Finance Summer Internship Positions

Cummins•Columbus, IN

12h•$3,700 - $4,400•Onsite

About The Position

This role offers summer internship positions within the Finance department. Interns will have the opportunity to make an impact in various areas, including Financial Analysis, Risk Insurance Analysis, and Finance Systems Support. The program is designed for students actively pursuing a degree in Finance, Accounting, Economics, Management Information Systems, or Risk Insurance. Interns are expected to work full-time for a minimum of 10 weeks and a maximum of 12 weeks.

Requirements

Students must be enrolled full-time at an accredited U.S. college or university.
Actively pursuing a degree (Bachelor’s, Master’s, PhD, MBA, or JD).
Minimum GPA of 2.5.
Currently reside within the continental United States.
Expected to work 40 hours per week for a minimum of 10 weeks and a maximum of 12 weeks.
F-1 visa students must have approved Curricular Practical Training (CPT) or Occupational Practical Training (OPT) before their Early Career assignment begins.
CPT/OPT must relate to their degree and be authorized by their university.
Students are responsible for securing CPT/OPT approval through their school’s international office.
Must be able to manage academic responsibilities without compromising job performance.
Bachelor’s degree programs considered.
Major programs typically considered: Finance, Accounting, Economics, Management Information Systems, or Risk Insurance.

Responsibilities

Provide financial and business analysis support for an entity, business segment, or corporate function.
Serve as a financial liaison for non-finance leaders, providing reporting and analysis support.
Lead and participate in process improvement efforts.
Prepare statistical reporting, including financial performance, variance, and cost analysis.
Prepare and compile annual budgeting and periodic forecasting data.
Compile and prepare financial results and explanations for management.
Prepare standard cost data and monthly cost updates, analyze cost variances, determine root causes, and make recommendations for improvement.
Participate in the month-end close process, including the preparation of journal entries and account reconciliations.
Assist in the day-to-day management and operations of the Corporate Risk Insurance department.
Support the Risk Insurance team in the coordination and placement of the Company’s global Commercial insurance programs (property, umbrella, liability, cargo, etc.) by preparing various insurance reports and analyses.
Review risk management and insurance data and policies to assist in decision making.
Analyze insurance and loss engineering reports and related items to mitigate the Company’s exposures to potential loss.
Support the implementation, administration, and ongoing maintenance of finance systems.
Develop an understanding of financial, accounting, and treasury concepts and how to apply them to finance systems.
Support the development, testing, and delivery of systems improvement initiatives.
Partner with finance systems team members, information technology teams, and project management specialists to develop, test, and deliver finance system applications.
Work with end users in developing customized reports and ad hoc analysis.