Finance Apprentice CATERPILLAR FINANCIAL SERVICES (UK) LIMITED

The role will be based in our finance team, but you will also work with others across our organisation. You will be involved and at the heart of our business, participating on strategic projects and driving continuous improvement. You will have a mentor to support you throughout your professional development to help you with your qualifications.

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Closing date: 31 May 2023

Apprenticeship summary

  • Annual wage

    £10,158.72 to £20,048.08

    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, shifts to be confirmed.

    Total hours per week: 37

  • Expected duration

    15 Months

  • Possible start date

    04 Sep 2023

  • Date posted

    03 May 2023

  • Apprenticeship level

    Intermediate
    Level 2 (GCSE)

  • Reference number

    VAC1000160281

  • Positions

    1 available

What will the apprentice be doing?

Our Apprenticeship scheme gives you the opportunity to experience different aspects within the finance team with opportunities to engage with the wider business.

  • Working with the Regional Treasury Centre in Luxembourg.
  • Post business transactions, process invoices, verify financial data for use in maintaining accounts payable records.
  • Ensure the accuracy of an organization’s financial documents for payment, auditing, and tax purposes.
  • Protect businesses against unintentional overpayment
  • Participates in accomplishment of continuous improvement objectives for the department.  Progress toward accomplishment of these is measured through maintenance of necessary measurements and analysis of associated data.  Participates in the identification of problem areas and development of resolutions to address them.
  • Clarify any questionable invoice items, prices or receiving signatures.
  • Assemble and review invoices to be completed for payment.
  • Maintain copies of vouchers, invoices or correspondence necessary for files.
  • Obtain proper information and/or data regarding invoice payments.
  • Timely processing of New Business funding in bank and any other Ad-hoc priority payments.
  • Reconcile outstanding items on bank statements.
  • Monthly Intercompany Receipts and Payments processing.
  • Audit and Sox Compliance.
  • Daily/Weekly Treasury Requests – Cash and Banking.
  • Performing relevant Month End activities before and after period close.
  • Performing Timely completion of Factoring Requests.
  • Supporting the wider finance team.
  • Dealing with Ad-hoc queries.

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

Level 2 Accounting Assistant apprenticeship standard

Level 2 Foundation Certificate in accounting

You will attend Solihull College & University Centre (Solihull site) one day a week during your learning phase.

You will also be visited at your place of work by a business coach every 6 to 8 weeks to support you to build a portfolio of work-based evidence to meet the knowledge, skills and behaviours required. Once done, they will help you prepare for the AAT administered end point assessments, which include an in-tray test and structured interview.

What is the expected career progression after this apprenticeship?

Further support to higher level apprenticeships and a full time role within the company for the right candidate.

Requirements and prospects

Desired skills and personal qualities

Problem solving skills, Analytical skills, Detail oriented and organized, Computation skills, Leadership abilities, Written and oral communication

Qualifications

GCSE or equivalent English (Grade 4 (C) and above) Essential
GCSE or equivalent Maths (Grade 4 (C) and above) Essential

About the employer

Caterpillar Financial Services (UK) Limited was formed in 1992 and is located at Friars Gate in Solihull. We support Northern Europe (NEUR), South Africa and Treasury function. The company is part of the Financial Products Division (FPD) who in turn form part of CAT Inc. We deal with a variety of countries including UK, Ireland, Netherlands, Norway, South Africa, Switzerland, Belgium etc.

Employer

CATERPILLAR FINANCIAL SERVICES (UK) LIMITED

Address

Friars Gate 1011 Stratford Road Shirley

Solihull

B90 4BN

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Training

Training provider

SOLIHULL COLLEGE AND UNIVERSITY CENTRE

Contact

Paul Bates

apprenticeships@solihull.ac.uk

0121 678 7178

Apprenticeship standard

Accounts or finance assistant

Level 2 (GCSE)

Before you apply

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