2027 Summer Internship Program - Office of Employee Benefits (Finance and Accounting)

Federal Reserve Board of Governors

Newark, NJOn-siteFull time, Internship
With an account: save jobs, track applications, build tailored resumesAlready have an account? Log in
Location
Newark, NJ
Work style
On-site
Job type
Full time, Internship
Posted
Oct 26
1 day ago
Career path

See where this role leads

Jigup maps the next three moves from a job like this one, with the titles and the skills each step asks for.

Create an account

About the company

Federal Reserve Board of Governors

Banking · 1,001 to 5,000 employees

Federal Reserve Bank of Atlanta As an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper. OUR BANK - The Federal Reserve is the central bank of the United States and is one of the most influential, trusted, and prestigious financial organizations. It consists of twelve Reserve Banks located around the country and the Board of Governors in Washington, D.C. The Federal Reserve Bank of Atlanta territory covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and portions of Louisiana, Mississippi, and Tennessee. The Atlanta Fed and the other Reserve Banks play an important part in all three of the Fed's functions: monetary policy, bank supervision and regulation, and the operation of a nationwide payment system.

Federal Reserve Board of Governors on LinkedIn

What you'll do

  • Perform live reconciliations, journal entries, financial reporting and general ledger work
  • Support automation efforts through testing and build (projects)

What you need

  • Be a rising junior pursuing a bachelor’s degree
  • Have a demonstrated interest in a related discipline and a strong academic record
  • Working knowledge of MS Excel, MS Word and MS PowerPoint
  • Strong analytical and critical thinking skills
  • Ability to communicate effectively, both orally and written
  • Ability to grasp information quickly
  • Attention to detail
  • Currently authorized to work in the United States without visa sponsorship

Key skills

MS ExcelMS WordMS PowerPointcommunicate effectivelyAttention to detailMicrosoft Office SuiteStrong analytical skillsExcellent communication skillswork independently

Keywords for your resumePro

The words this employer's screening is likely to look for.

This job lists resume keywords

The terms this posting uses, pulled out so you can mirror them in your resume. Jigup Pro members see the list on the job board.

Create an account

Perks

  • Professional development opportunities
  • Networking
  • Free LinkedIn Learning access
  • Dress for your day
  • Flexible hours

See full description on company page, apply now

Read the full posting here
Company Federal Reserve Bank of Atlanta As an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper. OUR BANK - The Federal Reserve is the central bank of the United States and is one of the most influential, trusted, and prestigious financial organizations. It consists of twelve Reserve Banks located around the country and the Board of Governors in Washington, D.C. The Federal Reserve Bank of Atlanta territory covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and portions of Louisiana, Mississippi, and Tennessee. The Atlanta Fed and the other Reserve Banks play an important part in all three of the Fed's functions: monetary policy, bank supervision and regulation, and the operation of a nationwide payment system. PLEASE READ: Internships are paid. Summer housing will not be provided. This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments). The Office of Employee Benefits (OEB), located in Newark, N.J., comprises a staff of 64 professionals who oversee benefit programs for approximately 80,000 current and former employees of the Federal Reserve, and their beneficiaries. The OEB was established in 1934 to administer the Federal Reserve System’s Retirement [pension] Plan. Over time, the OEB's responsibilities have expanded to include additional retirement benefits, health benefits, life insurance, long-term disability, and other personal protection plans. The OEB's mission is to be a center of excellence, providing leadership in formulating employee benefit programs and operating these programs on behalf of the Reserve Banks, Board of Governors and Consumer Financial Protection Bureau with outstanding customer service, sound and cost-efficient operations, professional expertise, and ongoing innovation. Summer finance intern at the OEB will be placed into the Finance and Accounting Department and will be involved in projects supporting retirement plans, health and welfare program as well as budget assignments. The program is extremely competitive, and size is limited. As a summer intern at the OEB, applicants must have a demonstrated interest in business, finance, benefits, human resources, information systems, legal, compliance, communications or a related discipline and a strong academic record. Specific skills may be required depending on area and project. This program is open to rising juniors pursuing a bachelor’s degree. Responsibilities: • Hands-on accounting experience • Live reconciliations, journal entries, and applicable financial reporting and general ledger work • Practical applicable of controls (COSO and ICOFR) • Support automation efforts through testing and build (projects) Qualifications: • Working knowledge of MS Excel, MS Word, MS PowerPoint; • Strong analytical and critical thinking skills demonstrated by the ability to assimilate new information, make sound decisions, and manage multiple tasks; • Ability to communicate effectively, both orally and written; • Ability to grasp information quickly; • Attention to detail; and • Ability to work productively in a high-performing, collegial atmosphere. Please include resume, cover letter and unofficial transcript. You should indicate your work area(s) of interest in your cover letter. CORE COMPETENCIES: Proficient in Microsoft Office Suite Excellent communication skills (verbal and written) Strong analytical skills Ability to work independently and take ownership of projects Great work ethic and detail oriented Comfortable working across time zones to complete projects in a timely manner OUR BENEFITS TO INTERNS (some benefits are subject to being onsite) : Professional development opportunities Networking Free LinkedIn Learning access Free access to our FedFuel career development tool Dress for your day Flexible hours TO APPLY: In addition to your application, please attach a resume and a copy of your most recent unofficial transcript. Additional Requirements: This position will require at minimum fingerprinting for a criminal background check, education and employment verification, along with potential additional screening requirements due to the information accessed while performing the job. Any offer of employment is contingent upon satisfactory results of any required background screening. These screenings would be initiated at the time of offer acceptance and can take up to approximately 8 weeks to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well. For Law Enforcement positions, physical, psychological, drug, stress/EKG, and attending an academy will be required. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. Federal Reserve Bank of Atlanta employees must comply with the Bank’s ethics rules. These rules generally prohibit employees, their spouses/domestic partners, and minor children from holding financial interests (such as common stock and corporate bonds) issued by financial institutions. This prohibition also applies to investment funds that focus on investing in the financial sector. If you, your spouse/domestic partner, or minor child own such securities, you will generally be asked to divest them if you accept an offer of Bank employment. If you have concerns about this prohibition, you should raise the issue with the recruiter for this posting early in the process. This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments). The Federal Reserve Bank of Atlanta is an equal opportunity employer. Full Time / Part Time Full time Regular / Temporary Temporary Job Exempt (Yes / No) No Job Category Internship Family Group Work Shift First (United States of America) The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers ( https://rb.wd5.myworkdayjobs.com/FRS ) or through verified Federal Reserve Bank social media channels. Privacy Notice

More entry level jobs in Newark, NJ

All jobs in Newark, NJ

More jobs at Federal Reserve Board of Governors

Ready to apply?

Create an account to save jobs, track applications, and build tailored resumes.

Create an account