Trainee Commercial Finance Analyst in Coventry

Trainee Commercial Finance Analyst in Coventry

Coventry Trainee 30000 - 42000 £ / year (est.) No working from home possible
Stellantis

At a Glance

  • Tasks: Collaborate on finance reporting, manage budgets, and support month-end processes.
  • Company: Join Stellantis, a leading name in the automotive industry.
  • Benefits: Gain valuable experience with a competitive salary and professional development opportunities.
  • Other info: 12-month FTC with opportunities for growth and learning.
  • Why this job: Make an impact in finance while working in a dynamic automotive environment.
  • Qualifications: Knowledge of management accounting and a passion for finance is essential.

The predicted salary is between 30000 - 42000 £ per year.

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, 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

Ideal Candidate

  • 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

Stellantis is proud to be an equal opportunity employer. We are committed to equal employment opportunity and equal pay regardless of race, colour, religion, sex, national origin, sexual orientation, disability, or gender identity. Stellantis are also accredited with the Defence Employer Recognition Scheme (ERS) Gold Award, that recognises organisations that pledge, demonstrate or advocate support to the armed forces community. Please contact our recruitment team if you would like to discuss anything further or if you require any form of reasonable adjustments for any part of the recruitment process.

Trainee Commercial Finance Analyst in Coventry employer: Stellantis

Stellantis is an exceptional employer that fosters a collaborative and inclusive work environment, particularly for those in 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 closely with experienced finance professionals in the dynamic automotive industry. Located in a vibrant area, Stellantis not only values diversity and equal opportunity but also actively supports the armed forces community, making it a meaningful place to build your career.

Stellantis

Contact Details:

Stellantis Recruitment 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! Brush up on management accounting principles and be ready to discuss how they apply to the automotive industry. Show us you’re passionate about finance and the role!

Tip Number 3

Practice makes perfect! Do mock interviews with friends or family. Focus on articulating your experience and how it relates to the responsibilities listed in the job description. Confidence is key!

Tip Number 4

Don’t forget to follow up! After your interview, send a thank-you email to express your appreciation for the opportunity. It shows professionalism and keeps you fresh in their minds. And remember, apply through our website for the best chance!

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
Reconciliations

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 qualifications or experience in management accounting, especially if you’ve worked in the automotive industry.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how your background aligns with the responsibilities listed in the job description. Don’t forget to mention your enthusiasm for working with Stellantis!

Showcase Your Analytical Skills:Since this role involves a lot of reporting and analysis, be sure to include examples of how you've used your analytical skills in previous roles. Whether it's variance analysis or budget preparation, we want to see your expertise!

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes straight to us, so we can review it promptly!

How to prepare for a job interview at Stellantis

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 or budget preparation. This shows you're not just familiar with the concepts but can apply them practically.

Research Stellantis

Understanding the automotive industry, especially the aftersales division of Stellantis, will give you an edge. Familiarise yourself with their recent developments, challenges, and how they fit into the broader market. This knowledge will help you answer questions more effectively and demonstrate your genuine interest in the company.

Prepare for Scenario Questions

Expect questions that ask how you would handle specific situations, like managing supplier invoices or supporting month-end processes. Think of examples from your past experiences where you've successfully navigated similar tasks, even if they were in different contexts. This will showcase your problem-solving skills.

Show Your Analytical Skills

Since the role involves a lot of analytical work, be prepared to discuss your experience with data analysis and reporting. Bring examples of how you've used data to make decisions or improve processes. If you have any relevant projects or coursework, mention those to highlight your capabilities.