Accounts Specialist Placement

by Volkswagen Financial Services

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Job Details

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Deadline: 4th December 2023
Start Date: June 2024
Salary: £20,000 - £21,999
Length: Placement (10 Months+)
Roles: Accounting, Banking, Business Management, Financial Management
Location: South East
City: Milton Keynes

Accounts Specialist Placement

LOCATION: Milton Keynes

CLOSING DATE: 4th December 2023

SALARY: £20,000, 27 days holiday plus Bank Holidays, loan car scheme, pension and a discretionary bonus

CONTRACT:  June 2024 - June 2025

Are you studying a Finance related degree? Do you want to learn more about how a Finance Operations team operates? If so, this placement could be the ideal role for you 

Our Finance Operations team are motivated to deliver exceptional service to our internal and retailer customer base. They are responsible for performing all transactional and daily tasks across the Accounts Payable and Accounts Receivable processes. Joining them will give you fantastic grounding for a future career in various areas of Finance 

During your time at VWFS UK you will be able to develop your skills, gain experience within various teams, add value and contribute to the success of the organisation. Don’t worry if this sounds a little daunting – you’ll be fully supported and receive training along the way.

What you could be doing:

  • In this role you will focus on monitoring and investigating customer accounts portfolio
  • You will be responsible for the reconciliation of sales ledger balance sheet accounts; with key stakeholders to manage, and clear aged items to maintain the integrity of customer’s accounts
  • You will carry out analysis to deliver key operational/management information
  • Conduct key month end tasks, including analysis aligned to our month end timetable
  • Seek to understand the interaction and impact of subsidiary systems on the main accounting systems to ensure system integrity
  • You will enable authorisation and processing of refunds to the customer

What can you bring with you?

  • You will be enrolled at a University which offers a 1 year industrial placement 
  • You will be studying towards a Finance or Business related degree 
  • You have an Intermediate level of excel knowledge and skill
  • Have the ability to work well under pressure and deliver to strict deadlines 
  • You are analytical, focus on accuracy and effective problem solving skills
  • You will be motivated by new challenges and a willingness to take ownership of tasks
  • An ability to interpret financial data and convert findings into recommendations and successful outcomes

What we can offer you:

  • Salary of £20,000 per annum plus discretionary bonus and company pension scheme
  • A wealth of experience and a fun and sociable workplace to start your career
  • You’ll be joining a group of 49 undergraduates so you’ll have a large group of colleagues so that you can support each other throughout your placement year
  • Life Skills workshops, designed specifically for you as an Undergraduate
  • Access to a discounted loan car scheme
  • Chance to make a difference in the local community with various volunteering opportunities
  • Physical and mental health support with our Onsite Wellbeing Centre
  • Hybrid blend of working at our office based in Milton Keynes and working from home 

What to expect from the assessment process:

Once you have decided our placement is for you, click the apply button and fill out some quick multiple-choice questions to support your application. We’ll be in touch shortly after receiving your application to advise if you have been progressed to the next stage

You will then be invited to complete an online video interview where you have the opportunity to tell us about you and your amazing qualities

If you are successful after completing your video interview, you will be invited to attend an assessment centre at our Milton Keynes offices. Here, you will complete a Competency Based Interview, deliver a Presentation and take part in a Group Exercise. We’ll provide you with appropriate support and guidance before you attend

This process is designed to help both you and us decide if a placement at Volkswagen Financial Services is the best step for you to kick start your future!

About Volkswagen Financial Services

Each year Volkswagen Financial Services welcome several undergraduates into a wide range of exciting departments. We are passionate about more than just cars. We believe in putting our people and customers at the heart of everything we do. VWFS is informal, collaborative and diverse. We’re a close-knit community and our unique culture is what makes us different. We inspire, support, celebrate and listen to one another. This incredible blend makes VWFS such a great place to work, and explains why we’re growing so quickly. Brand relationships are the heart of our success. We work in partnership with some of the world’s most exciting automotive brands: Volkswagen, Audi, SEAT, SKODA, Porsche, Bentley – the list goes on!

Our 12-month placements offer an unforgettable experience and a unique opportunity to build a thriving network, drive a brand new car and accelerate your own career. You'll have the opportunity to spend a year working in any of our departments, including Marketing, Digital, HR, Finance, and Customer Operations. Not only will you learn a huge amount, you’ll also receive an annual salary of £17.5k, a new car loan every 6 months, 27 days of holiday, a discretionary bonus and lots of other benefits.

How to apply

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

Please note that applications may close before the application deadline, so apply early to avoid disappointment.

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