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AAT Finance Apprentice

  • Royal Albert Hall
  • London, Greater London
  • £21750 per annum

Are you looking to build a long-term career in Accountancy? Then look no further! Start your career today with a level 3 with Royal Albert Hall and Kaplan. You will be dealing with invoices, payments, monthly reconciliation and payroll whilst working towards the AAT level 3 qualification.

Vacancy provider logo for Kaplan Financial

  • GMFJ Reference
    247297
  • Wages
    £21,750 p/a
  • Hours
    35.00 per week
  • Date Posted
    04/03/2024
  • Start Date
    07/05/2024
  • Approx. Duration
    18 months

  • Location
    London
  • Status
    Now Taking Applications
  • Sector
    Accountancy
  • Opportunity Type
    Advanced Level 3
  • Apprenticeship Standard
    Assistant accountant (ST0002)
  • Employer
    Royal Albert Hall

Description

Duties and Responsibilities:

Accounts Payable

  • Matching purchase orders against invoices.
  • Posting purchase invoices on the accounting system.
  • Query handling on invoices, payments and remittances.
  • Assist in weekly supplier payment run and staff expenses.
  • Perform monthly reconciliation of supplier statements and balance sheet ledgers.
  • Setting up new suppliers and managing the supplier database

Accounts Receivables & Banking

  • Posting sales invoices on the accounting system.
  • Query handling on invoices, receipts and the credit control function.
  • Setting up new customers and managing the customer database,
  • Post the End of Day sales & activity reports, daily posting of bank transactions.
  • Learn how to reconcile a bank statement and perform on a monthly basis.

Financial Accounting

  • Assist with commercial settlements for shows, hospitality and merchandising,
  • Account for fixed assets, depreciation, and disposals.
  • Assist the payroll manager with administration and understand the processes and controls in place to deliver 3 x payroll cycles.
  • Understand the complexities of VAT and assist with the quarterly return.
  • Assist with the Charity’s statutory reporting and the annual financial audit.
  • Understand the charities investments & loans, accounting for any interest payable and receivable.
  • Prepare balance sheet reconciliations for key assets and liabilities.

Financial Planning & Reporting

  • Assist the team preparing & presenting monthly management accounts for budget holders.
  • Prepare quarterly forecast information at departmental level.
  • Understand and help with the annual budgeting process.
  • Ad hoc financial analysis to assist decision making.
  • Help with other deliverables such as the bi-annual members payment run, gift aid claims, submissions for National Statistics

For more information about this vacancy please contact Kaplan Financial on kaplan.recruitment@kaplan.co.uk (Ref ID: 247297)

Company website : www.royalalberthall.com

  • Keen interest in finance and accounting.
  • Good level numeracy.
  • Able to analyse data and IT skills.

  • 3 A levels or equivalent at A* to C.
  • 9 to 4 in Maths and English at GCSE or equivalent.

Advanced Diploma - AAT Level 3

Advanced builds on the knowledge gained in the Foundation level. If you work in accounts or have studied accountancy before, you may be able to start at this level. You’ll learn complex accounting techniques, and master a number of accounting disciplines including financial processes, advanced bookkeeping, final accounts and ethical practices for accountants.

This level will encourage you to master more complex accounting principles in both Bookkeeping and Management Accounting. You’ll develop the technical skills to start, or progress, your career in accountancy and this will allow you to continue with your studies onto Level 4.

To pass this level you’ll need to study five units (also known as subjects), which are all mandatory. Four of the units are examined individually and there is also a synoptic assessment that you’ll take towards the end of the level, which incorporates the final two units as well as drawing on all of the other units you’ve studied at this level.

The area you will cover include:

  • Advanced Bookkeeping.

  • Final Accounts Preparation.

  • Management Accounting: Costing.

  • Indirect Tax.

  • Advanced Synoptic Assessment.

The Apprenticeship standard details the essential Knowledge, Skills and Behaviours that somebody would need to demonstrate to be a successful Assistant Accountant, this includes, Business Awareness, Ethics, Communication, Embracing Change and Problem Solving. Apprentices will need to show they are competent in all the areas detailed in the standard when they take End Point Assessment.

The Knowledge areas of the standard will typically be covered through completion of the AAT qualification. Skills and Behaviours are developed through workshops, e-learning, workplace training and practical experience provided ‘on-the-job’.

  • Positive.
  • Proactive.
  • Flexible.
  • Able to use initiative.
  • Team work.
  • Resilience and able to work under pressure.

You will be mentored and supported by an experienced team for you to progress successfully through your training, build the skills to develop for work in the finance sector. There will be 4 placements each lasting 6 months.

Potential for employment but cannot be guaranteed.

We fully recognise that our people are our greatest asset and play a role as active ambassadors for the Hall. In recognition of your commitment and in support of the work that you do, we want to share with You the portfolio of health, wellbeing and staff benefits that are available to you as a staff member.

Annual Leave

  • Entitlement is 25 days per year, with the opportunity to buy or sell up to five days holiday per calendar year.

Employee assistance programme

  • Care First offers support, information, expert advice and specialist counselling to help you when you need it.

Personal development

  • Development is really important to us and there are a variety of options available to staff at the Hall.

Cycle to work scheme

  • This allows you to obtain a new bike to use to ride to work. You can then repay it through your salary.

Family leave

  • We offer enhanced pay during maternity, paternity and shared parental leave.

Life assurance

  • This is 6 x your basic salary.

Interest free season ticket loan

  • We pay for the ticket and you repay the money out of your monthly salary

Pension

  • When you join us, subject to meeting our qualifying terms, we’ll automatically enrol you into our pension scheme. You will have the option to join our stakeholder pension scheme after 6 months service and successful completion of your probation at six months.

Employee discounts scheme

  • From groceries to wellness products, travel and more, with our employee discount scheme you can start saving more money right away, on things you’re

already buying using our Backstage portal.

Complimentary tickets

  • Following three months continuous service, you will be eligible to apply for complimentary tickets to performances within the auditorium at the Hall.

Staff canteen

  • Our canteen offers free hot and cold meals, including vegetarian options to staff whilst at work.

Wellbeing

  • We take the health and wellbeing of our staff at the Hall seriously. We have a dedicated Wellbeing Committee and Mental Health First Aiders. Well-being sessions are run throughout the year, some of the recent sessions run included Menopause and Emotional resilience training.

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If you are keen to get started in a career in accountancy, data, finance or IT, we can assure you that Kaplan’s Apprenticeship programmes will be a great choice.

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