FLDP Industrial Placement - Project Accountant at BAE Systems

Top Employer
Duration
Placement Year (10 Months+)
Region
Farnborough, Hampshire South East
Review Date
Salary
£14,000 - £15,999
Roles
Accountancy

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BAE Systems is a Top Employer

6.2/10

The Role
6.8
Organisation
7.6

Socialising

3.5

The Role

Role Description

I worked as a project accountant on the Harrier platform, specifically in relation to the GR9, JUMP and offload contracts. As a result, I was responsible for a wide range of tasks including the participation of monthly review meetings and preparation of review packs for the SMT.

Every month, I would be responsible for producing forecasts for various KPIs and feeding these into the central finance team for AMSS. Another monthly task I was responsible for was the preparation and submission of a foreign currency forecast to central treasury, along with associated commentary.

I also used to organise and chair meetings, alongside other daily tasks like raising invoices.

1. To what extent did you enjoy your work placement or internship?

My work was incredibly varied and interesting and gave me the opportunity to interact with lots of different groups of individuals.

8/10

2. To what extent did you feel valued by your colleagues?

I felt incredibly valued from both my own finance team and the wider project team I worked as part of in relation to the GR9 and JUMP programmes.

8/10

3. To what extent were you given support and guidance by management/your supervisor(s)?

Unfortunately at the initial outset of my placement we had staff shortages. This did lead to a lack of support and guidance initially, although this improved drastically towards the end of my placement.

4/10

4. How busy were you on a daily basis?

Due to the initial staff shortages mentioned above, I was incredibly busy although never pushed beyond my capabilities.

4/10

5. How much responsibility were you given during your placement?

Thankfully I was given as much responsibility as I could handle as soon as possible. Initially this seemed like quite a daunting experience but in retrospect it was definitely the best way of me developing my skills as quickly as possible.

8/10

6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

BAE Systems were incredibly generous with respect to the amount of both time and money they plowed into my development. This included both formal training courses, for example MS Excel modules and on the job training through a hand-over period. As a result of the increased responsibility I was given and the fact that I worked closely as part of a project team, I acquired or grew lots of key 'soft skills' which will prove vital in my continual professional development.

9/10

The Organisation

7. What was the general atmosphere in your office?

My office was generally a very relaxed environment although due to the fact that it was over 90% male and probably over 60% being 50+ it was a bit dull for someone in their twenties.

5/10

8. How well organised was the overall work placement or internship set up?

The placement scheme itself was organised very well, with the FLDP management team organising a number of key events for the graduate/industrial placement community. This included annual graduate conferences.

7/10

9. In terms of personal training and development, to what extent did the company or firm invest in you?

As mentioned previously BAE Systems invested exceptionally heavily in my development, both long term and short term.

9/10

10. What were the perks on your work placement?

  • Flexi Time
  • Subsidised Canteen
  • Subsidised/Company Gym
  • National Travel
  • Company Parties/Events
7/10

11. How appealing are future employment prospects within the organisation?

The FLDP scheme offers structured development and continual progression through the finance function inside the company. I've also already been offered a graduate role.

10/10

Social

12. Was there a good social scene amongst any fellow placement students/colleagues?

In my particular placement very limited as there was only two industrial placement students on my site.

3/10

13. What was the cost of living and socialising in the area you worked in?

Where I lived was in Surrey, on commuter belt and consequently prices were very expensive. I know of one industrial placement student who needed to a student loan to get by.

3/10

14. What was the Nightlife like in the area you worked?

In the immediate area where I worked nightlife was almost non existant but I could get a 40 min train into London and Guildford was a 10 min drive.

6/10

15. Were there many opportunities to get involved in activities outside of work?

Again, due to the somewhat skewed demographic in my office and the lack of other placement students.

2/10