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Finance Internship - Power and Water Job (Madrid, Spain)

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Job Number: 2574043
Business: GE Power
Business Segment: PWR-PS Power Services
About Us: GE Power provides a broad array of power generation, energy delivery, and water process technologies to solve your challenges locally. We work in several areas of the energy industry, including renewable resources such as wind and solar, biogas and alternative fuels, and coal, oil, natural gas, and nuclear energy. We also develop advanced technologies to help solve some of the world’s most complex challenges related to water availability and quality. - See more here.

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Posted Position Title: Finance Internship - Power and Water
Career Level: CI
Function: Finance
Function Segment: Operational Finance
Location: Spain
U.S. State, China or Canada Provinces:
City: Madrid
Postal Code: 28027
Relocation Assistance: No
Role Summary/Purpose: The internship is a 12-month placement that aims to provide students with real finance work experience related to their degree. The available role will be based in Madrid and the working hours are 8 per day.
Essential Responsibilities: The finance function plays an important role in supporting the business, and the finance interns will have the opportunity to work within one of our Financial Planning and Analysis, Controllership, Operations and/or Commercial teams. Depending on the business, you will have the opportunity to gain hands on finance experience, with responsibility in a range of areas including some of the following tasks:

  • Operational and Financial Performance Reporting – liaising within the immediate team and across other business functions to compare performance to latest expectations, highlighting key drivers
  • Providing a high level of customer service to operations, commercial and finance management including interaction with other GE businesses, functions and internal or external auditors
  • Preparing and updating receivable data for currency hedging forecasts
  • Supporting quarterly selected account reconciliations
  • Supporting monthly and quarterly closing activities
  • General adhoc queries and projects to assist finance managers
  • Identifying areas for simplification and alignment, working with manager to find solutions

Through the internship, the individual will gain a valuable insight into the operation of a successful business, having responsibility in a range of areas. This is a challenging and rewarding role that will provide an excellent start into a career in finance based areas.
Qualifications/Requirements:

  • Graduate in economics or business administration willing to start in 2016 a MBA or Citius are preferred, but all degree subjects will be considered providing the candidate is able to demonstrate a genuine interest in finance
  • Strong analytical, problem solving and inter-personal skills are essential
  • Candidate should be able to use their own initiative and work as part of a team
  • Fluency in both English and Spanish, with good written and oral presentation skills
  • Flexibility and autonomy to prioritise assignments and meet strict deadlines is crucial
  • Background in accountancy (by practice and/or by studies) is preferred
  • Possession of the necessary work/residency permits for working in the European Union
  • EU work permit

Non-national candidates are responsible to know the minimum documentation requirements to be able to be contracted in country: NIE- Social Security Affiliation Number in Spain (NAF) and Bank Account in Spain. They must be in possession of them at the time of start hiring. GE will not sponsor this requirement.

Additional Eligibility Qualifications:
Desired Characteristics: We are looking for energetic, intelligent, driven candidates with a high level of integrity, who enjoys working towards common goals in team environments. Furthermore, you need to be proficient in Microsoft Office products, in particular Excel.

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