Jobs and Careers
TI

2025 Early Talent Internship: Corporate Accounting

TIAA
United Statesfull_timeVerifiedPosted 18 Nov 2024
💰 $54,800/yr($37,500/yr$54,800/yr)

About the role

Intern
The Intern gains experience and an overall feel for the company and the financial services industry by attending meetings, delivering presentations, exploring business-specific tasks, and working closely with cross-functional groups to better understand the organization. Over the 10-week summer internship program, this job participates in a robust training and onboarding program followed by an ongoing speaker series, lunch-and-learns, and cohort engagement activities. This job may have the opportunity to work in the follow business areas: Technology, Asset Management, Financial Analysis/Accounting, Audit, Risk and Compliance, Human Resources and Advice and Client Relationships.

Key Responsibilities and Duties
  • Performs clerical duties such as taking memos, organizing documents, maintaining files, photocopying, faxing, etc. as needed
  • Assists in preparing information and research materials, including Powerpoint presentations.
  • Takes notes during meetings and provides to team members.
  • Researches and gathers documentation as directed by colleagues.
  • Attends company functions, including trainings programs, speaker series, lunch-and-learns and social networking events that provide opportunities for career growth and personal development.
  • Shadows multiple office jobs and trains in a variety of tasks.
  • Gains experience and an overall feel for the company and the financial services industry
  • Minimum 3.0 GPA required
Educational Requirements
  • High School Preferred
Work Experience
  • No Experience Required
Physical Requirements
  • Physical Requirements: Sedentary Work

Career Level
2IC

Corporate Accounting

Position Summary

The 10-week 2024 summer internship program is designed to challenge students by providing opportunities to provide hand-on experiences, skills training and valuable professional networking to assist students with identifying and building on their career interests. This role gains experience and an overall feel for the company and the financial services industry by attending meetings, delivering presentations, exploring business-specific tasks, and working closely with cross-functional groups to better understand the TIAA Office of the Chief Finance Officer businesses.

The program includes a robust training and onboarding program followed by our ongoing speaker series, lunch-and-learns, and cohort engagement activities, as well as direct access to executive and senior leadership, mentors and previous interns.


Key Responsibilities And Duties

Accounting/Tax

You will work exclusively within one of the following accounting functions during your internship: Regulatory Reporting, Controllership Governance, Investment Accounting and Reporting, TIAA/TC Life/Nuveen Accounting, Accounting Operations, Fund Administration, Financial Planning & Analysis or Corporate Tax. Through these diverse experiences, you will get an understanding of the various dimensions of TIAA accounting operations such as Statutory Reporting, Internal Controls over Financial Reporting, Accounting Policy, Corporate Expenses, Corporate Tax, Financial Reporting Systems, Corporate Accounting and Financial Performance Management:

  • Applies knowledge of US GAAP and Statutory accounting principles in the performance of operational tasks, e.g., processing journal entries that are the corporate records of the company.
  • Perform regulatory reporting processes for various legal entities within TIAA.
  • Applies financial acumen to resolve a wide-range of issues.
  • Applies technical knowledge to complete assignments.
  • Interfaces with other areas of the company that prepare and process accounting entries.
  • Prepares account reconciliations and processes transactions to maintain the accuracy of the general ledger.
  • Participates in various special projects and assist in developing solutions
  • Desire to sit for CPA exam

DESIRED SKILLS (Preferred Not Required)

  • Minimum Overall GPA of 3.0 or better
  • Currently pursuing a Bachelor’s in related fields including Accounting, Business Administration or similar degree programs
  • Internship experience is a plus
  • Excellent communication, presentation, problem solving/analytical skills
  • Proven ability to prioritize tasks and deliver on commitments
  • Previous internship or work experience a plus
  • Demonstrated interest within the investment management industry is preferred
  • Independent and original thinker
  • Self-discipline and self-motivation
  • Strong level of integr

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Company

TIAA

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