Experience:
No experience
Employment Type:
Intern/Co-op
Posted:
10/24/2018
Job Category:
Accounting
See more jobs for students and recent grads who studied:
Intern, Corporate Treasury
BorgWarner Inc. | Auburn Hills, Michigan
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Job Description

JOB SUMMARY:

The Intern will participate as member of a small staff, gaining valuable exposure to many of the critical aspects of the Corporate Treasury function at a successful global company.

KEY ACCOUNTABILITIES:

* Daily cash position utilizing the Corporate Treasury Cash Management System. The system collects daily banking data on cash received at lockboxes, accounts payable disbursements made by controlled disbursement locations, payroll disbursements, automatic clearing of lockbox accounts and funding of disbursing accounts.
* Coordinate with Shared Services Accounting to ensure appropriate accounting treatment of all cash transactions, including accrual accounting and adjusting entries.
* Financial analysis in support of Treasury operations, dividend and royalty tracking, pensions, debt and investments, and the company's global foreign exchange programs including intercompany netting.
* Create standard work procedures and assist with internal control documentation.

SPECIAL PROJECTS:

* Financial Planning and Risk Management projects as assigned.
* Support Treasury cash management system improvements.
* Annual Cash Management projects including gathering and analyzing data on global bank accounts, authorization matrices and banking access review.
* Coordinate annual confirmation of bank account signatures, collection of internal control documentation from non-US locations, tax filing of non-US bank accounts, and approvals for electronic funds transfers.

EDUCATION / EXPERIENCE:

* Candidate with significant progress toward an MBA or B.S. in a business field
* Minimum of 2-3 years office related work experience
* Strong Microsoft Office and computer skills, specifically Microsoft Excel
* Strong analytical and time management skills
* Professional communication skills

SAFETY:

This position will adhere to the Global Star Safety Framework as well as safety rules, use of equipment, protective devices, safety practices, and training which are outlined in the BorgWarner PTC Safety Policy Manual. This individual will work in manners that stress the importance of preventing incidents and illnesses. He/she must take every reasonable precaution for the protection of themselves and coworkers. In addition, he/she is responsible for reporting all incidents, near misses, and unsafe conditions and behaviors to their immediate supervisor.

EQUAL OPPORTUNITY EMPLOYER STATEMENT:

It is our policy to recruit, hire, train, and promote individuals who are qualified for any position by reason of education, training, experience, and personal characteristics, without regard to age, race, color, religion, sex, national origin, sexual orientation, disability, veteran, marital status, height, weight, or any other legally protected status

Internal Use Only: Indirect Hourly

Global Terms of Use and Privacy Statement

Carefully read the BorgWarner Privacy Policy before using this website. Your ability to access and use this website and apply for a job at BorgWarner are conditioned on your acceptance and compliance with these terms.

Please access the linked document by clicking here, select the geographical area where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the terms.

About BorgWarner Inc.

BorgWarner Inc. is a global supplier of engineered automotive systems and components for power train applications. The products are manufactured and sold globally to original equipment manufacturers (OEMs) of light-vehicles (passenger cars, sport-utility vehicles, vans and light-trucks). The Company's products are also sold to other OEMs of commercial trucks, buses and agricultural and off-highway vehicles. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia. The Company operates in two business segments: Engine and Drive train. As of December 31, 2008, the Company was engaged in 10 joint ventures. (Source: 10-K)

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