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- Tasks: Support financial compliance and manage apprenticeship data with attention to detail.
- Company: Join Best Practice Network, a leading training company dedicated to transforming education for every child.
- Benefits: Enjoy 28 days holiday, healthcare plans, life insurance, and flexible benefits after probation.
- Why this job: Be part of a passionate team making a real impact in education while growing your skills.
- Qualifications: Strong numeracy, problem-solving skills, and proficiency in Microsoft Excel required.
- Other info: Inclusive workplace where everyone can thrive and reach their full potential.
The predicted salary is between 36000 - 60000 £ per year.
About Us: We at Best Practice Network share the belief that every child, regardless of their background, should benefit from an excellent education. To achieve that, we support and train the educational professionals who work alongside them to be the best they can be, so in turn, they can transform the lives of children and young people. We're a friendly, DfE accredited, Ofsted outstanding training company providing apprenticeships, professional development and the DfE's 'Golden Thread' (trainee teachers to school Executive Leaders). We are adaptable, collaborative, and genuinely value the work we do to support the education sector, as much as our trainees do. Our people are at the heart of our business and our passion and commitment to education is what drives us. As a result, we have seen incredible growth over the last few years both nationally and internationally. We aim to be an employer where everyone can be themselves, do their best in an inclusive working environment and where all colleagues can thrive and reach their full potential. We want to attract, develop and retain individuals with different experiences, backgrounds and perspectives.
About the Role: The Finance Compliance team assist in ensuring that all the financial transactions within the business as well as data submitted comply with the requirements of the organisations which fund the delivery of the associated programmes (e.g. DfE, Student Finance etc.), alongside collaborating with other internal departments to manage risks and financial implications.
- Apprenticeship ILR submission, reconciliation and error resolution.
- Support with apprenticeship data locks, employer changes and funding rule queries.
- Creation and assisting with compliance checks for new customers and sales ledger allocations.
- Raising apprenticeship co-investment invoices and assisting credit control ensuring these are paid.
- Analysing apprenticeship PDSAT report for risks.
- Managing processing and financial implications of learner withdrawals and breaks.
- Apprenticeship funding & general finance queries.
- Funding compliance for other government funded routes where applicable.
About You: You will have:
- Attention to detail
- Strong numeracy skills
- Problem solving ability
- Microsoft Excel proficiency (IF, LOOKUP, Pivots)
- Following policies & procedures
- Clear communication & teamwork skills
Our Benefits: 28 days holiday and get an extra day for each year you stay with us, up to max 33 days PLUS bank holidays. We pay for a Healthcare Plan once you've passed probation, which includes access to a private GP. From day 1, free life insurance covering up to x4 your salary. We'll both add money into your pension pot after 3 months. Get 25% off online learning resources for year 1 to GCSE with EdPlace. Choose what flexible benefits you want after you've passed probation - this could be buying extra holiday, dental, topping up your healthcare plan, bikes, gym membership, electric cars and give as you earn.
Finance Compliance Coordinator employer: Best Practice Network
Contact Detail:
Best Practice Network Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Compliance Coordinator
✨Tip Number 1
Familiarise yourself with the specific compliance requirements related to apprenticeship funding and financial transactions. Understanding the nuances of DfE regulations and how they impact financial operations will give you a significant edge during interviews.
✨Tip Number 2
Showcase your proficiency in Microsoft Excel by preparing examples of how you've used advanced functions like IF, LOOKUP, and Pivots in previous roles. Being able to discuss real-life applications of these skills can impress interviewers.
✨Tip Number 3
Demonstrate your attention to detail by preparing for potential case studies or scenarios that may be presented during the interview. Highlighting your problem-solving abilities in these situations can set you apart from other candidates.
✨Tip Number 4
Network with current or former employees of Best Practice Network on platforms like LinkedIn. Gaining insights into the company culture and expectations can help you tailor your approach and questions during the interview process.
We think you need these skills to ace Finance Compliance Coordinator
Some tips for your application 🫡
Understand the Company: Familiarise yourself with Best Practice Network's mission and values. Highlight your alignment with their commitment to education and how your background can contribute to their goals.
Tailor Your CV: Ensure your CV reflects relevant experience in finance compliance, data management, and teamwork. Use specific examples that demonstrate your attention to detail and problem-solving skills.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for education and your understanding of the role. Mention your proficiency in Microsoft Excel and how it will help you manage financial compliance effectively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise to make a strong impression.
How to prepare for a job interview at Best Practice Network
✨Showcase Your Attention to Detail
As a Finance Compliance Coordinator, attention to detail is crucial. Prepare examples from your past experiences where your meticulous nature helped avoid errors or improved processes. This will demonstrate your suitability for the role.
✨Demonstrate Your Numeracy Skills
Be ready to discuss your numeracy skills and how you've applied them in previous roles. You might even want to brush up on some basic financial concepts or calculations to show your confidence during the interview.
✨Familiarise Yourself with Compliance Regulations
Research the specific compliance regulations related to apprenticeship funding and other government routes. Being knowledgeable about these will not only impress your interviewers but also show your commitment to the role.
✨Prepare for Teamwork Questions
Since collaboration is key in this role, think of instances where you successfully worked as part of a team. Be prepared to discuss how you communicate effectively and resolve conflicts, as this will highlight your teamwork skills.
