Job Description
We foster a learning environment where our Apprentices can develop and grow throughout their time with us. Our experts and mentors treat you as part of the team from day one, encouraging you to contribute your ideas and giving you the opportunity to showcase your skills.
Our Summit ONE campus 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, featuring:
* Our work persona shift – being yourself is effortless, increasing efficiency. We allow our employees to express themselves through our dress for your diary approach.
* Blended Working – a blended working approach improves mental perspective and increases sustained productivity. Our leaders ensure our apprentices maintain balance, not burnout, by focusing on their output, not attendance.
* The opportunity to participate in our house charity with various fundraising events throughout the year. You will also have the opportunity to be involved in our DE&I network groups.
* Throughout our offices, there are open creative spaces holding facilities such as table tennis tables, darts, and football tables to encourage employee engagement and networking.
BMW Financial Services, Farnborough – Level 3 Financial Accounting Apprenticeship – 18 months
This position supports the financial accounting team with the analysis and preparation of Profit & Loss, balance sheet, and statistical values to support the monthly delivery of timely and accurate reporting for BMW Financial Services (GB) and BMW Financial Services (Ireland) to BMW Group Headquarters.
Key Responsibilities
* Bank reconciliations – monitoring, control, and reconciliation of multiple bank accounts.
* Balance sheet reconciliations – ownership of the reconciliation and resolution of exceptions of several balance sheet accounts.
* Preparation and posting of journals within the contract management and financial reporting systems.
* Preparation and reconciliation of VAT postings within the contract management systems.
* Provide analysis for management for unresolved bank suspense issues.
* Support the financial accounts team with monthly reporting process to BMW Group headquarters.
* Support continuous improvement process within department, including documentation of processes.
* Gain specific knowledge of BMW Financial Services financial processes and accounting methodologies.
Qualifications and Requirements
* A minimum of 5 GCSEs (or equivalent) at Grade C or Grade 5 (or above), including Maths and English.
* Ideal student would have recently completed at least one numerical/business A/AS level e.g. Maths, Economics, Business studies etc.
We value attitude and behaviours just as much as vocational and academic success when selecting the right apprentices. In addition to the qualifications we require, we'll also look for you to possess a range of skills, attributes, and behaviours, including team working, quality focus, good communication skills, enthusiasm, initiative, and the ability to take on responsibility and show accountability for your work.
Why Choose Us?
* Competitive Salary and Benefits – A competitive salary enhanced every six months depending on individual progress and performance starting at circa £16,655 rising to over £21,000 at the end of the programme. You will also receive 27 days holiday (pro rata to your contract) and access to an attractive pension scheme.
* Rewarding Work-Life Balance – You will have a 37.5 hour working week. Start and finish times will vary to meet the needs of your work-based placements and college hours.
* Development Potential – In the UK, we invest around £3 million per year in vocational and professional training for our employees. This means we invest in you, giving you the relevant BMW specific training that you will require to be an active member of our team.
* Networking Opportunities – Throughout your apprenticeship, you will be supported by our experts and many fellow apprentices. With around 8,000 employees and all three of the BMW Groups brands being represented in the UK, there are numerous opportunities to create meaningful working relationships.
Next Steps
If this sounds like the opportunity for you, then apply today using the link below:
You'll be asked to create a profile, complete the eligibility questions, and upload evidence of your required qualifications. There's no need to provide a CV. When prompted during the application process, please upload a single sheet detailing your name, address, and current/most recent school. If you meet the eligibility requirements, we'll invite you to the next stage of the process, which includes a Video Interview and a face-to-face Assessment Centre with BMW Group.
Please Note:
To be eligible for this position, you must have lived in the UK for three years prior to the start of the apprenticeship and 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 age, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex, or sexual orientation.
Closing date for applications: 9th March 2025