Staff Accounting Intern

Job Description

“`html

Job Title: Staff Accounting Intern

Company: Lowes Foods

Overview

Lowes Foods is seeking a highly motivated and detail-oriented Staff Accounting Intern to join our dynamic corporate accounting team. This internship offers an exceptional opportunity to gain practical, hands-on experience within a real-world accounting environment.

You will play a crucial role in assisting the staff accounting team with core financial processes, including general journal entries, complex account reconciliations, and essential audit assistance. A significant aspect of this role will also involve supporting critical operations related to fuel invoicing, payment processing, and reconciliation. This position is designed to provide invaluable exposure to the day-to-day operations of a finance department, preparing you for future academic and professional success.

Key Responsibilities

Under the guidance of experienced accounting professionals, the Staff Accounting Intern will be responsible for a variety of entry-level accounting tasks, focusing on learning and contributing to daily operations. Responsibilities will include:

• Journal Entry Management: Accurately prepare and post weekly journal entries, contributing to the timely and accurate financial closing process.
• Daily Fuel Reconciliation & Payment: Perform daily reconciliation of fuel transactions, ensuring accuracy and facilitating timely payments to vendors.
• Weekly Reporting Tasks: Assist in the preparation and generation of various weekly financial reports, providing critical insights to management.
• Fixed Asset Analysis: Support the team with fixed asset analysis, including tracking, depreciation schedules, and related reconciliations.
• Audit Assistance: Aid in gathering documentation and preparing schedules to support internal and external audit requests.
• General Staff Accounting Support: Undertake additional accounting tasks and special projects as needed, fostering a comprehensive understanding of departmental operations.

Project Focus & Learning Opportunities

This internship provides a unique opportunity to contribute to a significant departmental initiative aimed at enhancing efficiency and technical capabilities:

• Power BI Migration Project: Actively participate in the migration of existing reconciliations and financial analysis from current platforms to Microsoft Power BI. This project will be instrumental in developing your technical skills in data visualization and business intelligence, while deepening your understanding of financial reconciliation and analysis in a modern context.
• Gain hands-on experience with real-world accounting processes, developing foundational skills crucial for any accounting or finance career.
• Enhance critical thinking and problem-solving abilities through practical application of accounting principles.

Qualifications

To be successful in this role, you should possess:

• Academic Standing: Currently pursuing a Bachelor’s degree in Accounting, enrolled as a Junior or Senior.
• Technical Proficiency: Demonstrable experience and proficiency with Microsoft Excel, Outlook, Word, and PowerPoint.
• Work Availability: Ability to commit to full-time hours during the internship period.
• Strong analytical skills, attention to detail, and excellent communication skills are highly valued.

“`