Financial Accounting Intern Jobs in Normal, IL (NOW HIRING)

Where you will work: This position offers a hybrid work option up to 50% remote and is based out of the Mankato, MN; Bloomington, IL; Prairie du Sac, WI; or Lakeville, MN office locations.
The contributions you will make: This position is responsible for completing, preparing, balancing and reconciling general ledger accounts and journal entries impacted by client transactions. Provides mentorship and guidance to less experienced team members.

A typical day:

Accounting

• Completes daily accounting reconciliations/general ledger balancing in relation to loan accounting transactions.
• Processes and analyzes organizational fees.
• Creates and reviews accounting system entries using the appropriate general ledger accounts, procedures and accounting principles, for routine and moderately complex transactions.
• Reviews and reconciles general ledger accounts to ensure monthly balances.

Financial Operations Support

• Provides technical support to team members and/or vendors regarding issues with general ledger, client transactions, subsidiary accounts and financial systems in accordance with department and company policies and procedures. Resolves issues in a timely manner.
• Monitors team inbox and answers questions via email or phone.
• Responds to and resolves moderately complex and complex issues and situations.
• Monitors team inbox and answers questions via email or phone.
• Assists in other general accounting functions and department mailings as needed.

Reporting

• Uses available information on accounting systems and may create processes and/or distribute various department and management reports used in ongoing decision-making.
• Assists in identifying the trends and/or interpreting report information.
• Creates various spreadsheets for data inputs, allocations, accruals, and calculations that impact the financial statements.

The skills and experience we prefer you have:

• Associate's degree in accounting, finance, business administration or related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
• Minimum of 5 years related work experience, preferably in the financial services industry.
• Advanced knowledge of federal and state (Illinois, Minnesota, and Wisconsin) laws, regulations and compliance requirements specific to the financial industry and Farm Credit.
• Advanced knowledge of basic accounting and/or finance principles.
• Advanced knowledge of IRS rules and guidelines.
• Strong listening, written and verbal communication skills, with ability to communicate at all levels of the organization.
• Skill in developing and maintaining interpersonal relationships.
• Strong problem solving, decision making and organizational skills.
• Strong computer skills, including MS Office applications and other related accounting and/or report writing software applications.
• Strong analytical skills with attention to detail.
• Flexible and adaptable to changing situations.
• Ability to remain objective in balancing business needs and risk.
• Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
• Valid driver's license.

How we will take care of you:

Our job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.