Finance Intern - Acquisition Modeling

Job description

Compensation Data The base salary range represents a good faith salary range for this position. The expected pay range for this position is between $18.00 per hour and $28.00 per hour. If you are hired at American Water your compensation will be determined based on factors such as market, geography, skills, candidate's program year, discipline, and degree. At American Water, we are committed to pay equity. American Water is also proud to offer employees learning opportunities and work experiences to grow professionally!

Primary Role This full-time (40-hour per week) hybrid Internship offers an introduction to corporate development career opportunities in the water and wastewater industry. The successful candidate will gain firsthand insight into how water utilities foster sustainable communities that support economic growth and resiliency through strategic acquisitions.

Key Accountabilities

The successful candidate will also learn how municipalities and regulated utilities’ accounting standards differ from typical corporate accounting, gaining insight into unique financial reporting and analysis practices. The candidate will collaborate with the Corporate Development team on various types of financial analysis related to potential acquisitions of water and wastewater systems. Typical duties are diverse and tailored to the student’s education and experience level, assignments may include performing financial analyses using Microsoft Excel; conducting research on municipal financials; preparing presentation materials using PowerPoint; and supporting the development of internal templates and standards for corporate development processes.

The candidate may also collaborate with other functions within the Business, including Valuations and Due Diligence, to gain exposure to an acquisition’s initial evaluation process. Depending on the candidate’s background, duties may also include learning project management skills, assisting in the preparation and review of acquisition models and supporting documentation, and developing materials for training programs.

Knowledge/Skills Working knowledge of Microsoft Office products including intermediate excel proficiency is required. Understanding financial statements (Income Statement, Balance Sheet) Experience developing new analytical approaches and financial models is preferred Experience/Education Currently enrolled in a Bachelor’s degree program studying Finance, Accounting, Economics, Business Analytics or related program. Travel Requirements Other Short Description Competencies Plans & AlignsDecision MakingCommunicates EffectivelyBuilds NetworksAction Oriented