Financial Associate Intern

M

Massachusetts Port Authority

Posted 2 months ago

Internship

Boston, Massachusetts

In Person

Smart Summary

Responsibilities

The intern will assist the Administration and Finance team with financial analysis, data reconciliation, and the preparation of financial reports. They will also support capital budgeting, contract administration, and the monitoring of operating revenues and expenses.

Qualifications

You are currently pursuing a Bachelor's Degree in Accounting, Finance, or Management and possess one to two years of business experience in a related field. You have a strong proficiency in Excel and working knowledge of MS Office, with experience in automated accounting systems and financial reporting tools being a plus.

Must Have Skills for ATS

Excel

MS Office

PeopleSoft

Tableau

Hyperion

Job Description

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. 

ESSENTIAL JOB 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.

EDUCATION

  • Currently pursuing a Bachelors Degree in Accounting, Finance, and/or Management.

EXPERIENCE

  • 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.

WORK SCHEDULE AND OTHER REQUIREMENTS

  • This position is based at our Logan Office Center.
  • 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.

WHAT WE OFFER

Collaboration with colleagues at all levels of leadership from all different disciplines, from Aviation to Maritime and beyond. Every day is different at Massport and the breadth of our impact on the Massachusetts region through our facilities provides many opportunities for our employees to grow, learn, and explore the many areas of our business.  Our business is all about connecting.  We support and take pride in the employees that make those connections possible each and every day. 

  • Work/life balance
  • A supportive and inclusive culture
  • Opportunities for growth
  • Providing safe, healthy, and secure work environment
  • Supporting the people and businesses of New England
  • Achieving results and having positive impact
  • Being good neighbors in the communities we serve
  • Protecting the environment

M

Massachusetts Port Authority

At the Massachusetts Port Authority (Massport), we connect Massachusetts and New England to the world—safely, securely, and efficiently. We are driving advancements in transportation, safety, customer service, environmental management and economic growth in the Commonwealth. We are committed to being good neighbors and strengthening community engagement, striving daily to be good stewards of the Commonwealth. Massport operates Boston Logan International Airport, Worcester Regional Airport, Hanscom Field, Conley Container Terminal and Flynn Cruiseport Boston, and manages over 450 acres of maritime industrial and commercial mixed-use property along the Boston Waterfront. We generate over $20 billion in economic value annually and support more than 100,000 jobs. Our ambitious goal is to achieve Net Zero by 2031, coinciding with our 75th anniversary. Our business is all about connecting. We support and take pride in the employees that make those connections possible each and every day.
Runway Icon
Boost Your Interview Chances

With Runway

See Your Fit for This Role

1-5 min

Your Score

?

Top Applicants

90%

Your Job Search Advantage

Key Gaps & Next Steps:

Address these in your resume & Interview

Top Strengths For This Role

Highlight these in your cover letter & interview

Your Interview Guide

A Personalized Interview Strategy

Freshest Opportunities

Never Miss a Good Fit

Get notified when jobs mach your criteria