As an independent group of companies, the BMW Group has a commitment to creativity and breakthrough ideas that goes well beyond the racetrack. In order to continuously create ultimate driving machines, we drive our growth and design excellence by staffing our teams with individuals who are innovative and always looking for the next great idea. If you share our vision and view yourself as an independent, creative thinker, we invite you to join our team in this exceptional role located in Woodcliff Lake, NJ.
This is a full-time internship position for our Summer rotation, from June 3, 2024 through August 16, 2024 in Woodcliff Lake, NJ.
The internship with Rolls-Royce Motor Cars NA is designed to give an insight into the various aspects of Finance at Rolls-Royce Motor Cars and offers the exciting opportunity to work in a corporate environment on various skills such as data analysis, organizational skills, and project work. This role will support the Finance team with analysis, reporting, budgeting, and other finance related areas as well as ad-hoc topics.
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Key Responsibilities:
- Close collaboration with various Rolls-Royce departments to ensure all costs are captured for accurate financial reporting at month-end
- Prepare and update a monthly fixed costs report by department to provide the status of actuals versus budget and analyze the variances
- Lead and follow up with respective teams on the timely and accurately update of weekly KPI report
- Manage Second Price Level report and keep track of Lease and Loan share development
- Support Financial Services with the preparation of residual value load files
- Analyze changes to bill rates and recommend customer interest rates based on findings
- Prepare updated interest rate grid for publishing a bulletin to all Rolls-Royce dealers
- Gain knowledge on the purchase to pay process and ensure that all requests adhere to the BMW Group purchase policy
- Collaborate with the sales operations teams to ensure all dealers submit the necessary documentation for eligible sales incentive programs
- Support regional general managers with investigating and processing outstanding dealer payments
- Work extensively in various modules within SAP
Join the BMW North America team and enjoy a high-performance Total Rewards package that may include:
- Medical Insurance
- All with options for $0 Employee contribution
- Paid Time Off in addition to Company paid holidays where eligible
- Hybrid work environment
The hourly rate for Undergraduate students is $25.30.
The hourly rate for Graduate students is $32.20.
The selected student's academic level will be used to determine the final pay rate. This statement is in accordance with state and local pay disclosure requirements.
Even more so than the generous compensation and benefits, the culture and values of Shared Services make it the ultimate working environment. These values are Responsibility, Appreciation, Transparency, Trust, and Openness. We allow these values to guide the way we conduct ourselves and our business.
At BMW, we are driven by diversity, equity, and inclusion. We are proud to be an Equal Opportunity Employer and are welcoming of all individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Qualifications
Requirements:
- Currently enrolled in a bachelor or master's degree program at an accredited college or university
- Possess a minimum cumulative GPA of 3.0 (not just in major)
- Have completed at least 30 college credit hours at time of application
- Field of study: Accounting, Business, Economics, Finance, or other related fields
- Must attach a copy of college unofficial transcript
- Ability to work full-time (36.25 hours/week)
- Advanced knowledge of Microsoft suite
- Excellent time-management skills; ability to prioritize and handle multiple tasks simultaneously
- Ability to manage sensitive and confidential information
- Excellent organizational and planning skills
- Self-motivated, adaptable to a dynamic environment
- Strong analytical capabilities
Preferences:
- Languages: English (Fluent, Oral, and written)