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Higherin
Forvia

Financial Controlling Intern Review

at Forvia

Placement (10 Months+)

Banking

Banbury

Review Submitted: August 2021

Overall Rating

4.4 /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
5/5 - Skills Development
5/5 - Support and Guidance
3.3/5 - Company Culture
5/5 - Overall Experience
3/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
I have worked within the Financial Controlling department in Banbury, my main role is Financial reporting to firstly my department but also the management team and other departments within the plant. My main duty is reporting of Daily KPI’s based on Volumes, Turnover, Scrap, Cycle counting and also any other inventory movements. I also report the P+L daily to the team during our Finance Top-5 where I present our production performance. I am responsible for maintaining the plant Master Data as well as having an integral role in the part creation set-up. Another major duty of mine is to control all costs and hours worked by the four temp agencies we have supplying labour. I also support on month-end closing by posting Labour journals as well as controlling all Inventory including revaluation and depreciation calculations.
Were you given much responsibility during your placement / internship?
What I have enjoyed most about my placement is having an abundance of responsibility and challenging tasks to ensure I am always pushing myself to be better and broadening my experience. Part of this experience was being able to collaborate with other departments to solve internal issues but also taking essential measures to avoid recurrence. I was able to take part in four stock-takes, one of which I was able to take a leading role in and develop my leadership skills. A Key achievement was being able to re-construct the plants entire Master Data by organising all Materials based on Customer, Class status, supplier etc.
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?
I have developed my IT skills and become a pro-efficient user of Microsoft Excel and SAP. Working within a diverse plant allowed me to develop my communication skills aswell as the ability to work with other people, especially within different departments. I also have developed the ability to successfully present Financial information to non-Financial audiences. I have learnt how important it is to be able to adapt to change especially in a JIT based industry and also how important it is to help others and provide support when needed, by being readily available and open to providing solutions, as well as having an optimistic approach.
How would you rate the training provided during your experience?
5/5
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?
The Finance team in my Plant were great for support and guidance, they were always ready to assist and help with any queries. I had the ability to work autonomously and refer to my colleagues for support when needed. There was always the ability to learn more and take part in different topics which made sure I was never bored or de-motivated. The support as a student is always there as long as you ask.
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?
As students we were able to take part in a Charity Challenge, where we raised money for the National Autistic Society, there isn't much in terms of company events, we had a Faurecia day but as the plant is so busy there weren't many activities on the day compared to other Plants where they were able to fully enjoy the day. I commuted to and from work so did not stay in the local area.
How would you rate the inclusiveness of the culture?
4/5
How would you rate the social opportunities?
2/5
How would you rate the diversity initiatives?
3/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
4/5

Overall Experience

To what extent did you enjoy your placement / internship?
The most challenging part of the role was probably adapting to change, since I started in August, the Finance team was going through transformation. Once the team was stabilised, I was given good responsibility and challenging tasks to keep me driven and motivated. Having a good workload meant I was able to enjoy my placement and learn about the field of work I'd like to work in after University.
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 Forvia
3/5

Recommendations & Advice

Would you recommend Forvia to a friend?
Yes
What advice would you give to others applying to Forvia
When applying, research the company and the industry as it is a very dynamic industry. The current job description does not correlate exactly to what I did so it is important to make sure you find out what tasks and roles you would be undertaking, as it varies across the different plants.
In This Review
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