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Accounting Intern Jobs in Rantoul, IL (NOW HIRING)

Accounting Assistant - NRES

Urbana, IL · On-site

$19.75 - $25.75/hr

Accounting/Financial Analysis/Procurement * Manage the creation and termination of CFOPs with University Accounting and Financial Reporting. * Coordinate the processing of gifts in collaboration with ...

Accountant

Champaign, IL · On-site

$67K - $84K/yr

This position currently supervises our Accounting Assistant position.ESSENTIAL DUTIES & RESPONSIBILITIES:Assists the CFO with organizing and directing the maintenance of the accounting system.

Accountant

Champaign, IL · On-site

$67K - $84K/yr

This position currently supervises our Accounting Assistant position. ESSENTIAL DUTIES & RESPONSIBILITIES: * Assists the CFO with organizing and directing the maintenance of the accounting system.

Accountant

Champaign, IL · On-site

$67K - $84K/yr

This position currently supervises our Accounting Assistant position. ESSENTIAL DUTIES & RESPONSIBILITIES: * Assists the CFO with organizing and directing the maintenance of the accounting system.

Accounting Intern information

See Rantoul, IL salary details

$9

$16

$22

How much do accounting intern jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for accounting intern in Rantoul, IL is $16.81, according to ZipRecruiter salary data. Most workers in this role earn between $14.28 and $18.08 per hour, depending on experience, location, and employer.

What is an accounting intern?

Accounting interns are students or recent graduates who work temporarily in accounting departments to gain practical experience in the field. They typically assist with tasks such as data entry, preparing financial reports, reconciling accounts, and supporting audits under the supervision of experienced accountants. The internship helps them apply theoretical knowledge from their studies to real-world business situations and develops essential skills for future careers in accounting.

What are the key skills and qualifications needed to thrive as an accounting intern?

To thrive as an Accounting Intern, you typically need a solid grasp of basic accounting principles, attention to detail, and progress toward a degree in accounting or finance. Familiarity with spreadsheets, accounting software like QuickBooks or SAP, and Microsoft Excel is often expected. Strong organizational skills, eagerness to learn, and effective communication help interns stand out in collaborative environments. These competencies are crucial for accurately supporting financial processes and gaining valuable experience in a professional accounting setting.

How to get an accounting internship?

Accounting internships enable you to gain practical experience working in an accounting office and do tasks like helping with tax preparation, financial report preparation, and auditing. Obtain an accounting internship by applying with an accounting firm. Most accounting firms will require that you are enrolled in an accredited college degree program during your internship. The hiring manager with the accounting firm may require an interview to ensure that you are a good fit for one of the available internships. Be sure to mention relevant qualifications in data entry, financial forecasting, or data analysis.

What is the difference between Accounting Intern vs Accounting Assistant?

AspectAccounting InternAccounting Assistant
Required CredentialsTypically pursuing or recent graduate in accounting or related fieldUsually holds an associate or bachelor’s degree in accounting or related field
Work EnvironmentTemporary, educational, often part-time or summer internshipFull-time or part-time administrative support role in accounting departments
Employer & Industry UsageUsed in educational settings, internships, and entry-level positionsCommon in corporate, small business, and accounting firms

In summary, an Accounting Intern is typically a student or recent graduate gaining practical experience, often in a temporary or part-time role. An Accounting Assistant is a more permanent position requiring some formal education, providing ongoing support within accounting departments.

How much do accounting interns earn?

Accounting interns typically earn between $12 and $20 per hour, depending on the location, company, and level of education. Internships often last for a few months during the summer or semester, and some may offer academic credit or stipends instead of hourly pay.

Which internship is best for accounting students?

The best internship for accounting students is one that offers hands-on experience in financial reporting, auditing, or tax preparation, often within accounting firms or corporate finance departments. Internships that utilize accounting software like QuickBooks or Excel and provide mentorship can enhance skills and improve job prospects after graduation.
What are the most commonly searched types of Accounting jobs in Rantoul, IL? The most popular types of Accounting jobs in Rantoul, IL are:
What cities near Rantoul, IL are hiring for Accounting Intern jobs? Cities near Rantoul, IL with the most Accounting Intern job openings:

Accounting Assistant - NRES

University of Illinois

Urbana, IL • On-site

$19.75 - $25.75/hr

Other

This job post has expired 1 day ago. Applications are no longer accepted.


Job description

Duties & Responsibilities
  • Accounting/Financial Analysis/Procurement
    • Manage the creation and termination of CFOPs with University Accounting and Financial Reporting.
    • Coordinate the processing of gifts in collaboration with the University of Illinois Foundation and the ACES Office of Advancement.
    • Oversee the financial activity within all Banner account statements, departmental account reconciliations and related accounting and financial reports for multiple funding sources including State, ICR, service, federal, grant/contract, and gift accounts to ensure accuracy and compliance with campus, college, and departmental policies and procedures.
    • Serve as an expert advisor to NRES end users on procurement, payment request procedures, special requests, accounting structures, and related University policies.
    • Approve and manage all purchasing and payable functions (iBuy, Emburse) including standing and departmental purchase orders. Evaluate these transactions for budget availability and appropriateness.
    • Advise end users about departmental contracts (facilities use, technical testing, and revenue generating agreements) and manage them using the Contracts+ system.
    • Create and monitor new activity service rates working with the campus Office of Government Costing and/or University Accounting and Financial Reporting.
    • Process invoicing through the General Accounts Receivable system in Banner for revenue-generating activities for both on-campus and off-campus customers.
    • Approve NRES appointment requests and process labor re-distributions in Banner.
    • Create special reports as requested by the department (examples: closeout summaries for State and federal fiscal year-end; specific College report requests).
    • Assist the Assistant Head, Business and Strategic Planning, in the evaluation, implementation, and operation of automated accounting systems including spreadsheets and/or databases. Serve as a training resource for these systems.
  • Sponsored Research Accounting
    Monitor grant termination dates to ensure accurate and timely closeout of funding per Sponsored Programs Administrations guidelines.
    Serve as a resource for project principal investigators for expenditure allowability based on the funding sponsor guidelines.
    Approve sub award invoices after reviewing them for compliance and funding availability.
    Provide requested reports for project principal investigators upon request such as expense forecasts, personnel expense projections, etc.
    Coordinate processing of subaward invoices working with the project principal investigator to ensure accuracy of invoice and budget availability.
    Serve as back-up for grant proposal submissions.
  • Records Retention
    • Manage the financial records filing system ensuring all records are maintained in accurate order and are easily accessible for review.
    • Outline and manage the retention of NRES financial records.
    • Manage the transfer and tracking of financial records to intermediate storage. Request and execute the disposal of financial records in accordance with University regulations.
  • Other duties as assigned.

University of Illinois logo

About University of Illinois

Sourced by ZipRecruiter

The University of Illinois, located in Urbana, Illinois, US, is a prominent entity in the higher education sector. Operating its official functions through its website uillinois.edu, the institution provides a range of educational programs and services. The University was founded in 1867 and has since grown dramatically both in size and reputation. Its core values are embodied in its mission to enhance the lives of its students and citizens in the state, nation, and world through leadership in learning, discovery, engagement, and economic development. The university boasts several notable achievements including producing Nobel laureates and Pulitzer prize winners. It is renowned for its research programs and is known for significant advancements across various fields including engineering, science, and humanities.

Industry

Colleges, universities, and professional schools

Company size

5,001 - 10,000 Employees

Headquarters location

Urbana, IL, US

Year founded

1974

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