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Summer Intern - Comptroller, Fixed Asset Accounting

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Job ID: 61369
Department: Comptroller
Location: Jersey City, NJ

Description

The Port Authority of New York & New Jersey offers paid internships, providing students with the opportunity to work with experienced professionals on assignments critical to building, operating, and maintaining transportation and infrastructure assets in New York and New Jersey. Assignments include hands-on projects where interns quickly become part of the team and help the agency with its mission of keeping the region moving. The diversity of our businesses creates a variety of opportunities for students to gain exposure to the work of a first-class public agency. 

The Comptroller’s Department is looking for a Fixed Asset Accounting to join their team!

About the Comptroller’s Department:

As a reporting department to the Chief Financial Officer, the Comptroller’s Department is a team of dedicated professionals who ensure the accuracy of the Port Authority’s finances. As part of the Comptroller’s Department team, you will gain insight and experience surrounding the agency’s financial structure and internal control processes as well as knowledge of the operations of our various lines of business, giving you extensive opportunities for a long-term career at the Port Authority. 

Under the Corporate Accounting section of the Department, the Fixed Asset Accounting Division consistently applies accounting principles to agency's fixed assets, including classifying project expenditures as either capital or operating; maintains current and historical fixed asset and investment records, and facilitates the timely transfer of work-in-progress to complete construction; and develops capital investment information to support various lease and cost recovery agreements. 

Responsibilities:

  • Research permits
  • Create assets
  • Prepare and process monthly settlements
  • Process retirements
  • Review monthly Code 5 (projects currently in suspension)
  • Prepare depreciation variance analysis 

Qualifications:

  • Enrollment in an undergraduate or graduate program through the Fall 2024 semester (August 2024 or beyond)
  • Experience with Microsoft apps such as Word, Excel, PowerPoint, Outlook, Teams, SharePoint, OneDrive, etc. 
  • Excellent written and oral communication skills
  • Interest in contributing to the success of the New York and New Jersey region
  • Interest in public service and/or transportation
  • Willingness to learn 

Desired:

  • Major in Accounting
  • Experience with SAP
  • Organizational and multi-tasking skills
  • Attention to detail
  • Ability to work independently 

Internship Details:

  • The start date will be Thursday, May 30 with an orientation that will take place at 4 World Trade Center in Lower Manhattan
  • The internship will last 12 weeks, ending on Friday, August 23
  • This is a full-time internship (generally 5 days per week at 7.25 hours of work per day plus a 45-minute break)
  • The format is expected to be hybrid (partially virtual, partially in-person at 2 Montgomery Street in Jersey City, NJ)
  • The hourly salary range is $17.20 to $28.85 (the hourly salary is determined by internship type and school year)
  • These details are subject to change 

How to Apply:

  • Click “Apply Now”
  • Follow the prompts
  • Please submit the following with your application:
    • A resume that clearly indicates your expected graduation date
    • A cover letter detailing why you want to intern at The Port Authority of New York & New Jersey 

How to Apply:

Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a resume. The Port Authority of NY & NJ welcomes veteran and military spouse applications.

Only applicants under consideration will be contacted.

About The Port Authority:

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than twenty three billion in annual wages and eighty billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.

Equal Opportunity Employer

The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.

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