Budget Intern

University Of Michigan; Ann Arbor (MI); Hybrid; USD 25,000 - 30,000; Full time

Benefits offered by this job

Health insurance

Job summary

The University of Michigan is seeking a Budget Intern to support the Office of Budget and Planning (OBP). This temporary role focuses on hands-on financial processing, reconciliation, reporting, and collaboration with central campus partners to strengthen resource planning in higher education.

Minimum qualifications include a recent Bachelor's degree in a related field and 0–2 years of experience. Proficiency in Excel and strong communication skills are valued for success in this internship.

Qualifications

• Recent graduate from a Bachelor's degree program with a concentration in accounting, finance, business, economics, or a related field.
• 0-2 years of professional experience or an equivalent combination
• Students graduating from other Bachelor's programs with a strong interest in finance, budget and/or higher education are also encouraged to apply

Responsibilities

• Process and reconcile financial transactions, including journal entries, purchase requisitions, and invoices
• Prepare, verify, and maintain accurate financial records, files, and supporting documentation
• Assist with budget data entry, monitoring, and financial reporting for OBP and partner units
• Run routine financial reports, review data, and flag discrepancies for follow-up
• Respond to inquiries from campus partners regarding financial processes and transactions
• Support cross-functional financial projects and general office operations.
• Maintain compliance with university financial policies, internal controls, and confidentiality standards

Skills

Analytical skills

Attention to detail

Written communication

Verbal communication

Multi-tasking

Education

Bachelor's degree in accounting, finance, business, economics, or related field

Tools

Microsoft Office (Excel)

Job description

Job Summary

The Office of Budget and Planning (OBP) is seeking a recent undergraduate to serve as a Budget Intern who will provide financial support to our office.

OBP supports talent and professional development by providing hands-on experience for individuals interested in higher education finance, budgeting, and institutional stewardship. This role offers an enriching experience involving several facets of central university operations, with the goal of developing foundational financial capabilities, organizational acumen, and a deep knowledge of resource planning in higher education. Responsibilities and tasks are dynamic in nature, aligned with office priorities and candidate strengths, ensuring exposure to diverse financial, analytical, and administrative support functions. In addition to daily financial processing and reconciliation, team members have the opportunity to engage with central campus partners, contribute to routine reporting, and support core institutional planning activities.

This is a temporary position with an anticipated duration of up to six months, with the possibility of extension based on business needs. The anticipated work schedule for this position is up to 40 hours/week.

Responsibilities*

• Process and reconcile financial transactions, including journal entries, purchase requisitions, and invoices


• Prepare, verify, and maintain accurate financial records, files, and supporting documentation


• Assist with budget data entry, monitoring, and financial reporting for OBP and partner units


• Run routine financial reports, review data, and flag discrepancies for follow-up


• Respond to inquiries from campus partners regarding financial processes and transactions


• Support cross-functional financial projects and general office operations.


• Maintain compliance with university financial policies, internal controls, and confidentiality standards

Required Qualifications*

• Recent graduate from a Bachelor's degree program with a concentration in accounting, finance, business, economics, or a related field. Students graduating from other Bachelor's programs with a strong interest in finance, budget and/or higher education are also encouraged to apply


• 0-2 years of professional experience or an equivalent combination

Desired Qualifications*

• Experience with accounting, bookkeeping, or other financial support work


• Strong analytical skills with an attention to detail


• Strong attention to detail and accuracy with numerical data


• Proficiency with Microsoft Office, especially Excel


• Strong written and verbal communication skills


• Ability to manage multiple tasks, meet deadlines, and handle confidential information with discretion


• Resourceful and driven to achieve quality results

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes .

Application Deadline

Job openings are posted for a minimum of seven calendar days.The review and selection process maybegin as early as the eighth day after posting.Thisopening may be removed from posting boards and filled any time after the minimum posting period has ended.

U-M EEO Statement

The University of Michigan is an Equal Opportunity Employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, including protected veterans and individuals with disabilities.