Press the F5 button to begin the presentation and press the right arrow key ( ) to hear the recorded webinar SEO Career Program Our mission: Preparing young people of color to lead by example in their families, communities and careers What is the Corporate Financial Leadership Program? What is the CFL Program? A 10-week paid summer internship in an industry leading company. It is an opportunity to learn about finance and business from the inside of a company and the first step in building the foundation for a career in global business. Partner Companies: CFL: Prep for Success • Training – Accounting and financial statement analysis – Networking workshops – Business tools • Mentoring – Resumes – Professional development • Leadership Development Seminar: The Institute 5 CFL Institute CEO/CFO Roundtables Corporate Communications Training Mini-MBA Course Diversity Career Panel Networking with top Executives Presentation Skills CFL Alumni Panel CFL Institute CEO/ CFO Roundtables IBM CFO – Mark Loughridge CFL Institute Selected Roles Corporate Strategy Financial Reporting Treasury Marketing Investor Relations Accounting Analysis SEO Partner Company Human Resources Business Development / M&A Research Corporate Tax Auditing Risk Management Financial Planning Position Profiles Financial Planning Fortune 500 company • Measures internal performance and prepares/reviews documents for public disclosures and filings • Uses current and past performance data to predict future financial outcomes Business Development Fortune 500 company • Conducts financial analysis for potential acquisitions and/or mergers • Determines whether the merger or acquisition makes financial sense Position Profiles Internal Audit Fortune 500 Company • Helps organizations achieve their stated objectives by using a systematic methodology for analyzing business processes, procedures and activities • Highlight organizational problems and recommend solutions Treasury Fortune 500 Company • Manages a company’s holdings in cash, government and corporate bonds, currencies, financial futures, options, derivatives, payment systems and the associated risk management Day in the Life Eric Stephenson, Temple University Major: International Business Corporate Finance, Treasury - Xerox Corporation 6:45am Wake up, shower, get dressed, cook breakfast and eat while watching CNBC 8:30am Drive to work 8:45am Get to work and check Outlook for today’s meetings and emails. Read economic recap emails sent from banks (Goldman, Bank of America ) describing and analyzing how the markets closed yesterday and the market forecast for today 10:00am Update financial charts using Microsoft Excel and analyze prior to submitting to manager 11:00am Meet with the managers from different departments in Treasury (Global Risk Management, Corporate Finance, Treasury Operations, etc.) to gather information to be placed and updated on the global website 12:00pm Update the Corporate Treasury website Cont… Day in the Life (cont.) 12:30pm Lunch with co-workers and other interns 1:30pm Continue updating the Corporate Treasury website 2:30pm Meet with banks (i.e. Goldman, Merrill, Deutsche, etc.) to discuss the opportunities in the commercial paper market 4:00pm Go back to desk and review all the information from the meeting 4:30pm If the company performs a share repurchase transaction, I immediately record and update the financial sheets. This information is immediately sent to the CFO and Treasurer for review 5:00pm Send out final emails, make “to-do” list for tomorrow, make final updates to the Corporate Treasury Website and organize desk 5:30pm Head to the gym to workout with co-workers and other interns 7:00pm Get home, shower, make lunch for tomorrow and cook dinner Typical Projects • • • • • • • • Financial Planning & Analysis Budgeting Corporate Consolidation Competitor Analysis Quarterly Reports / Earnings Releases Financial Market Research Microsoft Excel analytics Microsoft PowerPoint presentations Next Steps Complete Zoologic Cash Flow Statement Income Statement Income Statement Analysis Balance Sheet Liabilities and Equity Capital Budgeting Understanding the CFO Challenges Fundamentals of Economic Indicators Operational Risk: Quantification and Mitigation Research Companies! Company Websites Google Alerts Quarterly Earnings Reach out to SEO alums Enroll in finance, accounting and business writing courses Thank You! You can email any questions/comments/feedback to Roz Mays, rmays@seo-usa.org or Vanessa Greaves, vgreaves@seo-usa.org