Skill Details

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Skill Details

Skill Name

Skill Category

Is Accredited

NoYes

Is Apprenticeship

NoYes

Skill Overview

"Individuals in the role of a Professional accounting or tax technician will have responsibility for creating, and/or verifying and reviewing, accurate and timely financial information within the organisation in which they are employed or on behalf of another organisation. This will be performed in order to meet relevant ethical, professional and legal standards, and will utilise the individual’s knowledge of the business systems and processes, as well as standard accounting and tax practices. This role may exist in an accounting practice, a professional services company, HMRC or the accounting function of a business or other organisation.

Examples of roles as a Professional accounting or tax technician include, but are not limited to, Assistant auditor, Assistant management accountant, Assistant financial accountant, Accounts payable and expenses supervisor, Commercial analyst, Payroll manager, Senior bookkeeper, Senior financial officer, Tax investigations officer, Personal tax assistant and Business tax assistant."

Learning Objectives

Duties of the job role covered as part of the Apprenticeship:
Duty 1: Assist with preparation of monthly and year end reporting of accounts, budgets, financial statements, and audit requirements. This will include the timely collation of data from a range of sources, such as different functions within one organisation, or a range of external clients if operating in a practice. This includes both foreseeable finance and accounting data requirements and unexpected requirements.																																
Duty 2: Assist in maintaining financial and accounting records including the timely collation of data from a range of sources. For example, different functions within one organisation, or a range of external clients if operating in practice. This includes both foreseeable requirements and unexpected requests, often to tight timescales																																
Duty 3: Apply professional scepticism when carrying out duties to prevent and detect fraud and error, and assisting in monitoring financial transactions to safeguard against suspicious activities for example anti-money laundering. Reporting matters of concern to the appropriate representative (MLRO or NCA).																																
Duty 4: Assist with the compilation, completion and submitting tax returns.																																
Duty 5: Running or supporting the management of payroll and company expenses.																																
Duty 6: Preparing and checking ledger balances, arranging invoice payments and general financial administration.																																
Duty7: Preparing and checking ledger balances, recording receipts and general financial administration.																																
Duty 8: Preparation of control accounts, For example, bank reconciliations, receivables and payables ledger control accounts, VAT, wages and PAYE control accounts																																
Duty 9: Deliver financial and accounting information and data to stakeholders to ensure that key messages are communicated.																																
Duty 10: Assist in the maintenance and use of digital systems by using software applications and packages to support the delivery of accurate and timely financial and accounting information.																																
Duty 11: Use digital systems safely to ensure that the cyber security of the organisation is not compromised, and data handling legislative requirements are met.																																
Duty 12: Undertake Continuous Professional Development by keeping up to date with relevant statutory obligations and procedural best practice.																																
Duty 13: Liaise and collaborate with managerial staff and colleagues both internally and/or externally at appropriate levels with a view to deliver a service that meets customer’s needs with a commitment to professional and ethical standards, for example, professional code of conduct and duty of confidentiality as appropriate.																																
Duty 14: Apply professional ethical standards to their own behaviour and appropriately challenge the actions of others where they do not meet these standards.

Funding Option

Funding Eligibility

For apprentices aged 16-21 the training costs are fully funded by the government. For apprentices aged over 21, there is a 5% co-investment which would be paid by the employer. Alternatively, the training costs can be covered by utilising the Apprenticeship Levy Fund.

Skill Price ex VAT (£)

Skill Length

Skill Level

Skill Timings

Delivery Method

Skill Eligibility (Prerequisites for skill/software requirements)

Applicant must be eligible for ESFA funding and in a job role where the duties in learning objectives can be undertaken as part of normal day to day activities
Must have completed Level 3 Accounting.

Last Application Date

Skill Enrolment

Skill Status

Skill Details

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