Management Accountant Apprentice (Royal College of Physicians)

Management Accountant Apprentice (Royal College of Physicians)

Full-Time 27962 - 27962 £ / year (est.) No working from home possible
Government jobs, apprenticeship

At a Glance

  • Tasks: Support Finance Business Partners with financial transactions and reporting.
  • Company: Join the Royal College of Physicians, a prestigious organisation in healthcare.
  • Benefits: Earn £27,962 a year while gaining valuable accountancy training.
  • Other info: Work in a dynamic environment with opportunities for growth and learning.
  • Why this job: Kickstart your finance career with hands-on experience and professional development.
  • Qualifications: GCSEs in Maths and English, plus AAT Level 3.

The predicted salary is between 27962 - 27962 £ per year.

On a daily/weekly basis provide prompt and accurate transactional support to the Finance Business Partners—coding of invoices, finance system journals, recharges, accruals/prepayments—acting on their instructions or those of their budget holders.

Wage: £27,962 a year

Training course: Accountancy or taxation professional (level 7)

Hours: Monday - Friday, 9.00am - 5.00pm; 35 hours a week

Start date: Monday 8 June 2026

Duration: 3 years

Positions available: 1

What you’ll do at work:

  • With direction from the Finance Business Partners assist in completing the monthly management accounts closing process, ensuring that accrual and prepayment journal entries are made as directed.
  • Be a source of knowledge on the structure of the Chart of Accounts and its relevance and applicability to the budget areas you work with.
  • Generate and prepare the monthly management accounts report and distribute the reports to budget holders ahead of the Finance Business Partners’ monthly meetings.
  • Generate and prepare the quarterly forecast template for Finance Business Partners and distribute to budget holders ahead of meetings.
  • Lead on the month end goods receipting process with budget holders and their teams, ensuring that all open purchase orders are appropriately dealt with.
  • Interrogate outstanding POs and work with budget holders to cancel POs that are not required and goods receipt as appropriate.
  • Work with budget holders and their teams to embed good practice in using the purchase order system and work closely with Finance Systems to make improvements to the system as required.
  • On a monthly basis check the payroll reports and send any coding error corrections to the Finance Systems team and HR; create and distribute monthly payroll reports to budget holders in the directorates supported.
  • Provide support to the Finance Business Partners in annual budget setting process.
  • Assist with Year-End duties and annual external audit.
  • Review the FBP central mailbox and deal with basic queries from budget holders and refer as appropriate other queries to the relevant Finance Business Partner.
  • Support the implementation of process improvement in order to gain efficiency and reduce cost.
  • Support Finance Business Partners in maintaining the accuracy of all financial and non-financial records.
  • Become a super user of the new budgeting and forecasting system and participate in the training of budget holders and their teams once it is rolled out.
  • Actively contribute to your own personal development, attend relevant meetings and undertake training as required; observe personal duty of care in relation to equipment and resources used in course of work.
  • Any other duties as may be reasonably expected and which are commensurate with the level of the post.
  • Adhere and comply with the provisions of the RCP’s health and safety policy, undertake all duties and responsibilities in compliance with the rules and regulations encompassing equal opportunities.
  • Contribute to the work of the Department and wider RCP activities.

Where you’ll work:

The Spine, 2 Paddington Village, Liverpool, L7 3FA

Training provider: BPP UNIVERSITY LIMITED

Training course: Accountancy or taxation professional (level 7)

Course contents:

  • Build trusted and sustainable relationships with individuals and organisations.
  • Consistently support individuals and collaborate to achieve results as part of a team.
  • Influence the impact of business decisions on relevant and affected communities based on an appreciation of different organisations and the environments in which they operate.
  • Communicate in a clear, articulate and appropriate manner.
  • Adapt communication to suit different situations, individuals or teams.
  • Identify ethical dilemmas, understand the implications and behave appropriately.
  • Understand their legal responsibilities, both within the letter and the spirit of the law, as well as be aware of the procedures for reporting concerns over potentially unethical activities.
  • Take ownership of allocated projects and effectively manage their own time and the time of others.
  • Demonstrate good project management skills to deliver high quality work within the appropriate timeline.
  • Act as a role model and motivate others to deliver results.
  • Evaluate information quickly and draw accurate conclusions.
  • Assess a problem from multiple angles to ensure all relevant issues are considered.
  • Gather the appropriate facts and evidence in order to make decisions effectively.

Training schedule:

This training schedule has not been finalised. Check with this employer if you’ll need to travel to a college or training location for this apprenticeship.

More training information:

BPP apprenticeship training programmes are delivered virtually by our fully qualified and industry-experienced training team. Using their expert knowledge, we’ve purposefully built our programmes around the real-world use of modern technology, so that the skills we create can be directly applied in the workplace. Throughout the apprenticeship learners receive coaching, help and guidance from a dedicated team who are there to ensure they get the most from their work experience.

Essential qualifications:

  • GCSE in Maths and English (grade C or above)
  • AAT (grade Level 3)

Desirable qualifications:

  • AAT (grade Level 4)

Skills:

  • Communication skills
  • Attention to detail
  • Excellent knowledge of Excel
  • Knowledge of eRequest
  • Managing own workload
  • Prioritising

Management Accountant Apprentice (Royal College of Physicians) employer: Government jobs, apprenticeship

The Royal College of Physicians offers a dynamic and supportive work environment for Management Accountant Apprentices, fostering professional growth through hands-on experience and comprehensive training. Located in the vibrant Paddington Village, Liverpool, employees benefit from a collaborative culture that prioritises personal development and encourages innovation, making it an ideal place for those seeking a meaningful career in finance.

Government jobs, apprenticeship

Contact Details:

Government jobs, apprenticeship Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Management Accountant Apprentice (Royal College of Physicians)

Tip Number 1

Network like a pro! Reach out to current or former employees at the Royal College of Physicians on LinkedIn. A friendly chat can give us insider info and maybe even a referral!

Tip Number 2

Prepare for the interview by practising common questions related to management accounting. We can role-play with friends or use online resources to get comfortable with our answers.

Tip Number 3

Show off our skills! Bring examples of how we've handled financial tasks in the past, like coding invoices or managing budgets. Real-life stories can make us stand out!

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, we can keep an eye on any updates or new opportunities that pop up.

We think you need these skills to ace Management Accountant Apprentice (Royal College of Physicians)

Transactional Support
Invoice Coding
Finance System Journals
Accruals and Prepayments
Chart of Accounts Knowledge
Monthly Management Accounts Preparation
Quarterly Forecasting

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Management Accountant Apprentice role. Highlight relevant skills like attention to detail and communication, and show how your experience aligns with the tasks mentioned in the job description.

Showcase Your Skills:Don’t just list your qualifications; demonstrate how you've used your skills in real situations. If you’ve worked with Excel or managed workloads before, share specific examples that illustrate your abilities.

Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon. This will help us quickly see why you’re a great fit for the role!

Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you don’t miss out on any important updates about your application.

How to prepare for a job interview at Government jobs, apprenticeship

Know Your Numbers

Brush up on your accounting basics, especially around accruals, prepayments, and the Chart of Accounts. Being able to discuss these topics confidently will show that you understand the core responsibilities of the role.

Showcase Your Communication Skills

Since you'll be working closely with Finance Business Partners and budget holders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated in past roles or during your studies.

Demonstrate Attention to Detail

Prepare to discuss situations where your attention to detail made a difference. Whether it’s catching an error in a report or ensuring accurate coding of invoices, having specific examples ready will highlight this crucial skill.

Ask Insightful Questions

At the end of the interview, have a few thoughtful questions prepared about the team dynamics or the budgeting process. This shows your genuine interest in the role and helps you assess if it's the right fit for you.