Finance Placement Assistant

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Finance Placement Assistant

Purpose of the Job

The Finance team at Savills Investment Management have a 12 month full-time placement opportunity open to university students who will be in their penultimate year of university which offers hands-on financial management and financial reporting working experience within the team.

This is an ideal opportunity for an individual considering a career within finance to learn new skills and experience what it is like to work within finance and the investment management industry.

Responsibilities and Tasks

The key objective for the Finance Placement Assistant (“FPA”) role is to assist the Finance team with their management accounting and financial reporting responsibilities.

They will be provided with on-the-job one-to-one training, and will have the following key responsibilities:

Management accounting

• Regularly process payments either via the oversight of the purchase ledger function or through an online approval system
• Liaise with third parties (banks, lawyers) to facilitate processing of payments and liaise with suppliers to resolve queries
• Maintenance of intra-group loans and loan interest schedule
• Maintain cash books
• Perform bank reconciliations
• Assist the team with the Sales Ledger function, dealing with credit control and liaising with Fund teams
• Assist FM with reviews of management accounts for senior management
• Assist FM with monitoring budgets and cash flow analysis / forecasting

Financial reporting

• Assist FM with review and preparation of annual statutory financial statements
• Assist FM with and develop an awareness of the audit process
• Assist FM with other ad hoc reporting as required
• Develop an awareness of corporate governance
• Develop an awareness of relevant taxation matters

Other

The FPA may also be required to assist the FM with other ad-hoc tasks from time to time. Full guidance will be provided on all work given to the FPA by the FM.

Job Requirements

• Undertaking a relevant undergraduate university degree e.g. Finance, Accounting, Business Studies (must be in penultimate year);
• Strong GCSEs and A-Levels (or equivalent);
• Basic Excel skills and competence with other Microsoft Office packages;
• Good attention to detail;
• Good communication skills;
• Strong inter-personal skills;
• Self-starter with a proactive attitude, willingness to learn and be able to demonstrate this during interview;
• Excellent written and spoken English; and
• A team player

Our Benefits

• 25 days Holiday Allowance
• Global and Local Networking:
• Join in the fun of our monthly social events, Christmas and Summer parties

• Time for what matters:
• Our volunteering/charity days afford you the opportunity to give back to local communities, from soup kitchens, to canal clean-ups and bake sales.

• Access to MYNDUP:
• Offering virtual health and wellbeing sessions

Application process:

1. Online application form, CV, and Video
2. Online psychometric tests (30 minutes in total)
3. Virtual Assessment Centre (15 February Afternoon): Individual Task, Competency Interview, and Group Task
4. Final round interview

Candidates should be available to start the placement in the summer of 2023.

Application Deadline: 12 February 2023

We are a committed equal opportunities employer and welcome applications from all individuals, regardless of age, disability, gender, sexual orientation, race and religion. We are focused on fostering a culture and environment that allows for inclusion and diversity throughout our business. Savills IM offers several employee led forums which provide support and guidance around Diversity & Inclusion, as well as ensuring our principles are built in to all of our processes, practices and expectations.

About Savills Investment Management

Savills Investment Management is a subsidiary of Savills, which is a strong and successful brand in the property services industry. Savills Investment Management supports investors in creating a competitive return on their investment in Real Estate. Our investors vary from pension funds and insurance companies, through to charities and high net-worth individuals.

Savills Investment Management provide advisory services to investors on emerging markets and geographies and hold numerous funds, mandates and separate accounts within which investors can invest. We currently have circa €27 billion of assets under management invested across the world and we have a clear strategy to expand as a business. Our strategy as a business is to utilise the local knowledge and experience of our ‘on the ground’ Asset and Portfolio Managers to provide an opportunity for global investors to invest in foreign markets.

How to apply

To apply for this role and to find out more, please click on the apply button below.

Please note that applications may close before the application deadline, so apply early to avoid disappointment.