Accounting Intern

IFS is a billion-dollar revenue company with 6000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but also on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

We are seeking a motivated and detail-oriented Accounting Intern to support our Professional Services Lead Accountant with financial reporting and administrative tasks throughout the summer. This is a non-paid internship.

Key Responsibilities

• Financial Reporting Support
  • Prepare draft schedules for monthly project revenue and cost of revenue, pulling data from Thor project transactions and invoicing modules.
  • Build and update Excel workbooks (including pivot tables and basic Power Pivot models) to analyze trends in work-in-progress, deferred revenue, and unbilled receivables.
  • Reconcile balance-sheet accounts (e.g., WIP, deferred revenue, accrued revenue) by matching project billing activity to general-ledger transactions and flagging variances for review.
• Documentation & Month-End Close Coordination
  • Gather and organize supporting documentation (customer contracts, project timesheets, contractor invoices) needed to substantiate month-end journal entries.
  • Maintain the month-end close checklist, track completion of key tasks (journal entries, accruals, allocations), and send timely reminders to stake holders.
  • Archive closed-period files in SharePoint or the finance drive, ensuring all backup is indexed and easily retrievable for internal and external audits.
• Meeting & Action-Item Follow-Up
  • Attend the Professional Services monthly review meeting, take detailed minutes of discussion points and assigned action items, then circulate a consolidated action-item tracker.
  • Proactively follow up with team members on open items (e.g., missing time reports, approval of manual journals), updating status and escalations as needed.
• Data Entry & Record Maintenance
  • Review project transactions (time entries, expenses, billing adjustments) in the ERP or project accounting system, ensuring correct coding to revenue, COGS, and cost centers.
  • Review and index external documents (customer POs, vendor invoices) in the finance document-management system and ensure proper tagging them for easy retrieval.
• Ad-Hoc Projects & Process Improvements
  • Support initiatives to streamline the month-end close, such as by documenting “how-to” guides, building simple reconciliation templates, or testing new ERP features.
  • Contribute to special analyses (e.g., profitability by service type, contractor cost trends, utilization rates) that help the Lead Accountant and FP&A team refine forecasts and identify efficiency opportunities.

At IFS you will work in a growing, global enterprise software company where informal hierarchies promote simplicity and trust with responsibility. We strive to deepen our expertise by taking on challenging and varying work assignments in a collaborative environment together with committed colleagues.

With professionalism and a strong customer focus in everything we do, from R&D to Sales and Consultancy, we are proud to serve world-class customers all over the globe with our leading products.

If you want to change the status quo, we'll help you make your moment. Join Team Purple. Join IFS.

What We’re Offering

• Salary Range: Non-Paid internship

M/F/Disabled/Vet VEVRAA Federal Contractor.  We are a Drug-Free Workplace. Interested candidates should apply at: www.ifs.com/about/careers-at-ifs

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. VEVRAA Federal Contractor, Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. VEVRAA Federal Contractor, Equal Opportunity Employer