Audit Specialist

Job Description

Audit Specialist (Paid Internship) | UMB Bank

The Tone:
This is a paid internship at UMB Bank, a financial institution that emphasizes valuing its people, fostering a community of care among employees and within the wider community. The Audit Specialist role is crucial for supporting UMB’s alternative investment fund clients by handling the complex tasks of annual audit preparation. This work enables Fund Accountants to allocate their time more effectively to client needs, contributing significantly to UMB’s commitment to accuracy and client satisfaction.

The TL;DR
• Role: Internship
• Type: Seasonal
• Pay: $33786–$49698 yearly
• Team: Small Audit team, supporting alternative investment fund clients
• Mission: This person will handle all tasks related to the annual audit of the financial reporting process, allowing Fund Accountants to better support client needs.
• Tech Stack: Excel, UMB accounting systems

What You’ll Actually Do
• Data Compilation: Compile and summarize financial data using Excel and UMB accounting systems to produce client financial statements.
• Data Integrity: Reconcile and clean up data to ensure accuracy for the preparation of audited financial statements.
• Collaboration: Partner with the Fund Accounting team and other internal peers to ensure accuracy, completeness, and client satisfaction.

The Must-Haves
• Background: Entry-Level. Completed at least two years in an undergraduate program in a business-related field.
• Experience: No specific years of experience required; a desire to learn more in audit and accounting is essential.
• Skills: Strong communication and review capabilities.