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Summer Intern, Lease Accounting

The Port Authority of New York & New Jersey
Jersey City, United Statesfull_timeVerifiedPosted 3 Dec 2025
💰 $60,000/yr($36,000/yr – $60,000/yr)

About the role

About the Internship

 

The internship in the Lease Accounting division provides hands-on experience in supporting the annual audit process of the Airport Integrated Recovery Fees Agreements. The primary responsibility is to review expenses eligible for recovery through the Airports’ recovered fees and understand the methodologies behind these recoveries. The Lease Accounting division's core mission is to administer, calculate, and report on the financial provisions of various Aviation cost recovery agreements, manage the financial requirements associated with the Passenger Facility Charge Program and administer revenue sharing agreements between the Port Authority and various municipalities.

 

Responsibilities

  • Develop familiarity with Airport Integrated Recovery Fees Agreements and related accounting practices
  • Assist in the preparation and gathering of documents for the audit of the Airport Integrated Recovery Fees Agreements
  • Review Aviation expenses to ensure appropriate use of account codes for cost recovery calculations
  • Research new Aviation expenses to confirm accuracy in cost recoverability
  • Forecasting annual rent payments to the City of New York and Newark based on the lease agreements

 

Minimum Qualifications

  • Enrollment at a college or university at the time of the internship
  • Major in Accounting, Finance, Business or related discipline

 

Desired Qualifications

  • Strong organizational and multi-tasking skills
  • Ability to meet deadlines, work independently and prioritize work
  • Solid analytical skills
  • Written and oral communication skills
  • Microsoft Office software (Microsoft Excel, Word, Outlook and PowerPoint)

 

Internship Details

  • The start date will be Thursday, May 28, 2026
  • The internship will last approximately 12 weeks, ending on Friday, August 21, 2026
  • This is a full-time internship (5 days per week at 7.25 hours per day)
  • In accordance with Port Authority policy, this position permits interns to work remotely a maximum of one day per week. In person collaboration is essential to how the Port Authority conducts business and regular in-office days or team collaboration days may be required depending on business needs. Some internships may require interns to be fully in-person.

 

Selection Process

  • Only applicants under consideration will be contacted
  • If selected to move forward, the hiring team will reach out directly to schedule 1-2 interviews
  • Different internships will have different timelines for interviews

 

Compensation & Benefits

  • The hourly rate range is $18.07 to $30.31 (the exact rate will be determined by internship type and rising school year)

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Company

The Port Authority of New York & New Jersey

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