Finance Summer Internship jobs at Truist in United States, Charlotte

Regular or Temporary:

English (Required)

Regular or Temporary:

English (Required)

Regular or Temporary:

English (Required)

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Collaborates and works across the Finance division to ensure integrity of the financials and ensures sound controls and procedures.
• Supports reporting and analysis for additional constituencies, including Board of Directors, Investor Relations, and various regulatory agencies.
• Senior Financial Manager role that coordinates financial analysis and reporting process workflow within team.
• Provide leadership, talent development, and mentoring for team members to improve their own technical expertise; review and approve work of other team members.
• Foster a team environment that promotes diversity and inclusion broadly across the organization. Ensure that changes to reporting process workflow and/ or data source are documented and communicated to downstream reporting groups.
• Identifies and resolves technical, operational, risk management, business, and organizational challenges. Understands & exemplifies Truist's risk appetite; adheres to both the letter and spirit of applicable corporate policies, procedures, processes, standards and regulatory/compliance requirements.
• Takes a new perspective on existing solutions to propose innovative solutions.
• Establishes long-term solutions for continuous improvement.
• Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.
• Lead assigned LOBs through annual planning process, including rationalizing corporate Plan allocated to LOB and adjustments for organizational changes or reinvestments.
• This includes working closely with Executive Management and LOB Senior Leadership to develop the annual budget.
• Serve as central coordination point between the Corporate Financial Planning department, Financial Executives and assigned LOBs to implement corporate directives into the financial plans.
• Work closely with LOB Senior Leadership to ensure their agreement with, and incorporate their directives into, the division's overall financial plan.
• Serve as the centralized contact point for the assigned LOBs for the Comprehensive Capital Analysis and Review (CCAR) and Stress Test data submissions and provide feedback to the LOBs on the data submitted.
• Work closely with LOB Senior Leadership to provide financial support and complete other assigned projects, as requested, on an independent level with minimal direction.
• Responsibilities may include preparation of presentations regarding new business or product initiatives, financial results of the LOB group, budget and corporate plan results, preparation and maintenance of various management reports, support and coordination of the strategic planning processes for the assigned LOB units, support and coordination of the annual IT Strategic Project process, coordination with Enterprise Support Services and IT in carrying out their responsibilities for assigned LOBs; financial analysis and operational support for merger and acquisition opportunities, and serve on special LOB projects as requested.
• Support the quarterly issuance of the LOB Segment Reporting in the Press Release and regulatory filings (Annual 10-K and quarterly 10-Q's) through the gathering of reporting data from the assigned LOBs. Develop an error-free documentation trail to support the submission of the data and meet the various submission deadlines.
• Manage the accounting responsibilities for the supported Business Unit (s).
• Responsibilities include: ensuring GAAP compliance, managing the monthly accounting cycle, maintaining appropriate controls to ensure the timely and accurate posting of entries for all transactions, ensuring accurate completion of closing packages and management reports including explanation of changes and narrative on results of operations, and ensuring all assigned account reconcilements are up-to-date and in compliance with reconcilement policy.
• Provide first line execution and oversight for financial reporting controls and risk for Finance processes.
• Provide accounting guidance to Business Unit (s) leadership and consult with Accounting Policy, as appropriate, on matters including but not limited to business combinations, intercompany transactions, capitalization, revenue recognition, cost allocations and accrual and fixed asset accounting.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor's degree in Accounting or Finance, or equivalent education and related training.
• Twelve years of relevant accounting or finance experience that includes complex financial analysis.
• Incumbent must possess the experience and business vision to provide leadership to support to the division manager and Executive leadership.
• Sound and comprehensive understanding of business and organizational strategies and processes. Ability to build consensus through communication and presentation of factual and relevant information.
• Strong verbal and written communication skills to interpret and communicate financial analysis to business partners in a concise and useful manner.
• Strong analytical and problem-solving skills.
• Sound and logical decision-making abilities.
• Demonstrated leadership skills and ability to work well with others in a dynamic, team-oriented environment.
• Familiarity with GAAP, with specific knowledge of GAAP related to supported LOBs. High proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products. Financial Modeling experience.

Preferred Qualifications:

• Supervisory experience of multiple teams
• Specific financial services or specialized industry experience.
• Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software.
• Experience with macros/VBA.
• Strong understanding of Wholesale Banking and Deposits products
• Ability to work within a matrixed organization.

Regular or Temporary:

English (Required)

Essential Duties and Responsibilities

1. Build and maintain strong dealer relationships by presenting the company’s value promise to all dealership personnel inclusive of Finance Directors, Sales managers, General Managers, Controllers, and Dealer Principals.
2. Exceed monthly and quarterly volume, quality, and efficiency objectives set by management.
3. Be well versed in DRS natural fit IRM partners and deliver Truist solutions to dealer clients as defined by annual objectives.
4. Responsible for making quality sales calls to existing dealer clients averaging a minimum of 100 face-to-face dealer visits per month.
5. Utilize salesforce.com to document dealer visits and provide documentation of specific dealer issues.
6. Act as a “Trusted Advisor” to dealer management by being aware of up-to-date industry trends by reading trade journals and publications and keeping up with local developments.
7. Be the first line of defense and protect the bank against industry risk such as reputational risk.
8. Maintain assigned Key Performance Indicators (KPI).
9. Comply with Truist policies with regard to expenses, corporate code of ethics, compliance, and corporate communication.
10. Conduct investigations when needed with regard to dealer issues, fraud accounts, straw purchases, and unperfected liens.
11. Other critical tasks and duties assigned.

12.The annual base salary for this position is $80,550 to $142,480.

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor’s degree, or equivalent education and related training
2. 3 years of experience in industry-related territory relationship management
3. Excellent marketing and communication skills
4. Excellent problem-solving skills and analytical abilities
5. Excellent interpersonal skills to maintain strong relationships with dealers and teammates
6. Strong sales, negotiation, and persuasive skills
7. Ability to work independently during times of limited supervision and demonstrate ownership and accountability for their territory
8. Demonstrate proficiency in basic computer applications such as Microsoft Office software products
9. Ability to travel, occasionally overnight
10. Reliable and professional personal transportation to perform designated duties

1. 5 years’ experience in the auto finance industry
2. Local knowledge and established relationships within the designated territory
3. Extensive training and development within the auto finance industry

Regular or Temporary:

English (Required)

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Work with Finance Execution and Transformation to implement the strategic agenda and develop executive leadership routines
2. Own Finance calendar of events and proactively manage all activities to ensure Finance’s leadership team operates effectively given its scale
3. Develop executive presentations and maintain high standards for execution, while demonstrating a deep understanding of Finance strategy and top priorities
4. Work closely with Finance leaders to drive ongoing progress against strategic and critical BAU activities.
5. Serve as primary liaison in the execution and project management of top priority initiatives within Finance to include defining logistics and approaches needed to operationalize business strategies, maintaining thorough project plans, and ensuring all participants are organized and aligned on execution plans; requires the ability to be a meaningful contributor to complex, cross-functional initiatives that accelerate performance and results
6. Lead the development and execution against ad-hoc requests from the Chief Financial Officer and the Head of Finance Execution and Transformation; generally related to gathering data to support decision making and preparing content to support targeted discussions.
7. Develop and train junior finance talent through ongoing mentorship and program management of the Finance Leadership Development track
8. Coordinate with stakeholders across finance, enterprise technology, data management to deliver automation solutions and improve processes

Process Improvement and Automation:

1. Work closely with finance teams across Controllers, FP&A, Corporate Treasury and Business Unit Finance to drive operational excellence 2. Evaluate opportunities for enhancements to the finance operating model, to drive efficiency, support continued growth, with strong focus on risk management and robust controls
2. Develop routines to capture, inventory and prioritization of process automation and reengineering
3. Serve as a conduit and product manager between finance and technology partners to evaluate and propose business cases for automation and advanced data analytics (AI/ML)
4. Exhibit subject matter expertise in Core Financial Systems, Platforms and Fintech

Finance Transformation:

1. Develop and lead portfolio of transformation initiatives to modernize Finance
2. Evaluate and lead organizational workforce strategy to build a scalable, efficient, high performing finance organization with centers of excellence and intentional location strategy
3. Strong partner and advocate for multi-year road map of financial technology ecosystem, with project management oversight around scoping, rationalization and implementation efforts

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Strong academic credentials – college degree or equivalent education and related training or experience
2. 10+ years of experience within consulting, business management, or financial services organization with strong understanding of financial and regulatory functions within financial services and banking
3. Strong executive presence
4. Strong interpersonal, presentation and influencing skills
5. Ability to collaborate and build relationships with colleagues at all levels and achieve goals without direct control over resources
6. Demonstrate an outstanding ability to communicate effectively and confidently and to work well in cross-functional teams
7. Proven track record demonstrating a high level of personal initiative, setting, and achieving goals
8. Experience leading large-scale and complete initiatives within a finance organization
9. Ability to work in a fast-paced environment while having a high level of attention to detail
10. Advanced proficiency with MS Office tools, especially Excel, PowerPoint, and Word.
11. Proficient in Essbase, OFSAA, Alteryx, Tableau,
12. Demonstrated understanding of business and technology organization, resources, priorities, needs and policies.

Preferred Qualification:

1. Background in financial services / banking industry
2. Project Management and/or Business Analyst experience
3. Strong analytical skills with high attention to detail and accuracy
4. Ability to summarize complex, detailed analysis into executive-level summarize
5. Ability to lead by influence (
6. Strong knowledge of FP&A, Accounting, Corporate Treasury
7. Experience with Essbase, Alteryx, Tableau

Regular or Temporary:

English (Required)

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Demonstrate deep understanding of Finance strategy and top priorities and translate into relevant content for ongoing business operations and key routines (business reviews, townhall, Board materials)
2. Serve as primary facilitator in the execution and project management of top priority initiatives within Finance to include defining logistics and approaches needed to operationalize business strategies, maintaining thorough project plans, and ensuring all participants are organized and aligned on execution plans; requires the ability to be a meaningful contributor to complex, cross-functional initiatives that accelerate performance and results
3. Lead the development and execution against ad-hoc requests from the Chief Financial Officer and the Head of Finance Execution and Transformation; generally related to gathering data to support decision making and preparing content to support targeted discussions.
4. Own and facilitate the cohesive measurement of progress against top priority initiatives within Finance; involves creating standard process to track progress, facilitating monthly check-ins, and holding initiative owners accountable to their commitments.
5. As part of tracking progress against initiatives, proactively understand strategic finance business goals, identify what data points are needed to inform how to achieve business goals (e.g., benchmarks, industry trends, internal operating and financial data), then gather and synthesize data to inform decision making and measure results.
6. Proactively develop and train junior finance talent through ongoing mentorship and program management of the Finance Leadership Development track
7. Coordinate with stakeholders across finance, enterprise technology, data management to deliver automation solutions and improve processes

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Strong academic credentials – college degree or equivalent education and related training or experience
2. 3-5 years of experience within consulting, business management, or financial services organization
3. Ability to present data and business considerations in a structured manner.
4. Advanced proficiency with MS Office tools, especially Excel, PowerPoint, and Word.
5. Demonstrated understanding of business and technology organization, resources, priorities, needs and policies.

Preferred Qualification:

1. Background in financial services / banking industry
2. Project Management and/or Business Analyst experience
3. Strong analytical skills with high attention to detail and accuracy
4. Ability to summarize complex, detailed analysis into executive-level summarize
5. Ability to lead by influence (relationship building).
6. Knowledge of FP&A, Accounting, Corporate Treasury
7. Experience with Essbase, Alteryx, Tableau