Financial Analyst Intern
FINANCIAL ANALYST INTERN (LEATHER DIVISION)
SOUTHFIELD, MI
PART TIME
POSITION OBJECTIVE
The Lear Leather Division Accounting and Finance department provides services to the divisional plant locations, divisional Commercial team, Lear Shared Services, Corporate Treasury, and to our customers. Our objective is to provide the most accurate accounting and finance support for the Lear Leather Division.
The Financial Analyst is part of a team whose goal is to prevent divisional bad debt, maintain correct billings from our plants, and effectively and accurately assist in the close the monthly sub ledger. They must research and correct customer deductions, post retro billings, analyze price changes, and report accurately. They work with various levels of Lear Corporation to resolve and avoid accounting issues.
MAJOR DUTIES AND RESPONSIBILITIES
- Data entry into BPCS legacy system for the billing of manager approved manual invoice requests.
- Daily pull of electronic invoice copies for distribution and records maintenance.
- Weekly/monthly activity involving customer deductions, Hide Market price tracking, tooling, intercompany transactions, billing, ad hoc reports, and audit preparation.
- Actively involved with month end processes and deadlines.
- Interfaces with teams in divisional manufacturing, Lear Shared Services, commercial, as well as finance.
Learning Opportunities:
- Hands on exposure to BPCS, AR Subledger, and General Ledger.
- Data entry, analysis, research, and reporting that impacts Financial and Accounting reports.
- Dispute and price related resolutions.
- Reconciliations for balance sheet and pricing accruals.
- Exposure to new Blackline accounting system to understand journal entry creation and reconciliations.
- Internal and external customer interaction.
- In-house Warrior database for commenting, report pulling, and deduction clearing.
- Ability to work in cross functional teams.
- Analytical research.
- Introduction to automotive manufacturing accounting and ERP systems.
EDUCATION
- Currently enrolled in college and pursuing an Undergraduate degree (preferably, Accounting or Finance).
EXPERIENCE AND REQUIREMENTS
The successful candidate must have:
- Intermediate to Advanced Proficiency in Microsoft Excel
- Availability during month end / period end close
DESIRED PERSONAL CHARACTERISTICS
- Analytical and accounting skills with attention to detail
- Highly organized
- Ability to help the team meet financial deadlines
- Effective follow-up skills