What are the responsibilities and job description for the Accounting Intern position at Sprague?
*INTERNSHIP IS FOR SUMMER 2025 OUT OF OUR PORTSMOUTH, NH OFFICE*
Who Are We?
Sprague is passionate about delivering diverse products and programs that warm, power and move the world. We keep homes warm through Northeastern winters and hospitals cool through summer. We help small businesses focus on serving their communities, and our renewable fuels keep our country’s infrastructure running. From importing wind energy components to deploying leading-edge solar technology to help power terminal facilities, we are committed to continually evolving to meet our customers’ changing energy needs.
Our Culture
Sprague values innovation, safety, integrity, and people. We know that our people are what set us apart from our competition, and we work hard to make sure each employee across our 20 locations know how important they are to our organization. We recently surveyed our employees to ask them their favorite part of the job. Unanimously, they answered, "The people I work with." You are part of a team and a family at Sprague, and everyone works together to ensure both the success of the company and of the individual.
Do you like to get involved where you work? Is giving back important to you? Sprague has a range of committees to support varying initiatives (Sustainability, Charitable, Scholarship, FunForce, Innovation etc.). Sprague is a place that cares about its employees, its community, and about creating a place where people want to come to work every day.
Major Duties / Responsibilities:
- Review daily files and tickets to load usage data into the billing system. (Billing)
- Process and distribute customer invoices, ensuring timely and accurate delivery. (Billing)
- Manage daily wire and ACH payments to suppliers, along with approvals. (Accounts Payable)
- Control of invoices through Medius and confirm vendor banking details. (Accounts Payable)
- Monthly journal entries to ensure inventory is accurately represented in the financial record. (Oil Product Accounting)
- Pay all inventory-related invoices. Work with vendors, Risk, Traders and Schedulers to resolve discrepancies. (Oil Product Accounting)
- Record retail costs, inventory, and sales accruals for customer not billed at end of month. (Natural Gas Accounting)
- Run daily balancing files to ensure volumetric accuracy for natural gas pools and their corresponding costs/sales. (Natural Gas Accounting)
- File accurate and timely tax returns, facilitating audits and resolving discrepancies. (Tax)
- Maintain and update accurate tax rates in all reporting systems. (Tax)
- Prepare and review monthly financials, including balance sheet, income statement, and cash flow. (Financial Reporting)
- Prepare financial footnote disclosure and supporting schedules. (Financial Reporting)
Education / Experience / Skill Requirements:
- Currently pursuing a degree in Business, Finance, Accounting or related field.
- Strong attention to detail and organizational skills.
- Proficient in Microsoft Excel.
- Ability to work independently and as part of a team.
- Excellent communication and interpersonal skills
Who we are:
Sprague takes a collaborative, customer-centric approach to providing best-in-class energy products and related services throughout the Northeast. Founded in 1870, we pride ourselves on offering customers the expert solutions and high-quality service that help their businesses thrive in any market landscape.
Sprague is an EEO/AA employer. We strongly encourage minorities, females, Vets and individuals with disabilities to apply.
As a federal contractor we adhere to OFCCP employment regulations. Click here for OFCCP compliance information
