Trainee Chartered Accountant Job Application
Our graduate scheme is designed to give you fast access to credible learning opportunities and the opportunity to gain fantastic work experience and achieve an internationally recognised professional qualification that allows you to work anywhere in the world.
The role will require attending both the internally and externally provided study courses and application of the knowledge gained in the accounting, audit and tax departments of the firm. Trainees will be required to prepare statutory accounts, complete statutory audits, prepare tax returns as well as provide other professional advice. Approximately 50% of the time will be at clients’ premises conducting audits on the statutory accounts. Our clients are typically small-medium owner managed businesses over a wide range of industries.
Trainees will study to become an ICAEW Chartered Accountant (ACA), typically requiring a minimum of three years practical work experience.
As well as being numerate, key skills required include being self-motivated, accurate, a good communicator, as well as being able to manage their work load so as to ensure an efficient and timely delivery of services to our clients.
Location: West Midlands with travel to clients based in the Midlands and some further afield
Number of positions available: 2 graduates per year
Salary: Competitive, plus paid study leave
All our trainee chartered accountants are initially trained in audit, and this usually continues for the entirety of the three years of the initial training contract. Graduate applicants will experience working at client premises for the majority of their time, initially assisting small teams in audit engagements.
By the second to third year trainees are able to take a more senior role in the audit process and by the end of their training contract should be heading certain audit assignments.
Audit is the process by which accountants examine and report upon the financial statements (accounts) of businesses. At the end of this process accountants state whether they believe that the financial statements have been “properly prepared” and show a “true and fair” view. What “properly prepared” and “true and fair” mean is not arbitrary, but is governed by statute and accounting standards. The process of forming audit judgements is also governed by audit standards. As a result, trainees are faced with vast amounts of material with which they need to be familiar in order to qualify as chartered accounts.
To cope with this, trainees will receive training whilst at work, but also be sent on courses at top accountancy colleges in Birmingham.
The courses used by BSN are block release (as opposed to correspondence) as statistically these courses give the best possible chance of success in exams set by the Institute of Chartered Accountants in England and Wales (ICAEW).
Trainees will work in a variety of business environments. BSN operates in the “Owner Managed Business” (OMB) sector, with no further client specialism in terms of industry sector. As a result, trainees will experience looking after the affairs of companies and also the owners of those companies. There will be exposure early on to basic tax planning ideas particular to the OMB market. Unlike working for large listed companies our remit is to look at clients’ affairs more widely in terms of tax efficient strategies for wealth extraction and management.
Our clients typically turn over £1m - £50m per annum. As a result individual assignments tend to last for one to two weeks, the key feature of the training with a smaller, independent sized practice like BSN is therefore diversity of experience both in terms of industry type and areas of audit testing. See an interesting article one of our directors wrote on the draw of an independent firm over a national firm: http://www.adlestropconsulting.com/independent_accountant
We expect our trainees to work hard, and commit themselves to their studies. For the successful and ambitious the rewards are excellent, we regard all our trainees as potential directors of tomorrow.
Applications are being welcomed from 1 October 2019 – 15 December 2019 for Autumn 2020 start dates. We are also able to offer summer internships and work placements.
Please apply by sending a covering letter and CV to email@example.com
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