FAQs
What will be the primary responsibilities of the Finance Co-op in Accounts Payable for Fall 2024?
The primary responsibilities will include completing month-end close tasks related to closing the general ledger (GL), assisting with the annual financial statement audit, leading projects related to documentation, helping prepare external financial reporting documents, supporting internal controls documentation, and providing project management support on key initiatives.
What specific tasks will the Finance Co-op perform during the month-end close process?
The Finance Co-op will be responsible for tasks related to closing the general ledger, which may include reconciling accounts, preparing journal entries, and ensuring all financial data is accurately reported for the closing period.
Will the Finance Co-op be involved in any audits?
Yes, the Finance Co-op will assist with the annual financial statement audit, which may involve preparing necessary documentation and working with auditors to ensure compliance and accuracy.
What types of projects can the Finance Co-op expect to lead?
The Finance Co-op can expect to lead projects related to documentation, which may include enhancing existing financial documentation processes and ensuring all necessary internal controls are properly documented.
Will the Finance Co-op have opportunities to work on financial reporting documents?
Yes, the Finance Co-op will assist in the preparation of external financial reporting documents, contributing to the overall accuracy and reliability of the organization's financial reporting.
What skills or experiences would be beneficial for the Finance Co-op position?
Beneficial skills and experiences may include knowledge of accounting principles, familiarity with financial reporting processes, attention to detail, effective project management skills, and an understanding of internal controls.
Is this position part-time or full-time?
The Finance Co-op position is typically a full-time role specifically designed for the Fall 2024 co-op term.
What is the expected duration of the Finance Co-op position?
The duration of the Finance Co-op position will generally align with the Fall 2024 semester, which is typically a few months, depending on the academic calendar.
Are there any specific qualifications required for this position?
While the job description does not specify exact qualifications, candidates will usually be expected to be pursuing a degree in finance, accounting, or a related field, and any prior experience in finance or accounting roles would be advantageous.
Will the Finance Co-op work independently or as part of a team?
The Finance Co-op will likely work as part of a team, providing project management support and collaborating with colleagues on various financial tasks and projects.