Job Type

Full Time

Posted

1 day ago

Description

Position Summary
The UPS industrial placement program is designed to provide you with broad and invaluable Finance and Treasury experience in a relatively short period of time. Our interns are valued as analysts and we’ve created an environment that allows you to contribute new ideas and support the growth of our business through your intelligence, initiative and individuality. We look for candidates with a strong work ethic that can easily integrate into our teams, be proactive and go that extra mile.
In return, we will provide you with support and various opportunities that will give you invaluable industrial experience, contributing to the achievement of your degree, future career prospects and potentially a future employment opportunity with UPS.
Please note that this role is designed for undergraduate students who are completing a sandwich course at university. All postgraduates and masters students alike will be rejected immediately

Key Accountabilities
• Daily account reconciliations, reporting and cash pool analysis
• Analyse daily bank balances to ensure optimal excess working capital levels are absorbed into the cash pool
• Work with global banking partners and internal teams to open and close bank accounts
• Act as an internal and external contact for banking and cash related matters
• Maintain and enforce general banking controls
• Treasury administration and project work e.g. collation of daily/weekly reports, signatory requests for bank accounts and legal documents, ad-hoc analysis, banking platform administration etc.






Knowledge and Experience
• Studying towards a graduate degree in Accounting, Economics or Finance
• Strong mathematical, time management and organisation skills
• Adaptable to different software’s and systems and strong working knowledge of MS Excel

Critical Performance Indicators
• Maintain controls and records for audit purposes
• Assist with the reduction of bank accounts and signatories utilised in EMEA
• Uphold required level of excess working capital balances residing outside the cash pool
• Reduce cash pooling inefficiencies and improve pooling effectiveness

Intangible Characteristics
• Strong financial, analytical skills and attention to detail
• Effective communication, organisation, interpersonal and problem solving skills
• Ability to multitask between various projects, daily tasks and ad hoc requests

Benefits
• An opportunity to gain invaluable hands-on industry experience with a Fortune 500 company
• Engage with UPS operations and work with various teams globally
• Experience managerial level meetings and increase networking opportunities
• Develop wide range of skills to assist with your final year at university and future career

Current Placement Student Testimonial

My time at UPS has exceeded all expectations. As an organization that nurtures individuals to reach their full potential, I have been given considerable responsibility through various projects and tasks. The support and guidance of my colleagues has been exceptional, especially given the challenges of the COVID pandemic. I have developed new skills whilst enhancing my existing ones. My role and responsibilities have given me significant experience; each day is different and whilst challenging, has given me variety to understand the finer details of cash management. Overall, I have thoroughly enjoyed the opportunities given to me at UPS and would recommend the experience to anybody looking to enhance their career in the industry.” Emily - Treasury Intern 2021-2022

“My involvement at UPS has granted key insights into the extremely diverse set of business functions within Treasury. From the beginning I was assigned a great deal of responsibility which provided exciting challenges within the team. Not one day is the same, from ad-hoc analysis in support of a project to liaising with major banks to ensuring operations run smoothly the next. Alongside this, my role involves collating an array of reports enabling a comprehensive understanding of the company’s effectiveness and allows me to implement changes to refine the existing processes. Overall, the sense of significance felt within my role at UPS has been the most rewarding aspect and has provided inspiration for my future career development. I sincerely recommend this internship for anyone looking to gain a wealth of experience within this industry.” Craig - Treasury Intern 2020-2021