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 |
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Length |
Sometimes 15 to 18 months |
Degree: |
3 |
Function Profile:
An Assistant Accountant supplies assist to inner and exterior prospects and can work predominately both as an assistant accountant inside apply or alternatively throughout the finance perform of an organisation. A part of their function will contain aiding within the daily monetary actions similar 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 aiding within the preparation of tax computations.
Entry Necessities:
Particular person employers set the choice standards, however that is more likely to embrace 5 GCSEs, together with Maths and English, though some employers will settle for different related {qualifications} and expertise, together with a related Degree 2 qualification. Apprentices with out English or Maths at Degree 2 should obtain this previous to taking the tip level evaluation.
Information |
What’s required? |
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Enterprise Consciousness |
Understands the transactional processes and assist supplied by accountancy companies or the accounting perform inside an organisation. Understands their organisations enterprise technique together with buyer and provider wants, with a view to produce related and compliant monetary info. Is conscious of how their function suits in with the broader organisation and sector they’re working in. |
IT Methods and Processes |
Understands how you can enter accounting transactions, carry out a reconciliation, right errors and produce a spread of experiences utilizing a computerised accounting system. Understands the techniques and strategy of the organisation, throughout the accountability of the place similar to Gross sales, Buy and Payroll. Understands the usage of 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 status 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 primary accounts preparation, so as to have the ability to make mandatory finish of yr changes. Understands what’s required to draft last accounts. Understands how you can account for the acquisition and disposal of non-current property. Understands the essential tax rules to use present rules to calculate VAT and submit a VAT return. |
Administration Accounting |
Understands how you can recognise and use totally different accounting approaches and is ready to collect, analyse and report details about revenue and expenditure to assist decision-making, planning and management. |
Abilities |
What’s required? |
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Evaluation |
Successfully information and analyses monetary information on the applicable degree utilizing the organisation’s commonplace instruments and processes. Communicates to all stakeholders to assist resolution making so as to add worth to the organisation, throughout the accountability 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 spread of instruments and demonstrating sturdy interpersonal abilities and cultural consciousness when coping with inner and exterior prospects. Demonstrates the flexibility to speak monetary info in a approach that non-finance employees can interpret and perceive. |
Produces High quality and Correct Data |
Persistently delivers prime quality, ‘proper first time’ monetary and efficiency information in a well timed style in step with the organisation’s necessities, to assist resolution making and planning. |
Makes use of Methods and Processes |
Demonstrates the flexibility to determine the suitable techniques and processes to work productively with a view to full 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 strategies to each frequent and non-routine issues, analysing the place required and deciding on the suitable instruments and strategies to supply options. Escalates or seeks steering and assist the place applicable. |
Behaviours |
What’s required? |
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Embracing Change |
Accepts altering priorities and dealing necessities readily and has the pliability to keep up excessive requirements in a altering setting. |
Including Worth |
Identifies alternatives to actively have interaction within the wider enterprise when applicable. Supplies info that positively contributes to influencing enterprise selections while frequently 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 improvement. Proactively takes accountability for finishing duties and assembly expectations. Persistently prioritises with a view to obtain well timed outcomes. |
Productiveness |
Organises work successfully and achieves required outcomes inside deadlines. Performs professionally in pressurised conditions and escalates appropriately when mandatory. |
Group working and Collaboration |
Persistently helps colleagues & collaborates to attain outcomes. Conscious of their function throughout the crew & their influence on others. |
Development:
In addition to guaranteeing full competency as an Assistant Accountant, this commonplace supplies the inspiration for development into quite a lot of profession paths within the Accounting sector together with Audit Trainee, Company Restoration Analyst, Credit score Controller or Tax Accountant.
Evaluation:
The apprenticeship might be reviewed after a most of three years.
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