Developmental Intern - Cost Accounting

Location: White Plains, NY, US

This select 12-week paid internship program begins June 2019 and ends August 2019.

Summary

The Financial Controls Intern will support the following:

• Review invoices and approvals in Process Director to ensure correct SAP purchase order number, account assignment, dollar value, approval levels, verify available funding
• Coordinate project reconciliation process with Engineers. Identify variances between SAP and Engineers associated costs.
• Prepare financial closeout of project in SAP including closeout of all contract dollar commitments, verification of 100% billing for project cost recovery, preparation of all accounting journal entries to reconcile SAP costs and final closeout memo.
• Update project closeout and reconciliation data into EE Department Project Management (Primavera)
• Provide assistance to the Analyst in developing Policies and Procedures that will detail the cost methodologies.
•  Assist Analyst in maintaining Chart of Accounts to accurately reflect current and future costs. Collaborate in documenting the cost allocation structure and framework for the direct and indirect cost allocation. 
• Provide support and assistance to special, ad hoc projects related to Cost Accounting and prepare selected management reports as needed. 

Knowledge, Skills and Abilities the intern will walk away with after this internship

 

Knowledge:

  • Working knowledge of Microsoft Office Suite (Word, Outlook, PowerPoint, and Excel).
  • Knowledge of SAP, SharePoint and Primavera.

 

Skills:

  • Strong planning and problem-solving skills
  • Interpersonal skills
  • Written and verbal communication skills

 

Abilities:

  • Ability to effectively present and communicate ideas
  • Ability to investigate, analyze and develop solutions to multi-faceted problems and complex issues 
  • Ability to work with other departments including but not limited to Accounts Payable and Accounting
  • Ability to work independently or as part of an interdisciplinary team

Education, Experience and Certifications

 

Technical Competencies:

  • Some working knowledge of Microsoft Office Suite (Word, Outlook, PowerPoint, and Excel).

 

Behavioral Competencies:

  • Demonstrate high level of personal motivation, foresight, and good judgment
  • Proactively anticipates, manages and constructively resolves conflicts, errors and disagreements by seeking advice and taking appropriate action.
  • Ability to build and maintain relationships with internal stakeholders.

 

Education Background:

  • Associate Degree in Accounting or Finance / enrolling in a Bachelor's degree program
  • 2nd or 3rd year of Bachelor’s degree for Accounting or Finance

 

The New York Power Authority is an Equal Opportunity Employer                       


Nearest Major Market: White Plains
Nearest Secondary Market: New York City