Finance Apprentice (Worldskills UK)

Summary

The purpose of this role is to assist in the delivery of effective financial services by processing significant amounts of financial information in accordance with agreed processes and procedures and providing support to the Finance and Procurement team.

Annual wage: £20,000 a year
Minimum wage rates (opens in new tab)
Training course: Assistant accountant (level 3)
Hours: Monday - Friday. Shifts to be confirmed.
35 hours a week
Possible start date: Monday 2 December
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

Financial:

To undertake training and supervision to assist with a range of financial tasks, including:

Preparing and processing invoices
Administering payments
Chasing the late payment of invoices
Processing expense claims in accordance with WorldSkills UK’s expenses policy
Reconciliation of bank, creditors and debtors accounts (and where required, resolving account queries)
Preparation of VAT returns (as required)
Raising, processing and authorisation of Purchase Orders
Managing accounts receivable and accounts payable
Managing, administering, and configuring the purchase requisition system (WAP) and providing training and support on the system
Liaising with teams across the organisation to resolve queries including WAP and budget code issues etc.
Managing petty cash
Other duties in finance as necessary

General administrative support to the Finance and Procurement team:

To provide general administrative support to members of the Finance and Procurement team through:
Managing the team’s electronic filing systems
Scheduling Finance team meetings and those with other teams and individuals including budget holders
General administrative support, as required, to the Director of Finance and Corporate Services, Head of Finance, Finance Manager and Procurement and Contracting Manager

General:

In addition to the key tasks and responsibilities set out above, all employees at this level are expected to:

Contribute to the successful delivery of WorldSkills UK’s strategic priorities and annual business objectives
Promote and comply with WorldSkills UK’s Employee Handbook and the policies contained therein with particular reference to those related to Health and Safety and on equity, diversity and inclusion
Carry out any other duty as may be reasonably assigned that is consistent with the nature of the job and its level of responsibility. Any significant changes will be made in consultation with the post holder acknowledging experience, education and ability

Where you’ll work

332, Third floor

25 Wilton Road

London

SW1V 1LW

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

BPP PROFESSIONAL EDUCATION 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.

Your training plan

This training plan has not been finalised. Check with this employer if you’ll need to travel to a college or training location for this apprenticeship.

More training information

BPP apprenticeship training programmes are delivered virtually by our fully qualified and industry-experienced training team. Using their expert knowledge, we’ve purposefully built our programmes around the real-world use of modern technology, so that the skills we create can be directly applied in the workplace.

Throughout the apprenticeship learners receive coaching, help and guidance from a dedicated team who are there to ensure they get the most from their work experience.

Requirements

Essential qualifications

GCSE in:

5 GCSE's including English and Maths (grade (A*-C))
Any 3 A levels (grade (A*-C/9-4 or equivalent))

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

Organisation skills
Problem solving skills
Team working
Numerical sufficient
Exceptional communication
Able to think creatively
Flexible in working methods
Collaborative approach to work
Willingness to learn
To maintain confidentiality
To organise time effectively
Able to prioritise workload
Able to meet deadlines
Able to follow directions
Advanced Microsoft Office
Very reliable
High level of integrity
Able to work to own initiative

About this company

WorldSkills UK is an independent charity and a partnership between employers, education, and governments. Together, we are using international best practice to raise standards in apprenticeships and technical education so more young people and employers succeed. We are a proud member of WorldSkills, a global movement of over 80 countries. WorldSkills supports young people across the world via competitions-based training, assessment and benchmarking, with members’ national teams ultimately testing their ability to achieve world-class standards in the biennial ‘skills olympics’. The insights we gain from training as part of this global network help us raise standards across the UK.

After this apprenticeship

Potential to move onto the L4 apprenticeship on completion of L3.

Ask a question

The contact for this apprenticeship is: