Spain Finance Trainee (recently graduated) - Madrid
Boston Consulting Group
Spain Finance Trainee (recently graduated) - Madrid, Spain
Who We Are
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital venturesand business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.What You'll Do
The Finance Trainee will be an integral part of the Iberia Case Management Team, supporting BCGs business objectives and growth within the finance team. This role will involve project control, client interaction, financial systems management, risk assessment, planning, and reporting analysis. The selected candidate will work within our Spanish Finance Team, collaborating closely with colleagues to ensure efficiency and accuracy in financial operations
Case Management & Financial Operations
- Support the case management team in the case opening process, economic analysis, and coordination with client officers and local legal advisors for contract procurement
- Manage client work-in-progress, ensuring timely and accurate invoicing in compliance with contracts and firm DSO targets, while monitoring accounts receivable
- Collaborate with Finance and Staffing teams to track investments, project performance, and profitability
- Develop and prepare revenue backlog reports and forecasts.
- Monitor weekly billability and financial performance
- Optimize financial processes and policies (e.g., T&E policy, invoicing and cash collection improvements, system upgrades)
- Conduct ad hoc financial analysis tailored to client needs
- Assist in budget planning and forecasting
- Review client contracts, ensuring compliance with commercial terms and internal policies (ICERTIS)
SAP for Hana Project Management System
- Maintain SAP system for local offices, ensuring alignment with business needs
- Update employee records (new hires, promotions, terminations) and coordinate with HR to ensure finance and HR systems are synchronized
- Work with affiliate office finance leadership to monitor capacity changes and ensure accurate employee record maintenance.
- Manage internal controls and reconciliation of employee transactions
- Maintain an up-to-date client database
- Record invoices and cash collections
- Execute assignment charge corrections and project absorptions as needed
Risk Management & Compliance
- Ensure internal controls and compliance within assigned responsibilities
- Collaborate with the Senior Accountant to implement global risk management procedures, including segregation of duties, documentation, archiving, and emergency procedures
Infor System Management
- Review and process employee timesheets, ensuring completeness and accuracy
- Follow up on missing timesheets, process corrections, and ensure accurate postings within Infor
What You'll Bring
Education:
- Completed Spanish Bachelors degree in Finance, Accounting, or a related field. Provide a photocopy
- Minimum of 1 year of work experience, preferably in a multinational corporation or professional services firm
- 1 year of experience in project control
- Fluent in written and spoken Spanish and English
- Strong interpersonal and communication skills
- Excellent analytical and numerical reasoning abilities
- High level of discretion, trustworthiness, and responsibility
Additional info
- Please upload your Vida Laboral to be considered for this position: Categoras ()
- No more than 3 years since obtaining the degree (5 years for candidates with disabilities). For foreign degrees, the period starts from the date of recognition in Spain
- Cannot have worked under a training contract (convenios extracurriculares) in the company for more than 3 months, except for required curricular internships
- Must not have worked under an internship contract (contrato en prcticas) for over 1 year at any company (work history/Vida Laboral required)
- Must hold a valid work permit for the entire internship period
- Proficiency in Excel and MS Office analytics tools (Tableau, Alteryx, Power BI)
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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