Financial Analyst Intern
Summary
The Financial Analyst Intern will support the finance and accounting teams in analyzing financial data, preparing reports, and contributing to key business decisions. This role provides a hands-on learning opportunity for a motivated individual to gain practical experience in financial analysis, budgeting, forecasting, and process improvement initiatives. The intern will assist with tasks such as reconciling financial discrepancies, preparing variance analyses, and creating dashboards to track financial performance metrics. Additionally, the Financial Analyst Intern will collaborate with cross-functional teams, participate in financial planning meetings, and help drive insights that enhance operational efficiency and financial health.
This position is ideal for a detail-oriented and analytical individual with a strong interest in financial management and business strategy. The intern will develop critical thinking skills and gain exposure to the tools, systems, and processes utilized by finance professionals in a dynamic business environment.
Core Duties and Responsibilities
Financial Data Analysis:
- Assist in analyzing financial reports, and key performance indicators (KPIs).
- Identify trends and provide insights to support decision-making.
Budgeting and Forecasting:
- Support the preparation of financial forecasts.
- Analyze variances between actual results and projections, and prepare variance reports.
Data Collection and Reconciliation:
- Gather, organize, and validate financial data from multiple sources.
- Reconcile discrepancies in data to ensure accuracy.
Reporting and Presentations:
- Prepare financial reports, dashboards, and presentations for internal stakeholders.
- Summarize data findings and present actionable insights.
Process Improvement:
- Assist in identifying inefficiencies in financial processes and recommend improvements.
- Support the automation of manual reporting tasks.
Ad-Hoc Analysis:
- Respond to ad-hoc requests for financial analysis or reports from managers or other departments.
- Assist in evaluating the financial impact of potential business decisions.
System and Tool Support:
- Learn and utilize financial systems (e.g., ERP software like NetSuite, Excel, Power BI).
- Provide support in maintaining financial tools and models.
Collaboration:
- Work closely with finance, accounting, and operations teams to support cross-functional projects.
- Participate in team meetings to contribute ideas and updates.
Research:
- Conduct market or industry research to support financial models and business cases.
- Assist in benchmarking studies to compare company performance against competitors.
Compliance and Documentation:
- Ensure financial records and reports adhere to company policies and regulatory standards.
- Document processes and findings to maintain transparency and accuracy.
Qualifications
Intermediate to Expert level Excel skills
Education
Enrolled in Bachelor's degree in Accounting, Finance, Business Administration, or relevant field, 3rd or 4th year
Requirements
- U.S. Citizenship
- Valid Driver's License
- Documents to verify employment eligibility (I9)