Finance Intern
BorgWarner
Position: Finance Intern Location : Auburn Hills, Michigan - WHQ 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 The 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 Responsibilities Financial Planning and Analysis
Global Terms of Use and Privacy Statement Carefully 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.
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 The 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 Responsibilities Financial Planning and Analysis
- Support monthly forecast cycles, including data preparation, variance analysis, and consolidation of inputs from IT cost center owners
- Evaluate actual results vs. forecast and budget, identify key drivers, and summarize variances
- Assist with budget and forecast development in NICUS, including data validation and system updates
- Support IT Finance Manager in preparing management and executive-level presentation materials
- Work with IT cost center owners to gather forecast inputs, improve data quality, and clarify financial questions
- Assist in ensuring compliance with financial and accounting guidelines related to IT spend and allocations
- Help document assumptions, risks, and opportunities related to IT forecasts and budgets
- Perform 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 outputs
- Develop and maintain Excel-based models, templates, and trackers to support forecasting and reporting processes
- Utilize Microsoft applications (Excel, PowerPoint, Outlook, SharePoint, Teams) for analysis, communication, and documentation
- Support process improvement initiatives related to forecasting, budgeting, cost center management, and reporting
- Assist in developing and maintaining standard work procedures, job aids, and training documentation
- Help identify opportunities to improve efficiency, data accuracy, and transparency within IT Finance processes
- Assist with ad hoc financial analysis and special projects as needed
- Support internal audits, data requests, and cross-functional inquiries related to IT financial performance
- Participate in training sessions to build understanding of IT financial systems and processes
- Current 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 field
- Strong analytical and problem-solving skills
- Proficiency in Microsoft Excel (formulas, pivot tables, basic data analysis); PowerPoint experience preferred
- Ability to communicate clearly with both finance and non-finance stakeholders
- Strong attention to detail and ability to manage multiple priorities
- Exposure to SAP, OneStream, NICUS, or other ERP/FP&A systems
- Prior internship or coursework related to financial analysis, budgeting, or forecasting
- Interest in IT Finance, cost management, or enterprise systems
- Experience documenting processes or creating standard work
- Must have the ability to report onsite at least three days per week
- 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.
- E xcellence - 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.
Global Terms of Use and Privacy Statement Carefully 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.
Vacancy posted more than 2 months ago
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