Summer Intern, Lease Accounting
About The Position
About the Internship The internship in the Lease Accounting division provides hands-on experience in supporting the annual audit process of the Airport Integrated Recovery Fees Agreements. The primary responsibility is to review expenses eligible for recovery through the Airports’ recovered fees and understand the methodologies behind these recoveries. The Lease Accounting division's core mission is to administer, calculate, and report on the financial provisions of various Aviation cost recovery agreements, manage the financial requirements associated with the Passenger Facility Charge Program and administer revenue sharing agreements between the Port Authority and various municipalities.
Requirements
- Enrollment at a college or university at the time of the internship
- Major in Accounting, Finance , Business or related discipline
Nice To Haves
- Strong organizational and multi-tasking skills
- Ability to meet deadlines, work independently and prioritize work
- Solid analytical skills
- Written and oral communication skills
- Microsoft Office software (Microsoft Excel, Word, Outlook and PowerPoint)
Responsibilities
- Develop familiarity with Airport Integrated Recovery Fees Agreements and related accounting practices
- Assist in the preparation and gathering of documents for the audit of the Airport Integrated Recovery Fees Agreements
- Review Aviation expenses to ensure appropriate use of account codes for cost recovery calculations
- Research new Aviation expenses to confirm accuracy in cost recoverability
- Forecasting annual rent payments to the City of New York and Newark based on the lease agreements
Benefits
- Ability to opt in to the New York State and Local Retirement System
- Access to Employee Business Resource Groups
- Facility Tours
- Career Panels
- Social/Networking Events
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
