Customer Development Finance Intern - Target (Minneapolis) at Colgate Palmolive in Minneapolis, Minnesota

Posted in Other 10 days ago.

Job Description:

No Relocation Assistance Offered

Colgate-Palmolive Company welcomes applications for our Customer Development Finance Internship position located in Minneapolis, MN. This internship is designed to provide students with practical, hands-on experience and exposure to Colgate's commercial finance processes and activities while at the same time working on day-to-day activities and projects that are important to the needs of our US daily operations. During the internship, students will work on various financial activities and also have the opportunity to meet with members of our Divisional/Financial Senior Management Teams and learn about Colgate Palmolive's overall business.

We are looking for candidates who show great aptitude/willingness to learn quickly on the job, demonstrate strong analytical skills, have the ability to multi-task, have the flexibility to manage a variety of responsibilities that may change frequently and who can think creatively to generate ideas that will improve efficiencies in our Finance function.

The Customer Development Finance internship provides excellent exposure to Colgate's Customer Development Organization and the company's key accounts. Responsibilities include, but are not limited to the following:

  • Download the plans and review accuracy by checking the NUC (net unit cost) we are selling to Target

  • Process and review SKU Validations to ensure new SKUs are profitable and accurate

  • Calculate the return on investment of promotional items that sell in Target stores

  • Maintain customized files used for tracking sales vs quota and plans

  • Support ad hoc analytics on market P&Ls and other strategic initiatives

  • Support Gross to Net reconciliation process on spending

  • Update CPP presentations with latest financial information

  • Support month end closing activities by researching specific issues related to trade spending in order to complete closing explanations

  • Work on special projects as needed

  • Participate in key business meetings as appropriate/required


  • Currently enrolled in a Bachelor's degree program, with a finance concentration expecting to graduate between June 2022 and June 2023

  • Approximate GPA of 3.0 or above

  • Must be available to work 20-25 hours a week during the school year, with potential for more hours over the summer

  • Very strong MS excel skills

  • Understanding of basic financial concepts

Preferred Qualifications:

  • Ability to think creatively, taking initiatives to generate ideas and improve results

  • Strong analytical, communication and interpersonal skills Great aptitude to learn quickly on-the-job

  • Multitask and be prepared to manage a wide variety of responsibilities that can change on a daily basis

  • Understanding of financial concepts such as Net Sales, Average Selling Price, Margin and inventory

Equal Opportunity Employer

Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.

Are you interested in working for Colgate-Palmolive? You can apply online and attach all relevant documents such as a cover letter and resume or CV. Applications received by e-mail are not considered in the selection process. Become part of our team. We look forward to your application.

Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognised brand names as Colgate, Palmolive, elmex, Tom's of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Elta MD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill's Science Diet and Hill's Prescription Diet.

For more information about Colgate's global business, visit the Company's web site at To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit To learn more about Hill's and the Hill's Food, Shelter & Love program please visit To learn more about Tom's of Maine please visit

Reasonable accommodation during the application process is available for persons with disabilities. Please contact with the subject "Accommodation Request" should you require accommodation.