2020 HQ Summer internship- Cost Accounting
2020 HQ Cost Accounting
Summer Internship
Program Overview
Summer Internship (for current juniors):
The Summer Internship Program at Niagara is unique in that interns work directly on high impact projects within one of our HQ departments. Interns will work in a fast-paced, innovative environment where they will be asked to be a key part of our operations. During this 10-12 week full-time internship, participants are encouraged to think outside the box and use a continuous improvement mindset to approach projects and come up with solutions. Interns get the opportunity to network as a part of our talent pipeline and potentially return in the future apart of our rotational program or full-time job!
Department Responsibilities
Accounting:
- Focus on Financial Analytics of Revenue
- Understanding all impacts on profit at customer as well as item level to influence business decisions
- Learn transactions in Accounts Receivable, and understand how they impact revenue, to have a better understanding of bottom line impact
- Work closely with other areas in Finance, including Analytics. Projects will be structured around AR, AP and Revenue Analytics
Example Project in Cost Accounting:
- One project is around our recycle and destruction process. It will involve reconciling plant recycle loads to recycler invoices vs payments received. Our goal is to calculate actual vs expected and identify why there is a difference. Analyze the data (billings, invoices, accounts receivable data), and estimate how much money has been saved through the new process. We recycle as much as product as possible from the plants, within the process we changed the process, but we still have to re-invoice some items in Oracle. From the original invoice internally and from the actual pay-out, determining the difference between what we were paid and what we imagined we were going to be paid, and explaining why the difference.
Preferred Qualifications & Education
- Enrolled as a junior, senior or recent graduate
- Basic Accounting understanding, Researching skills, proficiency in Excel/accounting software experience
- Communications (written and verbal), Analytical, Detailed-Oriented
- Ability and willingness to learn quickly and adapt in a fast-changing and often ambiguous situation, inquisitiveness, great communication skills, can-do attitude
- Able to handle multiple projects simultaneously
Program Dates
- Internships begin summer (May/June 2020)
Location
- HQ (Diamond Bar, California)