Trainee Commercial Finance Analyst in Coventry

Trainee Commercial Finance Analyst in Coventry

Coventry Trainee 1200 - 1800 Β£ / month (est.) No home office possible
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At a Glance

  • Tasks: Collaborate on financial reporting, budget preparation, and cost control in a dynamic automotive environment.
  • Company: Join Stellantis, a leading automotive company committed to innovation and inclusivity.
  • Benefits: Gain valuable experience, professional development, and a supportive work culture.
  • Why this job: Kickstart your finance career with hands-on experience in a fast-paced industry.
  • Qualifications: Knowledge of management accounting and a passion for the automotive sector.
  • Other info: 12-month FTC with opportunities for growth and learning.

The predicted salary is between 1200 - 1800 Β£ per month.

The purpose of the role is to collaborate with other finance analysts on all aspects of Service & Tech Centre reporting, general administration, supplier invoices, rebilling, and cost control. Please note this vacancy is a 12 month FTC.

Job Responsibilities:

  • Manage preparation and production of Stellantis Service P&L and reporting to Central Finance
  • Manage preparation and production of Technical Centre accounts along with management information and variance analysis and reporting to Commercial Finance Manager
  • Support coordination, preparation, introduction, and reporting of Stellantis UK Parts and Services Internal Self - Audit and Control process
  • Support control of Parts & Service Fixed cost budget lines, monthly monitoring and variance reporting at director level (monthly balance sheet reconciliations) (10.0M€)
  • Support control of the P&S variable budget lines with monthly monitoring and variance reporting (110M€)
  • Provide full support of month end with creation of relevant accounting journals and reconciliations
  • Support Budget & Forecast preparation for Stellantis Parts & Services contracts
  • Support integration of new systems and simplification initiatives
  • Other ad hoc tasks and responsibilities as required
  • Provide full analytical and administrative support for the preparation of Forecasts, Budgets, Monthly Profit & Loss reporting to Stellantis HQ, presentation and management information for CFO & Parts & Aftersales Directors together with ad hoc analysis & presentation as required
  • Cover day to day tasks of Parts Controller in event of absence
  • Regular interaction with Parts & Aftersales Operational Team and Local Senior Management

The ideal candidate will have:

  • Knowledge of management accounting is required (ideally possess a professional management accounting qualification)
  • An understanding of the automotive industry and particularly the aftersales division of the PSA Group would be advantageous
  • Knowledge of the various aspects of the accounting function
  • Ideally possess a professional qualification in Finance or working towards one

Trainee Commercial Finance Analyst in Coventry employer: Peugeot Sport (Stellantis Motorsport)

Stellantis is an exceptional employer that fosters a collaborative and inclusive work environment, particularly for the Trainee Commercial Finance Analyst role. With a strong commitment to employee growth, you will have access to valuable training opportunities and the chance to work alongside experienced professionals in the automotive industry. Located in a dynamic sector, Stellantis not only values diversity and equal opportunity but also supports its employees through initiatives like the Defence Employer Recognition Scheme Gold Award, making it a rewarding place to build your career.
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Contact Detail:

Peugeot Sport (Stellantis Motorsport) Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Trainee Commercial Finance Analyst in Coventry

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Stellantis on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by knowing your stuff! Research Stellantis, their values, and recent news. This shows you're genuinely interested and helps you tailor your answers to what they care about.

✨Tip Number 3

Practice makes perfect! Get a mate to do mock interviews with you. Focus on common questions for finance roles and be ready to discuss your analytical skills and how you handle budgets and reports.

✨Tip Number 4

Don’t forget to follow up! After your interview, shoot a thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the role.

We think you need these skills to ace Trainee Commercial Finance Analyst in Coventry

Management Accounting
Financial Reporting
Variance Analysis
Budget Preparation
Forecasting
Accounting Journals Creation
Reconciliation Skills
Analytical Skills
Communication Skills
Knowledge of Automotive Industry
Cost Control
Administrative Support
Collaboration Skills
Attention to Detail

Some tips for your application 🫑

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Trainee Commercial Finance Analyst role. Highlight any relevant finance or accounting qualifications, and don’t forget to mention your understanding of the automotive industry if you have it!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Be sure to mention your enthusiasm for working with finance teams and your eagerness to learn.

Showcase Your Analytical Skills: Since the role involves a lot of reporting and analysis, make sure to highlight any experience you have with data analysis or financial reporting. Use specific examples to demonstrate your ability to manage budgets and perform variance analysis.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Peugeot Sport (Stellantis Motorsport)

✨Know Your Numbers

As a Trainee Commercial Finance Analyst, you'll be dealing with P&L statements and budgets. Brush up on your financial terminology and be ready to discuss how you would approach variance analysis. This shows that you understand the core responsibilities of the role.

✨Research Stellantis

Familiarise yourself with Stellantis and its position in the automotive industry, especially in aftersales. Knowing their recent developments or challenges can help you tailor your answers and demonstrate genuine interest in the company.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills, especially related to cost control and budget management. Think of examples from your past experiences where you've successfully managed similar tasks or projects.

✨Show Your Team Spirit

Collaboration is key in this role. Be prepared to discuss how you've worked effectively in teams before, particularly in finance or analytical settings. Highlight your communication skills and how you can support others in achieving common goals.

Trainee Commercial Finance Analyst in Coventry
Peugeot Sport (Stellantis Motorsport)
Location: Coventry
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