Finance Intern

Strattec SecurityMilwaukee, WI
1d

About The Position

The ideal candidate will possess a team oriented attitude; Must possess a desire to learn, and apply a ‘sense of urgency’ when required This position assists the Product Cost Analysts who are responsible for creating financial models used to calculate the cost of a product and determine the sell price needed to meet expected financial metrics. Assist cost analysts in day-to-day work as well as monthly reporting and special projects. Including: - Monthly gross margin reporting - Building financial models - assist with customer price breakdowns - Assist with the annual sales forecast - Monitor and track program margins and create trends Skills you will learn / Experiences you will gain: You will become very proficient in Microsoft Excel. Learn Formulas, pivot tables, graphs Learn product costing, sensitivity analysis, and elements of cost drivers: Raw material, purchased parts, labor and overhead Learn financial metrics: gross margin, operating profit, net present value, return on investment Learn how to build a financial model, compare cost and pricing and help drive business decisions You will develop into a strong and effective team player while working with a geographically distributed support team.

Requirements

  • Finance or business major
  • Sophomore or junior year standing preferred
  • Advanced knowledge of Microsoft Excel
  • Interest in learning finance of manufacturing and operations
  • Able to take direction and complete tasks with little supervision
  • Strong communication skills, including asking questions to understand the purpose of tasks
  • Logical thinker, able to determine next steps
  • Able to work the majority of the week during summer and winter break
  • Able to work during the school year part time

Responsibilities

  • Monthly gross margin reporting
  • Building financial models
  • Assist with customer price breakdowns
  • Assist with the annual sales forecast
  • Monitor and track program margins and create trends
  • Assist cost analysts in day-to-day work as well as monthly reporting and special projects
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