Procurement, Financial Analyst Intern

Posted 5 Days Ago
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Novi, MI
In-Office
Internship
Transportation
The Role
The Procurement, Financial Analyst Intern analyzes financial data, supports budgeting, conducts scenario analyses, and improves financial reporting processes. They enhance decision-making through data insights and performance monitoring.
Summary Generated by Built In

Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets. We’re focused on the areas of greatest market need – both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions. Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers’ expectations, and motivate our team.

Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets. We’re focused on the areas of greatest market need – both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions. Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers’ expectations, and motivate our team. 

Job Summary: 

The Procurement, Financial Analyst Intern is part of a team that is responsible for providing strategic financial and analytical leadership to drive actionable analysis within the organization. This role will support Procurement in reaching performance goals and objectives by proactively identifying areas of opportunity for continuous financial improvement. This team member will be responsible for leveraging their analytical expertise to provide critical insights into financial performance, support strategic decision-making, and contribute to the overall success of the organization. 

Responsibilities 
  • Develop and maintain financial models to analyze historical data, forecast future trends, and support decision-making processes. Conduct scenario analyses and sensitivity testing to assess potential impacts on financial outcomes. 
  • Collaborate with various departments to gather relevant data for budgeting and forecasting activities. Assist in the preparation of annual budgets, providing variance analysis and explanations. 
  • Develop insight and perspective on operating plan variances. 
  • Identify key performance indicators and create dashboards to monitor and communicate financial performance. Industry/peer group comparisons and benchmarking. 
  • Identify opportunities for process improvement and automation to enhance efficiency in financial analysis and reporting. Utilize advanced data analytics techniques to extract meaningful insights from large datasets. 
  • Special projects as assigned. 
  • Monitor, maintain, and improve master data for reporting tools. 
Required Qualifications, Experience, and Education 
  • Pursuing a minimum of a bachelor’s degree in business (Supply chain focus preferred) with interest in procurement 
  • Strong proficiency in financial modeling and data analytics tools 
  • Knowledge of financial systems and multidimensional databases (JD Edwards, OneStream, Power BI, etc.) 
  • Ability to solve problems, escalate issues and manage multiple tasks 
  • Expertise with MS Office Tools; PowerPoint, Excel, etc. 
  • Experience with Tableau or MS Power BI preferred 
  • Ability to communicate effectively at all levels and articulate ideas, results of financial analysis, and actionable recommendations  Attention to detail and willingness to learn 
  • Responsibly manages sensitive or confidential information 
  • Self-starter; ability to work independently on projects and tasks 

Stoneridge is an Equal Employment Opportunity Employer. We do not discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, marital status, mental or physical disability, genetic information, veteran status or any other characteristic protected by the applicable laws in the countries we operate. Stoneridge also prohibits harassment of applicants or employees based on any of these protected categories.

Top Skills

Data Analytics
Financial Modeling
Jd Edwards
MS Office
Onestream
Power BI
Tableau
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The Company
HQ: Novi, MI
1,504 Employees
Year Founded: 1965

What We Do

Stoneridge, Inc., is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems for the automotive, medium and heavy-duty truck, agricultural and off-highway vehicle markets. The Company conducts its business into two segments: Electronics and Control Devices. The core products of the Electronics reportable segment include vehicle electrical power and distribution systems, and electronic instrumentation and information display products. The core products of the Control Devices reportable segment include electronic and electrical switch products, control actuation devices and sensors.

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