Job Description
Description: KT is seeking motivated individuals to join our team and advance their accounting careers. As an intern, you will have the opportunity to gain hands-on experience in audit, tax, or accounting services, working closely with professionals and performing various tasks within the accounting field.
Responsibilities - Demonstrate a basic understanding of accounting.
- Maintain and organize client files and records in compliance with industry and firm standards.
- Develop working relationships with clients and co-workers.
- Attend professional development and training sessions.
- Attend firm-sponsored events and team-building activities.
- Develop proficiency in Microsoft Office Suite, tax and/or accounting software, and other applications relevant to job requirements.
- Review and organize financial documents and ensure accuracy in data entry
- Collaborate with experienced staff to address client inquiries, provide timely responses, and ensure exceptional client service.
- Provide routine client communication under the guidance of experienced staff.
- Adhere to the highest degree of professional standards and strict client confidentiality.
- Become familiar with and adhere to KT's policies and procedures.
- Other duties as assigned by Person-in-Charge or member of the Partner group.
Accounting Services: Additional responsibilities based on department: - Maintain general ledger and all related accounts with proper documentation and records of all company transactions.
- Prepare bank reconciliation for all accounts; verify accuracy of bank statements and work with staff to resolve questions or problems; maintain integrity of cash balances and cash flow systems.
- Compile financial statements, handle accounts payable, and process quarterly payroll reports when applicable.
- Prepare sales and use tax reports for the state of South Dakota or multiple states.
- Preparation of payroll checks, payroll records, and reports.
- Prepare W2s and 1099s. (Winter/Spring only)
Audit: - Draft financial statements under the firm’s prescribed format.
- Prepare portions of compilation, review, and audit engagements, including documenting the execution of specific procedures performed.
- Participate in planning meetings with your audit team before going to a client’s place of business
Tax: - Perform year-end accounting procedures necessary for tax preparation, with training and assistance.
- Prepare individual income tax returns with training and assistance.
- Perform year-end accounting procedures necessary for tax preparation, with training and assistance.
- Conduct tax research on current tax laws, regulations, and updates to support the team’s decision-making processes.
Requirements: - Initiative and willingness to learn and take on new challenges.
- Ability to analyze and evaluate information to solve problems.
- Adaptability to changing priorities and work environments.
- Willingness to put forth the effort needed to meet compliance and Firm deadlines, as well as meet client expectations.
- Ability to work in a professional office environment, using standard office equipment.
- Proficient in Microsoft Office Suite.
- A valid State Driver's License and the ability to operate a motor vehicle
- Ability to pass a background check and motor vehicle record check
Accounting Services: Additional requirements based on department: - A major in Accounting or a similar field such as Finance or Business
- Preference is given to students with a GPA of 3.0 or higher.
Audit: - A major in Accounting
- Preference is given to students with a GPA of 3.0 or higher.
- Plans to pursue the CPA (Certified Public Accountant) certification
Tax: - Three or more years of higher education at the start of the internship
- A major in accounting or a similar field such as finance or business.
- Must have completed Intermediate Accounting 1
- Preference is given to students with a GPA of 3.0 or higher.
- Plans to pursue the CPA (Certified Public Accountant) or EA (Enrolled Agent) certification.
Schedule And Benefits - This is a temporary position working between 25 to 40 hours per week. Hours typically fall Monday through Friday during standard business hours. Internships run for six (6) to twelve (12) weeks.
- The timeframe options are Winter/Spring (December – April), Summer (May-September), Fall (September - December)
- Fall is not offered in the Tax Department*
- An intern housing reimbursement is available to students who upon application qualify.
- Upon successful completion of the internship period, interns may be extended offers for a return internship or full-time employment offer.
- Located in Rapid City, Spearfish, or Gillette office
- Pay: Accounting Services - $24 per hour, Tax and Audit - $26.50 per hour
Ketel Thorstenson, LLP is committed to being an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, national origin, ancestry, age, religion, disability, gender, pregnancy, sexual orientation, transgender status, gender identity, or any other classification protected under applicable law.
Job Tags
Hourly pay, Full time, Summer work, Internship, Work at office, Monday to Friday,