Work Placement / Internship

BMW UK, National Sales Company, Farnborough - Finance Team, Pensions - 13 Months (July 2022)


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We be­lieve in cre­ating an envi­ron­ment where you, our placement student, can learn and develop dur­ing your time with us and where you are giv­en your own ar­eas of responsibilities from the start. Our experts and mentors will treat you as part of the team from day one; encour­aging you to bring your own ideas to the table and to give you the opportunity to show what you can re­ally do.

BMW Placements

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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.

What will you be doing?

  • This role gives you a great introduction to the finance and pensions elements of the BMW Group
  • Giving you the opportunity to put your numerate skills into practice you will be given exposure to and involvement in a wide variety of pensions, asset management and accounting activity
  • Within the Accounting and Finance team, you will support in the preparation of management accounts and balance sheet reconciliations, as well as the tracking and monitoring of investment management expenses
  • The majority of the placement will involve supporting the Accounting and Finance team as well as the Asset and Liability manager within BMW’s Pensions department
  • In respect of Asset and Liability management, you will 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 

Qualifications and Experience

  • Studying an undergraduate degree (or equivalent) and on track to achieve a 2:1 or above (preferably in a numerate related discipline)
  • Good organisational and time management skills, and ability to show high attention to detail to every task whilst managing multiple deadlines
  • Ability to adapt working approach depending on specific requirements.
  • Intermediate IT skills preferred in Word, Excel and PowerPoint
  • Team player, helpful, can-do attitude
  • Strong academic background in numerate subjects (e.g. Mathematics)
  • Excellent knowledge of MS Office products, especially Excel and Powerpoint 
  • Strong relationship building skills and exceptional written and verbal communication skills
  • A full UK driving licence is preferable 

Did you know?

Farnborough is home to our BMW, MINI and Alphabet National Sales Centres.

We’re proud of our office environment and achievements, 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 and reduces wasted energy. For this reason we allow our employees to express themselves through the way they dress.
  • 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 to 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.

Why Choose Us?

  • Great Pay – A competitive annual salary of £18,500, 27 days holiday (pro rata to your contract) and a pension scheme.
  • Rewarding Work-Life Balance – Contracted working hours are 37.5 hours a week, helping you develop a fulfilling work-life balance.
  • Exciting Additional Benefits - Throughout your placement you will be supported by our experts and have the opportunity to enjoy other employee benefits.

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Job ID Number: 2100025W
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Opportunity Overview

  • October 31st, 2021
  • £18,500 + benefits
  • 2:1 and above (expected)
  • 13 Months
  • Farnborough
    (Show map)

Disciplines accepted...

  • Analytics
  • Data Science
  • Finance
  • Maths
  • Physics
  • Science
  • Statistics

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