This apprenticeship standard is being revised. The trailblazer group has not yet submitted a revised version for approval. Further details of this and other apprenticeship standards in revision are available in the revisions status report.
Maintaining an efficient and accurate finance function within a business.
Accounts or finance assistant
An Accounts or finance assistant is an integral part of the team responsible for maintaining an efficient and accurate finance function within a business. The Accounts or finance assistant is responsible for assisting the team of accountants with junior accounting duties. These can vary massively depending on the team structure and size of business. An Accounts or finance assistant’s work could include basic bookkeeping activities, working with sales and purchase ledgers, running calculations to ensure that records and payments are correct, recording of cash and data entry. Accounts or finance assistant can work in almost any sector. Potential employers include corporate businesses, sole traders, partnerships, Public sector, not-for-profit organisations and educational institutions. Accounts or finance assistant may work in-house for an organisation or they might work for an accountancy firm, bookkeeping practice, Shared Service provider, self-employed or on behalf of several different clients.
Individual employers will determine their own entry requirements.
All Accounts or finance assistant will demonstrate the following knowledge, skills and behaviours.
|Knowledge||What is required for occupational competence?|
|Understanding your organisation||
|Accounting systems and processes||
|Skills||What is required for occupational competence?|
|Attention to detail||
|Uses systems and processes||
|Behaviour||What is required for occupational competence?|
Typically, 12 to 14 months.
Apprentices will be required to take one of the professional qualifications listed below, as chosen by the employer to be most relevant to the job role:
On completion, the apprentice will be able to apply for the appropriate level of professional membership aligned with this apprenticeship, dependent on the qualification chosen. Professional body memberships that are relevant to the options for this apprenticeship are:
Neither AAT nor ACCA offer professional registration upon completion of this apprenticeship.
Apprentices without Level 1 English and maths will need to achieve this level and taken the test for level 2 prior to taking their end point assessment. For those with an education, health and care plan or a legacy statement, the apprenticeships English and maths minimum requirement is entry Level 3. British Sign Language qualifications are an alternative to English qualifications for whom this is their primary language
Three years from the date of the standard or when significant change is required.
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|Version||Change detail||Earliest start date||Latest start date||Latest end date|
|1.0||Approved for delivery||19/07/2019||Not set||Not set|