Intern - Corporate Accounting

Job Locations US-PA-Lancaster

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Our Internship Development Program is designed to provide Interns with real-world experience in the banking and financial services industry. An internship with Fulton Bank provides opportunity to build essential skills and explore a career path that matches your interests, while gaining valuable insights into the working life at Fulton. In addition, Interns have the opportunity to build their professional network, grow through professional development opportunities, give back to the community, engage with other Fulton Bank Interns, and connect with other employees through our Employee Resource Groups.

Under close supervision with a designated Supervisor, you will be responsible for observing the policies and procedures within a specific area/department of the Bank. Activities and internship duration vary by assignment. Strong academic performance is required. Previous work, leadership experience, and community involvement is preferred.

Start Date: Summer 2024, mid/end of May.
• Work Location: Hybrid - Corporate Headquarters, 1 Penn Square Lancaster, PA 17602.
• A hybrid role at Fulton Bank consists of on-site and remote work. Both are required for this position, with remote work opportunities being determined and communicated by the Manager.
• Must express a willingness to attend Internship Program events in Lancaster, PA at our Corporate Headquarters building as you participate in our Summer Internship Program (mileage reimbursement offered).
• Relocation package/support is not offered for this position. Preference will be given to local/east coast residence.
• Work Hours: Full-time work hours, 40 hours per week Monday-Friday.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Financial Corporation currently or in the future.

Responsibilities:

• Assists in a wide range of opportunities with tasks in assigned department.
• Performs assigned duties in designated department to acquire knowledge of methods, procedures and standards required for successful performance.
• Completes reports on progress in internship program and gives feedback about program to Manager and Talent Acquisition team. Management feedback must indicate satisfactory progress to remain in Internship Program.
• Intern may also participate in career training/education as needed, as well as corporate events/initiatives.
• Duration of Internship is dependent on individual assignment.

Scope of Work:

• Complete daily loan settlement processes by working with reports and data.
• Prepare and post journal entries in accounting system.
• Complete various general ledger and checking account reconcilements and update reconciliation software.
• Complete analysis on outstanding reconciliation items and document differences.
• Assist with month-end close loans in process analysis and complete adjusting entries.
• Assist with month-end close interest on escrow analysis and complete adjusting entries.
• Assist with month-end close expense analysis and complete adjusting entries.
• Assist with auditing of and documentation for life-of-loan transactions, including cash flow traceability.
• Test and update accounting procedures.
• Assist with preparation of support files for annual budget process.
• Assist with preparation of regulatory reports.
• Assist with preparation of internal management reports.
• Assist and participate in projects or tasks as directed.

Required Education: High School Diploma or the Equivalent Experience

• Fulton Bank Interns will be expected to have completed or are currently enrolled and in the process of completing, a four (4) year college degree from an accredited college/university earning a degree.
• Accounting major is required.
• If graduated must have been within the last 6 months.
• Strong academic performance is required.

Preferred Education:

• Cumulative GPA of 3.0 or higher is strongly preferred.
• Preference will be offered to rising Juniors and Seniors.
  • Rising Sophmores may be considered given strength of completed coursework and major GPA.

Required Experience: 0-6 months

• 0-6 months previous experience will align to the needs of the assigned department/project.
• Experience is demonstrated through former employment or co-op, internship, leadership, or community involvement experience.
• Ideal candidate demonstrates strong interpersonal skills through verbal and written communication, has strong customer service skills, and is a motivated self-starter with drive demonstrating initiative to advance their career.
• Ability to work on multiple tasks/assignments simultaneously, handle and manage a high volume or work, achieve deadlines while producing high quality and accurate products, and work independently and efficiently after instruction has been given.
• Must be able to professionally handle and prepare sensitive and confidential information.
• Technical skills are required with proficiency in the Microsoft Office Suite including Teams, Word, Excel, PowerPoint, Outlook.

Preferred Experience:

• Desire to start a career in the accounting/corporate accounting field post-graduation.

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

Fulton Bank ("Fulton") is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.