What are the responsibilities and job description for the College Co-op: Corporate Accounting position at op: Corporate Accounting - Independence Blue Cross Careers?
About the Hiring Department:
Corporate Accounting at Independence Blue Cross (IBX) is responsible for ensuring the accuracy, integrity, and timeliness of the company’s financial reporting. The department oversees core accounting functions including general ledger, close and consolidation, statutory and GAAP reporting, internal controls, and policy compliance, while supporting strategic initiatives through sound financial analysis. Corporate Accounting partners closely with internal stakeholders to maintain strong financial stewardship and regulatory compliance in support of IBX’s mission.
Co-op Job Description:
The Corporate Accounting co‑op supports the accounting team with day‑to‑day financial activities and month‑end close processes. Responsibilities include assisting with general ledger reconciliations, preparing journal entries, supporting financial reporting (GAAP and statutory), and analyzing account variances. The co‑op also helps maintain documentation for internal controls, supports audits, and collaborates with cross‑functional teams to ensure accuracy and compliance in financial records. This role provides hands‑on experience in a regulated healthcare finance environment and exposure to core corporate accounting functions.
Required Skills:
· Understanding of basic accounting principles, including debits and credits, general ledger activity, and financial statements (accounting coursework required)
· Ability to analyze account activity, identify variances, and investigate discrepancies with strong attention to detail
· Proficiency in Microsoft Excel, including formulas, pivot tables, and basic data analysis; familiarity with accounting or ERP systems is a plus
· Strong focus on accuracy and precision when preparing reconciliations, journal entries, and financial support schedules
· Ability to manage multiple tasks, prioritize workloads, and meet deadlines, particularly during month‑end close processes
Accepted Majors:
· Finance
· Accounting
Classification:
· Junior or Senior undergraduate students
· Recent graduate (must be within one year or less of the program start date)
Minimum GPA:
· 3.5
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.