Accounting & Finance Intern, Rylie Manker, has spent her summer assisting with inventory audits and monthly financial forecasts.
In addition to shadowing various budget, forecast, and financial review meetings, Rylie has also heped with internal audits related to delegation of authority, access controls, purchase order closures, and more. She has been involved in monthly close activities including bank reconciliation, account reconciliation, footing of financial statements, and financial statement variance analysis. Rylie has also assisted the accounts payable team with daily invoice posting to the general ledger and weekly bank reconciliations.
As most of these activities are done monthly, Rylie will gain a solid understanding of each of her projects. She has learned a lot about corporate accounting so far. She says, “My prior experience has only been in public accounting, so this internship has been my first stepping stone into the corporate world. I look forward to the opportunities available in corporate! I also gained valuable knowledge about coal mining and power generation that I will never lose after my time here.”
This internship has shown Rylie that accounting is much more than just entering numbers—it is important work that affects the company. She has enjoyed the work she’s done and the people she’s worked with. “My superiors have made sure to make me a valuable part of the team and show how the work I do is important. My favorite part of this summer was assisting with the mine inventory audit.”
This internship has caused Rylie to reevaluate her plans; while she still plans to work in public accounting for a few years prior to becoming a CPA, she has now decided that she would enjoy working in a corporate setting after earning her CPA.