LMC is the leading buying group for a network of independent building material companies across the US. As their buying group, LMC negotiates and facilitates procurement opportunities for the most desired brands in the lumber and building materials industry. We also work to provide operational support with focus on logistics, capital equipment, technology, and marketing. By leveraging the billion dollar buying power of our members, LMC ensures our members have a competitive edge to capture more of their local market share.

Our Finance & Accounting Internship is a 12-week summer program designed to provide an opportunity to gain real-world Finance experience. This individual will gain exposure to our Rebate Accounting and Financial Analysis/Credit Departments primarily by assisting with the calculation and distribution of vendor rebate programs to LMC's members, and by assisting with the review and analysis of LMC's member's annual financial statements. The internship experience is also enriched with opportunities to learn more about LMC’s overall business strategy and industry through a series of special projects, education sessions with our leadership team, and customer and vendor meetings.This is paid summer internship, working approximately 35 hours per week, requires work in our Wayne office Monday through Thursday, with the option to work remotely on Fridays, as well as the first Monday of each month.

Key Internship Tasks Include:

• Assist with the calculation, collection, and distribution of vendor rebate programs to LMC's members.
• General Ledger reconciliation of rebate programs.
• Develop a comprehensive understanding of the financial reporting of corporations and a more in depth understanding of accounting operations at LMC.
• Conduct full analysis of stockholder member’s financial statements to evaluate for creditworthiness based on the LMC Credit Formula and Credit Policy which analyzes key measurements and benchmark statistics.
• Work with LMC's Credit Department in preparing in-depth written reports outlining various aspects for the analysis to be presented to the LMC Finance Committee.
• Perform other duties as assigned.

Qualifications:

• Currently enrolled in a Bachelor’s degree program majoring in Finance, Accounting or other related field.
• Proficient in MS applications; Word, Excel and PowerPoint.
• Excellent verbal and written communication skills.
• Basic understanding of financial statements such as: Balance Sheet, Income Statement and Statement of Cash Flows as well as a general understanding of basic financial ratios such as: Current Ratio and Debt-to-Net Worth.

Why join an internship at LMC?

LMC supplies products and services to the home building industry, which is seeing considerable growth with exciting new products, advanced building technologies, and home improvement innovations. The LMC team uses its knowledge and expertise in an entrepreneurial atmosphere to further the growth of our independent member companies. The average tenure of LMC staff is fifteen years or more, and there is a strong sense of camaraderie and pride in our customer-focused culture. Being a part of an established forest products and building materials buying group that helps locally owned, independent businesses succeed is truly a rewarding experience.

Check out some of our internship perks!

• Walking distance to the train station and local eateries
• Employee and internship team building, company gatherings and participation in various charity events
• Gain excellent business experience with a well known and trusted organization
• Build your network, connections and resume with a unique experience
• Located in the beautiful neighborhood of Wayne, Pa

Come Be a Part of Something Bigger!