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State of Iowa

Accounting Intern

Entry-Level JobVerifiedNo experience needed

Career Insights for Accountant (General)

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What they do

An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).

$74,642 / year median in Iowa

-2% projected decline

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Job Description

The Iowa Department of Transportation is looking for an Accounting Intern to join the Project Management Bureau. In this role, you will be exposed to several project management cost accounting systems. You will also work with project ledgers, cost centers, object codes and the interconnected accounting systems used to capture project activity. You will perform reconciliations, compliance auditing and identifying allowable and eligible costs as well as calculating State, Local, and Federal share of costs of multi-party funded projects. You will gain exposure to the electronic organization and retrieval of accounting records and the internal controls within the electronic storage application. Consultant coordination support in the Project Management Bureau. Aid the consultant coordination section in administering contracts. Review contracts for completeness, accuracy, and compliance with federal audit regulations. Process invoices daily. Compile consultant cost and forecasting future budgets Organize and indexing contract records for permanent storage
Essential Functions:
The candidate must be able to operate a personal computer, have moderate level of familiarity with Excel, and be able to navigate through various computer systems. They must also have effective oral and written communication skills and work well with co-workers. The candidate must also meet the qualifications listed below.
Duration :
Part-time during fall semester (up to 20 hours/week). Full-time summer; May-August (40 hours/week) Accounting or Finance majors who have completed Financial Accounting (284) and are currently enrolled in, or have completed Managerial Accounting (285)