Intern - Year Round (Technical Accounting)

Technical Accounting is a team within Corporate Accounting, along with the operational accounting, accounting policy, internal risk and controls, and financial reporting teams. We work together to create accurate financial reports. The Technical Accounting team focuses on accounting areas of higher judgment or estimation, including current expected credit loss, fair value estimates, investments, derivatives, and more, as well as producing data driven analytics to support these areas. In addition to our team’s review and analysis of financial statement line items and monthly close activities, we are focused on finding areas of improvement in existing processes and controls. 

We are looking for a driven individual with an understanding of GAAP and/or financial principles and terms who is ready for an immersive, real-world experience. The associate can expect to participate in the preparation of financial reports, analyze actual financial data, create analytics, learn more about our general ledger software, and assist with other accounting projects and activities. The intern will need to be a motivated team player who can maintain efficiency and accuracy when multitasking and should possess an understanding of accounting and financial principles and a positive attitude. The intern should also be collaborative, trustworthy, receptive to feedback, and eager to learn.

The year-round intern will assist with developing analytics, process improvements, and/or control enhancements related to our CECL reserves process and management reporting enhancements for various other high estimation accounting areas. The intern will work directly with executives though VP.

The year-round intern position will begin in May 2024. Students will work on impactful projects and meaningful work during their internship. To qualify for this position, applicants must be currently pursuing a degree from an accredited college or university and have an anticipated graduation date of May 2024 or later.

• Prepare executive financial reports by collecting, analyzing, and summarizing account information and trends.
• Assist with process improvements related to the CECL reserve accounting process or other Technical Accounting process areas.
• Support the Technical Accounting team in identifying and revising reporting requirements.
• Support the development, maintenance, and management of reporting, dashboards, data models, and analytical results.
• Identify trends and patterns in business data; create data visualizations to support business decision making.
• Handling sensitive or confidential information with honesty and integrity.
• Taking on additional tasks or projects to learn more about accounting, finance, and data analytics.

• Pursuing any of the following:
  • Bachelor’s, master’s or PhD in accounting/finance, or MBA candidates.
• Working knowledge of GAAP and/or financial principals and terms.
• Effective organizational skills and ability to respond to requests effectively and efficiently.
• Ability to translate business requirements into non-technical, lay terms.
• Strong verbal and written communication skills.
• High level of efficiency, accuracy, and responsibility.
• Motivation and a strong desire to take on new challenges and learn as much as possible.

You have goals, dreams, hobbies, and things you’re passionate about—what’s important to you is important to us. We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family, and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen. Don’t take our word for it:

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Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability