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Internship

• Starts Jun 2

Summer 2024 – Intern, Ops Finance

🚀 Summer Internship

New York

AI generated summary

  • Experience in finance/accounting, strong organizational skills, ability to prioritize and work under pressure, proficiency in Excel and other Microsoft Office programs required for a summer 2024 Ops Finance internship at Vera Institute of Justice.
  • Assisting in budget preparation, analyzing expenses, pulling data from accounting systems, preparing invoices, assisting with financial reporting and forecasting, reviewing payment requests, preparing audit schedules and documentation, learning finance policies, procedures, and systems, attending meetings, and working on special projects.

Summer Internship

Banking & FinanceNew York

Description

  • Vera’s Finance Department is responsible for managing and protecting the financial resources of the Institute, as well as maintaining the integrity of the books and records. 
  • The Finance intern will assist the finance team in preparing external and internal budgets, gathering backups for invoices to funders, assisting with information needed to prepare requests for modification/extensions and assisting in various special projects. The finance intern will also assist the accounting team in gathering data requested during audit, reviewing accounts payable (AP) backups before are processed by the Lead Accountant and assisting in any special projects. This person will also learn about our policies and procedures as well as the systems and tools used in the department.   

Requirements

  • Demonstrated experience and interest in finance and accounting
  • Strong organizational and communication skills, and the ability to organize, prioritize, multi-task, and work under deadlines.
  • Knowledge, Skills, & Abilities you'll bring:
  • Knowledge of Excel; of other Microsoft Office Suite programs Outlook and Word.

Education requirements

Currently Studying
Undergraduate

Area of Responsibilities

Banking & Finance

Responsibilities

  • Assisting in preparing external and internal budgets as well as preparing invoices for external funders:
  • Attending meetings with the financial analysts to learn which budget categories are needed and/or required based on the project scope of work and financial guidance.
  • Learning how to pull the required data from our accounting system and updating the internal workpapers.
  • Analyzing the general ledger to ensure the expenses allocated to the project are allowable.
  • Pulling any required backup documentation such as payroll registers, timesheets, and vendor invoices.
  • Preparing a journal import, if necessary.
  • Financial planning and forecasting
  • Assist with preparing month-end financial reports.
  • Assist in the forecasting and planning process in Adaptive.
  • Accounts payable:
  • Assisting the Lead Accountant and the AP Assistant in reviewing the backup documentation included with the payment requests.
  • Fiscal year 2024 audit:
  • Assisting the department in preparing schedules and pulling any documentation requested by Vera’s external auditors.
  • Finance policies, procedures, and systems
  • Learning our travel policies.
  • Getting familiarized and understanding fiscal policies for our various funders.
  • Learning Abila and Adaptive.
  • Learning how to use the internal fiscal and accounting templates.
  • Steps for creating project segments (unique award identifier) and setting them up in our various systems.
  • Steps for creating and assigning timecard codes to employees.
  • Other fiscal assignments:
  • Attending monthly meetings with the financial analysts and taking notes.
  • Special projects

Details

Work type

Full time

Work mode

hybrid

Start date

Jun 2, 2024

Location

New York