Finance Apprentice

Bradford District Credit Union

Bradford, BD1 1HY

Closes in 21 days (Tuesday 15 October at 11:59pm)

Posted on 19 September 2024


Summary

We are seeking a highly motivated and enthusiastic individual to join our team as a ‘Finance Apprentice’ at Bradford District Credit Union (BDCU). This position offers a unique opportunity to gain hands-on experience in both finance and customer service within a dynamic and growing non-profit organisation.

Annual wage
£12,313.60 to £22,010.56 a year

Minimum wage rates (opens in new tab)

Training course
Business administrator (level 3)
Hours
Monday - Thursday, 8.30am - 4.30pm and Friday, 8.30am - 4.00pm Previous work experience preferred but not essential.

37 hours a week

Possible start date

Tuesday 11 November

Duration

1 Year 6 Months

Positions available

1

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

Principal duties after training to include - Generic:

  • To assist in providing financial support to the Credit Union
  • To provide advice and guidance to members on behalf of the Bradford District Credit Union
  • To provide advice and guidance to members on behalf of the Bradford District Credit Union
  • To develop good working relationships with colleagues to support the delivery of Credit Union services and always showing professionalism and respect
  • To promote fairness and inclusion across all Credit Union service provision and employment through personal example and open commitment
  • To take reasonable care of own health and safety and that of others who may be affected by the work of the post holder
  • To carry out any other duties as may be required, which are reasonable in terms of the nature and level of the post

Principal duties after training to include - Specific:

  • To assist in providing timely information and support technical matters and control issues, supporting to offer solutions as required
  • Working with the team to ensure all daily financial transactions, including those relating to payroll partners are accurately processed and end of day reporting ran timely and successfully Also assisting in the maintenance of the purchase and expenses ledger and ensuring payment authorisations are made in a timely manner
  • Assisting in maintaining bank accounts and transferring of money’s between accounts to maintain minimum liquidity thresholds, maximising interest return where possible and adhering to policies around counterparty risk
  • Maintain key Credit Union systems including the IT system, banking system and other systems as required
  • Monitor and manage the Finance mailboxes
  • Processing and payment of Invoices and expenses in a timely manner and in line with delegated authority limits, ensuring all relevant systems are kept up to date

Promote continuous improvement by:

  • Maintaining knowledge of relevant guidance
  • Ensure quality and consistency of financial information
  • Promoting governance and risk management awareness and the maximising of resources to improve value for money
  • Support the Finance Lead with wider finance administration duties
  • To carry out any other office duties that may be required by management

Where you’ll work

Bradford City Hall

Centenary Square

Bradford

BD1 1HY

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

BRADFORD COLLEGE

Your training course

Business administrator (level 3)

Equal to A level

Course contents
  • Skilled in the use of multiple IT packages and systems relevant to the organisation in order to: write letters or emails, create proposals, perform financial processes, record and analyse data. Examples include MS Office or equivalent packages. Able to choose the most appropriate IT solution to suit the business problem. Able to update and review databases, record information and produce data analysis where required.
  • Produces accurate records and documents including: emails, letters, files, payments, reports and proposals. Makes recommendations for improvements and present solutions to management. Drafts correspondence, writes reports and able to review others' work. Maintains records and files, handles confidential information in compliance with the organisation's procedures. Coaches others in the processes required to complete these tasks.
  • Exercises proactivity and good judgement. Makes effective decisions based on sound reasoning and is able to deal with challenges in a mature way. Seeks advice of more experienced team members when appropriate.
  • Builds and maintains positive relationships within their own team and across the organisation. Demonstrates ability to influence and challenge appropriately. Becomes a role model to peers and team members, developing coaching skills as they gain area knowledge.
  • Demonstrates good communication skills, whether face-to-face, on the telephone, in writing or on digital platforms. Uses the most appropriate channels to communicate effectively. Demonstrates agility and confidence in communications, carrying authority appropriately. Understands and applies social media solutions appropriately. Answers questions from inside and outside of the organisation, representing the organisation or department.
  • Completes tasks to a high standard. Demonstrates the necessary level of expertise required to complete tasks and applies themself to continuously improve their work. Is able to review processes autonomously and make suggestions for improvements. Shares administrative best-practice across the organisation e.g. coaches others to perform tasks correctly. Applies problem-solving skills to resolve challenging or complex complaints and is a key point of contact for addressing issues.
  • Takes responsibility for initiating and completing tasks, manages priorities and time in order to successfully meet deadlines. Positively manages the expectations of colleagues at all levels and sets a positive example for others in the workplace. Makes suggestions for improvements to working practice, showing understanding of implications beyond the immediate environment (e.g. impact on clients, suppliers, other parts of the organisation). Manages resources e.g. equipment or facilities. Organises meetings and events, takes minutes during meetings and creates action logs as appropriate. Takes responsibility for logistics e.g. travel and accommodation.
  • Uses relevant project management principles and tools to scope, plan, monitor and report. Plans required resources to successfully deliver projects. Undertakes and leads projects as and when required.
  • Your training plan

    Business Administrator Level 3 Apprenticeship Standard:

    • The apprentice will be invited into a monthly workshop in Bradford College's Little Germany campus
    • No weekly release day in to college
    • 5 days per week in the workplace
    • 6 hours 'off the job' every week for shadowing colleagues, specific training or writing of assignments
    • Assessor/skills coach will visit the work place every 4-6 weeks

    More training information

    • Apprenticeship is 18 months
    • End point assessment at the end of the course

    Requirements

    Essential qualifications

    GCSE in:

    • English (grade 4)
    • Maths (grade 4)

    Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

    Skills

    • Communication skills
    • IT skills
    • Organisation skills
    • Customer care skills
    • Number skills
    • Analytical skills
    • Team working
    • Initiative
    • Patience

    Other requirements

    Please be aware, the company has high expectations of their staff and are seeking an individual who has some previous work experience. They would like someone who can pick things up quickly, has a 'can-do' attitude, is proactive and can use their own initiative.

    About this company

    Bradford District Credit Union (BDCU) is a progressive non-profit ethical community bank owned by its members. With over 10,000 members, we take pride in our 32 years of dedicated service. As a rapidly growing organisation, we serve as a community development hub by leading on innovate projects and events, collaborating with various partners to offer community and commercial projects aimed at fostering a savings culture. At BDCU, we provide a "Faith Friendly" alternative to high street banks, predatory lenders, and costly money lenders. Our primary focus is to encourage savings through a range of accounts, including savings accounts and junior savings accounts. Additionally, we offer loans to our members and individuals in need of financial support. We extend our services to companies as well, providing savings and loan options to their staff, promoting safe and responsible financial practices.

    http://www.bdcu.co.uk (opens in new tab)

    After this apprenticeship

    • Potential permenant position within the company upon successful completion of the apprenticeship

    Ask a question

    The contact for this apprenticeship is:

    BRADFORD COLLEGE

    Philippa Yates

    p.yates@bradfordcollege.ac.uk

    01274 728316

    The reference code for this apprenticeship is VAC1000278024.

    Apply now

    Closes in 21 days (Tuesday 15 October at 11:59pm)

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