present findings to boards and budget holders who may not have a financial background. Being able to communicate complex information clearly and persuasively – both in writing and in person – is an important part of the role.
  • Computer Science - Public finance accountants need a thorough understanding of computer systems and applications, including financial management software and data analysis tools. While not all will write code, understanding how databases and digital systems work helps them manage and interrogate large volumes of financial data effectively.

How to become

You can get into this job through:

  • a university course
  • an apprenticeship
  • training with a professional body

Training in public finance accountancy is open to graduates of all subjects, though some employers may prefer you to have a degree in:

  • accounting and finance
  • business and management
  • maths
  • economics
  • public administration

Look for work experience opportunities during your studies, as these can give you an advantage when applying for jobs.

Opportunities include:

  • insight days
  • virtual and in person work placements
  • Easter and summer vacation schemes
  • internships

After your degree you could join a structured graduate training scheme. Many employers will help you to gain the Professional Accountancy Qualification (PAQ) with the Chartered Institute of Public Finance and Accountancy (CIPFA).

There may be some exemptions for the certificate level of the PAQ, depending on your degree.

You can find graduate training schemes with:

  • local and central government
  • housing associations and charities
  • the NHS and other healthcare bodies
  • police authorities and the military
  • private sector accountancy firms that offer services to public sector organisations

Entry requirements

You'll usually need:

  • 4 or 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths
  • 2 to 3 A levels, or equivalent, for a degree

More Information

You could take your first steps into an accountancy career by applying to do a Professional Accounting Technician or Professional Taxation Technician Level 4 Higher Apprenticeship. These can take up to 2 years.

You might then use this as entry onto the Accountancy Professional Level 7 Apprenticeship, or an accountancy degree at university.

Entry requirements

You'll usually need:

  • 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a higher or degree apprenticeship

More Information

You could study with the Chartered Institute of Public Finance and Accountancy (CIPFA) to qualify.

You would complete the Professional Accountancy Qualification (PAQ).

You can apply to take the CIPFA PAQ if you're:

  • over 18 and have at least 3 GCSEs, grades 9 to 4 (A* to C), and 2 A levels - including English and maths at either level
  • a graduate with an accountancy related degree
  • an accountant qualified with a different professional body
  • a part-qualified accountant
  • a chartered internal auditor
  • a graduate with the Association of Accountancy Technicians

You could also do the CIPFA PAQ if you're in a senior public finance role but don't yet hold a professional accountancy qualification.

You can find out more about careers in public finance accountancy from the Chartered Institute of Public Finance & Accountancy.


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