Finance & Purchasing Industrial Placement 2022

by Toyota Motor Manufacturing (UK) Ltd

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Deadline: 17th October 2021
Salary: £19,284
Length: Placement (10 Months+)
Roles: Economics, Financial Management
Location: East Midlands
City: Burnaston, Derby

Finance & Purchasing Industrial Placement 2022

Finance isn’t a back office function at Toyota. You’ll soon discover that a key part of your role is to see things for yourself. You’ll spend time on the shop floor, understanding how we work. You’ll learn to see problems from other people’s perspectives. You’ll understand how you can improve the way we manage costs and add real value to the business.

Your time here:

Over your 11-month placement, you will be involved in a variety of projects and understand how you can improve the way a business like Toyota manages its costs, and how finance can add value to the production process. Our Finance IP students can be surprised by the amount of responsibility we give them. You certainly won’t just be sat at a desk producing spreadsheets. You’ll get to spend time with our group leaders and engineers and soon be a rather large influencer in the team.

Our Finance and Purchasing team spans cost management, general ledger, accounts payable and received, purchasing, investment and physical inventory. You’ll have responsibility in one or more of these areas as well as seeing how finance can make an impact across the business, for example, learning how we balance environmental impact with economic effectiveness.
Previous IP Projects Include:

  • Developing breakthrough initiatives to reduce costs per vehicle as part of a dynamic cross-function team
  • Kaizen of the physical inventory process, including method for stock management variation
  • Monthly reporting to TMUK top management as well as head office, in addition to journal preparation and accounts co-ordination

Learning and Development project include:

  • The Toyota Way
  • Health & Safety
  • Plan, Do, Check, Act
  • Presentation skills
  • A3 reporting
  • Personal Planning

What we look for:

We're looking for individuals who will share our values and believe that there's always a better way. So, if you thrive on analysing problems from different angles to develop solutions and take a practical approach to your work, you could go a long way with us. You should also have a consistently strong academic record, with a minimum 2:1 predicted degree result (BEng/MEng required).

About Toyota Manufacturing UK

Toyota's decision to establish a manufacturing operation in Europe was announced in 1989 and Toyota Manufacturing UK was established in December that year.

There are two manufacturing plants in the UK, representing a total investment of £2.75 billion and employing approximately 3,000 members (including Agency). The vehicle manufacturing plant is located at Burnaston in Derbyshire and the engine manufacturing plant is located at Deeside in North Wales.

How to apply

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Applications may close before the deadline, so please apply early to avoid disappointment.

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