Finance Intern

Finance Intern

City of London Internship No home office possible
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At a Glance

  • Tasks: Support the Head of Finance with accounting tasks and assist stores with finance queries.
  • Company: Join EssilorLuxottica, a global leader in eyewear with 190,000 passionate individuals.
  • Benefits: Enjoy endless career development opportunities and a vibrant international community.
  • Why this job: Be part of a dynamic team making a positive impact on people's vision and lives.
  • Qualifications: An accounting/finance degree or certificate is recommended; proficiency in Microsoft Office is essential.
  • Other info: Previous finance internship experience is a plus, but not required.

Being part of EssilorLuxottica means being part of a passionate international and diverse community of 190,000 individuals working towards a common mission, help people to see more, be more. With a global presence in more than 150 countries, an incredible heritage, and a fascinating vertically integrated business model, EssilorLuxottica offers endless development and career opportunities worldwide and learning possibilities at every turn. Together, we make a brighter future.

JOB SCOPE AND MAIN RESPONSIBILITIES:

  • Support the Head of Finance with aspects of the accounting function of Luxottica Retail North Europe.
  • Assist stores with all finance-related queries and general assistance as required by other departments.
  • Communicate effectively with our Global Business Services team in Italy.
  • Ensure new stores are set up with PDQs and cashbooks in advance of their opening.
  • Liaise with other departments within UK Head Office to review their monthly spend.
  • Support the Finance team during month-end activities with accruals and prepayments workings.
  • Manage Finance admin activities (calendars, postage, documents archiving, invoices and files).
  • Work closely with AP department to guarantee a smooth PTP process for Finance related expenses.

AREAS OF RESPONSIBILITIES AND RELATED ACTIVITIES:

  • P&L Reconciliation and analysis – support month-end activities for monthly accruals and review with internal stakeholders.
  • Balance Sheet Reconciliation – both monthly & quarterly reconciliations in line with local and corporate requirements.
  • Banking – Setting up all stores with PDQ machines & Banking books.
  • Eye Test accounting – NHS & corporate eyecare accounting, reconciling & credit control.
  • General administration – covers archiving, stores paperwork e.g. vouchers & petty cash and other projects as they arise.
  • PTP support to Global Business Services – covers PO management, collection of suppliers’ invoices, assuring internal controls and procedures are met.

TECHNICAL SKILLS:

  • Recommended that the candidate has an accounting/finance degree or certificate or equivalent.
  • Proficient in the use of the Microsoft Office Suite, particularly Excel, Outlook and PowerPoint.
  • Knowledge in the use of SAP HANA is advantageous but not necessary.
  • Previous internship experience in Finance (FP&A, accounting) highly desirable, but not necessary.

CANDIDATE PROFILE:

The organization is a retail business, which is fast-paced and dynamic. The candidate should have a hands-on approach and be curious to understand finance dynamics within the business. There might be additional tasks or analysis that may not have been described above but fall under finance scope of activities.

LANGUAGES: English

Finance Intern employer: EssilorLuxottica

EssilorLuxottica is an exceptional employer that fosters a vibrant and inclusive work culture, where employees are encouraged to grow and develop their skills in a dynamic retail environment. With a strong commitment to helping individuals see more and be more, the company offers extensive career opportunities and learning experiences across its global network, making it an ideal place for aspiring finance professionals to thrive.
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Contact Detail:

EssilorLuxottica Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Finance Intern

✨Tip Number 1

Familiarise yourself with the finance and accounting functions specific to retail businesses. Understanding how P&L reconciliation and balance sheet reconciliations work in a retail context will give you an edge during interviews.

✨Tip Number 2

Brush up on your Excel skills, especially functions related to data analysis and financial modelling. Being able to demonstrate your proficiency in Excel can set you apart from other candidates.

✨Tip Number 3

Network with current or former employees of EssilorLuxottica or similar companies. They can provide insights into the company culture and expectations, which can be invaluable during your application process.

✨Tip Number 4

Prepare to discuss your previous experiences, even if they are not directly related to finance. Highlight any transferable skills such as communication, organisation, and teamwork that are relevant to the role.

We think you need these skills to ace Finance Intern

Accounting Knowledge
Financial Analysis
Proficiency in Microsoft Excel
Attention to Detail
Effective Communication Skills
Organisational Skills
Problem-Solving Skills
Knowledge of Financial Reporting
Experience with SAP HANA (desirable)
Ability to Work Under Pressure
Team Collaboration
Time Management
Adaptability
Basic Understanding of P&L and Balance Sheet Reconciliation

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant coursework, skills, and any previous experience related to finance or accounting. Emphasise your proficiency in Microsoft Office, especially Excel, as well as any familiarity with SAP HANA.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Finance Intern position at EssilorLuxottica. Mention how your academic background and any internship experiences align with the responsibilities outlined in the job description.

Showcase Communication Skills: Since effective communication is key for this role, provide examples in your application that demonstrate your ability to liaise with different departments or stakeholders. This could be through group projects or previous work experiences.

Highlight Adaptability: EssilorLuxottica operates in a fast-paced environment, so it's important to convey your adaptability. Include instances where you've successfully managed multiple tasks or adapted to changing circumstances in your previous roles or studies.

How to prepare for a job interview at EssilorLuxottica

✨Show Your Passion for Finance

Make sure to express your enthusiasm for finance and how it plays a crucial role in business operations. Share any relevant experiences or projects that highlight your interest in the field.

✨Demonstrate Your Communication Skills

Since the role involves liaising with various departments, it's important to showcase your communication abilities. Prepare examples of how you've effectively communicated in past roles or projects.

✨Be Prepared for Technical Questions

Brush up on your accounting principles and be ready to discuss financial concepts. Familiarise yourself with tools like Excel and any relevant software, as you may be asked about your proficiency.

✨Ask Insightful Questions

Prepare thoughtful questions about the company’s finance processes or the team dynamics. This shows your genuine interest in the role and helps you understand if it's the right fit for you.

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