Finance Co-Op (Summer 2025)

$49,920 - $49,920/Yr

Precision Castparts - Mentor, OH

Full-time - Intern

Mentor, OH

10,001+ employees

Primary Metal Manufacturing

About the position

The Finance Co-Op position at Precision Castparts Corp. offers a unique opportunity for interns to gain hands-on experience in the finance department of a leading manufacturing company. This internship is designed for students who are eager to learn about financial operations within a large organization, particularly in the aerospace and industrial sectors. Interns will be involved in various financial tasks, including daily profit and loss (P&L) analysis, travel expense processing, account reconciliations, and ensuring compliance with the Sarbanes-Oxley Act (SOX). The role emphasizes the importance of understanding variable costs and communicating effectively with department managers to provide them with relevant financial information. Interns will support the operations team by conducting data analysis, responding to financial inquiries, and assisting in month-end close activities. This includes compiling general ledger entries, preparing balance sheet reconciliations, and reviewing prepaid and accrual accounts. A significant aspect of the internship involves SOX compliance, where interns will document internal controls and assist with quarterly testing requirements. Additionally, interns will perform internal audits to ensure adherence to critical control measures, contributing to the overall financial integrity of the organization. The position requires maintaining a positive work atmosphere and effective communication with colleagues and supervisors. Interns will also have the chance to take on additional responsibilities as assigned, providing a comprehensive learning experience in a dynamic work environment. This internship not only offers practical experience but also positions interns favorably for future co-op rotations and full-time employment opportunities within the company.

Responsibilities

• Gain exposure to and be involved with the Daily P&L analysis.
• Process travel expenses and perform account reconciliations.
• Ensure compliance with SOX regulations and document internal controls.
• Analyze variable costs and communicate findings to department managers.
• Support the operations team with data analysis and financial inquiries.
• Assist in month-end close support through general ledger entry compilation.
• Review and prepare various prepaid and accruals as necessary.
• Prepare month-end balance sheet reconciliations as assigned.
• Perform internal auditing of various documents/functions to ensure compliance with control measures.
• Maintain a positive work atmosphere and communicate effectively with team members.

Requirements

• Currently pursuing a degree in Finance, Accounting, or a related field.
• Basic understanding of accounting principles and financial analysis.
• Familiarity with SOX compliance is a plus.
• Ability to handle stress associated with recurrent deadlines.
• Strong analytical and problem-solving skills.
• Effective communication skills, both written and verbal.

Nice-to-haves

• Previous accounting experience in a manufacturing operation is preferred but not required.
• Experience with financial software or ERP systems.

Benefits

• Paid internship at $24.00 per hour for 40 hours a week.
• Priority consideration for future co-op rotations and full-time positions.