BMW Group Financial Services UK is looking for an Accounting Services Executive - Private and Commercial Customer (P&CC). This role is based at the Summit ONE Campus in Farnborough.
This is an exciting position for an Accounting Services Executive, reporting to the Accounting Services Manager where you will be performing a number of business critical accounting services tasks for the UK and Ireland each day including Payments, Cash Allocation, Commission & support and APAR.
This is an interesting and wide ranging role for an individual with a keen interest in widening their existing knowledge of accounting processes or wishing to begin a new career in accounting. The Accounting Services Executive role will provide a strong foundation of knowledge in accounting processes which would support existing or future studies towards an accounting qualification i.e. AAT, ACCA, and CIMA.
The role will also require you to work with multiple stakeholders across the BMW Group and beyond, providing a fantastic opportunity for you to build on your existing network.
What awaits you?
- Ensuring all daily payment and collection files are signed off in accordance with the company Authorisation Policy and processed via internal and external transactional banking partners.
- 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.
- Processing and reconciliation of supplier invoices and accounts payable ledgers ensuring the payment of invoices within agreed payment terms.
- Raising of invoices to external companies and BMW Group entities, ensuring the timely collection of funds within agreed payment terms.
- Calculation, reconciliation and processing of retailer and partner commission payments.
An Accounting Services Executive will also be required to complete other tasks as required by the Accounting Services Manager including:
- Review of data for team KPI reporting i.e. Aged Payables, Aged Receivables, Unallocated Cash, Payment Days etc.
- Assisting with the drafting of business requirements for projects and completion of associated project testing
- Assistance with monitoring of Internal Control measures
- Identification of process and system enhancements to streamline team and wider business activities.
What should you bring along?
- Part qualified accountant preferred but not essential i.e. AAT, ACCA, CIMA
- Comfortable with performing a range of different tasks and processes including responding to immediate needs of the business environment and conditions.
- High level of numeracy and accuracy including completing complex reconciliations
- Ability to work effectively in a time pressured environment, escalating issues and prioritising queries effectively
- Ability to work under own initiative within a team environment
- Good communication skills with colleagues and external partners at a range of levels including Senior Management and Stakeholders
- Comfortable working in an environment where a high degree of control is required
- Good Excel (i.e. Lookups, Pivot Tables, Graphs etc.), Word and PowerPoint skills are essential. Knowledge of SAS is desirable.
In 2024 BMW Group Financial Services UK was recognised as a Top Employer. We invest in our employees and embrace a culture of flexible working as well as promoting a positive, supportive culture and working environment. We are based in prestigious offices in Farnborough that provide a great place to work with good people and an exciting, engaging, industry leading brand.
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
All applications should include an up to date CV.
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.
Closing date for applications: 26th March 2024.
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
25 jobs found