ACA Trainee – Financial Services

Job Title: ACA Trainee – Financial Services
Contract Type: Graduate
Location: London
Salary: Competitive + Benefits
Reference: NA
Contact Email:
Job Published: October 16, 2018 13:44

Job Description

Purpose and Aim of the Job  

• To begin to develop a knowledge of accounting and auditing techniques and show commitment to  
passing the professional examinations
• To begin to develop an understanding of the Financial Services sector, including insurance, funds and fund management and the associated accounting and auditing issues

Job Duties and Responsibilities  

• Undertake the work allocated by the assignment leader 
• Keep the assignment leader informed about progress at daily meetings  
• Ensure attendance at briefing meetings and understand the audit plan  
• Complete the work within the budget for each area
• Adopt high professional standards with a business-like approach to work  
• Develop a comprehensive working knowledge of double entry book keeping  
• Be able to obtain and document effective audit evidence, across various sections of the audit, including the following:
 Fixed assets (complete)  
 Investments 
 Bank (complete)  
 Understand & document accounting systems and complete systems testing 
 Profit and loss analysis – with attention to tax requirement  
• Develop a basic knowledge of current accounting standards 
• Develop a basic knowledge of the laws and regulations affecting FS clients including Lloyd’s/FCA regulations and client money rules
• Pass relevant professional examinations first time  
• Complete the required CII study exams 
• Be able to advise on basic accounting issues  
• Be aware of Institute and internal ethical guidelines  
• To accept responsibility for all work performed