At a Glance
- Tasks: Join our finance team to manage and control accounting operations for BMW Group Financial Services.
- Company: Be part of BMW, a leader in innovative mobility and financial solutions.
- Benefits: Enjoy a competitive salary, 27 days holiday, and great work-life balance.
- Other info: Flexible working hours, creative office spaces, and opportunities for personal growth.
- Why this job: Gain hands-on experience in accounting while contributing to impactful financial projects.
- Qualifications: Studying Finance, Accounting, Economics, or a numerical discipline with strong A Levels.
The predicted salary is between 21300 - 29300 £ per year.
YOUR INTERSHIP. START WITH WHAT SHAPES YOU.
The Finance department at BMW UK are responsible for all Accounting and Controlling activities for the UK and Irish National Sales Companies of the BMW Group. With a diverse team of around 25 people, we work with all areas of the business to profitably steer the company, and achieve our financial objectives. We are responsible for all operational aspects ensuring the efficient day-to-day running of the finance processes, and accurate financial reporting, both internally and externally. We are constantly looking to increase our efficiency and smarter ways of working.
What awaits you?
Provide financial process support to the Accounting & Reporting Manager, to assist with the management of accounting for BMW UK and Ireland, as well as the other teams of the Finance department to identify and drive process efficiencies. Key responsibilities include:
- Participate in the Finance month and year end processes to ensure timely and accurate recording of entries in financial accounting systems.
- Perform daily validation of interfaces into the SAP Finance system from source systems to ensure that information is correctly input in both systems.
- Support Finance projects. This can include identifying potential projects, providing expertise to on-going projects, and taking ownership of projects from end-to-end. In particular, focusing on the areas of process improvement and simplification.
- Prepare the monthly control account reconciliation templates and tracking reports, update of data, and status report to management after the review deadline.
- Support the provision of information as required to internal and external auditors to ensure the accuracy of financial statements.
- Support the team with preparation of monthly Management Reporting pack. This includes updating PowerPoint slides with charts/comments as needed for review.
- Act as key contact for SAP users across all areas of the business, supporting them with system requests and providing advice and guidance. This will also help develop an understanding of the wider business and provide a great networking opportunity.
- Act as key user for the setup of new users into the department and maintenance of existing users, including system access, hardware requirements etc.
- Act as key contact for Interns around the business on Finance topics, with shared viewpoints and experiences this will assist the business with the annual cycle of intern turnover.
- Additional ad-hoc requirements as directed by the Finance Management Team.
What should you bring along?
- S tudying for a degree, preferably in a relevant numerical discipline such as, but not limited to, Accounting, Finance, Economics, Business, Mathematics.
- Ideally interested in a future post-graduation qualification, such as ACA, ACCA, CIMA.
- Good A-level results and on track for a 2:1 degree or higher, based on results to date.
What can you look forward to?
- Great Pay – A competitive annual salary, 27 days holiday per annum (pro rata to your contract) and an attractive pension scheme.
- Rewarding Work-Life Balance – Contracted working hours are37.5 hours a week.
- Exciting Additional Benefits –You will have the opportunity to enjoy other employee benefits, a subsidised on-site restaurant and access to our Advantages scheme which gives you a range of offers and discounts.
What do you need to do now?
Please note:
To be eligible for this position, you must be returning to your studies, for a minimum of 6 months, after completion of this placement. You must be able to provide proof of your legal right to work in the UK.
We are committed to promoting equal opportunities in employment and job applicants will receive equal treatment regardless of disability, age, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, gender, sex or sexual orientation.
At the BMW Group, we place great importance on equal treatment and equal opportunities. Our recruiting decisions are based on the personality, experience, and skills of the applicants.
Start Date: Monday 14th June
Closing date for applications: Sunday 18th October 2026
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Accounting - Placement Year in Farnborough employer: Bayerische Motoren Werke Aktiengesellschaft
At BMW Group in the United Kingdom, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. As a Private Client Underwriter, you will benefit from comprehensive professional development opportunities, competitive remuneration, and a commitment to work-life balance, all within a prestigious automotive environment that champions compliance and customer care.
Contact Details:
Bayerische Motoren Werke Aktiengesellschaft Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Accounting - Placement Year in Farnborough
✨Tap into University Career Services
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We think you need these skills to ace Accounting - Placement Year in Farnborough
Some tips for your application 🫡
Highlight Your Academic Achievements:In the banking and financial services sector, your grades can really make a difference. Make sure to include your latest academic results and any relevant coursework, especially if you’ve studied finance, economics, or related fields. We love seeing strong performance in quantitative subjects!
Showcase Relevant Experience:Even though this is a placement, having some experience—like internships, part-time jobs, or university finance clubs—can set you apart. Talk about any finance-related projects or roles you've held, and quantify your achievements where possible. Think of tangible skills you gained that are applicable to the role!
Tailor Your CV to the Role:This isn’t a one-size-fits-all situation. When crafting your CV, make sure to tailor it specifically for the role at Bayerische Motoren Werke Aktiengesellschaft. Highlight skills like analytical thinking, attention to detail, and any software proficiency—like Excel or financial modelling tools—that could be relevant. We want to see that you’re ready to jump right in!
Craft a Convincing Cover Letter:Use your cover letter to express your motivation for pursuing a placement in banking and financial services at Bayerische Motoren Werke Aktiengesellschaft. It’s a great chance to show your passion for finance and your eagerness to learn from industry professionals. Share why you think this setting is perfect for your personal and professional growth!
How to prepare for a job interview at Bayerische Motoren Werke Aktiengesellschaft
✨Mastering Financial Fundamentals
Since you're diving into the banking and financial services sector, brush up on the basics like financial ratios, market trends, and key economic indicators. Be ready to tackle questions that test your understanding of these concepts — they might even throw in a case study for you to solve on the spot!
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Analytical skills are crucial in banking, so prepare to demonstrate yours. You could be given hypothetical scenarios involving data sets or client portfolios during the interview. Practise walking through your thought process clearly — showing how you approach problems will impress the interviewers at Bayerische Motoren Werke Aktiengesellschaft.
✨Highlight Your Willingness to Learn
As this is a placement, they will want to see your eagerness to learn and grow in the industry. Share examples from your studies or any projects where you showcased your ability to pick up new skills quickly. This will show that you're adaptable and ready to tackle real-world challenges.
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Let your enthusiasm for banking and financial services shine through! Discuss recent news, trends, or developments that excites you, especially those relevant to Bayerische Motoren Werke Aktiengesellschaft. This will not only demonstrate your knowledge but also your genuine interest in the role and company culture.