Trainee Practice Accountant

IGD Accounting Services Ltd; London; On-site; GBP 22,000 - 28,000; Full time

Job summary

A small accounting practice in London seeks a Trainee Practice Accountant. This full-time role offers a comprehensive training program, exposure to diverse client needs, and the opportunity to develop key accounting skills in a supportive environment. Ideal for ambitious individuals aiming for a professional accounting career.

Qualifications

• Minimum 2:2 degree in relevant field.
• Strong analytical and numerical skills.
• Proficiency in Microsoft Excel.

Responsibilities

• Assist account managers with portfolio of clients.
• Preparation of financial statements and tax returns.
• Interact with clients for routine inquiries.

Skills

Analytical skills

Numerical skills

Time management

Communication

Attention to detail

Education

Bachelor's degree in accounting, finance or related field

Tools

Microsoft Excel

Job description

Who are IGD and what are we looking for:

We are a small, dynamic accounts practice based in West Wickham, just off the high street, with access to public transport and residential parking. We pride ourselves on providing a personal service to a variety of clients while keeping up to date with current accounting policies.

Job Overview:

As a Trainee Practice Accountant, you will assist account managers and the office manager in providing a wide range of accounting and financial services to our clients. This position is designed to offer on-the-job training along with a study package, allowing you to learn the fundamentals of accounting, taxation, and financial reporting within a dynamic and supportive team environment. The role involves liaising with clients, so strong English communication skills are essential. You will be based full time at our offices.

Key Responsibilities:

Assist account managers with the practice wide portfolio of clients; Preparation of statutory financial statements from source records and trial balance for limited Companies, LLP’s, partnerships and sole traders applying FRS 102 (1A) and FRS 105 where required; Preparation of corporate and personal tax returns; VAT return preparation; Assist the office manager with client compliance; Interact with clients and assist with routine financial inquiries and provide general support; Prepare formal correspondence to various parties including clients, HMRC and Companies House; Gain proficiency in using accounting software and financial tools to record and process data; Collaborate with other team members, including senior accountants and director, to complete client projects efficiently; Pursue relevant professional qualifications; Keep time cost records for client billing; Maintain the confidentiality of client financial information and adhere to ethical and legal standards; Ad hoc work as required;

Experience and attributes:

A minimum 2:2 bachelor's degree in accounting, finance, or a related field; Strong analytical and numerical skills and attention to detail; Proficiency in Microsoft Excel and other office software; Proactive approach to work prioritisation and time management; Effective communicator, both verbal and written; A desire to pursue a career in accounting and obtain relevant professional certification;

This job specification for a Trainee Practice Accountant is a starting point for a career in accounting within a professional practice. It offers an opportunity for individuals to learn and develop the skills necessary to become a successful accountant while contributing to the success of the accounting firm and its clients.