Finance Intern - Pricing Analyst

Who We Are:

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. At New Balance, We Got Now.

New Balance are offering a 1 year paid placement to an undergraduate student, currently in the penultimate year of study, with a desire to follow a career in finance. The role will support the Pricing & Analysis team across both finance & product but with particular focus on the management of all aspects of pricing control, specifically intercompany & cost pricing that supports finance in the preparation of management month end accounts, forecasts & budgets. Training and support will be given, and you will gain a broad knowledge of a European finance department.

This placement opportunity will start on Monday 3rd July 2023 and will be based in the Head Office (Warrington) full time.

DEADLINE TO APPLY: 22nd February 2023

MAJOR ACCOUNTABILITIES:

Pricing & Standard Costs:

• Calculation and upload of intercompany price lists.
• Calculation, upload and maintenance of all standard costs in Finance systems.
• Checking order books for correct standard costing information.
• Invoicing reconciliation
• Support to Product teams in Sales Planning and RRP & Wholesale price setting
• Assisting UK Wholesale & Key Accounts Management Accountant’s in pricing clearance deals.
• Exposure to third party market tracking of NB Wholesalers across product & price
• Exposure to NB retail support - pricing & margin optimization mechanics
• Other ad-hoc task as required to support the Pricing & Management Accounting team:
  • Month End Financial & Management Accounting
  • Forecast & Budgeting

REQUIREMENTS FOR SUCCESS:

• Studying towards a Bachelor’s degree in a relevant subject:
  • Finance, Accounting, Economics.
• Must be able to provide right to work in the UK
• Motivated individual, keen to learn about financial report and sports retail.
• Team player, organised, structured and able to manage priorities.
• Good knowledge of Microsoft Office: Excel (VLOOKUP, Pivots, Complex Formulae) and PowerPoint are advantageous
• Ability to pick up new IT systems quickly.
• High degree of accuracy and an eye for detail.
• Good communication skills.
• Continuous Improvement mindset.

To see more of our internship opportunities, please visit our careers page at https://jobs.newbalance.com/global/en

Equal Opportunity Employer:

New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment. We are an equal opportunity employer and support a culture of diversity and inclusion.

If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.