Finance & Accounting Intern
About The Position
The Finance & Accounting Intern gains practical, hands-on experience in municipal government finance and accounting, including the City's annual budget process, financial reporting, budget administration, and project accounting. The position provides exposure to how the City develops, enters, monitors, and maintains its annual operating budget. The intern works with the Finance and Accounting departments and assists with implementing and improving budgeting and project accounting in the Tyler/Munis financial management system. The internship is intended to provide meaningful professional development and practical exposure to municipal finance. Under the supervision of the Finance Director and Accounting Manager, the intern participates in actual projects, system testing, financial reporting, budget development activities, and accounting initiatives rather than only observing department operations. The position is primarily performed in an office environment within the City of Lebanon Finance Department. The intern works with confidential financial information and is expected to maintain professional standards, accuracy, and confidentiality.
Requirements
- Basic knowledge of accounting and/or financial concepts.
- Proficiency with Microsoft Office, particularly Excel.
- Strong organizational and analytical skills.
- Ability to learn financial software and apply training to practical situations.
- Strong attention to detail and accuracy.
- Ability to maintain confidentiality.
- Effective written and verbal communication skills.
- Ability to work independently and effectively with Finance Department staff.
- High school diploma or equivalent (G.E.D.).
- Currently enrolled in an accredited college or university program with at least 60 credit hours completed and a major in Finance, Accounting, or Business Administration, or recently completed such a program.
- A valid driver's license with a clear driving record; candidates without a valid Tennessee driver's license must acquire one within 30 days of hire.
Responsibilities
- Participate in a walkthrough of the City's annual budget process, from initial department requests through budget adoption and implementation.
- Learn the City's fiscal year, budget calendar, department budget requests, revenue projections, expenditures, capital requests, and final budget adoption.
- Complete applicable Tyler/Munis budgeting training courses and instructional videos, and use the test environment to learn the budgeting module and its functionality.
- Assist in determining how the adopted budget can be integrated into Tyler/Munis.
- Learn and assist with the budget workflow, including department submissions, review and approval processes, revisions, and final implementation.
- Assist Finance staff with testing budget processes and identifying opportunities to improve efficiency, accuracy, and consistency.
- Learn how appropriations are controlled and monitored during the fiscal year, and learn the budget amendment process and its approvals, system entry, and reporting.
- Assist with reviewing budget amendments and understanding their effects on departmental and fund-level budgets.
- Learn to generate, review, and interpret budget reports in Tyler/Munis, including identifying budgeted amounts, expenditures, encumbrances, available balances, and variances.
- Learn to generate and review Balance Sheet Reports and understand the City's assets, liabilities, fund balance/net position, and other balance sheet accounts.
- Work with Accountant II to gain practical experience in governmental accounting.
- Complete applicable Tyler/Munis project accounting training and learn the purpose, structure, and application of project accounting in the City's financial system.
- Assist Accountant II with implementing project accounting processes in Tyler/Munis.
- Assist with establishing and testing project accounting structures in the Tyler/Munis test environment.
- Assist with reviewing project-related financial activity for accuracy and completeness.
- Participate in developing and documenting project accounting procedures and workflows.
- Assist with testing project accounting reports and identifying issues or opportunities for improvement.
- Maintain confidentiality and professional standards when handling financial information.
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
High school or GED
