Finance Intern I/II

Job Title: Finance Intern I/II

Job Location: Great River, NY

Advanced Acoustic Concepts, LLC, a wholly owned subsidiary Thales Defense & Security Inc., is a technical leader in the fields of sonar systems, sonar signal processing, acoustic training systems, and open architecture system and software integration. The venture focuses on emerging areas in the undersea warfare domain where the customer has identified mission-critical needs. For additional information about Advanced Acoustic Concepts, please visit our website at: https://www.aaccorp.com.

Top Benefits (Subject to terms of applicable policies/plans)

• Paid Internship
• 9/80 Work Schedule (every other Friday off)
• Onsite Full Time

Position Summary

Summer Finance Interns will work closely with and assist finance in conducting various assignments..

Responsibilities:

• Understand the Annual Operating Plan (AOP) and the Strategic Guide Plan process and help prepare program bookings, revenue, operating profit, investment and cash flow data
• Understand how job costs are collected and billed on all contract types
• Ability to work on cross-functional teams
• Establish, develop and maintain effective business relationships with internal and external customers
• Support negotiations with the government, industry prime contractors and foreign customers
• Conduct analytical studies, monitor trends and interpret the results
• Support government compliance and audit activities
• Develop an understanding of the Standards of Conduct to include: conflicts of interests; improper practices; liability and fraud
• Develop an understanding of contract design and structure to include: FFP; CPIF; CPFF; CPAF; BOA; IDIQ; Foreign Military Sale (FMS); and International Direct Commercial Sale (DCS), and, competitive and sole source procurements
• Ability to grasp generally accepted accounting principles and develop a working knowledge of the cost accounting standards (CAS) and IFRS
• Supports proposal preparations including: bid/no-bid requirements; cost estimating; pricing; RFP review; risk mitigation; and negotiation
• Develop an understanding of the source selection evaluation process to include cost and price analysis, discussions, debriefings and protest
• Program and finance: Basis of Estimate (BOE) preparation; budget preparation, reporting and management; cost & variance analysis; Earned Value Management Systems (EVMS); Estimate at Completion (EAC); cash management/working capital; forecasting; contractual reporting (CDRL, EVM, cost and pricing, C/SSR); risk management; return on investment (ROI); audit preparation and management; and program review preparation
• Support, communicate, reinforce and defend the mission, values and culture of the organization

Additional Responsibilities

• Maximize IT utilization through electronic commerce and ERP/Oracle implementation
• Emerging business operations knowledge to include: management principles; business development; HR; operations; finance; accounting; economics; and information technology
• Ability to interact effectively at all levels and across diverse cultures

Qualifications:

The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• High School Diploma
• Working towards a Bachelor’s degree in business, finance, accounting or related field
• Developing knowledge of the FAR, DFAR, CAS & SOX
• Ability to understand financial analysis principles and have financial analysis skills
• Strong computer skills (MS Office Suite, MS Project)

Physical Requirements:

• Lifting up to 20 lbs. up to 25% of time
• Walking: up to 25% of time
• Climbing, Bending, Standing, Stooping: up to 10% of time
• Sitting: up to 75% of time

The annualized pay range for this role is $20.00-$24.00 USD per hour.  The pay range provided is a good faith estimate representative of the experience level for the role described above.  AAC considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

For specific questions about this job posting, candidates may contact talent acquisition at hr@aaccorp.com.

Advanced Acoustic Concepts, LLC is committed to non-discrimination as applicable under federal and state laws. AAC is an E-Verify employer.

If you need accommodation or assistance in order to apply for a position with Advanced Acoustic Concepts, LLC, please call Human Resources at 631-273-5700.

Privacy Notice for Job Applicants

We collect personal information in this application to evaluate your qualifications for employment and to comply with applicable legal requirements. Your information will be kept confidential and used only for employment-related purposes. Where required by law, you have the right to access, correct, or request deletion of your personal information. If you have questions about how your information is handled, please contact hr@aaccorp.com.