Accounts Payable Intern

N

New York Racing Association

Posted 3 months ago

Internship

New York, New York

Hybrid

Smart Summary

Responsibilities

The intern will handle the full cycle of accounts payable, including invoice processing, three-way matching, and vendor statement reconciliation. They will also manage vendor communications and maintain organized digital and physical financial records.

Qualifications

You are currently pursuing or have recently completed an associate or bachelor's degree in accounting/finance or a related field. You possess strong attention to detail, proficiency in Microsoft Excel, and excellent organizational and communication skills.

Must Have Skills for ATS

SAP

Microsoft Excel

GAAP

Job Description

Title: Accounts Payable Intern

Employee Status: Temporary Full Time

Work From Home Option: Hybrid - 2 Days/Week (40% Remote)

FLSA Status: Non-Exempt

Job Overview:

We are seeking an enthusiastic, detail-oriented Accounts Payable Intern to join our Accounting Department. This position offers practical experience in the full cycle of accounts payable, including invoice processing, vendor management, and payment reconciliation. The intern will work under the guidance of experienced professionals to gain hands-on exposure to accounting software and GAAP standards, supporting our team's goal of accurate and timely financial transactions.

Essential Functions:

• Invoice processing- review, verify, and enter vendor invoices into the accounting system for accuracy and proper authorization.
• Three-way matching- assist with matching vendor invoices to purchase orders and receiving documents.
• Reconciliation- assist with reconciling vendor statements and resolving outstanding balances.
• Vendor communication- monitor inbox, responding to vendor inquiries and assisting with resolving discrepancies.
• Internal communication – work with NYRA business owners to address invoice inquiries and payment questions.
• Record Maintenance – maintain organized digital and physical filing systems for invoices, payments and vendor documentation.

Qualifications:

Currently pursuing or recently completed an associate or bachelor’s degree in accounting/finance or related field.

Preferred Skills:
• Previous experience with ERP systems (e.g., SAP).
• Previous office or accounting internship experience.
• Basic understanding of accounting principles (debits/credits) and accounts payable process.

Skills Proficiency:

• Proficiency in Microsoft Excel (data entry, basic formulas, pivot tables).
• High Attention to detail and ability to enter data accurately.
• Strong organizational and time-management skills to meet deadlines.
• Excellent communication skills, both written and verbal.

Summary of Physical Requirements and Work Environment:

This role is primarily sedentary and performed in an office or office-like environment with no special physical demands required. The position involves extended periods of sitting with intermittent standing and walking, as well as occasional bending, reaching, and other routine movements typical of a professional workplace.
 The role requires regular hand manipulation, including daily typing and repetitive hand movements while working on a computer. Occasional light lifting (generally up to 10 lbs., and infrequently up to 30 lbs.) may be required.
The work environment does not typically expose the employee to hazardous conditions. There is minimal exposure to environmental hazards such as moving mechanical parts, fumes, extreme weather, or high-risk work areas. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the role.
 

Pay Range / Salary:  $23.88 - $25.97

N

New York Racing Association

The New York Racing Association, Inc. (NYRA) holds the exclusive franchise to conduct thoroughbred racing at Aqueduct Racetrack, Belmont Park and Saratoga Race Course. NYRA tracks are the cornerstone of New York State's thoroughbred industry, which is responsible for 19,000 jobs and more than $3 billion in annual statewide economic impact. Accredited by the National Thoroughbred Racing Association Safety and Integrity Alliance, NYRA is a founding member of the Thoroughbred Safety Coalition, a group of the nation’s leading racing organizations working collaboratively to advance safety measures across the sport.
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