Summer Intern 2027- Accounting - MFS

The Federal Reserve Board hires an accounting intern to support day-to-day accounting, travel, and accounts receivable operations. The intern assists with reconciliations, closing activities, cash administration, financial process improvement, and accounting research and reporting.

What you'll do:

• Preparing account analyses reconciliations of general ledger accounts which includes ensuring that the accounts are reconciled to detailed transaction data
• Research and resolve reconciling items
• Preparing journal entries
• Performs month-end and year-end closing duties and analyzes various receivable and suspense accounts
• Provides day-to-day administration of the Board’s cash and checking accounts
• Ensuring that adequate funds are available to meet the Board’s financial obligations
• Participates in projects designed to improve the Board’s financial management system and related processes and systems
• Performs ad hoc research and analysis as determined by business needs
• Monitors and reports on current and changing accounting and auditing topics

What they're looking for:

• Enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship
• Employment in the Board's internship program is granted to U.S. citizens
• A Proven ability to manage and coordinate administrative functions
• Strong analytical skills
• Proficient in using a variety of business and industry-specific applications
• Excellent written and verbal communications skills
• Dedicated to delivering exceptional customer service
• Detailed-oriented with strong editing/ Proofreading
• Understanding of fundamental business financial principles
• Proficient in Adobe Creative Suite applications
• Advance skills MS Office Suite
• U.S. Citizenship is required

Benefits:

• Relocation provided
• Interns are assigned a supervisor or mentor to guide them through their internship, with regular check-in meetings with their manager to manage performance expectations and assist with learning goals.
• Access to a wide range of training programs and events for professional development purposes.