Corporate Finance Internship

AXA; Madrid; On-site; EUR 30,000 - 50,000; Full time

Job summary

AXA Group seeks a candidate in Madrid for a finance role within the Corporate Finance team. Responsibilities include analyzing macroeconomic indicators and participating in preparing business plans. The candidate should be a recent graduate or nearing graduation in Finance or related fields.

Key skills required are proficiency in Excel and PowerPoint, strong analytical abilities, and fluency in English. Previous practical experience in finance is an advantage. AXA promotes Diversity and Inclusion in the workplace.

Qualifications

• Ongoing studies (final semesters) or recent graduate.
• Previous practical experience in finance is an advantage.
• Understanding of financial concepts and valuation methods.

Responsibilities

• Analyze macroeconomic indicators in target markets.
• Participate in business plans and valuation preparation.
• Prepare presentations for decision making.

Skills

Proficiency in Excel

Proficiency in PowerPoint

Analytical skills

Fluency in English

Basic knowledge of IFRS

Education

Degree in Finance, Accounting, Controlling or similar

Job description

International Markets (IMa) brings together AXA markets in America (Mexico, Colombia and Brazil), MEA (Turkey, Lebanon, Morocco, Algeria, Nigeria, Egypt and CIMA Countries) and SEA (Philippines, Indonesian, and Thailand) with the determined and exciting ambition to create strong sustainable and profitable growth. Driven by our culture, International Markets strengthens, energizes and develops innovative solutions and capabilities tailored to the diverse needs of our customers, whilst protecting our reputation, our brand and our balance sheet. To support this emerging market-oriented business model, AXA IMa offers a multicultural and diverse environment (languages, countries, nationalities) and multiple international career development opportunities.

Mission

The Corporate Finance team is in charge of two main areas of activities:

• Coordinating all mergers and acquisitions (M&A) related activity (acquisitions, large partnerships, disposals, internal restructurings, etc.) including the sourcing, assessment, target identification, internal alignment, and approval process for the IM perimeter.
• Coordinating the capital management activities within International Markets perimeter which contributed to the delivery of more than EUR 350m cumulated remittance over 2021-2023. Cash generation is one of the strategic priorities of AXA Group.

Key Accountabilities

• Analysis of macroeconomic indicators in target markets
• Sectorial analysis and strategic monitoring of target or competitor companies
• Analysis of key financial indicators of potential acquisition or divestiture targets
• Participation in preparation of business plans and valuation (business case modelling) and calculation of financial impacts
• Preparation of presentations for the decision making – explaining the conclusions of the analysis work and the progress of projects
• Support the capital allocation process, including operations such as cash remittance optimization from IMa subsidiaries, and monitor the upstream cash flows to the Group.
• Monitor key indicators by entities to assess proper capital allocation, such as solvency ratio, RoE, etc.
• Oversee and analyze the financing needs of our entities within scope, including loans and capital injections, and collaborate with tax and legal teams to ensure timely execution

Candidate Profile

Background and experience:

• Ongoing studies (final semesters)/recent graduate with degree in Finance, Accounting, Controlling or similar
• Previous practical experience in the field is an advantage

Technical and professional skills:

• Excellent proficiency in Excel and PowerPoint
• In-depth understanding of financial concepts/indicators and common valuation methods
• Strong analytical skills
• Basic knowledge of the IFRS and accounting mechanisms
• Fluent in English
• French is a plus
• Basic knowledge of the insurance industry

Soft skills and competencies:

• Autonomous, organized, and reliable
• Strong communication and interpersonal skills
• Capacity for managing tight deadlines and highly demanding environment; being multitasked is essential for this position
• Ability to work in the international environment
• Initiative and agile spirit

At AXA, we actively promote Diversity and Inclusion by offering equal opportunities. Possession of a disability certificate will be positively valued.