At a Glance
- Tasks: Prepare financial accounts and regulatory reports for VW Bank UK Branch.
- Company: Join Volkswagen Financial Services, a leader in innovative mobility solutions.
- Benefits: Enjoy a competitive salary, bonus, pension contributions, and flexible working options.
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: Qualified Accountant with experience in IFRS and German GAAP.
- Other info: Access to professional development and mentoring opportunities.
The predicted salary is between 39000 - 39000 £ per year.
About The Role
SALARY: From £39,000 pa dependent on experience
LOCATION: Milton Keynes
HYBRID WORKING: Our current hybrid working policy requires a minimum of 60% of working time to be based in the Milton Keynes office however flexibility is expected to meet the needs of the business and the role.
HOURS / CONTRACT TYPE: Part time FTC, 32 hours per week, ending 31/12/27
CLOSING DATE: 22/04/26. We reserve the right to close the advert earlier if we receive a high volume of applications.
We’re looking for a Financial Accountant, in this role you will play a key role in supporting the financial control and regulatory framework of the organisation. You will be responsible for producing accurate and comprehensive supporting schedules for the monthly management accounts and regulatory submissions for Volkswagen Bank GmbH UK Branch.
What you’ll be doing:
- Prepare monthly management accounts, disclosure information, and variance analysis for VW Bank UK Branch in accordance with IFRS and German GAAP, up to management review.
- Analyse, reconcile, and investigate balance sheet and P&L positions to ensure accuracy and completeness, proposing correcting entries where required.
- Produce regulatory reports for VW Bank UK Branch for submission to HQ, including liquidity, solvency and deposit guarantee reporting.
- Review and update all regulatory submissions to reflect changes required by the regulator, HQ, or the Bank team.
- Prepare regulatory and statutory submissions for VWFS UK Ltd. to the Financial Conduct Authority (FCA) and the Office for National Statistics (ONS).
- Ensure all intercompany balances are accurately accounted for, reconciled, and reported each month, including preparation of the monthly Intercompany Pack for management review.
- Complete VAT schedules accurately for review by the Tax Team, resolve queries collaboratively, implement VAT changes (including updates to the online tax tool), and support timely VAT return submissions.
Essential experience & skills:
- Qualified Accountant (ACCA, CIMA or ACA).
- Experience preparing accounts under both IFRS and German GAAP.
- Strong ability to work with large and diverse data sets, consolidating information into accurate final submissions.
- Proven experience managing relationships with multiple stakeholders across the business.
- Solid technical accounting knowledge, including exposure to regulatory reporting and taxation.
- Proficient in Microsoft Office applications, with strong Excel skills.
- Working knowledge of SAP FI is preferred.
What’s in it for you?
- Bonus: Discretionary 10% on-target bonus (based on personal and Group company performance)
- Pension: Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution.
- Car schemes: Choice of Employee Car Ownership (ECO) scheme for petrol/diesel and hybrid vehicles plus car insurance. OR Company Car scheme for Battery Electric Vehicles (BEVs) plus car insurance cover for you and a partner/eligible family member.
- Other benefits: From day 1 we provide income protection, life assurance (4x salary), retail discount vouchers, access to Care Concierge (a service to support carers of adults), along with other salary sacrifice options including a will writing service and cycle to work (subject to scheme restrictions).
- Following successful completion of probation, you will have access to private medical insurance for you (with the option to buy additional family cover), access to our loan car scheme for up to 2 cars for your partner or eligible family members (subject to scheme restrictions) and during our annual benefit window you can purchase critical illness cover and dental cover, so you can select the benefits that matter to you.
- We invest in our people and are passionate about driving development. You’ll have access to LinkedIn Learning via our Degreed platform as well as a host of professional development programmes and opportunities to build your technical and soft skills so you can further develop your career. We also offer mentoring schemes and reciprocal partnerships recognising that we can all learn from each other in the flow of work.
VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity & Inclusion isn’t just a statement for us, we encourage and aspire for all our colleagues to be their 100% self. If you need any reasonable adjustments to assist you with the application and/or recruitment processes, please contact our Resourcing Team.
This role does not meet the UKVI’s criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.
Financial Accountant - Bank - Milton Keynes in Tingewick employer: Volkswagen Financial Services
Contact Detail:
Volkswagen Financial Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant - Bank - Milton Keynes in Tingewick
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at VWFS or similar companies. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of IFRS and German GAAP. We want you to feel confident discussing your experience with financial reporting and regulatory submissions.
✨Tip Number 3
Showcase your soft skills! Being able to manage relationships with stakeholders is key. Think of examples from your past roles where you’ve successfully collaborated with others and be ready to share them.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to connect directly with us.
We think you need these skills to ace Financial Accountant - Bank - Milton Keynes in Tingewick
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your experience with IFRS and German GAAP, and don’t forget to showcase your strong Excel skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at VWFS UK. Share specific examples of your past experiences that align with the job description. We love a good story!
Showcase Your Technical Skills: Since this role involves a lot of technical accounting, make sure to highlight your solid technical knowledge and any experience with SAP FI. We’re looking for someone who can hit the ground running, so let us know what you’ve got!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be all set!
How to prepare for a job interview at Volkswagen Financial Services
✨Know Your Numbers
As a Financial Accountant, you'll be dealing with figures all day long. Brush up on your knowledge of IFRS and German GAAP before the interview. Be ready to discuss how you've applied these standards in your previous roles, and maybe even prepare a few examples of how you’ve tackled complex financial issues.
✨Showcase Your Stakeholder Skills
This role involves managing relationships with various stakeholders. Think about times when you've successfully collaborated with others to achieve a common goal. Prepare to share specific examples that highlight your communication skills and ability to work with diverse teams.
✨Excel at Excel
Strong Excel skills are a must for this position. Before your interview, make sure you're comfortable discussing advanced Excel functions and how you've used them in your past work. You might even want to bring along a sample report or analysis you've done to demonstrate your proficiency.
✨Understand the Company’s Mission
VWFS UK is all about making mobility easy for everyone. Familiarise yourself with their mission and think about how your role as a Financial Accountant contributes to that goal. Being able to articulate how your work aligns with the company's objectives will show that you're not just looking for a job, but that you're genuinely interested in being part of their mission.