Accounting Intern in Memphis, Tennessee at Dunavant Enterprises, Inc.

Primary Responsibilities

Utilization of AI

• Workflow Optimization: Identify repetitive manual tasks within the accounting cycle and research AI tools or "low code" solutions to streamline them.
• Data Cleaning: Prepare and scrub datasets to ensure high-quality "input" for AI processing, focusing on consistency in naming conventions and categorization.

Reconciliations & Analysis

• Automated Recon Oversight: Monitor bank feeds, investigating any breaks, inconsistencies, or discrepancies in GL coding.
• Intercompany Reconciliations: Assist in matching transactions between different business units, ensuring that internal "due to/due from" accounts net to zero.
• Balance Sheet Substantiation: Perform monthly reconciliations for low-to-medium risk accounts (e.g., Prepaid Expenses, Petty Cash) to ensure ending balances are supported by documentation.
• Anomaly Detection: Use data visualization tools or AI alerts to spot unusual trends that require further investigation.

General Accounting Support

• Accounts Payable/Receivable: Support the full cycle by verifying invoice accuracy, coding expenses to the correct GL accounts, and assisting with collections follow-ups.
• Month-End Close Support: Assist the senior accounting team with journal entry preparation and gathering supporting schedules for the month-end reporting package.
• Ad-hoc Reporting: Create basic financial dashboards or Excel models to help the team visualize KPIs or departmental spending.

Competencies:

Analytical – ability to collect, digest and organize complex information and uses experience to present information in an efficient and thoughtful manner with an attention to detail.

Interpersonal skills: Focus on problem solving with the ability to work with others in a fast-paced environment.

Oral and written communication: Must be a listener first to understand situational issues.

Motivation: Self-starter and exhibiting sound decision making.

Organization: Use time efficiently and set challenging goals and objectives.

Professionalism: Approaches others in a tactful manner and reacts well under pressure.

Adaptability: Manages competing demands and able to deal with frequent changes or unexpected events.