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Finance Intern

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AARP

24d ago

  • Internship
    Full-time
    Summer Internship
  • Accounting & Tax
    Banking & Finance
  • Washington

AI generated summary

  • You must be an MBA student or enrolled in a degree program, adaptable under deadlines, proficient in Microsoft Office, and have ERP/EPM familiarity. Reliable attendance and professionalism are essential.
  • You will establish vendors, draft contracts, manage payments, assist with financial reporting, support budgeting, facilitate MOUs, ensure compliance, and tackle additional projects as needed.

Requirements

  • Preference is given to students enrolled in a Master of Business Administration (MBA) program with a concentration in finance or accounting
  • Must be enrolled in a degree program at an accredited college or university; be considered a rising undergraduate junior or senior, graduate student, or post-doctoral student; and remain academically enrolled throughout the internship or must have previously graduated from college and enrolled in a continuing education program
  • Must be a self-starter and adaptable to work under tight deadlines
  • Results-driven attitude with a hunger for success
  • Technical proficiency in Microsoft Office programs
  • Familiarity with ERP (Enterprise Resource Planning) and EPM (Enterprise Performance Management) systems is a plus
  • Regular and reliable job attendance
  • Exhibit respect and understanding of others to maintain professional relationships
  • In office/open office environment with the ability to work effectively surrounded by moderate noise

Responsibilities

  • Apply business acumen and adherence to AARP’s procurement policies while establishing new vendors, drafting contractual agreements, including Statements of Work (SOWs), Sponsorship Agreements, Speaker Agreements, etc., and preparing purchase requests for procurement
  • Ensuring timely and accurate payments by preparing check requests, wire transfers, and invoice submissions to accounts payable
  • Apply financial discipline and adherence to Generally Accepted Accounting Principles (GAAP) while assisting with the monthly close process, which involves reviewing results, preparing journal entries, and reclassing entries to ensure accurate and timely financial reporting
  • Assist in the quarterly forecast and annual budgeting process
  • Facilitate execution of Memorandum of Understanding (MOU) with startups engaging in ATC’s Accelerator program
  • Ensure compliance with AARP’s Records Management Information Policies as it pertains to contracts and investment
  • Support the team on any other projects as they arise

FAQs

What type of candidates are preferred for the Finance Intern position?

Preference is given to students enrolled in a Master of Business Administration (MBA) program with a concentration in finance or accounting.

Is the internship paid?

Yes, this internship is a paid opportunity with an hourly compensation based on the candidate's education level.

When is the anticipated start date for the internship?

The internship is anticipated to start in Spring 2025 and can continue throughout the year.

Are there any specific technical skills required for this internship?

Candidates must have technical proficiency in Microsoft Office programs, and familiarity with ERP (Enterprise Resource Planning) and EPM (Enterprise Performance Management) systems is a plus.

What are the working conditions for the internship?

The internship will be in a hybrid work environment, with Mondays and Fridays designated as remote workdays.

What kind of responsibilities will the Finance Intern have?

Responsibilities include supporting business and financial operations, drafting contractual agreements, preparing payment requests, assisting with the monthly close process, and engaging with startups in the Accelerator program, among others.

Does AARP provide employment visa sponsorship for this position?

No, AARP will not sponsor an employment visa for this position at this time.

What educational level must candidates have to qualify for this position?

Candidates must be enrolled as a rising undergraduate junior or senior, graduate student, or post-doctoral student, or must have previously graduated and be enrolled in a continuing education program.

Is there a requirement for regular attendance?

Yes, regular and reliable job attendance is required for this position.

What qualities are important for a successful candidate?

A successful candidate should be a self-starter, adaptable to tight deadlines, and possess a results-driven attitude with a hunger for success.

Is AARP an equal opportunity employer?

Yes, AARP is committed to hiring a diverse workforce and sustaining an inclusive culture, and does not discriminate based on various criteria as outlined in the job description.

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AARP

Government
Industry
1001-5000
Employees
1958
Founded Year

Mission & Purpose

AARP, formerly known as the American Association of Retired Persons, is a non-profit organisation dedicated to empowering people aged 50 and older to live their best lives. Through advocacy, education, and community engagement, AARP works to address key issues such as healthcare, financial security, and social connectedness. With millions of members nationwide, AARP provides resources, information, and services to help individuals navigate the challenges and opportunities of ageing while promoting dignity, independence, and quality of life for older adults.