Jobs · Education · Illinois

Summer Internship - Accounting

Federal Home Loan Bank of Chicago · Chicago, IL · 1 mo ago
On-siteEducation$39k–$58k/yrFull-time
We need to output HTML fragment with sections: About the role? The posting includes description. We need headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections with real specific content. We need to parse content. First, there is intro: "At the Federal Home Loan Bank of Chicago, employees come first - that’s why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Collaborative, in-office operating modelRetirement program (401k and Pension) Medical, dental and vision insurance Lifestyle Spending Account Competitive PTO plan 11 paid holidays per year An internship with The Federal Home Loan Bank of Chicago is not like your average internship. We can offer you a dynamic, collaborative and team-focused environment you won’t find anywhere else. You’ll be engaged in projects that will provide you with real world, hands-on experience in the exciting world of financial services. We have an exceptional opportunity for an internship in our Accounts Payable / Internal Reporting group. The FHLBC is looking to partner with a hard-working, high-energy student who is ready to put their knowledge to work. This individual should be ready to demonstrate advanced written, analytical, and spreadsheet / database skills while working on projects that include accounts payable, budget analysis, variance reporting, procurement/sourcing, vendor management, and other ad-hoc projects. Successful individuals should be following an academic track in IT/MIS, Business, Finance, Statistics, Economics, or Accounting. This is a fantastic opportunity for students who are interested in learning how an internal department of a bank operates. This individual will be introduced to several new software programs and will gain valuable experience working with experienced senior team members to meet audit regulations and analyze financial statements. He/she will also act as a main point of contact for other employees of the Bank who have questions about internal accounting procedures. Who are you we ask? We are a federally chartered corporation and one of 11 Federal Home Loan Banks (FHLBanks) that, with the Office of Finance, comprise the Federal Home Loan Bank System. The FHLBanks were chartered by Congress under the Federal Home Loan Bank Act of 1932 to improve the availability of funds to support home ownership. Each FHLBank is cooperatively owned by member financial institutions in its district and operated as a separate entity with its own management, employees, and board of directors. Our district consists of the states of Illinois and Wisconsin. We are regulated by the Federal Housing Finance Agency, an independent federal agency. The Internship Includes But Is Not Limited To Learning about the Accounts Payable process flow and the internal controls around it.Assisting with the invoice processing system.Creating journal vouchers to post to the general ledger.Assisting Internal Reporting with reconciling general ledger accounts.Analyzing data and building reports and creating presentations for various meetings.Obtaining new reporting skills through internal Tableau training courses with the Bank.Supporting the group’s activities to promote and maintain internal and external customer expectations.Assisting with administrative functions, various assignments and presentations as appropriate.Participating in Bank-wide events to learn about a diverse and inclusive culture." Then "Requirements Applicants should be enrolled in an undergraduate program at an accredited institution.Applicants should be at least Sophomore status at an accredited four-year institution.Should have a GPA of at least 3.0 and be in good academic standing.Must have demonstrated expertise in Microsoft Excel - Access a plus.Desired fields of study include IT/MIS, Finance, Economics, Statistics, Accounting." Then "How You’ll Make An Impact Processing of supplier payments timely and efficientlyCreating journal vouchers to post to the general ledgerSupporting the internal Reporting Group activities to promote and maintain internal and external customer expectations" Then "Salary Range $38,800.00 - $58,100.00 The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc" We need to extract sections. About the role: Could be the description of the internship: "An internship with The Federal Home Loan Bank of Chicago is not like your average internship..." etc. Could be used. Responsibilities: The bullet list under "The Internship Includes But Is Not Limited To" and "How You’ll Make An Impact". Those are duties. Requirements: The "Requirements" paragraph. Qualifications: Might be similar to requirements; but we have "Desired fields of study" etc. Could be qualifications. Skills: "Must have demonstrated expertise in Microsoft Excel - Access a plus." Also "advanced written, analytical, and spreadsheet / database skills". Could be skills. Benefits: The intro mentions "highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Collaborative, in-office operating modelRetirement program (401k and Pension) Medical, dental and vision insurance Lifestyle Spending Account Competitive PTO plan 11 paid holidays per year". Also later "In addition to the base salary, we offer a comprehensive benefits package". So we have benefits content. Pay: Salary range given. Schedule: Not mentioned. So we should not include Schedule. We must not include placeholder like "commensurate with experience". The salary range is specific. We need to output HTML fragment with headings

for each section, and
  • for any list of duties/requirements/benefits, and

    for prose. We need to preserve all substantive information, not invent or summarize away detail. So we need to include all details. We need to avoid duplication. Let's extract content. First, "About the role": Could be the paragraph describing the internship environment and opportunity. Let's capture: "An internship with The Federal Home Loan Bank of Chicago is not like your average internship. We can offer you a dynamic, collaborative and team-focused environment you won’t find anywhere else. You’ll be engaged in projects that will provide you with real world, hands-on experience in the exciting world of financial services. We have an exceptional opportunity for an internship in our Accounts Payable / Internal Reporting group. The FHLBC is looking to partner with a hard-working, high-energy student who is ready to put their knowledge to work. This individual should be ready to demonstrate advanced written, analytical, and spreadsheet / database skills while working on projects that include accounts payable, budget analysis, variance reporting, procurement/sourcing, vendor management, and other ad-hoc projects. Successful individuals should be following an academic track in IT/MIS, Business, Finance, Statistics, Economics, or Accounting. This is a fantastic opportunity for students who are interested in learning how an internal department of a bank operates. This individual will be introduced to several new software programs and will gain valuable experience working with experienced senior team members to meet audit regulations and analyze financial statements. He/she will also act as a main point of contact for other employees of the Bank who have questions about internal accounting procedures." Also maybe include the earlier "At the Federal Home Loan Bank of Chicago, employees come first..." but that's more about benefits. Could be part of About the role? Might be better to put that in Benefits? Actually that sentence mentions compensation and benefits. Might be part of Benefits. But we can keep it in About the role as overview. We need to avoid duplication: The later bullet list includes responsibilities. Responsibilities: The list under "The Internship Includes But Is Not Limited To" and "How You’ll Make An Impact". Let's extract each item. The Internship Includes But Is Not Limited To: - Learning about the Accounts Payable process flow and the internal controls around it. - Assisting with the invoice processing system. - Creating journal vouchers to post to the general ledger. - Assisting Internal Reporting with reconciling general ledger accounts. - Analyzing data and building reports and creating presentations for various meetings. - Obtaining new reporting skills through internal Tableau training courses with the Bank. - Supporting the group’s activities to promote and maintain internal and external customer expectations. - Assisting with administrative functions, various assignments and presentations as appropriate. - Participating in Bank-wide events to learn about a diverse and inclusive culture. How You’ll Make An Impact: - Processing of supplier payments timely and efficiently - Creating journal vouchers to post to the general ledger - Supporting the internal Reporting Group activities to promote and maintain internal and external customer expectations Note some duplicates: Creating journal vouchers appears twice; we should keep both? Might be duplicate; we should preserve all substantive information but avoid duplicated lines? The instruction: "Remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions." So we should remove duplicated lines. So we need to deduplicate. Thus responsibilities list should be unique items. Let's compile unique responsibilities: 1. Learning about the Accounts Payable process flow and the internal controls around it. 2. Assisting with the invoice processing system. 3. Creating journal vouchers to post to the general ledger. 4. Assisting Internal Reporting with reconciling general ledger accounts. 5. Analyzing data and building reports and creating presentations for various meetings. 6. Obtaining new reporting skills through internal Tableau training courses with the Bank. 7. Supporting the group’s activities to promote and maintain internal and external customer expectations. 8. Assisting with administrative functions, various assignments and presentations as appropriate. 9. Participating in Bank-wide events to learn about a diverse and inclusive culture. 10. Processing of supplier payments timely and efficiently. Note: "Supporting the group’s activities to promote and maintain internal and external customer expectations" appears also in How You’ll Make An Impact; we keep one. Now Requirements: The paragraph: "Applicants should be enrolled in an undergraduate program at an accredited institution. Applicants should be at least Sophomore status at an accredited four-year institution. Should have a GPA of at least 3.0 and be in good academic standing. Must have demonstrated expertise in Microsoft Excel - Access a plus. Desired fields of study include IT/MIS, Finance, Economics, Statistics, Accounting." We can turn into list. Qualifications: Might be similar; but we could treat "Desired fields of study" as qualifications. However we already have that in Requirements. To avoid duplication, maybe we combine? But we need sections only when posting has real specific content. The posting has a "Requirements" section; we can put that as Requirements. Qualifications maybe not distinct; but we could still include Qualifications if there is distinct content like "Successful individuals should be following an academic track in IT/MIS, Business, Finance, Statistics, Economics, or Accounting." That's also in About the role. Might be duplicate. Better to follow the headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay. We need to decide what goes where. Let's map: About the role: General description of the internship, environment, opportunity, maybe also the "Who are you we ask?" paragraph about the bank. That seems like about the role/company. Responsibilities: The list we compiled. Requirements: The bullet list of eligibility: enrolled undergraduate, sophomore status, GPA 3.0, good standing, Excel expertise. Qualifications: Maybe "Desired fields of study include IT/MIS, Finance, Economics, Statistics, Accounting." plus "Successful individuals should be following an academic track in IT/MIS, Business, Finance, Statistics, Economics, or Accounting." Could combine. Skills: "Must have demonstrated expertise in Microsoft Excel - Access a plus." plus "advanced written, analytical, and spreadsheet / database skills". Also maybe "introduced to several new software programs" but that's more experience. Benefits: The list: highly competitive compensation and bonus package, comprehensive benefits program, Retirement program (401k and Pension), Medical, dental and vision insurance, Lifestyle Spending Account, Competitive PTO plan, 11 paid holidays per year. Also maybe mention "collaborative, in-office operating model". Also "In addition to

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