An accounting intern is responsible for assisting an organization's accounting department, observing practical applications and processes, and performing accounting duties under the supervision of tenured accounting staff. Accounting interns support the accounting operations by preparing and organizing financial reports, helping with accounts reconciliation, researching financial and stock market trends, utilizing various accounting software, and managing feedback from their mentors. An accounting intern must be detail-oriented and a fast-learner, immediately adjusting to the company's culture and actively cooperating with the team to ensure a smooth flow of operations.

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Accountant Internship Responsibilities

Here are examples of responsibilities from real accountant internship resumes representing typical tasks they are likely to perform in their roles.

  • Develop and manage CRM system to identify cross sell and up sell opportunities.
  • Create RFP responses for IDHN's to achieve a more compliant, long term agreement.
  • Work with manage care, medical reimbursement and Medicaid issues/challenges.
  • Perform market research, creating a client PowerPoint presentation with competitive intelligence.
  • Leverage senior role to train and mentor associates with day-to-day performance.
  • Support sales team to deliver presentations, premise visits and RFP preparations.
  • Leverage extraordinary customer loyalty to capture $350K of top competitor's media clients.
  • Work on implementation of call coaching program focusing on account activity tracking in CRM.
  • Work in a team environment with two full-time CPA's to gather paperwork information for auditing.
  • Work as staff accountant after internship and prepare tax returns and assist CPA's on various engagements.
  • Perform accounting functions to comply with federal, state, GAAP and company policies, procedures, and regulations.
  • General ledger reconciliations accordance with GAAP.
  • Perform Medicare quarterly credit balance reporting.
  • Create and conduct PowerPoint presentations for the cotton purchase
  • Produce financial statements in QuickBooks and review financial statement with clients.

Accountant Internship Job Description

Perhaps the hardest question to answer when deciding on a career as an accountant internship is "should I become an accountant internship?" You might find this info to be helpful. When compared to other jobs, accountant internship careers are projected to have a growth rate described as "as fast as average" at 6% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more, is that the projected number of opportunities that are predicted to become available for a accountant internship by 2028 is 90,700.

Accountant interns average about $16.1 an hour, which makes the accountant internship annual salary $33,484. Additionally, accountant interns are known to earn anywhere from $24,000 to $45,000 a year. This means that the top-earning accountant interns make $116,000 more than the lowest earning ones.

As is the case with most jobs, it takes work to become an accountant internship. Sometimes people change their minds about their career after working in the profession. That's why we looked into some other professions that might help you find your next opportunity. These professions include an assistant account executive, certified public accountant, finance analyst/accountant, and senior staff accountant.

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Accountant Internship Skills and Personality Traits

We calculated that 9% of Accountant Interns are proficient in R, Account Management, and PowerPoint. They’re also known for soft skills such as Analytical skills, Communication skills, and Detail oriented.

We break down the percentage of Accountant Interns that have these skills listed on their resume here:

  • R, 9%

    Utilized tools such as Oracle, R, and Tableau and presented to senior management.

  • Account Management, 8%

    Supported integrated marketing campaigns by providing daily support to the account management team and ensuring organized and efficient delivery of projects.

  • PowerPoint, 8%

    Researched client competition Created competition analysis PowerPoint presentations Participated in weekly client meetings Served as company liaison for the Marketing Resource Center

  • Renewable Energy, 8%

    Attended 5 DTE Energy GreenCurrent events, signing up over 300 customers for voluntary home renewable energy programs.

  • Journal Entries, 5%

    Assisted general accounting department with daily operations, including entering journal entries, preparing payments and substantiations by auditing documents.

  • Payroll, 4%

    Assisted in the preparation and distribution of federal payroll certifications required by federally funded grants.

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Some of the skills we found on accountant internship resumes included "r," "account management," and "powerpoint." We have detailed the most important accountant internship responsibilities below.

  • Arguably the most important personality trait for an accountant internship to have happens to be analytical skills. An example from a resume said this about the skill, "accountants and auditors must be able to identify issues in documentation and suggest solutions" Additionally, other resumes have pointed out that accountant interns can use analytical skills to "performed analysis and reconciliation of accounts and preparation of financial reports, requires attention to detail and inter-department interaction. "
  • While it may not be the most important skill, we found that many accountant internship duties rely on communication skills. This example from a accountant internship explains why: "accountants and auditors must be able to listen carefully to facts and concerns from clients, managers, and others." This resume example is just one of many ways accountant interns are able to utilize communication skills: "drafted financial statements, annual financial reports, disclosure notes, and required communications. "
  • Accountant interns are also known for detail oriented, which can be critical when it comes to performing their duties. An example of why this skill is important is shown by this snippet that we found in a accountant internship resume: "accountants and auditors must pay attention to detail when compiling and examining documentation." We also found this resume example that details how this skill is put to the test: "prepared 25 detailed financial reports for upper management. "
  • A thorough review of lots of resumes revealed to us that "math skills" is important to completing accountant internship responsibilities. This resume example shows just one way accountant interns use this skill: "accountants and auditors must be able to analyze, compare, and interpret facts and figures, although complex math skills are not necessary." Here's an example of how this skill is used from a resume that represents typical accountant internship tasks: "recorded the detailed statistics from trading contracts and billings produced accounting and financial reports"
  • Another common skill for an accountant internship to be able to utilize is "organizational skills." Strong organizational skills are important for accountants and auditors, who often work with a range of financial documents for a variety of clients. An accountant internship demonstrated the need for this skill by putting this on their resume: "managed over 100 clients reconciliation for bank statements maintained various companies' organizational process, workflows policies and procedures"
  • See the full list of accountant internship skills.

    After discovering the most helpful skills, we moved onto what kind of education might be helpful in becoming an accountant internship. We found that 79.5% of accountant interns have graduated with a bachelor's degree and 8.6% of people in this position have earned their master's degrees. While most accountant interns have a college degree, you may find it's also true that generally it's possible to be successful in this career with only a high school degree. In fact, our research shows that one out of every nine accountant interns were not college graduates.

    Those accountant interns who do attend college, typically earn either a accounting degree or a business degree. Less commonly earned degrees for accountant interns include a marketing degree or a communication degree.

    Once you've obtained the level of education you're comfortable with, you might start applying to companies to become an accountant internship. We've found that most accountant internship resumes include experience from Novogradac, KSM, and Enterprise Holdings. Of recent, Novogradac had 19 positions open for accountant interns. Meanwhile, there are 7 job openings at KSM and 6 at Enterprise Holdings.

    If you're interested in companies where accountant interns make the most money, you'll want to apply for positions at Novogradac, Saatchi & Saatchi Advertising Worldwide Inc, and Intuitive Surgical. We found that at Novogradac, the average accountant internship salary is $45,782. Whereas at Saatchi & Saatchi Advertising Worldwide Inc, accountant interns earn roughly $45,128. And at Intuitive Surgical, they make an average salary of $44,282.

    View more details on accountant internship salaries across the United States.

    Some other companies you might be interested in as a accountant internship include Robert Half, Ernst & Young, and Deloitte. These three companies were found to hire the most accountant interns from the top 100 U.S. educational institutions.

    The three companies that hire the most prestigious accountant internships are:

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    What Assistant Account Executives Do

    An assistant account executive is responsible for managing customer accounts, under the supervision of an account executive. Assistant account executives develop processes and techniques to execute projects based on clients' specifications. They assist account executives with clients' presentations for project updates and status reports. They also manage client requests to increase brand awareness, including maximizing sales strategies and resources and advertising promotions within the budget goals. They must have excellent communication and critical-thinking skills, especially when managing the clients' expectations and marketing the clients' brands to all available platforms for customers' recognition.

    In this section, we compare the average accountant internship annual salary with that of an assistant account executive. Typically, assistant account executives earn a $16,569 higher salary than accountant interns earn annually.

    While their salaries may differ, one common ground between accountant interns and assistant account executives are a few of the skills required in each craft. In both careers, employees bring forth skills like account management, powerpoint, and journal entries.

    There are some key differences in responsibilities as well. For example, an accountant internship responsibilities require skills like "r," "renewable energy," "payroll," and "individual tax returns." Meanwhile a typical assistant account executive has skills in areas such as "customer service," "general ledger," "fact sheets," and "purchase orders." This difference in skills reveals how truly different these two careers really are.

    Assistant account executives receive the highest salaries in the professional industry coming in with an average yearly salary of $50,936. But accountant interns are paid more in the media industry with an average salary of $36,253.

    The education levels that assistant account executives earn is a bit different than that of accountant interns. In particular, assistant account executives are 1.3% less likely to graduate with a Master's Degree than an accountant internship. Additionally, they're 0.1% more likely to earn a Doctoral Degree.

    What Are The Duties Of a Certified Public Accountant?

    A certified public accountant (CPA) acts as an advisor to small businesses and chief financial officers to Fortune 500 companies. They typically work for both small and large public accounting firms. They offer advice on many issues, such as accounting and taxation. They aid businesses and individuals to plan and achieve their financial goals. There are several requirements to become a CPA, including having a degree in accounting, passing the CPA examination, and obtaining a CPA license to practice.

    Now we're going to look at the certified public accountant profession. On average, certified public accountants earn a $43,209 higher salary than accountant interns a year.

    While the salary may be different for these job positions, there is one similarity and that's a few of the skills needed to perform certain duties. We used info from lots of resumes to find that both accountant interns and certified public accountants are known to have skills such as "powerpoint," "journal entries," and "individual tax returns. "

    But both careers also use different skills, according to real accountant internship resumes. While accountant internship responsibilities can utilize skills like "r," "account management," "renewable energy," and "payroll," some certified public accountants use skills like "strong customer service," "customer service," "state tax returns," and "payroll tax returns."

    It's been discovered that certified public accountants earn higher salaries compared to accountant interns, but we wanted to find out where certified public accountants earned the most pay. The answer? The finance industry. The average salary in the industry is $92,755. Additionally, accountant interns earn the highest paychecks in the media with an average salary of $36,253.

    In general, certified public accountants study at similar levels of education than accountant interns. They're 3.3% more likely to obtain a Master's Degree while being 0.1% more likely to earn a Doctoral Degree.

    How a Finance Analyst/Accountant Compares

    In a company setting, a finance analyst/accountant is in charge of handling and monitoring financial activities, ensuring efficiency and accuracy. Their responsibilities revolve around preparing financial reports, performing audits and risk assessments, and identifying any errors and inconsistencies, resolving them promptly and efficiently. They also conduct research and analysis to identify new business opportunities, evaluate the existing procedures to determine its strengths and weaknesses, and recommend solutions to optimize operations for financial growth. Furthermore, as a finance analyst/accountant, it is essential to uphold the company's policies and regulations, including its vision and mission.

    The third profession we take a look at is finance analyst/accountant. On an average scale, these workers bring in higher salaries than accountant interns. In fact, they make a $29,491 higher salary per year.

    While looking through the resumes of several accountant interns and finance analyst/accountants we discovered that both professions have similar skills. These similarities include skills such as "payroll," "general ledger accounts," and "cpa," but they differ when it comes to other required skills.

    There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, an accountant internship is likely to be skilled in "r," "account management," "powerpoint," and "renewable energy," while a typical finance analyst/accountant is skilled in "reconciliations," "external auditors," "balance sheet accounts," and "accruals."

    Additionally, finance analyst/accountants earn a higher salary in the finance industry compared to other industries. In this industry, they receive an average salary of $78,897. Additionally, accountant interns earn an average salary of $36,253 in the media industry.

    Finance analyst/accountants are known to earn higher educational levels when compared to accountant interns. Additionally, they're 5.8% more likely to graduate with a Master's Degree, and 0.0% more likely to earn a Doctoral Degree.

    Description Of a Senior Staff Accountant

    A senior staff accountant is responsible for managing the accounting operations of the company's accounting department, reconciling accounts, and finalizing financial reports to discuss with the management. Senior staff accountants resolve account discrepancies, analyze the company's financial status, and verify financial transactions. They must have excellent analytical skills and extensive knowledge of the accounting principles to perform accounting duties that would minimize the financial risk of the company. A senior staff accountant provides strategic recommendations to prevent overspending and increase efficiency across all departments to drive more revenues and profits.

    The fourth career we look at typically earns higher pay than accountant interns. On average, senior staff accountants earn a difference of $31,535 higher per year.

    According to resumes from both accountant interns and senior staff accountants, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "individual tax returns," "general ledger accounts," and "cpa. "

    Each job requires different skills like "r," "account management," "powerpoint," and "renewable energy," which might show up on an accountant internship resume. Whereas senior staff accountant might include skills like "reconciliations," "balance sheet accounts," "external auditors," and "accruals."

    Now, let's take a closer look at the financials in each career. The professional industry tends to pay more for senior staff accountants with an average of $67,353. While the highest accountant internship annual salary comes from the media industry.

    The average resume of senior staff accountants showed that they earn similar levels of education to accountant interns. So much so that the likelihood of them earning a Master's Degree is 3.5% more. Additionally, they're more likely to earn a Doctoral Degree by 0.0%.