Finance Intern

Position

Financial Analyst Intern

Location

Auburn Hills, MI

About us

BorgWarner is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market. We are a company of innovators and independent thinkers that brings together talented employees, meaningful work, and amazing technology in a unique environment. At BorgWarner we constantly work towards our vision of a clean and energy-efficient world.

Our Culture

We believe health and safety of our employees are a top priority, we care about our local communities and the global environment. BorgWarner promotes and nurtures a diverse and inclusive environment, honors integrity, strives for excellence, commits to responsibility for our communities and the environment, and builds on the power of collaboration.

Career Opportunities

We manage talent as seriously as we manage our businesses and encourage you to learn about our proud history, strong culture, technologies and future vision. We offer a strong local presence and interesting global opportunities. Start your future with BorgWarner now!

Job purpose

BorgWarner PowerDrive Systems is currently seeking a Financial Analyst to join our PowerDrive System business unit team.

The financial Analyst will be responsible for supporting both our global supply chain and finance teams through the analysis of complex pricing data, presenting data withing usable formats, preparing price impact reports, communicating, and ensuring standardization across various global reporting units. The candidate will utilize their skills to monitor and support our internal BorgWarner Supplier Liability Price Adjustment System and corresponding reporting.

Key responsibilities

Facilitates monthly supply chain forecasts, annual budget and corresponding variance analysis

Works collaboratively with global supply chain and finance team members to collect and review data for accuracy and consistency

Ensures compliance with supply chain and financial reporting policies and procedures

Integrates data from multiple data sources into relevant reports

Provides support at month and quarter end by consolidating and reconciling relevant reports.

Prepare the monthly journal entry to record intercompany charges from corporate

Use SAP to prepare monthly intercompany AR confirmations and send to each reporting unit

Reconcile GL balances in SAP and OneStream monthly

Reconcile journal entries in journal entry tracker to entries posted in SAP

Prepare monthly account reconciliations for prepaid assets, accrued liabilities, and intercompany receivable/payables

What we're looking for

Intermediate level skills within Microsoft Excel required (VLookup, if statements, pivot tables, ability to data mine and compare large data sets and research issues)

Applicant must have excellent quantitative skills and extremely detail oriented with an interest in mining large data sets for accuracy and consistency

Exceptional analytical and problem-solving skills, with an ability to produce under pressure and manage multiple competing deliverables

Ability to take initiative to develop and implement new projects and process to improve forecast accuracy and supporting data trends

Self-driven individual, ability to work independently as well as with global team members

Strong written and verbal communication skills

Schedule flexibility to support global team members within other regions as needed (Americas, Europe & Asia)

What we believe

Inclusion-We value diversity in people, ideas, and experiences.

+ Integrity- We believe in transparency, authenticity, and depend on each other to deliver what we promise.

Excellence- We contribute to our developments by seeking knowledge and sharing information.

Responsibility- We care about our local communities and the global environment.

+ Collaboration- We are one BorgWarner.

Safety

This position will adhere to Global Star Safety Program, including safety rules, practices and training as outlined in the BorgWarner PTC Safety Policy Manual, which includes the use of equipment, protective devices, or clothing that the employer requires. This individual will work in manners that stress the importance of preventing accidents and illnesses. He/she must take every precaution reasonable in the given circumstance for the protection of themselves and coworkers. In addition, he/she is responsible for reporting all injuries and/or possible dangerous situations, incidents, or occurrences to the immediate supervisor.

Equal Employment Opportunity

BorgWarner is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability or protected veteran status.

Visa Sponsorship

BorgWarner does provide sponsorship for employment visa status based on business need. However, for this role, applicants must be currently authorized to work in the United States on a full-time basis.

No Unauthorized Referrals from Recruiters & Vendors

Please note that BorgWarner and any of its affiliated companies does not seek or accept unsolicited resumes or offers from third party recruiters or staffing agencies associated with any published or unpublished employment opportunities. Any unsolicited information sent to BorgWarner will be considered as unencumbered and free from any fee or charge whatsoever. Only members of our Human Resources Team have the authority to engage or authorize recruiting services, which must be agreed upon before the unsolicited resume or offer is received.

Join the company that is creating solutions that support a cleaner, more energy-efficient world.

For more information about BorgWarner, please visit www.borgwarner.com

Internal Use Only: Indirect Hourly

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