What are the responsibilities and job description for the Intern- Finance position at Metal Processing Group, an Affiliate of The Heico Companies?
The Company
Metal Processing Group MPG U.S. (also referred to as the US Wire Group) is the parent of three independent companies (five manufacturing facilities) which produce steel wire and strand related products that serve many industries. Each facility operates as its own profit center. The independent business model fosters entrepreneurship and growth and allows professional development at all levels. The US Wire Group is part of the Metal Processing Group and wholly owned by The Heico Companies, LLC.
Our philosophy of developing close customer contact to provide prompt, responsive service and meet our customers’ changing needs allows us to be leaders within our respective industries. Products are marketed domestically through a direct sales force, manufacturer's representatives, and an established network of independent distributors. Our company is diverse and has a solid management base, product/market niches, and efficient manufacturing capabilities.
Job Description Summary
The Financial Intern contributes to research on federal and state funding programs, and market opportunities while supporting core financial planning and analysis. The role prepares management reports, assists with monthly close activities, and analyzes budgets, forecasts, and performance variances. It also helps develop Power BI dashboards, supports executive reporting, identifies process improvements, and completes ad hoc analysis.
Job Responsibilities
EOE M/F/D/V
Metal Processing Group MPG U.S. (also referred to as the US Wire Group) is the parent of three independent companies (five manufacturing facilities) which produce steel wire and strand related products that serve many industries. Each facility operates as its own profit center. The independent business model fosters entrepreneurship and growth and allows professional development at all levels. The US Wire Group is part of the Metal Processing Group and wholly owned by The Heico Companies, LLC.
Our philosophy of developing close customer contact to provide prompt, responsive service and meet our customers’ changing needs allows us to be leaders within our respective industries. Products are marketed domestically through a direct sales force, manufacturer's representatives, and an established network of independent distributors. Our company is diverse and has a solid management base, product/market niches, and efficient manufacturing capabilities.
Job Description Summary
The Financial Intern contributes to research on federal and state funding programs, and market opportunities while supporting core financial planning and analysis. The role prepares management reports, assists with monthly close activities, and analyzes budgets, forecasts, and performance variances. It also helps develop Power BI dashboards, supports executive reporting, identifies process improvements, and completes ad hoc analysis.
Job Responsibilities
- Helps preparing reporting and analytics meant to provide management with the information needed to make financial business decisions.
- Participates in consolidating annual plan, monthly results, forecast requirements, and related reporting to Heico corporate accounting; assists with the monthly close-related activities.
- Analyzes and interprets financial plans, budgets, profit and loss statements, and other financial documents as assigned
- Analyzing variances from planned and forecasted results; informs about any inconsistencies or infractions.
- Analyzes monthly results and provides feedback on key variances relating to sales volume, price, mix, sales reserves, rebates, discounts, and freight.
- Assists with creating and submitting monthly executive packages for senior Heico leadership.
- Utilizes Power Platform tools to build effective analysis. Assists in developing Power BI reports and dashboards through various data sources.
- Participates in Platform research projects: researches import dynamics, federal and state funding programs, available and serviceable market.
- Identifies opportunities for continual improvement through reporting and analysis.
- Performs ad hoc analysis as requested and other related duties as assigned.
- Bachelor’s degree in Accounting or Finance, or current enrollment in one of these programs.
- Prior internship or work experience in an accounting or finance role desired.
- Demonstrated interest and experience in research.
- Strong Excel skills and proficiency in Word and PowerPoint.
- Strong analytical, problem-solving, and communication abilities.
- Excellent work ethics and attention to detail
- Ability to manage multiple priorities effectively.
EOE M/F/D/V