Reference Quantity: ST0002
Particulars of ordinary
Occupation: Assistant Accountant
Typical job titles
Assistant Accountant / Trainee Accounting Technician / Accounts Clerk / Cashier Finance Assistant / Buy Ledger Clerk / Gross sales Ledger Clerk
Length
Usually 15 to 18 months
Stage
3
Function Profile:
An Assistant Accountant offers help to inside and exterior prospects and can work predominately both as an assistant accountant inside practise or alternatively throughout the finance perform of an organisation. A part of their function will contain helping within the each day monetary actions equivalent to information entry to month finish administration accounts and/or year-end monetary statements. As well as, the Assistant Accountant might discover themselves concerned in regulatory monetary necessities such because the completion of VAT returns or helping within the preparation of tax computations.
Entry Necessities:
Particular person employers set the choice standards, however that is more likely to embody 5 GCSEs, together with Maths and English, though some employers will settle for different related {qualifications} and expertise, together with a related Stage 2 qualification. Apprentices with out English or Maths at Stage 2 should obtain this previous to taking the end-point evaluation.
|
Data
|
What’s required?
|
|---|---|
|
Enterprise Consciousness
|
Understands the transactional processes and help offered by accountancy companies or the accounting perform inside an organisation. Understands their organisations enterprise technique together with buyer and provider wants, as a way to produce related and compliant monetary info. Is conscious of how their function matches in with the broader organisation and sector they’re working in.
|
|
IT Programs and Processes
|
Understands learn how to enter accounting transactions, carry out a reconciliation, appropriate errors and produce a variety of reviews utilizing a computerised accounting system. Understands the techniques and technique of the organisation, throughout the duty of the place equivalent to Gross sales, Buy and Payroll. Understands using all related workplace and accounting packages used inside their organisation, related to their job function.
|
|
Moral Requirements
|
Understands the related Moral Requirements to guard their very own and their organisations skilled repute and integrity. Understands the significance of upholding related codes of conduct.
|
|
Monetary Accounting and Reporting
|
Understands the essential components of double entry bookkeeping and accounting requirements required to course of monetary paperwork and report monetary info to customers of accounts. Understands the present monetary requirements for fundamental accounts preparation, so as to have the ability to make obligatory finish of 12 months changes. Understands what’s required to draft ultimate accounts. Understands learn how to account for the acquisition and disposal of non-current belongings. Understands the essential tax ideas to use present laws to calculate VAT and submit a VAT return.
|
|
Administration Accounting
|
Understands learn how to recognise and use completely different accounting approaches and is ready to collect, analyse and report details about revenue and expenditure to help decision-making, planning and management.
|
|
Expertise
|
What’s required?
|
|---|---|
|
Evaluation
|
Successfully information and analyses monetary information on the applicable degree utilizing the organisation’s normal instruments and processes. Communicates to all stakeholders to help choice making so as to add worth to the organisation, throughout the duty of the place.
|
|
Communication
|
Works each independently and as a part of a crew throughout the organisation’s requirements; competently demonstrates a capability to speak each in writing and orally in any respect ranges, utilizing a variety of instruments and demonstrating sturdy interpersonal expertise and cultural consciousness when coping with inside and exterior prospects. Demonstrates the power to speak monetary info in a approach that non-finance workers can interpret and perceive.
|
|
Produces High quality and Correct Data
|
Constantly delivers top quality, ‘proper first time’ monetary and efficiency information in a well timed trend according to the organisation’s necessities, to help choice making and planning.
|
|
Makes use of Programs and Processes
|
Demonstrates the power to establish the suitable techniques and processes to work productively as a way to full the required duties. Demonstrates competent use of workplace and accounting packages. In a position to keep the safety of accounting info utilizing passwords and backup routines.
|
|
Downside Fixing
|
Applies methods to each frequent and non-routine issues, analysing the place required and choosing the suitable instruments and methods to provide options. Escalates or seeks steering and help the place applicable.
|
|
Behaviours
|
What’s required?
|
|---|---|
|
Embracing Change
|
Accepts altering priorities and dealing necessities readily and has the flexibleness to keep up excessive requirements in a altering atmosphere.
|
|
Including Worth
|
Identifies alternatives to actively have interaction within the wider enterprise when applicable. Offers info that positively contributes to influencing enterprise selections while regularly striving to enhance personal working processes and people of the organisation.
|
|
Ethics and Integrity
|
Applies a clear and goal method in all actions and interactions to make sure that they meet the moral necessities of the occupation.
|
|
Private Accountability
|
Takes the initiative for personal private growth. Proactively takes duty for finishing duties and assembly expectations. Constantly prioritises as a way to obtain well timed outcomes.
|
|
Productiveness
|
Organises work successfully and achieves required outcomes inside deadlines. Performs professionally in pressurised conditions and escalates appropriately when obligatory.
|
|
Workforce working and Collaboration
|
Constantly helps colleagues & collaborates to attain outcomes. Conscious of their function throughout the crew & their impression on others.
|
Development:
In addition to guaranteeing full competency as an Assistant Accountant, this normal offers the inspiration for development into various profession paths within the Accounting sector together with Audit Trainee, Company Restoration Analyst, Credit score Controller or Tax Accountant.
Evaluate:
The apprenticeship shall be reviewed after a most of three years.
Crown copyright © 2022. It’s possible you’ll re-use this info (not together with logos) freed from cost in any format or medium, below the phrases of the Open Authorities Licence. Go to www.nationalarchives.gov.uk/doc/open-government-licence
