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Accounting graduate scheme FAQs
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Accounting opportunities call on a variety of different hard and soft skills. There is maths, economics, and law on one side, but also communication and people skills on the other. Accountancy is highly analytical, but also relies on your ability to relay these findings to clients and colleagues.
In junior accounting jobs and jobs for accounting graduates with no experience, some responsibilities will be more introductory. Expect shadowing and mentoring to help you get to grips with the industry. Do not fear that you’ll be thrown straight into the deep end, or that you’ll be expected to perform tasks that are exceedingly stressful or difficult. There will still be challenges in less senior positions, but you’ll be given space to grow into the role. However, in providing support to senior staff, Junior Accountants end up getting involved with exciting parts of accountancy. This can include reviewing company expenditures, preparing projection reports, and even liaising with auditors. So, just because the junior accounting roles are more introductory, it does not mean you’ll be bored or left unchallenged.
Ultimately, when you are starting out in an accounting graduate role, the expectation is for you to be finding your feet. Employers will give you the space to learn the ropes and become make the gradual step up into more demanding positions. Careers in accounting are varied and don’t necessarily look the same as each other. You will learn your strengths and weaknesses, and begin to shape a path that suits you.
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If you’ve finished – or are about to finish – your university studies, you may be thinking about accounting graduate schemes. It’s normal to apply for these as early as your final year of university, but it’s also not too late if you wait until after graduation. There are many to pick from, and all are highly competitive. Some include:
- Accounting and Finance Graduate Scheme
- Chartered Accountant Graduate Scheme
Alternatively, you can apply for graduate trainee accountant jobs and have a similar, introductory experience in accountancy. There are many accountancy roles that will not be specifically labelled as graduate schemes, but will still ease you into the industry and type of work in a likeminded way. If you’ve already got some work experience in accounting, or you’ve just completed an accounting degree, you may already know what areas you’re interested in.
Still, it may be best to apply for broader accounting graduate schemes. This way, you don’t close any doors early on.
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If you’ve just completed an accounting degree, you’re high in demand. But we’re sure you know this. Accountants are always highly sought after, as companies are always in need of them. To find a stream of the latest and most dynamic graduate jobs accounting, head to Give a Grad a Go’s detailed job search page.
You can find accountancy jobs all over the internet, but this can prove very overwhelming. You may know you want to get into accountancy, but not know more beyond this point. That’s why we’re here: we don’t just collate some of the most exciting graduate opportunities in the country, we also help you navigate them
We offer a variety of graduate positions accounting in multiple locations, and for a range of interesting companies. The best way to find graduate jobs accounting is to register with Give a Grad a Go, fill in your details, and speak to an experienced recruiter. They deal directly with companies and will be able to fit you into a role that works for you.
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As a junior accountant, you can find various entry level accouting firm jobs. These roles typically require a basic understanding of accounting principles and may involve tasks such as data entry, bookkeeping, and assisting senior accountants or financial managers.
Here are some common junior accountant jobs:
Junior Accountant: In junior accountant roles, you’ll be responsible for basic accounting tasks like maintaining financial records, reconciling bank statements, preparing journal entries, and assisting with month-end close processes.
Accounts Payable Clerk: As an accounts payable clerk, you’ll be responsible for processing and recording payments to vendors, managing invoices, and ensuring that bills are paid accurately and on time.
Accounts Receivable Clerk: In this position, you’ll handle incoming payments, create and send invoices to customers, and follow up on overdue payments.
Bookkeeper: Bookkeepers are responsible for recording financial transactions, maintaining general ledgers, and generating financial reports for small businesses or organisations.
Payroll Clerk: Payroll clerks process employee payroll, ensuring accurate calculation of wages, taxes, and deductions. They also maintain payroll records and assist with payroll-related inquiries.
Tax Assistant: As a tax assistant, you’ll help prepare tax returns for individuals or businesses, conduct tax research, and assist with tax planning.
Junior Cost Accountant: Cost junior accounting roles analyse and report on a company’s costs and expenses, helping to improve cost efficiency and identify areas for cost reduction.
Assistant Controller: As an assistant controller, you’ll work closely with the financial controller to oversee accounting operations, prepare financial statements, and ensure compliance with accounting standards.
Accounting Graduate Schemes: These schemes usually take the form of structured training programs, that enable graduate to rotate between departments in order to gain a wide set of skills and progress at an accelerated pace.
These graduate accounting roles can vary depending on the size and type of the organisation you’re working for. Trainee accountant jobs are a great way to gain practical experience and build a foundation for your accounting career. As you gain experience and expertise, you can progress to more senior positions in the accounting field.
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No, not all graduate accounting roles pay for your accountancy qualifications. While some accounting firms and companies offer graduate accounting trainee jobs that include financial support for professional qualifications, others may not provide such benefits.
The level of financial support and the specific qualifications covered can vary significantly from one employer to another. Sometimes a company may not be able to offer full financial support but can offer partial support e.g. pay for the exams but not for study materials.
Always make sure to check a junior accounting job description – particularly the benefits section – for information on whether or not a company will pay for your accountancy qualifications as a benefit of the role.
Keep in mind that even if an employer does not offer financial support for accountancy qualifications, they may still provide other valuable opportunities for career growth, training, and development. Ultimately, it’s essential to weigh all aspects of the graduate accountant roles and consider your long-term career goals when making a decision.