Accountancy Trainee

Accountancy Trainee

London Full-Time 8000 - 14000 £ / month (est.) No home office possible
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At a Glance

  • Tasks: Join our team to manage financial reporting for diverse corporate clients and assist with IPO projects.
  • Company: FRP Advisory is a leading advisory firm in London, specialising in financial reporting and governance services.
  • Benefits: Enjoy full ACA study support, networking opportunities, and a vibrant open-plan office culture.
  • Why this job: Gain hands-on experience in accountancy while working alongside seasoned professionals in a supportive environment.
  • Qualifications: AAT Level 3 qualification and either a 2:1 degree or 12 months relevant experience required.
  • Other info: This role offers unique exposure to IPO processes and the chance to build valuable industry connections.

The predicted salary is between 8000 - 14000 £ per month.

Direct message the job poster from FRP Advisory

Talent Acquisition Specialist Early Careers at FRP Advisory

FRP Advisory have recently acquired One Advisory. This role will be initially working for One Advisory.

Overview of One Advisory

Established in 2006, we have grown to become one of the of the City’s leading advisory firms, providing comprehensive and cost-effective financial reporting and governance services to London’s Plcs. Our services cater to companies looking to IPO on the LSE (Main Market and AIM) and Aquis, as well as established Plcs, assisting with their financial reporting and governance needs. Our office is located at Temple Chambers in Blackfriars, London.

We are seeking bright and ambitious individuals to join our Financial Reporting & Transaction Advisory team, aiming for a career in accountancy and finance with a focus on the Plc environment, while studying towards their ACA qualification.

The ACA qualification will take three years to complete.

The role is aimed at either university graduates or school leavers with at least 12 months experience in an accountancy-based role and an AAT Level 3 qualification.

Our team

The Financial Reporting &Transaction Advisory team are experts in supporting the accounting and financial reporting needs of London’s Plc and companies seeking a listing in London. Our team comprises seasoned and experienced qualified market professionals, along with our regular intake of ACA trainees, creating the perfect environment for learning and growth.

The office is open plan, creating an environment that promotes questions and to learn from members of the team from all levels and experience.

About the role

You’ll join a supportive and forward-thinking environment, working on the day-to-day financial reporting requirements of a diverse portfolio of corporate clients and participating in IPO projects.

Upon joining, we’ll provide extensive training on the financial reporting requirements of a Plc. You will be allocated a portfolio of corporate clients and will be responsible for accurately recording bank transactions, sales, and purchase invoices, preparing and filing VAT returns, and preparing management account under the guidance of a senior team member.

Over time, you’ll start to manage your own workstreams and often oversee placement students as they develop. You will routinely work on IPO projects, such as assisting in the preparation of historical financial information for admission documents or prospectuses and liaising with company directors to document controls before their IPO. This experience sets this role apart from other ACA trainee contracts.

As you progress, you will work closely with experienced team members in preparing group financial statements for Plcs, including consolidation files for subsidiaries and annual reports adhering to IFRS requirements. You will also gain experience preparing simple financial statements under FRS 101, FRS 102 and FRS 105.

We have cultivated strong partnerships with leading advisors in the City, earning the trust of investment banks, auditors, nominated advisors and lawyers within the capital markets space. A key aspect of reinforcing these relationships is meeting with our peers. In this role, you’ll have the opportunity to attend networking events and socialise with individuals at your grade.

What is expected

  • Strong academic record
  • An expected or obtained 2:1 degree, or minimum 12 months of relevant experience, ideally with a Top 50 accountancy practice and AAT Level 3 qualification
  • GCSE grade 7 (A) or above in Maths and grade 6 (B) or above in English Language
  • Excellent verbal and written communication skills
  • Ability to multi-task and work to budgets
  • Flexible attitude when dealing with tight deadlines and critical points of a project
  • Strong time management skills to meet deadlines

Successful applicants must have the right to live and work in the UK.

Our selection process includes aptitude testing.

What we offer

Completing the exams on your journey towards a professional qualification is demanding and will require you to commit a significant amount of time and effort, which can often coincide with tight deadlines and long hours at critical points in your client portfolio. At One Advisory, we want to ensure that your effort and hard work is rewarded. We offer a range of benefits and full ACA study support, some of which become available once you have successfully passed your probationary period.

Seniority level

  • Seniority level

    Entry level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Accounting/Auditing

  • Industries

    Professional Services

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Accountancy Trainee employer: FRP Advisory

At One Advisory, part of FRP Advisory, we pride ourselves on being an excellent employer that fosters a supportive and dynamic work culture in the heart of London. Our commitment to employee growth is evident through comprehensive ACA study support and hands-on experience with diverse corporate clients, ensuring that our trainees not only develop their technical skills but also build valuable professional networks. With an open-plan office that encourages collaboration and learning from seasoned professionals, we provide a unique environment where ambitious individuals can thrive and make meaningful contributions to the financial reporting landscape.
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Contact Detail:

FRP Advisory Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Accountancy Trainee

✨Tip Number 1

Reach out directly to the job poster, as mentioned in the job description. A well-crafted direct message can help you stand out and show your enthusiasm for the role.

✨Tip Number 2

Familiarise yourself with the financial reporting requirements of Plc companies. This knowledge will not only impress during interviews but also demonstrate your commitment to the role.

✨Tip Number 3

Network with current employees or alumni from your university who work at FRP Advisory or similar firms. They can provide valuable insights and potentially refer you internally.

✨Tip Number 4

Attend relevant networking events or workshops related to accountancy and finance. Engaging with industry professionals can open doors and give you a better understanding of the field.

We think you need these skills to ace Accountancy Trainee

Strong Academic Record
Attention to Detail
Excellent Verbal and Written Communication Skills
Time Management Skills
Ability to Multi-task
Understanding of Financial Reporting
Knowledge of IFRS Standards
Proficiency in Accounting Software
Analytical Skills
Teamwork and Collaboration
Adaptability to Tight Deadlines
Basic Knowledge of VAT Regulations
Experience with Financial Statements Preparation
Networking Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Accountancy Trainee role. Emphasise any accountancy-based roles you've held, your AAT Level 3 qualification, and your academic achievements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for accountancy and finance. Mention why you are interested in working at One Advisory and how your background makes you a suitable candidate for the role.

Highlight Relevant Skills: In your application, focus on key skills mentioned in the job description, such as time management, communication skills, and the ability to work under pressure. Provide examples of how you've demonstrated these skills in past experiences.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in accountancy.

How to prepare for a job interview at FRP Advisory

✨Research the Company

Before your interview, take some time to learn about One Advisory and FRP Advisory. Understand their services, values, and recent developments in the financial reporting sector. This knowledge will help you tailor your answers and show genuine interest.

✨Prepare for Technical Questions

Given the role's focus on accountancy, be ready to answer technical questions related to financial reporting, VAT returns, and IFRS requirements. Brush up on your accounting principles and be prepared to discuss how they apply to real-world scenarios.

✨Showcase Your Communication Skills

Excellent verbal and written communication skills are crucial for this role. During the interview, practice articulating your thoughts clearly and concisely. You might also be asked to explain complex concepts, so demonstrate your ability to simplify information.

✨Demonstrate Your Time Management Abilities

The role requires strong time management skills, especially when dealing with tight deadlines. Be prepared to discuss examples from your past experiences where you successfully managed multiple tasks or projects simultaneously, highlighting your organisational skills.

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