At a Glance
- Tasks: Support the Finance Team with accounting and administrative tasks while learning on the job.
- Company: Join a dynamic college environment focused on student success and financial integrity.
- Benefits: Gain valuable experience, earn while you learn, and work towards an AAT qualification.
- Other info: Collaborative team atmosphere with potential for growth and learning.
- Why this job: Kickstart your finance career with hands-on experience and professional development opportunities.
- Qualifications: 5 GCSEs at grade 5 or above, including Maths and English; willingness to pursue AAT.
The predicted salary is between 18000 - 25000 £ per year.
To help ensure the Finance Team operates efficiently within the College’s Financial Regulations and Procedures, and meet all relevant audit and information requirements.
Key Responsibilities
- To help provide comprehensive accounting and administrative support to the Finance Team.
- To assist in the matching of purchase orders, processing accounts payable invoices, payments and queries, including credit/purchase card transactions.
- To assist in the processing of accounts receivable invoices, receipts allocation and credit control.
- To assist in the preparation of Bursary payments to students and other ad hoc payments.
- To assist in the processing of student direct debit instalments, and the subsequent update of EBS records, including payments received from the Student Loan Company and employer sponsors reconciliation to the finance system, investigating and correcting any discrepancies.
- To assist in effective Treasury Management by helping process college cash allocation and assisting with bank reconciliations.
- To provide assistance in payroll payment processing and control account reconciliations.
- To assist in balance sheet control account reconciliations and analysis.
- To assist in the accurate and timely recording and processing of general ledger transactions such as accruals, prepayments, deferrals, recharges etc.
- To assist in monitoring and recording of stock movements.
- To assist in the production and development of budget holder reporting ensuring timeliness, relevancy and accuracy.
- To assist in the maintenance and development of financial systems, controls, procedures and audit checks as required.
- To provide advice and guidance to all College staff on issues such as financial procedures and budget holder responsibilities and queries.
- To assist in the provision of a finance function to support other College activities e.g. enrolment.
- To ensure that all transactions comply with the College’s Financial Regulations, and are appropriately authorised in line with College procedures and audit requirements.
- To perform other duties within the Finance function as requested.
Skills, Knowledge and Expertise
Qualifications
Essential Criteria
- 5 GCSE’s grade 5 or above including Maths and English or equivalent.
- Willing to work towards AAT apprenticeship framework.
IT Skills
Essential Criteria
- Intermediate use of Microsoft applications particularly Excel, Word and Outlook.
Desirable Criteria
- Use of Accounting software and other databases.
Finance Apprentice in Middleton employer: Hopwood Hall
Hopwood Hall is an excellent employer, offering a dynamic work environment in Middleton where creativity and innovation thrive. As a part-time Immersive Learning Content Designer, you will benefit from a supportive culture that prioritises professional development and collaboration, while contributing to cutting-edge educational projects that enhance learning experiences. With a focus on employee growth and the integration of advanced technologies, this role provides a unique opportunity to make a meaningful impact in the field of digital education.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Apprentice in Middleton
✨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 Hopwood Hall 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 Hopwood Hall, so don't hesitate to tap into their resources and advice!
We think you need these skills to ace Finance Apprentice in Middleton
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 Hopwood Hall 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 Hopwood Hall!
How to prepare for a job interview at Hopwood Hall
✨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 Hopwood Hall, 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.
