Description
About the Internship
The internship in the Lease Accounting division provides hands-on experience in supporting the annual audit process of the Airport Integrated Recovery Fees Agreements. The primary responsibility is to review expenses eligible for recovery through the Airports' recovered fees and understand the methodologies behind these recoveries. The Lease Accounting division's core mission is to administer, calculate, and report on the financial provisions of various Aviation cost recovery agreements, manage the financial requirements associated with the Passenger Facility Charge Program and administer revenue sharing agreements between the Port Authority and various municipalities.
Responsibilities
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- Develop familiarity with Airport Integrated Recovery Fees Agreements and related accounting practices
- Assist in the preparation and gathering of documents for the audit of the Airport Integrated Recovery Fees Agreements
- Review Aviation expenses to ensure appropriate use of account codes for cost recovery calculations
- Research new Aviation expenses to confirm accuracy in cost recoverability
Minimum Qualifications
- Enrollment at a college/university through Summer 2025 and into the Fall 2025 semester
- Major in Accounting, Finance, Business or related majors
- Open to undergraduate and graduate students; open to any school year
Desired Qualifications
- Strong organizational and multi-tasking skills.
- Ability to meet deadlines, work independently and prioritize work.
- Solid analytical skills
- Written and oral communication skills.
- Microsoft Office software (Microsoft Excel, Word, Outlook, and PowerPoint
Internship Details
- The start date will be Thursday, May 29, 2025
- The internship will last approximately 12 weeks, ending on Friday, August 22, 2025
- This is a full-time internship (5 days per week at 7.25 hours per day)
- The format is expected to be hybrid
Selection Process
- Only applicants under consideration will be contacted
- If selected to move forward, the hiring team will reach out directly to schedule 1-2 interviews
- Different internships will have different timelines for interviews
Compensation & Benefits
- The hourly rate range is $20.70 to $27.21 (the exact rate will be determined by internship type and rising school year)
- Ability to opt in to the New York State and Local Retirement System
- Access to Employee Business Resource Groups
- Facility Tours
- Career Panels
- Social/Networking Events
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.