Accounting & Tax - Summer Intern

Rolls-Royce • Novi, MI

2d • Onsite

About The Position

Rolls-Royce is hiring a summer intern for a 12-week placement in Novi, Michigan, supporting accounting and tax activities within its Power Systems division. The intern will assist with financial reporting, general ledger reconciliations, revenue recognition, tax reporting, and documentation improvements, including opportunities to support automation. The role offers meaningful project work, guidance from experienced colleagues, and opportunities for personal and professional development.

The intern is expected to follow company policies, procedures, work hours, and professional and ethical standards, including confidentiality requirements. The role also involves maintaining professional relationships, representing the company appropriately, and promoting a compliance culture in keeping with the Rolls-Royce Code of Conduct.

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.
• Minimum GPA of 3.0.
• Must be a U.S. citizen; visa sponsorship is not available.
• Must be graduating 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 Net Working Capital and Net Cash Flow reporting calculations and reporting, with a focus on automation.
• Complete and review assigned general ledger account reconciliations, including down payments paid and received.
• Manage the general ledger account reconciliation list and follow up on missing or incomplete reconciliations.
• Review monthly customer credit notes to ensure appropriate approvals and supporting documentation are present.
• Review, release, and track deferred revenue and revenue recognition on Extended Warranty Contracts.
• Review VAT charges on chain transactions for monthly German tax return reimbursement filing, 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 closes, audit journal entries, and prepare reports for MIF submission.
• Keep management informed about current workload, issues, and future assignments.
• Follow company work hours, policies, procedures, professional conduct rules, and confidentiality and ethics requirements.
• Maintain professional relationships and represent the company professionally in interactions with employees, clients, and customers.
• Promote a compliance culture and follow the Rolls-Royce Code of Conduct.
• Perform other tasks as assigned.

Benefits

• Base pay and a discretionary bonus plan.
• Potential eligibility to 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.
• Personal and professional development support.

What This Job Offers

• Career Level: Intern