Finance Placement – Management Accounting

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About Mercedes AMG High Performance Powertrains Ltd

Do you want to start your finance career with a company where you can gain commercial experience in one of the most exciting industries in the world? Where your passion can help to push the boundaries of science and technology on the Formula 1 race track and on the road?

Mercedes-Benz has been setting the standard in racing for over 100 years. At Mercedes-AMG High Performance Powertrains we work tirelessly to continue the proud history of the legendary Silver Arrows by delivering pioneering innovations to the race track, with every development of our World Championship winning Formula 1 Hybrid Power Unit. Our state of the art hybrid power unit powered the Silver Arrows to win the Formula 1 World Constructors Championships in 2014, 2015 and 2016. Lewis Hamilton to win the Formula 1 World Drivers Championships in 2014 and 2015, and Nico Rosberg in 2016 breaking a number of records along the way. In addition to Formula 1, we also work on innovative and pioneering engineering projects for Mercedes road cars.

Finance Placement – Management Accounting

The Finance function is responsible for providing accurate and timely management information and financial reports to our business partners, both internally and externally. We deliver transparency, control and analysis to aid the decision making process. We have Management Accounting placement opportunities available within 3 different areas of the finance team;

• Management Accounting: F1 Product Design & Engineering teams
• Management Accounting: Business Operations & Investment
• Management Accounting: Automotive Projects

What you will do:

• Working closely with key operational business stakeholders you will gain valuable experience in the delivery and reporting of business operational costs, and budget implications based on the latest Engineering changes
• Work across different functional areas and develop your costing skills by reviewing product changes
• Support our business investment process by providing adequate transparency and control, and business partner the functional areas
• Assist in the preparation of month end accruals, prepayments and provisions and delivery of the director’s information pack
• Providing transparency of actual to budget variances and perform detailed analysis to find the underlying drivers and trends
• Assist in the preparation of month end accruals, prepayments and provisions
• Preparation of variance analysis reports for operations business partners
• Gain practical experience of Enterprise Resource Planning system (SAP)

What can we offer you?

As a team we pride ourselves on sharing knowledge and developing our students during their placement. We offer you the opportunity to work with and learn from the Finance Team in a fast paced environment and to be part of delivering the leading power unit on the Formula 1 grid. You will have the opportunity for real responsibility for delivering support to the business and be encouraged to maximise your potential. Business partnering different departments along the value chain and helping them achieve their business objectives and goals.

Our benefits package includes:

• Salary: £17, 000
• 13 month scheme
• Competitive Bonus Scheme
• 36 days Annual Leave
• 10% Employer Contributed Pension Scheme
• Healthcare Cover
• A variety of other optional benefits / discounts

What are we looking for?

• Curious, tenacious and driven individuals who thrive in a face paced environment
• Currently studying and on track for a First or 2:1, in a (or combination of) Accounting, Finance, Economics, Maths, Physics or other numerate degree
• A strong academic background in relevant A Level disciplines, for example maths or sciences (or equivalent qualifications)
• Excellent communicator, not afraid to take responsibility and deliver to tight timelines
• Team player and be adaptable to meet business demands
• People who are willing to go the extra mile to help the team succeed

Placement Application Process

• Assessment Centres will be held in November 2017

Remember when completing your application; think carefully about the relevant skills you can bring to the role from your academic career, work experience or extracurricular activities. We want to find out about you and what you are passionate about. Use plain English and make sure you give full details of your degree modules, your input into all relevant projects and work experience.

How to apply

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