At the MBTA we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe reliable and accessible transportation. MBTAs Core Values are built around safety service equity sustainability and culture. Each employee that works for the MBTA performs their roles based on our vision mission and values. This includes attendance participation and contribution in local safety committee meetings as needed.
Job Summary
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 MBTAs 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.
Duties & 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 MBTAs 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 MBTAs 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 Requirements & Qualifications
- Enrolled for entire duration of employment in an accredited college / university preferably in a finance accounting or related field.
- 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.
Substitutions Include
Job Conditions:
- Ability to effectively read comprehend communicate and respond to instructions orders signs notices inquiries English.
- Be at least eighteen (18) years of age except if participating in an approved high school internship / co-op program.
- Ability to commute to assigned work locations in the Boston MA metro area as required by the role.
- Ability to provide internal and external customers with courteous and professional experiences.
- Ability to work effectively independently and as part of a diverseworkforce team (or supervise if required).
- Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers.
- Ability to adhere to rules regulations collective bargaining agreements (if applicable) and policies of the MBTA including the EEO anti-discrimination anti-harassment and anti-retaliation policies.
- Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if current student or recent graduate) including overall employment job performance discipline and safety records (infractions and/or offenses occurring after the closing of the posting and before the filling of a vacancy may preclude a candidate from consideration for selection).
- Ability to pass a Criminal Offender Record Information (CORI) check comprehensive background screening and / or medical Clinic screening potentially including physical examination and drug and alcohol screenings.
- Ability to work all shifts and / or locations assigned directed or necessary for this position including (for some transit / operations roles) up to twenty-four (24) hours per day seven (7) days per week as necessary to accommodate severe weather conditions emergencies or any other circumstances that may potentially impact service or the safety of service.
- Intern / co-op staff must be enrolled full or part-time in an accredited educational program and maintain a cumulative GPA of at least 2.5 for the entire duration of the internship / co-op. Additionally interns / co-ops must have valid work authorization and U.S. Social Security Numberprior to starting pre-employment screenings / pre-boarding working in their positions and throughout the duration of their program.
Disclaimers and Definitions:
- General Disclaimer: The statements contained in this job description are intended to describe a summary general nature and complexity of typical job functions and do not represent an exhaustive list of all duties tasks and responsibilities required of staff assigned to this position.
- Application Completion: It is each applicants responsibility to ensure application details are entered completely and correctly including updated work and education histories (past and current). Incomplete applications may not be considered. Attachments do not substitute for application fields. The recruitment team does not have access to existing employee data / history.
- Application Deadlines:Applicants should apply as soon as possible as the MBTA may stop considering applicants after a sufficiently large applicant pool is established.
- Work Environment: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. See job description for role-specific requirements.
- Work Eligibility:All employees must be legally authorized to work in the United States and on an unrestricted MBTA does not have an employer work sponsorship program. However if you have unrestricted work authorization or are sponsored by a separate entity you are welcome to all persons hired will require a U.S. Social Security Number prior to starting the position and employees will be required to complete a Form I-9 to verify their identity and eligibility to work in the U.S.
- Interviews:Candidates should ensure they arrive on time are prepared can remain for the duration and if remote are in a quiet place without distraction for the interview. Candidates who do not attend their interview without advance authorization including an email confirmation of a rescheduled time/date from Human Resources will be considered a no-show and disqualified from consideration for the position. Related to rescheduling on a one-time basis and due to something emergent you may be allowed to reschedule the addition Human Resources may require documentation supporting the request. However should you need to reschedule you will need to contact your Recruiter directly by email.
- Safety Sensitive Positions:Employees working in this classification will be subject to periodic physical examinations plus random drug and alcohol testing.
- On-call or 24/7 Positions:Employees working in this classification must be available to respond to page / text / call and report to work as determined by assigned department or the Authority.
- Essential / Emergency Staff:During declared states of emergency employees working in this classification are required to report to work for their assigned work hours or as directed by management.
- ADA Accommodations: The MBTA makes reasonable accommodations for applicants with disabilities. If you require an accommodation during this process please contact the MBTAs ADA Unit at or .
- Diversity Equity and Inclusion:The MBTA is an Equal Employment Opportunity Employer. For terms descriptions and definitions related to diversity equity inclusion veteran status and immediate family members that you may find on the application form please visit / Co-Op Benefits: Employees taking part in an internship orco-opat the MBTA are eligible to receive accrued paid sick leave as well as a monthly transportation pass based on the city from which the intern / co-opcommutes to workat no cost. However no additional benefits are currently offered for interns orco-ops.
Required Experience:
Intern
At the MBTA we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe reliable and accessible transportation. MBTAs Core Values are built around safety service equity sustainability and culture. Each employee that works for the MBTA...
At the MBTA we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe reliable and accessible transportation. MBTAs Core Values are built around safety service equity sustainability and culture. Each employee that works for the MBTA performs their roles based on our vision mission and values. This includes attendance participation and contribution in local safety committee meetings as needed.
Job Summary
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 MBTAs 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.
Duties & 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 MBTAs 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 MBTAs 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 Requirements & Qualifications
- Enrolled for entire duration of employment in an accredited college / university preferably in a finance accounting or related field.
- 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.
Substitutions Include
Job Conditions:
- Ability to effectively read comprehend communicate and respond to instructions orders signs notices inquiries English.
- Be at least eighteen (18) years of age except if participating in an approved high school internship / co-op program.
- Ability to commute to assigned work locations in the Boston MA metro area as required by the role.
- Ability to provide internal and external customers with courteous and professional experiences.
- Ability to work effectively independently and as part of a diverseworkforce team (or supervise if required).
- Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers.
- Ability to adhere to rules regulations collective bargaining agreements (if applicable) and policies of the MBTA including the EEO anti-discrimination anti-harassment and anti-retaliation policies.
- Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if current student or recent graduate) including overall employment job performance discipline and safety records (infractions and/or offenses occurring after the closing of the posting and before the filling of a vacancy may preclude a candidate from consideration for selection).
- Ability to pass a Criminal Offender Record Information (CORI) check comprehensive background screening and / or medical Clinic screening potentially including physical examination and drug and alcohol screenings.
- Ability to work all shifts and / or locations assigned directed or necessary for this position including (for some transit / operations roles) up to twenty-four (24) hours per day seven (7) days per week as necessary to accommodate severe weather conditions emergencies or any other circumstances that may potentially impact service or the safety of service.
- Intern / co-op staff must be enrolled full or part-time in an accredited educational program and maintain a cumulative GPA of at least 2.5 for the entire duration of the internship / co-op. Additionally interns / co-ops must have valid work authorization and U.S. Social Security Numberprior to starting pre-employment screenings / pre-boarding working in their positions and throughout the duration of their program.
Disclaimers and Definitions:
- General Disclaimer: The statements contained in this job description are intended to describe a summary general nature and complexity of typical job functions and do not represent an exhaustive list of all duties tasks and responsibilities required of staff assigned to this position.
- Application Completion: It is each applicants responsibility to ensure application details are entered completely and correctly including updated work and education histories (past and current). Incomplete applications may not be considered. Attachments do not substitute for application fields. The recruitment team does not have access to existing employee data / history.
- Application Deadlines:Applicants should apply as soon as possible as the MBTA may stop considering applicants after a sufficiently large applicant pool is established.
- Work Environment: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. See job description for role-specific requirements.
- Work Eligibility:All employees must be legally authorized to work in the United States and on an unrestricted MBTA does not have an employer work sponsorship program. However if you have unrestricted work authorization or are sponsored by a separate entity you are welcome to all persons hired will require a U.S. Social Security Number prior to starting the position and employees will be required to complete a Form I-9 to verify their identity and eligibility to work in the U.S.
- Interviews:Candidates should ensure they arrive on time are prepared can remain for the duration and if remote are in a quiet place without distraction for the interview. Candidates who do not attend their interview without advance authorization including an email confirmation of a rescheduled time/date from Human Resources will be considered a no-show and disqualified from consideration for the position. Related to rescheduling on a one-time basis and due to something emergent you may be allowed to reschedule the addition Human Resources may require documentation supporting the request. However should you need to reschedule you will need to contact your Recruiter directly by email.
- Safety Sensitive Positions:Employees working in this classification will be subject to periodic physical examinations plus random drug and alcohol testing.
- On-call or 24/7 Positions:Employees working in this classification must be available to respond to page / text / call and report to work as determined by assigned department or the Authority.
- Essential / Emergency Staff:During declared states of emergency employees working in this classification are required to report to work for their assigned work hours or as directed by management.
- ADA Accommodations: The MBTA makes reasonable accommodations for applicants with disabilities. If you require an accommodation during this process please contact the MBTAs ADA Unit at or .
- Diversity Equity and Inclusion:The MBTA is an Equal Employment Opportunity Employer. For terms descriptions and definitions related to diversity equity inclusion veteran status and immediate family members that you may find on the application form please visit / Co-Op Benefits: Employees taking part in an internship orco-opat the MBTA are eligible to receive accrued paid sick leave as well as a monthly transportation pass based on the city from which the intern / co-opcommutes to workat no cost. However no additional benefits are currently offered for interns orco-ops.
Required Experience:
Intern
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