Accounting - Internship

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.

Our Summit ONE in Farnborough is home to BMW Group Financial Services, which offers retailers, corporate, and private customers a range of customized financial services. This division comprises BMW Financial Services (GB) Limited and Alphabet (GB) Limited, working together to deliver comprehensive mobility and financial solutions.

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 Financial Services GB, Farnborough – Accounting - 13 Month Placement (July 2026)

We have 3 placements across our Accounting teams.  The teams have significant exposure to the operational aspects of accounting that are critical for the effective management and control of BMW Group Financial Services, which comprises of 3 automotive finance businesses across the UK and Ireland, with over 550,000 retail contracts, 150,000 corporate contracts and Balance Sheets totalling £16 billion.

Our two Financial Accounting teams prepare the statutory financial statements, analyse and reconcile all P&L, bank and balance sheet accounts, and control the accurate posting of all transactions into the nominal ledger to support the delivery of timely and accurate monthly reporting BMW Group Headquarters.   The role will include:

• Reconciliation and control of specific bank and balance sheet accounts, incorporating analysis of postings within the accounts and journal preparation and posting.
• Complete the month-end financial reporting to BMW Group Headquarters for local entities.
• Support the business and assist with customer management and issue resolution from a financial perspective.
• Involved in financial accounting projects and enhancements as they occur, ensuring compliance with national legislation, IFRS’s, and BMW Group Accounting Guidelines.

The Group Accounting Services team’s responsibilities are wide ranging and include transactional banking and cash management, making payments, daily bank reconciliations and supplier accounts payable/accounts receivable matters. Around £15 billion of transactions are made annually, with every one being accounted for by the Group Accounting Services team!

• Daily internal and external bank reconciliations including the timely allocation of payments received to Customer ledgers and investigation of any unallocated funds with various departments and banking partners.
• Raise invoices to external companies and BMW Group entities, ensuring the timely collection of funds within agreed payment terms.
• Ensure all daily payment and collection files are approved in accordance with the company Authorisation Policy and processed via internal and external transactional banking partners.
• Calculation, reconciliation and processing of retailer and partner commission payments.

What should you bring along?

• Studying towards a Finance, Accounting or Economics degree or, alternatively, a numerical discipline (i.e. Mathematics, Sciences or Engineering) with a demonstrable interest in financial topics. Predicted grade of 2:2 or higher
• Strong A Levels in numerical subjects.
• Strong communication skills including the ability to tailor style and level of detail for your audience.
• Good organisational, time management and prioritisation skills.
• Analytical, innovative and objective approach to problem solving.
• Good knowledge of Microsoft Office products, especially Excel and PowerPoint.
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What can you look forward to?

• Great Pay – A competitive annual salary of £25,300, 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.
• Exciting Additional Benefits – You will have the opportunity to enjoy other employee benefits, 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 include online testing, an in person assessment centre and then a virtual interview with the hiring manager.

Please note:

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: Friday 31st October 2025

Any further questions? Email us on recruitment-uk@bmwgroup.com