Accounting Trainee

Accounting Trainee

Trainee 25000 - 32000 £ / year (est.) On-site
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At a Glance

  • Tasks: Assist with bookkeeping, VAT returns, and management accounts for diverse clients.
  • Company: Join Lubbock Fine, a leading accountancy firm in the heart of London.
  • Benefits: Enjoy competitive salary, flexible working hours, and a range of perks.
  • Other info: Be part of a supportive team with exciting social events and career progression.
  • Why this job: Kickstart your accounting career with hands-on experience and growth opportunities.
  • Qualifications: 2.1 degree or above and a passion for ACCA qualification.

The predicted salary is between 25000 - 32000 £ per year.

Lubbock Fine is a successful 22 Partner accountancy and tax advisory practice based in the City of London. We are also a founder member of the award-winning global network Russell Bedford International. Continuing our successful organic growth, we plan to expand our team to 200 professionals in 2025. The overarching strategy of the firm at the heart of our success is our vision to ‘redefine exceptional’. Now is a perfect time to join us to be part of that success and to help shape the future.

We have a diverse range of clients, both within the UK and around the world. Our specialist business desks look after clients in France, Portugal, India, the Middle East and Africa, we have a newly launched German desk and business operations in the Cayman Islands. Our Dubai office, established in 2006, was one of the first to register as auditors with the Dubai Financial Services Authority.

Our clients cover an array of sectors including property investment businesses, natural resources, and renewable energy firms, the media & entertainment sector, technology, FCA registered firms, charities and not-for-profit and large funds with up to £4bn in assets. With such a diverse client base our work is both challenging and gratifying and offers our people many opportunities to gain exposure to new industries, or to specialise.

We take CSR seriously and are a carbon neutral firm. We are heavily engaged in social mobility and charitable activities giving you the opportunity to give back. Employee wellbeing, flexibility and a quality working environment are at the core of the firm’s values. We have an extensive range of benefits. LF understands that everyone will have different long‑term personal goals. Consequently, each team member is able to develop a tailored development plan to help them reach their specific career goals. Some of our team members who moved into Industry are now our clients. After a period of time with the firm we offer sabbaticals and international secondments within the RBI network.

If you are looking to take your career path all the way to partnership, the path to achieving this will be completely transparent. LF operates a unique ‘Path-to-Partner’ training and mentoring programme, allowing you to progress from trainee, into management and then Partnership as fast as you are capable of doing so.

Our Business Services Team has around 35 staff, ranging from Trainee through to Partner. As a member of our Business Services Team, you will be reporting to Managers, Associate Directors and Partners, depending on the assignment.

We have an interesting and diverse client base ranging from SMEs, corporate entities, OMBs and funds. Working in the Business Services team, you will become an integral part of the clients’ teams as trusted adviser and first point of contact. The main services that we provide are year‑end accounts, VAT, cash flow and management accounts. As well as compliance, we help our clients fulfil their ambitious growth plans by providing projections. We have a varied client base operating in a number of different sectors including property, professional services, entertainment and hospitality, leisure, PR, IT and technology.

Start‑up companies are an interesting and rapidly growing section of our client base. In addition to assisting entrepreneurial businesses with the initial set‑up of their business, we help them with their ongoing financial planning as well as finding suitable finance and investors.

You will be working with a diverse range of SME’s and corporate clients across a variety of sectors. You will be involved in completing a range of bookkeeping, VAT returns, management accounts and statutory year‑end accounts with the team often acting as the first contact for all client queries. You will be in constant interaction with the team and working on larger assignments with experienced colleagues and managers. You will have the opportunity to further develop your accounting, financial and business inter‑personal skills, and build your career within the firm. You will get the chance to enjoy and participate in a wide range of firm social events and external networking.

We would love to hear from you if you have:

  • Degree result of 2.1 or above, ideally in a related subject
  • A passion to study for the ACCA professional qualification to include progressing through your exams, professional development courses and hands on experience
  • Excellent communication skills - both written and verbal
  • Ability to work under pressure
  • Adaptable and a “real team player”
  • Ability to work on own initiative
  • Excellent IT skills including a thorough knowledge of Excel along with a keen interest in developing knowledge of various accounting software packages.

What can we offer you in return?

  • A competitive salary and full range of benefits to include:
  • Smart Working with core hours from 10am to 4pm
  • Discretionary bonus scheme
  • Matched pension (either 4% or 5%)
  • Private medical insurance
  • Interest free season ticket loan
  • Enhanced maternity, paternity and parental leave packages
  • Flexible benefits: including healthcare assessments, cycle to work, childcare vouchers and health cash plan
  • Employee assistance programme
  • Fresh fruit and snacks in the office every week
  • Annual away day and Christmas party as well as numerous other socials
  • Annual wellbeing calendar with free seminars, handouts and lunch and learn sessions
  • A supporting working environment where development and progression are actively encouraged!

Accounting Trainee employer: Lubbock Fine

Lubbock Fine is an excellent employer, offering a dynamic work environment in the heart of London where innovation meets tradition. With a strong focus on professional development and a supportive culture, employees are encouraged to grow their skills while working on cutting-edge technology initiatives like the Inflo audit platform. The flexible benefits and commitment to employee well-being make it a rewarding place for those looking to make a meaningful impact in the Assurance sector.

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Contact Details:

Lubbock Fine Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Accounting Trainee

✨Tap into University Career Services

If you're a student or recent grad eyeing a trainee role in banking or financial services, your university career services are your secret weapon. They often have connections with firms, and can guide you to exclusive openings that aren't advertised widely, so make sure to get in touch!

✨Get Involved in Finance Societies

Joining finance-related societies or clubs at your university can seriously up your game. They often host networking events, guest speaker sessions, and workshops that can connect you directly with industry professionals and potential employers.

✨Show Your Passion Through Projects

Try working on finance-related projects or internships, even if they're unpaid. It shows your commitment and gives you something to discuss in interviews. Plus, if you've got a blog or a portfolio detailing your findings on market trends, that can really impress recruiters!

✨Use Our Website to Find Opportunities

We at StudySmarter recommend that you regularly check our website for trainee opportunities at leading companies like Lubbock Fine. They often post openings directly there, so don't miss out on the chance to apply and show what you've got!

We think you need these skills to ace Accounting Trainee

Bookkeeping
VAT Returns
Management Accounts
Statutory Year-End Accounts
Communication Skills
Ability to Work Under Pressure
Adaptability

Some tips for your application 🫡

Show your numbers!:In banking and financial services, we love a bit of quantification. Be sure to highlight any relevant coursework, grades, or projects that showcase your analytical skills. If you've tackled math-heavy subjects or have experience with financial modelling, let that shine on your CV!

Tailor your application to finance:Don't just copy and paste a generic cover letter; weave in your passion for finance and share any relevant experiences or internships, no matter how small. Writing about your motivations and learning potential in relation to the role will help us see you fit in at Lubbock Fine.

Certifications can set you apart:If you've got any finance-related certifications (think CFA Level 1, ACCA, or even online courses), make sure to include them! They show initiative and a commitment to your career in banking, which we really appreciate.

Proofread with a fine-tooth comb:In finance, attention to detail is crucial! Spam your application with typos or poor formatting, and we may flag you as 'not detail-oriented'. So, let’s double-check everything. A clear structure in your CV and cover letter will also help your application stand out. Remember, apply through our website!

How to prepare for a job interview at Lubbock Fine

✨Brush Up on Your Financial Knowledge

Make sure you’re comfortable with financial concepts and terminology. The interview may dive into areas like risk assessment or investment strategies, so revisiting some core principles and current trends in the banking sector will really help us stand out at Lubbock Fine.

✨Prepare for Case Studies

Expect to encounter case studies or hypothetical financial scenarios where you’ll need to demonstrate your analytical skills. Practising with examples can help us articulate our thought process clearly and show how we approach problem-solving specific to the banking and financial services sector.

✨Highlight Your Learning Agility

As a trainee, they’re looking for potential over experience. We should emphasise our willingness to learn and adapt. Be ready to discuss how we’ve taken on challenges in the past, showcasing our growth mindset and eagerness to dive into the banking world with both feet.

✨Showcase Your Interest in the Industry

Let your passion for banking shine through! Discuss any relevant coursework, internships, or even personal finance projects you’ve explored. This not only demonstrates our knowledge but also our genuine enthusiasm for a career in banking at Lubbock Fine.