Group Finance Apprentice (35611) Renold PLC

This role will provide support to the other members of the Group Finance Team by assisting with a wide range of finance activities including transaction processing, data analysis, bookkeeping, financial controls, monthly/annual reporting.

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 30 Jun 2023

Apprenticeship summary

  • Annual wage


  • Working week

    9am-5pm Mon to Thurs and 9am-4pm Fri.

    Total hours per week: 36.5

  • Expected duration

    2 Years

  • Possible start date

    10 Jul 2023

  • Date posted

    11 Apr 2023

  • Apprenticeship level

    Level 2 (GCSE)

  • Reference number


  • Positions

    1 available

What will the apprentice be doing?

The following are examples of activities the role holder could get involved in. This is not an exhaustive list, and further ad hoc tasks should be expected. Similarly it is not necessarily expected that the individual will be involved in all the tasks listed.

• Assistance with gathering information for preparation of UK corporation tax returns
• Preparation of withholding tax relief forms
• Monitoring/tracking group tax compliance and ensuring all filings saved to central repository
• Liaising with overseas finance teams to collect and record statutory and management reporting submissions
• Review of basic financial data and the opportunity to analyse more complex information with experience
• Ad hoc analysis to support budget and strategic planning
• Support the accounting team to process banking payments, supplier invoices and supplier payment queries
• Assist senior members of the team with key financial review controls, such as revenue recording
• Collect and perform basic reviews of insurance renewal information
• Complete integrity and consistency checks of the group’s management and external accounts
• Helping to administrate the HMRC portal for all UK taxes
• Helping to administrate the group banking platform
• Assisting with new account set ups across all jurisdictions in which Renold operates
• General cash/liquidity management, for example monitoring daily cash and providing assistance with collating monthly cash forecasts prepared by regional accountants
• Assisting with ongoing bank account related compliance
• Assisting with drafting intragroup loan agreements, ongoing tracking/monitoring
• Providing assistance to group finance team in relation to interim and year end external audit
• Providing assistance to the group finance team in relation to the production of the annual report

How you will be supported:

  • Full training and support will be provided to help you achieve your apprenticeship and reach your full potential in your role

What will happen next:

New applicants to The Growth Company who meet any basic entry requirements of the role will be contacted within two working days to be invited to meet a member of our team. You will then have the opportunity to find out:

• More about this vacancy and any others you are suitable for
• Any training you need to complete
• What the next steps will be

What training will the apprentice take and what qualification will the apprentice get at the end?

  • Full apprenticeship training provided, working towards an Intermediate Level Apprenticeship gaining a Level 2 accounts or finance assistant qualification

What is the expected career progression after this apprenticeship?

  • Possible progression within the company and progression onto the next level apprenticeship

Requirements and prospects

Desired skills and personal qualities

Communication skills, IT skills, Attention to detail, Organisation skills, Number skills, Team working, Knowledge of Excel, A good work ethic, A willingness to learn


GCSE or equivalent English (Grade A*-C/9-4) Essential
GCSE or equivalent Maths (Grade A*-C/9-4) Essential
A Level or equivalent Any (Grade Pass) Desired
A Level or equivalent Maths (Grade Pass) Desired

About the employer

Renold has an unsurpassed reputation for innovation, design and manufacturing skill. Our ranges of industrial chain, gearboxes and couplings are specified for use in power transmission, lifting, conveying and processing applications around the world. Tackling thousands of demanding operating environments, Renold has a track record of success and innovation offering many unique products and services. With operations in almost 20 countries, and an international network of distribution partners, you can depend on Renold to provide specific solutions to customer's unique problems, with unrivalled local support. Whether you need the performance of the World's best transmission chain or customised drive systems using class-leading couplings and gearbox designs, Renold is the name you can trust for power transmission performance.


Renold PLC


Trident 2 Trident Business Park

Styal Road


M22 5XB

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Training provider


Apprenticeship standard

Accounts or finance assistant

Level 2 (GCSE)

Employer's Application Instructions

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 30 Jun 2023