Logo of Huzzle

Accounting Policy Intern

image

Rabobank

Nov 19, 2023

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Accounting & Tax
  • New York

Requirements

  • Must be currently a Sophomore or Junior level in college.
  • Must have completed introduction to accounting.
  • Proficient in MS Word, Excel and PowerPoint.
  • Technical excellence in accounting literature.
  • Effective communicator.
  • Strong research attitude.

Responsibilities

  • Finance:
  • Establish comprehensive accounting policies that align with regulatory requirements, industry best practices, and internal controls. This involve researching, analyzing, and interpreting accounting standards (US GAAP and IFRS) to ensure accurate financial reporting and compliance.
  • Act as accounting subject matter expert, providing guidance and support to Corporate Accounting, front office bankers and other stakeholders such as Risk on the accounting treatment of complex transactions and critical accounting policies such as Current Expected Credit Losses, Revenue Recognition and Leases. Evaluate the financial implications of deals, products, or strategies and offer expert advice that is achieves optimal risk for Rabobank.
  • Support and collaborate with Corporate Accounting, Regulatory Reporting teams, Head Office policy and product controls to ensure the accuracy of financial statements and footnote disclosures in accordance with regulatory requirements.
  • Support and collaborate with auditors, regulatory bodies and internal stakeholders to address accounting-related inquiries, provide necessary documentation, and ensure transparency and trust in financial reporting. Foster positive relationships and act as a key point of contact for accounting-related matters.
  • Communicate accounting policies, changes, and updates to relevant stakeholders. Facilitate training sessions and develop training materials to enhance understanding of accounting policies and ensure consistent application throughout the organization.
  • Support internal and external audits or examinations related to accounting policies. Provide necessary documentation, respond to inquiries, and address any audit findings or recommendations.

Growing a better world together

Finance
Industry
10,001+
Employees
1972
Founded Year

Mission & Purpose

Coöperatieve Rabobank U.A. is a full-range financial services provider that operates on cooperative principles. Its origins lie in the local loan cooperatives that were founded in the Netherlands nearly 110 years ago by enterprising people who had virtually no access to the capital market. Rabobank Group is comprised of independent local Rabobanks plus Rabobank Nederland, their umbrella organisation, and a number of specialist subsidiaries. Overall, Rabobank Group has approximately 61,100 employees (in FTEs), who serve about 10 million customers in 47 countries.