Accounts Apprentice – 23950 Per Annum

Type: Apprentice
Region: London

Please see below a summary of the sorts of tasks you could be expected to carry out in each team as an Accounts Apprentice at Pinsent Masons. Full training will be provided throughout your apprenticeship and no prior knowledge is required.

Accounts Payable

• Processing invoices, ensuring they are promptly logged and authorised
• Arranging cheques or BACS to suppliers for invoices due for payment
• Supporting the team with pending VAT and ensuring compliance with VAT regulations
• Maintaining supplier addresses and payment terms
• Posting disbursement costs onto the sales ledger
• Assisting with reconciliation of supplier statements and monthly reconciliations

Travel & Expenses

• Checking supplier invoices, uploading these to the purchase ledger system and arranging payment
• Checking online expense claims and ensuring they are approved in the line with the firm’s Travel & Expenses policy
• Supporting the team with VAT compliance
• Processing of payment schedules weekly and arranging BACS to suppliers or staff for invoices and expenses which are due for payment
• Reconciliation of vendor records and monthly reconciliations
• Filing and archiving of all vendor records and invoices

Revenue Control

• Following up and responding to time recording queries
• Running aged Work In Progress (WIP) balances report
• Reviewing Aged Work In Progress (WIP) balance reviews
• Running staff changes/leavers report and action as necessary

Billing

• Assisting with bill processing at the month end
• Ensuring that all bills are sent out as soon as possible after they have been processed
• Having an awareness of client terms particularly in relation to Billing, Reporting, Value Accounts

Cashiers

• Reconciling transactions from the firms office bank statement against the transactions posted to the cashbook.
• Identifying and allocating monies received into the firm’s office bank account against invoices on Aderant.
• Collating and checking information on remittance advices sent in by the client to allow us to allocate monies received into the firm’s office account against the invoices on the system.

Developing your skills

As well as contributing to high-quality work, we want you to have the best possible apprenticeship experience. So, throughout your programme, you can look forward to:

• On the job technical training delivered by experienced & supportive colleagues.
• A supervisor & apprenticeship mentor that will support you throughout the apprenticeship.
• Soft skills training, applicable to your apprenticeship and future roles.
• Networking opportunities at training sessions, webinars and firm social events.
• Four days a week in our offices, working with colleagues on live projects.
• A dedicated study day each week.
• High quality accountancy knowledge training delivered by our training provider partner, Damar Training. This typically includes business awareness, financial accounting, management accounting techniques and tax processes for business.
• Additional modules delivered by Damar that help apprentices learn and apply the knowledge, skills and behaviours required in this apprenticeship, e.g. effective teamwork & communication, IT skills, time management skills and more.

Company Benefits

• Join a global, innovative and forward-thinking firm.
• 25 days’ annual leave entitlement and the opportunity to purchase or roll over 5 days.
• Carers’ leave (up to five paid days’ leave towards caring responsibilities)
• Contributory pension of up to 5%.
• Private healthcare policy.
• Death in service cover (4 x base salary).
• Eligibility to apply for an interest free season ticket loan, an interest free gym membership loan and/or an interest free rental deposit loan.
• Cycle to work scheme.
• Access to training and development to refresh or enhance your current skillset.