College Co-op: Corporate Accounting

About the role

The Corporate Accounting co-op supports the accounting team with day-to-day financial activities and month-end close processes. Responsibilities include assisting with general ledger reconciliations, preparing journal entries, supporting financial reporting (GAAP and statutory), and analyzing account variances. The co-op also helps maintain documentation for internal controls, supports audits, and collaborates with cross-functional teams to ensure accuracy and compliance in financial records.

Responsibilities

• Assists with general ledger reconciliations
• Prepares journal entries
• Supports financial reporting (GAAP and statutory)
• Analyzes account activity, identifies variances, and investigates discrepancies
• Maintains documentation for internal controls
• Supports audits
• Collaborates with cross-functional teams to ensure accuracy and compliance in financial records

Requirements

• Understanding of basic accounting principles, including debits and credits, general ledger activity, and financial statements (accounting coursework required)
• Ability to analyze account activity, identify variances, and investigate discrepancies with strong attention to detail
• Proficiency in Microsoft Excel, including formulas, pivot tables, and basic data analysis; familiarity with accounting or ERP systems is a plus
• Strong focus on accuracy and precision when preparing reconciliations, journal entries, and financial support schedules
• Able to manage multiple tasks, prioritize workloads, and meet deadlines, particularly during month-end close processes

Skills

• Understanding of basic accounting principles, including debits and credits, general ledger activity, and financial statements
• Ability to analyze account activity, identify variances, and investigate discrepancies
• Proficiency in Microsoft Excel, including formulas, pivot tables, and basic data analysis
• Strong focus on accuracy and precision
• Ability to manage multiple tasks, prioritize workloads, and meet deadlines

Benefits

This role provides hands-on experience in a regulated healthcare finance environment and exposure to core corporate accounting functions.

Pay

Details on pay are not specified in the job posting.

Schedule

Details on schedule are not specified in the job posting.

Accepted Majors

• Finance
• Accounting

Classification

• Junior or Senior undergraduate students
• Recent graduate (must be within one year or less of the program start date)

Minimum GPA

3.5

Hiring Department

Corporate Accounting at Independence Blue Cross (IBX) is responsible for ensuring the accuracy, integrity, and timeliness of the company’s financial reporting. The department oversees core accounting functions including general ledger, close and consolidation, statutory and GAAP reporting, internal controls, and policy compliance, while supporting strategic initiatives through sound financial analysis. Corporate Accounting partners closely with internal stakeholders to maintain strong financial stewardship and regulatory compliance in support of IBX’s mission.

About Our Company

Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.

About the Hiring Department

The Corporate Accounting co-op supports the accounting team with day-to-day financial activities and month-end close processes. Responsibilities include assisting with general ledger reconciliations, preparing journal entries, supporting financial reporting (GAAP and statutory), and analyzing account variances. The co-op also helps maintain documentation for internal controls, supports audits, and collaborates with cross-functional teams to ensure accuracy and compliance in financial records.

Equal Employment Opportunity

IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.

Agency Disclaimer

All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.