Intern, Accounting (Bank Reconciliations)

Job Description

Intern, Accounting (Bank Reconciliations) | LendingPoint

The Tone:
This is an internship at LendingPoint, a leading fintech balance sheet lender, located in Kennesaw, Georgia, with flexible options for remote, hybrid, or onsite work. LendingPoint is dedicated to redefining access to fair rates and empowering consumers to build financial momentum, supported by an award-winning leadership team holding intellectual patents for unique data modeling and credit scoring. This accounting internship provides practical, hands-on experience in a professional accounting environment, offering exposure to accounting operations, internal controls, and cross-functional processes while directly contributing to the organization’s overall financial goals.

The TL;DR
• Role: Internship
• Location: Hybrid – Kennesaw, GA
• Team: Finance/Accounting Department, reporting to a Senior Accountant/Controller.
• Mission: To provide essential support to the Accounting team by assisting with daily collections and trust bank reconciliations, researching cash exceptions, contributing to bookkeeping tasks, and supporting month-end close activities.
• Tech Stack: Microsoft Excel, standard office software; preferred experience with ERP/general ledger systems (NetSuite, Sage Intacct, Oracle) and reconciliation software (ADRA).

What You’ll Actually Do
• Reconcile: Assist actively with the daily reconciliations of collection and trust bank accounts, ensuring accuracy and timeliness of financial records.
• Monitor: Monitor daily bank activity and cash balances, diligently researching and identifying any unidentified, unapplied, or exception cash items for prompt resolution.
• Document: Prepare and meticulously maintain organized, accurate, and audit-ready supporting documentation for cash postings in collection accounts and for assigned journal entries.
• Support Close Processes: Assist with day-to-day bookkeeping activities and actively support month-end and year-end close processes, working within established deadlines to ensure timely financial reporting.
• Improve Processes: Contribute to identifying opportunities to enhance the efficiency, accuracy, and control environment of reconciliation processes, and support the documentation of accounting and desktop procedures.

The Must-Haves
• Background: Currently enrolled in a Bachelor’s degree program in Accounting, Finance, or a related field, demonstrating a foundational understanding of financial principles.
• Experience: Proficiency in Microsoft Excel and standard office software, coupled with comfort in managing tasks across multiple bank accounts and a high volume of transactions.
• Skills: Strong Attention to Detail to ensure accuracy and thoroughness in financial information; Analytical Skills to collect, review, and evaluate financial data; effective Problem Solving to identify and resolve discrepancies; Planning & Organization to manage assignments and meet deadlines; and clear Communication skills to interact professionally.
• Bonus: Preferred experience includes working with an an ERP or general ledger system (such as NetSuite, Sage Intacct, or Oracle) and familiarity with reconciliation software (e.g., ADRA).