Finance Intern

Magna International•Clinton, TN

About The Position

The Finance Intern will assist the Finance department in day-to-day financial operations, accounting processes, and financial reporting. The intern will be involved in budget tracking, financial reporting, invoice processing, and providing support for audit preparation.

Requirements

Currently pursuing or graduated with a Bachelor’s degree in Finance, Accounting, Economics, or related field
Previous internship experience
Strong analytical and problem-solving skills
Proficiency in Microsoft Excel (formulas, pivots preferred)
Attention to detail and strong organizational skills
Ability to handle confidential information professionally
Strong communication skills (written and verbal)
Coursework in financial accounting, managerial accounting, or corporate finance

Nice To Haves

Experience with financial modeling, budgeting, or forecasting (academic or internship experience)
Familiarity with ERP systems (SAP, Oracle, Workday, or similar)
Experience creating reports, dashboards, or presentations for leadership review
Basic understanding of manufacturing or operational cost structures (labor, overhead, inventory)
Exposure to data analysis tools (Power BI, Tableau, or similar) is a plus
Prior internship, co-op, or project-based experience in Finance or Accounting preferred

Responsibilities

Assist in preparing, organizing, and maintaining financial documents such as invoices, receipts, payment vouchers, and financial reports.
Input financial transactions into accounting software and ensure accurate and timely data entry for all financial records.
Help in preparing monthly bank reconciliations by comparing bank statements with the internal financial records.
Assist in monitoring departmental and project budgets, track expenditures, and report variances to the Finance Manager.
Support the verification and processing of supplier invoices and ensure payments are made on time.
Assist in reviewing and verifying staff expense reports to ensure compliance with the organization's policies.
Provide support during internal and external audits by gathering required documents and information.
Collaborate with the procurement team to verify financial documentation for purchasing activities and ensure that transactions follow procurement policies.
Assist in preparing monthly, quarterly, and annual financial reports as required.
Provide general administrative assistance, including filing, correspondence, and assisting with the organization of finance related meetings.