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Customer Finance Planning Intern

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Colgate-Palmolive

2mo ago

  • Internship
    Full-time
    Summer Internship
  • Accounting & Tax
    Business, Operations & Strategy
  • Minneapolis

AI generated summary

  • You must be an undergraduate in Finance or related fields, have strong analytical and communication skills, be available in-office 3 days/week, and authorized to work in the U.S.
  • You will update financial reports, track promotional events, support reconciliations, analyze ROI, manage sales files, participate in meetings, assist with month-end closing, and handle special projects.

Requirements

  • To be considered for this internship, you must be an undergraduate student
  • Expectation to be in office at least 3 days per week
  • Desired Majors: Finance, Accounting, or related fields
  • Strong analytical skills
  • Superior interpersonal and communication skills
  • Project management and quantitative skills
  • Interest in a global career
  • Authorization to work in the United States for any employer required

Responsibilities

  • Weekly update of P&L (Profit & Loss) statement.
  • Monthly update of NVOs (Non Variable Overhead) report and Ecommerce P&L.
  • Biweekly reminder to the team of promotional events status.
  • Support Gross to Net reconciliation process on spending (Rebates / Deductions).
  • Calculate the return on investment of promotional items that sell in our customer’s stores.
  • Maintain customized files used for tracking sales vs quota and plans.
  • Participate in key business meetings.
  • Support understanding analytics on market Profit & Loss and other strategic initiatives.
  • Support month end closing activities by researching specific issues related to trade spending in order to complete closing explanations.
  • Work on special projects as needed.

FAQs

What is the location of the internship?

The internship is located in Minneapolis, Minnesota, United States.

What are the eligibility requirements for this internship?

To be considered for this internship, you must be an undergraduate student, have authorization to work in the United States for any employer, and expect to be in the office at least 3 days per week.

What majors are preferred for applicants?

Desired majors for applicants include Finance, Accounting, or related fields.

What are the key responsibilities of the internship?

Responsibilities include updating P&L statements, NVO reports, supporting Gross to Net reconciliation, calculating ROI on promotional items, tracking sales vs quota, participating in meetings, and supporting month-end closing activities.

What are the analytical skills required for this position?

Strong analytical skills are essential for tasks like updating financial reports, analyzing trade spending, and participating in strategic initiatives.

What is the duration of the internship?

The internship is expected to last from June 2025 to June 2026.

What is the salary range for this internship?

The salary range for the internship is $20.00 - $24.00 USD, determined based on experience, qualifications, and location.

What benefits are offered to salaried employees?

Salaried employees may receive a comprehensive benefits package, including medical, dental, vision, life insurance, paid parental leave, disability coverage, and participation in a 401(k) retirement plan with company matching contributions.

Is Colgate-Palmolive committed to diversity and inclusion?

Yes, Colgate-Palmolive is committed to diversity, equity, and inclusion, aiming to ensure that their workforce represents the communities they serve and fostering an environment where all employees feel they belong.

Is there a hybrid work option for this internship?

Yes, the internship is offered in a hybrid working model, requiring interns to be in the office at least 3 days per week.

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Colgate-Palmolive

We are Colgate, a caring, innovative growth company reimagining a healthier future for all people, pets and planet.

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

We are Colgate, a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. We are Colgate, a caring, innovative growth company that is reimagining a healthier future for all people, their pets, and our planet. We are a leading global consumer products company with 34,000 people dedicated to improving the health and wellness of people and their pets. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition and reaching more than 200 countries and territories, Colgate teams are developing, producing, distributing and selling health and hygiene products and pet nutrition offerings essential to society through brands such as Colgate, Palmolive, elmex, Tom’s of Maine, hello, Sorriso, Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Filorga, eltaMD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. We are also recognized for its leadership and innovation in promoting environmental sustainability and community wellbeing, including our achievements in saving water, reducing waste, promoting recyclability and improving the oral health of children through our Bright Smiles, Bright Futures program, which has reached more than one billion children since 1991.