It will work with film, but it isn't particularly recommended for it.
It is designed to be mixed up small portions at a time, right before use. Here is an excerpt from the Fact Sheet for Mutigrade and PQ Universal developers on the Ilford website:
Prepare the working strength solutions of MULTIGRADE and PQ UNIVERSAL developers directly before they are needed. Determine the amount of solution needed for the processing session, making sure that it is a least enough to fill the developing dish/tray to a depth of about half full. Measure out the appropriate amount of concentrate using the smallest measuring cylinder appropriate to the liquid volume: it is easier and more accurate to measure 100 ml of solution in a
100 ml cylinder than a 1000 ml cylinder.
Most liquid chemistry is designed the same way - make up only as much as you need just before you need it. It actually is more convenient that way.
Hope this helps.