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Finance Intern

  • Internship
    Full-time
    Summer Internship
  • Logistics
    Accounting & Tax
  • Piscataway

AI generated summary

  • You must be an undergraduate graduating May/June 2026 in Finance or Accounting, with strong analytical, communication, and project management skills, plus U.S. work authorization.
  • You will validate vendor invoices, encode non-PO invoices in SAP, prepare financial reports, monitor inventory counts, and assist in logistics cost estimates for new products.

Requirements

  • To be considered for this internship, you must be an undergraduate student with an anticipated graduation date between May/June 2026
  • Desired Majors: Finance, Accounting, or related fields
  • Strong analytical skills
  • Superior interpersonal and communication skills
  • Project management and quantitative skills
  • Authorization to work in the United States for any employer required

Responsibilities

  • Vendor Invoices
  • Validation of transportation invoices against the Routing Guides and contracts, ensuring charges are in line with agreed rates
  • Validation warehousing invoices against Autopay and billing summaries
  • Encoding of non-PO invoices in SAP, ensuring proper allocation of charges to the right company code and GL accounts
  • Monitoring of the timing of posting of vendor invoices by CBS to ensure timely payment
  • Reporting
  • Preparation of weekly summaries of carrier spend, which are used for weekly projections and month-end closing accruals
  • Preparation of month-end inventory reports used to analyze actuals vs prior periods or vs Budget/Latest Estimate
  • Preparation of payment reconciliations
  • Inventory Controls
  • Monitoring of monthly cycle count and snapshot performance by the distribution centers
  • Analysis of cycle count and snapshot results to ensure that gaps are resolved/adjusted in SAP
  • Participate in wall-to-wall physical inventory counts by conducting test counts
  • Costing
  • Assist in the preparation of logistics cost estimates for new products

FAQs

What is the job title for this internship position?

The job title is Finance Intern, specifically a Logistics Finance Intern.

What are the primary responsibilities of the Logistics Finance Intern?

The primary responsibilities include validating vendor invoices, monitoring inventory controls, preparing various financial reports, and assisting in logistics cost estimates for new products.

What qualifications are required to apply for this internship?

Applicants must be undergraduate students with an anticipated graduation date between May/June 2026, with desired majors in Finance, Accounting, or related fields.

What skills are preferred for this internship role?

Preferred skills include strong analytical skills, superior interpersonal and communication skills, project management, and quantitative skills.

What is the salary range for the Finance Intern position?

The salary range is between $20.00 and $30.00 USD, determined based on experience, qualifications, and location.

Are there any benefits associated with this internship?

Yes, benefits include a comprehensive package consisting of medical, dental, vision insurance, paid parental leave, disability coverage, participation in a 401(k) plan with company matching, and a minimum of 15 vacation/PTO days plus 13 paid holidays.

Is there an opportunity for the Finance Intern to convert to a full-time position?

While the job description does not specifically mention conversion opportunities, Colgate-Palmolive fosters a culture of growth, which may provide opportunities for advancement.

Is remote work an option for this internship?

The position is hybrid, which means there is some allowance for remote work, but it may require on-site presence as well.

Does Colgate-Palmolive have an equal opportunity employment policy?

Yes, Colgate-Palmolive is an equal opportunity employer and ensures that all qualified applicants receive consideration without regard to various protected characteristics.

What type of work authorization is required for this internship?

Candidates must have authorization to work in the United States for any employer.

We are Colgate, a caring, innovative growth company reimagining a healthier future for all people, pets and planet.

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

We are Colgate, a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. We are Colgate, a caring, innovative growth company that is reimagining a healthier future for all people, their pets, and our planet. We are a leading global consumer products company with 34,000 people dedicated to improving the health and wellness of people and their pets. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition and reaching more than 200 countries and territories, Colgate teams are developing, producing, distributing and selling health and hygiene products and pet nutrition offerings essential to society through brands such as Colgate, Palmolive, elmex, Tom’s of Maine, hello, Sorriso, Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Filorga, eltaMD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. We are also recognized for its leadership and innovation in promoting environmental sustainability and community wellbeing, including our achievements in saving water, reducing waste, promoting recyclability and improving the oral health of children through our Bright Smiles, Bright Futures program, which has reached more than one billion children since 1991.