Accounting intern supporting transaction entry, month-end journal entries, account reconciliations, monthly reporting, file maintenance, internal controls, workflow improvements, and revenue and lease accounting analysis under ASC 606 and ASC 842. The intern will assist with accounting and operations projects, learn daily accounting practices, and present internship outcomes to management.
Job Summary:
This position is in downtown Austin, Texas, in office, and will be an intern of the WhiteWater accounting department. Responsibilities include preparation of accounting transactions and month end close entries. Position will additionally assist in monthly reporting and accounting team projects.
Responsibilities:
- Enter accounting data into the ERP system
- Complete monthly journal entries and account reconciliations
- Maintain accounting files
- Learn about daily accounting tasks and activities; integrate accounting theory and practice
- Develop communication and interpersonal skills
- Assist the accounting department with development of procedures to improve workflow efficiency and maintaining internal controls
- Assist the operations department with interpreting new revenue contracts and determining the proper revenue recognition in accordance with ASC 606
- Assist in evaluating the appropriate accounting of term easements for leases in accordance with ASC 842
- Participate in any additional ad hoc / special projects as assigned by supervisor
- At the conclusion of the internship, prepare and deliver a presentation to management that highlights the skills and knowledge gained during the internship
Qualifications:
- Successful candidates must have completed at least four (4) semesters of college or university curriculum and be currently enrolled toward a degree in Finance or Accounting
- Minimum of 9 hours in accounting coursework
- Ability to apply strong diligence and multi-task
- Proficient in Microsoft Office Suite
- Excellent verbal and written communication skills
- Strong academic aptitude and well-developed analytical problem-solving skills
- Demonstrated success in completing team projects and working in a team environment
- Ability to work 15-20 hours per week or more
- Flexible on internship duration for local candidates
- Maintain regular attendance
This position is in office and you must be able to provide your own housing.
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