Candidate
Employer
Corporate Accounting Specialist – Accounting – Intern
Are you applying to the internship?
Job Description
Corporate Accounting Specialist – Accounting – Intern | Farm Credit Services of America
The Tone:
This is an internship at Farm Credit Services of America. The company, alongside AgCountry Farm Credit Services and Frontier Farm Credit, forms a collaborative of financial cooperatives across eight states, serving nearly 82,000 producers and agribusinesses. This large organization, with over 2600 employees, provides lending, risk management, and financial services to rural America. This role is crucial for maintaining accurate financial records, ensuring compliance with accounting principles and regulations, and reliably representing the financial position of these associations.
The TL;DR
• Role: Internship
• Type: Seasonal
• Location: In-person Omaha, NE
• Team: Corporate Accounting
• Mission: To support core general ledger functions and maintain accurate financial records, ensuring financial position and fiduciary responsibilities are clearly and reliably represented.
• Tech Stack: Farm Credit Foundations
What You’ll Actually Do
• General Ledger Operations: Assist with monthly and quarterly close activities, including processing journal entries, completing key validations, and conducting analytical reviews, while ensuring accurate processing, account classifications, and timely issue resolution.
• Subledger Maintenance: Support Accounting teammates in maintaining various subledgers and ensuring the accuracy of amortization schedules for items such as fixed assets, leases, and prepaid accounts.
• Payroll Accounting: Perform payroll and benefits accounting processes for the Associations by analyzing data files generated by Farm Credit Foundations to provide reasonable assurance that entries are accurate.
• Financial Reporting & Controls: Support the Financial Reporting team by assisting with documentation of monthly reconciliation processes and analysis of Call Report information, and aid the Internal Control over Financial Reporting (ICFR) team with control inquiries, process walkthroughs, and documentation of key financial controls.
• Ad-Hoc Projects: Collaborate with Leadership in completing special projects, ad-hoc reporting and analysis requests, and other tasks as assigned.
The Must-Haves
• Background: Currently pursuing a degree in Accounting, Business, Banking, Finance, or a related field with a minimum 3.0 GPA.
• Experience: Entry-level, available for a 12-week internship during the summer to gain hands-on experience supporting core general ledger functions.
• Skills: Effective written and verbal communication and interpersonal skills, with an ability to apply Generally Accepted Accounting Principles (GAAP), Farm Credit Administration (FCA) regulations, and IRS requirements.
