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Summer Intern - Treasury Analyst

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WEX

22d ago

  • Internship
    Full-time
    Summer Internship
  • Accounting & Tax
    Banking & Finance
  • Midvale
  • Quick Apply

AI generated summary

  • You should be a junior/senior in Business, Finance, or Accounting, with Excel skills, understanding of banking operations, and problem-solving abilities. Detail-oriented work experience is ideal.
  • You will reconcile cash, assist with funding for settlements, monitor wire uploads, ensure accurate journal entries, and cross-train in treasury functions for backup.

Requirements

  • Junior or Senior year, working towards a bachelor’s degree in Business, Finance, or Accounting.
  • Basic understanding of computer systems and software such as Microsoft Office and Google Suite.
  • Working knowledge of Microsoft Excel and/or Google Sheets.
  • Understanding of banking operations.
  • Experience with treasury software helpful, but not required.
  • Problem solving skills specifically and ability to work independently.
  • Detailed in your work.
  • Ideally had course work in forecasting, accounting, reconciliation, journal entries.

Responsibilities

  • Help with the daily reconciliation of Domestic Cash in Reval.
  • Work closely with Domestic Treasury Analyst to ensure the daily funding requirements to cover both domestic and international MasterCard settlements, and gather other business outflow activity (i.e. Certificate of Deposit repayments, MasterCard fees, customer rebates, operating invoices to WEX Corporation, etc.).
  • Monitor the daily upload of WEX Capital wires to ensure that potential duplicates or OFACs are cleared.
  • Pull reporting in Reval to ensure that journal entries have been booked properly.
  • Cross-training for all treasury functions for backup and coverage purposes.

FAQs

What is the duration of the internship?

The internship runs for approximately 13 weeks, from the end of May to mid-August.

Is this internship paid?

Yes, the internship is paid.

What location is preferred for this role?

Ideally, candidates should be located in the Midvale, Utah area to work in a hybrid format at the WEX Bank office.

What are the educational requirements for this internship?

Candidates should be in their Junior or Senior year, working towards a bachelor’s degree in Business, Finance, or Accounting.

What skills are required for this position?

Required skills include basic understanding of Microsoft Office and Google Suite, working knowledge of Microsoft Excel and/or Google Sheets, problem-solving abilities, and attention to detail.

Are there any benefits associated with this internship?

Yes, WEX offers a comprehensive benefits package that includes health, dental, and vision insurances, retirement savings plan, paid time off, tuition reimbursement, and more.

Is prior experience with treasury software required?

No, experience with treasury software is helpful but not required.

What type of projects will interns be working on?

Interns will partner with team members on various projects that may include daily cash reconciliation, monitoring wires, and ensuring proper journal entries.

What opportunities may be available after the internship?

Interns who perform well may secure full-time positions or receive extended internship opportunities within the company after completing their initial program.

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WEX

Simplifying the business of running a business.

Technology
Industry
5001-10,000
Employees
1983
Founded Year

Mission & Purpose

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.