Accounting Intern

Job Description

Accounting Intern | Axos Bank

The Tone:
This is a 12-week summer internship program at Axos Bank, likely located in San Diego, CA. Axos Bank operates as a digital-first financial institution, delivering a comprehensive suite of financial tools and services designed for individuals, small businesses, and larger companies. This role is crucial as it offers an Accounting Intern the opportunity to gain hands-on experience, contribute to significant enterprise initiatives, and develop essential professional skills within a technology-driven financial environment. The intern will specifically acquire foundational knowledge and practical skills in accounting and financial reporting best practices, preparing them for a career in finance.

The TL;DR
• Role: Internship
• Type: Temporary
• Location: In-person San Diego, CA
• Pay: $20.00 hourly
• Mission: To acquire experience and a working knowledge of various accounting and financial reporting rules and best practices, analyzing guidance, managing priorities, and producing accurate work under time constraints.

What You’ll Actually Do
• Documentation Support: Gain exposure to Sarbanes–Oxley (“SOX”) documentation for accounting and other business units, learn best practices, and assist in maintaining and updating a documented system of accounting policies, procedures, and process documents.
• Month-End Processing: Prepare periodic, month-end, and quarter-end journal entries, execute the month-end close process, and perform month-end reconciliations for general ledger accounts and month-end roll-forward schedules.
• Financial Reporting Assistance: Gain exposure to and assist in the preparation of financial reporting schedules to U.S. GAAP standards to populate U.S. Securities and Exchange Commission (“SEC”) and Federal Regulator filings.
• Audit Preparation: Prepare support for independent public accounting auditors, federal regulators, and internal auditors.
• Efficiency Improvement: Improve efficiency through the implementation of reports that minimize manual reporting processes and manual reconciliations, organization, and coordination processes.

The Must-Haves
• Background: Entry-Level, suited for individuals seeking their first substantial accounting experience within a financial institution. Candidates should possess foundational knowledge of accounting principles and a strong interest in financial reporting rules and best practices. This internship is designed to build upon and deepen understanding in these core domains.
• Experience: No specific years of prior experience are required, as this program is focused on skill development and hands-on learning. The ideal candidate will demonstrate an aptitude for analyzing and interpreting accounting guidance, the ability to manage multiple priorities effectively, and a commitment to producing professional and accurate work. Experience in problem-solving within an academic or professional setting is beneficial.
• Skills: Strong analytical abilities for interpreting complex accounting guidance, effective problem-solving capabilities, excellent organizational skills to manage diverse tasks and deadlines, and a meticulous attention to detail to ensure accuracy in financial work. The ability to work efficiently and meet deadlines under time constraints is also key.