Overview
Join to apply for the Treasury Accounting & Finance Undergraduate Placement role at Volkswagen Financial Services (UK).
Location: Milton Keynes
Closing Date: 30th September 2025
Salary: £22,912.50 pa
Contract: 12-13 months FTC Start dates are usually in June/July
Hybrid working: We operate a hybrid policy where undergraduates work in the office 3 days per week. There may be times when you will need to be in more frequently depending on business needs.
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 postcode MK15 8HG; you would need to relocate to Milton Keynes or be a commutable distance (within 60 minutes).
We are looking for a Treasury Accounting & Finance Undergraduate to join our team. In this role you will balance daily operational duties as well as being responsible for monthly tasks including reporting, data investigations, and reconciliations. We are looking for someone with excellent communication skills, who can collaborate with the wider Treasury and Structured Finance teams on various projects.
What will you be doing?
* Preparing and managing daily cash sheets and payments to strict deadlines
* Investigating differences between the forecast and actual closing balances each day and explaining your findings
* Working closely with the Treasury team regarding daily cash flow and loan/deposit requirements
* Ensuring payment requests for all maturing loans are prepared and signed daily, including the planning of Finance Management signature availability
* Accurately maintaining the loan portfolio spreadsheets to ensure that all loan liabilities are recorded, resolving differences, and providing commentary on exceptions
* Maintaining and monitoring the Treasury Mailbox, responding to any internal and external queries arising
What are we looking for?
* Working towards a Finance or economics related degree or qualification
* You will have an intermediate level of Excel
* Eye for detail and focus on accuracy and statistical problem-solving skills
* Self-motivated and a strong team player who is open to new challenges
* Effective communication skills to collaborate both internally and externally and across various levels within the business
* Confident in stakeholder management
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.
What Our Recruitment Process Looks Like
* Apply and upload your CV, covering letter and answer a few application questions.
* You’ll be invited to complete a Situational Judgement Test. This is a short multiple-choice question set to help us understand how you may approach situations.
* If you pass this stage, you will be invited to complete an online video interview where you will have the opportunity to tell us more about yourself.
* If successful, your last step in the journey is to attend an in-person Assessment Centre at our Milton Keynes office. You’ll also meet some of our managers and our current undergraduates to find out more about a placement year with us.
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.
Seniority level
* Internship
Employment type
* Full-time
Job function
* Finance and Sales
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