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2025 Accounting Summer Internship

FirstBank
United Statesfull_timeVerifiedPosted 15 Oct 2024
💰 $40,000/yr

About the role

Founded in 1963, FirstBank is Colorado's largest locally owned holding company and we are still growing, serving customers in Colorado, California, and Arizona. Our growth can be attributed to one simple philosophy: do right by customers, communities, and employees, which is at the center of the company’s “banking for good” mantra. FirstBank believes that diversity, equity, and inclusion are part of everything we do, both within and outside our company, and we take pride in hiring and training a diverse and talented group. We strive to not only maintain a diverse workforce, but also ensure our employee experience garners a sense of belonging, is inclusive and equitable. FirstBank believes that a company is nothing without the people that comprise it. By joining the FirstBank team you will experience our great team culture with ample opportunity for growth. There’s an opportunity for everyone with positions across the company, from Personal Banker and Call Center to Technology and Lending. Apply today to learn more and join the team!

A Brief Overview

FirstBank's Accounting Department is committed to participating in a Pre-Career Development Program by providing an Intern with the opportunity to gain valuable knowledge and experience in the accounting field. The Accounting Internship is an 8-10 week program for qualified college students seeking first-hand experience in corporate accounting. The overall design of the program allows an intern the opportunity to work side by side with career professionals in the areas of financial reporting, technical accounting, general ledger accounting, tax reporting, and regulatory reporting. In addition to gaining insights to real world accounting processes and policies, the intern will also have the opportunity to participate in department-wide projects, attend enterprise business meetings and gain exposures to general banking practices, data analytics and the ERP Systems. The senior management team (SMT) in the department is committed to the internship program and participating interns will have access to SMT for targeted career counseling. Throughout the program, interns will be given the opportunity to grow personally and professionally. Development of interpersonal skills, Microsoft office, and PeopleSoft Oracle Accounting Software are all integral parts of the program. The internship will allow for the application of knowledge and skills in real life professional situations. It is FirstBank's goal to provide a valuable and rewarding experience to our interns.

What you will do

  • Conducting daily flux analysis for consolidated financial statements
  • Assisting with month end close duties
  • Assisting with financial analysis for quarterly external audit effort
  • Providing assistance to the compilation of the consolidated cash flows
  • Participating in the implementation of the new accounting standard projects and other accounting pronouncements
  • Gaining exposure to research technical accounting issues
  • Gaining a high-level understanding of various regulatory requirements and reporting
  • Having exposure to quarterly tax payments and annual tax return
  • Gaining a general understanding of the structure of the general ledger
  • Processing manual journal entries
  • Participating in FirstBank sanctioned events such as Recruiter Engagement Day, Community Give Back Day, and Intern Social Outings

Minimum Requirements

  • Current college students seeking a business degree with a major in Accounting, who will have completed at least 90 credit hours of undergraduate studies at the start of the internship or graduate students pursuing a Master degree in Accountancy.
  • Must have a minimum 3.0 GPA.

Knowledge, Skills, and Abilities

  • Strong verbal and written communication skills
  • Strong logical and analytical problem-solving skills
  • Ability to manage multiple tasks concurrently
  • Ability to prioritize daily work with help from supervisor
  • Aptitude to learn quickly and work in a team environment


Working Conditions and Physical Requirements

  • Frequently remains stationary throughout a typical business day
  • Frequently operates a computer and other office machinery, such as a calculator, copy machine, and computer printer
  • Occasionally moves about inside the office to access file cabinets, office machinery, and other rooms
  • Occasionally positions self to access drawers and shelves of various heights
  • Frequently reaches for and handles paperwork and files
  • Constantly communicates with customers, coworkers, and management in-person and on the phone
  • Must be able to exchange accurate information



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Company

FirstBank

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