Accounting Intern

Frankenmuth Insurance Company•Frankenmuth, MI

About The Position

Frankenmuth Insurance is seeking a motivated individual to join our Accounting team for a year-round internship opportunity. As an intern at Frankenmuth Insurance, you will have a chance to gain hands-on experience assisting the Accounting team on a variety of projects. Primarily you will have the opportunity to assist with state filings and other month-end statutory accounting support. This role will involve collaborating with cross-functional teams, to address compliance needs and support the company’s commitment to maintaining accurate, transparent, and compliant business practices.

Requirements

Students should be currently enrolled and entering their sophomore-senior year in college
Ability to organize data, manage multiple tasks and make decisions independently
Able to communicate effectively
Ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.

Nice To Haves

Preferred major is Accounting

Responsibilities

Prepare, compile, and sort documents and data substantiating business transactions, such as invoices, cash, checks, account statements, cost reports, revenue and balance sheets.
Verify, code, and post details of business transactions, such as funds received and disbursed; total accounts to ledgers or computer spreadsheets and databases; audit invoices against purchase orders, research discrepancies, approve for payment.
Assist in developing month-end and annual accounting cycles.
Reconcile bank statements and general ledger accounts with various registers; report/reconcile any discrepancies and problems.
Monitor accounts payable and receivable to ensure that payments are up-to-date.
Review, balance, and interpret computer reports, and make necessary corrections.
Promptly assist employees, vendors, clients, or customers by answering questions related to accounts, procedures, and services.
Perform other duties as assigned.
May perform in one or more of the following Accounting functions such as Reinsurance, Investments, Budget, and Accounts Payable & Receivable; responsibilities may include month-end and statutory accounting support.
Under direct supervision and following standard procedures, compute, classify, record, and verify numerical data for use in maintaining accounting records.