Register Your Interest - Finance Placement - BMW UK

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Finance Placement - BMW UK

We be­lieve in cre­ating an envi­ron­ment where you, our placement student, can learn and develop dur­ing your time with us and where you are giv­en your own ar­eas of responsibilities from the start. Our experts and mentors will treat you as part of the team from day one; encour­aging you to bring your own ideas to the table and to give you the opportunity to show what you can re­ally do.

Our Summit ONE in Farnborough is home to the National Sales Company for the BMW Group in the UK, as well as BMW Group Financial Services which offers retailers, corporate and private customers a range of customised financial services. Alphabet (GB) Ltd. as a leading provider of Business Mobility Services is also located in Farnborough. We decided in November 2020 to bring together BMW Financial Services and Alphabet to stay relevant to our customers and continue to succeed in a rapidly changing business environment.

Within our self-contained campus, we offer a modern way of working with an empowering office culture, some aspects of which include:

• Our work persona shift – being yourself is effortless and so increases efficiency. For this reason we allow our employees to express themselves through the way they dress.
• Flexible working hours - working flexibly improves mental perspective and increases sustained productivity. This means our leaders maintain balance, not burnout, through focusing on output, not attendance.
• The opportunity to get involved with our continued support to our house charity with a variety of fundraising events throughout the year.
• Throughout our offices there are open creative spaces which hold facilities such as table-tennis tables to encourage innovation and employee engagement.

BMW UK, National Sales Company, Farnborough - Finance - 13 Month Placement (July 2025)

The Finance department at BMW UK are responsible for all Accounting and Controlling activities for the UK and Irish National Sales Companies of the BMW Group. With a diverse team of around 25 people, we work with all areas of the business to profitably steer the company, and achieve our financial objectives. We are responsible for all operational aspects ensuring the efficient day-to-day running of the finance processes, and accurate financial reporting, both internally and externally. We are constantly looking to increase our efficiency and smarter ways of working.

We are looking for a student to join our Finance team for 13 months starting June 2024. This is a diverse and interesting role where you’ll provide financial process support to the Accounting & Reporting Manager and assist with the management of accounting for BMW UK and Ireland. Our student placement also offers the opportunity to work cross-functionally with the other teams of the Finance department to identify and drive process efficiencies.

What will you be doing?

Provide financial process support to the Accounting & Reporting Manager, to assist with the management of accounting for BMW UK and Ireland, as well as the other teams of the Finance department to identify and drive process efficiencies. Key responsibilities include:

• Participate in the Finance month and year end processes to ensure timely and accurate recording of entries in financial accounting systems.
• Perform daily validation of interfaces into the SAP Finance system from source systems to ensure that information is correctly input in both systems.
• Support Finance projects. This can include identifying potential projects, providing expertise to on-going projects, and taking ownership of projects from end-to-end. In particular, focussing on the areas of process improvement and simplification.
• Prepare the monthly control account reconciliation templates and tracking reports, update of data, and status report to management after the review deadline.
• Support the provision of information as required to internal and external auditors to ensure the accuracy of financial statements.
• Support the Controlling team with preparation of the monthly Management Reporting pack. This includes updating PowerPoint slides with charts/comments as needed for review.
• Act as key contact for SAP users across all areas of the business, supporting them with system requests and providing advice and guidance. This will also help develop an understanding of the wider business and provide a great networking opportunity.
• Act as key user for the setup of new users into the department and maintenance of existing users, including system access, hardware requirements etc.
• Act as key contact for Interns around the business on Finance topics, with shared viewpoints and experiences this will assist the business with the annual cycle of intern turnover.
• Additional ad-hoc requirements as directed by the Finance Management Team.

Qualifications

• Studying for a degree, preferably in a relevant numerical discipline such as, but not limited to, Accounting, Finance, Economics, Business, Mathematics.
• Ideally interested in a future post-graduation qualification, such as ACA, ACCA, CIMA.
• Good A-level results and on track for a 2:1 degree or higher, based on results to date.
• Strong numerical ability to understand and check calculations.
• Highly self-motivated and an ability to work well under pressure.
• Good communication skills, both verbal and written.
•  Experience of using MS Excel, Word and PowerPoint.
• Desire to identify and implement changes to improve processes.

Why choose us?

• Great Pay – A competitive annual salary
• Rewarding Work-Life Balance – Contracted working hours are 37 hours a week, with a half day on a Friday, helping you develop a fulfilling work-life balance.
• Exciting Additional Benefits – You will have the opportunity to enjoy other employee benefits, including access to our Advantages scheme which gives you a range of offers and discounts, an on-site gym and a subsidised on-site restaurant.

What are we responsible for?

• Supporting you in your training and ensuring you settle into your role and feel welcomed.
• Working sustainably and ethically.
• Providing you with the opportunity to bring your own ideas and develop yourself.
• Ensuring you are happy with your work-life balance and feel as though your contribution to the business is being valued.
• Encouraging you to develop your soft skills such as creating working relationships, communicating effectively, delivering presentations and gaining confidence in your own ability, supporting you in both your return to university and your future career.

About BMW Group

No need to predict the future. You can create it. 

At the BMW Group, we’re committed to creating an environment where our people can learn from others and teach others. Here, our industry-leading experts will treat you as part of the team from day one and give you every opportunity to really show what you can do.

We look for passionate people, from all backgrounds, who will benefit from exploring every opportunity we have to offer; all while showing curiosity and ambition.

We also believe in giving people the skills and experience they need to thrive. That’s why we welcome around 200 individuals on six or 12-month placements each year, within a wide range of business areas.