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Finance Intern Fall 2024
1 month ago
Job Type
Internship
Description
Our Mission: To decrease the number of uninsured residents, improve the quality of healthcare, and reduce health disparities through an innovative, competitive marketplace that empowers consumers to choose the health coverage that gives them the best value.
Our Vision: Provide Connecticut residents with access to the most equitable, simple and affordable health insurance products to foster healthier communities.
Position Summary:
The Finance intern will support a wide range of accounting and analytical activities relating to the general ledger and accounting system, as well as provide financial process information to a variety of departments in order to facilitate the efficient operation of the organization.
S/he will become knowledgeable in finance and accounting and be familiarized with the most dynamic and far-reaching healthcare transformation in decades. S/he will also learn how to work in a professional environment and have ample opportunity to network with department leaders and other professionals in an evolving healthcare industry.
This is a part-time, remote internship role that will run from mid-September 2024 through approximately January 2025. The ability to come into the office at least one time per month is preferred.
What You Will Learn:
- Month-end closeout process and general ledger account reconciliation.
- Financial statement and related report development, review and analysis.
- Development of internal controls sufficient to meet regulatory requirements such as Sarbanes-Oxley and compliance testing.
- Design and implementation of enterprise resource planning tool support.
- Finance and contract audit preparation and support.
- Procurement and accounts payable process improvement and support.
- Review and maintenance of Accounting policy and procedure manual.
- Presentation of information to the Senior Leader Team
- Assist with special projects such as annual report creation, annual carrier assessment process, RFP analyses, etc.
What We Require:
- Must be actively enrolled in an undergraduate program at an accredited University, with a major in Accounting or Finance. Junior or senior level, with current GPA of 3.0 or above.
- Has completed one or more core Accounting classes and or Accounting internships.
- Position will require a minimum of 10 hours and a maximum of 40 hours per week.
- Familiarity with the Affordable Care Act and the opportunities it presents for consumers in Connecticut is a plus.
- Well-rounded knowledge of financial statements and financial statement preparation.
- Excellent written and verbal communication skills, in a professional environment.
- Knowledge of generally accepted accounting principles (GAAP) and or government accounting standards board (GASB).
- Develop proficiency in use of available resources (e.g. financial manuals, GASB guidance etc.).
- Proficient in Microsoft Office applications (specifically Excel and PowerPoint).
- Experience with NetSuite, a plus.
- Organized, with an ability to prioritize time-sensitive assignments.
Physical Demands: the physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to sit, hear, use hands to type data, and utilize a phone or other electronic communication devices. This employee may occasionally have to operate business machines. Specific vision abilities required in this job include close vision and the ability to adjust focus.
Work Environment: this is a remote role requiring occasional in-office time (preferably 1 time per month) in which the noise level in the work environment is usually low. Requires fast-paced deadlines and has a high stress at times. Requires no travel.
Salary Description
$18.00/hour
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