What are the responsibilities and job description for the Accounting Internship - Summer 2025 position at Bank Iowa?
Description
What You'll be Doing
The Accounting Intern directly assists the Bank Iowa finance team with a wide variety of finance and accounting duties as well as projects requiring financial analysis.
Core Responsibilities
- Complete basic finance and accounting tasks including daily, weekly and monthly account reconciliations.
- Assist with budget variance analysis, variance research, data analysis and business analysis.
- Assist with basic transaction activity of Bank Iowa’s Securities portfolio.
- Create and post general ledger entries.
- Work regularly with mentor to help further develop finance knowledge and soft skills.
- Provide friendly, quality client service and treats internal and external clients with respect and dignity, either in person or on the phone.
- Collaborate with other members of the finance team as well as all levels of management in the bank.
General Responsibilities
- May have access to confidential information about accounts and clients. Protects the privacy and confidentiality of clients, other team members, and work.
- Performs other bank related duties as assigned by supervisor.
- Understands and complies with banking regulations by following bank policies and procedures. Stays abreast of relevant regulations, current industry matters, and any changes implemented internally to ensure compliance.
Requirements
Skills/Experience You'll Need
- Enrolled in a four-year or two-year college program with specific Finance & Accounting coursework or experience in the following areas:
- Basic Accounting Principles
- Budgeting
- Financial forecasting
- Financial modeling
- Present and future value concepts
Additional Qualifications Include:
- Ability to exhibit our values; Think Big, Be People-Centered, Enable Great Things, and Bring your Best.
- Strong communication and interpersonal skills.
- Experience with Microsoft Word, PowerPoint, Excel and SharePoint.
- Demonstrated research and problem-solving skills
- Proven organization skills with exceptional attention to detail.
- Works well in a team environment.
Hours of Work & Travel
- Temporary Employment/Seasonal Employment in Summer 2025
- Generally, within Monday through Friday 8:00 AM to 5:00 PM.
- No travel required
Our People-Centered Culture
At Bank Iowa our purpose is to Empower People, Inspire Success and Foster Growth. Bank Iowa is one of the leading independent Ag banks and the second-largest family-owned bank in the state of Iowa. Our bank family consists of team members and clients throughout Iowa who we serve in our 22 communities.
At Bank Iowa, we’re proud to put people first, and we value our team members as much as our clients. We support team member development by focusing on their innate talents and developing those into areas of strength. We offer an environment where people care about each other like family. If you’re looking for a career with colleagues who have the opportunity to bring their best, think big, and enable great things, Bank Iowa is the place for you.
Bank Iowa is an equal opportunity employer with a passion for creating an inclusive environment where all people are truly welcomed, valued and respected – for all of who they are – regardless of differences. All applicants will be considered for employment without regard to age, race, color, sex, pregnancy, sexual orientation, gender identity, military service, national origin, religion, physical or mental disability, genetic information, or any other classifications protected by applicable federal, state or local laws.
