Project Finance Intern (7985)

Are you looking for an opportunity with plenty of growth potential? Do you enjoy working in an exciting, fast-paced, collaborative environment? Are you interested in working with the world’s most innovative companies to create a more connected world? 

Connecting Continents. Impacting Communities. 

The backbone of the Internet is a series of high-tech subsea fiber optic cables deployed throughout the globe - SubCom has deployed over 50% of them. Our employees ensure data communications networks are engineered, manufactured, deployed to the highest standards, enabling faster and more reliable connectivity to communities worldwide. Every member of the SubCom team plays a role in an end-to-end process that is critical to enterprises, governments, big cities, and rural towns. 

We encourage, expect, and value creativity, thoughtful risk taking, openness to change, and diverse perspectives. Whether you’re a seasoned applicant seeking a new and exciting challenge, or you’re new to the workforce and looking for a flexible, rewarding, and fast-paced position with an innovative and stable organization (since 1953), SubCom has opportunities to advance your career. 

Position Overview

The Project Finance Intern will serve on the financial team for large scale undersea telecommunication projects. They will work with a matrix-style project team comprised of representatives from across the organization, supporting all phases of the project (sales, engineering, manufacturing, marine installation). The Project Finance Intern will seek to maximize revenue, control costs, and identify risks and opportunities. They will ensure all team members are aware of financial objectives and report on performance, risks, and mitigations. Duties will include preparation of project budgets, project forecasts, variance analyses, project changes/contract variations; oversight of customer billing and collections; supporting book close, forecasting, annual budget preparation, and audits. 

Responsibilities

• Support one or more projects, (simultaneously), from sales phase through completion. 
• Construct initial project cost budget, in collaboration with Sales, Project Management ("PM"), Manufacturing, and Marine Operations.
• Work with PM and Operations to construct a monthly forecast on revenue, cost, billing/collections for the life of the project. 
• Prepare and present reports on financial performance (project P&L, variance analysis, billing/collections, etc.). 
• Provide financial support for proposed contract variations and project changes. 
• Support the Project Manager and Controllers with project objectives by analyzing contract deliverables and collaborating with project team members. 
• Attend customer meetings in person or virtually. 
• Coordinate customer billing with AR department; assist with collections, as needed. 
• Support financial audits of assigned project(s). 
• Manage/assist on other financial-related aspects of the projects (insurance, tax, performance guarantees, etc.) as assigned. 
• Consistently ensures that business is always conducted with integrity and that behavior aligns with SubCom policies, procedures, and core values. 

Qualifications

• Pursuing a bachelor's degree in business administration or accounting/finance. 
• Experience with Microsoft Office. 
• Strong leadership qualities and the ability to complete assignments with little oversight. 
• Able to take ownership and responsibility. 
• Strong oral and written communication skills. 
• Comfortable asking questions and challenging the status quo. 
• High standard of integrity and attention to details. 

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization. 

Candidates for positions with SubCom must be legally authorized to work in the United States. Employment eligibility verification will be required at the time of hire. Visa sponsorship is not available for this position. 

Our selection procedure is based on local, state and federal law.

Please be sure to attach a resume to your application. We are not able to consider applications without a resume. 

AFFIRMATIVE ACTION/EQUAL EMPLOYER OPPORTUNITY 

SubCom is committed to providing a work environment that prohibits discrimination based on age, color, disability, ethnicity, marital status, national origin, race, religion, gender, gender identity, sexual orientation, protected veteran status, disability or any other characteristics protected by applicable law or regulation. 

SubCom engineers, manufactures, and installs subsea fiber optic data cables - the unsung heroes of global communication. With an unrelenting focus on quality, reliability, and value, SubCom offers flexible end-to-end building blocks for the high-tech networks that are the backbone of the world's digital infrastructure. While the company's origins date back to the mid-19th century, SubCom has deployed enough cable to circle the equator more than 25 times since its entry into the communications industry in 1955.

SUBCOM’S CORE VALUES 

Quality   -   Accountability   -   Teamwork   -   Innovation