What are the responsibilities and job description for the Finance Intern position at Strattec Security Corp.?
Responsibilities
STRATTEC Security Corporation is one of the world's largest suppliers providing access and security systems to the automotive market. This drives us to be an innovative company with the latest technology. STRATTEC creates exciting opportunities to people who like to work in an environment that challenges them to be creative, deal with multiple customers and projects, and research the latest technology. You will help STRATTEC to be a pioneer by working closely with the largest automotive customers in the world along with the largest electronic partners.Let us know who you are! We want to know what motivates you and why you are the ideal candidate for our growing team. The ideal candidate will possess a team oriented attitude; Must possess a desire to learn, and apply a ‘sense of urgency’ when required This position assists the Product Cost Analysts who are responsible for creating financial models used to calculate the cost of a product and determine the sell price needed to meet expected financial metrics.
Assist cost analysts in day-to-day work as well as monthly reporting and special projects. Including:- Monthly gross margin reporting- Building financial models- assist with customer price breakdowns- Assist with the annual sales forecast- Monitor and track program margins and create trends
Skills you will learn / Experiences you will gain:- You will become very proficient in Microsoft Excel. Learn Formulas, pivot tables, graphs - Learn product costing, sensitivity analysis, and elements of cost drivers: Raw material, purchased parts, labor and overhead- Learn financial metrics: gross margin, operating profit, net present value, return on investment- Learn how to build a financial model, compare cost and pricing and help drive business decisions- You will develop into a strong and effective team player while working with a geographically distributed support team.
Qualifications
Finance and/or accounting major- Sophomore or junior year standing preferred- Basic knowledge of Microsoft Excel- Interest in learning finance of manufacturing and operations- Able to take direction and complete tasks with little supervision- Strong communication skills, including asking questions to understand the purpose of tasks - Logical thinker, able to determine next steps- Able to work the majority of the week during summer and winter break- Able to work during the school year part time
STRATTEC SECURITY CORPORATION is an equal opportunity employer and practices affirmative action to recruit, hire, train, upgrade, transfer and promote persons in all job titles without regard to race, color, creed, religion, sex, age, national origin, disability or protected veteran status.
