Accounting-Finance (Intern)

Food City (K-VA-T Food Stores Inc)•Abingdon, VA

9d•$16 - $18•Onsite

About The Position

At K-VA-T Food Stores, Inc., we are on a mission to “run the best store in town!” and we know our associates are our greatest asset. Kickstart your career with Food City with on-the-job experience through our Summer Internship Program! Food City Interns work on meaningful projects spanning all solutions and services throughout the company. Created for upcoming Junior and Senior college students, our full-time (40 hours/week), 12-week programs are designed to provide hands-on experience within your area of interest. As an Intern, you will join over 19,000 talented individuals across five states who are leaders, critical thinkers, accountable, innovative, flexible, and results-minded with the same goal – to better serve our communities. Location: 1 Food City Circle, Abingdon, VA (Corporate Departments) Housing options are available through partnership with Emory & Henry University in Emory, VA Description: We are seeking a detail-oriented and motivated intern to join our Finance and Accounting team, supporting key functions that drive strategic decision-making and operational efficiency at KVAT Food Stores, Inc. This internship offers a unique opportunity to gain hands-on experience in financial analysis, budgeting, and accounting processes within a dynamic retail organization. The intern will assist in monitoring performance indicators, analyzing financial trends, and identifying causes of variances across key metrics such as revenue, expenses, cost of sales, and capital expenditures. They will support the development and maintenance of financial models, contribute to forecasting and budgeting efforts, and help prepare reports and presentations for senior management. Through this work, the intern will gain exposure to tools and techniques used in financial planning and analysis, while learning how data-driven insights support executive decision-making. In addition to financial analysis, the intern will support accounting operations by reviewing invoices, completing ledger entries, and maintaining asset and liability reconciliations. They will assist in analyzing monthly expense accounts, preparing income statements, and filing returns for state and local authorities. The role also includes communicating payment statuses with vendors and helping ensure compliance with licensing and reporting requirements. Throughout the internship, the intern will be expected to maintain confidentiality, follow company policies, and contribute to team efforts. They will work closely with members of the accounting team, senior management, and other departments, gaining a comprehensive understanding of how finance and accounting functions integrate with broader business operations. This internship is ideal for students pursuing degrees in accounting, finance, economics, or business administration. Successful candidates will be analytical, organized, and eager to learn in a collaborative environment. The experience provides a strong foundation for future careers in corporate finance, accounting, or financial planning. In addition, interns are assigned a project and expected to complete a final presentation summarizing their work and share their insights with company leaders at the conclusion of the internship.

Requirements

Currently enrolled in a college or university as a Junior or Senior, majoring in Accounting, Finance, or a relevant field of study.
Recently graduated with an undergraduate degree in Accounting, Finance, or a relevant field of study.
Minimum 3.0 GPA, cumulative.
Strong communication, interpersonal, and time management skills.
Ability to preserve confidentiality of company information.
Ability to work with own initiative.

Nice To Haves

Previous experience in a professional work environment
Participation in leadership roles
Community involvement and volunteerism

Responsibilities

Assist in monitoring performance indicators.
Analyze financial trends and identify causes of variances across key metrics such as revenue, expenses, cost of sales, and capital expenditures.
Support the development and maintenance of financial models.
Contribute to forecasting and budgeting efforts.
Prepare reports and presentations for senior management.
Review invoices.
Complete ledger entries.
Maintain asset and liability reconciliations.
Analyze monthly expense accounts.
Prepare income statements.
File returns for state and local authorities.
Communicate payment statuses with vendors.
Ensure compliance with licensing and reporting requirements.
Maintain confidentiality and follow company policies.
Contribute to team efforts.
Complete a final presentation summarizing work and insights.