Financial Associate Intern

Massachusetts Port Authority•Boston, MA

1d•Onsite

About The Position

The Massachusetts Port Authority is Going Above and Beyond for your career. We are a dynamic organization that connects people and businesses to the global community by air, land, and sea. Our employees are essential in moving planes, cargo and cruise ships safely, efficiently and sustainably. We are an economic engine, managing real estate assets where people live, work, and play. Together, the properties we own and operate generate $20 billion for the region’s economy. Administration and Finance is dedicated to effectively and responsibly planning, managing, and accounting for Massport’s financial resources. We strive to support the Authority’s overarching mission by maintaining exemplary standards of excellence, fostering financial sustainability, optimizing resource allocation, and ensuring transparency and accountability in all financial operations. Leveraging meticulous planning, efficient management, and accurate reporting, we employ data analytics and forecasting to drive informed decision-making. Through collaboration with our operating departments, we aim to empower sustained growth and success of the Authority, while contributing to the economic vitality of the region and the fulfillment of our stakeholders’ expectations. The Financial Associate Intern will assist the various sections of the Administration and Finance team with analyzing data, preparing financial reports, and learning about varied financial activities and business practices in a multi-faceted business environment to manage the corporate financial functions of a business enterprise involved in commercial and general aviation airports, container ports, cruise ships, and real estate business activities. The intern will perform interesting assignments across a wide spectrum of finance, accounting, and business activities within the department.

Requirements

Currently pursuing a Bachelors Degree in Accounting, Finance, and/or Management.
One to two years of business experience in Accounting, Finance or Business Administration is preferable.
Experience with automated/on line accounting systems.(PeopleSoft preferred)
Proficiency in Excel and working knowledge of MS Office (documents, presentation software, spreadsheets and database applications). Tableau, Hyperion also a plus.
Ability to learn new tasks with minimal supervision.
Strong analytical and communication skills.
Ability to work a 37.5-hour work week.
Must be at least 18 years of age at time of application.
Ability to pass Massport’s pre-employment-controlled substance test and background checks.

Nice To Haves

Tableau, Hyperion also a plus.

Responsibilities

Responsible for financial analysis and quality control. Reconciles various subsystems and ledgers to both internal and external data. Performs reviews and analyses of accounts.
Monitors Authority-wide monthly operating revenues and expenses by unit, conducts data analysis to document variances, performs research on industry and operational (Aviation, Maritime) metrics and administrative budget practices, and maintains and creates Hyperion budget reports.
Perform appropriate financial monitoring of the Capital Program including capital budgeting, financial coding used in the Hyperion Capital Planning system and sources of funding. Assists with financial issues & trade-offs through the use of sophisticated financial and economic analytical tools.
Monitor investment portfolio and administration of the fixed income investment management system database; monitor cash balances on a daily basis to comply with the Trust and Custodial Agreements. Performs debt issuance and administration responsibilities.
Completes contract administration activities and support for the preparation, negotiation, and management of proposals and contracts, as well as the administration of the Central Services Purchase Card (P-Card) program.
Assist with operations by effective management of Administration and Records Management. Assists with the compliance monitoring of all A&F administrative policies to improve departmental efficiency.
Completes special projects as assigned.