Accounts Finance Assistant

T his provides ideal entry-level training for young adults seeking to enter the Finance and Accounting Professions.

An AFA is an integral part of the team responsible for maintaining an efficient and accurate finance function within a business.  The role is predominantly responsible for assisting a team of Accountants with junior accounting duties. These can vary hugely depending on the team structure and size of business.

An AFA’s work will include basic bookkeeping activities, working with sales and purchase ledgers and running calculations to ensure that records and payments are correct.

Entry requirements

Applicants must have GCSEs in English and Maths at grade A*-C / levels 9-4 to be able to enrol on this programme.

 

Course content

The Accounts/Finance Assistant Apprenticeship standard details the knowledge, skills and behaviours (KSBs) expected of a competent Accounts/Finance Assistant.  These include:

Knowledge

Skills

Behaviours

  • General Business

  • Accounts systems & processes

  • Ethical standards

  • Understanding your Organisation

  • Basic Accounting

  • Attention to detail

  • Communication

  • Personal effectiveness

  • Using systems and processes

  • Personal development

  • Professionalism

  • Customer focus

  • Team working

 

Qualifications

As part of their Apprenticeship, candidates will complete a mandatory qualification: the AAT Foundation Certificate in Accounting.  Modules include:

  • Bookkeeping Transactions online exam 90 mins

  • Bookkeeping Controls

  • Elements of Costing

  • Using Accounting Software

  • Working Effectively in Finance

Each of the above modules is assessed through a 90-minute online exam.  These are followed by a 2-hour online scenario-based, synoptic exam that covers all 5 modules.  All exams are sat at Boom Training’s offices in Southampton.

English and maths

If an Apprentice doesn’t already have a level 2 qualification in English and Maths, they will also be required to complete Functional Skills qualifications in these subjects at Level 2 as part of the Apprenticeship.

 

Delivery

The programme typically takes around 15 months to complete.  In most cases (i.e. for new employees) it starts with a 10-week ‘Settling-in Period’.  This is rather like a probationary period during which the commitment and suitability of the candidate are assessed against a set of criteria set out by the employer at enrolment/induction.

 

Following this the training programme is delivered using a range of methods including:

  • Fortnightly workshops at Boom Training HQ in Southampton

  • Regular tutorials that are used to:

    • review and assess coursework and provide feedback

    • provide teaching and learning to cover knowledge requirements

    • plan future learning and set SMART targets

  • 5 workplace visits either face to face or remote via Zoom to cover formal progress reviews and observations

  • e-learning modules (through ‘MyAAT’)

  • subject-specific webinars (through MyAAT)

  • the development of an electronic portfolio of evidence using our e-portfolio system: Ecordia 

  • A final End Point Assessment (EPA) described below

 

At the start of the programme, the tutor will work with the Apprentice and the Employer to develop a Plan of Learning.  The plan will be designed to ensure that it meets the needs of the employer and the role of the Apprentice, as well as the assessment requirements of the standard.

End Point Assessment (EPA)

Once the candidate has completed their training programme and we all agree that all the elements have been completed and achieved, the candidate will undergo an ‘End Point Assessment’ (EPA). 

The EPA has two distinct assessment elements:

  • A structured interview (based on the candidate’s portfolio of evidence)

  • A 2 hour synoptic exam

Both assessment elements will be conducted and graded by an independent End Point Assessment Organisation (EPAO). The assessment elements can be taken in any order and will need to be passed after a minimum of 12 months of on-programme learning for the apprentice to be awarded the Apprenticeship certificate.  

There is no need to pass one component before moving to another.


Progression options

The primary choice for Apprentices completing the AFA Apprenticeship is to progress to the level 3 Assistant Accountant Apprenticeship.  This programme offers a seamless progression opportunity for those completing this course.  If this is not the preferred choice, there are many other options for further study at level 3.

Tutors will discuss career and progression options with apprentices and employers throughout the apprenticeships and especially as apprentices near completion.
 
 

CONTACT

ADDRESS

Chalkwell Park Drive Leigh On Sea Essex SS9 1NH

Telephone 01702 714 519 

email cv@gatewaytrainingconsortium.co.uk

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