Finance & Accounting Intern

Knight Federal Solutions Inc•University, FL
•Onsite

About The Position

Knight Federal Solutions is seeking an ambitious, detail-oriented Finance & Accounting Intern to join its corporate accounting team in Orlando, Florida. The internship offers hands-on exposure to federal government contracting financial management, enterprise resource planning workflows, and regulatory compliance standards. The intern will work with finance leaders and project managers to support accounting operations, project costing, billing, general ledger reconciliations, and audit preparation. It is suited to an undergraduate or graduate student seeking practical experience in the defense contracting industry. The intern will support accounts payable and invoicing, timekeeping and labor distribution, ERP and financial systems, contract supply and material management, general ledger reconciliations and month-end close, and compliance and audit readiness. The role provides mentorship from GovCon finance and accounting leaders and practical experience with GovCon software and audit workflows. The schedule is flexible to accommodate university course loads.

Requirements

  • Currently enrolled in an accredited undergraduate program, preferably as a junior or senior, or in a graduate program in Accounting, Finance, Supply Chain Management, or a related business discipline.
  • Minimum cumulative GPA of 3.0 on a 4.0 scale.
  • Foundational understanding of Generally Accepted Accounting Principles (GAAP).
  • Strong working knowledge of Microsoft Excel, including VLOOKUP, SUMIFS, Pivot Tables, and logical formulas.
  • High integrity, discretion, and ability to handle confidential and proprietary business information responsibly.
  • Strong organizational skills and attention to detail.
  • Excellent verbal and written communication skills and ability to collaborate across distributed technical and administrative teams.
  • Ability to pass a standard corporate background investigation.

Nice To Haves

  • Familiarity with or strong interest in federal contracting cost principles and FAR Part 31 DCAA compliance.
  • Prior exposure to accounting ERP platforms such as Unanet, Deltek Costpoint, or QuickBooks.

Responsibilities

  • Review, code, and match vendor invoices and subcontractor payments against government delivery orders and subcontracts.
  • Support generation and reconciliation of client billings across Firm-Fixed-Price, Time & Materials, and Cost-Plus contract types.
  • Audit employee expense reports for compliance with Federal Travel Regulation and Joint Travel Regulations requirements.
  • Participate in weekly and semi-monthly floor checks and labor distribution reviews for DCAA timekeeping compliance.
  • Track direct and indirect labor hours across simulation, training, and cybersecurity programs.
  • Use Unanet for transaction entry, project work breakdown structure tracking, and general ledger posting.
  • Maintain vendor files, match purchase orders, and archive documentation in electronic accounting systems.
  • Track supply, hardware, and material requisitions supporting defense contracts.
  • Perform three-way matching of purchase orders, shipping and receiving manifests, and vendor invoices to verify material costs against contract line item numbers.
  • Support material tracking and documentation compliance for Contractor-Acquired Property and Government-Furnished Property under FAR Part 45.
  • Track supply delivery milestones, open commitments, and material burn rates against contract budgets and funding ceilings.
  • Help prepare monthly balance sheet account reconciliations, including cash, prepaid expenses, accrued liabilities, and inventory or material clearing accounts.
  • Shadow senior accountants during month-end close, checklist execution, and journal entry compilation.
  • Support tracking of Fringe, Overhead, and G&A indirect cost allocation pools.
  • Organize and cross-reference documentation for internal controls, DCAA compliance, and external financial audits.
  • Assist with ad-hoc financial reports, budget-versus-actual variance analyses, and contract backlog tracking for leadership reviews.

Benefits

  • Competitive hourly compensation.
  • Direct mentorship from experienced GovCon finance and accounting leaders.
  • Practical, resume-building experience with industry-standard GovCon software and audit workflows.
  • Flexible schedule tailored to accommodate university course loads.
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