Finance Intern
BorgWarner
Position: Finance InternLocation: Auburn Hills, Michigan - WHQAbout UsBorgWarner 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 CultureWe 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 OpportunitiesWe 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 PurposeThe IT Finance Intern will support the IT Finance organization by assisting with monthly forecasting, budgeting, cost center management, and financial analysis activities. This role will work closely with the IT Finance Manager and partner with IT cost center owners as a finance business partner. The intern will gain hands-on experience using enterprise financial systems such as SAP, OneStream, and NICUS, as well as developing financial analyses and presentation materials using Excel and Microsoft applications. The role will also contribute to process improvement initiatives using AI and the development of standard work and documentation.Key ResponsibilitiesFinancial Planning and AnalysisSupport monthly forecast cycles, including data preparation, variance analysis, and consolidation of inputs from IT cost center ownersEvaluate actual results vs. forecast and budget, identify key drivers, and summarize variancesAssist with budget and forecast development in NICUS, including data validation and system updatesSupport IT Finance Manager in preparing management and executive-level presentation materialsBusiness Partnering SupportWork with IT cost center owners to gather forecast inputs, improve data quality, and clarify financial questionsAssist in ensuring compliance with financial and accounting guidelines related to IT spend and allocationsHelp document assumptions, risks, and opportunities related to IT forecasts and budgetsSystems and ToolsPerform system administration support in NICUS, including maintaining data tables, user access support, and basic configuration tasks (as appropriate)Support financial activities across SAP and OneStream, including extracting data, reconciling figures, and validating reporting outputsDevelop and maintain Excel-based models, templates, and trackers to support forecasting and reporting processesUtilize Microsoft applications (Excel, PowerPoint, Outlook, SharePoint, Teams) for analysis, communication, and documentationProcess Improvement and Standard WorkSupport process improvement initiatives related to forecasting, budgeting, cost center management, and reportingAssist in developing and maintaining standard work procedures, job aids, and training documentationHelp identify opportunities to improve efficiency, data accuracy, and transparency within IT Finance processesAdditional ResponsibilitiesAssist with ad hoc financial analysis and special projects as neededSupport internal audits, data requests, and cross-functional inquiries related to IT financial performanceParticipate in training sessions to build understanding of IT financial systems and processesWhat We’re Looking ForRequired Education and ExperienceCurrent full-time enrollment in an accredited college, university, vocational/trade school.Currently pursuing a Bachelor’s or Master’s degree in Finance, Accounting, Business, Economics, Management Information Systems, or a related fieldStrong analytical and problem-solving skillsProficiency in Microsoft Excel (formulas, pivot tables, basic data analysis); PowerPoint experience preferredAbility to communicate clearly with both finance and non-finance stakeholdersStrong attention to detail and ability to manage multiple prioritiesPreferred Experience/SkillsExposure to SAP, OneStream, NICUS, or other ERP/FP&A systemsPrior internship or coursework related to financial analysis, budgeting, or forecastingInterest in IT Finance, cost management, or enterprise systemsExperience documenting processes or creating standard workWork Environment RequirementMust have the ability to report onsite at least three days per weekWhat We BelieveInclusion-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.SafetyThis 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 OpportunityBorgWarner 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 SponsorshipBorgWarner 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 & VendorsPlease 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 Use Only: Indirect HourlyGlobal Terms of Use and Privacy StatementCarefully 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.Career Scam Disclaimer: BorgWarner makes no representations or guarantees regarding employment opportunities listed on any third-party website. To protect against career scams, job applicants should take the necessary precautions when interviewing for and accepting employment positions allegedly offered by BorgWarner. Applicants should never provide their national ID numbers, birth dates, credit card numbers, bank account information or other private information when communicating with prospective employers or responding to employment opportunities online. Job applicants are invited to contact BorgWarner through BorgWarner’s website to verify the authenticity of any employment opportunities. #J-18808-Ljbffr
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