Eli Lilly Finance Internship: A Deep Dive

An Eli Lilly finance internship offers a challenging and rewarding experience for students seeking to launch their careers in the pharmaceutical industry. Known for its innovative drug development and global reach, Eli Lilly provides interns with real-world projects and exposure to diverse financial functions.

What to Expect

Interns can expect to be integrated into various teams, including financial planning and analysis (FP&A), accounting, treasury, and internal audit. The specific responsibilities will vary depending on the assigned team and current company priorities, but generally include:

• Financial Modeling: Developing and refining financial models to forecast revenue, expenses, and profitability. This might involve analyzing market trends, conducting sensitivity analyses, and presenting findings to senior management.
• Data Analysis: Utilizing data analytics tools to identify trends, insights, and opportunities for improvement in financial performance. Interns may work with large datasets to track key performance indicators (KPIs) and prepare reports.
• Budgeting and Forecasting: Assisting with the annual budget process, developing monthly forecasts, and analyzing variances between actual and planned results. This could involve collaborating with different departments to gather information and ensure accuracy.
• Accounting Support: Contributing to the preparation of financial statements, reconciling accounts, and ensuring compliance with accounting regulations. This provides practical experience in applying accounting principles and understanding financial reporting processes.
• Project Management: Participating in cross-functional projects to improve financial processes, implement new technologies, or support strategic initiatives. This allows interns to develop project management skills and work collaboratively with diverse teams.

Benefits and Opportunities

Beyond the day-to-day tasks, an Eli Lilly finance internship provides several key benefits:

• Mentorship: Interns are typically assigned a mentor who provides guidance, support, and feedback throughout the program. This offers valuable networking opportunities and insights into career development.
• Training and Development: Eli Lilly invests in its interns by providing access to training programs, workshops, and online resources to enhance their technical and professional skills.
• Networking: Interns have opportunities to network with employees at all levels of the organization, including senior leadership. This expands their professional network and provides exposure to different career paths within the company.
• Real-World Impact: Interns contribute to meaningful projects that have a direct impact on the company’s financial performance. This allows them to see the practical application of their skills and make a tangible contribution to the organization.
• Potential for Full-Time Employment: Successful completion of the internship can lead to full-time employment opportunities within Eli Lilly’s finance organization.

Ideal Candidate Profile

Eli Lilly typically seeks highly motivated and analytical students pursuing a bachelor’s or master’s degree in finance, accounting, economics, or a related field. Strong academic performance, excellent communication skills, and proficiency in Microsoft Excel are essential. Experience with financial modeling software, data analytics tools, and knowledge of accounting principles are also highly valued. A genuine interest in the pharmaceutical industry and a desire to learn and grow are crucial for success in this role.

In conclusion, an Eli Lilly finance internship is a valuable stepping stone for aspiring finance professionals seeking a challenging and rewarding career in the pharmaceutical industry. The program provides hands-on experience, mentorship, and networking opportunities, setting interns up for success in their future careers.