Finance & Accounting Intern in Orlando, Florida at Knight Federal Solutions Inc

Company: Knight Federal Solutions

Location: Orlando, FL

Department: Finance & Accounting

Employment Type: Internship (Part-Time)

Reports To: Finance Supervisor

About Knight Federal Solutions

Knight Federal Solutions is a premier defense contractor delivering cutting-edge simulation, training, cybersecurity, IT, and intelligence analysis solutions to the Department of Defense (DoD) and intelligence community. Our mission is to empower warfighters and federal agencies with state-of-the-art technical capabilities while maintaining operational excellence and strict regulatory integrity across all our programs.

Position Overview

Knight Federal Solutions is seeking an ambitious, detail-oriented Finance & Accounting Intern to join our corporate accounting team. This internship offers hands-on exposure to federal government contracting (GovCon) financial management, enterprise resource planning (ERP) workflows, and regulatory compliance standards.

As an intern, you will work closely with finance leaders and project managers to support daily accounting operations, project costing, billing, general ledger reconciliations, and audit preparation. This is an ideal role for an undergraduate or graduate student seeking real-world, audit-ready experience in the defense contracting industry.

Key Responsibilities & Learning Opportunities

GovCon Accounts Payable (AP) & Invoicing Support

• Assist with reviewing, coding, and matching vendor invoices and subcontractor payments against active government delivery orders and subcontracts.
• Support the generation and reconciliation of client billings across various contract types (e.g., Firm-Fixed-Price [FFP], Time & Materials [T&M], and Cost-Plus).
• Assist in auditing employee expense reports to ensure compliance with the Federal Travel Regulation (FTR) and Joint Travel Regulations (JTR).

Timekeeping, Labor Distribution & Payroll Assistance

• Participate in weekly and semi-monthly floor checks and labor distribution reviews to ensure compliance with Defense Contract Audit Agency (DCAA) timekeeping requirements.
• Assist with tracking direct vs. indirect labor hours across active simulation, training, and cybersecurity programs.

ERP & Financial Systems (Unanet)

• Gain practical experience navigating GovCon ERP software (Unanet) for daily transaction entry, project work breakdown structure (WBS) tracking, and general ledger posting.
• Assist in maintaining vendor files, purchase order matching, and documentation archiving within electronic accounting systems.

Contract Supply & Material Management Support

• Assist the finance and project management teams in tracking supply, hardware, and material requisitions supporting large prime defense contracts.
• Facilitate three-way matching among purchase orders (POs), shipping/receiving manifests, and vendor invoices to verify that direct material costs align with designated Contract Line Item Numbers (CLINs).
• Support material tracking and documentation compliance for Contractor-Acquired Property (CAP) and Government-Furnished Property (GFP) in alignment with FAR Part 45 regulations.
• Assist in tracking supply delivery milestones, open commitments, and material burn rates against overall contract budgets and funding ceilings.

General Ledger, Reconciliations & Month-End Close

• Help prepare monthly balance sheet account reconciliations (e.g., cash accounts, prepaid expenses, accrued liabilities, and inventory/material clearing accounts).
• Shadow senior accountants through month-end close procedures, checklist execution, and journal entry compilation.
• Support indirect cost allocation tracking (Fringe, Overhead, and G&A expense pools).

Compliance, Internal Controls & Audit Readiness

• Organize and cross-reference documentation supporting internal controls, DCAA compliance, and external financial audits.
• Assist in preparing ad-hoc financial reports, variance analyses (budget vs. actual), and contract backlog tracking for internal leadership reviews.

Qualifications & Requirements

Required Education & Status

• Currently enrolled in an accredited undergraduate (Junior or Senior standing preferred) or graduate degree program in Accounting, Finance, Supply Chain Management, or a related business discipline.
• Minimum cumulative GPA of 3.0 on a 4.0 scale.

Knowledge & Technical Skills

• Solid foundational understanding of Generally Accepted Accounting Principles (GAAP).
• Strong working knowledge of Microsoft Excel (e.g., VLOOKUP, SUMIFS, Pivot Tables, logical formulas).
• Familiarity with or strong interest in federal contracting cost principles (FAR Part 31 DCAA compliance) is a strong plus.
• Prior exposure to accounting ERP platforms (Unanet, Deltek Costpoint, QuickBooks) is a strong plus.

Professional Attributes

• High integrity, discretion, and ability to handle confidential and proprietary business information responsibly.
• Strong organizational skills and sharp attention to detail.
• Excellent verbal and written communication skills with the ability to collaborate effectively across distributed technical and administrative teams.

Security & Eligibility

• Ability to pass a standard corporate background investigation.

What We Offer

• Competitive hourly compensation.
• Direct mentorship from experienced GovCon finance and accounting leaders.
• Practical, resume-building experience with industry-standard GovCon software and audit workflows.
• Flexible schedule tailored to accommodate university course loads.

Knight Federal Solutions is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.