UK Direct Entry Graduate Scheme - Opportunities

The Finance department is integral to all the financial, cost accounting and reporting activities of Airbus UK.

Its Financial Accounting activities cover preparation of the company's financial reports to legal requirements (balance sheet, income statement), statutory and tax reporting, purchase ledger and sales ledger, cash flow planning and dealing with inter-company transactions in order to prepare the financial reports for group consolidation. Management Accounting activities consist of budgetary planning and control, also, ensuring the correct recording, allocation and analysis of all costs that the company incurs, resulting in the preparation of periodical management reports. These responsibilities are spread across a number of teams in both central and 'devolved' finance. The devolved finance teams are integrated in the business and are aligned by both functions (e.g. Procurement Finance) and product families (e.g. A380 financial controller). The central finance teams (planning and reporting, cost accounting, financial systems) collate, analyse and report this information to Airbus Central Entity in Toulouse through a number of periodical reports. The Finance DEG scheme, which is based in Airbus UK Filton, involves structured placements over three years within a variety of both central and devolved finance teams. The scheme allows exposure to a wide variety of finance roles instilling strong financial fundamentals for a successful career within Airbus. An example of a typical finance graduate placement plan is: Year 1 - Central finance reporting and cost accounting Year 2 - Central finance planning, devolved finance function or product team, plus Toulouse Treasury Year 3 - Devolved finance - function or product team During the three-year programme, graduates are expected to attain qualifications for the Chartered Institute of Management Accountants (CIMA) and are fully supported in this venture by Airbus UK. Airbus UK is accredited by CIMA as a provider of a training scheme that meets the requirements for this qualification. Entry Requirements: You will need to have a relevant Bachelors or Masters degree or equivalent. Relevant degree subjects include Economics, Business Studies, Finance, Accountancy, Business Administration and Management Science. A first degree that provides some exemptions from the CIMA qualification is preferred and fluency in French, German or Spanish would be desirable. Ideally these should be coupled with some work experience gained in a Finance Department. Case Study - Rezina Alam The Finance DEG scheme has provided me with a well-structured and supportive framework to gain a core understanding of the Finance function within Airbus. My placements have so far included Management Accounting, Financial Reporting and Financial Planning, Budgeting and Control. The placements are arranged to support attainment of the CIMA qualification - providing variety in the roles whilst allowing the DEGs to have responsibility from the beginning. My CIMA studies started during my first placement, proving a challenge in self-discipline and time management to combine the demand of work duties with studying. There is great opportunity to interact with our international colleagues from our Airbus counterparts across the world and the prospect to working with the Treasury Team at Airbus headquarters in Toulouse. I found that the DEG scheme offers support and training for our personal developmental requirements, as well providing a good social community outside of work.






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