Federal Reserve Bank of Philadelphia ยท 1 day ago
Summer Internship - Strategy, Risk, and Financial Management
The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that make up the Federal Reserve System. They are seeking a summer intern for their Strategy, Risk, and Financial Management department, where the intern will gain exposure to financial planning and analysis, accounting, asset management, and strategy.
Financial Services
Responsibilities
You will help develop and maintain the Bank's operating expense, capital expenditure, and staffing budget and five-year forecast
You will also conduct variance and trend analysis, support forecast adjustments, develop monthly performance presentations for Bank partners, and address ad-hoc financial planning and cost accounting requests
You will support activities associated with general ledger account reconciliation, accounting transaction processing, and data verification
You will retrieve accounting documentation as requested by internal and external auditors for testing and be involved with discussions about the information provided
You will support activities associated with capital accounting, capital reporting obligations, and tenant invoicing
You will maintain monthly dashboarding that summarizes ongoing capital projects, accounting determinations and ledger balances
You will also have opportunities to attend periodic Construction calls and work with several other department including Facilities, Cash and Public Affairs related to their capital projects
You will help compile quarterly performance summaries; detail accomplishments related to high priority objectives
You will also help create presentation materials to share strategy-related information with executive-level audiences
Qualification
Required
Sophomore, Junior, or Senior undergraduate student
Major in Finance, Accounting, MIS, or related majors
Microsoft Office (Excel and PowerPoint), Tableau, and other finance or data visualization applications applicable
Preferred
Written and verbal communication
Initiative
Collaboration
Attention to detail
Multitasking
Flexibility in assignments as daily tasks may vary
Company
Federal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government.