Accounting Intern (Finance)
POSITION PURPOSE
The Accounting Intern is responsible for supporting the BAC general accounting function through active involvement in month end-closing assignments, account reconciliations, monthly internal reporting, internal controls, and various projects assigned by the Finance organization. This position will be exposed to a variety of core accounting and finance activities across the width and breadth of the Americas Finance organization including Operational Finance, Controllers, Fixed Assets, Treasury, GL Accounting, AP/AR, FP&A, and Management reporting. Responsibilities will expose the Accounting Intern to all aspects of General Accounting at a large private company operating a premier ERP system (SAP) and receiving in-depth training on the use of Excel (and other Microsoft Office tools) for accounting-related tasks.
PRINCIPAL ACCOUNTABILITIES
- Support the GL Accounting team with month-end and quarter-end close requirements
- Perform various month-end closing duties: supporting manual journal entry processes, reconciling GL accounts, and preparation & distribution of various reports both within Finance and to internal customers
- Assist with internal SOX testing in the areas of Fixed Assets, Management Reporting, Revenue, and Procurement & Operations
- Improve and enhance existing reporting and accounting processes to reduce time requirements and/or improve accuracy of critical deliverables
- Support Fixed Asset accounting responsibilities, specifically fixed asset inventory review, project tracking, and closure & reconciliation of fixed asset projects
- Supporting BAC with external audit deliverables and requests and interacting with external auditors
- Assist in ad hoc process improvements and special projects as needed
PERFORMANCE INDICATORS
The Accounting Intern reports directly to the Accounting Manager. This role interacts with BAC's Americas and Global Finance teams as well as key internal partners across all functions and departments.
KNOWLEDGE & SKILLS
- Pursuing a Bachelor's or Master's Degree in Accounting
- Strong interest in accounting and finance concepts
- Demonstrated, solid mathematical skills
- Comfortable interacting with a variety of people within the organization
- Strong work ethic and dedication to completing assigned tasks
- Strong analytical skills
- Prior intern experience preferred, but not required
- Interest in corporate accounting and finance
BAC provides additional earnings in the form of overtime as applicable under law.
