BMW UK, Farnborough - Finance & Pensions - 13 Month Placement (July 2025)

FUTURE IS THE BEST INVESTMENT PROJECT.

SHARE YOUR PASSION.

Always under control, always with passion: those who want to shape the future need to keep track especially when it comes to goal-oriented corporate management. Thanks to extensive training and qualified teams, our finance colleagues create decisive added value for the BMW Group anew every day because they know what really counts.

Summit ONE in Farnborough is home to the National Sales Company for the BMW Group in the UK, as well as BMW Group Financial Services which offers retailers, corporate and private customers a range of customised financial services. Alphabet (GB) Ltd. as a leading provider of Business Mobility Services is also located in Farnborough. 

Within our self-contained campus, we offer a modern way of working with an empowering office culture, some aspects of which include:

• Our work persona shift – being yourself is effortless and so increases efficiency.
• Flexible working hours - working flexibly improves mental perspective and increases sustained productivity. This means our leaders maintain balance, not burnout, through focusing on output, not attendance.
• The opportunity to get involved with our continued support to our house charity with a variety of fundraising events throughout the year.
• Throughout our offices there are open creative spaces which hold facilities such as table-tennis tables to encourage innovation and employee engagement.

BMW UK, Farnborough – Finance & Pensions - 13 Month Placement (July 2025)

At Farnborough, we have an opportunity in each of our Finance, and Pensions team.

The Finance department at BMW UK are responsible for all Accounting and Controlling activities for the UK and Irish National Sales Companies of the BMW Group. As a diverse team of around 25 people, we work with all areas of the business to profitably steer the company in order to achieve our financial objectives. We are responsible for all operational aspects, ensuring the efficient day-to-day running of the finance processes, and accurate financial reporting, both internally and externally. We are constantly looking to increase our efficiency and smarter ways of working.

• Participate in the Finance month and year end processes to ensure timely and accurate recording of entries in financial accounting systems.
• Support Finance projects. This can include identifying potential projects, providing expertise to on-going projects, and taking ownership of projects from end-to-end. In particular, focusing on the areas of process improvement and simplification.
• Act as key contact for SAP users across all areas of the business, supporting them with system requests and providing advice and guidance. This will also help develop an understanding of the wider business and provide a great networking opportunity.

The Pensions team is responsible for supporting the Trustees in their responsibilities in respect of BMW Group’s defined benefit (DB) pension schemes in the UK. We provide accounting services to the Trustees which involves preparing regular management accounts and ensuring that the accounting records reflect the latest asset values and transactions.

• Support in the preparation of management accounts and balance sheet reconciliations, as well as the tracking and monitoring of investment management expenses.
• Support the administration associated with the pension schemes’ investments. This includes liaising with investment managers to ensure that the relevant documentation is in place, as well as helping to prepare for Trustee Investment Committee meetings.
• Exposure to and involvement in a wide variety of pensions, asset management and accounting activity.

Qualifications & Skills:

• Studying for a Bachelor's degree and on track to achieve a 2:2 or above in a relevant numerical discipline such as, but not limited to, Accounting, Finance, Economics, Finance and Business, Mathematics.
• A-level results and including at least one numerical based A Level such as Maths, Economics or Accounting.
• Strong numerical ability to understand and check calculations.
• Good organisational and time management skills.
• Highly self-motivated and an ability to work well under pressure.
• Experience of using Microsoft Suite such as; Excel, Word and PowerPoint.

Why choose us?

• Great Pay – A competitive annual salary of £23,700, 27 days holiday per annum (pro rata to your contract) and an attractive pension scheme.
• Rewarding Work-Life Balance – Contracted working hours are 37.5 hours a week, Monday to Friday, helping you develop a fulfilling work-life balance.
• Exciting Additional Benefits – You will have the opportunity to enjoy other employee benefits, including a subsidised on-site restaurant and access to our Advantages scheme which gives you a range of offers and discounts.

What do you need to do now?

If you apply, the next stages of the recruiting process could include: online testing, video interview and then a face to face, telephone or virtual interview with the hiring manager. This may be in the form of an assessment centre.

Please note:

We operate rolling recruitment, this means we may close the application window earlier than identified, if sufficient applications are received, so please apply early to avoid disappointment.

Once you make your application you will be automatically sent cognitive tests (via Eligo) for completion before we have had the opportunity to determine your eligibility for the role.  Please be aware that if you complete the tests and you are not eligible your application will not be processed any further. If you need support in undertaking the tests please email us at FutureTalentRecruitment@bmwgroup.com. 

To be eligible for this position, you must be returning to your studies, for a minimum of 6 months, after completion of this placement. You must be able to provide proof of your legal right to work in the UK.  

We are committed to promoting equal opportunities in employment and job applicants will receive equal treatment regardless of disability, age, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, gender, sex or sexual orientation.

Closing date for applications:   Saturday 30th November 2024

Any further questions? Email us on FutureTalentRecruitment@bmwgroup.com