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Finance Intern

Job Description

Purdue Pharma L.P. and its subsidiaries develop, manufacture and market medications to meet the evolving needs of healthcare professionals, patients, and caregivers. We were founded by physicians, and we are currently led by a physician. Beyond our efforts to provide quality medications, Purdue is committed to supporting national, regional and local collaborations to drive innovations in patient care. Privately held, Purdue is pursuing a pipeline of new medications through internal research & development and strategic industry partnerships.

For close to two decades Purdue has engaged in many initiatives to stem prescription opioid abuse. We are committed to bringing lifesaving relief to communities and individuals suffering from substance use disorder and overdose. We are currently developing or supporting the development of two essential life-saving opioid overdose reversal medications and have the capability to manufacture others for medication assisted treatment. Providing these medicines has the potential to improve and save countless lives.

We are driven by our purpose: Compassion for patients and excellence for science inspire our pursuit of new medicines.

We are building an exciting path forward, and we are committed to recruiting a dedicated team of professionals who advance our expertise through a commitment to Purdue’s Values: Integrity and Courage, underpinned by Innovation, and always in Collaboration with each other.

At Purdue Pharma and our subsidiaries, you have a unique career opportunity to work differently, uncover and seize new opportunities, and take a hands-on, ownership approach to your work. We go beyond traditional roles and find creative ways to extend our skills and interests, challenging ourselves to contribute in different, meaningful ways. We strive to create an environment where you can bring your best to work each day. We welcome the opportunity to have you on our team!

Internship Summary

This internship provides a unique opportunity for an ambitious undergraduate or graduate student to immerse him/herself in the Finance segment of a major pharmaceutical company. The role is crafted to offer firsthand experience in basic finance operations, including accounts payable and accounts receivable/credit services, and business development, emphasizing the pharmaceutical industry's dynamic and complex nature. The intern will work closely with colleagues within the Finance organization and other functional areas to support various aspects of financial modeling, market/competitive research, accounts payable, accounts receivable (credit and collections), and ad-hoc project ensuring alignment with the Company's values of Collaboration, Integrity, Courage, and Innovation.

Primary Responsibilities

Develop knowledge of roles and functions within the Finance organization, including Business Development Finance, Accounts Payable, and Credit Services.
Help to update, simplify, and streamline relevant financial models, tables, and presentations.
Write and distribute weekly summaries of relevant market and industry activity,
Conduct research on life sciences companies, programs, therapeutic areas, and other relevant topics related to business development efforts; attend relevant webinars and draft event summaries.
Assist with the preparation of customer short payment forms and collection efforts to recuperate credit/deduction balances, including sending credit copies to customers, assisting with the identification of open items to reconcile accounts, obtaining financial statements from various websites (e.g., Dun and Bradstreet, Securities and Exchange Commission), and assisting with special projects, among other tasks.
Review and analyze accounts payable transactions in “pending coding” status for submitted vendor/supplier invoices, including researching pending items and conducting necessary follow-up actions.
Provide cross-functional operational support on ad hoc requests and deliverables.

Education

Required: Currently enrolled in an accredited undergraduate or graduate program.
Preferred: Accounting, Finance, or Business major.

Necessary Knowledge, Skills, and Abilities

Proficiency in Microsoft Office Suite.
Strong written and oral communication skills.
Adaptable to a dynamic environment and the ability to work independently.
Effective research skills.
Able to collaborate effectively with cross functional team members and external partners.
Goal-oriented, project-oriented, and achievement-oriented.
Proven ability to effectively manage multiple priorities for multiple stakeholders.
Desire to learn from others and build relationships across the organization.
Prior experience in (or exposure to) healthcare or the pharmaceutical industry a plus.

Additional Information

Able to work 3 – 4 days per week (preferably during core office hours of 9:00 a.m. to 5:00 p.m. from Monday through Thursday) for 8 – 10 weeks.

We respect diversity and accordingly are an equal opportunity and an affirmative action employer. Qualified applicants will receive consideration without regard to: actual or perceived race, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), national origin, ancestry, citizenship status, religion, color, age, creed, sexual orientation, marital status, gender identity or gender expression (including transgender status), protected medical condition as defined by applicable state or local law, genetic information, physical or mental disability, veteran status and military service, or any other characteristic protected by local, state, or federal laws and ordinance.

For more information about your rights under Equal Employment Opportunity, visit:

We strive to make our Career opportunities website accessible to all users. If you need an accommodation to participate in the application or hiring process, please email the Talent Acquisition team at careers@pharma.com. This email is not for general employment inquiries or vendors; rather it is strictly for applicants who require assistance.

The Company does not seek or accept unsolicited resumes or CVs from recruitment agencies. We are not responsible for any fees, commission, or any type of payment related to unsolicited resumes or CVs except as required in a written agreement between the Company and the recruitment agency or party requesting payment of a fee.

Under certain state law, we may be required to provide a reasonable estimate of the salary range for the jobs covered by this description. Actual salary determinations will take into account factors such as work location, prior education or training and experience, job related knowledge, and demonstrated skills aligned with the Company’s internal leveling guidelines and benchmarks. Resumes may be considered in the order they are received.

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The Company never requests money or fees for any purpose during or after the hiring process.
The hiring process involves at least one interview (phone, virtual or in-person). The Talent Acquisition team corresponds from email addresses with the domain “@pharma.com”.
The Talent Acquisition team does not request or require personal documents like bank account details, or credit card information as part of the recruitment process.

If you are in doubt or unsure about the source of job posting or job offer, please visit the Career section on the Company website to verify the job or contact the Company directly at careers@pharma.com.