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ACCA Finance Apprentice (Apprenticeship)
Salary not available. View on company website.
GetMyFirstJob Ltd, Avery Hill, Greenwich
- Onsite working
- Full time
- Temporary
Posted 1 day ago, 23 May
Job ref: 8a319857b67644c6b23b48c8b6fe6fb2
Full Job Description
Description of the vacancy: The Financial Reporting and Compliance team is based within the CFO team, responsible for supporting accurate reporting and supporting financial sustainability, based at our Avery Hill Campus. The CFO team is seeking to appoint a Finance Apprentice for 36 months with the possibility of the role becoming permanent following the end of the development scheme. As part of the scheme, the Finance Apprentice would also complete their ACCA accreditation. The role sits within a busy team, responsible for ensuring the accuracy, completeness and timeliness for our financial reporting and supporting the delivery of the University's strategy. As a Finance Apprentice, you will be expected to complete the learning and development requirements of the role which include training days, completing the ACCA, being mentored in year 1, and becoming an active member of the FRC team. As a trainee, you will be expected to utilise the support on offer to maximise the benefits to your
professional development and you will be expected to deliver project work to develop your skills and competences in Financial Reporting and through completion of your studies. Following a 3-year development journey, it is anticipated that you will be considered a subject matter expert in this role. To support your career progression there will be a formal evaluation of your role and exam progression with an aligned grading every 12 months through the 36 month contract. Following the contract there will be an assessment to enable you to apply for the post on a permanent basis - see annual wage with performance assessments below for further details. The post holder will have the opportunity to participate in a supportive environment to develop the behaviours, knowledge and professional skills required of the role and the team. This is a professional, demanding role within a complex organisation with an ambitious strategic plan and agenda for change. The role holder will be
expected to show flexibility in working arrangements, including working hours, to ensure that the Financial Reporting & Compliance team delivers the required level of service. The post holder will support the CFO team by assisting with the accuracy and completeness of the cash books for all bank accounts held by the University and its subsidiaries and the provision of timely and accurate financial records. Collating samples as requested by the University's Auditors and assisting the Financial Accountant.
Specific tasks include:
Entering receipts on the Student Finance system (Banner).
Entering Commercial receipts on the ERP system (Horizon).
Assist with timely and accurate completion of cash book entries.
Investigate unidentified bank statement transactions.
Assisting with the recording of Government Procurement Card transactions.
Preparing and entering journals.
Balance sheet reconciliations.
Filing and assisting with archiving of files.
Any other duties as required.
Training
ACCA Level 7
There are three levels including Applied Knowledge, Applied Skills and Strategic Professional.
Applied Knowledge helps you understand the role of accounting in the business environment, and develop the practical skills and techniques expected of an accountant working in business.
The area you will cover include:
Business and Technology
Management Accounting
Financial Accounting
Applied Skills encourages you to develop a broad understanding of the role of accounting in business, and how to interpret financial information.
The area you will cover include:
Corporate and business law (ENG) (LW)
Performance Management (PM)
Taxation (TX-UK)
Financial Reporting (FR)
Audit and Assurance (AA)
Financial Management (FM)
By studying Strategic Professional, you'll learn advanced techniques, skills, and the professional ethics required of an accountant or consultant operating at a senior level. Once you've successfully passed you can apply to be a full member of ACCA.
The area you will cover include:
Essentials
Strategic Business Leader
Strategic Business Reporting
Options
Advanced Financial Management
Advanced Performance Management
The Apprenticeship standard details the essential Knowledge, Skills and Behaviours that somebody would need to demonstrate to be successful in this job role, this includes, Business Awareness, Ethics, Communication, Leadership, Planning and Prioritisation and Problem Solving. Apprentices will need to show they are competent in all the areas detailed in the standard when they take End Point Assessment.
The Knowledge areas of the standard will typically be covered through completion of the qualification. Skills and Behaviours are developed through workshops, e-learning, workplace training and practical experience provided 'on-the-job'.
Qualifications required
Degree equivalent.
A Levels grade A-C.
Skills required
Attention to detail.
Communication skills.
Excel skills.
IT skills.
Organisational skills.
Presentation skills.
Problem Solving skills.
Stakeholder care/management skills Personal Qualities.
Analytical/Analysis Skills.
Collaborative.
Flexibility.
Honesty.
Initiative.
Logical.
Non-Judgemental.
Perseverance Qualifications (desirable) A strong interest in finance would be an advantage.
Prospects
There are many routes to go down, such as becoming a financial accountant, or they may want to look at moving into another team, such as business partnering.
Qualification / Standard : ST0001 Accountancy or taxation professional
Duration 36 months
professional development and you will be expected to deliver project work to develop your skills and competences in Financial Reporting and through completion of your studies. Following a 3-year development journey, it is anticipated that you will be considered a subject matter expert in this role. To support your career progression there will be a formal evaluation of your role and exam progression with an aligned grading every 12 months through the 36 month contract. Following the contract there will be an assessment to enable you to apply for the post on a permanent basis - see annual wage with performance assessments below for further details. The post holder will have the opportunity to participate in a supportive environment to develop the behaviours, knowledge and professional skills required of the role and the team. This is a professional, demanding role within a complex organisation with an ambitious strategic plan and agenda for change. The role holder will be
expected to show flexibility in working arrangements, including working hours, to ensure that the Financial Reporting & Compliance team delivers the required level of service. The post holder will support the CFO team by assisting with the accuracy and completeness of the cash books for all bank accounts held by the University and its subsidiaries and the provision of timely and accurate financial records. Collating samples as requested by the University's Auditors and assisting the Financial Accountant.
Specific tasks include:
Entering receipts on the Student Finance system (Banner).
Entering Commercial receipts on the ERP system (Horizon).
Assist with timely and accurate completion of cash book entries.
Investigate unidentified bank statement transactions.
Assisting with the recording of Government Procurement Card transactions.
Preparing and entering journals.
Balance sheet reconciliations.
Filing and assisting with archiving of files.
Any other duties as required.
Training
ACCA Level 7
There are three levels including Applied Knowledge, Applied Skills and Strategic Professional.
Applied Knowledge helps you understand the role of accounting in the business environment, and develop the practical skills and techniques expected of an accountant working in business.
The area you will cover include:
Business and Technology
Management Accounting
Financial Accounting
Applied Skills encourages you to develop a broad understanding of the role of accounting in business, and how to interpret financial information.
The area you will cover include:
Corporate and business law (ENG) (LW)
Performance Management (PM)
Taxation (TX-UK)
Financial Reporting (FR)
Audit and Assurance (AA)
Financial Management (FM)
By studying Strategic Professional, you'll learn advanced techniques, skills, and the professional ethics required of an accountant or consultant operating at a senior level. Once you've successfully passed you can apply to be a full member of ACCA.
The area you will cover include:
Essentials
Strategic Business Leader
Strategic Business Reporting
Options
Advanced Financial Management
Advanced Performance Management
The Apprenticeship standard details the essential Knowledge, Skills and Behaviours that somebody would need to demonstrate to be successful in this job role, this includes, Business Awareness, Ethics, Communication, Leadership, Planning and Prioritisation and Problem Solving. Apprentices will need to show they are competent in all the areas detailed in the standard when they take End Point Assessment.
The Knowledge areas of the standard will typically be covered through completion of the qualification. Skills and Behaviours are developed through workshops, e-learning, workplace training and practical experience provided 'on-the-job'.
Qualifications required
Degree equivalent.
A Levels grade A-C.
Skills required
Attention to detail.
Communication skills.
Excel skills.
IT skills.
Organisational skills.
Presentation skills.
Problem Solving skills.
Stakeholder care/management skills Personal Qualities.
Analytical/Analysis Skills.
Collaborative.
Flexibility.
Honesty.
Initiative.
Logical.
Non-Judgemental.
Perseverance Qualifications (desirable) A strong interest in finance would be an advantage.
Prospects
There are many routes to go down, such as becoming a financial accountant, or they may want to look at moving into another team, such as business partnering.
Qualification / Standard : ST0001 Accountancy or taxation professional
Duration 36 months
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