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Finance Intern

Company: Otter Tail Corporation
Location: Lakeville
Posted on: June 8, 2021

Job Description:

Looking for a Fall 2021 Intern to work around 10-15 hours per week

Company Overview: BTD is a fast growing metalworking company. We provide custom metalwork services for some of the world's top brands. Our 1100+ employees work from four facilities throughout the Midwest and Southeast. We invest in our people, our equipment, and our facilities to offer our clients the best value possible. We are also a wholly-owned subsidiary of Otter Tail Corporation, a publicly traded company on NASDAQ.

Summary: Serves as a resource for the Finance department . Under general supervision, assists with financial reporting, variance analysis, budgeting/forecasting, capital expenditure justification/audits and the administration of Bank of America Works for expense reimbursements. Other responsibilities include identifying opportunities for improving business performance.

Safety is #1 at BTD: Our expectation is that every employee: 1) Strictly follows safety policies, rules and safe work methods. 2) Promptly corrects or reports safety hazards or unsafe conditions. Promptly reports injuries for prompt diagnosis and treatment. 3) Makes regular suggestions for safety process improvements to support continuous improvement in safety.

Essential Functions:

  • Assists with the internal financial reporting and variance analysis
  • Assists with external reporting, including the Monthly Operating Review and narrative
  • Coordinates and consolidates the monthly slide decks, for both the executive and manager meetings
  • Completes monthly statistical load in BPC and assists with the development of forecasted statistics
  • Provides functional support to operations, including hours and labor analysis
  • Assists with the development and implementation of annual and periodic updates of work center rates
  • Provides item and customer margin analysis for management
  • Assists with periodic financial forecast and budget development
  • Assists with capital expenditure justifications and audits completed projects
  • Administers and manages Bank of America Works and audits compliance against policy
  • Assists with the development and maintenance of the Financial Data Warehouse
  • Identifies opportunities for improving business processes, enhancing revenue, reducing costs or improving internal controls. Ensures integrity and reliability of the controls.
  • Document and monitor internal key controls for compliance with applicable processes, laws and regulations.
  • Assists the Finance department with other projects as needed.

Education, Experience and Skills Required: Working towards a Bachelor Degree in Accounting or Finance is required.

Experience and Skills Required:

  • Progressive knowledge of accounting and finance principles and the ability to apply them.
  • Effective communication and presentation skills and the ability to work quickly with strong attention to detail.
  • Strong computer skills, including Microsoft Word, Excel, Visio and PowerPoint.
  • Analytical Thinking - Approaching a problem by using a logical, systematic, sequential approach.

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of the job, the employee is occasionally required to stand; walk, sit; use hands to finger, handle or feel objects, tools or controls; reach with hand and arms; climb stairs; balance; stoop; kneel; crouch or crawl; talk, hear; or smell. The employee must occasionally life and/or move up to 40 pounds. Specific abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.

Work Environment: The position has good working conditions but is a diversified job requiring sustained mental effort related to public contacts, organization technical issues. The individual may encounter moderate emotional strain or tension. There is sustained exposure to public contact, sitting and computers.

Keywords: Otter Tail Corporation, Lakeville , Finance Intern, Other , Lakeville, Minnesota

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