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Accounting Intern

2 months ago

New York, United States VX Media Full time
Job DescriptionJob DescriptionSalary: $20 Hourly

Company Overview:

At VX Media LLC, we are dedicated to delivering exceptional digital marketing solutions that elevate brands and captivate audiences. With a strong focus on creativity, innovation, and excellence, we specialize in crafting compelling content and strategic campaigns for leading fashion and beauty brands. Our commitment to quality and professionalism sets us apart as a trusted partner in the industry.


Job Description: Accounting Intern

VX Media LLC has a position available for an Accounting Intern in New York. This internship offers a unique opportunity to gain hands-on experience in the accounting field, working 40 hours per week. The ideal candidate is detail-oriented, proactive, and eager to learn. This is a 3-month internship, with the possibility of transitioning to a full-time employment position upon successful completion.


Responsibilities:

  • Accounts Payable and Receivable:
    • Record and reconcile invoices for Accounts Payable.
    • Maintain unapproved AP, unbilled AP, and AP-related reports.
    • Prepare and manage invoices for Accounts Receivable.
    • Assist with employee expense reimbursement.
  • Financial Data Management:
    • Assist in financial data entry, analysis, and reporting.
    • Conduct general ledger account reconciliations, verify accuracy of data, and identify and correct errors.
    • Compile and record journal entries accurately, adhering to accounting standards and company guidelines.
    • Perform monthly bank reconciliations to ensure accuracy and completeness of financial data.
  • Month-End Close Process:
    • Aid in the month-end close process by preparing schedules and assisting with financial reporting.
  • Documentation and Compliance:
    • Gather, organize, analyze, and summarize documentation as needed.
    • Maintain accurate records and documentation in compliance with company policies and procedures.
  • Administrative Support:
    • Assist in office administrative jobs assigned.
    • Provide administrative support to the finance department as required.
  • Departmental Support:
    • Support day-to-day responsibilities in the accounting department.
    • Take ownership of assigned daily/weekly tasks.
    • Collaborate with cross-functional teams on special projects as needed.
  • Professional Development:
    • Attend trainings and speaking engagements led by company leaders across various departments.
  • Team Collaboration:
    • Work closely with the accounting team, assisting in day-to-day financial operations and contributing to strategic financial initiatives.

Additional Responsibilities:

  • Expense Management:
    • Track and reconcile bank transactions.
    • Assist with quarterly and annual tax filings.
  • Data Accuracy and Reporting:
    • Ensure data accuracy and integrity in all financial reports.
    • Prepare ad-hoc reports as required by management.

Qualifications

  • Education:
    • Currently pursuing or recently completed a degree in Accounting, Finance, or a related field.
    • Strong academic record, particularly in accounting and finance courses.
  • Technical Skills:
    • Proficiency in Microsoft Office Suite, especially Excel.
    • Basic understanding of accounting software and ERP systems (e.g., QuickBooks, SAP).
    • Familiarity with general accounting principles and financial reporting.
  • Analytical Skills:
    • Strong analytical and problem-solving skills.
    • Ability to analyze financial data and identify discrepancies.
  • Attention to Detail:
    • Meticulous attention to detail and accuracy in financial record-keeping.
    • Ability to maintain high standards of quality and precision in all work.
  • Communication Skills:
    • Excellent verbal and written communication skills.
    • Ability to effectively communicate financial information to non-financial stakeholders.
  • Organizational Skills:
    • Strong organizational and time management skills.
    • Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
  • Team Collaboration:
    • Ability to work collaboratively within a team and independently.
    • Willingness to support colleagues and contribute to a positive team environment.
  • Professionalism and Confidentiality:
    • High level of professionalism and integrity.
    • Commitment to maintaining confidentiality of sensitive financial information.
  • Adaptability and Initiative:
    • Ability to adapt to new challenges and learn quickly.
    • Proactive approach to problem-solving and willingness to take initiative.