Pensions - Placement Year

BMW Group; United Kingdom; On-site; GBP 21,000 - 26,000; Full time

Benefits offered by this job

Great pay

27 days holiday

Pension scheme

Subsidised on-site restaurant

Advantages scheme

Job summary

BMW Group in Farnborough offers a 13-month pensions placement beginning July 2027. The intern will support the Pensions Finance and Accounting team and Asset and Liability manager with administration of BMW Group’s pension plans in the United Kingdom.

You will gain hands-on experience with SAP, journal entries, reconciliations and investment-cost monitoring while supporting pension scheme investments and tax documentation within a busy finance environment.

Qualifications

• Studying towards a bachelor’s degree in finance, accounting, economics or business-oriented degree and on course to achieve (2:2 or above).
• Highly numerate; able to undertake and check complex calculations.
• High level of self-motivation and ability to work well under pressure.
• Communication skills, both verbal and written. Communicates effectively and proactively.

Responsibilities

• Assist with inbox/post administration, bank reconciliations and journal entries in SAP.
• Monitor investment management costs and collate documents from investment managers.
• Support Asset and Liabilities Manager with pension scheme investments and tax documentation.
• Liaise with external providers to ensure documentation is filed and up to date.
• Organise and support committee meetings, including scheduling, agendas and minute-taking.

Skills

Numeracy

Communication skills

Self-motivation

Attention to detail

Education

Bachelor's degree in finance/accounting/business (in progress)

Tools

MS Excel

MS Word

PowerPoint

Job description

YOUR INTERNSHIP. START WITH WHAT INSPIRES YOU.

We believe in creating an environment where our interns really can learn by doing during their time with us and where they are given their own areas of responsibilities from the start. That’s why our experts treat you as part of the team from day one, encourage you to bring your own ideas to the table – and give you the opportunity to really show what you can do.

BMW Financial Services, Farnborough - Pensions - 13 Month Placement (July 2027)

The pensions intern is responsible for supporting the Pensions Finance and Accounting team and Asset and Liability manager with various tasks associated with the administration of BMW Group’s pension plans in the United Kingdom.

What awaits you?

• Support the Pensions Finance and Accounting team with inbox/post administration, bank reconciliations, journal entries in SAP, supplier and investment manager payments, and managing approval processes with management and the Trustees.
• Monitor and track investment management costs, ensuring fees align with agreements and approvals, and collate relevant documents from investment managers.
• Assist the Asset and Liabilities Manager with pension scheme investments, coordinating with investment managers to ensure all necessary documentation is in place and handling tax documentation.
• Liaise with external providers to ensure all required documentation is filed correctly and kept up to date.
• Organise and support various committee meetings, including scheduling, agendas, and minute-taking as needed.
• Provide broader support to the pensions team to ensure accurate financial records and smooth operational processes.

What should you bring along?

• Studying towards a bachelor’s degree in finance, accounting, economics or business-oriented degree and on course to achieve (2:2 or above).
• Highly numerate; able to undertake and check complex calculations.
• High level of self-motivation and ability to work well under pressure.
• Communication skills, both verbal and written. Communicates effectively and proactively.
• Experience of MS Excel, Word and PowerPoint software.
• Dilligence and attention to detail due to the nature of finance and large sums of money being transacted.

What can you look forward to?

• Great Pay – A competitive annual salary, 27 days holiday per annum (pro rata to your contract) and an attractive pension scheme.
• Rewarding Work-Life Balance– Contracted working hours are37.5 hours a week.
• Exciting Additional Benefits –You will have the opportunity to enjoy other employee benefits, a subsidised on-site restaurant and access to our Advantages scheme which gives you a range of offers and discounts.

What do you need to do now?

If you apply, the next stages of the recruiting process include a virtual assessment centre and an in-person interview with the hiring manager.

Please note:

To be eligible for this position, you must be returning to your studies, for a minimum of 6 months, after completion of this placement. 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 disability, age, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, gender, sex or sexual orientation.

At the BMW Group, we place great importance on equal treatment and equal opportunities. Our recruiting decisions are based on the personality, experience, and skills of the applicants.

Closing date for applications: Sunday 18th October 2026