What are the responsibilities and job description for the Credit Intern position at Sprague?
*THIS INTERNSHIP IS FOR SUMMER 2025 OUT OF OUR PORTSMOUTH, NH OFFICE*
Description
Sprague is passionate about delivering diverse products and programs that warm, power and move the world. We keep homes warm through Northeastern winters and hospitals cool through summer. We help small businesses focus on serving their communities, and our renewable fuels keep our country’s infrastructure running. From importing wind energy components to deploying leading-edge solar technology to help power terminal facilities, we are committed to continually evolving to meet our customers’ changing energy needs.
Our Culture
Sprague values innovation, safety, integrity, and people. We know that our people are what set us apart from our competition, and we work hard to make sure each employee across our 20 locations know how important they are to our organization. We recently surveyed our employees to ask them their favorite part of the job. Unanimously, they answered, "The people I work with." You are part of a team and a family at Sprague, and everyone works together to ensure both the success of the company and of the individual.
Do you like to get involved where you work? Is giving back important to you? Sprague has a range of committees to support varying initiatives (Sustainability, Charitable, Scholarship, FunForce, Innovation etc.). Sprague is a place that cares about its employees, its community, and about creating a place where people want to come to work every day.
Major Duties / Responsibilities:
- Cash Management Support: Assist in daily cash flow monitoring, forecasting, and ensuring sufficient liquidity for operational needs.
- Bank Account Reconciliation: Help reconcile the company’s bank accounts by comparing statements with internal records and reporting discrepancies.
- Credit Risk Analysis: Assist in evaluating customer creditworthiness by analyzing, credit reports, and payment history. Contact customers to obtain financial data.
- Treasury Process improvement: Assist with ongoing process improvement efforts.
- Accounts Receivable Monitoring: Help in monitoring accounts receivable, identifying overdue accounts, and assisting in the collection process.
- Financial Data Entry: Input and update financial data related to cash transactions, credit limits, and customer payment terms.
- Preparation of Reports: Contribute to the preparation of daily, weekly, and monthly treasury and credit reports for management.
- Treasury Operations Support: Provide support in treasury operations such as wire transfers, intercompany loans, and bank communication.
Education / Experience / Skill Requirements:
- Currently pursuing a degree in Business, Finance, Accounting or related field.
- Strong attention to detail and organizational skills.
- Proficient in Microsoft Excel.
- Ability to work independently and as part of a team.
Who we are:
Sprague takes a collaborative, customer-centric approach to providing best-in-class energy products and related services throughout the Northeast. Founded in 1870, we pride ourselves on offering customers the expert solutions and high-quality service that help their businesses thrive in any market landscape.
Sprague is an EEO/AA employer. We strongly encourage minorities, females, Vets and individuals with disabilities to apply.
As a federal contractor we adhere to OFCCP employment regulations. Click here for OFCCP compliance information