Corporate Accounting Intern

Panduit Corp.; Tinley Park (IL); On-site; USD 22,000 - 32,000; Full time

Benefits offered by this job

Intern program

Job summary

Panduit is offering a summer internship with the Corporate Accounting team to learn month-end close, journal entries, reconciliations, and financial analysis. You will work with subject matter experts to gain insight into internal controls and financial systems while observing and assisting with close processes.

As a sophomore in a 4-year degree program (Business, Accounting, or Finance), you will develop a strong foundation in general ledger tools, spreadsheets, and professional communication.

Qualifications

• Sophomore standing in a 4-year degree program (Business/Accounting/Finance).
• Experience using general ledger and spreadsheet tools.
• Strong written and verbal communication skills.
• Willingness to ask questions and learn in a team setting.
• Team-oriented with a desire to contribute and learn.

Responsibilities

• Support month-end close activities, including observing and assisting with journal entries and close meetings.
• Assist with account reconciliations by tying prior-month reconciliations to the trial balance.
• Support variance analysis by reviewing month-over-month account changes.
• Assist with intercompany accounting, including tie-outs and balancing with counters.
• Review fixed asset support and depreciation documentation.
• Assist with prepaid accounting and amortization calculations using templates.
• Review journal-entry support for completeness and accuracy.
• Review financial statements and improve formatting, readability, and presentation.
• Help create and improve accounting process documentation and reference materials.
• Participate in projects gathering source information, developing analyses, and presenting progress.
• Develop understanding of Panduit's business and how accounting supports decision-making.

Skills

General ledger

Spreadsheets

Communication

Team player

Willingness to ask questions

Education

Sophomore in 4-year degree

Job description

At Panduit, we don't just offer a job - we offer a career where your contributions directly impact our customers, the environment and our company's success. You'll have the opportunity to grow, innovate, and be a part of an inclusive team that celebrates both individual and collective achievements.

In this internship you will support the Corporate Accounting team with key financial processes including month-end close activities, account reconciliations, journal entry preparation, and financial analysis. While working with subject matter experts, you will gain a strong understanding of corporate accounting practices, internal controls, and financial systems.

What You Will Do

• Support month-end close activities, including observing and assisting with journal entries, close meetings, supporting documentation, and -close-calendar tracking.


• Assist with account reconciliations by tying prior-month reconciliations to the trial balance and preparing draft reconciliations for assigned cash or prepaid accounts.


• Support variance analysis by reviewing month-over-month account changes and preparing draft explanations for review.


• Assist with intercompany accounting, including high-level intercompany tie-outs and matching balances with counterparties.


• Review fixed asset support, including documentation supporting additions and depreciation.


• Assist with prepaid accounting by updating schedules and refreshing amortization calculations using established templates.


• Review journal-entry support for completeness and learn expectations for well-documented accounting entries.


• Review financial statements and help identify opportunities to improve formatting, consistency, readability, and presentation.


• Help create and improve accounting process documentation, including concise reference materials covering reconciliations, intercompany tie-outs, month-end close, and journal-entry support.


• Participate in project work that requires gathering source information, developing analyses or presentations, incorporating review feedback, and communicating progress to stakeholders.


• Develop an understanding of Panduit's business and how accounting and financial reporting support business decision-making.

What You Will Bring

• At least a sophomore in a 4-year degree program Business, Accounting, or Finance major


• Experience with general ledger and spreadsheet tools


• Good communication skills (both written and verbal)


• Willingness to ask questions


• Be a team player and have a strong desire to contribute and learn

Panduit Intern Program

Our program consists of not only working with your functional area but getting to know the entire summer cohort of interns across Panduit. You can also expect to get to know leaders at Panduit through special presentation sessions. Pay rates for this role start at $19.50/hr. Making the connections that matter. We believe great ideas thrive when every voice is welcomed, valued, and empowered.

Work Shift Day (United States of America)

Applicants must be currently authorized to work in the United States on a full-time basis. Panduit will not sponsor applicants for work visas now or in the future.

University Relations Program

Panduit's University Relations Program offers college-level students with the opportunity to gain hands‑on experience in a professional environment. As a University Relations Program participant, you work directly with Panduit experts solving complex industry challenges, applying the concepts learned from coursework, and using your knowledge to make a difference. We take great pride in our University Relations Program and great care in selecting individuals who are a part of it.

By taking the important steps of becoming a part of our team, you will join engineers, researchers, and innovators who create winning technology and give us the edge to lead in a highly competitive marketplace.