Accounting Controls Undergraduate Placement

Volkswagen Financial Services (UK); Milton Keynes; Hybrid; GBP 22,000 - 26,000; Full time

Benefits offered by this job

Hybrid working policy

Discretionary bonus

Car schemes

Employer pension contribution

Job summary

Volkswagen Financial Services (UK) is offering an Accounting Controls Undergraduate placement in Milton Keynes. You will learn how financial products, accounting systems and data connect while supporting investigations, process improvements and management information.

The role focuses on balance sheet reconciliations, month-end activity and controls. It provides real business impact and opportunities to work across Finance, IT and Customer Operations, with hybrid in-office arrangement.

Qualifications

• Currently studying a Finance, Accounting or Business degree.
• Strong analytical skills with data-driven mindset.
• Intermediate Excel and MS Office proficiency.
• Excellent attention to detail and methodical approach.
• Clear written and verbal communication with stakeholders.
• Flexible, self-motivated and able to work under deadlines.
• Team player with ability to build relationships.

Responsibilities

• Complete balance sheet reconciliations with clear summaries.
• Support month-end tasks, analysis and reporting.
• Investigate balances and reconciling items across product portfolios and accounting systems.
• Collaborate with Finance, IT and Customer Operations to understand processes.
• Support UAT, process improvements and controls testing.
• Produce operational and management information.

Skills

Analytical skills

Excel skills

Attention to detail

Communication skills

Team collaboration

Time management

Education

Finance/Accounting/Business degree

Tools

Excel

MS Office

Job description

Location: Milton Keynes
Closing Date: 30th September 2026
Salary: £23,915.49
Contract: 12-13months FTC Start dates are usually in June/July
Hybrid working: We want you to get the best out of your placement, so we operate a hybrid policy where undergraduates work in the office 3 days per week. There may be times where you will need to be in more frequently depending on the needs of the business.
To apply for our undergraduate placement scheme, you must be studying for an undergraduate degree that requires a placement year. Master’s students are not eligible for this placement.
Please consider before applying if you live more than 60 minutes away from post code MK15 8HG, that you would need to relocate to either Milton Keynes or be a commutable distance (within 60 minutes).

We’re looking for an Accounting Controls Undergraduate to join our Finance team. In this role you will build confidence in balance sheet reconciliations, month-end activity, controls and financial reporting. You will learn how financial products, accounting systems and data connect while supporting investigations, process improvements and management information. If you want a detail-led finance placement where your work contributes to real business outcomes, we want to hear from you!

What will you be doing?

• Complete balance sheet reconciliations and provide clear summaries for management review.
• Support month-end tasks, analysis and reporting in line with the month-end timetable.
• Investigate balances and reconciling items across product portfolios and accounting systems.
• Work with colleagues across Finance, IT and Customer Operations to understand processes and resolve queries.
• Support UAT, process improvements, controls testing and documentation updates.
• Produce operational and management information for different audiences.

What are we looking for?

• Currently studying a Finance, Accounting or Business-related degree.
• Strong analytical skills and an interest in understanding how financial data supports decision making.
• Intermediate Excel skills and confidence using Microsoft Office applications.
• Excellent attention to detail, accuracy and a methodical approach.
• Clear written and verbal communication skills, including confidence working with Finance and non-Finance colleagues.
• Flexible, self-motivated and able to work under pressure to meet deadlines.
• A strong team player who can build relationships with multiple stakeholders.

Why apply for an undergraduate placement with VWFS?

Here at VWFS you'll be able to kick start your professional experience in the workplace. We take on 49 undergraduates each year which we find really helps our undergraduates as you all go through the programme, building your knowledge and networks together.

You’ll also benefit from:

• A focus on personal development with access to LinkedIn Learning via our ‘Degreed’ platform and a bespoke development programme throughout your placement year delivering personal management, technical and soft skills including building successful relationships, presentation skills, IT skills and data literacy.
• A supportive environment and network of colleagues to help you get your best out of the year - in a recent survey, 100% of our undergraduates said they felt valued and supported.
• The opportunity to work on real life business projects and deliver impact around topics like sustainability.
• Subsidised onsite canteen and coffee shop
• Subsidised onsite restaurant with a range of hot and cold breakfast and lunches.
• Employee Resource Groups supporting an inclusive workplace
• Social gatherings and team events & volunteering opportunities.
• Physical and mental health support with our Onsite Wellbeing Centre

Discretionary benefits include:

• Bonus: Discretionary bonus based on both personal and Group company performance (pro-rated)
• Car schemes*: The opportunity to join our popular car scheme plus car insurance cover.
• Pension: Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution. From day 1 we provide income protection, life assurance (4x salary), will writing, retail discount vouchers, access to Care Concierge (a service to support carers of adults). Private medical insurance is available following successful completion of probation.

Please note: Our undergraduate placement roles do not meet the UKVI’s criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.

• More information about car schemes

Our current car schemes are under review following changes in legislation from HMRC and so whilst we don’t have full details of our car scheme to share with you now, we will let you know what this looks like as soon as we are able.

Please do not apply for more than one placement role with us. This will ensure that you are considered for the placement that you are most interested in, and your skills are aligned to.