Intern – Cost Accounting – Cost Accounting

Job Description

Intern Graduate – Cost Accountant | Terumo Blood and Cell Technologies

The Tone:
This is a post-graduate internship at Terumo Blood and Cell Technologies, located in Lakewood, Colorado, open to candidates willing to relocate. The company designs and manufactures medical devices and related products used to collect, separate, manufacture, and process various components of blood and cells. This role is crucial for supporting financial analysis, improving cost visibility, and contributing to data-driven decision making, ultimately impacting patient lives worldwide through the advancement of healthcare.

The TL;DR
• Role: Internship
• Location: In-person, Lakewood, Colorado
• Pay: $35 hourly
• Mission: To support financial analysis, enhance cost visibility, and contribute to data-driven decisions that identify opportunities for efficiency and savings.
• Tech Stack: Microsoft Excel, financial systems or ERP platforms

What You’ll Actually Do
• Project Work: Performs planned work to achieve project goals while gaining experience with cost accounting practices, financial systems, and company policies.
• Cost Data Analysis: Collects, analyzes, and interprets cost data to support operational and financial reporting needs.
• Financial Reporting: Supports the preparation of cost reports, variance analyses, and summaries to identify trends, discrepancies, and improvement opportunities.
• Cross-Functional Collaboration: Works with cross-functional teams such as operations, procurement, and finance to gather information and clarify cost-related data.
• Budget Support: Compiles data and assists in financial analysis to support the budgeting and forecasting process.

The Must-Haves
• Background: Completed Bachelor’s degree in Accounting, Finance, or a related field, with foundational knowledge of accounting principles, including cost accounting concepts.
• Experience: No prior full-time experience is required for this role.
• Skills: Analytical mindset with the ability to evaluate data and identify trends, capability to apply accounting concepts to support financial decisions, proficiency in Microsoft Excel, strong attention to detail, and effective communication skills.
• Bonus: May be pursuing or interested in pursuing a Master’s degree (e.g., MBA or Master’s in Accounting or Finance), and general familiarity with financial systems or ERP platforms.