Intern - Operational Finance - First Equipment Company

Turner Construction Company•Boston, MA

About The Position

The Operational Finance Intern participates in a structured summer internship program applying academic knowledge to real-world business scenarios. The intern develops foundational knowledge of operational finance through training in accounting fundamentals, project finance concepts, and financial systems, and supports day-to-day financial management across Accounts Receivable, Accounts Payable, General Ledger, Reconciliation, and Special Services. The role contributes to data collection, reporting, analysis, and process improvements involving budgeting, cost tracking, variance analysis, and operational performance metrics. The intern also gains exposure to AI and data tools used to support financial analysis, efficiency, and reporting. Where applicable, the assignment may support learning toward educational credits. The intern may be assigned to one construction project at a job site or to an office supporting multiple projects. The position involves training, meetings, project site visits, and other learning opportunities. The intern works with supervisors to prioritize and complete learning requirements, assigned tasks, and project deliverables, while following company policies for financial reporting, confidentiality, data governance, and safety. The work environment is generally an office or remote setting, with occasional work at construction sites. Some travel may be required, and reliable transportation is needed.

Requirements

Be enrolled in an accredited two- or four-year college or university degree program in Accounting, Finance, or a related field, with at least one year of completed coursework, or have an equivalent combination of education, training, and experience.
Be at least 18 years old to work at a construction project site.
Be willing to work a standard work week.
Have a basic understanding of Generally Accepted Accounting Principles (GAAP), such as journal entries and the general ledger.
Demonstrate interpersonal skills through leadership, campus involvement, or community activities.
Show interest in learning how finance supports construction projects and business operations, including the use of data and emerging technologies.
Take direction, listen actively, ask questions, and complete tasks by established deadlines.
Be highly organized and detail-oriented in documentation and data entry.
Have clear, professional verbal and written communication skills in English.
Be self-motivated, proactive, and eager to learn in a fast-paced environment.
Be able to work independently with guidance and collaboratively as part of a team.
Have proficient computer skills, including Microsoft Office and intermediate Excel skills, and familiarity with collaboration tools such as Teams and SharePoint.
Be willing to learn to apply AI tools to improve financial processes.
Be able to travel when required and have access to reliable transportation.
Meet the physical demands of the role, including construction-site access requirements when applicable.

Nice To Haves

Understanding of AI tools and interest in applying them to financial processes.

Responsibilities

Participate fully in the Intern Program, take ownership of learning requirements and assigned responsibilities, and coordinate with supervisors to prioritize work and complete deliverables.
Learn and apply Turner financial accounting processes, including construction accounting principles, earnings, and revenue recognition, with supervisor guidance.
Follow company and Finance policies concerning financial reporting, confidentiality, and data governance.
Develop communication, conflict resolution, direction-taking, and teamwork skills, and maintain professional relationships with colleagues, clients, and business partners.
Participate in training sessions, meetings, project site visits, and other program learning opportunities.
Review billing details against client contractual requirements and review contracts and invoice backup for Accounts Receivable accuracy.
Help validate project cost coding and compare invoices and expenses with project cost coding structures.
Support invoice processing for the Shared Services Organization; verify subcontractor and vendor account status, including lien waivers and recoded costs, to support accurate month-end work-in-place reporting.
Assist with budget analysis and cost reallocations by preparing journal entries and supporting the month-end close process.
Help monitor project cash flow, including billings, collections, and payments, and prepare payments-held reports.
Support underbilling and overbilling analysis and participate in team meetings about project status.
Use or learn AI-enabled tools and data analytics techniques for financial analysis, reporting, and process efficiency.
Contribute to process improvement initiatives and identify opportunities to apply AI and automation to standardize financial workflows, templates, and reports.
Prepare ad hoc analyses and presentations for financial reviews and management requests.
Provide periodic progress updates to the supervisor and participate in feedback conversations.
Perform other assigned activities, duties, and responsibilities.