Accounting Intern

Job Description

Accounting Intern | Paylocity

The Tone:
This is an internship at Paylocity, an award-winning provider of cloud-based HR and payroll software solutions. Paylocity has become one of the fastest-growing HCM software providers worldwide by offering an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build a strong workplace culture. While traditional HR and payroll providers automate basic HR processes, Paylocity develops advanced tools that businesses need to compete for talent. This early careers position offers award-winning training and one-on-one coaching, allowing you to play a key role in Paylocity’s future and gain valuable skills to launch your career.

The TL;DR
• Role: Internship
• Pay: $25 hourly
• Team: Corporate Accounting, Tax, and Accounting Operations teams
• Mission: Support core accounting, tax, and operations functions to contribute to accurate financial reporting and internal controls.
• Tech Stack: MS Office, Excel, Word, Outlook, ERPs (e.g. NetSuite), Purchase-to-Pay tools (e.g. Coupa)

What You’ll Actually Do
• Team Support: Actively support members across the Corporate Accounting, Tax, and Accounting Operations teams, including Managers and Directors, to ensure smooth departmental functions.
• Month-End Contributions: Participate in month-end close procedures by preparing journal entries, conducting reconciliations, and performing ad hoc analyses for various accounts such as prepaid expenses, fixed assets, and revenue recognition.
• Audit Preparation: Assist in the interim and year-end audit processes by compiling and organizing crucial audit support documentation for Manager review and eventual submission.
• Internal Controls Assistance: Help maintain and enhance internal controls by updating process narratives and flowcharts, and contributing to special projects focused on process improvement.
• External Reporting Exposure: Provide support to the External Reporting team, gaining valuable exposure to the SEC public company reporting process and the development of key financial documents like the Form 10-K.

The Must-Haves
• Background: This role requires current enrollment in a college degree program, actively working toward a Bachelor’s degree, with an anticipated graduation date between December 2027 or Spring 2028. Candidates must possess a foundational understanding of US GAAP, core accounting principles, and the structure and purpose of financial statements.
• Experience: This is an entry-level internship position; while no specific years of prior experience are mandated, previous experience working in a professional office environment is considered a plus and is preferred.
• Skills: Essential skills include proficiency with Microsoft Office applications, specifically Excel, Word, and Outlook. Additionally, strong interpersonal communication, effective writing, and excellent organizational abilities are crucial for success in this role.
• Bonus: Preferred qualifications include an Accounting major, a strong academic performance with a GPA of 3.0/4.0 or higher, and experience with Enterprise Resource Planning (ERP) systems such as NetSuite, as well as Purchase-to-Pay tools like Coupa.