Internship

Co-op Finance

Spring

Confirmed live in the last 24 hours

Symbotic

Symbotic

1,001-5,000 employees

Develops robotics and software for supply chains

Robotics & Automation
Enterprise Software

Burlington, MA, USA

Onsite presence required.

Category
Cost Accounting
Financial Accounting
Accounting
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Pursuing a 4-year college degree in Accounting or related field from an accredited institution.
  • Understanding of fundamental cost accounting theories and concepts.
  • Strong interpersonal and communication skills (i.e. oral and written).
  • Demonstrates an interest in learning inner workings of accounting process and systems.
  • Experienced Microsoft Excel user, proficient with functions, pivot tables and data analysis.
  • Ability to meet deadlines in a fast-paced environment with multiple priorities.
  • Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Strong organizational skills and time management skills.
Responsibilities
  • Assist with monthly financial close activities.
  • Help ensure accuracy and reliability of general ledger/trial balance.
  • Analyze costs against prior periods, plan and latest forecast.
  • Prepare reports for monthly financial results.
  • Support the documentation of controls, processes and ensure SOX compliance.
  • Assist with and ensure successful quarterly and year end audits.
  • Prepare ad hoc reporting and analyses and assist team with research on cost accounting questions and assist with special projects, as requested.

Symbotic develops robotics and software aimed at improving supply chain operations for manufacturers, distributors, and retailers. Their solutions include both hardware and software that work together to automate various processes within the supply chain, making them faster and more efficient. Unlike many competitors, Symbotic focuses on a comprehensive approach that combines advanced automation technologies with ongoing support and maintenance, ensuring that clients can maximize the benefits of their systems. The goal of Symbotic is to enhance the profitability of supply chains through effective automation.

Company Stage

IPO

Total Funding

$607.5M

Headquarters

Wilmington, Delaware

Founded

2007

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Symbotic's impressive revenue growth, such as $424 million in Q2 2024, highlights its strong market position and potential for financial stability.
  • Investments from firms like Driehaus Capital Management and Pinebridge Investments signal confidence in Symbotic's future prospects.
  • The appointment of a new CFO, Carol Hibbard, could bring fresh strategic insights and leadership to drive further growth.

What critics are saying

  • Symbotic's consistent net losses, despite high revenue, could indicate underlying financial instability.
  • The competitive landscape in logistics automation is intense, requiring continuous innovation to maintain market position.

What makes Symbotic unique

  • Symbotic specializes in AI-enabled robotics technology for the supply chain, setting it apart from general automation providers.
  • The company's focus on flexible warehouse automation solutions addresses specific logistics challenges, unlike broader automation solutions.
  • Symbotic's significant revenue growth, despite net losses, indicates strong market demand and investment in innovation.

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