Finance & Accounting Internship

Job Description

About the Company:

UPS is a Fortune Global 500 organization known for its global leadership in the shipping and logistics industry. They are committed to a rewarding culture and fostering a work environment where talented teams can grow and develop their skills. UPS is looking for individuals with a unique blend of skills and passion to drive the company forward.

Job Description:

This is a summer internship opportunity with the UPS Global Finance team, specifically within Finance & Accounting. This role offers a chance to gain valuable hands-on experience in a fast-paced, global environment.

Responsibilities and Duties:

The internship program is designed to provide interns with a comprehensive understanding of the company’s culture and operations. Interns will participate in team projects with high visibility and lasting impact on UPS.

Specific areas within F&A where internships are available include:

• Global Accounting Center (GAC):
• Evaluating and implementing statutory fixed asset sub-ledgers for international locations.
• Identifying and documenting differences between statutory fixed asset guidelines and US GAAP.
• Coordinating the setup of assets in the fixed asset sub-ledger.
• Developing procedures and training resources for effective implementation.

• Risk Management:
• Managing UPS Global Insurance programs (Property/Marine Cargo, Worker’s Compensation, Auto and General Liability, Aviation, Specialty Risk Programs, etc.).
• Developing and administering programs aimed at optimizing risk transfer and reducing UPS’s long-term cost of risk.

• Tax:
• Establishing, managing, and determining tax strategies for UPS worldwide.
• Assisting with UPS’s U.S. corporate income taxes (federal, state, and local), partnerships, trusts, and excise tax filings.
• Reviewing benefit plan documents and establishing UPS policy from a tax perspective.

• Treasury:
• Assisting with operational funding and optimizing the short-term working capital investment portfolio.
• Managing financial risks for foreign exchange, energy, and interest rates.
• Creating effective banking structures and cultivating strategic banking relationships.

• Corporate Financial Reports and Plans (FR&P):
• Managing components from Corporate Accounting, External Reporting, Reporting & Consolidations, Corporate Planning, and Financial Information Systems (FIS).
• Assisting with challenges in different F&A areas, including accounting, financial analysis, reporting, and planning.

• US Domestic Finance:
• Supporting areas like cost planning, revenue management, and payroll overtime.
• Assisting the corporate management team with financial issues pertaining to reporting, monitoring costs, reviewing production, and payroll.
• Researching and interpreting financial data to provide information to management.

Preferences:

• Rising college junior or senior, or recent graduate within the last 24 months.
• Understanding of basic financial terminology and concepts (e.g., operating profit/loss, net income).
• Proficiency in Microsoft Word, Excel, PowerPoint, and Access.
• Excellent oral, written, and interactive communication skills.
• Strong research and organizational skills.
• Ability to maintain confidentiality and convey a positive and professional image.

Basic Qualifications:

• Must be a U.S. Citizen or National of the U.S., an alien lawfully admitted for permanent residence, or an alien authorized to work in the U.S. for this employer.
• Employer will not sponsor a visa for this or future positions.
• Must be currently located in the same geographic location as the job or willing to relocate yourself.
• Must be a rising college junior or senior, or recent graduate within the last 24 months.
• Must be available to work 30-40 hours per week.
• Must be located or willing to relocate to Atlanta, GA.

Other Criteria:
• Employer will not sponsor visas for the position.
• UPS is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, veteran status, disability, age, sexual orientation, gender identity, or any other characteristic protected by law.