Accounts Receivable​/Accounts Payable Intern

Accounts Receivable/Accounts Payable Intern

The Accounts Receivable/Accounts Payable (AR/AP) Intern will support the Accounting team by assisting with daily financial operations and administrative accounting functions. This internship provides hands-on experience in corporate accounting, exposure to financial systems, and opportunities to develop professional skills in a fast-paced business environment. The intern will work closely with accounting professionals while gaining practical knowledge of accounts payable, accounts receivable, and month-end accounting processes.

• Assist with reconciling vendor statements and identifying discrepancies.
• Support the processing and billing of received purchase orders.
• Research and follow up on outstanding vendor prepayments.
• Maintain accurate vendor records and documentation.
• Assist with invoice review and data entry activities.

• Apply and post incoming customer payments accurately and timely.
• Assist with CSV payment uploads and payment processing.
• Gather supporting documentation for short-paid invoices and payment discrepancies.
• Help maintain customer account records and payment histories.
• Assist with collections-related research as needed.

• Perform data entry and maintain electronic and physical accounting records.
• Assist with month-end close activities and account reconciliations.
• Support process improvement initiatives and special projects.
• Prepare reports and documentation as assigned.
• Collaborate with team members to ensure accuracy and efficiency in accounting processes.

• Gain hands-on experience with accounts payable and accounts receivable processes.
• Learn to work within an ERP system, including Net Suite.
• Develop advanced Excel skills and improve financial data analysis capabilities.
• Enhance organizational, problem-solving, and professional communication skills.
• Gain exposure to corporate accounting practices and financial controls.

• Currently pursuing a degree in Accounting, Finance, Business Administration, or a related field.
• Basic understanding of accounting principles and financial terminology.
• Strong attention to detail and organizational skills.
• Proficiency in Microsoft Office, particularly Excel.
• Ability to handle confidential information with professionalism.
• Strong written and verbal communication skills.
• Ability to work independently and as part of a team.

• Demonstrate a working knowledge of AR/AP processes and accounting workflows.
• Successfully contribute to day-to-day accounting operations.
• Develop proficiency in Excel and Net Suite.
• Strengthen analytical, organizational, and professional communication skills.
• Gain valuable real-world accounting experience in a business environment.

$20.00 per hour

Newbury Franklin Industrials ("NFI") is the data-driven industrial manufacturing and distribution platform of Newbury Franklin, a private equity firm focused on long-term holdings. NFI's team is comprised of hungry, growth-oriented professionals who thrive on making a direct impact and driving measurable results across our expanding portfolio of companies.

Our diversified family of manufacturing, distribution, and e-commerce businesses operates with a strategic growth mindset, seeking opportunities to scale operations and capture market share while delivering on promises to our customers. NFI's long-term strategy centers on building an industrial powerhouse through both organic expansion and strategic acquisitions, powered by a team that embraces challenge and delivers on ambitious goals.

Are you currently enrolled in a degree program in Accounting, Finance, Business Administration, or a related field? *

How would you describe your proficiency level with Microsoft Excel? *

Do you have any prior experience working with an ERP or accounting software system (e.g., Net Suite, Quick Books, SAP, or similar)? *

Referral code from a current employee If no code provided, add their name instead.