Undergraduate Finance

This job is with BAE Systems, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Description

Job Title Industrial Placement Finance

Location Warton (Lancashire)

Start Date 23rd June 2025

BAE Systems do offer a range of hybrid and flexible working arrangements, however it is expected on our Industrial Placement 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.

Salary £23,100

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.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity, rewards integrity and merit, and where you’ll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently under represented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals.

What you will be doing

On an Undergraduate 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 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.

Duties and Responsibilities

• 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.

Skills

As a minimum requirement you’ll need to be on track to obtain, a 2.2 in your Bachelor’s or Master’s degree in Finance, Economics, Mathematics or Physics.

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

Opportunities for Growth and Development: We encourage employees to explore projects beyond their primary responsibilities, providing them with diverse experiences. With a wide range of products and a multinational presence, there are ample opportunities for employees to engage in various projects and initiatives.

Community Involvement: In addition to professional development BAE Systems value community engagement. Employees are encouraged to participate in community projects, STEM initiatives, and employee resource groups, offering valuable learning experiences outside of their regular roles.

Retention and Career Development: Recognising the importance of retaining talented individuals, we offer sponsorship, career development support, and high-potential development programs. These initiatives aim to help employees plan their careers effectively and provide opportunities for accelerated development for those who demonstrate aspiration, ability, and performance.

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.

Inclusivity within our recruitment process

We want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Our environmental responsibility

As a future-focused business we’re committed to changing the world we live in for the better. Our target is to achieve net zero emissions by 2030, we’re innovating new ways to develop on-site renewable electricity and setting ambitious targets for water consumption and waste generation.

Export Control/Security

Please be aware that many roles at BAE Systems are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation. All applicants must as a minimum achieve Baseline Personnel Security Standard. Many roles also require higher levels of National Security Vetting where applicants must typically have 5 to 10 years of continuous residency in the UK depending on the vetting level required for the role, to allow for meaningful security vetting checks.

Qualification requirements

As a minimum requirement you’ll need to be on track to obtain, a 2.2 in your Bachelor’s or Master’s degree in Finance, Economics, Mathematics or Physics.

Start date (dd Month Year)
23rd June 2025


Length of contract
12 months



Location: Warton, GB

Posted Date: 10/29/2024