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Established in 1806 as a small soap and candle business in New York City, Colgate-Palmolive is now a truly global company with products sold in over 200 countries and territories under such internationally recognized brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, Haci Sakir, Suavitel, PCA SKIN, EltaMD, Filorga and Hello as well as Hill's Science Diet and Hill's Prescription Diet.

Colgate-Palmolive is a leading consumer products company that serves hundreds of millions of consumers worldwide with brands and products across four core businesses – Oral Care, Personal Care, Home Care and Pet Nutrition. We are committed to offering products that make lives healthier and more enjoyable, and programs that enrich communities around the world.

Every day millions of people trust our products to care for themselves and the ones they love. Our goal is to use our technology to create products that will continue to improve the quality of life for our consumers wherever they live.

A career at Colgate-Palmolive is an excellent opportunity if you seek a global experience, constant challenge, and development opportunities in an environment that respects work/life effectiveness.

Job Title:  Customer Finance Planning Intern

Travel Required?:  Travel - up to 10% of time
Date:  Feb 13, 2025
Hybrid

No Relocation Assistance Offered
Job Number #165237 - Minneapolis, Minnesota, United States

Who We Are

Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specializing in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name!

Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all.

 

About the Job
This internship is designed to provide students with practical, hands-on experience and exposure to Colgate’s commercial finance processes and activities  while at the same time working on day-to-day activities and projects that are important to the needs of our US daily operations. During the internship, students will work on various financial activities and also have the opportunity to meet with members of our Divisional/Financial Senior Management Teams and learn about Colgate Palmolive’s overall business. We are looking for candidates who show great aptitude/willingness to learn quickly on the job, demonstrate strong analytical skills, have the ability to multitask, have the flexibility to manage a variety of responsibilities that may change frequently and who can think creatively to generate ideas that will improve efficiencies in our Finance function.

 

The Customer Development Finance internship provides excellent exposure to Colgate’s Customer Development Organization and the company’s key accounts. Responsibilities include, but are not limited to the following:

  • Weekly update of P&L (Profit & Loss) statement.
  • Monthly update of NVOs (Non Variable Overhead) report and Ecommerce P&L.
  • Biweekly reminder to the team of promotional events status.
  • Support Gross to Net reconciliation process on spending (Rebates / Deductions).
  • Calculate the return on investment of promotional items that sell in our customer’s stores.
  • Maintain customized files used for tracking sales vs quota and plans.
  • Participate in key business meetings.
  • Support understanding analytics on market Profit & Loss and other strategic initiatives.
  • Support month end closing activities by researching specific issues related to trade spending in order to complete closing explanations.
  • Work on special projects as needed.

 

Requirements

  • To be considered for this internship, you must be an undergraduate student 
  • Expectation to be in office at least 3 days per week
  • Desired Majors: Finance, Accounting, or related fields
  • Strong analytical skills
  • Superior interpersonal and communication skills
  • Project management and quantitative skills
  • Interest in a global career
  • Authorization to work in the United States for any employer required

 

Duration of the internship: June 2025 to June 2026


Compensation and Benefits
Salary Range $20.00 - $24.00 USD

Pay is determined based on experience, qualifications, and location. Salaried employees may also be eligible for discretionary bonuses, profit-sharing, and long-term incentives for Executive-level roles.

Benefits: Salaried employees enjoy a comprehensive benefits package, including medical, dental, vision, basic life insurance, paid parental leave, disability coverage, and participation in the 401(k) retirement plan with company matching contributions subject to eligibility requirements. Additional benefits include a minimum of 15 vacation/PTO days (hourly employees receive a minimum of 120 hours) and 13 paid holidays (vacation days are prorated based on the employee's hire date within the calendar year). Paid sick leave is adjusted based on role and location in accordance with local laws. Detailed information regarding paid sick leave entitlements will be provided to employees upon hiring and may be subject to adjustments based on changes in legislation or company policies.

Our Commitment to Diversity, Equity & Inclusion
Achieving our purpose starts with our people — ensuring our workforce represents the people and communities we serve —and creating an environment where our people feel they belong; where we can be our authentic selves, feel treated with respect and have the support of leadership to impact the business in a meaningful way.

Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.

Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.

For additional Colgate terms and conditions, please click here.

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Nearest Major Market: Minneapolis

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