Hybrid Accounting Intern - Northern Colorado bei Flood & Peterson Insurance Inc

Description

POSITION SUMMARY

This role offers an excellent introduction to foundational accounting practices within a business environment. It is designed to provide hands-on learning in key areas such as accounts receivable posting, revenue recognition, and the importance of maintaining accurate backup documentation. The position supports the development of a strong understanding of basic accounting processes and internal controls.

As part of the learning experience, the individual will work closely with various members of the accounting team, gaining exposure to different functions and workflows. This collaborative environment fosters both technical skill development and a broader understanding of how accounting supports overall business operations.

ESSENTIAL DUTIES & RESPONSIBILITIES

Other duties may be assigned.

• Assist in processing direct bill commission payments from insurance carriers, including identifying and researching discrepancies. Collaborate with Account Managers to ensure accurate and timely resolution of payment issues, gaining insight into reconciliation and interdepartmental communication.
• Support daily bank deposit preparation and cash application, including the handling of checks, electronic payments (ACH, wire transfers), and other incoming funds. Learn to accurately apply payments to customer accounts and understand the importance of timely and precise financial recording in maintaining accurate financial statements.
• Scan and upload financial and operational documents into the electronic filing system, ensuring accurate categorization and accessibility. Develop an understanding of the critical role that backup documentation plays in supporting financial accuracy and internal controls.

SUPERVISORY RESPONSIBILITIES

This position does not have supervisory responsibilities but is expected to mentor new team members and collaborate with team members when appropriate. Promptly inform a supervisor of all matters that may give rise to an E&O claim

COMPENSATION INFORMATION

Starting pay for this nonexempt position is $20/hour. 

Requirements

MINIMUM QUALIFICATIONS

Education and Work Experience

College students pursuing Accounting or Finance, with a minimum of 1 year of college coursework completed.

Flood and Peterson Values: At Flood and Peterson, we are dedicated to our Employees, Clients, Communities, and Strategic Partners. Our values guide everything we do:

• Integrity – We uphold the highest standards, acting with honesty, trust, and the courage to do what's right.
• Gratitude –  We show kindness and respect, appreciating each other, our clients, and our community
• Knowledge – We lead through learning, sharing insights, and embracing diverse experiences to educate and grow together.
• Commitment – We take responsibility, prioritize teamwork, and dedicate ourselves to fulfilling the Flood and Peterson promise.
• Impact – We strive for meaningful results, aiming to build a lasting legacy through positive influence and service.

Language

Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.

Mathematical

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

Reasoning

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Computer Skills

This position requires use of the following software or applications:

Word Processing, Spreadsheets, Internet, Email, Database and Order Processing

Certificates, Licenses, Registrations

• Requires current Colorado driver’s license and acceptable MVR

PHYSICAL DEMANDS & WORK ENVIRONMENT

• Must be able to reach with hands and arms under 1/3 of the time
• Must be able to use hands to finger, handle, or feel, talk or hear, sit over 2/3 of the time
• Requires the ability to lift up to 25 lbs. less than 1/3 of the time
• Work environment while in the office is moderate noise (examples: business office with computers and printers, moderate traffic)