Finance Placement

University of Derby

2mo ago

Applications are closed

Internship
Full-time
Placement Program
Accounting & Tax
Business, Operations & Strategy
Derby

Requirements

Essential Criteria
Qualifications
Studying relevant Accounting/Finance-related degree at the University of Derby.
Educated to A-Level standard or equivalent work experience.
GCSE Maths and English Language at Grade C or above (or equivalent).
Experience
Experience of contributing collegiately towards the achievement of team goals.
Experience of delivering Customer focussed requirements.
Skills, knowledge & abilities
IT Literacy and excellent Excel skills. Able to manipulate data sets and present information in different formats.
Excellent communicator, both verbal and written.
High level of professionalism, enthusiasm, engagement and self-awareness.
Having the ability to be future focussed and adapt to changes.
Working with accuracy and attention to detail Team working within and beyond the immediate team, contributing collegiately towards the achievement of team goals, with a desire to be part of a high performing team.
Business requirements
Flexible approach to working hours when occasion demands.
Inter-site travel as required.
Ability to travel to other sites in a timely and cost-effective manner.

Responsibilities

To assist with the month end processes with regard to internal recharges including communication with providing departments and monthly reconciliations of income/charges.
Assist in managing the month end timetable; ensuring that deadlines are adhered to.
To assist in the reconciliation of the system sub-ledgers to the GL.
To use, reconcile and update areas of the finance system, such as Budgetary Control, Chart of Accounts Hierarchy Maintenance and other General Ledger areas.
System journal entry input for routine month end transactions.
To administer the creation and collation of information around additional payroll preparation information including those relating to associate lecturers, other ad-hoc staff and hours for submission to payroll.
To undertake bank reconciliations and other financial accounting tasks as required.
To contribute to systems and procedures that drive quality and continuous improvement.
To assist in the production of Annual Budget and interim Forecasts to specified deadlines.
To include development of tools and reports along with reconciliations and controls in line with Financial Reporting Standards and to ensure audit requirements are met throughout the year.
Point of contact for System users regarding finance queries.
To provide assistance where necessary to the Business Accounting Team regarding any of the above.

FAQs

What is the duration of the Finance Placement?

The Finance Placement is a fixed-term contract for 12 months.

What is the salary range for this position?

The salary ranges from £23,865 to £24,213 per annum, with potential progression up to £27,859 per annum for exceptional performers.

What qualifications are required to apply for this role?

Applicants must be studying a relevant Accounting or Finance-related degree at the University of Derby and should have educational qualifications of A-Level standard or equivalent, as well as GCSE Maths and English Language at Grade C or above (or equivalent).

Who is eligible to apply for this Finance Placement?

This opportunity is exclusively available to current second-year students at the University of Derby who are studying Accounting, Finance, or a related degree.

When is the closing date for applications?

The closing date for applications is Tuesday, 22 April 2025.

What are the main responsibilities of this role?

Key responsibilities include assisting with month-end processes, managing the month-end timetable, reconciling system sub-ledgers, entering journals, preparing payroll information, and undertaking bank reconciliations, among others.

Are there any specific skills required for the position?

Yes, essential skills include IT literacy with excellent Excel skills, verbal and written communication skills, attention to detail, professionalism, and the ability to work collaboratively as part of a team.

When will the interviews for this position take place?

The interview date is scheduled for 1st May 2025.

Is there any support available for employees' well-being?

Yes, the University offers a suite of holistic wellbeing benefits, including family-friendly policies and a comprehensive Employee Assistance Programme.

Can international students apply for this placement?

The University is unable to sponsor the employment of international workers under the Skilled Worker route for this role but welcomes applications from candidates who have an alternative right to work in the UK.

University of Derby

Education

Industry

1001-5000

Employees

1992

Founded Year

Mission & Purpose

We offer campus-based and online undergraduate, postgraduate, research and professional courses across a range of subjects. We are committed to providing high-quality education for everyone, regardless of age, background or location and are recognised for our approach to social mobility. Most of our courses are taught on our multi-site campus in Derby, with some health care courses also available in Chesterfield. With £200 million invested over the last ten years, we offer state-of-the-art facilities for applied learning, delivered by academics with a blend of industry experience and research expertise.