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Accounting Summer Internship
Apply Now Submit a Referral Job ID REF11725Z Date posted 04/23/2024 Address 4401 Blue Mound Road, Fort Worth, TX Job Type Intern Job Status Non-ExemptCompany Overview:
Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. Ranked among Fortune Magazine’s most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW’s revenues total $14.8 billion in 2018.
SUMMARY
This eight to ten-week internship provides the opportunity to gain experience in 4 to 6 areas of accounting.
LEARNING OPPORTUNITIES
- Accounts Payable invoicing and check run generation
- Accounts Receivable customer invoicing; collections processes, and cash application
- Sales tax reporting & processing
- Month-end close process (journal entries; financial statement preparation and review; account reconciliations; management presentation preparation)
- RMA & Inventory transaction / exposure
- Customer pricing and margin analysis
Qualifications:
QUALIFICATIONS
Education and Work Experience
High school diploma or GED
Desired Education/Experience
2+ years of Accounting or business-related course
Competencies
- Effective communications skills
- Excel skills at a high beginner level or low intermediate level
- Self-motivated
PHYSICAL DEMANDS & WORK ENVIRONMENT
Physical Demands
While performing the duties of this Job, the employee is:
- Regularly required to sit at a desk
- Frequently required to use various electronic equipment
- Occasionally required to go to other departments to collect further information
Working Conditions
- Mostly office environment
- Work area located on second floor, stair only
- Occasional traversing the shop floor areas
Hours of Work
- 7:30 a.m. – 4:30 p.m. Monday – Friday - negotiable
Benefits:
Take this opportunity to join a successful and enthusiastic global team where you can make a significant impact immediately. You will enjoy a competitive salary and a generous benefits package that includes health, dental, life, LTD insurance, 401k (with company match), employee assistance, wellness and 100% tuition reimbursement programs. ITW is an Equal Opportunity/Affirmative Action employer.
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
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At ITW, we value our colleagues' unique perspectives, experiences, and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
Equal Opportunities
ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status, or any other characteristic protected by applicable federal, state, or local laws. Read more information here.
If you are a qualified individual with a disability and are unable or limited in your ability to use or access this online application system process due to your disability, please email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.