Finance Intern – Financial Analysis

Job Description

Finance Intern | Aspida

The Tone:
This is an internship at Aspida, a tech-driven insurance carrier located in Durham, NC, requiring a hybrid work schedule. Aspida provides simple and secure retirement solutions and annuity products, backed by Ares Management Corporation. This role is crucial in supporting various finance functions, enabling the company to manage financial data, maintain accurate reporting, and contribute to the broader mission of protecting the dreams of its partners, producers, and clients through data-driven tech solutions and an entrepreneurial spirit.

The TL;DR
• Role: Internship
• Type: Full-time
• Location: Hybrid Raleigh-Durham-Chapel Hill Area

• Team: Finance team (Tax, Strategy, Controllership, or FP&A)
• Mission: This person helps the finance department manage financial data, support reporting, and contribute to strategic financial initiatives across various functions.
• Tech Stack: SAP, Oracle, QuickBooks, Microsoft Word, Excel, Access

What You’ll Actually Do
• Budgeting & Forecasting: Support the preparation and review of budgets and forecasts, including performing variance analysis by comparing actual versus budgeted numbers.
• Financial Record Management: Assist with account reconciliation for bank statements, accounts payable/receivable, and general ledger entries, identifying and reporting discrepancies.
• Financial Reporting: Help prepare monthly, quarterly, and annual financial reports, supporting the team in ensuring accuracy and compliance with company policies.
• Transaction Processing: Assist with reviewing and processing vendor invoices and employee expense reports, ensuring documentation accuracy and compliance with internal policies.
• Financial Research & Projects: Conduct basic financial research on market trends, competitors, or investment opportunities, and assist with special projects such as cost-saving initiatives or financial modeling.

The Must-Haves
• Background: Working towards a Bachelor’s degree in Finance or Accounting. This is an entry-level position.
• Experience: No specific years of experience are required, but proficiency in Microsoft Word, Excel, and Access applications is essential.
• Skills: Demonstrated analytical, problem-solving, and organizational skills, along with clear and concise verbal and written communication abilities.