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ACCA/ACA Financial Accounting Apprentice (Apprenticeship)
| Posting date: | 14 August 2024 |
|---|---|
| Salary: | £13.15 per hour |
| Hours: | Full time |
| Closing date: | 31 August 2024 |
| Location: | London , SE1 9QQ |
| Company: | GetMyFirstJob Ltd |
| Job type: | Apprenticeship |
| Job reference: | 253210 |
Summary
The Department/location
This is a hybrid working role between our Head Office in London Bridge, and from home. Our finance team works from our Head Office every Monday and Thursday. You should be able and willing to be office based for these days each week. This is a permanent full time role in our Financial Accounting Team, who are responsible for maintaining accurate financial records of our UK Pathways business. You will work closely with our two Senior Financial Accountants and report into one of them.
The Role
We are looking for someone who wants to undertake our apprenticeship programme to become fully qualified. It is principally a financial accounting role, providing accounting support to our UK Pathways business. The role will have key responsibilities in the month-end accounting process, working closely with the rest of the Financial Accounting Team to close the books in accordance with our agreed timetable and to complete well documented balance sheet reconciliations on a timely basis.
The role will have broad exposure across the P&L and balance sheet, and there will be plenty of opportunities for ad hoc project work to improve our accounting processes and to gain exposure to other teams within Finance and across the broader business. As an employee of an American-owned company, we have exposure to Sarbanes-Oxley requirements, which require adhering to a rigorous control environment.
The apprenticeship will involve a high degree of autonomy so if you are someone who likes control over your work and enjoys organising your day, this apprenticeship will suit you. You will also benefit from working in a supportive team with colleagues who will be eager to help and train you. We are keen for you to contribute ideas on ways of working and will give you opportunities to influence decisions about how we do things.
Key responsibilities and functions
Maintaining key monthly balance sheet reconciliations.
Assisting with Intercompany invoicing, accounting and balance confirmations prior to month end close.
Assisting with accounting and operations for our Kaplan Testing Services (KTS) business unit including:
-Managing credit control relations with clients (e.g. issuing invoices, and applying incoming receipts)
-Helping to communicate with KTS stakeholders the status of accounts receivable balances.
Assisting with the completion of various month-end accounting journals, reporting and reconciliations.
Maintaining finance controls within areas of responsibility.
Supporting the Financial Accounting Team during audits, providing information to internal and external auditors.
Continual process review and improvement
Other ad hoc tasks can be focussed on developmental areas and could include. Support to the Head of Audit and Compliance in the production of statutory accounts.
Involvement in ad hoc projects designed to improve the efficiency and effectiveness of our financial accounting close (e.g. automating tasks), as well as visibility of the balance sheet to non-finance users (analytical reporting).
These responsibilities may vary over time and are not exhaustive.
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
Advanced Taxation
Advanced Audit and Assurance
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’.
Accounting and Taxation Professional Level 7 - ACA
The gold standard in Accountancy Apprenticeships, this programme enables individuals to become fully qualified in a profession which is globally recognised and respected in areas of accountancy, taxation, finance and business.
ACA is a great option if you're looking to become a chartered accountant and work in accountancy and finance. It opens a wealth of opportunities, as you can specialise in specific areas or sectors, or work broadly across multiple industries.
It consists of three levels:
Certificate Level: You’ll be introduced to the essentials of accountancy, finance, and businesses. You’ll learn about double-entry accounting, assurance, business and technology, law, management, and taxation.
Professional Level: This level teaches you how to apply technical knowledge to real-life scenarios. You’ll deepen your knowledge on financial reporting, audit and assurance, tax compliance, finance management, business strategy, and business planning.
Advanced Level: You will give you the skills to understand how accountancy and finance works within businesses. You’ll learn about corporate reporting and strategic business management.You will also be required to complete an End Point Assessment (EPA), which will include a case study exam and project report. As part of the apprenticeship you will complete innovative skills and behaviours that are essential to complement the vital technical training. They are designed to support learners in developing essential competencies and embedding their learning within the context of their organisation. Delivered with motivation and engagement at heart, learners can practice these essential competencies with industry peers in a realistic environment.
Training will be provided by attending either face-to-face classroom based lessons or Live Online. An apprenticeship has to be relevant to the job you are undertaking and you must dedicate time to off the job training, as well as completing knowledge, skills and behaviours associated with your apprenticeship.
Qualifications required
Relevant Degree.
A Levels grade A-C
GCSE's grades 9/A* - 5/B including Maths and English or equivalent.
Skills required
Ability to use Excel.
Prospects
Kaplan International Pathways is a wonderful place to work. We have a modern Head Office building in London Bridge, on the edge of Borough Market and a one-minute walk from London Bridge Underground/National Rail stations.
Our team is an incredibly diverse, welcoming and friendly group to work with. You will be working alongside a high performing team of finance professionals with varying levels of experience and qualifications. Work life balance is important to us, and we regularly review workloads to ensure staff have manageable responsibilities. We encourage staff to bring their full selves to work, and we support this by being supportive and flexible with working arrangements wherever possible.
To help you succeed in the apprenticeship, we will train you so that you have a full understanding of our business goals and context. We will work with you to determine what additional training you will need to do your job better and develop professionally. We will also work hard to ensure that you are supported and guided so that you enjoy your job and achieve your potential. We will ensure you have exposure to the wider finance team, with opportunities to shadow. 20% of the role’s working hours are dedicated to off job training to work towards completing your qualification.
Qualification / Standard : ST0001 Accountancy or taxation professional
Duration 36 months
This is a hybrid working role between our Head Office in London Bridge, and from home. Our finance team works from our Head Office every Monday and Thursday. You should be able and willing to be office based for these days each week. This is a permanent full time role in our Financial Accounting Team, who are responsible for maintaining accurate financial records of our UK Pathways business. You will work closely with our two Senior Financial Accountants and report into one of them.
The Role
We are looking for someone who wants to undertake our apprenticeship programme to become fully qualified. It is principally a financial accounting role, providing accounting support to our UK Pathways business. The role will have key responsibilities in the month-end accounting process, working closely with the rest of the Financial Accounting Team to close the books in accordance with our agreed timetable and to complete well documented balance sheet reconciliations on a timely basis.
The role will have broad exposure across the P&L and balance sheet, and there will be plenty of opportunities for ad hoc project work to improve our accounting processes and to gain exposure to other teams within Finance and across the broader business. As an employee of an American-owned company, we have exposure to Sarbanes-Oxley requirements, which require adhering to a rigorous control environment.
The apprenticeship will involve a high degree of autonomy so if you are someone who likes control over your work and enjoys organising your day, this apprenticeship will suit you. You will also benefit from working in a supportive team with colleagues who will be eager to help and train you. We are keen for you to contribute ideas on ways of working and will give you opportunities to influence decisions about how we do things.
Key responsibilities and functions
Maintaining key monthly balance sheet reconciliations.
Assisting with Intercompany invoicing, accounting and balance confirmations prior to month end close.
Assisting with accounting and operations for our Kaplan Testing Services (KTS) business unit including:
-Managing credit control relations with clients (e.g. issuing invoices, and applying incoming receipts)
-Helping to communicate with KTS stakeholders the status of accounts receivable balances.
Assisting with the completion of various month-end accounting journals, reporting and reconciliations.
Maintaining finance controls within areas of responsibility.
Supporting the Financial Accounting Team during audits, providing information to internal and external auditors.
Continual process review and improvement
Other ad hoc tasks can be focussed on developmental areas and could include. Support to the Head of Audit and Compliance in the production of statutory accounts.
Involvement in ad hoc projects designed to improve the efficiency and effectiveness of our financial accounting close (e.g. automating tasks), as well as visibility of the balance sheet to non-finance users (analytical reporting).
These responsibilities may vary over time and are not exhaustive.
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
Advanced Taxation
Advanced Audit and Assurance
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’.
Accounting and Taxation Professional Level 7 - ACA
The gold standard in Accountancy Apprenticeships, this programme enables individuals to become fully qualified in a profession which is globally recognised and respected in areas of accountancy, taxation, finance and business.
ACA is a great option if you're looking to become a chartered accountant and work in accountancy and finance. It opens a wealth of opportunities, as you can specialise in specific areas or sectors, or work broadly across multiple industries.
It consists of three levels:
Certificate Level: You’ll be introduced to the essentials of accountancy, finance, and businesses. You’ll learn about double-entry accounting, assurance, business and technology, law, management, and taxation.
Professional Level: This level teaches you how to apply technical knowledge to real-life scenarios. You’ll deepen your knowledge on financial reporting, audit and assurance, tax compliance, finance management, business strategy, and business planning.
Advanced Level: You will give you the skills to understand how accountancy and finance works within businesses. You’ll learn about corporate reporting and strategic business management.You will also be required to complete an End Point Assessment (EPA), which will include a case study exam and project report. As part of the apprenticeship you will complete innovative skills and behaviours that are essential to complement the vital technical training. They are designed to support learners in developing essential competencies and embedding their learning within the context of their organisation. Delivered with motivation and engagement at heart, learners can practice these essential competencies with industry peers in a realistic environment.
Training will be provided by attending either face-to-face classroom based lessons or Live Online. An apprenticeship has to be relevant to the job you are undertaking and you must dedicate time to off the job training, as well as completing knowledge, skills and behaviours associated with your apprenticeship.
Qualifications required
Relevant Degree.
A Levels grade A-C
GCSE's grades 9/A* - 5/B including Maths and English or equivalent.
Skills required
Ability to use Excel.
Prospects
Kaplan International Pathways is a wonderful place to work. We have a modern Head Office building in London Bridge, on the edge of Borough Market and a one-minute walk from London Bridge Underground/National Rail stations.
Our team is an incredibly diverse, welcoming and friendly group to work with. You will be working alongside a high performing team of finance professionals with varying levels of experience and qualifications. Work life balance is important to us, and we regularly review workloads to ensure staff have manageable responsibilities. We encourage staff to bring their full selves to work, and we support this by being supportive and flexible with working arrangements wherever possible.
To help you succeed in the apprenticeship, we will train you so that you have a full understanding of our business goals and context. We will work with you to determine what additional training you will need to do your job better and develop professionally. We will also work hard to ensure that you are supported and guided so that you enjoy your job and achieve your potential. We will ensure you have exposure to the wider finance team, with opportunities to shadow. 20% of the role’s working hours are dedicated to off job training to work towards completing your qualification.
Qualification / Standard : ST0001 Accountancy or taxation professional
Duration 36 months