Intern – Financial Accounting Services (FAS)

Howmet Aerospace•Pittsburgh, PA

4d•$20 - $22•Hybrid

About The Position

At Howmet Aerospace, we’re always in airplane mode! Our global teams are passionate about engineered solutions that advance the world through the aerospace, automotive, defense and commercial transportation industries. Become a part of our diverse culture of learning, development, and mentorship as an Intern – Financial Accounting Services (FAS) in Summer 2027. Your education is just the beginning – you’ll become an active member of our Financial Shared Services team located in Pittsburgh, PA. During our 12-week internship program, you’ll tackle real-world challenges through impactful assignments, and work alongside our industry changemakers. The Intern – Financial Accounting Services (FAS) will utilize Excel and various other tools to perform a variety of tasks with FAS such as account reconciliations and journal entries. Intern Impact Project: Lead a thorough review of FAS Standard Operating Procedures and update the yearly review process. A Day in the Life at Howmet… In addition to your impact project work, you’ll have the opportunity to: Attend meetings with the leadership team Gain exposure to lease accounting Reconcile lease balance sheet accounts Analyze standard operating procedures (SOPs) related to the process Assist with the leases in evergreen status Ad Hoc leasing requests Use the accounting systems in connection with monthly general ledger financial close and consolidation. Assist with ad hoc projects related to the GL Assist with GL location support Preparing quarterly files for balance sheet reconciliation reviews with location Performs monthly tasks related to journal entry bookings and account reconciliation completions. Analyze business operations and identifying key performance issues Apply finance/accounting principles to real-life scenarios Contact customers to follow on the payment status of invoices (both in advance and when overdue), send statements and reminders, document correspondence and escalate stuck items as appropriate. Ensure that customer exposure is consistent with the approved credit limit. Make recommendations on whether held orders should be released. Reconcile customer accounts to ensure customer AP ledgers are in synch with our AR ledger. Evaluate the creditworthiness of new or existing customers and recommending an appropriate credit limit. Participate in ASAT testing to ensure credit processes are in control and capable.

Requirements

Currently enrolled in an accredited Bachelor’s degree in Accounting, Finance, or Economics with an expected graduation date in Fall 2027 or Spring 2028
Minimum cumulative GPA of 3.0 or equivalent
Demonstrated internship, work, research, or extracurricular participation
Involved with at least 1 extracurricular activity
Knowledge of Microsoft Office
Interns must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.

Responsibilities

Lead a thorough review of FAS Standard Operating Procedures and update the yearly review process.
Attend meetings with the leadership team
Gain exposure to lease accounting
Reconcile lease balance sheet accounts
Analyze standard operating procedures (SOPs) related to the process
Assist with the leases in evergreen status
Ad Hoc leasing requests
Use the accounting systems in connection with monthly general ledger financial close and consolidation.
Assist with ad hoc projects related to the GL
Assist with GL location support
Preparing quarterly files for balance sheet reconciliation reviews with location
Performs monthly tasks related to journal entry bookings and account reconciliation completions.
Analyze business operations and identifying key performance issues
Apply finance/accounting principles to real-life scenarios
Contact customers to follow on the payment status of invoices (both in advance and when overdue), send statements and reminders, document correspondence and escalate stuck items as appropriate.
Ensure that customer exposure is consistent with the approved credit limit.
Make recommendations on whether held orders should be released.
Reconcile customer accounts to ensure customer AP ledgers are in synch with our AR ledger.
Evaluate the creditworthiness of new or existing customers and recommending an appropriate credit limit.
Participate in ASAT testing to ensure credit processes are in control and capable.