Finance Intern

Job Description

Finance Intern – Supply Chain | Colgate-Palmolive

The Tone:
This is an internship at Colgate-Palmolive, located in Morristown, Tennessee, available for part-time work during the school year and/or full-time during the summer. Colgate-Palmolive Company is a global consumer products company operating in over 200 countries, specializing in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. This role offers a hands-on experience working on real-world projects within the Global Supply Chain team, contributing to key financial responsibilities, cost analysis, and budget optimization for the TN site, directly impacting the overall financial health of supply operations.

The TL;DR
• Role: Internship
• Type: Part-time during the school year and/or full-time during the summer
• Location: In-person, Morristown, TN

• Team: Works directly with the Plant Controller and Finance Team.
• Mission: To contribute to key financial responsibilities for the TN site, involving projects, cost analysis, budget optimization, and the overall financial health of supply operations.
• Tech Stack: Financial planning tools

What You’ll Actually Do
• Account Payable: Manage the GR/IR process, including regular reviews and clearing proposals, with comprehensive purchase order (PO) monitoring and actions on aging POs.
• Month End: Assist with core accounting tasks such as reconciliations, accruals, reclasses, and CapEx tracking, supporting monthly financial reviews and senior leadership presentations.
• Costing: Handle critical, real-time costing requests for strategic decisions, gaining practical experience in cost analysis.
• Budget Management: Update and manage critical budget, MLE, and SLE files using financial planning tools, gaining practical skills in financial reporting and analysis.
• Plant Financial Operations: Monitor Asset Material Loss (AML), participate in SLOB inventory reviews, reconcile weekly confirmation variances, assist with GR auditing, and perform asset tagging.

The Must-Haves
• Background: Currently enrolled in a Bachelor’s or Master’s program, with a preference for third-year Finance or Accounting majors.
• Experience: Not specified.
• Skills: Basic knowledge of financial accounting, budgeting, and computer systems.
• Bonus: Some prior, relevant work experience in a business setting.