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Graduate Development Programme: Finance

The Finance department consists of three sections - Financial Accounting, Financial Planning and Reporting, and Taxation - with a total team of 42 members.

We are responsible for providing a diverse range of services to support the funding of over £600 million of awards a year to grant recipients throughout the UK and rest of the world.

The Financial Planning and Reporting team prepares and manages all the budgeting, cash forecasting and reporting to the Trust Board of Governors and the Executive Board. The section provides business analysis support and performs investment accounting as well as providing procurement services across the Trust and systems support for our accounting software.

The Financial Accounting section is responsible for managing the payment of all grants, operational payments and payroll. It prepares the annual statutory reports for the Trust and its subsidiaries and manages the daily treasury and cash requirements that enable payments to be made.

The Taxation section provides expert knowledge on minimising the Trust's tax exposure throughout the UK and overseas. The team also ensures that all statutory filings are complied with on a global basis.

During your time with Finance you will gain an understanding of how we support the rest of the Trust in achieving its goals. You will gain a widespread knowledge of how a large finance department operates and how each section works together in order to achieve its desired outcomes.

At the end of your placement you will have gained valuable skills in, and exposure to, modelling, analysis and financial project work and developed your communication and influencing skills.

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Wellcome Trust, Gibbs Building, 215 Euston Road, London NW1 2BE, UK T:+44 (0)20 7611 8888