FOSTER Summer Placement - Finance

Number of employees

220

Milton, United Kingdom

Posted on: 2025-02-24

Category: renewables

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

The world needs a clean and reliable source of base-load energy to develop sustainably into the future. That’s what Tokamak Energy is striving to achieve.

Tokamak Energy is a private company accelerating the development of fusion power.

Fusion – the energy source that powers the sun – is globally accepted as the best way to generate plentiful, safe, secure and clean energy. The tokamak is the most heavily researched and best understood of all the different paths to fusion.

It is now acknowledged that the spherical tokamak design offers the smallest and most cost-effective solution. This is our solution. Yet there are many complex engineering challenges that need to be overcome for demonstration and commercialisation of this technology.

Our team of world-class fusion scientists and magnet engineers is tackling these challenges to develop efficient and affordable fusion power. Our unique approach is centred on rapid innovation using the latest materials and technology – but building on decades of scientific research and experience. This strategy gives us – and the world – a faster way to fusion.

Once fusion electricity is achieved, our scalable technology could be rolled out across the world as a solution to one of humanity’s greatest challenges: clean and sustainable energy for all.

The FOSTER programme's enhanced internship scheme provides students an opportunity to gain work experience within the growing UK fusion industry. The FOSTER programme is looking to build the talent pipeline into the industry. Over the past three years, 83 students have participated in placements in 20 host organisations around the UK, with many receiving offers of employment after their graduation. 

 

Tokamak Energy are fully committed to building talent within the fusion industry and excited to offer internship opportunities across our business. The placement will give you valuable experience working within a commercial fusion company alongside talented experts within the field, building both your technical and business knowledge.     

 

Placements at Tokamak Energy also give students the opportunity to regularly collaborate not only with our employees, but crucially with other members of your cohort. We recognise the value of creating a supportive learning environment to enable you to explore the subjects and skills that you are passionate about. 

 

As a Finance Intern at Tokamak Energy, you will support the finance team in various tasks and projects that provide valuable insights and experience in the finance industry, with a focus on the fusion energy sector. This role offers a unique opportunity to gain practical knowledge and develop essential skills that will benefit your future career in finance, specifically within the innovative field of fusion energy. 

In this role, you will: 

  1. Gain an insight into working in a busy finance team with an introduction to all aspects of the functional responsibilities and exposure to senior stakeholders 
  2. Support to the annual Group budgeting process including: 
    • Data analysis of submissions from departments 
    • Assistance with the Group’s budget consolidation model 
    • Attendance at budget review meetings 
  3. Support to the financial accounting team including 
    • Purchase ledger 
    • Month end process and production of the monthly reports 

Requirements

  • Studying a relevant Degree  
  • Excellent excel and Microsoft office 365 skills 
  • Knowledge of key financial concepts, principles, and regulations 
  • Motivated and enthusiastic with the ability to work independently as well as collaboratively with team members 
  • Effective communication skills both written and oral  
  • Good planning and organisation skills with the ability to prioritise tasks to meet deadlines 
  • A proactive attitude with the willingness to learn and take on new challenges 

Benefits

  • 6 days holiday (plus bank holidays)
  • The placement has a maximum duration of 10 weeks.
  • The salary is £23,809 per annum, pro-rated and paid monthly.
  • Accommodation cover aren't offered for the student placements.
  • Cohort experience
  • This is a fantastic opportunity to get a closer look at what we do, the work environment, and the exciting roles we have available.
  • Please check you are eligible via this link on the UKAEA website: https://careers.ukaea.uk/early-careers/foster-summer-internship/

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