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Finance Apprentice

Job in Milton Keynes, Buckinghamshire, MK10 0BX, England, UK
Listing for: The Open University UK
Part Time, Apprenticeship/Internship position
Listed on 2026-10-30
Job specializations:
  • Finance & Banking
    Accounting & Finance, Financial Compliance, Financial Reporting, Financial Analyst
  • Accounting
    Accounting & Finance, Financial Compliance, Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 17000 - 21000 GBP Yearly GBP 17000.00 21000.00 YEAR
Job Description & How to Apply Below

Fixed Term

Contract:

End Date:
Not Applicable

Welsh Language:
Not Applicable

Change your career, change lives

The Open University is the UK's largest university, a world leader in flexible part-time education, combining a mission to widen access to higher education with research excellence, transforming lives through education. Find out more about us and our mission by watching this short video (you will be taken to You Tube by clicking this link).

About the Role

This apprenticeship provides an excellent opportunity to develop a career in finance while working towards a nationally recognised AAT qualification. This role is offered as a Level 3 AAT Apprenticeship, with an expectation that the successful candidates will progress to a Level 4 Professional Accounting Technician Apprenticeship, subject to successful completion of the Level 3 programme and satisfactory performance in role.

The successful candidates will gain practical experience across a range of financial operations, management accounting and reporting activities, developing valuable knowledge of financial systems, accounting processes, financial controls, VAT and business operations.

Working within the Finance team, you will support the delivery of accurate, efficient and compliant financial services while developing the knowledge, skills and behaviours required for a successful career in finance and accounting. Throughout the apprenticeship, you will receive structured training, mentoring and development opportunities to build both your technical accounting expertise and wider professional skills, creating a strong foundation for progression to Level 4 and a long-term career within the finance profession.

What You'll Gain

  • Practical experience within a professional finance environment.
  • Exposure to accounts payable, financial operations, management accounting and reporting activities.
  • Support and training to achieve an AAT qualification.
  • Experience using industry-standard financial systems, including SAP Ariba.
  • Development of technical, professional and transferable skills.
  • Opportunities to build a long-term career within finance and accounting.
Key Responsibilities
  • Support the delivery of financial and operational processes, ensuring accuracy, completeness and compliance with organisational policies and procedures.
  • Process supplier invoices and credit notes accurately and efficiently, ensuring they are authorised and available for payment within agreed timescales.
  • Create and manage Service Entry Sheets within SAP Ariba.
  • Investigate and resolve supplier invoice queries, liaising with internal departments and external suppliers as required.
  • Maintain supplier records, including processing amendments in accordance with internal controls.
  • Perform supplier statement reconciliations and investigate discrepancies.
  • Support the preparation and processing of supplier payments.
  • Assist with budgeting, forecasting, management reporting and financial planning activities.
  • Support management accounting activities through journal processing, reconciliations, expenditure monitoring and variance analysis.
  • Assist with the preparation of financial reports, schedules and supporting documentation.
  • Maintain accurate financial and workforce data, ensuring systems are updated appropriately.
  • Produce reports and analysis to support business decision-making and identify trends, risks and opportunities.
  • Apply VAT rules and financial regulations appropriately when processing transactions.li>
  • Respond to stakeholder enquiries professionally and resolve routine issues in a timely manner.
  • Build effective working relationships across Finance and wider business areas.
  • Contribute to continuous improvement initiatives by identifying opportunities to enhance processes, controls and…
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