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Accounting Intern

Job Description

THE SELECTED CANDIDATE WILL BE OFFERED A SALARY OF $19.00 PER HOUR.

The Administration for Children’s Services (ACS) protects and promotes the safety and well-being of children and families through child welfare and juvenile justice services and community supports. ACS manages community-based supports and foster care services and provides subsidized childcare vouchers. ACS child protection staff respond to allegations of child maltreatment. In juvenile justice, ACS oversees detention, placement, and programs for youth in the community.

ACS’ Division of Financial Services (DFS) is responsible for supporting, planning, implementing, and monitoring the fiscal functions of the agency in accordance with City, State and Federal guidelines. Within DFS, the Audit Department oversees and monitors the financial health of contracted provider agencies and identify areas of financial risk. DFS is looking for a highly motivated and detail-oriented Accounting Undergraduate Intern to join our team.

As an Accounting Undergraduate Intern, you will support the Audit & Risk Management Unit in day-to-day tasks, monitor the progress of audit unit activities, and complete program audits that includes closeouts, appeals, repayments. This internship offers an excellent opportunity to gain exposure to various aspects in program auditing, government systems, and financial analysis.


Key Responsibilities:

- Assist in billing and collection of amounts due to ACS

- Assist in coordinating the processing of amounts due from ACS

- Support preparation of monthly status reports, and monitoring and updating of progress trackers

- Generate reports in financial information systems (Passport, Financial Management System (FMS) and Payment Management Reporting System (PMRS)), as needed

- Conduct data analyses upon request via excel

Learning Outcomes:

- Gain a hands-on understanding of audit closeouts in a government setting

- Acquire and develop abilities to analyze financial data to assist with decision-making

- Learn how to use government financial systems, such as Passport, FMS, and PMRS


ADDITONAL INFORMATION:

Section 424-A of the New York Social Services Law requires an authorized agency to inquire whether a candidate for employment with child-caring responsibilities has been the subject of a child abuse and maltreatment report.


TO APPLY:

- You must be an undergraduate and must either be currently enrolled in a college or university or must have graduated within one year of the current program year.

- Interested candidates should submit their resume by visiting: https://cityjobs.nyc.gov and search for Job ID#708335

- NO PHONE CALLS, FAXES OR PERSONAL INQUIRIES PERMITTED

- NOTE: ONLY CANDIDATES UNDER CONSIDERATION WILL BE CONTACTED

SUMMER COLLEGE INTERN - 10234

Qualifications

As of June of the Program year the prospective interne must be a student matriculated in a college or be a recent college graduate (winter/spring term of the Program year).
NOTE: Appointment to this title is only valid for the duration of the Program, June - August each year.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

Average salary estimate

$39520 / YEARLY (est.)
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$39520K
$39520K

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What You Should Know About Accounting Intern, City of New York

If you’re looking to kick-start your career in accounting, the Administration for Children’s Services (ACS) in New York City has an exciting opportunity for you as an Accounting Undergraduate Intern! For a competitive pay rate of $19.00 per hour, you’ll be diving deep into the fascinating world of financial systems while supporting the Audit & Risk Management Unit. ACS is known for its vital role in safeguarding children and families, and your contributions will be key in ensuring the financial health of contracted provider agencies. In this role, you’ll assist with various critical tasks like billing, processing amounts due, and generating financial reports using systems like Passport and FMS. You won’t just be crunching numbers; this internship is a perfect blend of hands-on experience and exposure to government operations. You'll enhance your analytical skills by conducting data analyses and monitoring progress trackers as part of your day-to-day activities. Best of all, you can look forward to gaining valuable insights into the intricate process of audit closeouts within a governmental framework. This is not just an internship; it’s an incredible opportunity to learn and grow while contributing to an essential mission. So if you’re a motivated accounting undergraduate eager to learn and make a difference, don’t hesitate to apply and take your first steps into the world of accounting with ACS!

Frequently Asked Questions (FAQs) for Accounting Intern Role at City of New York
What are the main responsibilities of the Accounting Intern at ACS?

As an Accounting Undergraduate Intern at the Administration for Children’s Services (ACS), your main responsibilities will include assisting in billing and collections, coordinating the processing of amounts due from ACS, preparing monthly status reports, and generating reports using financial information systems such as Passport and FMS. You'll also be expected to support data analysis upon request, making your role pivotal in ensuring financial oversight.

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What qualifications do I need to apply for the Accounting Intern position at ACS?

To be eligible for the Accounting Undergraduate Intern at ACS, you must be currently enrolled in a college or university or have graduated within the past year. A strong understanding of financial principles and good analytical skills will greatly enhance your effectiveness in this role, so it's ideal if you’re pursuing or have completed a degree in accounting, finance, or a related field.

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What software will I get to work with as an Accounting Intern at ACS?

During your internship with ACS as an Accounting Undergraduate Intern, you will have the opportunity to work with several key financial information systems, including Passport, the Financial Management System (FMS), and the Payment Management Reporting System (PMRS). Becoming familiar with these systems will provide you with valuable experience in governmental financial operations.

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What learning outcomes can I expect from the Accounting Internship at ACS?

The Accounting Undergraduate Intern position at ACS offers remarkable learning outcomes, such as acquiring a hands-on understanding of program auditing, learning about government financial systems, and developing the ability to analyze financial data effectively for decision-making. This exposure can be immensely beneficial for your future career.

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Is this Accounting Internship at ACS a paid position?

Yes, the Accounting Undergraduate Intern position at the Administration for Children’s Services offers a competitive salary of $19.00 per hour. This compensation reflects ACS's commitment to providing meaningful opportunities for students to gain practical experience while supporting their operations.

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Common Interview Questions for Accounting Intern
What interests you about the Accounting Intern position at ACS?

When answering this question, highlight your passion for accounting and public service. Explain how the mission of ACS aligns with your values and your eagerness to learn about auditing processes within a government setting.

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Can you describe your experience with financial analysis?

Talk about any relevant coursework or projects where you analyzed financial data. If you’ve used Excel or other software for data analysis, be sure to mention that, as it relates closely to the role of Accounting Intern at ACS.

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How do you prioritize your tasks when managing multiple responsibilities?

Demonstrate your organizational skills by describing a system you use for prioritizing tasks. Mention tools or methods for tracking deadlines and ensuring that critical tasks are completed on time.

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What do you understand about the role of auditing in a government agency?

Discuss the importance of auditing in maintaining transparency and accountability in government operations. Cite specific examples of how auditing can help in identifying areas of financial risk and improving fiscal health.

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How comfortable are you with using financial management systems?

If you have experience using financial software, describe that experience. If not, express your willingness to learn and how you adapt quickly to new technologies, emphasizing any relevant skills that might transfer to financial management systems.

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Describe a time when you had to analyze complex information.

Provide a specific example where you successfully analyzed complex data or reports. Explain your approach, the tools you used, and the outcomes of your analysis.

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What is your understanding of tax laws and compliance?

While this role may not require in-depth tax knowledge, it's good to demonstrate any foundational understanding you have regarding tax regulations, particularly how they may impact financial operations in a government context.

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Why do you think teamwork is important in auditing?

Highlight that auditing often relies on collaboration, emphasizing how teamwork leads to more thorough and effective results. Cite examples of successful teamwork from your past experiences.

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What skills do you believe are critical for an accounting intern?

Reflect on skills such as attention to detail, analytical thinking, and communication. Explain how these skills can enhance both the internship experience and contributions to the Audit & Risk Management Unit.

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Can you discuss a challenging situation you encountered and how you handled it?

Share a specific challenge relevant to finance or teamwork and describe your thought process and actions. This will show employers your problem-solving abilities along with your resilience.

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DATE POSTED
March 27, 2025

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