Accounting Intern

Job Description

Accounting Intern | Axos Bank

The Tone:
This is a 12-week full-time internship at Axos Bank, located in San Diego, CA, with onsite amenities and proximity to UTC for San Diego interns. Axos Bank is a digital-first financial institution offering comprehensive tools and services that empower individuals, small businesses, and larger companies to manage their finances effectively and conveniently. This Accounting Intern role is an integral part of an immersive program, designed to provide hands-on experience in accounting and financial reporting. It allows interns to contribute directly to enterprise initiatives and develop essential professional skills within a technology-driven financial environment.

The TL;DR
• Role: Internship
• Type: Seasonal
• Location: In-person San Diego, CA
• Pay: $20.00 – $23.00 hourly
• Team: Part of the Accounting department, supporting accounting operations tasks.
• Mission: To acquire experience and a working knowledge of various accounting and financial reporting rules and best practices.

What You’ll Actually Do
• Documentation: Gain exposure to Sarbanes–Oxley (“SOX”) documentation for accounting and other business units, learn best practice, and assist in maintaining and updating a documented system of accounting policies, procedures, and process documents.
• Financial Closing: Prepare periodic, month-end, and quarter-end journal entries, execute the month-end close process, and perform month-end reconciliations for general ledger accounts and month-end roll forward schedules.
• Reporting Support: Gain exposure to and assist in the preparation of financial reporting schedules to U.S. GAAP standards to populate U.S. Securities and Exchange Commission (“SEC”) and Federal Regulator filings.
• Audit Preparation: Prepare support for independent public accounting auditors, federal regulators, and internal auditors.
• Process Improvement: Improve efficiency through the implementation of reports that minimize manual reporting processes and manual reconciliations, organization, and coordination processes.

The Must-Haves
• Background: Entry-Level. Candidates should possess foundational knowledge in accounting and financial reporting, eager to acquire experience and a working understanding of industry rules and best practices.
• Experience: This role seeks individuals with a developing ability to analyze and interpret accounting guidance. Ideal candidates will demonstrate strong organizational skills, capable of managing multiple priorities effectively, and adept at problem-solving to navigate operational challenges. A commitment to producing professional and accurate work under time constraints is also essential.
• Skills:
1. Foundational understanding of accounting and financial reporting principles (e.g., U.S. GAAP).
2. Analytical ability to interpret accounting guidance and solve problems.
3. Organizational skills to manage multiple priorities and produce accurate work under deadlines.
4. Willingness to learn Sarbanes-Oxley (SOX) documentation and financial reporting schedules.