Level 3 Finance Administrator - Farnborough.

  • BMW Group
  • Farnborough, Hampshire
  • £16655 per annum

We believe in creating an environment where our apprentices really can learn and develop during their time with us. 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 giving you the opportunity to really show what you can do.

Vacancy provider logo for GetMyFirstJob Recruitment

  • GMFJ Reference
    242488
  • Wages
    £16,655 p/a
  • Hours
    37.50 per week
  • Date Posted
    14/11/2023
  • Start Date
    22/08/2024
  • Approx. Duration
    18 months

  • Location
    Farnborough
  • Status
    Now Taking Applications
  • Sector
    Financial Services
  • Opportunity Type
    Advanced Level 3
  • Employer
    BMW Group

Description

BMW Financial Services, Farnborough – Level 3 Finance Administrator – 18 months (August 2024)


Our Summit ONE in Farnborough is home to the National Sales Company (NSC) 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. We decided in November 2020 to bring together BMW Financial Services and Alphabet to stay relevant to our customers and continue to succeed in a rapidly changing business environment.

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. For this reason, 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. This means our leaders ensure our apprentices maintain balance, not burnout, by focusing on their output, not attendance.

• The opportunity to get involved with our house charity with a variety of 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 which hold facilities such as table tennis tables, darts, and football tables to encourage employee engagement and networking.


The Commercial Finance Funding team has responsibility for providing market leading support for the wholesale funding to our network of retailers and partners, involving administration, reconciliation, analysis and customer serviced based activities.


What will you be doing?

Key areas of focus include:

Reconciling day to day business within wholesale funding BMW, MINI, Alphera, Rolls-Royce Motor Cars

Investigation and correction of rejected direct debit transactions

Creation of daily payment files (funds to & due from retailers & dealers)

Support Bank reconciliation working with Senior Administrator & Manager and the NSC & Finance

Creation and update of retailer details, including bank mandates, within Commercial Finance Solution System (CFS)

Implementation of interest rate changes within CFS

Stock audits – review & creation of correspondence & appropriate fines

Analysis and action the dual funding reports as well as ensuring our vehicle loan portfolio is accurately represented with vehicle agencies (HPI, Experian)

Effectively work the email inbox & telephone ensuring that all communication is clear & concise


Why choose us?

Great Pay – A competitive salary enhanced every six months depending on individual progress and performance starting at £16,655 rising to over £21,160 at the end of the programme. You will also receive 27 days holiday (pro rata to your contract) and have 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.

Exciting Additional Benefits – You will also have the opportunity to enjoy other employee benefits, including access to our Choices benefits scheme, a flexible benefits scheme where you can select benefits based on your individual needs and lifestyle. In addition, you will also have access to our subsidised on-site restaurants, and if aged 18 and over, you will also have the opportunity to participate in our Preferences Car Scheme (subject to an affordability check).

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 an abundance of networking opportunities allowing you to create meaningful working relationships.


What do you need to do now?

If this sounds like the opportunity for you, you will need to create a GetMyFirstJob account and then complete the short eligibility questions. Make sure your GetMyFirstJob profile includes details of both your achieved and any predicted qualifications. If you meet the eligibility requirements, the GetMyFirstJob team will invite you through to the next stage of the process.


The next stage of the process is a Strengths Video Interview. You can complete this at any time of day during your five-day invitation window and you will be recorded answering a set of questions. There is a practice question at the start and you get multiple chances to record each question, plus the GetMyFirstJob team are on hand to support you and give you lots of top tips and advice! Following this, successful applicants will be shortlisted and invited to a face-to-face Assessment Centre with BMW Group. Provisionally, the Assessment Centre is due to take place week commencing 8th April 2024.


Please note:

To be eligible for this position, 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 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: Sunday 31st March 2024

Any further questions? Email us on opportunities@getmyfirstjob.co.uk


For more information about this vacancy please contact GetMyFirstJob Recruitment on opportunities@getmyfirstjob.co.uk (Ref ID: 242488)

Company website : www.bmwgroup.jobs/uk

When it comes to selecting the right apprentices, it’s as much about attitude and behaviours as it is about vocational and academic success. That’s why in addition to the qualifications we require from you, we’ll also look for you to have a range of skills, attributes, and behaviours. These include team working, the ability to work without close supervision, quality focus, good communication skills, enthusiasm, initiative, and the ability to take on responsibility and show accountability for your work.

Qualifications and Experience

GCSE's in Maths and English (or equivalent) at Grade 5/C (or above


Your Progression

The apprenticeship will provide several different opportunities to support individual career development and will provide the support and guidance necessary to ensure the training is successful.

Whilst developing specialist, on-the-job knowledge, the successful apprentice will achieve the attainment of an AAT Level 3 Diploma in Accounting.

Personal development within the BMW Group never stops! Beginning with vocational courses and continuing with selective training throughout an individual’s career. The BMW Apprenticeship offers multiple career choices and enables an individual to make the most of their abilities.


Marketing and Insights Apprentice from BMW Group

ABOUT GETMYFIRSTJOB AMBASSADOR
Devika

I decided to do an Apprenticeship as the traditional mode of university wasn't the right fit. I need structure, a feeling of being valued and a ...

TRAINING PROVIDER & QUALIFICATION
Level 6 Chartered Management Degree Apprenticeship - Oxford Brookes University in partnership with Abingdon and Witney College
SKILLS GAINED
Self confidence Critical Thinking Seizing opportunities Presentation skills Analytical Skills

"From 3D printing components that aid the manufacture of the cars to designing robot grippers for specialised manufacturing tasks, I really enjoy the diversity of technology here."

Opportunities with BMW Group

With our four automotive brands, BMW, MINI, Rolls-Royce Motor Cars and BMW Motorrad, we are the world’s leading manufacturer of premium automobiles and motorcycles. We also provide premium financial and mobility services.

Find Out More

Based on this opportunity you might also be interested in.

Cyber Essentials
© 2021 GetMyFirstJob Ltd.

Your first steps into the world of work for Apprenticeships, Degree Apprenticeships, Work Experience & Graduate Jobs