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background trapezoid Union Adventist University Union Adventist University | Finding purpose. Unlocking potential.
Union Adventist University

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July 22, 2022

Taming the Amazon (financial disclosures)

Everybody knows Amazon, the trillion dollar website that can deliver your package in less than a day. But few understand it like Maurie Andino. A rising senior accounting and finance major, Andino is currently interning at Amazon’s Seattle headquarters. “I’m on the Statement of Cash Flows team,” explained Andino. “It’s a little bit daunting working with people who have this level of experience in the field. But my team is very supportive.”

Like all business majors at Union College, Andino is required to complete an internship to graduate. “I’m a testimony to the power of just applying for what you really want,” Andino said. “I didn’t have a personal connection, just a Google search. I didn’t think I’d get the job, but it never hurts to try.”

From online informational sessions to résumé screening, nothing seemed out of the ordinary from a usual internship application. But next was something that only big corporations do: aptitude and cultural tests. Amazon’s aptitude test is designed to sift out 50-80 percent of candidates. After a series of interviews, including two with senior managers, Andino was one of the few to receive an offer to join Amazon’s headquarters this summer. 

“Working for Amazon is a bit different from most other companies,” Andino said. “The difference starts with the number of digits on our balance sheets. Our team documents and reports everything Amazon does from delivering packages to streaming video to telehealth sessions. It’s easy to feel the importance of our work when it affects so many millions of customers and investors every day.”

The Cash Flow team at Amazon consists of six full-time employees plus Andino the intern. “We oversee and submit the statement of cash flows to the U.S. Securities and Exchange Commission,” he said. “What we submit is for the entire company, domestically and globally.” Most of the company’s accounting systems are fully automated, making compiling financial statements easy … in theory. Andino’s work at the beginning of the summer was focused on documenting the oddball transactions that the software isn’t coded for. Once the rules of those transactions are determined, they can be automated. The later part of the summer has been devoted to comparing 17 entities owned by Amazon to document the differences between their accounting systems.

Andino said, “I’ve been learning some hard skills like database queries, but the main thing I’ve learned, and I’m learning still, is that no matter how intimidating something might seem, if you approach it with energy and a willingness to learn, you can overcome whatever problem you have. And you can enjoy doing it.”

“Coming back to Union, the next time something seems impossible or too big for me to handle, I’ll have the confidence to teach myself and overcome it.”

By Gabriel Sanders, sophomore English major

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Finding Purpose.
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Union Adventist University, formerly Union College, is an accredited, Seventh-day Adventist institution of higher learning in Lincoln, Nebraska since 1891.

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News ...
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