Accounting Controls Undergraduate Placement

Overview

Location: Milton Keynes

Organization: Volkswagen Financial Services (UK)

Closing Date: 30 September 2025

Salary: £22,912pa

Contract: 12-13 months FTC Start dates are usually in June/July

Hybrid working: We operate a hybrid policy where undergraduates work in the office 3 days per week. There may be times where you will need to be in more frequently depending on the needs of the business.

Eligibility

To apply for our undergraduate placement scheme, you must be studying for an undergraduate degree that requires a placement year. Master’s students are not eligible for this placement.

Please consider before applying if you live more than 60 minutes away from postcode MK15 8HG, that you would need to relocate to either Milton Keynes or be a commutable distance (within 60 minutes commute).

We’re looking for an undergraduate to join our Finance team as an Accounting Controls undergraduate. You will have the chance to contribute to a fast-paced environment and develop invaluable skills in data analysis, collaboration, and communication. If you\’re eager to kick-start your career, possess a good understanding of numerical concepts, and have a genuine passion for the field, we want to hear from you!

What will you be doing?

• You’ll be responsible for ensuring accurate accounting of all financial products including managing daily and monthly financial tasks
• You’ll collaborate closely with various departments, such as Finance, Controlling, IT, and others
• As part of the team you’ll generate postings and analyses at month-end, performing balance sheet reconciliations, and identifying opportunities for process improvements and system changes
• Carry out analysis to deliver operational / management information to differing audiences
• Build, update and support with process improvements

What are we looking for?

• Currently studying a degree in Finance, Economics, or business-related field
• Excellent knowledge of Excel and Office applications and keen to expand your knowledge and expertise
• Strong analytical mindset and excellent problem-solving capabilities
• Excellent written and verbal communication skills with the ability to manage relationships with multiple stakeholders
• Self-motivated, with excellent organisational skills and ability to use own initiative
• A proactive and flexible approach with the ability to react appropriately and effectively to changing circumstances and demands
• Ability to work both independently and effectively within a team
• Eye for detail and focus on accuracy

Benefits and development

Why apply for an undergraduate placement with VWFS?

Here at VWFS you\’ll be able to kick start your professional experience in the workplace. We take on 49 undergraduates each year which we find really helps our undergraduates as you all go through the programme, building your knowledge and networks together.

What you’ll also benefit from

• A focus on personal development with access to LinkedIn Learning via our ‘Degreed’ platform and a bespoke development programme throughout your placement year delivering personal management, technical and soft skills including building successful relationships, presentation skills, IT skills and data literacy.
• A supportive environment and network of colleagues to help you get your best out of the year – in a recent survey, 100% of our undergraduates said they felt valued and supported.
• The opportunity to work on real life business projects and deliver impact around topics like sustainability.
• Subsidised onsite canteen and coffee shop
• Subsidised onsite restaurant with a range of hot and cold breakfast and lunches.
• Employee Resource Groups supporting an inclusive workplace
• Social gatherings and team events & volunteering opportunities.
• Physical and mental health support with our Onsite Wellbeing Centre

Discretionary Benefits Include

• Bonus: Discretionary bonus based on both personal and Group company performance (pro-rated)
• Car schemes: The opportunity to join our popular car scheme plus car insurance cover.
• Pension: Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution. From day 1 we provide income protection, life assurance (4x salary), will writing, retail discount vouchers, access to Care Concierge (a service to support carers of adults). Private medical insurance is available following successful completion of probation.

What Our Recruitment Process Looks Like

• Apply and upload your CV, covering letter and answer a few application questions.
• You’ll be invited to complete a Situational Judgement Test. This is a short multiple-choice question set to help us understand how you may approach situations.
• If you pass this stage, you will be invited to complete an online video interview where you will have the opportunity to tell us more about yourself.
• If successful, your last step in the journey is to attend an in-person Assessment Centre at our Milton Keynes office. You’ll also meet some of our managers and our current undergraduates to find out more about a placement year with us.

Please note: Our undergraduate placement roles do not meet the UKVI’s criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.

Please do not apply for more than one placement role with us. This will ensure that you are considered for the placement that you are most interested in, and your skills are aligned to.

Position Details

• Seniority level: Internship
• Employment type: Full-time
• Job function: Accounting/Auditing and Finance

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