Financial Controls Intern

Federal Home Loan Bank of Indianapolis•Indianapolis, IN
•Hybrid

About The Position

The Financial Controls Intern joins the Federal Home Loan Bank of Indianapolis for its 10-week paid 2027 Summer Internship Program, running from June to August. The intern contributes to the Financial Controls team, which supports the accuracy, integrity, and reliability of the Bank’s financial records and reporting, day-to-day accounting operations, financial reporting, internal controls, compliance with accounting standards, asset protection, and risk management. The internship provides hands-on experience, professional skill development, and networking opportunities. Interns participate in a cohort of 11 across multiple departments and take part in collaborative activities, including a group project, community service event, team-building activities, and professional development sessions. The intern must be located in Indianapolis for the program and follow a hybrid schedule of three days in the office and two days remote each week.

Requirements

  • Be actively enrolled in an undergraduate degree program.
  • Have completed at least sophomore year of undergraduate studies.
  • Major in Accounting and/or Finance.
  • Communicate effectively, both in writing and verbally.
  • Work well independently and in team settings.
  • Be detail-oriented, organized, and eager to solve problems.
  • Be located in Indianapolis during the internship.
  • Commit to a hybrid schedule of three days in office and two days remote each week.

Responsibilities

  • Contribute to the daily operations of the Financial Controls team.
  • Reconcile daily accounts to ensure accuracy and completeness.
  • Post daily journal entries in accordance with accounting standards.
  • Assist with the daily general ledger close process.
  • Support ongoing and ad hoc projects.
  • Participate in initiatives related to accounting, financial reporting, and internal controls over financial reporting.
  • Collaborate across teams and present analytical results effectively.
  • Contribute to meaningful projects aligned with the intern’s field of study.
  • Participate in team-building activities, a group project, a community service event, and professional development sessions.

Benefits

  • Paid 10-week internship.
  • Competitive hourly rate.
  • Professional development and networking opportunities.
  • Inclusive and collaborative work environment.
  • Hands-on technical experience and opportunities to develop professional skills.
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