Audit Apprenticeship - Pensions
Working in pensions audit means much more than just analysing numbers, we really get to know our clients by building close relationships with key individuals there in order to help them and their investors to better understand their financial performance, business systems, culture and the risks they face and then to provide crucial advice to them in these areas.
Our Professional Development programme will help you to develop your career in whichever direction it takes by supporting you to study for your professional qualifications (AAT and/or ACCA) whilst working in pensions audit. You will work as a part of a team, all of whom will be highly supportive, and there are plenty of opportunities to socialise together as well.
Our National Pension's team has over 200 pension scheme clients ranging from large DB schemes with assets of up to £1bn to small self-administered schemes. Most of the audit work is undertaken in the office, but visits to clients are sometimes required, potentially to any part of the UK.
As a Trainee Pensions Auditor it is likely you will be on our structured programme around working and studying. We will expect you to be looking to study AAT and/or ACCA. For the first 2 years you will likely be studying your AAT qualification. After this, depending on your ambitions you may wish to go on and study the ACCA.
Business Area Overview
A Pensions Audit Assistant will be part of a team and will undertake or assist in undertaking audits of variety of pension schemes, both in the office and at clients, ensuring that all aspects of the audit are completed to a high standard, on time and within budget. The individual will be supported, developed and supervised by senior members of the pensions audit team.
With appropriate training and support:
• Plan the audit approach, including identifying the risks affecting the audit.
• Undertake the work outlined in the audit programme.
• Liaise with clients and administrators (email and telephone).
• Identify potential errors or omissions and notify the audit manager on the audit assignment.
• Provide a high level of client service by meeting deadlines and displaying professional conduct at all times.
• Work independently on small schemes and provide support to Audit Seniors on large audits.
• Build a working knowledge of the Pensions SORP (Statement of Recommended Practice).
• Attend relevant internal and external training.
• Work towards AAT/ACCA qualification with full study support.
• Carry out ad-hoc assignments as and when reasonably required.
Candidates must have, or be on course for the following grades (or international equivalent):
•3 A Levels at grades A*- C, excluding General Studies and Extended Projects
•A*- C at GCSE in Maths & English Language
BDO LLP is an accountancy and business advisory firm, we provide integrated advice and solutions to help businesses navigate a changing world. Our clients are Britain’s economic engine – ambitious, entrepreneurially-spirited and high growth businesses that fuel the economy.
We share our clients’ ambitions and their entrepreneurial mind-set. We have the right combination of global reach, integrity and expertise to help them succeed.
BDO LLP operates in 17 offices across the UK, employing 3,500 people offering tax, audit and assurance, and a range of advisory services. BDO LLP has revenues of £428m and is the UK member firm of the BDO International network. The BDO global network provides business advisory services in 162 countries, with 74,000 people working out of 1,500 offices worldwide. It has revenues of $8.1bn.
BDO gives trainees all the training they need to attain their professional qualifications, along with extensive practical experience that includes on-site client work. The firm provides constant support to help you achieve your potential.
'Achieving My Potential’ is BDO’s organisational framework. It is made up of 4 key elements – core competencies, technical competencies, values and attitude. In essence, what you do and how you do it.