Finance Intern

ColgateMorristown, TN
Onsite

About The Position

The Finance Intern works directly with the Plant Controller and Finance Team, contributing to key financial responsibilities for the TN site. This internship provides valuable exposure and involves active involvement in meaningful projects, cost analysis, budget optimization, and contributing to the overall financial health of our supply operations. Our internships are more than just a line on your resume – they're a hands-on, minds-on experience that lets you work on real-world projects alongside true industry experts in the Global Supply Chain team.

Requirements

  • Currently enrolled in a Bachelor's or Master's program.
  • A third year Finance or Accounting major is preferred.
  • Basic knowledge of financial accounting, budgeting and computer systems.
  • Some prior, relevant work experience in a business setting is a plus.
  • Must be available to work part-time during the school year and/or full-time during the summer.
  • Authorization to work in the United States without future sponsorship needs.

Nice To Haves

  • Internship improved analytical skills, financial operations, and fiscal health understanding.

Responsibilities

  • Account Payable: managing the GR/IR process, including regular reviews and clearing proposals, and comprehensive PO monitoring. This involves addressing POs created after the invoice date and executing actions based on the aging POs report.
  • Month End: Assist with core accounting (reconciliations, accruals, reclasses, CapEx tracking). Contribute to monthly financial reviews, support reporting (e.g., water usage), and update senior leadership presentations, offering a comprehensive corporate finance view.
  • Costing: Manage critical, real-time costing requests for strategic decisions. This dynamic role offers practical cost analysis experience, essential for finance professionals.
  • Budget Management: Manage and update critical budget, MLE, and SLE files using financial planning tools. Gain practical skills in financial reporting and analysis.
  • Year End: Assist with intercompany financial requests (verifying GL, CC, CoCd) and resolve open PO issues (missing GR/IR, internal queries), boosting purchasing efficiency.
  • Key Plant Performance Indicators: monitoring AML (Asset Material Loss), participating in SLOB inventory reviews, and reconciling weekly confirmation variances. You will also prepare materials for key task force meetings and document action items, contributing to plant financial operations.
  • Tactical activities: Hands-on experience with GR auditing, crucial audit testing, asset tagging, and clearing balance sheet items.

Benefits

  • medical
  • dental
  • vision
  • basic life insurance
  • paid parental leave
  • disability coverage
  • participation in the 401(k) retirement plan with company matching contributions subject to eligibility requirements
  • a minimum of 15 vacation/PTO days (hourly employees receive a minimum of 120 hours)
  • 13 paid holidays
  • Paid sick leave is adjusted based on role and location in accordance with local laws.
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