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For Companies At a Glance
- Tasks: Manage daily cash sheets, investigate discrepancies, and collaborate on finance projects.
- Company: Join Volkswagen Financial Services, a leader in the automotive finance sector.
- Benefits: Competitive salary, personal development opportunities, and a supportive work environment.
- Why this job: Kickstart your finance career with real-life projects and a strong support network.
- Qualifications: Studying finance or economics, with intermediate Excel skills and a detail-oriented mindset.
- Other info: Enjoy hybrid working, social events, and health support throughout your placement.
The predicted salary is between 22912 - 22912 £ per year.
Overview
Join to apply for the Treasury Accounting & Finance Undergraduate Placement role at Volkswagen Financial Services (UK).
Location: Milton Keynes
Closing Date: 30th September 2025
Salary: £22,912.50 pa
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 when you will need to be in more frequently depending on business needs.
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; you would need to relocate to Milton Keynes or be a commutable distance (within 60 minutes).
We are looking for a Treasury Accounting & Finance Undergraduate to join our team. In this role you will balance daily operational duties as well as being responsible for monthly tasks including reporting, data investigations, and reconciliations. We are looking for someone with excellent communication skills, who can collaborate with the wider Treasury and Structured Finance teams on various projects.
What will you be doing?
- Preparing and managing daily cash sheets and payments to strict deadlines
- Investigating differences between the forecast and actual closing balances each day and explaining your findings
- Working closely with the Treasury team regarding daily cash flow and loan/deposit requirements
- Ensuring payment requests for all maturing loans are prepared and signed daily, including the planning of Finance Management signature availability
- Accurately maintaining the loan portfolio spreadsheets to ensure that all loan liabilities are recorded, resolving differences, and providing commentary on exceptions
- Maintaining and monitoring the Treasury Mailbox, responding to any internal and external queries arising
What are we looking for?
- Working towards a Finance or economics related degree or qualification
- You will have an intermediate level of Excel
- Eye for detail and focus on accuracy and statistical problem-solving skills
- Self-motivated and a strong team player who is open to new challenges
- Effective communication skills to collaborate both internally and externally and across various levels within the business
- Confident in stakeholder management
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.
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.
Seniority level
- Internship
Employment type
- Full-time
Job function
- Finance and Sales
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Treasury Accounting & Finance Undergraduate Placement employer: Volkswagen Financial Services (UK)
Contact Detail:
Volkswagen Financial Services (UK) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Treasury Accounting & Finance Undergraduate Placement
✨Tip Number 1
Get to know the company! Before your interview, do a bit of research on Volkswagen Financial Services. Understand their values, recent projects, and how they operate. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Practice makes perfect! Prepare for common interview questions related to finance and teamwork. Think about your experiences and how they relate to the role. We recommend doing mock interviews with friends or using online resources to boost your confidence.
✨Tip Number 3
Show off your Excel skills! Since the role requires an intermediate level of Excel, be ready to discuss your experience with it. Maybe even mention specific functions or projects where you've used Excel effectively. This will demonstrate your readiness for the tasks ahead.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a quick thank-you email to express your appreciation for the opportunity. It’s a nice touch that can set you apart from other candidates and shows your enthusiasm for the role.
We think you need these skills to ace Treasury Accounting & Finance Undergraduate Placement
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Treasury Accounting & Finance role. Highlight relevant coursework, skills, and any experience that aligns with what we’re looking for. This shows us you’re genuinely interested and have the right background!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about this placement and how your skills can contribute to our team. Keep it concise but impactful – we want to see your personality come through!
Prepare for the Situational Judgement Test: This test is all about how you approach different scenarios. Familiarise yourself with common workplace situations and think about how you’d handle them. We’re looking for problem-solving skills and good judgement, so be ready to showcase those!
Practice for the Video Interview: The video interview is your moment to tell us about yourself! Practice answering common questions and make sure you’re comfortable speaking on camera. Remember, we want to see your enthusiasm and communication skills, so let your personality shine!
How to prepare for a job interview at Volkswagen Financial Services (UK)
✨Know Your Numbers
Brush up on your finance and accounting basics, especially anything related to cash flow management and reconciliations. Be ready to discuss how you would handle daily cash sheets and any discrepancies you might encounter.
✨Excel Skills Are Key
Since the role requires an intermediate level of Excel, make sure you can confidently talk about your experience with spreadsheets. Practise using formulas, pivot tables, and data analysis techniques so you can impress during the technical questions.
✨Communication is Crucial
Prepare examples of how you've effectively communicated in team settings or resolved conflicts. This will show that you can collaborate well with the Treasury team and manage stakeholder relationships, which is vital for this role.
✨Show Your Problem-Solving Skills
Think of specific instances where you've had to investigate issues or solve problems, particularly in a financial context. Being able to articulate your thought process will demonstrate your analytical skills and attention to detail.
