UK Research and Innovation

Finance ACCA Level 7 apprenticeship - Master's Degree (Level 7)

UK Research and Innovation (Employer)

New College Swindon (Training Provider)

Annual wage £27,938.00
37.5 hours per week Full time hours Mon-Fri, times TBD.
3 years (duration)
1 March 2022(start date)
Accountancy or taxation professional (apprenticeship standard)
20 February 2022 (application closing date)
Register interest

Job Description

The UKRI Finance Team are looking to recruit 4 Graduate Apprentices to start in February 2022 based either at Polaris House, Swindon or the Rutherford Appleton Laboratory, Oxfordshire. The role will incorporate an ACCA Level 7 Professional Accountant Apprenticeship alongside a challenging but rewarding role.


The key accountabilities will depend on the specifics of each placement. However, they are likely to include:

  • Carry out reconciliations, monitor expenditure / income and support the production of management accounts, including variance analysis
  • Cost centre and Project budget setup and maintenance
  • Maintain key spreadsheets and trackers, providing advice and analysis on the financial data
  • Prepare journals and collate backing papers and evidence to maintain an audit trail
  • Support writing the annual accounts and year end processes, including collating and preparing notes to the accounts
  • Supporting asset management, recording and physical verification
  • Preparing reports, including graphs and data to help explain numbers in reports
  • Preparing forecasts to help effective cash management
  • Support to the Governance team on the internal audit programme
  • Working with partners within UKRI
  • Develop knowledge of the rules and guidance that underpins Government Finance
  • Provide ad-hoc administrative tasks across the team 
  • Take ownership for your learning and development under the apprenticeship.

During your training, you will be expected to be self-motivated, organised and able to follow policy whilst meeting deadlines. With great attention to detail, you’ll work diligently through the varied work assigned to you. We will provide the support to enable you to succeed.

Future Prospects


Reality Check

  • A benefits package designed to provide an excellent work/life balance including 30 days’ annual leave, 10.5 public and privilege holidays, flexible working hours and an exceptional pension scheme
  • You’ll get the chance to work on innovative projects with international collaborators
  • Cycle-2-work scheme
  • Discount vouchers for high street stores and attractions

We would ask candidates to note that during your apprenticeship you may be required to work at Rutherford Appleton Laboratory for an extended period, although predominantly roles are Swindon based.

Skills Required

  • Excellent numeracy skills
  • Good ICT skills, including MS Office
  • Self-motivated
  • Good time management skills
  • Able to travel occasionally to other UKRI sites; and to either Reading or Bristol for training.

Qualities Required

  • Good inter-personal skills, particularly in communication (both written and verbal) and problem solving
  • Able to work well within a team but also show initiative, with the ability to work independently
  • Experience working in a team.

Qualifications Required

  • Degree, equivalent qualification or relevant experience
  • GCSE in Maths and English

Training Provided

  • Accountancy or taxation professional degree level apprenticeship

Each apprenticeship standard has its own criteria for the knowledge, skills and behaviours that will be developed over the apprenticeship programme.


  • Assurance, Risk & Control Business Acumen Financial Information Legislation Strategic Business Management & Governance


  • Building Relationships Business Insight Communication Ethics & Integrity Leadership Problem Solving & Decision Making


  • Adds Value Continuous Improvement Flexibility Professional Scepticism

The end-point assessment is the final showcase of competency for the apprentice across all the knowledge, skills and behaviours defined in the apprenticeship standards. 

Synoptic Assessment

  • A case study exam. Set by the Assessment Organisation this exam is likely to be part of the associated professional qualification.

Project Report

  • A project report completed on a relevant topic. 3/4 critical and evaluative skills and behaviours questions with a total word count of no more than 4000 words
Register interest