Financial Analyst Intern
Together, we move the world. As an international leading development partner and supplier to the automotive industry, we at MAHLE are passionate about developing innovative solutions for climate-neutral mobility of tomorrow. Our focus is on e-mobility and thermal management as well as further technology fields to reduce CO2 emissions, such as fuel cells or highly efficient, clean combustion engines that also run on hydrogen or synthetic fuels.
In 2023, the technology group with its approximately 72,500 employes, generated sales of just under EUR 13 billion and with its 148 production locations and 11 major research and development centers, is represented in 29 countries. Join our MAHLE team! #StrongerTogether
SUMMARY:
The Financial Analyst Intern will assist with the closing of general ledger each month. Will get exposure to general ledger accounting activities including revenue accounting, expenditure accounting, and any related reporting requirements such as reconciliations, adjustment entries, operating transfers, audit reporting, and financial statements.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Prepare and review monthly account analysis and reconciliation.
- Prepare and enter journal entries for the month end close, such as accruals, amortizations, and adjustments.
- Conduct analytical review of profit and loss statements during closing process.
- Perform monthly general ledger closing process.
- Reconcile balance sheet accounts.
- Assist with internal and external financial audits and the annual budget setting process. Prepare and provide requested documentation.
- Perform analysis of annual budget process.
- Establish, interpret, and analyze complex accounting records of financial statements.
- Assist with preparation of quarterly and year-end financial statements.
- Ensure financial statement compliance with generally accepted accounting principles (GAAP), company policies and governmental regulations.
- Prepare standard and ad-hoc financial analysis as requested by management.
- All other duties and projects as assigned.
QUALIFICATIONS:
- Enrolled in a bachelor’s degree program in Finance, Accounting, Business Administration, or related field from an accredited four-year college or university is required.
- GPA of 3.0 or higher
- Advanced computer skills in MS Office, particularly Excel; SAP FICO experience a plus
- Knowledge of US GAAP experience preferred any German / Mexican GAAP and/or international financial reporting standards (IFRS) a plus.
- Must have broad, basic understanding of finance and/or accounting principles, as well as strong business acumen
- Good problem-solving, communication, teamwork and patience skills
- Prior internship experience a plus.
- Ability to identify and solve problems, to work within deadlines with a high attention to detail, and to work independently in a fast paced, dynamic environment
- Ability to research, summarize, and prepare recommendations
- Excellent analytical, quantitative, and qualitative skills
- Hybrid okay – team is in the office 2 days a week