What are the responsibilities and job description for the Accounting Intern position at Research To Practice?
This internship will be based in-office at our headquarters in Stamford, CT.
About Lockwood: We are The Lockwood Group™—a healthcare services platform built for today’s complex, fast-moving life sciences landscape. Our organization offers a comprehensive suite of capabilities, bringing best-in-class expertise in medical communications, education, animation and visualization, regulatory and clinical consulting, and market access. Powered by our network of specialized companies — Lockwood™, Random42®, IDEOlogy Health™, Research to Practice®, and Nexus Health® — we deliver science-first, insight-driven solutions that help innovators accelerate readiness, engage stakeholders, and drive impact—seamlessly, strategically, and collaboratively. Because our flexible structure provides better work-life balance, we attract the best talent, facilitate their best work, and as a result, are more responsive to our clients, wherever and whenever they do business.
Summary: The Accounting Intern will support the Accounting team with day‑to‑day accounting operations which could include Accounts Payable (AP) and/or Accounts Receivable (AR). This role is ideal for a student or early‑career professional looking to gain hands‑on experience in corporate accounting, financial processes, and internal controls.
Key Responsibilities
About Lockwood: We are The Lockwood Group™—a healthcare services platform built for today’s complex, fast-moving life sciences landscape. Our organization offers a comprehensive suite of capabilities, bringing best-in-class expertise in medical communications, education, animation and visualization, regulatory and clinical consulting, and market access. Powered by our network of specialized companies — Lockwood™, Random42®, IDEOlogy Health™, Research to Practice®, and Nexus Health® — we deliver science-first, insight-driven solutions that help innovators accelerate readiness, engage stakeholders, and drive impact—seamlessly, strategically, and collaboratively. Because our flexible structure provides better work-life balance, we attract the best talent, facilitate their best work, and as a result, are more responsive to our clients, wherever and whenever they do business.
Summary: The Accounting Intern will support the Accounting team with day‑to‑day accounting operations which could include Accounts Payable (AP) and/or Accounts Receivable (AR). This role is ideal for a student or early‑career professional looking to gain hands‑on experience in corporate accounting, financial processes, and internal controls.
Key Responsibilities
- Accounts Payable (AP)
- Process vendor invoices, ensuring accuracy, proper coding, and timely entry into the accounting system.
- Assist with three‑way matching and resolve discrepancies with internal teams or vendors.
- Prepare weekly AP aging reports and flag overdue items.
- Support the preparation of payment runs (ACH, checks, wires).
- Maintain vendor files, W‑9 forms, and ensure compliance with company policies.
- Accounts Receivable (AR)
- Generate and send customer invoices based on contracts, sales orders, or billing schedules.
- Record customer payments and reconcile AR transactions.
- Monitor AR aging and assist with collections outreach (email/phone) in a professional manner.
- Investigate and resolve payment discrepancies or short‑pays.
- Support month‑end closing activities related to AR, including reconciliations and reporting.
- General Accounting Support
- Assist with month‑end journal entries and account reconciliations.
- Help maintain organized digital and physical financial records.
- Support audits by preparing documentation and schedules.
- Participate in process improvement initiatives within the accounting department.
- Currently pursuing a Bachelor’s degree in Accounting, Finance, or related field.
- Strong attention to detail and accuracy.
- Solid understanding of basic accounting principles (debits/credits, accruals, etc.).
- Proficiency in Microsoft Excel (VLOOKUP, pivot tables a plus).
- Strong communication skills and willingness to ask questions.
- Ability to handle confidential information with professionalism.
- Hands‑on experience with real AP and/or AR processes.
- Exposure to month‑end close and financial reporting.
- Mentorship from experienced accounting professionals.
- Opportunity to develop practical skills that translate directly into full‑time accounting roles.