BAE Systems
work experience

Undergraduate Shared Services Finance June 2024

Job description

BAE Systems do offer a range of hybrid and flexible working arrangements, however it is expected on our Summer Intern Programme you will be required to attend your site 3-4 days per week. Please note, this may be subject to change in line with the needs of the business. The hybrid working arrangements including which days you are required to work on site/remotely will be outlined by your line manager.

What you will be doing

On an Industrial Placement, over 12 months, you will be expected to be involved in a number of areas in order to develop a broad understanding of the Finance Services we are involved with. Finance underpins everything we do – so it’s vital that we find and nurture our future talent now. Whilst on the placement you will gain experience in one or more area including: financial accounting and reporting, management accounting and project accounting along with the chance to put theory into practice, learn from colleagues who are experts in their field, and gain insights that can only come from real world experience.

A career in Finance is exciting, challenging and diverse! Today’s finance professional must be highly skilled and flexible enough to quickly adapt to the rapid changes of our environment. Our goal is to develop people who are highly motivated and trained with the right skills to effectively guide our operations so that our business can grow.

We also provide the opportunity to get involved in projects outside of your primary remit. We encourage you to seek a stretch project in which you’ll gain different experiences. With our huge portfolio of products and our multinational presence, there are opportunities to get involved in something different around every corner. Additionally, we encourage involvement in community projects, STEM initiatives and support groups (called employee resource groups) which all provide valuable learning and development experiences that you may not have access to in your day-to-day role. To ensure we retain our talented people, we offer a blend of sponsorship, additional support in career development planning and a portfolio of high potential development programmes. We are also fully committed to supporting graduates to work towards professional registration and Chartership with a range of professional institutes (e.g. the IET and IMechE). Our graduate scheme is accredited with a number of different professional institutes, which means that we have demonstrated high standards of delivery and support.

Our mission is to build a strong, diverse, adaptable, and high performing work force that will develop and grow our future business. We believe that everyone has talent, and at the heart of our talent management approach our ambition is to be recognised as the UK’s top employer in the defence and security sector for valuing diversity and inclusion. Accelerated development will be offered to those who have the aspiration, ability, and performance to fulfil roles that are critical to our future success. Using The Future Talent Programme, we select high potential graduates and provide them with further tailored development opportunities.

Specific activities could include:

Cost base management and challenge including understanding departmental budgets and forecasts, preparation of journals and engagement with budget holders.

  • Financial reporting activities to support month end reporting including variance analysis, preparation of packs for submission and consolidation of month end inputs.
  • Project Accounting activities including the raising of invoices, preparation of reconciliations and production of other financial data for key stakeholders.
  • Working as part of the Governance team to gain an understanding of processes and controls required in a multi-billion pound business.
  • Opportunity to shadow senior members of the team to develop an understanding of the role of a finance leader within the function.

The breadth of activities above gives an indication of the wide array of activities carried out by the department.

Benefits

You’ll receive benefits including a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. You’ll also have access to additional benefits such as flexible working, an employee assistance programme, Cycle2work and employee discounts – you may also be eligible for an annual incentive.

Team

Improving the future and protecting lives is an ambitious mission, but it’s what we do at BAE Systems. A career here means using your passion and ingenuity to defend national security with breakthrough technology and intelligence solutions. It’s rewarding work that truly makes a difference. And as you tackle critical projects, you’ll work alongside a supportive team – driven by a shared ambition to protect what really matters. At BAE Systems, you’ll find an extraordinary career where you can realize your true potential.

What we are looking for

As a minimum requirement you`ll need to be on course for achieving a 2:2 in your Bachelor’s or Master’s degree in Finance / Economics / Mathematics / Physics or Business related degrees.

To be considered for this role you must be returning to University to complete your degree.

Accepted degree subjects

Any

Additional job details

Location
UK wide
Salary
£22,000

Contract, dates and working times
Fixed term

How to apply

Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and your place of birth may limit those roles you can perform for the organisation.

Click Apply to start your application now. This job will be available on Prospects until 28 February 2024

Don't forget to mention Prospects to employers when you contact them.

Closing date:  28 February 2024

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