What are the responsibilities and job description for the Corporate Treasury Intern position at International Data Group, Inc.?
Overview
IDG, Inc. is seeking a Corporate Treasury Summer Intern to join our team! The paid summer internship will provide valuable hands-on experience in corporate banking. You will have the opportunity to learn about the pivotal role performed by Treasury.
Why IDG?IDG, a Blackstone portfolio company, is the leader in data for and about technology. Our mission is to help companies grow by implementing technology insights, empowering businesses to make better decisions and thrive in the AI digital-first age.
This a Hybrid work environment, requiring the ability be on-site in our Needham, MA office 2 days per week.Recruitment Fraud Notice: IDG/IDC/Foundry would like to inform you that we conduct our formal communications via corporate email, our Applicant Tracking System iCIMS, LinkedIn messaging, or directly by phone. We do not use any other platform (including Telegram, WhatsApp, Signal, text, instant message, etc.) to communicate with prospective candidates. If you receive any communication outside of our formal communications channels, please ignore it and block the sender or caller. In addition, we do not ask candidates to provide sensitive personally identifiable information such as bank account or social security numbers. If you have been contacted by someone claiming to represent a job offer, please report it as potential job fraud to law enforcement.
Responsibilities
- Assist in the daily management of our global cash, which includes but is not limited to cash reporting, wire processing, FX/investment confirmations and trade settlement.
- Provide analysis around our global bank accounts, fee structure, cash positions and debt instruments.
- Prepare KYC/banking documentation (bank signatories, open/close accounts) to update our banking information/services.
- Assist in maintaining our ecosystem of Treasury-related models/reports/dashboards/workflow.
- Collaborate with other finance teams to resolve AR/AP reconciliation issues.
- Take on ad-hoc Treasury projects to help improve our internal processes.
Qualifications
- Undergraduate student pursuing a degree in Finance, Accounting, or a related field.
- Proficient in Microsoft 365 applications (Excel, Word, PowerPoint).
- Passion to learn and to ask questions.
- Positive attitude.
This is a paid summer internship. The ideal candidate will be available to work 30 hours per week with at least 2 days per week in our Needham office.
IDG is an Equal Opportunity Employer. Applicants and employees are considered for positions and are evaluated without regard to mental or physical disability, handicap, race, color, religion, gender, gender identity and expression, ancestry, national origin, age, genetic information, military or veteran status, sexual orientation, marital status or other categories protected by law.
At IDG we are committed to fair and equitable pay practices. We pay our employees equitably for their work, commensurate with their individual skills and experience. Salary range and additional compensation, including discretionary bonuses and incentive pay, are determined by a rigorous review process. This process considers the experience, education, certifications, and skills required for the specific role, equity with similarly situated employees, as well as employer-verified US region-specific market data provided by an independent 3rd party partner. The anticipated compensation, depending on location and experience, is between $22.00 and $32.00 an hour.
Salary : $22 - $32
