GE Aerospace Finance – 12 Month Placement

Job Description Summary Over your 12-month Placement you'll work in a Finance business environment gaining invaluable skills and experience. The opportunities available will cover all areas of finance from financial planning and analysis to order execution. Job Description About GE Aerospace Are you ready to see your future take flight? At GE Aerospace, we are advancing aviation technologies for today and tomorrow. Your work will contribute to the production of advanced jet engines, components, and integrated systems that power commercial and military aircraft . You’ll be part of a team that embraces your drive, your curiosity, and your unique ideas and perspectives . Most importantly, you’ll share in our pride and purpose that affects the lives of millions around the world! Finance Whether you want to work at one of our facilities as the site leader's right hand helping to make business decisions or at headquarters on a larger finance team, we have an opportunity for you. You’ll get to work with budgets of various sizes and complexities, while collaborating with others. Our finance and accounting teams span the globe, providing unmatched learning, development, and career growth opportunities. Roles and Responsibilities Over your 12-month Placement you'll work in a Finance business environment gaining invaluable skills and experience. The opportunities available will cover all areas of finance from financial planning and analysis to order execution. You could be preparing key reports, analysing data, working on simplification projects, reviewing assets, or supporting the preparation of quarter end accounts. We have several opportunities: Finance (Caledonian) - offers exposure across all areas of finance, from financial planning and analysis to order execution. You will support key activities such as preparing reports, analysing data, working on simplification projects, reviewing assets, and helping prepare quarter-end accounts. Day-to-day responsibilities include overhead cost management (approvals, spend analysis, accruals, variance reporting), overtime data submission, account analysis and reclasses, cost allocation, ad hoc finance tasks and projects, month-end close activities, and standard daily work. On Wing Support Finance (Wales) - managing indirect costs for the London, Doha, and Dubai sites, including approving and overseeing indirect budgets and invoice requests, and ensuring budgets finish on plan each month, quarter, and year. You are involved in cost-out initiatives and perform financial analysis to support decision-making by analysing data, preparing reports, and identifying trends. Daily activities include posting TL journal entries and reclassing costs, recharging invoices for materials and transport, processing IPS invoices, manipulating and compiling WIP reports for billing and trailing charges, posting direct labour approvals, and consolidating trial balance, stock, sales and margin. Supply Chain Finance (Cheltenham) - partner closely with Supply Chain and engage with the wider finance organisation to understand how finance impacts daily business operations and production. You will set up projects and resources in the ERP system, support the capital expenditure process (including asset tagging, reviewing capital requests and returns on investment, and periodic asset reviews), and perform part cost analysis to support Tollgate reviews. Your responsibilities will also include month ‑ end close analysis and reporting, finance audit test counts for stock take and cycle counting, running reports for Supply Chain hours and inventory transactions, and contributing to problem solving and continuous improvement projects related to capex and Supply Chain financial metrics. Finance - FP&A Team (Wales) - support a broad range of finance and business activities, gaining meaningful hands-on experience while adding value to the team. Their responsibilities would include supporting daily productivity reporting, providing finance support to operations teams, assisting with expenses, cost analysis, and cost management, contributing to continuous business improvement projects, completing the intern curriculum, and performing monthly reporting and analysis. This role offers strong exposure to day-to-day finance responsibilities and wider business operations, helping the student build technical capability, business understanding, and cross-functional experience. You will be guided by structured goals and objectives and will have responsibility to deliver on inspiring projects supported by your People Leader and team around you. We will guide you throughout the year to ensure you make the best of your GE Aerospace experience. Your People Leader will offer coaching and mentoring, and you will be provided with the opportunity to connect with other placement students across the UK. This opportunity is offered in our Cardiff, Caledonian (Prestwick, Scotland), and Cheltenham sites , during the process we will ask you to share your location preferences. GE Aerospace Wales specialises in the maintenance, repair and overhaul of a range of commercial jet engines. The facility, based in Nantgarw, just north of Cardiff, occupies over 1.2 million square feet of workshop space and has two state-of-the-art aircraft engine test facilities, along with a significant repair capability – known as Component Repair Wales. The site has the capability to provide maintenance, repair and overhaul services for a range of engine types – including the world’s most powerful commercial aircraft engine the GE90-115B and the world’s most popular commercial engine the CFM56 . As one of the largest commercial aircraft engine maintenance facilities in the world, with annual sales of over $2bn, the business works with over 90 customers worldwide, including Emirates, TUI, Lufthansa, Delta, United, ANA and British Airways. In 2017, the Wales site was selected as the Maintenance, Repair and Overhaul facility of choice for the GE9X; which will become the world’s largest and most fuel-efficient jet engine when it launches into service. The business will benefit from a £5m investment from the Welsh Government to support the total £20m investment put forward by the business, to equip and upskill the facility to be ready to maintain the GE9X fleet when it enters service on the new Boeing 777X aircraft. The Wales team places a strong focus on providing career opportunities for talented individuals . Our apprenticeship, internship and work experience opportunities have been built to ensure the long-term success of our business by developing the next generation of technical, engineering and problem-solving talent. GE Aerospace Caledonian is a purpose-built aircraft engine overhaul facility, adjacent to Glasgow Prestwick International Airport. The Caledonian site was officially opened in 1980 and has since grown into a centre of excellence for Maintenance, Repair & Overhaul (MRO) of CF6 & GEnx engine types. After each overhaul, the engines undergo intensive performance testing on site in our bespoke test cell, before returning to our global customer base ready for service. Our vastly experienced and innovative workforce are passionate in the contribution towards the training of future engineers, leaders and surrounding talent in our organisation. At GE Caledonian, our Apprentices (Foundation, Modern & Graduate), XLP, OMLP and interns are key members of our team helping achieve the challenges of tomorrow. They continuously develop new skills to keep up with the pace of change in the Aviation Industry and become comfortable working in this ever-challenging environment which thrives on embracing change. Our diverse team have a strong foothold in the local community, proactively seeking new volunteering opportunities to give back and deliver on our corporate responsibility. We have a dedicated affinity group on site who facilitate opportunities to the wider team, creating an inclusive culture we can all be proud of . With over 1,700 employees, GE Aerospace based in Cheltenham is one of the largest sites outside the USA and a major contributor to the local economy. Our heritage dates back to 1940 yet our technology is cutting-edge . Located in the heart of Gloucestershire, the Power Distribution & Controls (PD&C) site focuses on the design, development and manufacture of state-of-the-art aircraft power distribution and avionics systems for the global aviation industry. Our customers include all major aerospace manufacturers - covering commercial, business jet and military applications. The scale and complexity of engineering projects offer our employees unique opportunities to work on major international projects, developing critical aircraft systems that will be relied on by many people for decades to come. At GE Aerospace we strive to be an employer of choice by offering internships, apprenticeships, mentoring and staff development programmes that create a workplace where everyone can be themselves and achieve their full potential. Innovation, a commitment to engineering excellence and leadership development places GE Aerospace based in Cheltenham as a pioneering force in building the future of flight. If you are passionate about Finance, we would like to hear from you. This placement role is an intended pipeline to our Financial Management Programme (FMP) based across Europe and beyond. Towards the end of the placement year, we will open graduate applications for our current placement students with an aim to secure a role prior to the end of their placement year. Meaning, you can head back into your final year at university with a graduate job offer in hand. All you need to do is secure a 2,1 degree or above ! If you are eager to be exposed to and learn diverse facets of finance such as commercial finance, supply chain finance, finance IT, financial planning and analysis, learn more about FMP. You can find out more here . Qualifications/Requirements Currently studying a Finance/ Accounting/ Economics related B achelor’s or integrated Master’s degree On course to achieve 2 : 1 degree or above To be in your penultimate year of study and returning to education post placement Desired Characteristics Able to roll up your sleeves and get involved in projects Organised & able to work towards deadlines Inspired and curious to learn Strong verbal and written communication skills Able to take ownership for projects Analytical and problem-solving skills Proficient in Microsoft Office Able to work as part of a team A placement at GE Aerospace is an opportunity to learn while doing. At GE Aerospace, you’ll work with business leaders in an atmosphere that will develop you, while doing work that makes an immediate impact. Total Reward At GE Aerospace we understand the importance of Total Reward. Our flexible benefits plan, called FlexChoice , gives you freedom, choice, and flexibility in the way you receive your benefits, as well as giving you the opportunity to make savings where possible. As a new joiner to GE, we are pleased to be able to offer you the following as default in your benefit fund, which you then can tailor to meet your individual needs. Non-contributory Pension Life Assurance Group income protection Private medical cover Holiday Hourly equivalent of 26 days, with flexible options to buy or sell Recruitment Process As part of our recruitment process, you will be required to submit an initial CV application. After this, the stages include a video interview, testing and MS Teams online interview. Our recruitment team will be in touch with you at every stage to keep you updated and understand what is next in the process. If you require any adjustments to the process to enable you to be at your best, please email the team via . Please note our applications will close on Saturday 31 st October but may close earlier dependant on application volumes. We would encourage you to apply as soon as possible to avoid disappointment. Please only submit one application. If you submit multiple applications, we will progress the most suitable one. If in future you are deemed to be suitable for other opportunities, we will automatically consider you for these too. Security Clearance Baseline Personnel Security Standard (BPSS) clearance is required and must be maintained for this role. Please note that in the event that BPSS clearance cannot be obtained, you may not be eligible for the role and/or any offer of employment may be withdrawn on grounds of national security. Please see the link below for further details regarding the requirements for BPSS clearance: BPSS . Right to Work Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. However, under the applicable UK immigration rules as may be in place from time to time, it may be that candidates who do not currently have the right to work in the UK may not be appointed to a post if a suitably qualified, experienced and skilled candidate who does not require sponsorship is available to take up the post. Further, sponsorship is not available for our Early Careers opportunities. Our placement roles are pipeline for our graduate roles so you would need the permanent right to work to be eligible. For further information please visit the UK Visas and Immigration website. Whether we are manufacturing components for our engines, driving innovation in fuel and noise reduction, or unlocking new opportunities to grow and deliver more productivity, our GE Aerospace teams are dedicated and making a global impact. Join us and help move the aerospace industry forward.