Level 2 Accounts or Finance Assistant Apprenticeship
Looking to build a strong foundation for your finance team? This apprenticeship will equip your employees with the fundamental principles necessary to perform junior accounting duties.
The apprenticeship is suitable for new recruits and existing staff who work within the accounts or finance department of a company, in the public sector or within a firm of accountants providing services to a range of clients.
Overview of the level 2 accounting apprenticeship
This apprenticeship is desiged individuals who are new to accounting and finance.
- Level: 2
- Length: 16 months
- Modules: 5 + 4 AAT knowledge units
- Exams: 4
- EPA organisation: AAT.
- Identify, collate and process financial and accounting data from primary sources
- Examine financial and accounting data to identify issues with quality and reliability
- Reconcile transactional data to minimise the chance of errors in financial and accounting outputs
- Provide support to team members to help ensure that financial and accounting activities are carried out within expected timescales and quality expectations.
How the apprenticeship works
Planning
The apprentice will undertake an initial assessment, where they will have a review of their starting point and areas for development using our Profiler tool. The apprentice will also attend a launch visit to ensure that everything is in place and that they have a clear understanding of the journey ahead.
On programme
The apprenticeship entails modules and AAT knowledge units, which involve face-to-face online coaching visits with a dedicated Damar coach, group coaching sessions, expert-led workshops and independent learning activities. The modules and AAT knowledge units are outlined below:
For more information on wider learning and the support available, please see our main accounting apprenticeships page.
End-point assessment
After the apprentice’s gateway meeting with their Damar coach and line manager, the end-point assessment will be conducted by AAT, and will consist of a structured interview and synoptic exam.
Damar's free recruitment service
If you’re unsure where to start when it comes to recruitment, Damar is here to help. We offer a free recruitment service to employers, ensuring that you get the right person for the role and organisation. Here’s what you can expect from our recruitment package:
- Advertising: We will assign you a recruitment co-ordinator who will advertise your vacancy
- Screening: Your recruitment co-ordinator will screen applicants to ensure they are suitable and meet your requirements
- Shortlisting: You will then have the opportunity to shortlist applicants and let us know which individuals you would like to interview
- Interviewing: We will liaise with applicants to arrange the interviews, which can take place online or in person
- Making offers: We will provide feedback to all applicants and arrange a start date and launch meeting for the successful individual.
Develop your team's potential with Damar
At Damar, we’re passionate about upskilling new and existing staff to support career progression and develop a more diverse and creative workforce. With over 40 years of experience in the apprenticeship field, we’re your go-to team of experts for apprenticeship training.
Ready to invest in your workforce? Then please don’t hesitate to get in touch – a member of our friendly team will be more than happy to get back to you.
Finance or accounts assistant apprenticeship FAQs
Hiring an apprentice offers a wealth of benefits such as a more committed workforce, increased efficiencies, fresh perspectives and innovation. In essence, an accounting apprentice is a strategic investment that will reduce costs and enhance productivity to develop a skilled, loyal, and future-ready workforce.
Organisations that pay the apprenticeship levy are able to fund the training via their levy pot. Non-levy payers and SMEs can take advantage of government funding. Apprenticeships are 95-100% government-funded, depending on the apprentice’s age.
When recruiting an accounts or finance apprentice, you should look for individuals with the foundational qualities and potential to develop into valuable members of your team. Some key qualities could include strong numerical ability, good communication skills and an attention to detail.
After completing this apprenticeship, the most common and direct progression is the AAT level 3 assistant accounting apprenticeship, which covers more complex accounting tasks. Apprentices can then take on the AAT level 4 professional accounting technician apprenticeship.
If we haven’t answered your question above, have a read of our employer FAQs for more information.
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