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MBTA · 1 day ago

Treasurer Controller Intern (Undergraduate Students)

Boston, MA

Internship

Onsite

Intern

1+ years exp

MBTA is dedicated to providing safe, reliable, and accessible transportation. The Treasurer Controller Intern will support the Treasury, Accounting, Budget, and Capital Finance divisions, assisting in financial data management, regulatory compliance, and budgetary projects while gaining exposure to public sector finance.

AutomotiveLogisticsPublic TransportationTransportationTravel

Growth Opportunities

No H1B

Responsibilities

Treasury: This intern will support the Treasury team in applying for additional federal loans and related reporting requirements; improve reporting for post issuance compliance; help with management and oversight of $500 million debt service budget and $5 billion in outstanding debt and manage investment earnings and cash on hand. The Treasury intern will interface with MBTA banking partners, investors, and financial advisors

Accounting: This intern will prepare and reconcile balance sheet accounts, bank reconciliations, and daily cash position. They will also prepare journal entries for supervisory review, review and enter month-end accrual journal entries, and review supporting documentation for completeness and accuracy. Additionally, this intern will assist in Financial Statement Audit and Single Audit by completing requests provided by external auditors including, but not limited to, pulling invoices and time cards, running PeopleSoft queries, reviewing / analyzing Capital spend by work order / grant / funding source; and perform physical inventory counts of the MBTA’s fixed assets and / or materials inventory at various locations throughout metropolitan area

Budget Operations Finance: This intern will assist with a variety of budgeting, reporting, and analytical activities related to Operations. The intern may also assist with related special projects such as standard operating procedures, process improvements, contract reviews, and cost benefit analysis

Capital Finance & Accounting (CFA): This intern will provide analytical support to the MBTA’s capital program, with a focus on monitoring federal fund obligations / expenditures and capital project budgets. Specific responsibilities may include working closely with members of CFA and MBTA capital project teams to ensure federal grant requirements are complied with, conducting program-wide budget and expense analyses, and preparing various departmental reports, financial spreadsheets, variance reports, charts, tables, and graphs for presentations

Budget: This intern will assist with a variety of budgeting, reporting, and analytical activities. The intern may also assist with special related projects such as standard operating procedures, process improvements, contract reviews, and cost benefit analysis

Establish and maintain effective working relationships with peers

Conform to shifting priorities, demands, and timelines

Participate in team / staff meetings, organization events, fieldwork, project teams, or other duties as needed

Additional responsibilities may include focusing on one or more departments or locations. See applicable addendum or hiring manager for department or location specific functions

Perform all other duties and projects that may be assigned

Qualification

MS ExcelFinancial data managementData analysisAccounting principlesBudgetingAnalytical skillsAttention to detailCommunication skillsCollaborationOrganizational skills

Required

Enrolled, for entire duration of employment, in an accredited college / university, preferably in a finance, accounting, or related field

Above average proficiency in MS Office Suite with an emphasis on Excel (pivot tables, formulas, data visualizations, etc.)

Above average attention to detail and ability to process and organize large datasets accurately

Above average ability to communicate financial information clearly and professionally to internal teams

Proactive approach to identifying discrepancies in financial records or reporting

High level of discretion and responsibility when handling sensitive financial data

Above average ability to balance routine tasks, such as data entry, with complex analytical projects and assignments

Above average ability to collaborate effectively with colleagues and external partners

Above average analytical skills with ability to evaluate data and make recommendations

Above average familiarity with digital tools and platforms; ability to learn new systems quickly

Interest in public service, government archives, or public transportation and how it operates

Above average ability to communicate effectively in English, both in written and oral forms

Highly organized, motivated, and have great attention-to-detail

Ability to independently commute to assigned work locations in the Boston, MA metro area, as required by the role

Authorized to work in the United States (international students in CPT, STEM, or OPT programs through a university are eligible to apply)

Ability to effectively read, comprehend, communicate, and respond to instructions, orders, signs, notices, inquiries, etc. in English

Be at least eighteen (18) years of age, except if participating in an approved high school internship / co-op program

Ability to provide internal and external customers with courteous and professional experiences

Ability to work effectively, independently, and as part of a diverse workforce team (or supervise, if required)

Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers

Ability to adhere to rules, regulations, collective bargaining agreements (if applicable), and policies of the MBTA, including the EEO, anti-discrimination, anti-harassment, and anti-retaliation policies

Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if current student or recent graduate), including overall employment, job performance, discipline, and safety records

Ability to pass a Criminal Offender Record Information (CORI) check, comprehensive background screening, and / or medical Clinic screening, potentially including physical examination and drug and alcohol screenings

Ability to work all shifts and / or locations assigned, directed, or necessary for this position, including (for some transit / operations roles) up to twenty-four (24) hours per day, seven (7) days per week as necessary to accommodate severe weather conditions, emergencies, or any other circumstances that may potentially impact service or the safety of service

Intern / co-op staff must be enrolled full or part-time in an accredited educational program and maintain a cumulative GPA of at least 2.5 for the entire duration of the internship / co-op. Additionally, interns / co-ops must have valid work authorization and U.S. Social Security Number prior to starting pre-employment screenings / pre-boarding, working in their positions, and throughout the duration of their program

Benefits

Accrued paid sick leave

A monthly transportation pass, based on the city from which the intern / co-op commutes to work, at no cost

Company

MBTA

Glassdoor3.8

The Massachusetts Bay Transportation Authority, often referred to as the MBTA or simply The T, is the public operator of most bus, subway, commuter rail and ferry systems in the greater Boston, Massachusetts, area.

Founded in 1964

Boston, Massachusetts, USA

5001-10000 employees