Finance Intern

Posted 19 Days Ago
Be an Early Applicant
Auburn Hills, MI, USA
In-Office
Internship
Automotive • Other
The Role
The Finance Intern supports IT Finance by assisting in forecasting, budgeting, financial analysis, and cost center management while utilizing ERP systems and Excel for data handling and reporting.
Summary Generated by Built In

Position: Finance Intern

Location: Auburn Hills, Michigan - WHQ

About Us

BorgWarner is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market. We are a company of innovators and independent thinkers that brings together talented employees, meaningful work, and amazing technology in a unique environment. At BorgWarner we constantly work towards our vision of a clean and energy-efficient world.

Our Culture

We believe health and safety of our employees are a top priority, we care about our local communities and the global environment. BorgWarner promotes and nurtures a diverse and inclusive environment, honors integrity, strives for excellence, commits to responsibility for our communities and the environment, and builds on the power of collaboration. 

Career Opportunities

We manage talent as seriously as we manage our businesses and encourage you to learn about our proud history, strong culture, technologies and future vision. We offer a strong local presence and interesting global opportunities. Start your future with BorgWarner now!

Job Purpose

The IT Finance Intern will support the IT Finance organization by assisting with monthly forecasting, budgeting, cost center management, and financial analysis activities. This role will work closely with the IT Finance Manager and partner with IT cost center owners as a finance business partner. The intern will gain hands-on experience using enterprise financial systems such as SAP, OneStream, and NICUS, as well as developing financial analyses and presentation materials using Excel and Microsoft applications. The role will also contribute to process improvement initiatives using AI and the development of standard work and documentation. 

Key Responsibilities

Financial Planning and Analysis

  • Support monthly forecast cycles, including data preparation, variance analysis, and consolidation of inputs from IT cost center owners 
  • Evaluate actual results vs. forecast and budget, identify key drivers, and summarize variances 
  • Assist with budget and forecast development in NICUS, including data validation and system updates 
  • Support IT Finance Manager in preparing management and executive-level presentation materials 

Business Partnering Support 

  • Work with IT cost center owners to gather forecast inputs, improve data quality, and clarify financial questions 
  • Assist in ensuring compliance with financial and accounting guidelines related to IT spend and allocations 
  • Help document assumptions, risks, and opportunities related to IT forecasts and budgets 

Systems and Tools 

  • Perform system administration support in NICUS, including maintaining data tables, user access support, and basic configuration tasks (as appropriate) 
  • Support financial activities across SAP and OneStream, including extracting data, reconciling figures, and validating reporting outputs 
  • Develop and maintain Excel-based models, templates, and trackers to support forecasting and reporting processes 
  • Utilize Microsoft applications (Excel, PowerPoint, Outlook, SharePoint, Teams) for analysis, communication, and documentation 

Process Improvement and Standard Work 

  • Support process improvement initiatives related to forecasting, budgeting, cost center management, and reporting 
  • Assist in developing and maintaining standard work procedures, job aids, and training documentation 
  • Help identify opportunities to improve efficiency, data accuracy, and transparency within IT Finance processes 

Additional Responsibilities 

  • Assist with ad hoc financial analysis and special projects as needed 
  • Support internal audits, data requests, and cross-functional inquiries related to IT financial performance 
  • Participate in training sessions to build understanding of IT financial systems and processes 

What We’re Looking For

Required Education and Experience

  • Current full-time enrollment in an accredited college, university, vocational/trade school. 
  • Currently pursuing a Bachelor’s or Master’s degree in Finance, Accounting, Business, Economics, Management Information Systems, or a related field 
  • Strong analytical and problem-solving skills 
  • Proficiency in Microsoft Excel (formulas, pivot tables, basic data analysis); PowerPoint experience preferred 
  • Ability to communicate clearly with both finance and non-finance stakeholders 
  • Strong attention to detail and ability to manage multiple priorities

Preferred Experience/Skills

  • Exposure to SAP, OneStream, NICUS, or other ERP/FP&A systems 
  • Prior internship or coursework related to financial analysis, budgeting, or forecasting 
  • Interest in IT Finance, cost management, or enterprise systems 
  • Experience documenting processes or creating standard work 

Work Environment Requirement

  • Must have the ability to report onsite at least three days per week

What We Believe

  • Inclusion-We value diversity in people, ideas, and experiences.
  • Integrity- We believe in transparency, authenticity, and depend on each other to deliver what we promise.
  • Excellence- We contribute to our developments by seeking knowledge and sharing information.
  • Responsibility- We care about our local communities and the global environment.
  • Collaboration- We are one BorgWarner.

Safety

This position will adhere to Global Star Safety Program, including safety rules, practices and training as outlined in the BorgWarner PTC Safety Policy Manual, which includes the use of equipment, protective devices, or clothing that the employer requires. This individual will work in manners that stress the importance of preventing accidents and illnesses. He/she must take every precaution reasonable in the given circumstance for the protection of themselves and coworkers. In addition, he/she is responsible for reporting all injuries and/or possible dangerous situations, incidents, or occurrences to the immediate supervisor.

Equal Employment Opportunity

BorgWarner is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability or protected veteran status.

Visa Sponsorship

BorgWarner does provide sponsorship for employment visa status based on business need. However, for this role, applicants must be currently authorized to work in the United States on a full-time basis.

No Unauthorized Referrals from Recruiters & Vendors

Please note that BorgWarner and any of its affiliated companies does not seek or accept unsolicited resumes or offers from third party recruiters or staffing agencies associated with any published or unpublished employment opportunities. Any unsolicited information sent to BorgWarner will be considered as unencumbered and free from any fee or charge whatsoever. Only members of our Human Resources Team have the authority to engage or authorize recruiting services, which must be agreed upon before the unsolicited resume or offer is received.

Join the company that is creating solutions that support a cleaner, more energy-efficient world. For more information about BorgWarner, please visit www.borgwarner.com

Internal Use Only: Indirect Hourly

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Career Scam Disclaimer:  BorgWarner makes no representations or guarantees regarding employment opportunities listed on any third-party website.  To protect against career scams, job applicants should take the necessary precautions when interviewing for and accepting employment positions allegedly offered by BorgWarner.  Applicants should never provide their national ID numbers, birth dates, credit card numbers, bank account information or other private information when communicating with prospective employers or responding to employment opportunities online.  Job applicants are invited to contact BorgWarner through BorgWarner’s website to verify the authenticity of any employment opportunities.

Skills Required

  • Currently pursuing a Bachelor's or Master's degree in Finance, Accounting, Business, Economics, Management Information Systems, or a related field
  • Strong analytical and problem-solving skills
  • Proficiency in Microsoft Excel; PowerPoint experience preferred
  • Ability to communicate clearly with both finance and non-finance stakeholders
  • Strong attention to detail and ability to manage multiple priorities

BorgWarner Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about BorgWarner and has not been reviewed or approved by BorgWarner.

  • Fair & Transparent Compensation Pay is considered fair for many roles, with “fair pay for job” and “pay is good” recurring alongside “competitive pay structure” in professional and engineering positions. Satisfaction appears stronger in technical/professional roles and certain locations.
  • Healthcare Strength Health coverage is described as comprehensive, including medical, dental, vision, advocacy resources, and a dedicated U.S. benefits hub. Employer‑paid short‑term disability and life insurance broaden the protection.
  • Flexible Benefits The offering spans HSAs/FSAs, retirement savings, disability, and formal vacation/holiday programs, with site‑specific reference guides and plan documents. Wellness‑linked options (including previously communicated no‑premium choices) add flexibility where available.

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The Company
HQ: Auburn Hills, MI
16,288 Employees
Year Founded: 1928

What We Do

As a global product leader for over 130 years, we deliver innovative and sustainable mobility solutions for the vehicle market. Guided by our commitment to inclusion, integrity, excellence, responsibility and collaboration—and our pledge to reach carbon neutrality by 2035—we’re leading the automotive industry to a future that is cleaner, healthier and safer for all. Start your future with BorgWarner now! We are looking for dedicated, talented people to fill our manufacturing and technical facilities all over the world.

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