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Intern, Accounting Operations at BMW of North America in Woodcliff Lake, New Jersey

Posted in General Business 30+ days ago.

Type: Full-Time

Job Description:

This is an internship position for our Spring/Summer Rotation, expected to start March 4, 2024 and continue through August 16, 2024 in Woodcliff Lake, NJ.

The intern will have a basic understanding of how the accounting department operates by supporting the month and quarter end close. They will be able to understand the basic business processes for General Ledger, Accounts Payable, Accounts Receivable, Purchasing, Asset Accounting and Bank accounting. As the intern assists with accounting functions in the sales & marketing company they will get an insight into the US business concept for the various departments such as the marketing sales department and purchasing departments. They will also assist with certain tasks for the Credit Team in helping to facilitate their day to day activity with the dealers.

Key Responsibilities:

  • Analyze various balance sheet accounts

  • Prepare and post journal entries

  • Reconcile the general ledger accounts details

  • Support the Accounting team in clearing account data and research of aged account activity

Join the BMW North America team and enjoy a high-performance Total Rewards package that may include:

  • Medical Insurance

    • All with options for $0 Employee contribution

  • Paid Time Off in addition to Company paid holidays where eligible

  • Hybrid work environment

The hourly rate for Undergraduate students is 25.30.

The hourly rate for Graduate students is 32.20.

The selected student's academic level will be used to determine the final pay rate. This statement is in accordance with state and local pay disclosure requirements.

Even more so than the generous compensation and benefits, the culture and values of Shared Services make it the ultimate working environment. These values are Responsibility, Appreciation, Transparency, Trust, and Openness. We allow these values to guide the way we conduct ourselves and our business.

At BMW, we are driven by diversity, equity, and inclusion. We are proud to be an Equal Opportunity Employer and are welcoming of all individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. Requirements:

  • Currently enrolled in a bachelor or master's degree program at an accredited college or university

  • Possess a minimum cumulative GPA of 3.0 (not just in major)

  • Have completed at least 30 college credit hours at time of application

  • Field of Study: Accounting

  • Must attach a copy of college unofficial transcript

  • Ability to work full-time (36.25 hours/week)

  • Availability to work onsite and full-time for the internship period

  • Prior BMW Group experience (applicable to international students only)


  • Concentration: Accounting

  • Additional Skills: Microsoft Suite, SAP

  • Attributes: Conscientious, responsible, motivated and have the ability to work independently as well as a part of a team

  • Languages: English (fluent, oral and written)

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