Finance Placement (Porsche Retail Group)

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Porsche Retail Group Finance Intern

This is a Placement Year position for a candidate currently studying a Finance/Accounting Undergraduate degree at University, seeking a placement for their 3rd year. The role will commence in July 2020. Please ensure that you have read and understood the requirements of the role before applying.

Job Purpose:
To collate and post the daily centre banking sheets and reconcile the transactions with funds received in the bank. Assisting & supporting the Group Credit controller with day-to-day tasks.

Core Specific Responsibilities:

Responsible for 5 Retail Centre’s daily banking:

• Daily processing of the Centre cash sheets
• Ensuring correct & accurate information is recorded on cash sheets.
• Liasing with centre personnel to resolve any banking issues
• Reconciliation of the daily PDQ payments into the bank with the centre cash sheets
• Preparation and processing of twice weekly bank journal upload
• Training Centre personnel on cash sheet & banking procedures & processes
• Archiving all centre banking files at the end of the month

Time Frame: Daily tasks throughout internship

Supporting the Sales Ledger:

• Clearing down of contra items in Cash Suspense
• Investigating & reconciling outstanding items in cash suspense & deposit till
  accounts
• Preparing daily cheques received for the bank & posting to the relevant account.
• Sending out monthly debtor statements
• Dealing with adhoc customer & centre’s telephone queries
• Processing of BCA (British Car Auctions) remittances and contra with sales ledger.
• Processing warranty claims & ensuring they match the importer self-billed invoices
• Provide cover for the Bank Intern and Sales Ledger Controller during their absence
• Documenting & implementing process improvements with Credit controller

Time Frame: Daily & weekly tasks throughout internship

Supporting the Management Accountants:

• Adhoc financial analysis including Company Car maintenance, fuel and goodwill

Time Frame: Monthly throughout internship

Core Accountabilities:

• To understand and assist in the delivery of Business Strategy and Objectives
• Take ownership for personal development needs in anticipation of Business requirements
• Contribute fully within the team, ensuring the right environment is maintained
• Ensure the appropriate level of management control and system exploitation is applied to all relevant systems
• Adhere to company policies and procedures at all times

Benefits

We Offer:

• A competitive salary
• 27 days holiday plus bank holidays
• Daily food allowance
• A bus pass in the Reading area

About Porsche Cars GB

Porsche Cars GB has a strong heritage. Since our inception we have been committed to delivering the highest level of customer service and recognise that our staff are our strongest asset. An exciting opportunity has arisen and we are looking for a talented individual to join the Finance Department. Our Intern Training Programme offers outstanding individuals a chance to gain invaluable experience and allows them the perfect start to their career.

How to apply

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

Those who pass the first stage will be offered a telephone interview on 6 or 7 November 2019. The final stage of the process will be an assessment centre on 27 November 2019, after which the successful candidate will be notified.

Please note that subject to the volume of applications received we may bring forward our application deadline and would recommend you make your application to the programme at the earliest possible convenience to ensure you do not miss out.