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Accounting Intern

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  • Internship
    Full-time
    Off-cycle Internship
  • Banking & Finance
  • Chicago

Requirements

  • Must be a recent graduate or working towards a Bachelor’s or Masters in Accounting or Finance
  • Working knowledge of Microsoft Excel, familiarity with SQL a plus
  • Experience with General Ledger software; Microsoft Dynamics, Great Plains a plus
  • Basic understanding of financial accounting statements, accounting principles, and GAAP
  • Exceptional analytic skills and the ability to understand the impact of an operation’s financial results
  • Effectively prioritize workload to meet deadlines and work objectives
  • Strong project management, planning, and organization skills, including the ability to handle multiple projects simultaneously in a fast paced environment
  • Excellent analytical, problem solving, and communication (verbal and written) skills
  • This is an on-site position and will require physical presence at our Chicago, Illinois office.

Responsibilities

  • Develop expertise in finance and accounting while deepening your understanding of how our business operates, generates revenue, and manages expenses.
  • Assist the accounts payable team through the entire payable cycle, including tracking incoming invoices, assisting with the approval process, and ensuring on-time payments are made to vendors.
  • Help monitor daily revenue, risk, and working capital movements
  • Assist with the preparation of the daily profit and loss reporting of the prior day trading activity
  • Assist with the monthly and year end accounting processes, including the annual audit process
  • Analyze specific balance sheet accounts in order to propose and record appropriate journal entries
  • Execute regular and ad-hoc accounting and finance projects
  • Assist with treasury management functions, including initiating cash movement requests, projecting cash and collateral requirements, optimizing cash allocation and credit usage, managing FX exposures, and analyzing potential investments on excess funds

FAQs

What will I be doing as an Accounting Intern?

As an Accounting Intern, you will partner with senior team members to assist with daily operations within the Accounting and Finance Departments. This role involves learning about and addressing various business aspects and projects related to accounting, tax, risk, and financial planning.

What skills are important for this Accounting Intern position?

The ideal candidate should possess strong communication and organizational skills and have a desire to learn and understand crucial accounting and finance functions within a global proprietary trading firm.

What kind of exposure can I expect in this internship?

You can expect great exposure to multiple business aspects and projects, allowing you to learn about different areas of accounting and finance, including tax, risk management, and financial planning.

Is this internship suitable for someone with limited accounting experience?

Yes, this internship is suitable for individuals who are eager to learn and understand accounting principles and functions, even if they have limited experience.

Will I be working independently or as part of a team?

As an Accounting Intern, you will primarily work as part of a team, collaborating with senior members to assist with various tasks and projects in the Accounting and Finance Departments.

What opportunities for learning and development will this internship provide?

This internship provides numerous opportunities to learn about the operations of a global proprietary trading firm, including in-depth exposure to accounting practices, financial planning, and tax-related activities. You will gain valuable insights that will enhance your understanding of the finance industry.

How can this internship benefit my career in finance?

This internship can be an excellent stepping stone for your career in finance, as it offers hands-on experience in a professional setting, exposure to key functions within the finance department, and the opportunity to network with experienced professionals in the field.

Are there any specific qualifications or requirements to apply for this internship?

While specific qualifications are not explicitly mentioned, a strong interest in accounting and finance, along with relevant academic background or coursework, would be beneficial for applicants to demonstrate their suitability for the internship.

Global proprietary trading firm

Finance
Industry
51-200
Employees
1980
Founded Year

Mission & Purpose

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm with offices in Chicago, Puerto Rico and Switzerland. We use next generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through generous stewardship of the wealth we create. TMG is a well established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.