Internship
Finance Summer Intern
Posted on 3/13/2025
Adient
10,001+ employees
No salary listed
Company Does Not Provide H1B Sponsorship
Warren, MI, USA
- Preparing journal entries & month-end accruals
- Prepare account reconciliations including analyzing and resolving any variances
- Adhere to US GAAP, Adient policies and SOX requirements
- Supports with financial information for capital requests
- Assist with accounts payable requests
- Monitor purchase order activity i.e., PO creation and resolution with BBC and/or requestor, open PO’s activity for accruals, goods receipt not invoiced, timing on spend
- Support the month/quarter end activities as necessary
- Support the preparation of monthly deliverables
- Support internal and external audit activities as necessary
- Support ad-hoc requests
Company Size
10,001+
Company Stage
IPO
Headquarters
Plymouth Township, Michigan
Founded
2015
Simplify's Take
What believers are saying
- Adient's bond deal extends debt maturity, improving financial stability until 2033.
- The rise of EVs offers Adient opportunities to innovate in seating design.
- Growing demand for health-focused car interiors allows Adient to expand its product offerings.
What critics are saying
- Closure of Serbian factory may lead to revenue loss and workforce reduction.
- Labor disputes in Lesotho could harm Adient's reputation and employee relations.
- High interest rates on bonds reflect market concerns about Adient's financial stability.
What makes Adient unique
- Adient's partnership with Paslin enhances its automation capabilities in automotive seating.
- Adient focuses on eco-friendly materials, aligning with sustainable trends in the automotive industry.
- Adient's adaptable seating systems cater to the growing autonomous vehicle market.
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Company News
Adient subsidiary prices $795M in senior notes at 7.50%, extending debt maturity to 2033. Proceeds will refinance existing 4.875% notes due 2026, marking strategic debt restructuring.
On November 6, 2024, Adient, a global leader in automotive seating, entered into a joint development agreement (JDA) with Paslin, a machine integrator and automation company.
Foundry Partners LLC makes new investment in Adient plc (NYSE:ADNT).
18 April, 2024The Independent Democratic Union of Lesotho (IDUL) is taking vehicle seat manufacturing Adient Automotive to the Directorate of Dispute Prevention and Resolution (DDRP) - the kingdom's labour tribunal - for union busting and violating trade union rights to collective bargaining.
Handelsinvest Investeringsforvaltning makes new investment in Adient plc (NYSE:ADNT).