Treasurer Controller Intern (Undergraduate Students)

These positions will support the Treasury, Accounting, Budget, and Capital Finance divisions of the Finance Department. The intern will participate in different stages of analysis on a variety of projects and must be knowledgeable in all stages of data collection, integration, and analysis. The intern will assist in managing financial data, ensuring regulatory compliance, and supporting large-scale budgetary and accounting projects. By performing reconciliations, reporting, and data analysis, the intern will help maintain the integrity of the MBTA’s financial systems while gaining comprehensive exposure to public sector finance.

The most qualified (or ideal) candidates would be enrolled in a Bachelors / undergraduate program in Finance, Accounting, or related field, at least one year of experience in budget / finance / accounting, and above average skills in MS Excel. We are looking to hire five (5) interns in various capacities, who will work at least 2 to 3 days in-office (40 hours per week) for three months.

Principal Duties and 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.

All interns will be expected to do the following:

• 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.

* The statements contained in this job description are intended to describe the general nature and complexity of the work being performed by staff assigned to this job and do not represent an exhaustive list of all duties, tasks, and responsibilities required of staff assigned to this position. The physical demands and work environment characteristics described here-in are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions.

Minimum Education 

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

Minimum Experience and Required Skills

• 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). The MBTA does not provide visa sponsorship, such as H1-B status.

* The above statements are intended to describe the general nature and complexity of the work being performed by staff assigned to this job and do not represent an exhaustive list of all duties, tasks, and responsibilities required.