Undergraduate Finance

at  BAE Systems

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.

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.

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.

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.