Treasury Intern

The New Era Internship Program is a disruptive & diverse opportunity that delivers an elite & authentic experience for students. The program provides meaningful & impactful work that will add real value to our strategic initiatives. New Era Interns will be geared up to become the best version of themselves & learn how to become progressive in whichever career path they choose.

Summer 2025 Internship Snapshot

• The Internship program is a full-time (40 hours) paid opportunity running from May 21 - August 13, 2025
• In addition to your projects and tasks, New Era Interns will experience:
  • Community Service Day
  • Team Building Day
  • Professional Development (Learning Sessions, Resume Review, Career Pathing Sessions, Mock Interviews)
  • End of Internship Group Celebration (After you crush the internship, let's celebrate)

The Opportunity at Hand

The role of the Treasury Department Intern is an integral member of the Global Finance team adding value through assisting with cash and liquidity forecasting in addition to participating in cross-departmental projects to enhance overall finance operations.

Projects & Tasks

• Cash Position Monitoring:
  • Input budget codes in a Treasury Management System (Kyriba) to properly tag domestic & international bank transactions into various receivable and expenditure categories
  • Investigate untagged prior day bank transactions to determine proper classification
  • Categorize transactions by type (e.g., inflows, outflows, FX changes, fees, or adjustments)
  • Compare balances with previous day's positions to identify unusual movements
• Bank & Budget Reconciliation:
  • Systematically comparing the actual financial results to the forecasts to identify discrepancies and understand their root causes
  • Identify transactions posted in one system (bank or Kyriba) but not yet reflected in the other due to processing delays
• Project Support:
  • Participate in ongoing treasury projects, such as automation initiatives or process improvements
  • Continued assistance with expanding Kyriba functionality and reporting
• Keep all sensitive matters confidential
• Other duties as assigned

Overall Goals and objectives: This internship offers a unique opportunity to gain hands-on experience with a Treasury Management System and insight into Treasury operations. Accurately tagging international bank transactions improves cash visibility, streamlines reconciliation, enhances forecasting, ensures reporting compliance, and strengthens global cash flow control.

What you will need to make an impact

• A basic understanding of corporate finance, accounting principles, and market instruments
• Eagerness to learn and apply feedback for continuous improvement
• Precision in working with numbers and ensuring accurate data entry
• Ability to establish relationships and interact with various levels within the organization
• Proven verbal and written communication skills with the ability to communicate effectively and professionally via phone, email and in person
• Willingness to contribute to team efforts and support other team members
• Ability to respond quickly to changing circumstances by being flexible and execute accordingly
• Ability to innovate and enhance existing solutions

Education and Experience

• Must be currently enrolled in a Bachelor or Master's program within Finance or a similar related business field (accounting, business management, business analytics, economics, etc.)

New Era Cap, LLC. is an Affirmative Action and Equal Opportunity Employer that believes in inclusion and does not discriminate against any candidate or employee on the basis of race, color, sex, age, religion, national origin, sexual orientation, gender identity, disability, veteran status, genetics, or any other basis protected by applicable local, state or federal laws.

This role is 100% in-person and requires on-site attendance five days a week at our Headquarters building located in downtown Buffalo. The hourly rate for this posted position is $17/hr. and pertains to candidates located in Western New York. Compensation is determined by a wide array of factors including but not limited to skill set, education, essential job duties and requirements, and necessary experience.

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