Garrett - Finance Internship - General Accounting Intern - 4 months contract

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Employer: Garrett - Advancing Motion
Domain:
  • Banks - Financial Institutions
  • Accounting - Finance
  • Internship
  • Job type: internship
    Job level: Student/Graduate
    Location:
  • BUCHAREST
  • Updated at: 17.05.2022
    Short company description

    Garrett is a cutting-edge technology provider that enables vehicles to become safer, more connected, efficient and environmentally friendly. We lead the development of innovative and differentiated solutions which empower the transportation industry to redefine and further advance motion. We partner with the world’s leading car and truck manufacturers, creating the turbocharging, electric boosting and connected vehicle systems central to the latest generation of fuel efficient and lower emissions vehicles.

    Requirements

    You Must Have:

    • University Student in business, finance, or related field;

    • Fluent in English

    We Value:
    • Understanding of Generally Accepted Accounting Principles (GAAP)
    • Motivated self-starter; proactive in identifying issues along with recommending issue resolution
    • Ability to meet deadlines and to prioritize
    • Strong analytical skills
    • Process and results oriented
    • Reliable and consistent
    • Good MS Excel skills

    Responsibilities

    • Support with US and Local GAAP month-end closing activities: journals booking and accruals calculation under Team leader/Controller supervision
    • Support with reconciliation of bank balances with treasury balances as well as bank statements
    • Support Team leader and Sr Accountants with various excel reports and SAP data manipulation
    • Reconciliation of monthly payroll payments and employees/employer payroll contributions
    • Prepares accounting journals upon request
    • Ensures revenues have been recognised timely, if not prepares accruals to mitigate the risks
    • Prepares VAT closing journals and month end FX valuation
    • Ensure prepaid costs are booked correctly and amortized timely
    • Perform monthly account reconciliations, ensuring sufficient and quality back-ups
    • Support with periodically reports requested by local regulations (e.g. Statistics and other regulatory reporting)
    • Produces routine reports, schedules, and summaries for management

    Other info

    Other important information
    - Work type: Hybrid (3 days from the office - Pipera HQ near Pipera metro station; 2 days - work from home)

    About Us

    This is an exciting time to join Garrett Motion! Garrett is one of the automotive industry’s most iconic brands, supplying cutting-edge technology solutions to nearly every major automaker and truck manufacturer in the world. Recognized for more than 65 years for its ground-breaking turbochargers, Garrett is today leading the breakthrough of new electric boosting applications and software solutions that will continue to make vehicles safer, more connected, efficient and environmentally friendly.

    About the Team

    The Garrett Finance o​rganization drives financial processes to support the business and function organizations and maximize investment synergies while maintaining an internal control environment to ensure compliance with applicable laws, regulations and company policies. It is also responsible for the company’s Risk Management process to ensure that adequate risks mitigation efforts for the business are in place, and guarantee the integrity of all external and internal financial reporting.