Accounts Finance Assistant
The Level 2 Apprenticeship for an Accounts/Finance Assistant covers a role which is an integral part of the team responsible for maintaining an efficient and accurate finance function within a business. The Accounts/Finance Assistant is responsible for assisting the team of accountants with junior accounting duties. These can vary massively depending on the team structure and the size of the business. An Accounts/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/Finance Assistants can work in almost any sector.
Throughout the learning journey, Apprentices will learn and practice how to embrace change and add value to a team and business. They will also hone the key skill of how to produce high quality and accurate information.
The Skills Network offers individualised learning to each Apprentice and heavily involves the employer with all curriculum scoping to ensure progress is meaningful. Prior attainment is carefully considered from the starting point to ensure that time on programme is maximised and career progression is mapped into their journey through strong IAG.
We have the ability to individualise every Apprentice’s scheme of work to produce a bespoke delivery plan tailored around the individual’s needs by incorporating content from our e-learning catalogue, giving a more enhanced Apprenticeship and experience for the Apprentice.
In addition, the curriculum scoping exercise provides an opportunity to review prior learning and completed qualifications, with the aim of personalising Apprenticeships to support and enhance your business, and therefore your Apprentices’ progress and progression.
Individual employers may set any entry requirements, which may include the following:
It is desirable that candidates would have achieved a level 2 in Maths and English (equivalent to GCSE Grade C or above) prior to commencing their Apprenticeship training. Those Apprentices who are yet to achieve a level 2 in English and Maths will have the opportunity to complete these qualifications during their Apprenticeship. However, a level 2 must be achieved in these areas before they qualify for entry to their End Point Assessment (EPA).
During the duration of the Apprenticeship, your staff will develop a range of new knowledge, skills and behaviours which will add significant value to each Apprentice's overall learning, progress and development. These will include:
- Aware of elements of commercial law that may have an impact when working in accountancy, such as contracts, data protection or Anti-Money Laundering (AML)
- Understand transactional processes of accounting and their use within a finance function
- Aware of basic accountancy concepts and double entry bookkeeping.
- The ability to reconcile data to minimise the chance of errors
- Utilises relevant office/accounting software packages to input and manage data accurately
- Ability to maintain the security of accounting information using passwords and other appropriate security measures.
- Embracing change
- PTeam working and collaboration.
The benefits of this level 2 Apprenticeship include:
Once your employees have completed this Apprenticeship, they could progress on to the following:
Professional Accounting / Taxation Technician
For further guidance/information on funding an Apprenticeship, please click here