Corporate Finance & Accounting Intern – Technical Accounting

Job Description

Technical Accounting Intern (Summer 2027) | GlobalFoundries

The Tone:
This is a full-time internship opportunity at GlobalFoundries, a leading manufacturer of essential semiconductors that enable AI at scale from the cloud to the physical world. This role is a vital part of GlobalFoundries’ entry-level talent pipeline, designed to provide students with meaningful work experience that builds skills for a career in the fast-paced and growing semiconductor industry. As an intern, you will contribute to core finance and accounting functions, gaining hands-on experience in technical accounting while receiving one-on-one mentorship and professional development.

The TL;DR
• Role: Internship
• Type: Full-time
• Location: In-person Austin, TX
• Pay: $20.00–$40.00 hourly
• Team: Corporate Finance & Accounting Team
• Mission: Support accounting research, financial reporting, and the evaluation of contract accounting implications to ensure compliance and accurate financial operations.

What You’ll Actually Do
• Monthly Close: Prepare journal entries and reconcile accounts as part of the accounting month-end close process.
• Financial Reporting: Assist in the preparation of the company’s financial statements.
• Accounting Analysis: Analyze potential accounting transactions and perform necessary research as needed.
• Process Improvement: Review accounting processes within the company and assist with internal control documentation.
• Compliance & Audit: Assist in the review of contracts to evaluate their accounting implications in accordance with GAAP, and support audit activities.

The Must-Haves
• Background: To be considered for this internship, candidates must be at least a sophomore at the time of application and actively pursuing a Bachelor’s or Master’s degree in Finance, Accounting, Economics, Business Administration, or a closely related field through an accredited degree program during the entire internship period. This role is ideal for an entry-level professional seeking foundational experience in corporate finance and accounting within a global technology company. Academic standing is critical, requiring an overall GPA of 3.0 or higher.
• Experience: This role requires the ability to commit to working at least 40 hours per week during the internship term. While not mandatory, candidates with prior related internship or co-op experience will be favorably considered. Furthermore, applicants who can demonstrate prior leadership experience, whether gained in the workplace, through academic projects, or in competitive environments, will stand out.
• Skills: Essential skills include full fluency in English, both written and verbal, to facilitate clear communication within a global team. Strong attention to detail is paramount for accuracy in financial tasks, alongside a strong sense of urgency and the ability to effectively prioritize multiple responsibilities. Candidates should also possess robust planning and organizational skills, coupled with a curious and inquisitive mindset that enables them to challenge existing processes and contribute to improvements.
• Bonus: A strong interest in leveraging AI tools and other emerging technologies to enhance productivity, streamline workflows, and support effective decision-making processes is a highly valued asset. Additionally, candidates with demonstrated project management skills, including the capability to innovate and execute on solutions that matter, and the ability to navigate ambiguity effectively, are encouraged to apply.