Accounting Intern

The Lockwood Group · Stamford, Connecticut, USA

  • Internship

About the role

Role

This internship will be based in-office at our headquarters in Stamford, CT. The Accounting Intern will support the Accounting team with day-to-day accounting operations which could include Accounts Payable (AP) and/or Accounts Receivable (AR). This role is ideal for a student or early‑career professional looking to gain hands‑on experience in corporate accounting, financial processes, and internal controls.

Key Responsibilities

Accounts Payable (AP)

  • Process vendor invoices, ensuring accuracy, proper coding, and timely entry into the accounting system.
  • Assist with three‑way matching and resolve discrepancies with internal teams or vendors.
  • Prepare weekly AP aging reports and flag overdue items.
  • Support the preparation of payment runs (ACH, checks, wires).
  • Maintain vendor files, W-9 forms, and ensure compliance with company policies.

Accounts Receivable (AR)

  • Generate and send customer invoices based on contracts, sales orders, or billing schedules.
  • Record customer payments and reconcile AR transactions.
  • Monitor AR aging and assist with collections outreach (email/phone) in a professional manner.
  • Investigate and resolve payment discrepancies or short‑pays.
  • Support month‑end closing activities related to AR, including reconciliations and reporting.

General Accounting Support

  • Assist with month‑end journal entries and account reconciliations.
  • Help maintain organized digital and physical financial records.
  • Support audits by preparing documentation and schedules.
  • Participate in process improvement initiatives within the accounting department.

Qualifications

  • Currently pursuing a Bachelor's degree in Accounting, Finance, or related field.
  • Strong attention to detail and accuracy.
  • Solid understanding of basic accounting principles (debits/credits, accruals, etc.).
  • Proficiency in Microsoft Excel (VLOOKUP, pivot tables a plus).
  • Strong communication skills and willingness to ask questions.
  • Ability to handle confidential information with professionalism.

What You'll Gain

  • Hands‑on experience with real AP and/or AR processes.
  • Exposure to month‑end close and financial reporting.
  • Mentorship from experienced accounting professionals.
  • Opportunity to develop practical skills that translate directly into full‑time accounting roles.

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