Financial Co-Op (Aug 2024)

About BMW Group

BMW Group is a leading German automotive company, renowned for luxury vehicles under the BMW, MINI, and Rolls-Royce brands. They emphasize innovation, performance, and sustainability, shaping the future of mobility.

Your role

The qualified co-op should expect to contribute & improve in the following functions:

• Financial Data Analysis.
• Forecasting & Monthly Reporting.
• Creation of Management Presentations.
• Further development of financial reporting tools.
• Facilitates team meetings.
• Maintain Financial intranet site and communication.
• Implement efficiencies and digitalization with current financial processes.
• Create training & process documentation.
• Develop tools used for reporting and maintaining system applications for financial metrics and data (MS Applications, Oracle, PowerBI, APEX, …)

Training, development & rotation

This is a co-op position which requires three alternating rotations (e. g. 1st rotation: spring, 2nd rotation: fall, 3rd rotation: summer).

• Support Finance team initiatives and key department objectives.
• Work within the International Regional Financial Steering Department of Region Americas to learn BMW financial processes to help steer the organization, and drive efficiencies and cost-saving measures.
• Provide an environment of learning and training that fosters growth and experience for the selected candidate while simultaneously assisting the company to achieve internal goals, targets, and KPIs.

Benefits

If you join as a full-time employee, you will get the following benefits:

• Competitive salary and performance-based bonuses
• Comprehensive health, dental, and vision insurance
• Retirement savings plans with company match
• Paid time off and holidays
• Employee vehicle lease and purchase programs
• Professional development and training opportunities
• Work-life balance programs and flexible working hours
• Employee wellness programs, including gym memberships and health screenings
• Life and disability insurance
• Tuition reimbursement for continued education
• Childcare support and family leave policies
• Discounts on BMW products and services
• Opportunities for career advancement and global mobility programs

Career progression

As an intern at BMW, you can expect a structured and hands-on learning experience, gaining exposure to various departments and projects. Through performance evaluations and mentorship, outstanding interns may be able to secure full-time positions or participate in BMW's prestigious graduate programs, setting the path for a promising career within the organization.

Work-life balance

BMW strongly emphasizes work-life balance, promoting flexible working arrangements and providing opportunities for employees to maintain a healthy integration of their professional and personal lives. The company recognizes the importance of employee well-being, enabling them to thrive both inside and outside the workplace-the ability to work full-time (40 hours/week). 

Culture & vibe

At BMW, the culture is characterized by a passion for innovation, a commitment to quality, and a focus on delivering exceptional customer experiences. The company fosters a collaborative and diverse environment, encouraging employees to embrace creativity, take ownership of their work, and drive the future of mobility forward.

About you

Skills that will help you succeed in this role:

• Pursuing a degree in Finance/Business/Accounting is preferred.
• Detail-oriented and strong organizational skills
• Team player
• Ability to communicate to multiple levels of management
• Analytical and problem-solving skills
• Excellent Microsoft Products skills, especially Excel and PowerPoint
• Experience in PowerBI, QlikSense and/or Tableau (preferred)
• Possess a minimum cumulative GPA of 3.0 (not just in major).
• Have full-time status at an accredited four-year college or university in the United States.
• Completed at least 30 credit hours at the time of application.
• Ability to complete 3 alternating work terms for co-op positions. 
• Ability to work full-time (40 hours/week).
• Transfer students must have a GPA from their current university.
• Must attach a copy of the unofficial transcript.
• Complete and pass a substance abuse test before the work term. 
• The work term dates are August 12th-December 13th, 2024.

Sources

The following sources were used in researching this page:

• bmwgroup.jobs
• bmwgroup.jobs/in/en/culture
• bmwgroup.jobs/de/en/about-us/benefits/benefits-students.html
• youtube.com/@BMWGroupCareers