Intern - FP&A Cost - 2026

BAKER HUGHES; Greater London; On-site; GBP 18,000 - 24,000; Full time

Job summary

Baker Hughes offers a 12-month FP&A internship designed for students or recent graduates seeking hands-on experience in Finance. You will work on SG&A and cost analysis, participate in budgeting and forecasting, and prepare financial reports to support business decisions.

You will be mentored by a manager and buddy and gain exposure to global finance processes, reporting tools, and data-driven decision making within a diverse team.

Qualifications

• Be currently enrolled in or a recent graduate with a strong analytical focus.
• GPA requirement: 3.0/4.0 or equivalent.
• Fluent in written and spoken English with good communication skills.
• Eligible to work in the UK without company sponsorship or time restrictions.

Responsibilities

• Complete internal projects to deliver business outcomes and identify process improvements.
• Learn internal software and tools to support analysis, reporting, and project delivery.
• Collaborate with cross-functional teams and interns to network with global business leaders.
• Apply HS&E standards and procedures to ensure compliance.
• Support SG&A and functional cost analysis, including budgeting and forecasting.
• Prepare financial reports and dashboards to provide timely insights to stakeholders.
• Support cost governance activities and identify efficiency opportunities.
• Utilize Excel and Power BI to perform analysis and reporting tasks.

Skills

Financial analysis

Data analysis

Cost analysis

Education

Bachelor's or Master's in Finance/Accounting/Economics/Data Analytics

Tools

Excel

Power BI

Job description

The Baker Hughes 12 months Internship is designed to enable students either pursuing a Bachelors' or Masters' degree or recently graduated to gain hands-on work experience as the foundation of their professional lives. Our internships will give you first-hand insights into the processes, systems, and practices that are aligned to ensure customer needs are met through flawless execution and the application of leading-edge technology. Partner with the best You'll participate in focused training, and team meetings, work on projects, and present your results. During your internship, you will be supported by a buddy and your manager who will ensure you have a valuable learning experience. You can expect to receive coaching and mentoring to enable you to complete assignments and projects to develop your learning and skillset. You will also have the opportunity to become familiar with the Health, Safety, and Environment (HS&E) and culture of Baker Hughes. as well as our strong commitment to diversity, equity and inclusion.

• Completing internal projects to deliver business outcomes and identify process improvement opportunities.
• Learning internal software and tools to support analysis, reporting, and project delivery.
• Collaborating with cross-functional teams and interns to interact and network with global business leaders.
• Applying Health, Safety, and Environment (HS&E) standards and procedures in all situations to ensure compliance is maintained.
• Assisting with SG&A and functional cost analysis, including budget variance reviews, trend analysis, and performance reporting.
• Supporting budgeting and forecasting activities through data collection, validation, modelling, and variance analysis.
• Preparing financial reports and dashboards to provide accurate and timely insights to business stakeholders.
• Supporting cost governance activities, including tracking spending, analysing cost drivers, and identifying opportunities for efficiency improvements.
• Utilizing financial systems and reporting tools, including Microsoft Excel and Power BI, to perform analysis and reporting tasks.

Functional Cost Control / FP&A Internship

• Assisting in financial analysis projects focused on SG&A and functional costs, including spending trends, cost drivers, productivity metrics, and budget performance.
• Participating in the budgeting and forecasting processes, including data collection, modelling, and variance analysis.
• Preparing financial reports, including monthly variance analysis, cost actuals reporting, and forecast updates.
• Supporting projects aimed at enhancing reporting efficiency, strengthening financial governance, and streamlining global processes.
• Utilizing Microsoft Office tools, including Excel and Power BI, to support financial reporting, cost analysis, and process improvement initiatives.
• Supporting functional headcount and organisational reporting activities, helping ensure data accuracy and alignment across finance systems.
• Be currently enrolled in or recently graduated from a Bachelor's or Master's degree in Finance, Accounting, Economics, Business Administration, Data Analytics, Mathematics, Statistics or another discipline with a strong focus on analytical problem-solving and data-driven decision making.
• Have maintained a GPA grade greater than or equal to 3.0 out of 4.0 or the equivalent in your country
• Be fluent in oral and written English and have effective communication skills
• Be able to legally work in the country that you are applying in, without company sponsorship or time restriction
  Working at Baker Hughes means being at the forefront of the energy transition. Our people are diverse, ambitious, and collaborative. We're on a mission to redefine the energy sector by unlocking the power of engineering, data, and science.