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Cost Accounting Intern Jobs in Indiana (NOW HIRING)

Cost Accounting Intern information

What is the difference between Cost Accounting Intern vs Cost Analyst?

AspectCost Accounting InternCost Analyst
Required CredentialsTypically pursuing or recent graduate in accounting, finance, or related fieldBachelor's degree in accounting, finance, or related; some roles prefer certifications like CPA or CMA
Work EnvironmentInternship setting, often in corporate finance or manufacturing companiesFull-time professional role in finance or accounting departments
Employer & Industry UsageUsed in companies offering internship programs, especially in manufacturing, retail, or logisticsCommon in industries requiring detailed cost analysis, such as manufacturing, construction, or consulting

The main difference between a Cost Accounting Intern and a Cost Analyst lies in experience and responsibilities. Interns are typically students gaining initial exposure, while Cost Analysts are full-time professionals responsible for detailed cost analysis, budgeting, and financial reporting. Internships serve as a stepping stone toward becoming a Cost Analyst in the industry.

What does a cost accounting intern do?

A Cost Accounting Intern assists the accounting team in analyzing and tracking the costs associated with producing goods or services. Their tasks often include gathering data on production expenses, helping with inventory valuation, and supporting the preparation of cost reports. Interns may also participate in budgeting, variance analysis, and process improvement projects. The role provides hands-on experience in applying accounting principles to real-world business operations, helping interns understand how organizations control and manage costs.

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

To thrive as a Cost Accounting Intern, you need a solid grounding in accounting principles, financial analysis, and coursework toward a degree in accounting, finance, or a related field. Familiarity with Microsoft Excel, ERP systems like SAP or Oracle, and accounting software is typically required. Attention to detail, analytical thinking, and effective communication are standout soft skills in this role. These skills ensure accurate cost tracking, support effective decision-making, and facilitate productive teamwork within finance departments.

What are some common challenges a cost accounting intern might face during their internship?

As a Cost Accounting Intern, you may encounter challenges such as interpreting complex financial data, learning to use specialized accounting software, and understanding the nuances of cost allocation across different departments or projects. You’ll also need to adapt to tight deadlines, maintain accuracy under pressure, and communicate your findings clearly to both finance and non-finance team members. However, these challenges offer valuable learning opportunities and help you build a strong foundation for a career in accounting or finance.

What are the most commonly searched types of Cost Accounting jobs in Indiana?

The most popular types of Cost Accounting jobs in Indiana are:

What cities in Indiana are hiring for Cost Accounting Intern jobs?

Cities in Indiana with the most Cost Accounting Intern job openings:

Infographic showing various Cost Accounting Intern job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 9% Part Time, and 4% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution.

Finance Intern-Spring 2027 (Indianapolis)

Turner Construction

Indianapolis, IN • On-site

$17 - $22.25/hr

Other

Re-posted 25 days ago


Turner Construction rating

7.5

Company rating: 7.5 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

26th of 80 rated construction


Job description

Position Description: Provide financial services support to profit centers. Duties may include any specific accounting functions including Accounts Receivable, Accounts Payable, General Ledger, Reconciliation, and Special Services.

Reports to: Accounting Manager, Operational Finance; Accountant, Operational Finance; or Senior Accountant, Operational Finance

Essential Duties & Responsibilities:

  • Assist accountant to ensure client contractual requirements are met in regard to billing and accounts receivables.
  • Process accounts payable for vendor invoices and ensure accounts are up to date for assigned projects.
  • Process accounts payable for subcontractor invoices, and work with accountant to ensure all applicable lien waivers are submitted and contracts and insurance requirements are in place.
  • Assist with completing monthly close process, ensuring all client bills and project costs are posted or accrued if work is in place and of material value.
  • Assist with all internal and external audit requests.
  • Facilitate data entry processes for project specific vendor invoices and prepare multi-project invoices for distribution to central financial center for input and posting.
  • Provide administrative duties as related to invoice processing (i.e. vendor setup and updates, sales and use tax reporting, collection and distribution of client tax exempt certificates).
  • Help prepare Turner owner applications for payment by assisting with compiling all supporting invoice backup.
  • Provide supervisor with periodic progress reports.
  • Relate and apply knowledge acquired in academic setting to company setting.
  • Adhere to company work hours, policies, procedures and rules governing professional staff behavior.
  • Maintain professional relationships with company employees, customers and so forth.
  • Prepare for and participate in conferences and other opportunities of learning afforded by company.
  • Other activities, duties, and responsibilities as assigned.

Qualifications:

  • Enrolled at 4-year college or university offering accredited and credentialed degree programs, recommended majors include and not limited to Accounting or Finance, with at least 1 year of education and basic knowledge of finance or equivalent combination of education, training and/or experience
  • Must be willing to work standard work week
  • Demonstrated interpersonal skills including student leadership, volunteerism, or other community involvement
  • Passionate and willing to learn about overall Turner Finance business strategy, culture and core values
  • Assume personal and professional responsibilities for actions and activities
  • Enthusiastic, proactive, and eager to tackle new projects and ideas, flexible, adaptable and with attention to detail
  • Able to work independently, with some oversight, and in team environment
  • Exceptional organizational skills with ability to document and manage accurate and timely information
  • Professional and clear verbal and written communication skills
  • Computer data entry, database and MS Office skills, intermediate to advanced MS Excel skills

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Performance of the required duties will require physical ability to climb permanent and temporary stairs, passenger use of construction personnel hoists, ability to climb ladders and negotiate work areas under construction. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. Performing this job requires use of hands to finger, handle, or feel objects, tools or controls, sit, talk and hear, stand, climb, balance, stoop, kneel, crouch, or crawl. Employee must occasionally lift and/or move heavy weight.

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee regularly works on-site at the construction work site where the employee is exposed to moving mechanical parts; high precarious places; fumes or airborne particles; outside weather conditions and risk of electrical shock. The noise in these work environments is usually moderate to very loud.

Interns are eligible to accrue sick/wellness time at a rate of 1 hour for every 30 hours worked, with usage available after 90 days of employment. Medical coverage may also be elected at the employee's full cost.

Turner is an Equal Opportunity Employer - race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or other characteristics protected by applicable law.


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About Turner Construction

Sourced by ZipRecruiter

Turner Construction, headquartered in New York, NY, US, is a recognized leader in the construction industry. It was established in 1902 and has since curved its niche as one of the most reputable construction firms. Turner Construction provides a broad range of services like general contracting, construction management, design-build, and consulting. Devoted to environment-friendly building practices, it is considered a pioneer in green building and sustainability efforts. Their top-tier projects include Madison Square Garden, Yankee Stadium, and the United Nations Secretariat Building in New York City. The company's mission is to deliver an exceptional product by relentless commitment to their core principles – teamwork, integrity, commitment, and community.

Industry

Construction

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1902