2027 Summer Internship Program - Accounting Intern

Federal Reserve Bank of Minneapolis; Atlanta (GA); On-site; USD 25,000 - 39,000; Full time

Benefits offered by this job

Professional development opportunities

Networking

MARTA passes provided

Free LinkedIn Learning access

Free FedFuel career tool access

On-site café and dining options

Job summary

Federal Reserve Bank of Atlanta is offering a paid summer internship in the Financial Accounting function. You will apply basic accounting knowledge to support routine tasks, review transactions, and prepare journal entries to the General Ledger.

Applicants must be enrolled in a Bachelor’s or Graduate program with a 3.0+ GPA and commit to a 40-hour work week for 10–12 weeks during the summer. Collaboration across teams and exposure to policy updates are expected.

Qualifications

• Students must be currently enrolled at an accredited college or university in a Bachelor or Graduate degree program through the duration of the internship.
• Minimum cumulative GPA above 3.0 in academically rigorous curriculum.
• Must be committed to working a 40-hour work week for 10-12 weeks during the summer months.
• Knowledge of accounting software modules.
• Preferred knowledge of PowerApps/BI and Workday.

Responsibilities

• Apply basic analytical and accounting knowledge to complete assignments within the Financial Accounting functions, supporting routine matters and resolving accounting/financial issues.
• Review and process transactions from business areas, ensuring compliance with accounting policies and procedures, and communicate with departments regarding submitted transactions.
• Perform unit tasks such as account reconciliations, maintain control documentation (flowcharts, narratives), and contribute input on updates to accounting policies and procedures.
• Prepare and process manual journal entries to General Ledger.
• Assist with financial accounting projects, participate in testing and implementation of new applications, compile data for management reviews, and support audit and operational reporting.

Skills

Microsoft Office Suite

Excellent communication

Analytical skills

Time management

Independent work

Education

Bachelor or Graduate degree program

Tools

PowerApps/BI

Workday

Job description

Company

Federal Reserve Bank of Atlanta

OUR BANK

The Federal Reserve is the central bank of the United States and is one of the most influential, trusted, and prestigious financial organizations. It consists of twelve Reserve Banks located around the country and the Board of Governors in Washington, D.C. The Federal Reserve Bank of Atlanta territory covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and portions of Louisiana, Mississippi, and Tennessee. The Atlanta Fed and the other Reserve Banks play an important part in all three of the Fed's functions: monetary policy, bank supervision and regulation, and the operation of a nationwide payment system.

PLEASE READ

Internships are paid. Summer housing will not be provided.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).

SCOPE OF ASSIGNMENT

Apply basic analytical and accounting knowledge to complete assignments within the Financial Accounting functions, supporting routine matters and resolving accounting/financial issues.

Review and process transactions from business areas, ensuring compliance with accounting policies and procedures, and communicate with departments regarding submitted transactions.

Perform unit tasks such as account reconciliations, maintain control documentation (flowcharts, narratives), and contribute input on updates to accounting policies and procedures.

Prepare and process manual journal entries to General Ledger.

Assist with financial accounting projects, participate in testing and implementation of new applications, compile data for management reviews, and support audit and operational reporting.

QUALIFICATIONS

• Students must be currently enrolled at an accredited college or university in a Bachelor or Graduate degree program through the duration of the internship.
• Minimum cumulative GPA above 3.0 in academically rigorous curriculum.
• Must be committed to working a 40-hour work week for 10-12 weeks during the summer months.
• Knowledge of accounting software modules.
• Preferred knowledge of PowerApps/BI and Workday.

PREFERRED MAJORS

• Accounting
• Finance
• Business

CORE COMPETENCIES

• Proficient in Microsoft Office Suite
• Excellent communication skills (verbal and written)
• Strong analytical skills
• Ability to work independently and take ownership of projects
• Great work ethic and detail oriented
• Comfortable working across time zones to complete projects in a timely manner

OUR BENEFITS TO INTERNS (some benefits are subject to being onsite)

• Professional development opportunities
• Networking
• MARTA passes provided
• Free LinkedIn Learning access
• Free access to our FedFuel career development tool
• Café and dining options on-site
• Dress for your day
• Flexible hours
• Access to on-site fitness center

Additional Requirements

This position will require at minimum fingerprinting for a criminal background check, education and employment verification, along with potential additional screening requirements due to the information accessed while performing the job. Any offer of employment is contingent upon satisfactory results of any required background screening. These screenings would be initiated at the time of offer acceptance and can take up to approximately 8 weeks to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.

For Law Enforcement positions, physical, psychological, drug, stress/EKG, and attending an academy will be required.

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Federal Reserve Bank of Atlanta employees must comply with the Bank's ethics rules. These rules generally prohibit employees, their spouses/domestic partners, and minor children from holding financial interests (such as