Finance Summer Intern

Description:

The Accounting & Finance Summer Analyst will partner with the Technical Accounting, General Ledger, Consolidation, and Financial Reporting teams to support month end close, statutory reporting, and ongoing process improvements. This hands on rotation provides exposure to U.S. GAAP, IFRS, and internal control frameworks while introducing technical accounting expertise in a fast paced, multinational environment.

Technical Accounting:

* Assist in evaluating new accounting standards (e.g., ASC 842, ASC 606) and preparing impact analyses.

* Research and document accounting treatments for complex transactions.

General Ledger (GL):

* Participate in daily journal entry preparation, posting, and review.

* Reconcile GL sub ledger balances to the primary ledger and perform analytical procedures on balance sheet and income statement items.

Consolidation:

* Support the preparation of inter company eliminations and consolidations using ERP and consolidation tools (e.g., Hyperion, One Stream).

* Verify data integrity across subsidiaries and assist in the preparation of consolidated financial statements.

Financial Reporting:

* Contribute to the preparation of quarterly and annual external filings (10 Q, 10 K) and internal management reports.

* Perform variance analysis and draft commentary for senior management.

Cross Functional Projects:

* Participate in process automation initiatives (e.g., RPA, Power BI).

* Collaborate with audit, tax, and treasury teams on ad hoc requests.

Team works in office a minimum of one day a week and more often at month end and quarter close periods. Preference is for candidates to be near the Bethesda, MD office.

Basic Qualifications:

* Currently enrolled in a Bachelor's (or Master's) program majoring in Accounting, Finance, Business Administration, or a related field.

* Strong academic foundation in financial accounting, managerial accounting, and corporate finance.

* Proficiency in Microsoft Excel (pivot tables, VLOOKUP, basic macros).

* Ability to obtain (or already possess) a U.S. work authorization for the internship period.

Desired

Skills:

* Prior internship or project experience in accounting, finance, or audit.

* Familiarity with ERP systems (e.g., SAP, Oracle, Workday) and/or consolidation software.

* Experience with data analysis tools (Power Query, Tableau, Power BI) is a plus.

* Strong analytical mindset with meticulous attention to detail.

* Effective written and verbal communication skills; ability to translate technical concepts for non-technical audiences.

* Demonstrated ability to work independently and within cross-functional teams.

* High integrity and commitment to confidentiality.

Clearance Level: None

Other Important Information You Should Know

Expression of Interest:
By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.

Ability to Work Remotely: Part-time Remote Telework:
The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.

Work Schedules:
Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.

Pay Rate:
The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $31,616 - $77,788. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information is a general guideline only.

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