Intern - Lease Accounting

Are you looking for a unique opportunity to be a part of something great? Want to join a 17,000-member team that works on the technology that powers the world around us? Looking for an atmosphere of trust, empowerment, respect, diversity, and communication? How about an opportunity to own a piece of a multi-billion dollar (with a B!) global organization? We offer all that and more at Microchip Technology Inc.

People come to work at Microchip because we help design the technology that runs the world. They stay because our culture supports their growth and stability. They are challenged and driven by an incredible array of products and solutions with unlimited career potential. Microchip’s nationally-recognized Leadership Passage Programs support career growth where we proudly enroll over a thousand people annually. We take pride in our commitment to employee development, values-based decision making, and strong sense of community, driven by our Vision, Mission, and 11 Guiding Values; we affectionately refer to it as the Aggregate System and it’s won us countless awards for diversity and workplace excellence.

Our company is built by dedicated team players who love to challenge the status quo; we did not achieve record revenue and over 30 years of quarterly profitability without a great team dedicated to empowering innovation. People like you.

Visit our careers page to see what exciting opportunities and company perks await!

Job Description:

• Review lease agreements and verify that key lease information is correctly captured.
• Check and validate lease information updated in ProLease.
• Highlight any discrepancies between the lease agreement and the ProLease record to the reviewer.
• Help maintain lease administration records, trackers and supporting documentation.
• Assist in pulling and organizing lease reports from ProLease.
• Support the checking and validation of short-term and low-value leases that are not capitalized.
• Undertake an assigned improvement project applying automation and AI tools to make the lease review process more efficient.
• Prepare a simple summary of leases reviewed and highlight items needing attention.
• Learn the end-to-end lease administration process and the ProLease system.
• Provide general support to the Lease Accounting team.
• Follow company internal controls, standard procedures and confidentiality requirements.
• Handle ad-hoc request/assignment.

Requirements/Qualifications:

• Degree in Accounting
• Basic understanding of accounting concepts.
• Knowledge of lease accounting standards (IFRS 16 / ASC 842) would be a plus.
• Interest in data analysis, automation and process improvement.
• Good Microsoft Excel skill; exposure to Power Query, Power BI or AI tools would be a plus.
• Willing to learn and able to work independently.

Travel Time:

To all recruitment agencies: Microchip Technology Inc. does not accept unsolicited agency resumes. Please do not forward resumes to our recruiting team or other Microchip employees. Microchip is not responsible for any fees related to unsolicited resumes.