Apprentice - Accounts Payable

Management Level

I

**Equiniti Overview**

Equiniti is a leading provider of technology and solutions for complex and regulated administration and payments. Our technology platforms are used by 70% of the FTSE 100, Government and other large corporates, particularly in banking, insurance and other financial services. We have 1,700 clients, make £160 billion worth of payments through our systems every year, hold records for 70 million shareholders, look after pension schemes for 8 million pension scheme members, and provide services which touch 28 million customers. Over a third of the UK population has dealt with Equiniti at some point during their lives.

Equiniti is a company that has been built with strong values at the very core of our offering. Dealing with some of the most successful companies and government agencies in the UK, excellence, integrity, professionalism, partnership, commercial and innovation are therefore at the heart of everything we do. We employ over 5,000 people in the UK, India, US and Netherlands.

There are five internal business divisions which compromise the Equiniti business (EQ Boardroom & Invest, EQ Paymaster, EQ Digital, EQ US and AST), which are all supported by the Group Functions. Our strategy is aimed at driving pace and growth with a strong focus on further investment in our people and leadership.

Equiniti's journey to build and develop a captive offshore finance facility started in 2016, with a view to centralise the core transactional accounting. This resulted in the creation of a Finance Shared Services Centre (SSC) in Chennai which comprises the following teams: Record to Report (RTR), Procure to Pay (PTP), Master Data Management and Data Analysis (MDM), Order to Cash (OTC) and Financial Planning and Analysis (FP&A).

The Finance SSC Team is one of the most engaged teams in the business per the last Gallup survey. In recent years the Finance SSC has extended its Global footprint to support geographies beyond UK, expanding the remit in operating areas to help sustain, and improve, the control environment for the Group. The Finance SSC has continued to successfully drive value-add and continuous improvement along the value chain by providing high quality services in specialised areas of External Financial Reporting and Internal Audit.

All of this made possible by over 100 dedicated, articulate, and forward-thinking colleagues in the Finance SSC who play a pivotal role in our transformative journey. The most recent achievement of the team includes successfully implementing Workday in 2020 - the global finance, procurement and human capital management ERP which is now used globally by all of Equiniti's businesses & employees.

**Overview**

The Accounts Payable Trainee apprentice will be responsible for supporting financial and accounting processes within the organization. This includes understanding and executing finance-related tasks such as coding of invoices, matching of Invoices, understanding duplication and supplier queries and the payments process.

**Core Duties/Responsibilities**
- Coding of invoices that have been scanned in the system.
- Match invoices with Purchase Orders and/or receipts (2-way and 3-way matching).
- Support for preparing Supplier statement reconciliations.
- Gain knowledge of industry standards, accounting software, and best practices in financial management.
- Learning and Development - Actively participate in training sessions and professional development opportunities.
- Any other duties that are within the scope, spirit or purpose of the role or as reasonably requested.
- Ensure that all working practices follow the Equiniti standard policies and procedures, including health & safety and equal opportunities.

**Training responsibilities**:
As part of the training the apprentice or trainee must:

- Work toward achieving the competencies set out in a training plan.
- Complete the training and assessment set out in the training plan.
- Update the training record and produce it when required.

Regular performance reviews and feedback sessions will be provided to help the apprentice to develop their skills.

**Skills, Knowledge & Experience**

**EDUCATION/QUALIFICATIONS**
- University Qualified in Finance & Accounts and or MBA in Finance.

**SKILLS**
- Fundamental knowledge of accounting.
- Strong numerical and analytical skills.
- Ability to communicate effectively in English: written and spoken.
- Strong communication and interpersonal skills
- Ability to work well with people across the organisation.
- Knowledge in MS Office, particularly Excel will be an advantage.

**Personal Attributes**:

- Motivated and eager to learn - A keen interest in pursuing a career in finance or accounting.
- Able to collaborate effectively with colleagues, contributing to a positive team dynamic.
- Have a problem-solving mindset.