Accounting Training Program

photo of three trainees in discussion

At this time, resumes are not being accepted, but opportunities may become available in the future. Please continue to visit this Web site for updated information and career opportunities.

About the Program

The Port Authority's Accounting Trainee Program seeks highly motivated individuals who are eager to pursue a professional career in accounting. The Accounting Training Program is designed to provide participants with a framework for growth and opportunity and to prepare them for further advancement into managerial positions of increased responsibilities in the accounting and finance areas.

Successful applicants rotate over an 18-month period through three different divisions within the Comptroller's Department. Assignments are designed to provide successful applicants with an overview of the Port Authority's financial and accounting processes and procedures and the diversity of its operations. As part of this program, you will work under the direction of professional accountants on assignments such as:

  • Interacting with other Port Authority departments as well as private-sector business partners on accounting matters
  • Working with the Port Authority's external auditors
  • Preparing monthly, quarterly and year-end financial statements
  • Recording and monitoring the receipt of revenues, debt obligations and capital investment
  • Performing balance-sheet analyses to support financial schedules and statements
  • Analyzing financial results
  • Administering the financial provisions of cost recovery and revenue-sharing agreements
  • Researching accounting standards
  • Payroll processing, control and reporting

About the Comptroller's Department

The Comptroller's Department, which is located in the Journal Square Transportation Center in Jersey City, NJ, ensures the continued financial integrity of the Port Authority by installing and managing an effective and efficient system of internal accounting controls; by providing the public, oversight bodies, the Board and executive management with timely, accurate and useful financial information to facilitate business decisions; and by providing day-to-day support to our customers, as well as our tenants, vendors, employees and all Port Authority departments. The department maintains a comprehensive system of accounts and records in accordance with generally accepted accounting principles, which support assets totaling nearly $24 billion and annual revenues and expenses of $3 billion and $2 billion respectively. The functional areas within the Comptroller's Department include financial accounting and reporting, fixed asset accounting, lease accounting, revenue accounting, payroll accounting, accounts payable, expenditure review and general ledger management.

Selection Process

Accounting Trainees will be selected based on academic achievement, analytical and communication skills and work experience.

Benefits

The Port Authority of New York and New Jersey offers a competitive compensation and benefits program, including health, dental, life insurance, vacation, holidays and tuition assistance.

Program Eligibility and Application Requirements

Candidates must possess a strong work ethic and a willingness to learn, and must be flexible and committed to quality public service. Candidates should possess a record of academic achievement in the area of accounting, and must demonstrate excellent problem-solving, analytical, quantitative, written and oral communication and interpersonal skills with a strong customer-service orientation and political acumen.

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