Intern, Accounting (Bank Reconciliations)

Job Description

Intern, Accounting (Bank Reconciliations) | LendingPoint™

The Tone:
This is an in-office Accounting Internship at LendingPoint. This role supports the Accounting team by providing hands-on experience in bank reconciliations and general accounting tasks within a professional environment. The intern will contribute to essential financial operations, internal control maintenance, and process improvement initiatives, supporting the overall goals of the organization.

The TL;DR
• Role: Internship
• Location: In-office
• Team: Reports to Senior Accountant/Controller within the Finance/Accounting Department.
• Mission: To support daily accounting operations, specifically bank reconciliations, and assist with month-end close activities, ensuring accuracy and efficiency of financial records.
• Tech Stack: Microsoft Excel, standard office software; preferred: ERP or general ledger system (e.g., NetSuite, Sage Intacct, Oracle), reconciliation software (e.g., ADRA)

What You’ll Actually Do
• Reconcile: Assist with daily collections and trust bank account reconciliations.
• Research: Monitor daily bank activity and cash balances, researching unidentified or exception cash items.
• Coordinate: Support communication with Treasury, Loan Servicing, and Operations teams regarding cash movements.
• Document: Prepare and maintain organized, audit-ready supporting documentation for cash postings and journal entries.
• Support: Aid in day-to-day bookkeeping activities and assist with month-end and year-end close processes, including process improvement initiatives.

The Must-Haves
• Background: Currently enrolled in a Bachelor’s degree program in Accounting, Finance, or a related field; entry-level career stage.
• Experience: No prior experience explicitly required; comfortable working across multiple bank accounts and a high volume of transactions.
• Skills: Proficiency in Microsoft Excel and standard office software; exceptional attention to detail, strong analytical skills, and effective communication.
• Bonus: Experience with an ERP or general ledger system (e.g., NetSuite, Sage Intacct, Oracle); experience with reconciliation software (e.g., ADRA).