AAT Finance Assistant Apprentice Jack Morton Worldwide
Are you looking to build a long-term career in Accountancy? Then look no further! Start your career today with an AAT level 2 apprenticeship with Jack Morton Worldwide and Kaplan. You will be gaining valuable workplace experience including bank reconciliation.
This apprenticeship requires you to apply through the employer's website.
Apply nowClosing date: 26 Jun 2023
Apprenticeship summary
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Annual wage
£20,000.00
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Working week
Shifts to be confirmed between 9.30am to 5.30pm
Total hours per week: 35.00
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Expected duration
13 Months
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Possible start date
07 Jul 2023
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Date posted
27 Apr 2023
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Apprenticeship level
Intermediate
Level 2 (GCSE) -
Reference number
VAC1000157768
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Positions
1 available
What will the apprentice be doing?
Duties include:
Bank Reconciliation
- Update the banking receipts file and prepare a bank reconciliation
Project Funds Summary
- On a monthly basis prepare the project disbursement report that summarises delegate receipts and outstanding debtors
Purchase Orders
- Dealing with various queries relating to Purchase Requisitions and Orders while noting and resolving issues
Timesheets
- Reviewing the missing timesheet report and preparing a list of persons with missing timesheets and submitting list to Project team to action
Invoicing
- Raising PAF’s (Project Acceptance Forms)
- Raising of Sales Invoices on the cSAP system. All sales invoices must be checked by the Financial Controller prior to despatch. To facilitate this process, providing a copy of the PAF or Contract
- Agreed by the client or Client Purchase Order
- Provide Project Managers with copies of Sales Invoices on the same day of despatch to client
- Timely raising of pre bills
Costing Budgets
- Determining billable and non billable cSAP projects and maintaining contracts through cSAP
- Providing CCF (Contract Creation Form) and PE (Persuasive Evidence) documents for revenue reporting
- Prepare Project budget template using information from the PROCIM costing system
- Providing detailed job analysis along with COS and sales forecasts
- Assisting Project Accounting Manager, other finance team members & shared service centre when needed
- Reconciling costs from PROCIM (industry budgeting and costing software) to cSAP on a weekly basis and ensuring that the necessary adjustments are made within 24 hours of reconciliation
- Ensure that the Project Forecast Gross Margin & Gross Profit is not less than the Budgeted Gross Margin & Gross Profit
- Forecast potential revenue losses or gains
- Ensure that any potential cost overruns are communicated on a timely basis to the Project Owner, and in turn to the Project Accounting Manager for review
- Managing foreign exchange movements on budgets
Credit Control
- Assist in chasing delegates for outstanding settlement of invoices
Reconciling Projects
- Reconciling cSAP project costs to PROCIM Costing Worksheet; ensuring Final margin and profit is approved by Project Owner & Project Accounting Manager prior to revenue recognition on cSAP
- Other Adhoc Reports and Tasks when covering other members of the team
- Approval of Supplier’s Invoices within a timely and regular fashion - the majority of invoices should be cleared within 5 working days (including all tasks undertaken to resolve variances between invoices and purchase orders)
- The project accountant is accountable for late cost accruals which are recommended at completion and financial reconciliation of projects
What training will the apprentice take and what qualification will the apprentice get at the end?
Accounts/Finance Assistant Apprenticeship Level 2 - AAT
This apprenticeship is a perfect match for someone without any accountancy or bookkeeping knowledge. On this programme they will learn the building blocks of the modern accountant. Not only will they grasp the fundamentals of bookkeeping but we will help them develop those vital skills and behaviours to enable them to put their knowledge into action.
If you’re new to accountancy and finance, looking to change your career into accountancy or have previously worked in an accounts department this level is ideal for you. You don’t need any prior experience working in accounts to study AAT Level 2 Certificate in Accounting. There are no entry requirements, but you do need good maths, IT and English skills, and a willingness to learn.
You’ll learn a broad range of core accounting skills, including double-entry bookkeeping and basic costing as well as accountancy related business skills and personal skills. You must successfully complete the following:
- Introduction to Bookkeeping (ITBK)
- Principles of Bookkeeping Control (POBC)
- Principles of Costing (PCTN)
- Business Environment (BESY)
You will also be required to complete an End Point Assessment (EPA), which will include a synoptic assessment and interview with supporting portfolio.
Training will be provided by attending either face-to-face classroom based lessons or Live Online. An apprenticeship has to be relevant to the job you are undertaking and you must dedicate 20% of your time towards it.
What is the expected career progression after this apprenticeship?
- Finance career path in place so opportunity to progress
Requirements and prospects
Desired skills and personal qualities
Qualifications
GCSE or equivalent English (Grade 9/A*-6/B) Essential
Things to consider
About the employer
Employer
Jack Morton Worldwide
Address
Foundry Building 2 Smiths Square,
Hammersmith
W6 8AF
Training
Training provider
KAPLAN FINANCIAL LIMITED
Apprenticeship standard
Accounts or finance assistant
Level 2 (GCSE)
Employer's Application Instructions
To apply, you must register with GetMyFirstJob and then follow the instructions to complete your application.
This apprenticeship requires you to apply through the employer's website.
Apply nowClosing date: 26 Jun 2023