Finance Intern
AARP
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. Compensation and Benefits The hourly range is $18 for undergraduates, $21 for graduate students, and $28 for Ph.D. candidates. Internships are non-exempt positions and are not eligible for employee benefits. 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.
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