From day one, you will be an integral part of the team!Internships are 10 weeks long, and we pride ourselves on having one of the most diverse internship programs in the industry. As an intern, you will encounter real challenges, cultivate your curiosity, have client exposure, enjoy both personal and team accomplishments and have your initiative acknowledged along the way. You will collaborate and form relationships with colleagues and clients who represent diverse work, culture and resolution styles. We look for people who want to grow, support, think and produce!
Corporate Development (CD) is responsible for mergers, acquisitions, joint ventures, equity investments and divestitures at both the corporate and business unit level. Individual project assignments are based on business needs, as well as personal capabilities and development goals.
Corporate Development Associate Internship Position:
Manage, coordinate and execute M&A deals and processes.
Perform detailed financial analysis - develop comprehensive valuation and synergy models to calculate value of acquisition target and size of transaction.
Perform sensitivity analyzes to assess changes in the value of the acquisition target across a variety of scenarios (macro-economic and commercial variables).
Evaluate acquisition opportunities including review of target company's financial documents, customer contracts, commercial results, financing agreements, and industry reports.
Assist in preparation and presentation of investment recommendations to Cargill's Executive Team and Board of Directors.
Participate in financial and commercial negotiations with counterparties on behalf of Cargill as part of potential transactions.
Engage with Cargill’s businesses to manage transaction processes.
Support directors, managers and other Associates in a wide range of projects.
Provide mentorship and feedback to CD and other business team members.
What we provide:
Variety of transactions: work on cultivating and executing corporate development projects (including acquisitions, divestitures, joint-ventures and investments) across Cargill’s broad array of businesses in the Americas and globally. Over the last year, members of the CD team have been involved in Cargill’s equity investment in the Series A of a cell-based meat company (Aleph Farms), the divestiture of a $10 billion alternative asset manager (CarVal Investors), and the acquisition of a Colombian poultry company (Campollo), among other transactions.
A Global Experience: think about how to manage the risks and leverage the opportunities presented by the biggest global issues facing the world today – from food security, food safety, and sustainability to global trade flows and new technologies and business models.
Exposure to Senior Leadership: work directly and frequently alongside senior executives.
Strong General Management Foundation: In CD, you will have the opportunity to contribute to and lead project teams, hone advanced financial & corporate development knowledge and general management skills, and develop a network with colleagues from operations, finance, trading, and sales.
Internships are paid and are typically 10 weeks in duration.
Interns who demonstrate outstanding performance and a curiosity to learn more may be offered a full-time position for the following year (or an internship for dual degree candidates graduating after the summer of 2023).
Housing assistance and relocation reimbursement are available to interns who qualify
Day-to-day transportation to and from work is the responsibility of the intern.
As employees, interns receive access to volunteer and community outreach opportunities and paid time off for volunteer activities.
Throughout the internship, interns are encouraged to participate in events that will give exposure to leadership, provide development opportunities, and offer the ability to network with cross-functional interns across the U.S.
We promote a culture that celebrates diversity. This is a reflection of the clients we serve and generates an intellectually diverse set of employees. Business Resource Groups (BRGs) help us embrace our diversity, make our culture more inclusive and maximize our employees’ outstanding talents and perspectives to benefit our organization and employees.
Our U.S. Business Resource Groups include:
Asian Alliance Network
Cargill Young Professionals Network
Cargill Ability Network (iCAN)
Cargill Ebony Council
Group Responsible for Orienting and Welcoming (GROW)
Cargill Pride Network
Veterans & Military Support Network
Cargill Women’s Network
Pursuing an MBA or relevant Master’s degree with anticipated graduation date in 2023 or 2024.
Able to complete a 10 week internship in the summer (May/June- August 2022)
Ability to lead teams across a diverse set of backgrounds and work with teams across functions and businesses on transactions, including senior leadership (CXO level)
Strong valuation knowledge (particularly discounted cash flow) and strong understanding of financial and accounting principles
Ability to execute financial modeling efforts at a high level, including providing guidance to junior team members and ensuring consistent quality and accuracy of analysis
Work effectively with people at all levels in an organization and work collaboratively in a team environment
Ability to learn from and contribute to a high-performance team
Travel regionally up to 10% depending on COVID-19 related travel restrictions
Excellent verbal and written communication skills
Fluency in Spanish or Portuguese
Degree concentration in finance
Prior experience in transactions, including playing an integral part during the due diligence process
Previous work experience in an investment bank, private equity firm, boutique advisory, Big 4 or a multi-national corporation (corporate development or business development function)
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.