National Sales Company - Finance Team, Pensions - 13 Months

by BMW Group

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Deadline: 31st October 2021
Salary: £18,500
Length: Placement (10 Months+)
Roles: Accounting, Banking, Financial Management
Location: South East
City: Farnborough, Hampshire

National Sales Company - Finance Team, Pensions - 13 Months (July 2022)

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.
BMW UK, Farnborough - Finance Team, Pensions - 13 Month Placement (July 2022)

The Pensions team is responsible for supporting the Trustees in their responsibilities in respect of BMW Group’s defined benefit (DB) pension schemes in the UK. We provide accounting services to the Trustees which involves preparing regular management accounts and ensuring that the accounting records reflect the latest asset values and transactions.

What will you be doing?

  • This role gives you a great introduction to the finance and pensions elements of the BMW Group
  • Giving you the opportunity to put your numerate skills into practice you will be given exposure to and involvement in a wide variety of pensions, asset management and accounting activity
  • Within the Accounting and Finance team, you will support in the preparation of management accounts and balance sheet reconciliations, as well as the tracking and monitoring of investment management expenses
  • The majority of the placement will involve supporting the Accounting and Finance team as well as the Asset and Liability manager within BMW’s Pensions department
  • In respect of Asset and Liability management, you will support the administration associated with the pension schemes’ investments. This includes liaising with investment managers to ensure that the relevant documentation is in place, as well as helping to prepare for Trustee Investment Committee meetings

Qualifications and Experience

  • Studying an undergraduate degree (or equivalent) and on track to achieve a 2:1 or above (preferably in a numerate related discipline)
  • Good organisational and time management skills, and ability to show high attention to detail to every task whilst managing multiple deadlines
  • Ability to adapt working approach depending on specific requirements.
  • Intermediate IT skills preferred in Word, Excel and PowerPoint
  • Team player, helpful, can-do attitude
  • Strong academic background in numerate subjects (e.g. Mathematics)
  • Excellent knowledge of MS Office products, especially Excel and Powerpoint
  • Strong relationship building skills and exceptional written and verbal communication skills
  • A full UK driving licence is preferable

Why choose us?

  • Great Pay – A competitive annual salary of £18,500, 26 days holiday (pro rata to your contract) and a pension scheme as well as a subsided on-site restaurant.
  • Rewarding Work-Life Balance – Contracted working hours are 40 hours a week, helping you develop a fulfilling work-life balance.
  • Exciting Additional Benefits - Throughout your placement you will be supported by our experts and many fellow students and have the opportunity to enjoy other employee benefits.

Did you know?

Farnborough is home to our BMW, MINI and Alphabet National Sales Centres. We’re proud of our office environment and achievements, 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 and reduces wasted energy. 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 to 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.

What do you need to do now?

If this sounds like the opportunity for you then apply today using the link below.
The next stages of the recruiting process could include: online testing, video interview and then a face to face, telephone or virtual interview with the hiring manager. This may be in the form of an assessment centre.

Please note:

We operate rolling recruitment, this means we may close the application window earlier than identified, if sufficient applications are received, so please apply early to avoid disappointment.
Please ensure that you complete all of the free text questions for your application to be progressed, and include a role relevant cover letter, explaining why we should consider you for this position.
To be eligible for this position, you must be returning to your studies, for a minimum of 6 months, after completion of this placement, and be able to provide proof of your legal right to work in the UK, if you are not a UK passport holder.

We are committed to promoting equal opportunities in employment and job applicants will receive equal treatment regardless of gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation.

Any further questions? Email us on hr.services.recruitment@bmwgroup.co.uk

About BMW Group

With our four brands BMW, MINI, Rolls-Royce Motor Cars and BMW Motorrad, we are the world’s leading manufacturer of premium automobiles and motorcycles. We also provide premium financial and mobility services.

As a global company, we employ over 120,000 associates worldwide, operate 31 production and assembly facilities in 15 countries, and have a global sales network in more than 140 countries.

The UK is the only place in the world where three of our brands - BMW, MINI and Rolls-Royce Motor Cars - are represented by manufacturing operations. In addition to our manufacturing sites located in Oxford, Hams Hall, Swindon and Goodwood, our Farnborough offices host our UK Sales and Marketing divisions, as well as Financial Services, Leasing and Fleet Management departments.

How to apply

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

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

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