Financial Controlling & Consolidation Internship

  Job Description

Position: Financial Controlling & Consolidation internship

Organization

• Function: Corporate Financial Control
• Country: France
• Location: La Défense
• Supervisor: Corporate Financial Control Senior Manager / Corporate Consolidation Senior Manager

Context

Context of the Group Financial Control’s mission

The Group Financial Control department is in charge of :

• Consolidating and analyzing all financial reporting for the group (actual / forecasts / budget / strategic plan) ; in particular to support the Group Chief Financial Officer and the Group’s Financial Communication Department
• Monitoring the budget process and other Group operational processes (Cross sales, CSC recharge, Corporate cost center budgeting…)
• Generating management reports,
• Analyzing financial trends,
• Acting as business partners, advising Management Board through various simulations & projections, in particular through analyzing and projecting in financial terms the effects of potential business decisions
• Providing support to the  BD controllers in the articulation of the management financial information,  the format of the business reviews,
• Defining and maintaining Group’s KPI definition & computation rules including Nexans P&L definitions, standard costing rules and process.
• Supporting the Consolidation department for specific IFRS analysis and processes.

Purpose

1. Contributes to the HFM /  Planning reporting process and the completeness of the HFM database (HFM is the Group consolidation tool– Hyperion Financial Management)
2. Contributes to the production by the Financial Control team of the list of mandatory reporting dashboards & reports produced on a monthly & quarterly basis
3. Supports the Consolidation department for specific IFRS analysis and processes

Areas of responsibility

• Ensures the Group reporting’s completeness, timeliness and accuracy (HFM / essbase databases)
• Is in charge of the preparation of dashboards & reports prepared at Group level 
• Contributes to the synthesis and analysis of financial information to provide a precise, clear and consistent view of performance indicators
• Contributes to the continuous improvement / development of quicker and more automated / more secure reports (retrieves, dashboards, …) to automatize Financial control reporting production and analysis
• Support HFM/PBCS Administrator to contributes to evolutions on HFM / essbase and potentially other tools (BI, Planning…) - in relation to business new requirements or to Group’s revised reporting needs
• Prepares analysis and explanation of consolidated financial statements (e.g.: evolution in consolidated net equity, cash flow statements, balance sheet flows…)
• Contributes to the preparation of external regulatory financial documents (annual report) and provides data and analysis to Group CFO and to the financial communication department
• Prepares, processes and monitors simple to complex accounting steps of specific transactions: mergers, acquisitions, disposal of entities, goodwill, pension, impairment, etc.

Expected results

• Reporting on time, in full, and without mistakes of all key materials communicated by the Department : full reliability

• timeliness : strict monthly deadlines met, continuous improvement of reporting delays

• Customer orientation : quality of service and speed of service in meeting internal customers’ ad-hoc needs and enquiries (top management / other corporate departments)
• Productivity: continuous improvement of automated templates / dashboards / tools…
• Critical assessment of reporting and own work
• Analysis and forecasting : reinforce analysis & forecasting tools on a continuous basis ; competes on analytics

• In particular, key reports in the scope of these objectives :
  • Management Business Reviews material
  • Financial Communication material
  • Board of Directors material
  • Management Board presentations

Position sizing

• The Group financial control team is composed of 8 members; it sustains daily relationships with entities worldwide and takes part on a regular basis in projects involving other functional Directions of the Group.
• The internship, a full member of our team, will be in direct contact with Nexans international network.
• Expected duration: 6 months
• Budget pending the salary grid of the school

Required skills and qualifications

• Education: Bachelor or master in finance in progress
• A first experience in accounting / finance / audit during a previous internship – especially a prior experience in an audit firm – will be highly appreciated.
• Analytical skills and knowledge in accounting and finance
• Knowledge of Excel, Word and PowerPoint
• Power BI skills would be appreciated
• Communication ability especially in French and in English for regular exchanges with entities. Spanish would be a plus.
• Team spirit