Finance Commercial Control Internship

2 weeks ago

Basildon, Essex, United Kingdom Iveco Group Full time £26,000 - £28,000 per year

Title/Position:
Finance Commercial Control Internship

Location:
Basildon (Phoenix House)

Sector:
Automotive

Business:
Truck industry

Department:
Finance

Contract Type:
Internship (Full-time)

Duration:
12 months

Work Schedule:
Hybrid (3 days in office)

Salary:
£26,000 or £28,000 depending on your university degree level.

Basic Function:

Assist and support the Financial Controller for the commercial business unit in Iveco Limited with reporting and analysis activity.

You will develop your critical analysis skills by assessing the reliability and compliance of our financial results and by supporting us in our financial audits. You will learn the budgeting and forecasting activities for our products, how to manage accruals and will often liaise with other commercial departments to support decision making with facts and figures.

The main responsibilities of the position include:

  • Costing of vehicles
  • Assess profitability
  • Process discount calculation and Payment
  • Understanding Commercial Strategy and support its deployment
  • Month end, ensuring that vehicles have the correct accruals against them
  • Assist in discount analysis and discount reserve evaluation
  • Ensure discount control system functionalities to be fully in place and correctly working (DTS, sales programme and marketing campaigns)
  • Weekly scorecards and KPI's to management
  • Monthly overheads report package to management
  • Ad-hoc analytical support to support management in decision making
  • Budget and forecast activities for New Vehicles

Job requirements and qualifications:

  • Quantitative approach
  • Economics knowledge
  • Understanding of Balance Sheet data and correlation with P&L
  • University degree in economics/finance or equivalent
  • Good/advanced excel skills
  • Strong analytical skills and ability to problem solve
  • Excellent interpersonal skills and team player
  • Fluency in English

Desirable but not necessary:

  • Confident working on systems (SAP, Hyperion/Oracle etc)

Additional job requirements:

  • Eligibility to work in the UK
  • Full clean Driving License
  • Ability to travel around the territory, with some over-night stays

Competencies and Key Behaviours:

  • Flexible mindset
  • Team working
  • Keen to respect deadlines
  • Industry curiosity

It is a condition of employment that employees may be required to undertake such other duties as may reasonably be required of them. Furthermore, it may be necessary to change the roles and responsibilities from time to time. Management reserves the right to implement such changes.

This will be a role offering constant learning, working as part of a committed and collaborative team. We are very passionate about what we do and, therefore, the successful candidate will be focused and capable of delivering in a fast-paced and time-constrained environment.

At Iveco Group, we are committed to building a diverse and inclusive workplace where everyone feels valued, respected, and empowered. Guided by our core value of "We Contribute Diverse Strengths," we welcome talent from all backgrounds and experiences. We believe in learning through collaboration, acting with integrity, and driving innovation together. If you're passionate, curious, and ready to grow in a supportive team environment, we encourage you to apply.

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