At a Glance
- Tasks: Assist in financial processes, manage debtor payments, and support salary overpayment administration.
- Company: Join a supportive team within a reputable Trust focused on financial services.
- Benefits: Gain valuable experience, develop skills, and enjoy a collaborative work environment.
- Other info: Perfect opportunity for high school and college students looking to grow in the financial sector.
- Why this job: Kickstart your career in finance while making a real impact on the organisation's financial health.
- Qualifications: No prior experience required; just a willingness to learn and a keen eye for detail.
The predicted salary is between 36000 - 44000 £ per year.
- Advanced Apprentice - Financial Services (Cash & Salary Overpayments)
- Cash & Debtors - To assist the Debtors Officer in the production, calculation and collection of debtor payments following the procedures/guidelines within the agreed timescales.
Liaise with SBS collections team with issues regarding collection of the debt.
Deal with enquiries and correspondence promptly and courteously.
- To input daily cash takings for the Trust catering departments, highlighting any errors or discrepancies and working with the Cash and Debtors Manager and the catering department to resolve.
- Credit card expenditure reconciles the expenditure requests forms against the monthly statement, ensuring all information is complete and accurate.
- Car parking takings input daily car park takings by date, site and machine ensuring that the information matches the machine audit reports and then entering the information into the Trust finance system and checking the information input by the cashiers.
- Card Income for Trust analyzes income from bank statements that has been taken from the various card machines in the Trust and ensure it reconciles to the income and charges that are reported on the monthly World Pay invoices.
- The post holder will be required to input and manipulate financial data into the finance computerised system / database and be able to use, create and update spread sheets accurately, and create reports as required.
- To assist the Accounts Receivable Team in reducing the no. of outstanding debtor invoices, by checking different computerised reports to support SBS and the team Salary Overpayments
- Support the administration of the salary overpayments process.
- Record and reconcile the monthly charges incurred by the Trust for the use of External Debt Recovery services helping to check accuracy and identify any discrepancies.
- Support the preparation of monthly divisional reports relating to all salary overpayments.
- Monitor and help track invoices paid each month in relation to salary overpayments and debt recovery activity, escalating any issues as appropriate.
- Assist in producing regular management information and reports, under supervision, to support monitoring of recovery performance.
- Maintain accurate and organised records, ensuring all documentation is filed correctly and supports a clear audit trail.
- Support the review of outstanding overpayment balances and aged debt, highlighting items that may require further action.
- Contribute to improving processes by identifying opportunities to enhance reporting, reconciliation, and record keeping.
- Liaise with internal and external teams and elevate queries where needed.
- Handle sensitive employee information in a confidential manner, in line with Trust policies and data protection requirements.
- General -To use the finance computerised systems and be able to interrogate and reconcile, and balancing various control codes / accounts.
Support the reconciliation of interfaces from other systems both financial and non-financial into the financial system and provide auditable reconciliation of the feeds.
- Post holder will work within set routines and procedures with supervision and advice will be available as required working within the SFIs and Scheme of Delegations, as well as national and local guidance.
- To assist in reviewing and updating all procedures relating to the duties of this post when appropriate.
- To assist the Financial Services team in all aspects of its day to day duties to ensure deadlines are achieved.
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Advanced Apprentice - Financial Services (Cash & Salary Overpayments) in Worcester employer: Allscreens Nationwide Ltd
Allscreens Nationwide is an exceptional employer, offering a supportive team culture where employees are valued and encouraged to thrive. With access to state-of-the-art training facilities and opportunities for career progression, our Automotive Glazing Technicians in Birmingham can expect not only competitive bonuses but also the chance to work with the latest technology in the industry. Join us and be part of a company that prioritises both employee well-being and customer satisfaction.
StudySmarter Expert Advice🤫
We think this is how you could land Advanced Apprentice - Financial Services (Cash & Salary Overpayments) in Worcester
✨Get Involved with Campus Recruitment Events
Apprenticeships in banking and financial services often come through campus recruitment days. Keep an eye out for events hosted by your university or local banks, as these can be golden opportunities for us to meet recruiters face-to-face and make a great first impression.
✨Engage with Professional Bodies
Join organisations like the Institute of Chartered Accountants or the Chartered Institute of Banking. These memberships can provide valuable resources and networking opportunities, plus, they often have dedicated sections for apprenticeships and early-career roles that can point us in the right direction.
✨Follow the Right Companies on Social Media
Banks and financial services firms love to share their stories on social media! Follow companies like Allscreens Nationwide Ltd to keep up with their latest apprenticeship opportunities and insider news. Engaging with their posts could give us an edge when it comes to the application.
✨Utilise Your University’s Career Service
Your university's career service is a treasure trove of information for apprenticeships in banking. They often have connections to employers like Allscreens Nationwide Ltd, so don't hesitate to tap into their resources and advice!
We think you need these skills to ace Advanced Apprentice - Financial Services (Cash & Salary Overpayments) in Worcester
Some tips for your application 🫡
Show Off Your Maths Skills:In the banking and financial services sector, being good with numbers is a must! Make sure to highlight any relevant maths qualifications or experience in your application, as well as any projects or coursework that demonstrate your analytical skills.
Emphasise Your Willingness to Learn:As this is an apprenticeship, companies like Allscreens Nationwide Ltd want to see your enthusiasm for the industry and your eagerness to learn. In your cover letter, chat about why you’re interested in banking and any specific areas you’re excited to explore. Show them that you’re ready to soak up knowledge like a sponge!
Highlight Relevant Experience (Even If It's Limited):Whether it's a part-time job, volunteer experience, or even a school project, mention any relevant experience related to banking or finance. This could include customer service roles or any projects where you handled budgeting. We’re all about showing how you can apply your skills, even if they’re from unconventional backgrounds.
Tailor Your CV for Impact:Make sure your CV isn’t just a list of duties. Tailor it to reflect skills that appeal to financial services, like attention to detail and communication skills. Don’t forget to keep it clear and concise, showing how you’re a perfect fit for the apprenticeship at Allscreens Nationwide Ltd!
How to prepare for a job interview at Allscreens Nationwide Ltd
✨Brush Up on Financial Principles
Since you're diving into the banking and financial sector with an apprenticeship, it’s crucial to familiarise yourself with key concepts like interest rates, investment strategies, and basic financial accounting. Make sure you can share your understanding of these principles during the interview, as they'll likely pop up in practical scenarios.
✨Be Ready for Scenario-Based Questions
In the world of banking, interviewers love to throw real-world scenarios at you. Prepare for questions that ask how you'd handle customer inquiries or solve financial challenges. Practising these types of situational responses can really showcase your problem-solving skills and customer service abilities, both of which are essential in this field.
✨Show Your Eagerness to Learn
As an apprenticeship candidate, what's going to set you apart is your motivation to learn and grow in the role. Be sure to express your excitement about entering the banking world and highlight any steps you've already taken to educate yourself, whether through courses, workshops, or relevant hobbies.
✨Prepare Your Questions About Company Culture
When interviewing with Allscreens Nationwide Ltd, don’t shy away from asking about their company culture and training programmes for apprentices. This shows that you're not only focused on the role but also interested in how you'll fit within the team, which is a major factor for your future success in the apprenticeship.
