The UPS industrial placement programme 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.
About us
Founded in 1907 as a messenger company in the United States, UPS has grown into a multi-billion-dollar corporation by clearly focusing on the goal of enabling commerce around the globe. Today UPS, or United Parcel Service Inc., is a global company with one of the most recognised and admired brands in the world. As the largest express carrier and package delivery company in the world, we are also a leading provider of specialised transportation, logistics, and capital and e-commerce services. Every day we manage the flow of goods, funds, and information in more than 220 countries and territories worldwide.
Responsibilities
- 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.
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 cash pooling effectiveness.
Knowledge and Experience
- Studying towards a graduate degree in Accounting, Economics or Finance
- Strong Mathematical skills, time management and organisation skills
- Adaptable to different software & systems and strong working knowledge of MS Excel
- 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.
