Commercial Finance Intern null

Your role

In this role you will be responsible for the following:

• Support Finance Manager in the co-pilot role for the Malaysia market
  • Financial planning (Budgeting & Monthly Forecast)
  • Prepare monthly key performances/management reports including identifying variances & providing commentary on the key drivers
  • Prepare weekly sales tracker and shipment status
  • Month-end closing process including preparing of journals and reviewing of P&L
  • Prepare monthly / quarterly management reports for commercial team, SEA & APAC teams
  • Monthly / Quarterly financial control & SOX compliance – monthly Balance sheet & accruals review, provide evidence / supporting documents, etc
  • Evaluating deals, promotion activities, capital expenditure investment, ROI, etc
  • Monitoring & tracking of A&CP spend, etc.
  • Monitoring & tracking collection from customers & overdue (DSO)
  • Assess the reasonableness of profit margins for new product developments
  • Set up RSP / invoice prices in SAP via Nintex / Pricing controls
  • Maintaining price updates in Kinaxis / STREAM
  • Identify process improvement opportunities
  • Assist in internal audit requests
  • Assist in new projects
• Consolidation & report preparation SEA region
  • Monthly & Quarterly management reports
  • Ad-hoc requests from the Global & APAC team
  • Follow up with markets/business units on report submission, due dates, etc
  • Develop user-friendly templates for data collection

About you

If you want to apply for this role, it's essential to meet the qualifications below:

• Undergraduates who can commit for at least 6 months (Jul to Dec 2024) for a full-time internship.
• Skilled in using MS Office tools including Outlook (or related email tools) Excel, Word, and PowerPoint.
• Self-motivated and self-starter, with a strong work ethic and a sense of confidentiality.
• Possesses cross-cultural awareness and high emotional intelligence.
• Articulate, with the ability to work in a fast-paced environment.
• Good balance of a professional attitude while having fun.
• Strong interest in consumer goods, makeup, and beauty products.
• Strong desire to learn along with a strong sense of ownership.
• Persuasive, resilient, and flexible, able to easily adapt to new challenges.
• Passionate, enthusiastic, and driven to regularly follow up with loose ends.
• Able to thrive despite challenges while adopting a positive attitude under pressure.

Benefits

Through this role, you’ll be able to gain an understanding of:

• Commercial finance role: provide support to commercial team (sales & marketing) & work with cross-functional teams (custodian finance, supply chain, customer service, APAC finance team, etc) to drive business growth & business operation
• The financial planning process (3-year plan, annual budget, monthly forecasting, etc)
• Financial analysis, understand drivers of variances vs budget/forecast & last year, identify gaps & make recommendations
• Preparation of management reports for markets & total SEA region
• Financial control & SOX compliance
• Evaluating deals (pricing), promotion activities, capital expenditure investment, ROI, etc
• Monitoring & tracking of expenses
• Managing collection & overdue 
• Use of Accounting & Business intelligent systems such as SAP, SAP BI, HFM, Power BI dashboard, Hyperion Smartview, Ariba & Kinaxis
• Set up RSP/invoice prices/trade margin in SAP via Nintex

Training & development

For training the interns, Coty Malaysia offers programs like Coty Academy, which is a self-guided, digital learning platform, live classes with Coty trainers, and experiential on-the-job learning guided by industry experts. Coty interns are set up for success through a mentorship program, which gives them direct access to top experts—including their managers and team— a rare opportunity to work with leaders in the field. Mentors and their peers provide interns with support and guidance throughout their internships.

Career progression

Interns at Coty have the opportunity to fast-track their professional development and gain valuable experience in their field. A personalized development journey is provided from day one. At Coty, they will challenge you to grow with the company and they encourage all of their employees to step out of their comfort zones to grow both personally and professionally.

Sources

Information on this page was gathered based on the following sources:

• careers.coty.com/go/Internships-&-Apprenticeships/8766001
• coty.com/your-career?cid=success_factor_your_career