Description
About the Internship
The mission of the Management and Budget Department (MBD) is to provide financial and budgetary tools, analysis and advice to support optimal allocation of the agency's financial, physical, and human resources. This is performed by managing the Port Authority's annual budget process, analyzing the agency's financial capacity analysis to support capital planning and decision making, evaluating new and existing resources and programs for efficiency and conformance with management objectives and financial strategies, and providing centralized financial oversight and reporting for all grants to the Port Authority, and disbursements from agency regional funding programs.
The Budget Performance and Analysis (BPA) unit within MBD works to continuously assess and inform all levels of PA management, including the Board, of the overall financial and operating results of all departments and offices compared to the authorized budget, ensuring the agency's financial performance, and validating operating and capital funding requirements. The main responsibilities of the BPA team include monthly financial performance reporting, resource allocations and the development of a fiscally sound annual budget in collaborative fashion with Departments.
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Responsibilities
- Attending departmental daily/weekly meetings and provide a fresh perspective by reviewing and suggesting improvements on materials such as charts, graphs, and other data analytics.
- Meetings would include the Monthly Financial results, Budget briefings, Target discussions, etc.
- Providing assistance to all levels of staff within MBD on various management, budgeting and financial-related information, conduct various analyses, and reviews.
- Working and supporting the BPA team in various projects such as the review of requests for resources (positions, vehicles, authorization), workload and overtime analysis, and other ad-hoc analyses.
Minimum Qualifications
- Enrollment at a college/university through Summer 2025 and into the Fall 2025 semester.
- Major in Business, Finance, Accounting, or a related field
Desired Qualifications
- Proficient in Microsoft Office applications such as Excel, Word, and PowerPoint.
- Be willing to work in a fast-paced environment and partner with different teams in the Management and Budget Department.
- Attention to detail, the ability to multi-task and work both independently or in a group.
- Ability to communicate effectively both orally and in writing to interpret information, resolve problem areas, conduct meetings/briefings, and interface with all levels of staff and management.
- Genuine interest in contributing to the success of the New York/New Jersey region
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 $17.63 to $29.57 (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.