Treasury Internship (Maranello)

Ferrari has a most desirable track record, in Racing as well as in Sports Cars production, record business results and voted one of the “World’s most powerful brands”. Above all Ferrari is an international team working with the highest level of professionalism and dedication, based on performance, meritocracy and continuous development, with innovation at the heart of our future.

For this challenging and learningful role, you will be part of our Ferrari Treasury Team and reporting directly to Group Cash Management, Payments & Banking relations. Manager you will of course collaborate also with other functions of HQ (Digital Transformation, Legal, Tax, Accounting, Human Resources office) and subsidiary colleagues in Finance, with have frequent interaction with banks and other financial experts.

For the project, you will support the team in different activities, including:

• Cash Management: payment processing; daily cash management by managing bank accounts; pooling and intercompany financing agreements;
• Bank relationship: negotiation and strategic monitoring of outstanding credit line and deposit and related terms and conditions
• Risk Management: back-office support for financial instruments; and preparing treasury reports or presentation materials for management
• Manage urgent transactions and special projects, for example support to Retail business unit and Digital Transformation implementation;
• Ensuring compliance to Ferrari procedure and best practices, including SOX, documenting and update Treasury policies and procedures.

Required profile

For this assigment, you will ideally be recent graduate or Master student (eligible for internship) or in your final year in Economics, Finance or Business Administration. You will not only have a passion for automotive and innovative solutions, but also already gained first work-experience through internships in Treasury operations or similar projects, that allow you to understand the business complexities and help you to develop your business and communicative skills.

In Ferrari you must exhibit the capability to think analytically, target-oriented and structured. You need to demonstrate strong communication skills (such as the ability to listen as well as in-depth reasoning). You will be expected to work independently as well as integrate as part of a team. We require attention to the detail and awareness of the responsibility that comes with your role.

You are motivated to adapt to and learn from the company culture. It goes without saying that you relish a challenge. The effective completion of your daily tasks requires you to be a proficient user of Microsoft Office (Word, Excel, PowerPoint & Outlook). Fluent English is required.

We are an Equal Opportunity Employer

Location: Maranello, Italy

Seniority: Internship

Ferrari offers: Monthly allowance and daily complimentary access to company restaurant.