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🚀 Internship

General Accounting Intern - Seattle City Light

Logo of City of Seattle

City of Seattle

•

19d ago

🚀 Summer Internship

Seattle

⌛ Closed

AI generated summary

  • The candidate must be an undergraduate accounting student with a GPA of 2.5 or above, enrolled in an accredited program, and have a solid understanding of accounting principles. They should also have strong attention to detail, quick learning abilities, strong communication skills, and proficiency in Excel.
  • The General Accounting Intern at the City of Seattle's Seattle City Light will be responsible for maintaining current and well-documented account reconciliations, completing assigned journal entries and variance analysis within monthly closing schedules, documenting key processes and identifying efficiencies, assisting in creating annual reports and supporting schedules, and conducting accounting research for identified issues and transactions.
Applications are closed

Summer Internship

Accounting & Tax•Seattle

Description

  • The Accounting Intern will learn from hands-on experience with accounting processes, procedures, controls, documentation, accounting standards, research of emerging issues, financial reporting and analysis, and account reconciliations, as well as electric utility-specific guidelines and standards. From skills learned at City Light the student can gain a more concrete understanding of theoretical textbook knowledge by observing its practical application. This understanding can be applied to college assignments, as well as enabling the student to be well-prepared to study and sit for the CPA exam. Also, strong foundation in accounting skills will be gained that will be beneficial to student’s accounting career and possibly at City Light.

Learning Objectives Include:

  • Exposure to full-year accounting cycle.
  • Experience with annual external audit.
  • Gained familiarity with internal auditing including internal controls.
  • Exposure to both governmental and electric utility-specific accounting practices.
  • Will learn the processes involved in monthly, quarterly, and annual financial statement preparation and analysis.
  • Will work with multiple CPAs who can provide guidance on test preparation and certifications.
  • Participation in writing and updating of department policies and procedures.

Requirements

  • Accounting Students: Undergraduate Accounting students will need to maintain a GPA of 2.5 GPA or above throughout the internship.
  • Preferred Areas of Study
  • Enrolled in an accredited certificate, 2-year or 4-year program during their internship.
  • Enrolled in an academic program in Accounting, Finance or related field.
  • You will be successful if you have the following experience, skills, and abilities:
  • Be a junior or senior student at the start of the internship.
  • Solid basic understanding of accounting principles
  • Attention to details, quick learning, strong communication skills
  • Strong Excel skills

Education requirements

Currently Studying
Undergraduate

Area of Responsibilities

Accounting & Tax

Responsibilities

  • During this internship, the intern will be specifically responsible for:
  • Prepare assigned account reconciliations. Goal is to maintain account reconciliations current and well documented. Objective is for completion of account reconciliations 2 weeks after monthly closing.
  • Prepare assigned journal entries. Goal is to ensure assigned journal entries are completed and well documented. Objective is for completion within the monthly closing schedule.
  • Perform assigned variance analysis. Goal is to ensure assigned variance analysis are researched and well documented. Objective is to complete within a week after monthly closing and to assist in identifying issues and potential adjustments.
  • Perform assigned documentation of procedures. Goal is to document key processes and maintain current. Objective is to identify efficiencies in daily operations.
  • Assist in creation of annual report and supporting schedules.
  • Perform assigned accounting research for issues and transactions that are identified. Goal is to ensure accounting issues are identified and researched. Objective is to ensure Department accounting issues and related policies are well documented that ensures passing of audit scrutiny.

Application process

  • Resume
  • Cover letter explaining how your coursework, activities, and experience qualify you for this internship
  • Your unofficial transcript - including current coursework, next term registration (if available at the time of application), and cumulative GPA

Details

Work type

Full time

Work mode

office

Application deadline

Feb 13, 2024

Location

Seattle