Accounting Intern

Posted 8 Days Ago
Be an Early Applicant
Southfield, MI, USA
In-Office
Internship
Transportation • Appliances
The Role
Accounting Intern supporting accounts receivable and corporate accounting through invoicing, cash application, reconciliations, journal entries, close activities, financial reporting, intercompany accounting, and audit readiness. The role provides exposure to U.S. GAAP, SEC reporting, Excel-based analysis, AI tools, and process improvement while collaborating across departments.
Summary Generated by Built In

Methode Electronics is a global leader in innovative electronic solutions, serving industries such as automotive, industrial, aerospace, and consumer electronics. With a strong commitment to engineering excellence, quality, and continuous innovation, Methode delivers cutting-edge technologies that power today’s most advanced products. Our collaborative culture and focus on professional growth empower employees to make a meaningful impact while building rewarding careers. Joining Methode means being part of a forward-thinking team that values integrity, creativity, and driving the future of technology.

 

Summary:

Methode Electronics is seeking a motivated and detail-oriented Accounting Intern to support both the Accounts Receivable and Corporate Accounting functions. This internship offers hands-on experience in customer invoicing, cash application, account reconciliations, month-end close activities, and financial reporting within a global public company environment. The intern will collaborate with cross-functional teams, gain exposure to U.S. GAAP and SEC reporting requirements, and assist with process improvements, financial analysis, and audit readiness initiatives. This role is ideal for students pursuing a career in accounting, finance, or corporate financial reporting.

Responsibilities:

  • Assist with the generation, review, and distribution of customer invoices.
  • Support cash application activities, including processing ACH, wire, and check payments.
  • Maintain organized financial records and supporting documentation to ensure audit readiness and compliance.
  • Partner with Sales, Operations, Customer Service, and Finance teams to resolve account discrepancies and support customer account management.
  • Review and reconcile outstanding debits, credits, and customer account balances.
  • Support accounts payable processes, including invoice review, voucher processing, and freight invoice approvals.
  • Assist with month-end and quarter-end close activities, including account reconciliations and financial analyses.
  • Support intercompany accounting activities, including reconciliations, loan balances, dividends, and distributions.
  • Prepare journal entries and supporting schedules under the guidance of the accounting team.
  • Assist in the preparation and consolidation of financial statements in accordance with U.S. GAAP and SEC reporting requirements.
  • Utilize Excel, reporting tools, and AI-powered technologies to improve reporting accuracy, data analysis, and process efficiency.
  • Participate in special projects and continuous improvement initiatives as assigned.

 

Qualifications:

  • Currently pursuing a Bachelor's degree in Accounting, Finance, or a related business discipline.
  • Strong interest in accounting, financial reporting, corporate finance, or accounts receivable functions.
  • Foundational understanding of accounting principles and financial statements.
  • Strong analytical, problem-solving, and quantitative skills.
  • Excellent communication, organizational, and interpersonal skills with the ability to collaborate across departments.
  • High attention to detail, accuracy, confidentiality, and time management.
  • Proficiency in Microsoft Office, particularly Excel; experience with VLOOKUPs, PivotTables, and data analysis preferred.
  • Experience using AI-powered tools such as Microsoft Copilot, ChatGPT, Claude, or similar technologies to support data analysis, reporting, research, and process improvement is a plus.
  • Ability to manage multiple priorities and work effectively in a fast-paced environment.

Note: Candidates must be authorized to work for any employer in the United States on a permanent basis post-graduation.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must occasionally lift and/or move up to 25 pounds.  Frequent hand motion and repetitive tasks including using a computer for typing.  While performing the duties of this job, the employee will occasionally do immediate reaching and overhead reaching to perform various duties, frequent standing for varied amounts of time to perform various duties, frequent walking for varied amounts of time to perform various duties.  Squat or bend to perform various duties.  Occasionally climb stairs.


Benefits and Perks:

Methode offers U.S. employees comprehensive benefits including Medical, Dental, Vision, Hearing, Life and Disability insurance, educational assistance, and paid time off benefits. Voluntary benefit plans include Accident, Hospital Indemnity, and Pet Insurance coverage. Employees also have access to valuable discount programs that can contribute to lowering costs off certain technology, automotive, and home appliance products. In addition, Methode provides an Employee Assistance Program (EAP) and participation in the Company's 401(k) plan, which includes a company contribution.


Methode Electronics is an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics per the EEO Poster available here . If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] or call (708) 867-6777 and let us know the nature of your request and your contact information.

Skills Required

  • Currently pursuing a Bachelor's degree in Accounting, Finance, or a related business discipline
  • Foundational understanding of accounting principles and financial statements
  • Strong analytical, problem-solving, and quantitative skills
  • Excellent communication, organizational, and interpersonal skills
  • High attention to detail, accuracy, confidentiality, and time management
  • Ability to collaborate across departments and manage multiple priorities in a fast-paced environment
  • Proficiency in Microsoft Office, particularly Excel
  • Experience with VLOOKUPs, PivotTables, and data analysis
  • Experience using AI-powered tools such as Microsoft Copilot, ChatGPT, Claude, or similar technologies
  • Authorization to work for any employer in the United States on a permanent basis after graduation

Methode Electronics Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Methode Electronics and has not been reviewed or approved by Methode Electronics.

  • Fair & Transparent Compensation — Pay is considered competitive or above average in several engineering and some operations roles. In certain production settings, opportunities like bid jobs can allow earnings above standard rates.
  • Healthcare Strength — Health coverage is often characterized as solid, with comprehensive medical, dental, vision, life, and disability options. Mentions of well-regarded carriers and "good" plans reinforce healthcare as a relative strength.
  • Leave & Time Off Breadth — Paid time off spans vacation, sick time, holidays, and additional personal/family hours. Feedback suggests the time-off structure is a meaningful part of total rewards.

Methode Electronics Insights

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The Company
HQ: Chicago, Illinois
2,754 Employees
Year Founded: 1946

What We Do

Methode Electronics, Inc. (NYSE: MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs utilizing our broad range of technologies for user interface, LED lighting system, power distribution and sensor applications. Our solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliance. Our business is managed on a segment basis, with those segments being Automotive, Industrial, and Interface.

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