2027 Summer Internship Program - Accounting Intern

Federal Reserve Bank of Philadelphia•Atlanta, GA

About The Position

The Accounting Intern applies basic analytical and accounting knowledge to assignments within Financial Accounting, supporting routine matters and helping resolve accounting and financial issues. The intern reviews and processes transactions submitted by business areas, checks compliance with accounting policies and procedures, and communicates with departments about their transactions. The role also includes account reconciliations, maintaining control documentation such as flowcharts and narratives, and contributing input on accounting policy and procedure updates. The intern prepares and processes manual General Ledger journal entries; assists with financial accounting projects; participates in testing and implementing new applications; compiles data for management reviews; and supports audit and operational reporting. The internship is paid and requires a 40-hour work week for 10–12 weeks during the summer. Summer housing is not provided. The position is temporary and categorized as an internship.

Requirements

Currently enrolled in an accredited college or university in a bachelor's or graduate degree program for the duration of the internship.
Cumulative GPA above 3.0 in an academically rigorous curriculum.
Commitment to work 40 hours per week for 10–12 weeks during the summer.
Knowledge of accounting software modules.
Proficiency in Microsoft Office Suite.
Excellent verbal and written communication skills.
Strong analytical skills.
Ability to work independently and take ownership of projects.
Strong work ethic and attention to detail.
Comfort working across time zones to complete projects in a timely manner.
Currently authorized to work in the United States without requiring visa sponsorship now or in the future.
Satisfactory completion of required background screening, including at minimum fingerprinting, criminal background check, and education and employment verification.

Nice To Haves

Preferred knowledge of PowerApps/BI and Workday.
Preferred majors: Accounting, Finance, or Business.

Responsibilities

Review and process transactions from business areas, ensuring compliance with accounting policies and procedures.
Communicate with departments regarding submitted transactions.
Perform unit tasks such as account reconciliations.
Maintain control documentation, including flowcharts and narratives.
Contribute input on updates to accounting policies and procedures.
Prepare and process manual journal entries to the General Ledger.
Assist with financial accounting projects.
Participate in testing and implementation of new applications.
Compile data for management reviews.
Support audit and operational reporting.