MBA Finance Intern
At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.
TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications and the home. With approximately 85,000 employees, including more than 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and onLinkedIn (https://www.linkedin.com/company/te-connectivity/mycompany/) ,Facebook (https://www.facebook.com/teconnectivity/) , andX (formerly Twitter) (https://twitter.com/TEConnectivity) .
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Segment, Business Unit or Corporate Group
This position will be part of the GLOBAL FINANCE -- TE Connectivity's Finance Teams are responsible for economic research, analysis of profit-and-loss income statements and preparation of reports on findings to make recommendations to management. They generate forecasts and analyze trends
Work Location
The location for this position is Berwyn, PA (Street Address: 1050 Westlakes Drive, Berwyn, PA)
Job Overview
The TE Corporate Finance Internship program is designed to develop potential leaders and allow the intern to gain valuable experience working directly with senior management, while providing unique insight into the structure of a multi-national, Fortune 500 Company.
The internship will provide experience within both Corporate Treasury and Financial Planning and Analysis (FP&A) over the course of a 12-week period. The position will be located in Berwyn, Pennsylvania (Greater Philadelphia area) or possibly virtual.
During the Treasury-based portion of the assignment, the intern will gain experience in several areas that are fundamental to the company’s financial strategy. Examples of work exposure include: (1) Capital Planning, which includes planning the corporation’s optimal capital structure and the appropriate financing vehicles to achieve that structure as well as dividends and share repurchase planning, liquidity planning, debt tender analysis, fixed vs. floating debt optimization, and credit rating modeling, (2) Hedging strategies for FX, equity, commodities, and interest rate risk exposures, (3) Asset management for pension and RSIP plans, (4) Business support including lease vs. buy analysis. Additionally, this team manages the corporation’s relationship with ratings agencies and other special projects.
During the Financial Planning and Analysis portion of the assignment, the intern will gain exposure to reporting and analysis in support of the following processes: strategic plan, annual operating plan, board presentations, quarterly earnings release, weekly sales analysis, competitive reviews, cash flow forecasting, and business unit dashboards.
The intern would be expected to provide timely and accurate financial information to corporate FP&A leaders in support of our corporate executive team, investor relations, global business units, SEC reporting and key business and functional leaders. It is also expected that the intern will be able to move quickly between projects and provide sound analytical recommendation to senior finance management inside and outside of the department. At the end of the internship, the intern will be required to create a presentation summarizing the projects.
You’re the kind of person we are looking for if you:
Have Received a High School Diploma or GED
Must be in process of obtaining MBA degree
Minimum 2 years relevant work experience with Corporate Finance or Accounting experience are preferred
Self-starter with ability to perform independent work and research
Excellent quantitative and analytical skills
Track record of demonstrated progressive leadership potential through academic, work, or community activities
Demonstrated project management capabilities with an emphasis on strategic thinking, teamwork, and results-driven implementation
Comfort dealing with ambiguity and ability to manage multiple projects
Strong presentation and communication skills (both oral and written) and comfort working across all levels of the organization
Proficiency in Hyperion, business intelligence tools, Excel, Bloomberg, Thomson Reuters, or SAP is a plus
Competencies
Values: Integrity, Accountability, Teamwork, Innovation
Compensation
• Competitive base salary commensurate with experience: $17.64 – 56.75/hour (subject to change dependent on physical location)
• Posted salary ranges are made in good faith. TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.
What TE Connectivity Internship Program offers
TE has a robust internship program that provides our interns with an abundance of resources to feel included as part of our Team. Every summer we coordinate various educational and networking events for our interns. The TE University Relations team will be hosting virtual meetups, information sessions, tours, skill building presentations, and topping it off with National Intern Day celebration activities.
A unique employee resource group we have is the Young Professionals Employee Resource Group (ERG). This group is committed to creating a highly engaged and empowered cross-functional network of young professionals by placing high value in Professional Development, Networking Opportunities and Community Involvement to drive the success of our interns.
In addition to the ERG, we also provide our interns with complete access to our internal library of self-lead courses. These courses include academies like leadership to help the interns develop their development in becoming future leaders at our organization. To help with their professional growth, we provide access to Mentors via our NAVIGATE platform. Mentors serve as a guide to navigate the organization and provide additional support in their career endeavors at the company. Our program provides a holistic experience for interns that targets professional development and personal growth.
Our internship program typically runs May thru August and gives students the opportunity to work on projects that contribute to the success of their team and build on their classroom experience. Throughout the 10–12-week program, interns will be provided with:
• Onboarding & Orientation
• Professional Development Workshops
• Networking Opportunities
• Operations Experience
• Executive Exposure
Timeline
TE Connectivity recruits on campus between September and March for New Grad (FT), Rotational, Internship and Co-op positions beginning in May. Once you have applied to a position, your resume and application will be reviewed. If you are selected to move to the next step in the application process, you will be contacted by a recruiter. Once you accept an offer, the onboarding process will begin in January for interns who have committed to offers in the fall semester and upon acceptance for interns who have committed to offers in the spring semester.
EOE, Including Disability/Vets
Location:
BERWYN, PA, US, 19312
City: BERWYN
State: PA
Country/Region: US
Travel: None
Requisition ID: 112477
Alternative Locations:
Function: University Reqs
TE Connectivity and its subsidiaries, affiliates, and operating units (collectively, the "Company") is committed to providing a work environment that prohibits discrimination on the basis of age, color, disability, ethnicity, marital status, national origin, race, religion, gender, gender identity, sexual orientation, protected veteran status, disability or any other characteristics protected by applicable law or regulation.