Accounting/Tax Intern – Form 5500 Compliance

Job Description

Tax Accounting Intern | IRA Financial

The Tone:
This is a full-time internship at IRA Financial, located in Sioux Falls, SD. IRA Financial supports its clients with essential Form 5500 tax reporting and compliance activities. This role is vital for providing hands-on experience within a regulated financial environment, directly assisting clients and contributing to accurate and timely financial submissions.

The TL;DR
• Role: Internship
• Type: Full-time
• Location: In-person, Sioux Falls, SD

• Team: Supports the finance team and collaborates with other departments.
• Mission: Assists with Form 5500 tax reporting and compliance activities, ensuring accurate and timely client submissions.
• Tech Stack: Microsoft Excel, Word, and other office software

What You’ll Actually Do
• Filing Preparation: Assist with the preparation and execution of Form 5500 filings and related compliance tasks.
• Client Interaction: Work directly with clients to gather required information and supporting documentation.
• Compliance Research: Research Form 5500 requirements, deadlines, and filing considerations as needed.
• Data Verification: Organize, review, and verify data for accuracy and completeness before submission.
• Record Keeping: Support the team in tracking filing progress and maintaining compliance records.

The Must-Haves
• Background: Entry-Level, currently pursuing a degree in Accounting, Finance, or a related field with a basic understanding of accounting principles and financial practices.
• Experience: Proficiency in Microsoft Excel, Word, and other office software.
• Skills: Strong attention to detail and organizational skills, excellent communication and interpersonal skills, ability to handle sensitive and confidential information with professionalism, strong analytical skills and a problem-solving mindset.