Summer Internship Program – Operations Accounting

Job Description

Accounting Internship | Webber, a Ferrovial company

The Tone:
This is a full-time, temporary internship within the Operations Accounting team at Webber, a Ferrovial company. Webber, headquartered in Houston, Texas, is a prominent construction company specializing in heavy civil, waterworks, energy, and infrastructure management across the United States and Canada. As part of Ferrovial, a global leader in sustainable infrastructure known for solving complex problems and generating positive outcomes, Webber contributes to significant projects worldwide, including the development of the New Terminal One at JFK International Airport. This internship is designed to identify and cultivate new full-time talent, providing an immersive experience in the full cost accounting cycle and offering a foundational understanding of financial operations within the construction industry.

The TL;DR
• Role: Internship
• Type: Full-time but temporary
• Location: Not specified

• Team: High performing job cost accounting team
• Mission: Provide comprehensive experience in the full cost accounting cycle to develop future talent for full-time roles within the construction industry, focusing on critical financial operations.
• Tech Stack: MS Word, MS Excel, MS Outlook

What You’ll Actually Do
• Establish job budgets: Establish and enter project budgets into the accounting system.
• Process invoices and payments: Collect delivery tickets, verify purchase order pricing, and accurately process and enter invoices.
• Manage subcontractor compliance: Enter subcontractor payments while verifying their adherence to contractual terms.
• Oversee project accruals and inventory: Create and input material, trucking, and subcontractor accruals, and manage project inventory and related accruals.
• Analyze financial deviations: Compare budget data to actual entries and identify the reasons for deviations from both the budget and monthly/yearly revenue and gross profit forecasts.

The Must-Haves
• Background: Enrollment in a 4-year Accounting degree program is required.
• Experience: A high school diploma or general education degree (GED) is necessary. This role is an internship, and therefore no prior professional experience is specified as a prerequisite.
• Skills: Proficiency in MS Word, MS Excel, and MS Outlook; effective verbal and written communication in English; capability to perform calculations involving discounts, interest, commissions, proportions, percentages, area, circumference, and volume, along with basic algebra and geometry; a full understanding of Construction Math concepts.