Accounting & Tax - Summer Intern
About The Position
Rolls-Royce is seeking an Accounting & Tax summer intern for a 12-week program in Novi, Michigan. The intern will support accounting and tax activities within the Power Systems division, which provides power solutions and life-cycle support under the mtu brand. The role offers meaningful projects, learning from experienced colleagues, and opportunities to develop professional skills in a global company. The intern will assist with accounting instructions and reporting, account reconciliations, revenue recognition, tax filings and reviews, and month-end financial close activities. They will also follow company policies and professional standards, maintain confidentiality, communicate workload and issues to management, and represent the company professionally.
Requirements
- Be enrolled in an accredited college or university, have completed at least one year of college, and be pursuing a degree in Accounting or Finance.
- Have good oral and written communication skills.
- Have effective interpersonal skills and the ability to work effectively with others.
- Have strong organizational, planning, and follow-up skills.
- Be proficient with a PC and Microsoft Office Suite.
- Have a minimum GPA of 3.0.
- Be a U.S. citizen; visa sponsorship is not available.
- Have graduation eligibility between May and August 2027, 2028, or 2029.
Responsibilities
- Assist with updating or developing work instructions for accounting tasks and transactions, including Net Working Capital calculations.
- Assist with Networking Capital and Net Cash Flow reporting calculations and reporting, with an emphasis on automation.
- Complete and review assigned general ledger account reconciliations, including down payments paid and received.
- Manage the GL Account Reconciliation List and follow up on missing or incomplete reconciliations.
- Review monthly customer credit notes to confirm proper approvals and supporting documentation.
- Review, release, and track deferred revenue and revenue recognition for Extended Warranty Contracts.
- Review VAT charges on chain transactions for monthly German tax return reimbursement filings, focusing on incoterms between customers and the business.
- Assist with sales tax reporting, state ACH credit registrations, and notices.
- Support property tax return review and reporting.
- Participate in month-end financial reporting close activities, including auditing journal entries and preparing reports for MIF submission.
- Keep management informed about current workload, issues, and future assignments.
- Follow company work hours, policies, procedures, professional conduct rules, and ethics requirements, including confidentiality requirements.
- Maintain professional relationships and represent the company professionally in internal and external interactions.
- Promote a compliance culture and follow the letter and spirit of the Rolls-Royce Code of Conduct.
- Perform other tasks as assigned.
Benefits
- Base pay and a discretionary bonus plan.
- Eligible employees may enroll in health, dental, vision, disability, life, and accidental death and dismemberment insurance.
- Flexible spending account and health savings account.
- 401(k) retirement savings plan with company match.
- Employee Assistance Program.
- Paid Time Off and certain paid holidays.
- Paid parental and family care leave.
- Tuition reimbursement.
- Long-term incentive plan.
- Meaningful work from day one with support to help interns succeed.
- Personal and professional development.
- Opportunity to grow skills while working on real projects in a global company.
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What This Job Offers
Career Level
Intern
