Speaking as he arrived for the European Union meeting, Mr Hammond said: "We should prioritise protecting jobs, protecting economic growth and protecting prosperity as we enter those negotiations and take them forward".
According to ITV's Robert Peston, a source within the DUP "was very keen to be quoted" as saying that his party "completely backs [May's] vision of Brexit" - and not that of her Chancellor of the Exchequer, Philip Hammond.
The officials corrdinating the negotiations, Sabine Weyand, who is the European commission's deputy chief negotiator, and Olly Robbins, the permanent secretary at the Department for Exiting the EU will then meet in the afternoon.
Brexit talks will begin Monday.
Hammond will attempt to change May's mind after a disastrous election in which the government lost its majority last Thursday, the Times said. "It's our dominating theme today and will remain so over the weekend as bodies are recovered and we start to get a sense of the scale of the tragedy".
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Hammond's comments will be the latest in a line of politicians to urge May to either cancel Brexit by reversing Article 50 or opt for a "soft Brexit."
Mr Hammond will say: "Investors need certainty in order to continue to support the United Kingdom economy and create jobs as we leave the EU".
"I'm not going to give a blow by blow account of how we propose to take that discussion forward", he said.
Speaking as he arrived in Brussels ahead of a meeting of EU finance ministers, Hammond said the prime minister's pledges to take the United Kingdom out of the single market and the customs union remained the "broad principles" of the government's position going into the talks.
Mr Hammond said on Friday: "I can confirm that as we enter negotiations next week, we will do so in a spirit of honest cooperation, taking a pragmatic approach to trying to find a solution that works both for the United Kingdom and for the European Union 27".
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