Accounting/Finance Intern - Financial Reporting

Location: Springfield, MO

Connect to a career at City Utilities! CU has been connecting our community to the services they need for every day life since 1945. From electricity to power our lives, clean water to be healthy, natural gas to stay warm, internet to keep businesses connected, to transit services to get them where they need to go.

This position requires an employee to work between 20-25 hours per week during the school semesters, and 40 hours per week during summer, not to exceed 1,500 hours in a calendar year. Each semester, undergraduate students must be enrolled in at least 12 credit hours and graduate students must be enrolled in at least 6 credit hours.

INTERN GUIDELINES

Students who have completed at least one year of college and are enrolled as a full-time student may apply. Must be enrolled full-time in a degree seeking program. A student’s intern position will end within three months after graduation.

Pay Details

$17.00 - $20.00/hour

*Depends upon classification

Work Schedule

Between the hours of Monday to Friday, 8:00am-5:00pm, 20-25 hours per week.

PURPOSE OF POSITION

Under the general direction of the Director – Financial Reporting/Controller or designee, performs a variety of basic accounting duties in the Financial Reporting area. May cross train in other areas of Finance and Accounting and/or Rates.

ESSENTIAL JOB FUNCTIONS

• Prepares monthly journal entries and supporting documentation related to asset management activity, including entries associated with asset write-offs, developer contributions, reimbursements, and other assigned transactions.
• Processes fixed asset capitalization transactions in PeopleSoft for projects that have been identified and approved for capitalization by Asset Management personnel, including the transfer of completed project costs from construction work in progress to fixed assets.
• Performs routine job order and asset record maintenance in PeopleSoft and related systems, including job order cancellations, vehicle information updates, asset transfers, and maintenance of parent/child asset relationships.
• Assists with maintenance of supporting schedules, records, and documentation related to software subscriptions and subscription-based information technology arrangements, including SaaS/SBITA activity, after applicable accounting treatment has been determined by appropriate Finance personnel.
• Assists with analyzing and researching transactions, preparing supporting information, and resolving discrepancies as assigned.
• Assists in the preparation and review of monthly financial reports, financial review presentations, and related management materials. Verifies financial information, narrative explanations, and supporting amounts for accuracy and consistency with financial statements and source documentation.
• Assists with year-end financial statement audit activities, including proofreading financial statements and related audit documents, verifying reported amounts to source documentation, preparing supporting information, and completing other audit-related assignments.
• Cross-trains with and provides backup or supplemental support for Financial Reporting, Accounts Payable, Payroll, and Rates personnel as assigned.
• Must be able to effectively communicate verbally and in writing with vendors, project managers, and staff at all levels in the company in a respectful and professional manner.
• Actively supports all Finance goals, processes, and standards.
• Prepares and updates complete documentation for job procedures and all internal controls and processes.
• Performs other related duties as required or assigned by management.

QUALIFICATIONS

Education and Experience

A minimum completion of one year of college is required. Student must be working towards a major in Accounting, Finance, Business, or related field from an accredited college or university. A minimum of three credit hours of accounting related courses is required. Six months of Accounting or general office work is preferred.

Knowledge, Skills, and Abilities

Be proficient in navigating Microsoft Office and related software computer systems

Ability to

Demonstrate a customer-focused orientation and positive image of the Utility to the public.

Learn specific computer programs (PeopleSoft, Concur, Power BI, etc.).

Handle sensitive information in a highly confidential manner.

Pay attention to detail and review work for accuracy.

Work independently and multi-task in a fast-paced environment.

Clearly communicate thoughts and ideas verbally and in writing.

Ability to effectively utilize a range of digital tools and platforms, including but not limited to Microsoft Office Suite, enterprise software, artificial intelligence-enhanced applications, and self-service systems. Must possess a willingness and capacity to learn and adapt to emerging technologies, including mobile devices, cloud-based systems, and data-driven platforms relevant to utility operations.

Maintain adherence to all company policies.

Physical Requirements

Typically, sedentary work. Ability to express or exchange ideas by means of the spoken word and receive detailed information through oral communication. Substantial movements of the wrists, hands, and/or fingers, and close visual acuity to operate a computer is required.

Working Conditions

Normal office environment.

Miscellaneous Requirements

• New hires are informed of the requirements of the Internship Program upon hire, and incumbents must continue to meet the requirements each semester in order to continue employment. Interns who do not meet the requirements may be ineligible for the internship and their employment may be terminated.
• Employee must remain alert and aware of their surroundings at all times and maintain the ability to respond to changing circumstances in a timely manner.
• Must be able to work successfully with diverse groups of people.

TESTING

Testing may be required.

EEO

City Utilities offers equal employment opportunities to individuals without regard to race, color, religion, sex, sexual orientation, gender identity, ancestry, national origin, disability, age, veteran status, genetic information or marital status. Learn more about CU and EEO.