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Procurement / Accounts Payable Internship

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Fitch Ratings

2mo ago

  • Internship
    Full-time
    Summer Internship
  • Logistics
    Accounting & Tax
  • New York
  • 18d left

AI generated summary

  • You must be a rising junior/senior in business, finance, or economics, self-motivated, detail-oriented, skilled in communication, familiar with Word, Excel, PowerPoint, and records management.
  • You will assist with daily tasks, audit procurement systems, develop documentation, partner on supplier profiles, and support Accounts Payable in streamlining payment operations.

Requirements

  • Rising junior or senior at an accredited university, preferably working towards a degree in business, finance, or economics.
  • Self-starter who can understand objectives, work independently, and is highly motivated.
  • Strong written and verbal communication skills.
  • Team oriented, with an ability to effectively build relationships.
  • High level of focus on work quality and attention to detail.
  • The candidate should have strong analytical capabilities coupled with aspirations to develop business acumen.
  • Individuals must be self-sufficient and should have familiarity with Word, Excel, and PowerPoint.
  • Familiarity with records management principles and practices.

Responsibilities

  • Assist members of the team on day-to-day tasks as well as focus on number of specific long-term projects.
  • The candidate will be responsible for auditing and maintaining the accuracy of Procurement internal systems such as:
  • Fitch contract management tool
  • Fitch supplier onboarding portal
  • Contingent workforce system
  • Process workflows software
  • Work closely with Centers of Excellence team to develop detailed documentation (playbooks) for the above listed systems.
  • Partner with Supplier Management to identify and complete profiles of regulated suppliers.
  • Support Accounts Payable to help enhance payment related operations by auditing suppliers, developing procedure guides, conducting reviews of goods/invoice receipt accounts and identifying and completing profiles of regulated suppliers.

FAQs

What is the duration of the Procurement / Accounts Payable Internship?

The internship will last for 10 weeks, starting on June 9th.

What type of degree is preferred for applicants?

Applicants should be rising juniors or seniors at an accredited university, preferably working towards a degree in business, finance, or economics.

What are the key responsibilities of the internship?

Interns will assist with day-to-day tasks, audit and maintain procurement internal systems, develop detailed documentation for systems, support accounts payable operations, and partner with supplier management teams.

Is there any specific software knowledge required?

Familiarity with Word, Excel, and PowerPoint is preferred.

What skills are important for the ideal candidate?

Strong analytical capabilities, written and verbal communication skills, attention to detail, self-motivation, and the ability to build relationships are important.

How does Fitch support its interns?

Fitch provides hands-on experience, mentorship, skills development, networking opportunities, and a collaborative culture.

What is the expected hourly pay for the internship role?

The expected hourly pay for the role will be $30.00.

When was the job posted?

The job was posted on March 17, 2025.

What can interns expect to gain from this experience?

Interns can expect practical experience, enhanced skills, and exposure to the finance industry, as well as opportunities for professional growth and relationship building.

Is this internship position eligible for employment after completion?

While the internship is focused on providing experience and skills, interns may have the opportunity to be considered for full-time positions based on their performance, but this is not guaranteed.

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Fitch Ratings

Finance
Industry
1001-5000
Employees
1913
Founded Year

Mission & Purpose

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence. Fitch Group is a global leader in financial information, providing critical insights that inform better decision-making in financial markets. With operations in more than 30 countries, Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, an authority in credit and macro intelligence providing fixed-income products and services to the global financial community; and Fitch Learning, a preeminent source of training and professional development. Fitch Group is owned by Hearst, a leader in diversified media, information and services.