Job Description Worthington Enterprises is looking for a hard-working and intelligent student to assist its Corporate Development and M&A function. The internship will provide the opportunity to gain exposure to all aspects of the M&A process. M&A has played a critical role in Worthington's growth over the last decade. The Corporate Development/M&A intern will have the opportunity to participate in, and lead certain aspects of, the following:
- Valuation modeling for acquisitions, divestitures, and joint ventures.
- Preparing credible, diligent, and independent financial analyses to evaluate corporate M&A opportunities. Generating or evaluating deal-specific pro forma financial statements and qualitative reports to enable Senior-level decision-making.
- Conducting due diligence on target companies in conjunction with other business and corporate functions.
- Identifying and sourcing potential acquisitions targets. Includes conducting market and competitive analyses to identify attractive new industries in which to pursue growth.
- Partnering with other team members to prepare and deliver senior management and Board level communications and memos.
- Preparing and presenting ad hoc analyses as needed. Reporting information to executives and decision makers, communicating key messages, and recommendations.
- Updating, optimizing, and gaining insight from the M&A team's CRM tool that tracks relationships with potential target companies, investment banks and other intermediaries, private equity firms, and third-party diligence service providers. Generating reports from the CRM to ensure prioritization of projects and to identify opportunities to enhance relationships and deal sourcing effectiveness.
- Maintaining internal documentation of M&A transactions in the marketplace Candidates must be willing to work part-time during the school year and full-time over the summer.
Desired Experience & Education
- Accounting, Finance, or Economics Major
- 18-25 hours minimum during school year, 40 hours during summer
- Ability to work in person at the corporate office in Columbus, Ohio
- Grade Point Average: 3.5 or Above
- Excellent written & verbal communication skills - with the ability to effectively communicate and develop strong relationships with senior leaders and across a multinational organization.
- Familiarity with general corporate finance concepts and basic M&A valuation methods (DCF, precedent transactions, comparable companies, etc.)
- Ability to handle complex analysis, from issue identification to proposal to solution implementation.
- Proficiency with MS Excel, Word, and PowerPoint
- Excellent time management skills with the ability to work independently and prioritize assigned projects.
- Strong ability to adapt to diverse groups and departments to facilitate collaboration.
- Demonstrated initiative with commitment and ability to work under pressure and meet tight deadlines.
- Ability to work with Senior Management
- Open to all graduation years.
About Us Worthington Enterprises (NYSE: WOR) is a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives. Worthington Enterprises operates with three segments: Building Products, Consumer Products and Sustainable Energy Solutions. Worthington's emphasis on innovation and transformation extends to building products including water systems, heating and cooling solutions, architectural and acoustical grid ceilings and metal framing and accessories, and consumer products in tools, outdoor living and celebrations categories sold under brand names Coleman®, Bernzomatic®, Balloon Time®, Level5 Tools®, Mag Torch®, Well-X-Trol®, General®, Garden-Weasel®, Pactool International®, HALO and Hawkeye™. Worthington Enterprises also serves the growing global hydrogen ecosystem through on-board fueling systems and gas containment solutions. Founded in 1955 as Worthington Industries, Worthington Enterprises follows a people-first Philosophy with earning money for its shareholders as its first corporate goal. Headquartered in Columbus, Ohio, Worthington Enterprises employs approximately 5,000 people throughout North America and Europe.