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Finance Intern

AARP • INTERN • Washington, DC • $18 - $28 / hour • 3w ago

Finance Intern

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6411
Washington, DC, United States
Finance
Intern
No
0-5%
$18.00 - $28.00 Hourly

Job Description

Overview

AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health and financial security, and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest-circulation publications, AARP The Magazine and the AARP Bulletin.

AARP Innovation Labs is connecting the leading AgeTech startups, most forward-thinking investors, enlightened enterprises and creative testbeds in a collaborative space designed to generate big new ideas and send thriving products into a global economy worth more than $45 trillion.

Are you a finance student looking to gain practical experience working with a results-driven, innovative culture supporting business and financial operations? AARP Innovation Lab’s Finance Team is looking for you! As a finance intern, you will join the AgeTech Collaborative™ (ATC) from the AARP® ecosystem team supporting business and financial operations. This paid internship is an excellent opportunity to learn the procurement processes and financial functions within a large non-profit organization. The candidate will have the opportunity to learn about the AgeTech space and some promising AgeTech innovations and solutions impacting the $45T longevity economy, making aging easier for everyone. This paid internship is anticipated to start in Spring 2025 and can continue throughout the year.

Responsibilities

Responsibilities include supporting business and financial operations with the following:

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
Ensurce 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

Qualifications

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

AARP will not sponsor an employment visa for this position at this time.

Additional Requirements

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

Hybrid Work Environment

AARP observes Mondays and Fridays as remote workdays, except for essential functions. Remote work can only be done within the United States and its territories.

Equal Employment Opportunity

AARP is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. AARP does not discriminate on the basis of race, ethnicity, religion, sex, color, national origin, age, sexual orientation, gender identity or expression, mental or physical disability, genetic information, veteran status, or on any other basis prohibited by applicable law.