Accounting and Financial Reporting Intern

Benefits Overview

CoBank interns get real-life exposure to the daily duties of their group. They spend the summer as a valued member of their respective team, learning business skills and assisting with a variety of projects that have an impact on the bank's operations. An additional focus of the summer intern will be to complete a capstone project that will seek to add value to the team they are supporting.

Remarkable Benefits Offered by CoBank

• Careers with a purpose
• Time-Off Package: 2 days of vacation; accrued sick time
• Competitive Compensation & Housing Stipend
• Hybrid work model: flexible arrangements for most positions
• Robust training and development with CoBank University
• Associate Resource Groups: creating a culture of respect and inclusion

Job Description

Application Deadline: This role will remain open until October 2 based on the volume of applications received. Please note that the deadline may be extended at the discretion of the hiring team.

Eligibility: Internship applicants must be students with expected graduation dates between December 2027 and May 2029 to be considered for this opportunity.

Internship Dates

• Start Date: May 24, 2027
• End Date: July 30, 2027

What You'll Do

Over your 10-week paid internship, our Accounting and Financial Operations Intern will play a crucial role in supporting our finance team by handling a variety of tasks. They will prepare monthly journal entries and assist with account reconciliations to ensure financial accuracy. Their responsibilities will include processing accounts payable, generating general ledger close reports, and compiling other essential accounting reports. They will also contribute to quarterly financial reporting by performing tie-outs, quality reviews, and maintaining checklists. Additionally, the intern will support the processing and reporting of benefit plans, patronage transactions, and financial instruments. This internship offers hands-on experience in financial operations and provides an opportunity to develop a strong foundation in accounting practices.

This role is hybrid; interns will come into their designated office at least 3 days a week.

Interns work approximately 40 hours per week.

Location

• Denver

Compensation Information

• Bachelor's Student: $22/hour
• Master's Student: $26/hour
• Summer Living Stipend: $3,500

Essential Functions

This job description is not intended to include an exhaustive list of all responsibilities and qualifications that may be associated with the job. Management reserves the right to add, subtract, or change the duties of the job at any time.

• Assists in recording monthly close journal entries for various revenue and expense accounts as well as balance sheet accounts, and any other entry needed to properly complete the month-end financials
• Works with internal providers of information to ensure accuracy of journal entries and schedules
• Coordinates monthly reconciliation and maintenance of asset, liability and equity accounts
• Assists with accounts receivable and accounts payable
• Assists with external financial reporting and regulatory reporting
• Helps comply with GAAP, internal control and regulatory requirements

Education

• Currently enrolled in and working towards a Bachelor's or Master's degree in Accounting, Finance, Information Systems, or a related discipline and in good academic standing

About CoBank

The typical base pay range for this role is between $22 - $26 per hour. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.