Audit & Accounts Placement Year Nottingham September 2024

UHY Hacker Young is a Top 20 firm of Chartered Accountants based in Nottingham city centre. We are ambitious people, united in our mission to be exceptional accountants and business advisers delivering seamlessly integrated client service.

Through our UHY network we harness global intelligence and combine this with local presence and knowledge to share technical and commercial insight.

Role overview

The overview of the department:

• Deliver an external audit service to a range of clients in a range of sectors
• Assist managers in the planning and completion of audit work and to lead audit fieldwork on a variety of clients

Job description

As a placement student, your typical daily duties will include:

• Checking a client’s financial information, purchase and sales invoices
• Checking bank balances and bank statements
• Reviewing client payroll records for accuracy
• Ensure sound knowledge of a client and its industry by researching background information and useful publications
• Develop communication skills and build relationships with key stakeholders
• Utilise accounts software
• Attend client meetings and social activities
• Develop and apply technical knowledge gained from studies and on the job experience
• Attend in-house technical training as required
• Ensure timesheets are completed on a weekly basis

Working arrangements

The working week: 37.5 hours per week (Monday to Friday) to be worked from 9.00AM to 5.30PM with occasionally some flexibility of hours to meet specific work demands.

Location: Your principal work base is our Nottingham Office, all employees are required to do a minimum of 3 days in the office per week. However, you will be required to spend time working at client premises.

Training

The firm provides practical training internally. Immediately on joining us, you receive two weeks of training in accounting, our business language, and in auditing. This lays the foundation for your placement year’s practical experience.

Benefits

• TOIL (Time off in Lieu)
• 28 days holiday (including bank holidays)
• Discretionary Christmas shutdown not counted as part of holiday entitlement
• The ability to ‘purchase’ extra days leave in salary sacrifice
• Private medical insurance at discounted rates
• Private dental cover at discounted rates
• Subsidised corporate gym membership
• Life assurance (4x salary)
• Season ticket loan (for travel)
• Childcare voucher scheme

Person specification

Academic requirements

• Minimum A-levels, B,B,C grades (or equivalent and excluding general studies)
• Grade B/6 or above in GSCE Maths and English Language (GSCE or equivalent)

Persistence

• Ability to work hard to complete near term tasks
• Energy, stamina and persistence in achieving longer-term objectives

Reliability

• Conscientious and properly completes tasks
• Willing to put the needs and interests of others (including “work”) before personal needs
• Maintains standards and completes tasks in difficult circumstances
• Remains stable and self-controlled under stress

Initiative and adaptability

• Willingness to adapt to and change in new circumstances
• Ability to identify new or different ways of doing things
• Active in taking steps to make sure things happen

Learning

• Consistent or improving record of academic attainment over time
• Application to “weak” or “disliked” subjects and courses
• High levels of achievement over a diverse range of subjects
• Learning well in a difficult or challenging environment

Leadership

• Success when in a position of responsibility, ensuring that a team or group works together and achieves its purpose; or contributing to a group in a similar way
• Success when in a position of responsibility, ensuring that a team or group works together and achieves its purpose; or contributing to a group in a similar way
• Organising a group, allocating tasks
• Setting, monitoring and achieving aims
• Resolving disputes and difficulties
• Ability to influence and persuade others

Understanding of the profession and the job 

Well researched, enthusiastic and knowledgeable on

• The work and role of an accountant
• The challenges of the exams
• Uhy

Commercial awareness

• Successful involvement with customers; putting the customer first
• Successful working relationships with colleagues
• Applying or improving procedures
• Measuring or improving performance
• An appreciation of the strengths and weaknesses of businesses or organisations that they have been involved with

Business development

• An understanding of what it takes for a business (or other organisation) to be grow, and an ability to put that understanding into practice
• A successful involvement in sales or marketing
• Successful self-promotion (e.g. in obtaining elected office)