Accounting Intern
The Lockwood Group · Stamford, CT · 2 mo ago
On-siteAccountingInternship
About the role
This internship will be based in-office at our headquarters in Stamford, CT.
Summary
The Accounting Intern will support the Accounting team with day-to-day accounting operations which could include Accounts Payable (AP) and/or Accounts Receivable (AR).
Key Responsibilities
- Accounts Payable (AP)
- Process vendor invoices, ensuring accuracy, proper coding, and timely entry into the accounting system.
- Assist with three-way matching and resolve discrepancies with internal teams or vendors.
- Prepare weekly AP aging reports and flag overdue items.
- Support the preparation of payment runs (ACH, checks, wires).
- Maintain vendor files, W-9 forms, and ensure compliance with company policies.
- Accounts Receivable (AR)
- Generate and send customer invoices based on contracts, sales orders, or billing schedules.
- Record customer payments and reconcile AR transactions.
- Monitor AR aging and assist with collections outreach (email/phone) in a professional manner.
- Investigate and resolve payment discrepancies or short-pays.
- Support month-end closing activities related to AR, including reconciliations and reporting.
- General Accounting Support
- Assist with month-end journal entries and account reconciliations.
- Help maintain organized digital and physical financial records.
- Support audits by preparing documentation and schedules.
- Participate in process improvement initiatives within the accounting department.
Qualifications
- Currently pursuing a Bachelor’s degree in Accounting, Finance, or related field.
- Strong attention to detail and accuracy.
- Solid understanding of basic accounting principles (debits/credits, accruals, etc.).
- Proficiency in Microsoft Excel (VLOOKUP, pivot tables a plus).
- Strong communication skills and willingness to ask questions.
- Ability to handle confidential information with professionalism.
What You’ll Gain
- Hands-on experience with real AP and/or AR processes.
- Exposure to month-end close and financial reporting.
- Mentorship from experienced accounting professionals.
- Opportunity to develop practical skills that translate directly into full-time accounting roles.