Finance Apprentice (OSB Group)
ONESAVINGS BANK PLC
Chatham, ME4 4QZ
Closes in 15 days (Friday 31 January)
Posted on 6 January 2025
Contents
Summary
OSB Group is offering a rare opportunity to join our Finance department as a Finance Apprentice. This position will give you fantastic insight and experience working with the Regulatory Reporting and wider Finance Team. You will gain a thorough understanding of a variety of finance tasks within a supportive and valued team.
- Annual wage
-
£14,000 a year
Minimum wage rates (opens in new tab)
12.5% annual performance related discretionary bonus.
- Training course
- Assistant accountant (level 3)
- Hours
-
Monday to Friday between 9am-5pm.
35 hours a week
- Possible start date
-
Saturday 1 March
- Duration
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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
On a typical day, you will be completing a variety of tasks to support the team. This includes:
- Assisting with the preparation, analysis and submission for review a wide range of financial regulatory and statistical reports in a timely manner.
- Assisting with the preparation of variance analysis and commentaries on key returns and escalate findings and recommendations to the Line Manager.
- Providing support in the execution of the reporting processes and apply financial controls in accordance with policies and documented processes.
- Supporting the production the monthly mortgage exposure values for key stakeholders.
- Working towards gaining an understanding about the commercial and risk aspects of the banking business model.
Where you’ll work
O S B House
Quayside, Chatham Maritime
Chatham
ME4 4QZ
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.
- 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
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:
- English and Maths (grade (A*-C/9-4 or equivalent))
A Level in:
- Maths or a related subject (grade (A*-C/9-4))
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
- Microsoft Word & Excel
- Willingness to learn
- An inquisitive mind
- Determination to learn
Other requirements
A permanent contract. Professional Apprenticeship Qualification-AAT Level 3, with an established training provider, supporting you all the way. A buddy to help you navigate your first steps in your financial services career.
About this company
OSB Group is a specialist mortgage lender, supported by our savings brands. Our key purpose is to help customers, colleagues and communities prosper. Proud to be listed in The Sunday Times ‘Best 100 Companies to Work For’, we have over 2000 employees across the UK and India. We’re focused on developing positive relationships in the communities in which we’re based, and over the last two years we’ve donated over half a million pounds to local charity partners. Our Apprenticeship Programme is open to all people. In particular we would love to talk to those of you who are from a diverse and wide range of backgrounds and experiences, and we strongly encourage applications from people with a disability, ethnically diverse people, LGBTQ+ people and all gender identities.
http://www.osb.co.uk (opens in new tab)
Company benefits
A great benefits package: 28 days holiday, a bonus scheme and lots of added extras on Perk box (cheap cinema tickets, discount codes for eating out and highstreet stores, free phone insurance!)
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
We will work with you throughout your apprenticeship to establish what you enjoy and what your strengths in finance are. Towards the end of your apprenticeship, we will work with you to find a suitable role for you to migrate into following your apprenticeship.
We also have a thriving People Development department who can support you if you would like to continue your studies further following the completion of your apprenticeship.
Ask a question
The contact for this apprenticeship is:
ONESAVINGS BANK PLC
Amy McDermott
Recruitment@osb.co.uk
The reference code for this apprenticeship is VAC1000294032.
Apply now
Closes in 15 days (Friday 31 January)
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After signing in, you’ll apply for this apprenticeship on the company's website.
Company’s application instructions
Please apply through the link provided.