Logo of Huzzle

Internship - EU Strategic Commercial Finance (m/f/x)

image

Wayfair

7d ago

  • Internship
    Full-time
    Placement Program
  • Data
    Banking & Finance
  • Berlin

AI generated summary

  • You must be enrolled in a relevant degree, possess strong analytical and quantitative skills, excel in Excel and SQL, and communicate insights effectively to leadership. Passion for problem-solving is essential.
  • You will analyze business problems, support financial closing, partner with teams on initiatives, forecast spending, identify cost savings, develop dashboards, and understand the European P&L structure.

Requirements

  • Currently enrolled in a university program or a degree in Industrial Engineering, Mathematics, Economics, Statistics, Physics, or a related field with a heavy quantitative focus.
  • Strong analytical and quantitative skills, particularly in financial data analysis.
  • Experience working with large datasets and resourcefulness in obtaining data when it is not readily available.
  • Proficiency in Microsoft Excel and SQL.
  • Excellent cross-functional communication skills and the ability to effectively convey insights from analyses to senior leadership.
  • Strong organizational skills, attention to detail, and ability to prioritize and multitask.
  • Passion for solving complex business problems.

Responsibilities

  • Translate high-level business problems into more specific questions that can be answered through data-driven analysis.
  • Partner with the Accounting team to execute the monthly financial closing process.
  • Serve as a strategic finance partner for the European Commercial teams to assess the impact of initiatives and their cost implications.
  • Collaborate with Finance Leadership on a quarterly basis to conduct a financial health check and forecast operational spend for the next 12-24 months.
  • Work with the Profitability Management and Strategic Operations Finance teams to identify opportunities for cost savings and margin optimization.
  • Develop and maintain dashboards and reports to monitor performance and identify areas for improvement.
  • Gain expertise in the European P&L structure at Wayfair.

FAQs

What is the duration of the internship?

The internship lasts for 6 months and is a full-time position.

What are the working hours for this role?

The internship is a hybrid role with an in-office expectation from Monday to Thursday.

What type of candidates are you looking for?

We are looking for recent university graduates or current students pursuing a degree in fields such as Industrial Engineering, Mathematics, Economics, Statistics, Physics, or a related area with a heavy quantitative focus.

What skills are required for this internship?

Required skills include strong analytical and quantitative skills, proficiency in Microsoft Excel and SQL, experience working with large datasets, excellent cross-functional communication skills, strong organizational skills, and a passion for solving complex business problems.

Will I have opportunities to work with senior leadership?

Yes, the role involves effectively conveying insights from analyses to senior leadership, particularly in collaboration with Finance Leadership for quarterly financial health checks.

What kind of projects will I work on during the internship?

Interns will work on translating business problems into specific analytical questions, collaborate on financial closing processes, assess initiative impacts, identify cost savings opportunities, and develop performance dashboards.

Is prior experience necessary for this internship?

While specific prior experience is not required, strong analytical skills and proficiency in data analysis tools are important. We welcome candidates eager to learn and gain experience in a data-driven environment.

Does Wayfair offer equal employment opportunities?

Yes, Wayfair is an equal opportunity employer and values the diversity of its employees, customers, and community.

Where is Wayfair's office located for this role?

This internship may be based in either the global headquarters in Boston or Berlin, depending on the specific office location for the position.

What is the culture like at Wayfair?

Wayfair fosters a community of innovators and risk-takers, celebrating differences and unique perspectives to drive success and build a better workplace for all.

Retail & Consumer Goods
Industry
10,001+
Employees
2002
Founded Year

Mission & Purpose

Wayfair is the destination for all things home: helping everyone, anywhere create their feeling of home. From expert customer service to the development of tools that make the shopping process easier, to carry one of the widest and deepest selections of items for every space, style, and budget, Wayfair gives everyone the power to create spaces that are just right for them.