089 Corporate Finance Intern in Cinnaminson, New Jersey at Forman Mills Inc

SWFM Retail Group has a Summer Finance Intern position available. The following are areas which we will be training the most qualified candidate:

Accounting
Understanding discussion of IP
High level understanding of Financial statements
Reconcile bank CC deposits to IP/Fiserv by day
Reconcile bank cash deposits to IP/Brinks by day
Compile daily cash activity JE for posting
Sales taxes for payment worksheet
Fixed asset reconciliation by store to GL

Inventory Control
Local Store Visit to review the following:
Carton/Pallet Acknowledgement
Damage Process
Store Transfer Process

Damages
Weekly Processing of Store Damages
Damage reporting at month-end

QC
Daily logging of QC issues
Investigating and resolving QC issues
Credit Memo process
Work with Store Ops Team to communicate product issues in Zip Line/Store Memo

Carton/Pallet Acknowledgement
Assisting stores with their carton acknowledgment as needed
Daily/Weekly review of In-Transit - Distribution Inquiry
Investigating cartons that were not scanned out of DC
Investigating mis-shipped cartons

Store Transfers
Completing Store Transfer process after sending store is finished scanning
Logging all store transfers and arrange transportation as needed
Acknowledging store transfers into receiving store once delivered

Negative Inventory
Investigate negative on hands to determine root cause
Process inventory adjustments to correct negative inventory

Vendor Drop Shipments
Communicate PO's, SKUs and style information to stores receiving drop shipments
Assist with PO Receiving as needed

Sales Audit
High level understanding of Sales audit function
understanding of system
Reconciling, billing, collecting vouchers
Handling Charge backs
Closing stores, including SA spreadsheet

Finance
General understanding of Data base
How to extract information from system
Daily Sales Reporting
Daily Store Receiving Reporting
Work with Ryan to have weekly reporting feed directly in his power point slides
Develop high level bullet points for several of the weekly reports that can go in the body of the e
Weekly payroll reconciliation vs API feed

AP
Invoice entry…merch
match PO to invoice…expense
Invoice entry expense
mail and file check run