Audit & Tax Intern: Spring 2027 - Illinois

Are you ready to take your professional journey to new heights?  

The Vrakas CPAs + Advisors team is seeking a Spring 2027 Audit & Tax intern to bring their unique spark to our talented team in our downtown Chicago office.

The Vrakas CPAs + Advisors internship program provides all interns with an introduction to both audit and tax. As an intern, you will gain hands-on experience working on real-world projects within multiple industries and learn more about the day-to-day responsibilities in both our audit and tax departments. At Vrakas, we strive to create an environment structured around providing personalized learning opportunities for all interns, ensuring that everyone has a positive and beneficial internship experience. As part of creating that type of environment, each intern is assigned a peer mentor who will help tailor and personalize the internship experience to each intern’s specific needs and goals.

If you’re a self-starter, eager to carve out your career path at your own pace and be a key player in propelling our firm to new heights, then you might be the perfect fit for our team.  At Vrakas, we’re not just filling a position; we’re crafting a one-of-a-kind career opportunity tailored to your needs. 

The following responsibilities, opportunities, and requirements for this position are as follows: 

Responsibilities

The audit responsibilities will include performing procedures to verify the accuracy of various financial statement accounts, including cash and bank reconciliations, accounts payable and receivable, prepaid expenses, inventory, property and equipment, accrued expenses, and job cost testing. Interns will be part of teams that perform assurance services both remotely and on-site at our clients’ headquarters, working directly with controllers, chief financial officers, and business owners during the term of the engagement.

The tax responsibilities will include preparing various tax returns, including corporate, partnership, and individual returns. Interns will also have the opportunity to prepare Form 1099 information returns and personal property tax returns. In conjunction with preparing these returns, interns will develop experience in various tax planning and research projects. Interns will be a part of teams that perform tax services at the Brookfield, Kenosha, and Madison offices.

Our interns are trained in various computer software applications, including, but not limited to, Excel, Word, ProSystem fx (Workpaper, Trial Balance, and Tax Preparation software), CCH Fixed Assets, and T-Value amortization.

Position Details

• Paid, in-person internship
• Location(s): opportunities in Chicago, IL
• Audit & Tax duties
• The schedule and hours will be dependent on academic schedules
• Start Date: January 4, 2027
• End Date: April 15, 2027
• Primetime amenities:
  • Personal office space
  • Collaborative workspace
  • Provided electronics
  • Snacks and refreshments
  • Firm lunches

Requirements

• Enrolled as a student, working towards your bachelor’s degree in accounting, finance, or a related field.
• 3.0 GPA or higher
• Pursuing credit eligibility to sit for the CPA exam, per state requirements
• Proficient with Microsoft Windows and Office products
• Efficient coursework that provides general knowledge of accounting principles and/or regulations
• Willingness to learn new skills and programs
• Strong verbal/written communication and interpersonal skills
• Passion for doing impactful work, professionalism, integrity, and dependability
• Authorized to work in the United States without sponsorship permanently

As a certified public accounting firm, we believe in engaging all team members with our clients, allowing you to grow as a business advisor while honing your accounting and leadership skills. The estimated hourly range for this role is $28 to $38/hr. Individual salaries are determined after consideration of numerous factors, including but not limited to the candidate’s qualifications, experience, skills, and geography. At Vrakas, we are proud to be fiercely independent in our mission to stand tall as one of the Midwest’s largest locally owned CPA firms.  

Intrigued? Dive deeper into this exciting opportunity by applying below or contacting our Director of Talent, Tara Tomter.