Summer Intern, Management & Budget

Port Authority of NY & NJ•New York, NY

12d•$18 - $30•Hybrid

About The Position

About the Internship The mission of the Management and Budget Department (MBD) is to provide financial and budgetary tools, analysis and advice to support optimal allocation of the agency’s financial, physical, and human resources. This is performed by managing the Port Authority’s annual budget process, analyzing the agency’s financial capacity analysis to support capital planning and decision making, evaluating new and existing resources and programs for efficiency and conformance with management objectives and financial strategies, and providing centralized financial oversight and reporting for all grants to the Port Authority, and disbursements from agency regional funding programs. The Budget Performance and Analysis (BPA) unit within MBD works to continuously assess and inform all levels of PA management, including the Board, of the overall financial and operating results of all departments and offices compared to the authorized budget, ensuring the agency’s financial performance, and validating operating and capital funding requirements. The main responsibilities of the BPA team include monthly financial performance reporting, resource allocations and the development of a fiscally sound annual budget in collaborative fashion with Departments.

Requirements

Enrollment at a college or university at the time of the internship
Major in Business, Finance, Accounting, or related discipline

Nice To Haves

Proficient in Microsoft Office applications such as Excel, Word, and PowerPoint.
Willing to work in a fast-paced environment and partner with different teams in the Management and Budget Department.
Attention to detail, the ability to multi-task and work both independently or in a group.
Ability to communicate effectively both orally and in writing to interpret information, resolve problem areas, conduct meetings/briefings, and interface with all levels of staff and management.

Responsibilities

Attend departmental daily/weekly meetings and provide a “fresh” perspective by reviewing and suggesting improvements on materials such as charts, graphs, and other data analytics. Meetings will cover a variety of topics including monthly financial results, Budget target discussions, Budget briefings, etc.
Provide assistance to all levels of staff within MBD on various financial management, planning, and budgeting information, and conducting various analyses and reviews.
Work and support the BPA team in various projects such as the review of requests for resources (positions, vehicles, authorization), workload and overtime analysis, and other ad-hoc analyses.