Intern, Financial Operations – Business Analytics
BMW Group
internship
Posted on:
Location Type: Office
Location: Woodcliff Lake • New Jersey • 🇺🇸 United States
Visit company websiteSalary
💰 $25 per hour
Job Level
Entry Level
Tech Stack
OraclePythonSQLTableau
About the role
- Assist in the coordination, preparation, and submission of monthly, quarterly, and annual financial reporting for various BMW Group companies
- Help prepare monthly general ledger account reconciliations and provide support for tax planning
- Help administer ABS servicing for active transactions, including preparing and distributing monthly reports
- Liaise and collaborate with internal and external stakeholders to provide necessary analyses and supporting materials
- Monitor and analyze transaction performance and support SEC compliance and external audit requirements
- Validate risk costs and parameters, assess appropriateness, and reconcile variances
- Support the preparation of regular and ad-hoc risk reporting for internal and external stakeholders
- Help analyze and critically review risk models and parameters developed by the Risk Management team
- Assist in maintaining and enhancing the control environment in compliance with BMW Group guidelines
- Collaborate cross-geographically to design and implement internal control systems for new processes and systems
- Assist with in-depth analysis of monthly performance trends, target achievement, and variance analysis
- Perform advanced analytics using tools like Tableau and SAS to support new business, portfolio, and terminations analysis
- Contribute to the implementation of a streamlined reporting process that leverages high-quality data and powerful BI tools
- Participate in data quality assessments, identify, and receive data quality issues, and assist in prioritizing improvements
- Gather, analyze, and interpret data to solve business problems and support decision-making
- Opportunity to contribute to two key IT transformation projects underway within the organization
Requirements
- Currently enrolled in a bachelor or master’s degree program at an accredited college or university
- Possess a minimum cumulative GPA of 3.0 (not just in major)
- Have completed at least 60 college credit hours at time of application
- Field of study: Finance, Business Analytics, or a related field
- Must attach a copy of college unofficial transcript
- Ability to work full-time (40 hours/week)
- Prior BMW Group experience (applicable to international J1 students only)
- Relevant coursework or prior internship experience in finance, accounting, or data analysis
- Proficient in Microsoft Office suite, particularly Excel, PowerPoint, and Word
- Experience with data visualization tools (e.g., Tableau, Power BI) and creating impactful dashboards and reports
- Familiarity with financial reporting and accounting software (e.g., SAP, Oracle Financials)
- Basic understanding of programming languages (e.g., Python, SQL) for data extraction, manipulation, and analysis
- Knowledge of financial modeling and forecasting techniques
- Strong analytical and critical thinking abilities to identify trends, patterns, and insights from data
- Aptitude for financial analysis, including variance analysis, cost analysis, and performance tracking
- Excellent written and verbal communication skills to effectively present findings and recommendations
- Collaboration skills to work cross-functionally with various stakeholders, both internally and externally
Benefits
- Paid Time Off in addition to Company paid holidays where eligible
- Hybrid work environment
- Intern Vehicle Lease Program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial reportinggeneral ledger account reconciliationtax planningrisk modelingdata analysisfinancial modelingvariance analysiscost analysisperformance trackingprogramming languages
Soft skills
analytical thinkingcritical thinkingcommunicationcollaborationproblem-solving