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Treasury/Finance Intern - Treasury Operations

Donaldson Company
401(k), retirement plan
Jan 18, 2025

Donaldson is committed to solving the world's most complex filtration challenges. Together, we make cool things. As an established technology and innovation leader, we are continuously evolving to meet the filtration needs of our changing world. Join a culture of collaboration and innovation that matters and a chance to learn, effect change, and make meaningful contributions at work and in communities.

Description:

Our summer internships provide ambitious undergraduates the chance to gain real world experience in their field of study. We provide challenging, professional experience with a global corporation, where you learn from and work alongside Donaldson employees. Internships take place at our global headquarters in Bloomington, MN, over an 11+ week period.

As an intern, you will gain insight into the role of treasury in a global manufacturing organization. You will support members of our Corporate Treasury Operations Team and will also have independent projects. This is a great assignment for an individual who can problem solve and is well-organized, collaborative, and has an analytical mindset.

Responsibilities:

Work closely with the Corporate Treasury Operations Team to advance the Company's strategic approach to cash and liquidity management.The Intern may support the Treasury team with:

  • Cash Management: Assist with daily cash positioning, monitor cash flows, and ensure accurate reporting.
  • Banking Operations: Support account management, including opening/closing bank accounts and maintaining accurate records of banking relationships.
  • Treasury Systems: Use treasury management systems (TMS) to process transactions, generate reports, and reconcile discrepancies.
  • Reporting & Analysis: Assist with monthly treasury reporting, including liquidity forecasts and variance analysis.
  • Compliance & Documentation: Help maintain compliance with internal controls and regulatory requirements.
  • Present analysis, insights, and recommendations to the Treasury Team.

Minimum Qualifications:

  • Currently enrolled undergraduate an accredited collegiate program pursuing a bachelor's degree in: Finance, Accounting or related field
  • Knowledge of Microsoft Excel

Preferred Qualifications:

  • Strong organizational skills and attention to detail
  • Ability to multi-task
  • Proficient in Microsoft Office applications: Word, Outlook, PowerPoint
  • Minimum cumulative GPA of 3.0 or higher (on a 4.0 scale)

Hourly Pay Range: $17.00 - 23.00, depending on projected undergraduate graduation date, educational degree in progress and major of study upon time of hire.

This position is overtime eligible as per state and federal regulations.

Employee benefits are part of the total rewards package that Donaldson Company, Inc. provides to you. Our benefits program includes retirement plan (401k), paid time away - sick and safe time (MN only), and the employee assistance program.

Employment opportunities for positions in the United States may require use of information which is subject to the export control regulations of the United States. Hiring decisions for such positions are required by law to be made in compliance with these regulations. Applicants for employment opportunities in other countries must be able to meet the comparable export control requirements of that country and of the United States.

Donaldson Company has been made aware that there are several recruiting scams that are targeting job seekers. These scams have attempted to solicit money for job applications and/or collect confidential information, Donaldson will never solicit money during the application or recruiting process. Donaldson only accepts online applications through our Careers | Donaldson Company, Inc. website and any communication from a Donaldson recruiter would be sent using a donaldson.com email address. If you have any questions about the legitimacy of an employment opportunity, please reach out to talentacquisition@donaldson.com to verify that the communication is from Donaldson.

Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law.

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