Finance Apprentice

Summary

The department is looking to appoint a finance apprentice to join the core professional services team within the Department of Psychiatry. The apprentice will undertake study of the AAT Level 3 qualification while learning the various accounting functions including accounts payable and accounts receivable.

Annual wage: £19,481 a year
Minimum wage rates (opens in new tab)
Training course: Assistant accountant (level 3)
Hours: Monday to Friday, 9am to 5pm.
36 hours 30 minutes a week
Possible start date: Saturday 1 March
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

Provide support to the finance team to ensure the smooth running of finance processes, including participant payments and procurement activities
Provide support with accounts payable and accounts receivable administration. Process and raise invoices, liaise with budget holders and suppliers, set up customer details in the University financial system, raise purchase orders and check and match purchase orders against invoices, process expense claims, reconcile monthly statements from suppliers
Carry out general administrative duties. Maintain accurate filing systems for accounting documents, bring ineffective processes to the attention of the line manager
Act as the first point of contact for accounting enquiries. Respond to routine queries from suppliers and departmental staff referring as necessary, give basic advice and guidance to staff on financial processes, maintain and update financial information on the departments Teams and SharePoint sites
Provide support to grant accounts administration. Enter information onto grant databases, assist in chasing up queries related to grant expenditure, produce grant information for Principal Investigator, run ad-hoc grant reports, identify and correct expenditure errors
Provide documentation, spreadsheets and relevant information such as invoice information
Cover for other finance staff as required

Where you’ll work

Douglas House 18B

Trumpington Road

Cambridge

CB2 8AH

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

FIRST INTUITION CAMBRIDGE LIMITED

Your training course

Assistant accountant (level 3)

Equal to A level

Course contents

Assist with the investigation and response to financial information queries.
Record and analyse financial data using the organisation’s standard tools and processes.
Apply double entry bookkeeping and accounting standards to process financial documents, generate financial statements and report financial information to users of accounts.
Assist with production of accurate financial information for the preparation of accounts.
Reconcile financial data, such as, preparation of reconciliations or review of reconciliations.
Investigate, resolve or escalate transactional queries and errors within their remit as appropriate.
Develop and maintain effective working relationships with stakeholders.
Communicate financial information in a way that non-finance stakeholders can interpret and understand.
Utilise digital skills to present key financial information using finance and accounting software and applications.
Use software packages to assist with basic accounting tasks in line with cyber and data security requirements, using data securely and safely, including backing up data.
Communicate using varying approaches and different media methods with an appreciation of the risks and benefits to the business of social media and other digital applications.
Assist with the investigation and response to financial information queries.
Record and analyse financial data using the organisation’s standard tools and processes.
Apply double entry bookkeeping and accounting standards to process financial documents, generate financial statements and report financial information to users of accounts.
Assist with production of accurate financial information for the preparation of accounts.
Reconcile financial data, such as, preparation of reconciliations or review of reconciliations.
Investigate, resolve or escalate transactional queries and errors within their remit as appropriate.
Develop and maintain effective working relationships with stakeholders.
Communicate financial information in a way that non-finance stakeholders can interpret and understand.
Utilise digital skills to present key financial information using finance and accounting software and applications.
Use software packages to assist with basic accounting tasks in line with cyber and data security requirements, using data securely and safely, including backing up data.
Communicate using varying approaches and different media methods with an appreciation of the risks and benefits to the business of social media and other digital applications.

Your training plan

The applicant will train under First Intuition Cambridge for their level 3 Assistant Accountant qualification. They will be expected to attend regular in-centre tuition courses throughout a 12 - 14-month period which will help develop their knowledge, skills and behaviours in accountancy-related practices. First Intuition Cambridge Ltd has Cambridge, Norwich, Ipswich, Peterborough and Milton Keynes centres.

Requirements

Essential qualifications

GCSE in:

English (grade 4/C)
Maths (grade 4/C)
Science (grade 4/C)

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
Attention to detail
Organisation skills
Time management
Excel skills

About this company

The University of Cambridge is one of the world’s oldest and most successful universities. We are a renowned centre for research, education, and scholarship that makes a significant contribution to society. The University is consistently ranked amongst the top universities in the world. Our affiliates have won more Nobel Prizes than any other University. Our sustained pursuit of academic excellence is built on a long history of first- class teaching and research within a distinctive collegiate system. For eight centuries our ideas and innovations have shaped the world. Our principal goal is to remain one of the world’s leading universities in an increasingly competitive global higher education sector. Today the University of Cambridge is at the centre of a cluster of over 4,300 businesses employing 58,000 people. Our capital investment projects include the West Cambridge site, the North West Cambridge development and the growth of the Biomedical Campus in the south of the city. The North West Cambridge development includes the opening of a primary school – the first in the UK to be managed by a University. So we are deeply embedded in, and committed to serving, our local community. These are all conspicuous signs of a University that is not only adapting to new needs, but also anticipating the future.

Disability Confident

A fair proportion of interviews for this apprenticeship will be offered to applicants with a disability or long-term health condition. This includes non-visible disabilities and conditions.

You can choose to be considered for an interview under the Disability Confident scheme. You’ll need to meet the essential requirements to be considered for an interview.

After this apprenticeship

Once the period of study is completed this person would be looking to apply for Finance Assistant Posts within the University.

Ask a question

The contact for this apprenticeship is: