Financial Accounting Interns

State FarmBloomington, IL
Internship

25 days ago

Description

Job Title

2024 Summer Internship - Accounting Intern in Financial Operations

Job Location

Bloomington, Illinois; Dunwoody, Georgia; Richardson, Texas; Tempe, Arizona

Job Overview

  • Fortune 50 company in the insurance and financial services industry
  • Embraces diversity and inclusion
  • Competitive benefits and pay
  • Opportunity to participate in volunteer events and engage in a learning culture
  • Programs for tuition reimbursement, professional designations, employee development, and wellness initiatives

Compensation

  • Hourly Rate: $28.00/hour based on a 38.75-hour work week
  • Hybrid work environment (in-office and work from home)
  • Selected interns eligible for a $2,000 stipend

Responsibilities

  • Join the State Farm intern team for real-world experience in finance, financial planning & analysis, and business analytics
  • Complete challenging work assignments to generate and influence business results
  • Participate in events to learn more about departments and the company's strategy
  • Interact with Executive leadership through mentoring relationships
  • Work topics in Accounting may include:
    • Financial statement preparation and analysis
    • Strategic reporting and financial forecasting
    • Tax filings and planning
    • Compensation and expense processing
    • Financial controls
    • Investment accounting
    • Enterprise planning and budget analysis
    • Cost benefit analysis
    • Competitor and industry trend analysis
    • Risk management/compliance
  • Duties and Responsibilities may include:
    • Research and analysis of financial information
    • Communication of financial information via reports and presentations
    • Reviewing effectiveness and efficiency of financial, operational, risk management, and compliance control systems
    • Interpretation of and compliance with external reporting requirements
    • Compile, prepare, and interpret forecasts, financial statements, and reports

Requirements

Preferred Qualifications:

  • Minimum GPA of 3.5 out of 4.0 (overall and in major)
  • Pursuing degree in Accounting
  • Must be enrolled in school through the completion of the internship
  • Proficient in Microsoft Excel and PowerPoint
  • Written and verbal communication skills
  • Teamwork
  • Critical thinking and analytical problem solving
  • Initiative and curious mindset

We're excited for you to apply!

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INSIGHTS

Understand more about this internship and other internships like this

Career Paths

People who completed this type of internship end up in the following types of jobs

Top majors

That get hired for this type of internship

  • Accounting56%

  • Business Administration Management And Operations13%

  • Economics5%

  • Finance5%

  • Business Commerce5%

  • 221 other majors14%

People who did this kind of internship end up at the following companies

  • PwC
  • Ernst & Young
  • Deloitte
  • KPMG
  • McGladrey
  • Mcgladrey
Estimated Monthly Living Expenses

For Bloomington, IL | $2,760/mo

  • Housing/Rent$935

  • Miscellaneous$870

  • Food$445

  • Utilities$274

  • Transportation$236

GETTING THIS POSITION

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DID YOU KNOW:

Recruiters spend an average of six seconds on each resume?

FREQUENTLY ASKED IN INTERVIEWS

Why do you want to work here?

Employers want to see that you’ve done your homework and are excited about the company. 

Other essential interview questions:

  • Why are you pursuing a career in accounting?
  • How do you manage your time throughout the workday?
  • Tell me about a time when you had to be flexible in the workplace.
  • What would you do if a client asked you to create an expense record for which there was no supporting documentation?
  • Tell me about a time when you worked with peers to achieve a fantastic result. What was your role?
  • How do you prefer to communicate with those around you in the workplace?
  • Tell me about a time that you provided exceptional customer service to a client.
  • When performing routine data entry, how do you guard against making mistakes?
  • What accounting skills/certifications do you have?
  • What do you do when you don’t immediately know the solution to a problem?

Learn more

You're ready for this

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