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Higherin

Finance Undergraduate Review

at Honda Motor Europe

Placement (10 Months+)

Finance, Accounting

Bracknell

Review Submitted: June 2023

Overall Rating

4.9 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

5/5 - Overview of Role
4.8/5 - Skills Development
5/5 - Support and Guidance
5/5 - Company Culture
5/5 - Overall Experience
5/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
• Updating and sending out cost centre reports
• Review of Motorsports cost centres and subsequent adjustment
• Support on adjustments and review of AM and Corp Comms
• Update and preparation of Total P&L and Balance Sheet
• Preparation of SAP MARS HFM rec
• Preparation of FSCP C11
• Monitoring of rec status in Cadency – email communication must be sent out
• Monitoring month end sign off progress and collation of all signed documentation to be used for SOx evidence
Were you given much responsibility during your placement / internship?
Yes, during my placement, I was given a substantial amount of responsibility. My managers trusted me and delegated to me important tasks and projects. I was actively involved in all monthly, quarterly and ad hoc tasks within my department, such as managing month end meetings, posting accruals/ journals, conducting month end reviews with the team, working on the main financial reports (balance sheet and total P&L). I had the opportunity to work independently, make impactful recommendations, and take ownership of my work. This level of responsibility allowed me to develop valuable skills and gain practical experience in a professional setting.
Please rate how meaningful the work you were doing was
5/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
Yes, I have acquired new skills and developed existing ones. Over the past year, I learned the main accounting principles, developed my management and communication skills while managing cost center meetings. Also, I further expanded my Excel skills, which allowed me to automate various data analysis tasks. Additionally, I worked in a team with other undergrads on a project that helped me refine my communication and delegation skills. Other skills: time-management, leadership.
How would you rate the training provided during your experience?
4/5
How would you rate your development of industry-specific skills during the experience?
5/5
How would you rate your development of personal / soft skills during the experience?
5/5
Please rate how these skills have helped you in your career development
5/5

Support and Guidance

How much support and guidance did you receive during your placement / internship?
During my placement/internship as an undergraduate at Honda, I received a considerable amount of support and guidance. The company provided a supportive environment for learning and growth. I had a designated manager who served as a point of contact for questions, feedback, and guidance throughout my internship.
I received regular check-ins and meetings with my managers, where we discussed my progress, addressed any challenges, and set goals for professional development.
How would you rate the support and guidance from your line manager?
5/5
How would you rate the support and guidance from the wider team?
5/5

Company Culture

What was the company culture and general atmosphere like?
The company culture within Honda's finance department was characterized by a combination of inclusion, supportiveness, and challenge. The overall atmosphere fostered a sense of collaboration and growth.
Honda values inclusivity and ensures that employees from diverse backgrounds feel respected and valued. The finance department embraced this culture by promoting an inclusive environment where different perspectives and ideas were encouraged. Individuals were given equal opportunities to contribute and excel, regardless of their background or previous experiences.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
5/5
How would you rate the diversity initiatives?
5/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
5/5

Overall Experience

To what extent did you enjoy your placement / internship?
I thoroughly enjoyed my placement/internship as it provided me with a fulfilling experience on multiple fronts. The emphasis on teamwork, the multitude of responsibilities entrusted to me, and the opportunity to develop my skills made it an incredibly rewarding experience. The placement/internship also provided ample opportunities for skill development. The range of tasks and projects I undertook allowed me to expand my existing skills and acquire new ones. This continuous learning process not only increased my confidence but also prepared me for future challenges in my field.
Please rate your level of enjoyment on your placement / internship
5/5
Please rate how your experience met your expectations
5/5

Future Career Prospects

Please rate the future employment prospects at Honda Motor Europe
5/5

Recommendations & Advice

Would you recommend Honda Motor Europe to a friend?
Yes
What advice would you give to others applying to Honda Motor Europe
1) Be actively involved. Show genuine interest in Honda's initiatives, innovations, and future direction during the application process and interviews.
2) Highlight your ability to work within a team: Honda values collaboration and teamwork.
3) Showcase your time management skills: Working efficiently and effectively is crucial in any role at Honda.
4) Demonstrate your ability to prioritize:
5) Be prepared to adapt and learn: Honda Motor Europe operates in a rapidly evolving industry. Demonstrate your willingness to adapt to new technologies, market trends, and organizational changes.
In This Review
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