Financial Accountant

INNOVATION IS IMAGINING WHAT NO ONE ELSE CAN

SHARE YOUR PASSION FOR EXCELLENCE

Everything starts with passion at the BMW Group. It turns a profession into a vocation.  It drives us to keep reinventing mobility and to bring innovative ideas onto the roads. Enthusiasm for joint projects turns a team into a strong unit where every opinion is valued.  It is only when expertise, highly professional processes and enjoyment of work are united that we can shape the future together.  Whatever your heart’s desire – in the BMW Group, you will find a wide range of departments and disciplines across the world where you can share your professional passion with us.

Financial Accountant

This broad role is primarily responsible for the internal and external financial reporting for the National Sales Companies at BMW in the UK and Ireland, and supporting key transformation projects (e.g. TNR, GFBB). Working across the Finance department and wider business, the role provides a great overview of the financial results and operational finance processes.

What awaits you?

• Ensure delivery of high-quality financial reporting and accounting packages (including disclosures), in accordance with IFRS and the Group Chart of Accounts, are made on time to HQ, for both the UK and Ireland NSC’s (‘National Sales Companies’). This includes both actuals and forecast/budget submissions.
• Act as the key point of contact for external audits, and co-ordinate the deliverables internally, liaising across the Finance department and wider business, where necessary. This consists of a half-year review, interim audit, and year-end audit.
• Prepare the annual financial statements for the UK and Ireland NSC’s, and Park Lane, ensuring these are prepared in accordance with IFRS.
• Advise the Finance department and wider business to ensure all accounting entries are compliant with UK/IE legislation, IFRS, BMW Group Accounting Guidelines and Tax legislation.
• Prepare key judgemental accounting entries and reconciliations, such as warranty and stock provisions, and technical accounting topics such as IFRS 16, and pensions.
• Prepare and review certain monthly Balance Sheet and system interface reconciliations to ensure to ensure that accounts are fully reconciled.
• Review and challenge month and year-end processes to ensure timely and accurate recording of entries in financial accounting systems. Propose and implement recommendations to improve process efficiencies.
• Collaborate with business and IT partners to ensure that finance considerations are implemented correctly within projects, and act as a Finance SME for entries in financial systems.
• Support the Finance department with significant transformation projects (e.g. The New Retail, Group Finance Backbone).

What should you bring along?

• Fully qualified chartered accountant (ACA/ACCA).
• Strong Excel skills.
• Strong interpersonal skills with the ability to interact at different levels within BMW Group and externally.
• Ability to lead and motivate others to meet tight deadlines and achieve a high standard of quality.
• Ability to handle pressure whilst prioritising multiple tasks and meeting deadlines.
• Experience of working in an external audit firm, ideally Big Four.
• Working knowledge of SAP and the operation of Shared Service Centres advantageous.
• Good understanding of key finance risks, processes and controls.

Closing Date:

As a part of the BMW Group, a career with BMW (UK) Ltd can offer long term opportunities for growth and development locally, nationally and internationally. The BMW Group invests in its employees and boasts a positive and supportive culture and flexible working environment. We are based in prestigious offices in Farnborough that provide a great place to work with good people and exciting, engaging and industry leading brands.

At BMW Group, we are committed to offering our employees the right balance between work and personal life. We pride ourselves on being a flexible employer and for most roles, it could be possible to agree flexible hours, job share, compressed hours or part-time working hours and so please discuss your individual requirements as part of the application process so we can try to agree a suitable arrangement. [For this role, we also support a hybrid model which combines remote and office working.] #LI-Hybrid

Successful candidates will be required to complete background screening checks and the offer of employment will be subject to results which we consider are satisfactory. Checks will include references, right to work, IT system Compliance Integrity Check (COIN), CV and relevant qualifications. Checks may also include criminal records, adverse financial (credit), directorships, address, internet research and/or driving licence. If you have any queries on any of these checks, please discuss with us and we will be happy to go through with you in more detail.

We are proud to be a part of the Disability Confident scheme. The scheme supports employers to make the most of the talents disabled people can bring to the workplace.