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Intern- Idea To Market Finance


Background of Functional Area  ITM Finance supports the new product development process by providing financial analys and guidance to Project Management, Brand Management, and project teams.  Financial support includes product cost/price/margin analysis, cost estimating, project financial analysis, and portfolio impact analysis.

 

Project Description      Projects are focused on helping ITM project teams understand key financial levers and impacts to their projects, through better tools and reports.  Some example projects are:

  • Develop an automated report for easy comparison of latest product cost estimate (from Appraise Cost Estimating) to product standard (from JDE), broken down by formula, package, labor & overhead. 
  • Create additional “sandbox” analytical tools to allow project teams to quickly see the relative impact of changing certain financial variables to return on investment and to product profitability.
  • Expand product portfolio analysis and reporting tools by including additional cost breakdown detail, forecast detail, trend analysis, and portfolio optimization criteria analysis.

 

Candidate Development  Project(s) will expose the candidate to the Idea To Market (product development) process, product margin analysis, discounted cash flow analysis, and the development of user-friendly tools.  The candidate will have the opportunity to interact with various areas, including HQ Finance, Brand Management and Project Management, and will further develop analytical, communication, and solution-development skills.

 

Desired Degree Working towards a Bachelor degree

 

Desired Skills  Demonstrated financial knowledge base through coursework and GPA, demonstrated initiative through work / life experiences and eagerness to learn and to contribute.

 

*This is a summer 2019 internship; qualified candidates must have a minimum GPA of 3.0 and one semester or more left of school to complete at the beginning of their internship. Candidates who have graduated are not eligible to intern. This position is located in Ada, Michigan.

 

** This position is not eligible for Sponsorship.

Company
Amway
Posted
10/12/2018
Type
Full time
Location
Ada, MI 49301, US