UK Direct Entry Graduate Scheme - Opportunities



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 Mathematics Management Science. Additional Requirements A first degree that provides some exemptions from the CIMA qualification is preferred, ideally coupled with some work experience gained in a Finance Department. The Airbus UK Finance department is a trans-national organisation, covering a wide variety of Finance areas such as Financial Reporting, Financial Control, Planning, Reporting and Budgeting. The Airbus UK Finance function is located in both sites, spread across a number of teams in both central and 'devolved' finance. The devolved finance teams are integrated in the business, providing support to the operational teams in the areas of financial control, planning, budgeting and reporting. The Central Finance teams (central planning and reporting, cost accounting, financial systems) collate, analyse and report Airbus UK information to Airbus Central Entity in Toulouse through a number of periodical reports. The financial reporting activities cover preparation of the company's financial reports to legal requirements (balance sheet, income statement), statutory and tax reporting, purchase ledger, sales ledger and dealing with inter-company transactions in order to prepare the financial reports for group consolidation. The controlling teams, which are mainly devolved into the business, support the operational teams. They provide analysis, which assists the business in making informed decisions to improve the performance of the company. Controllers get involved in budgetary planning and control activities resulting in the preparation of periodical management reports. The Finance DEG programme, which is based in Airbus UK Filton, involves structured placements over three years within a variety of both central and devolved finance teams. The programme allows exposure to a wide variety of challenging 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 financial reporting and cost accounting Year 2 - Central finance planning or devolved finance controlling, plus Toulouse Treasury Year 3 - Devolved finance controlling 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 via a benchmark study policy. Airbus UK is accredited by CIMA as a provider of a training scheme that meets the requirements for this qualification. Case Study - Rezina The Finance DEG programme 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 DEG's 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 programme offers support and training for our personal developmental requirements, as well providing a good social community outside of work.






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