Project Finance Intern

SubCom•Newington, NH
•Onsite

About The Position

The Project Finance Intern will serve on the financial team for large-scale undersea telecommunication projects. Working with a matrix-style team from across the organization, the intern will support projects through sales, engineering, manufacturing, and marine installation. The role focuses on maximizing revenue, controlling costs, identifying risks and opportunities, keeping team members informed of financial objectives, and reporting on project performance, risks, and mitigations. The intern will assist with project budgets and forecasts, variance analyses, project changes and contract variations, customer billing and collections, book close, annual budget preparation, and audits. The position is based at SubCom LLC in Newington, New Hampshire, and is an internship with a listed 5x2, 8:00 a.m.–4:30 p.m. shift. Candidates must be legally authorized to work in the United States. Visa sponsorship is not available. A resume must be attached to the application.

Requirements

  • Currently pursuing a bachelor's degree in business administration or accounting/finance.
  • Experience with Microsoft Office.
  • Strong leadership qualities and the ability to complete assignments with little oversight.
  • Ability to take ownership and responsibility.
  • Strong oral and written communication skills.
  • Comfort asking questions and challenging the status quo.
  • High standard of integrity and attention to detail.
  • Must be legally authorized to work in the United States; employment eligibility verification is required at hire.
  • Must attach a resume to the application.

Responsibilities

  • Support one or more projects simultaneously from the sales phase through completion.
  • Construct initial project cost budgets in collaboration with Sales, Project Management, Manufacturing, and Marine Operations.
  • Work with Project Management and Operations to prepare monthly forecasts for project revenue, costs, billing, and collections over the project lifecycle.
  • Prepare and present reports on financial performance, including project P&L, variance analysis, and billing and collections.
  • Provide financial support for proposed contract variations and project changes.
  • Support the Project Manager and Controllers by analyzing contract deliverables and collaborating with project team members on project objectives.
  • Attend customer meetings in person or virtually.
  • Coordinate customer billing with the Accounts Receivable department and assist with collections as needed.
  • Support financial audits of assigned projects.
  • Manage or assist with other project-related financial matters, such as insurance, tax, and performance guarantees, as assigned.
  • Conduct business with integrity and ensure behavior aligns with SubCom policies, procedures, and core values.
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