Finance & Data Analytics Intern
Position Summary
This hands-on internship provides the opportunity to lead pending long-term data analysis projects related to expense & vendor analysis, accounting/P&L entry validation, reporting process improvement, data requirement and gathering assessments. With specified projects in place, the Finance & Data Analytics Intern will gain significant experience and be exposed to the integral connection between qualitative and quantitative data and how it relates to strategic finance initiatives.
Role Description
The Moors & Cabot Summer Internship Program provides current college students the ability to gain practical experience within the Financial Services industry. This summer will be filled with meaningful work experiences, networking, professional development, and engaging firm-sponsored events. You'll have the opportunity to work with senior leaders and have unparalleled mentorship while supporting company-wide initiatives. At the conclusion of the program, you will present on projects accomplished and key learning takeaways to your peers and other team members of Moors & Cabot.
This full-time role reports to the Manager, Financial Analysis and Business Intelligence based out of our Boston Headquarters. Working hours are Monday - Friday 8:30 AM to 5:00 PM EST on a hybrid schedule: at least 3 days in office and up to 2 days remote.
Role Responsibilities
General Analysis
Analyzing financial data reports to assist in making informed business decisions
P&L/Accounting entry analysis & validation
Intacct/Budget reporting software report building
Outside data requirements & gathering/outreach
Specific Project Analysis
Expense & AP reporting tool mastery coupled with analysis of cost reduction opportunities
Build and update financial models to forecast returns and the valuation of assets
Prepare and pitch commentary on P&L analysis and reporting to suggest areas of improvement
Data Team Exposure
Create Finance-specific reports using existing/new data sources
Publish completed reports on Moors & Cabot’s Business Intelligence Platform (BIP)
Gain general education on data feeds, warehouse, SQL coding & reporting and how it relates to finance initiatives
Administrative
Organize the Finance Department Google Drive and clean up unnecessary files
Conduct document file validation
Conduct consistency inspection and internal audit on Template Excel files to remove unnecessary documents
Provide support to the Finance, Data, and Strategic Initiatives Teams with daily work and special projects
Key Measurements
Ability to handle a demanding and multifaceted workload
Attention to detail and consistency of report and report elements
Clarity and completeness of documentation
Completion of tactical projects
Minimum Requirements
Pursuing a Bachelor's degree from an accredited university in Finance, Accounting, Economics, or related field
Previous work or classroom experience in one or more of the following: Finance, Accounting, Investments, Data Science, etc.
Strong analytical and quantitative skills
Experience with financial software and tools (Excel, Google Sheets, PowerPoint)
Effective oral and written communication skills
Ability to balance multiple priorities and tasks
Preferred Requirements
Experience with data analytics tools and accounting softwares
Knowledge of SQL programming language
Compensation & Benefits
This position has an hourly rate of $22.00
Total Rewards Benefits Package:
Medical, Dental & Vision
Paid holidays and sick days
About Us
Since its founding in 1890, Moors & Cabot and its people have defined the meaning of
financial services. The firm has participated in the retail sale of stocks and bonds to
individuals and the institutional sale of stocks and bonds to most of Boston's money
management firms. In addition to specializing in wealth management through full service
registered representatives, Moors & Cabot offers investors additional investment tools
such as cash management accounts, retirement planning, mutual funds, annuities and
other insurance products.
Moors & Cabot is an equal opportunity employer. All aspects of employment including the
decision to hire, promote, discipline, or discharge, will be based on merit, competence,
performance, and business needs. We do not discriminate on the basis of race, color,
religion, marital status, age, national origin, ancestry, physical or mental disability, medical
condition, pregnancy, genetic information, gender, sexual orientation, gender identity or
expression, veteran status, or any other status protected under federal, state, or local law.
We utilize the Department of Homeland Security’s employee authorization program,
E-Verify. E-Verify confirms employment eligibility by comparing the employee's Form I-9
information entered in E-Verify by the employer with the information in records available to SSA and/or DHS.