Accounts or Finance Assistant - Apprenticeship Level 2 (T2000)

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• Overview

  The Accounts or Finance Assistant is responsible for assisting the team of accountants with junior accounting duties. These can vary massively depending on the team structure and size of business. An Accounts or Finance Assistant’s work could include basic bookkeeping activities, working with sales and purchase ledgers, running calculations to ensure that records and payments are correct, recording of cash and data entry. Accounts or finance assistant can work in almost any sector.

• What will I study?

  Understanding your organisation
  Be aware of the organisation’s needs and activities and their impact for accounting and finance.

  Accounting systems and processes
  Identify, collate and process financial and accounting data from primary sources such as business records.

  Attention to detail
  Examine financial and accounting data to identify issues with quality and reliability as instructed and in accordance with guidance.

  Correcting financial data errors
  Rectify errors in financial and accounting data, escalating problems beyond their remit as appropriate.

  Ensuring accurate financial records
  Reconcile transactional data to minimise the chance of errors in financial and accounting outputs such as sales and purchase invoices, sale and purchase orders, bank statements and payroll.

  Optimising efficiency
  Plan and review workloads with supervisor to ensure best use of time to complete allocated tasks efficiently.

  Professional communication
  Communicate with internal and external stakeholders using appropriate methods and professional language. Examples may include letters, ‘phone, face-to-face, e-mail, video call, online chat functions etc.

  Secure data management
  Use financial and accounting software packages to input and manage data safely and securely in line with organisational instructions.

  Team work
  Provide support to team members to help ensure that financial and accounting activities are carried out within expected timescales and quality expectations.

  Continuous learning
  Keep up to date with developments to enhance relevant skills and take responsibility for own professional development.

  You can also achieve your Level 2 AAT Certificate in Accounting*.

  *exam fees for commercial bookings and re-sits will be charged extra

• Where will I study?

  Your apprenticeship will be based with your employer and 1 day a week at Training 2000, Blackburn.

• Entry Requirements

  • A minimum of four GCSEs at Grade 4 or above, including maths and English are required OR experience working in an accounting environment.
  • All accounting apprentice applicants must complete an Accounting Assessment Day with our experienced accountancy team

• How will I be assessed?

  You will sit exams at various stages through your Apprenticeship:

  1. Introduction to bookkeeping
  2. Principles of bookkeeping controls
  3. Principles of costing

  At the end of your Apprenticeship you’ll go through an end-point assessment (EPA) and be graded a pass, merit or distinction based on a:

  1. Structured interview (supported by a portfolio of evidence summary)
  2. The business environment exam

• What can I do next?

  Level 3 Assistant Accountant

  Level 4 Diploma in Professional Accounting

  Level 7 qualifications with ACCA, CIMA or CIPFA

   

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