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Accounts / Finance Assistant Apprenticeship KARREK ACCOUTANTS LTD
This is a great opportunity to start to your career in Accountancy and will cover a range of accounting and bookkeeping functions, including assisting the existing payroll and VAT team members and getting involved in performing day to day bookkeeping transactions for clients, preparing payroll and drafting their VAT returns.
Closing date: 15 Aug 2022
Apprenticeship summary
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Annual wage
£8,754.20 to £17,290.00
£150.50 per week.
Wages explained
Apprentices are paid for their normal working hours and training that's part of their apprenticeship (usually one day per week).
Minimum Wage Rates -
Working week
Monday to Friday from 9.00am to 5.00pm.
Total hours per week: 35.0
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Expected duration
15 Months
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Possible start date
29 Aug 2022
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Date posted
19 Jul 2022
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Apprenticeship level
Intermediate
Level 2 (GCSE) -
Reference number
VAC1000067589
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Positions
1 available
What will the apprentice be doing?
A broad range of accounting and finance tasks will be undertaken providing experience across our activities. Tasks at some point would include:
- Data entry for the weekly and monthly client payrolls
- Processing purchase ledger invoices
- Supplier payments
- Reconciling supplier statements
- Maintaining supplier records
- Sales invoicing
- Credit control functions
- Maintaining customer records
- Processing company credit card statements
- Matching the bank feeds
- Month-end journals
- Understanding the various accounting software in use
General admin, including a lot of ad-hoc duties, assisting the owners and manager in both administration, finance and other duties, getting to really know the business, including and very importantly, client liaison. - Providing telephone support
What training will the apprentice take and what qualification will the apprentice get at the end?
You will undertake the “Accounts / Finance Assistant” Apprenticeship (an Intermediate Apprenticeship in Accounting), with full support from Accountancy Learning as part of their Apprenticeship Programme.
Assessment will be by an “End Point Assessment”, which will include the following two elements:
- A Structured Interview. This will consist of 10 questions asked by an AAT Independent Assessor. It will last 60 minutes and will be performed via the AAT on-line video portal. The questions will allowing you to display the knowledge and experience you have obtained over your apprenticeship. You will build a Portfolio of reflections and product evidence that will be used to support your answers to these 10 questions.
- An In-tray Test. This will be undertaken under exam conditions and will last 105 minutes. It will be based on what you have studied in your AAT Level 2 Certificate in Accounting.
Successful completion of the AAT (Level 2) Foundation Certificate in Accounting is a mandatory element of the Accounts / Finance Assistant Apprenticeship. Your Apprenticeship will therefore include formal studies towards this qualification. It is anticipated that your apprenticeship duration will be for 15 months, although earlier completion is possible, provided the duration exceeds one year and a week.
You will receive support from both the employer, and the training provider, to complete and achieve your Apprenticeship and will be given time to study during the week on a day release basis. As you are working towards a professional qualification, it is also expected that you will continue your studies outside of normal office hours.
As you learn more in both the office and in your studies your responsibilities, and the variety of tasks you undertake, are expected to increase.
NB: For those with relevant prior experience or qualifications, we would consider commencing training with the Level 3 Assistant Accountant Apprenticeship. The Assessment for this Level 3 will be by an “End Point Assessment” and will be graded “Pass” or “Distinction”. This will include two elements:
- A Professional Discussion. This will include a series of questions allowing you to to display the knowledge and experience you have obtained over your apprenticeship. You will build a Portfolio of reflections and product evidence that will be used for discussion points in the PD.
- A Synoptic Exam. This will include elements you have learnt throughout your studies of the individual AAT Units and this will contribute towards your end grade.
You will be prepared for both of these elements by undertaking studies for the AAT (Level 3) Advanced Diploma in Accounting, which will underpin both elements of the “end point assessment”.
What is the expected career progression after this apprenticeship?
We see this position as long term role for an ambitious candidate to start their career in the accountancy profession.
Requirements and prospects
Desired skills and personal qualities
Qualifications
A Level or equivalent Any (Grade A-C) Essential
About the employer
Employer
KARREK ACCOUTANTS LTD
Address
9 HILGROVE ROAD
NEWQUAY
TR7 2QY
Training
Training provider
ACCOUNTANCY LEARNING LTD
Contact
Victoria
Victoria@accountancylearning.ac.uk
01392 435 349
Apprenticeship standard
Accounts or finance assistant
Level 2 (GCSE)
Before you apply
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