College Co-op: Corporate Accounting
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.
Inclusion and Belonging
At IBX, everyone can feel valued, supported, and comfortable to be themselves, and all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. Celebrating and embracing diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.
About Our Company
Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.
At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!
Equal Employment Opportunity
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.
Agency Disclaimer
All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.