Thursday, January 22, 2015

Marketing Internship Spring 2015

Civitects PC is a full service architectural, planning and landscape design practice. Projects include renovation, restoration, new construction projects and landscape design.  Clients include Universities, K-12 schools, Non-profits, Housing Authorities.
www.civitects.com
Primary duties and responsibilities:
·         Preparation of proposals for projects that the firm is pursuing.
·         Creating and updating one-page marketing sheets on past and current projects.
·         Working with a web designer to update the firm’s website.
·         Creating PowerPoint presentations for interviews.
·         Possibly attending marketing committee meetings once a month at the Boston Society of Architects.

What will the student learn from this experience (list 4 or 5 learning objectives)?
·         Information necessary to create a successful marketing proposal
·         How important marketing is in certain professions, such as Architecture, to maintaining a successful business
·         How to present a business in different types of media- website, written proposal, board presentations
·         Working with other professional firms’ marketing departments.

Job Title: Marketing
Academic preparation of the student required (graduate, senior, junior, courses taken, GPA, etc.):
Junior or Senior

Skills required: Excellent Grammar and Writing Skills, Knowledge of Web Design, Adobe InDesign, Powerpoint, Microsoft Word
Hours of work: 15 hours per week, negotiable

Start and end dates: Immediate Start. Commitment of at least one semester with the possibility of continuing if mutually agreed. 

Primary supervisor and contact information:
Michael Keane, Principal mkeane@civitects.com

This is a paid internship

Interested students should send their resume and cover letter to: mkeane@civitects.com

Sunday, January 18, 2015

What Accounting Majors can Learn from MLB: Accounting Manager Position with Boston Red Sox

I stumbled upon this position today and thought about all the students I meet who want to work in sports.  Professional sports management is a tough road.  Usually you have to have to work in a nonpaid internship and if that works out you might progress to a job with long hours and low pay.  You have to pay your dues to move up - almost like working your way up through the minors.  Check out this posting to see what the BoSox require for an accounting manager and read my comments below which are in red which coincide with highlights I have made in yellow:

http://baseballjobs.teamworkonline.com/teamwork/jobs/jobskey.cfm?s=Boston+Red+Sox

ACCOUNTING MANAGER FOR THE BOSTON RED SOX
The Accounting Manager will be responsible for all aspects of the month-end and year-end close cycle procedures. This individual will also be responsible for all revenue accounting and the related A/R process. In addition, this role will support the FP&A group by sharing detail analysis of monthly P&L variances.
YOU need to know the who accounting cycle!  You need to learn financial analysis!  Take those ratios seriously.  Take every opportunity to interpret and analyze financial statements.  Work a financial statement analysis course into your studies.

RESPONSIBILITIES:
• Review, reconcile and record all revenue-related activities (e.g. tickets, concession, sponsorship, parking, and MLB related entities)  Here's a lesson for you - multiple streams of revenue make these entities successful!  Accountants need to understand how we make our money!!!!

• Monthly close:
o Ensure accuracy of all transactions and research large variances to budget and prior years
o Review all balance sheet accounts to validate amounts and presentation
o Prepare monthly financial statements (P&L, balance sheet, & cash flow) and consolidating information for parent company
o Review all non-standardize GL entries and adjustments
o Assist in recording of accruals
o Perform P&L variance analysis and communicate results to FP&A group
• Ensure proper accounting of all capital expenditures, including player acquisitions, while meeting with cost center managers to manage future spending forecasts
• Supervise all aspects of the A/R process and manage deferred revenue accounts
• Develop a detail understanding of cash inflows and outflows in order to forecast short and long-term cash needs
• Establish and maintain balance sheet and cash flow trend reports
• Prepare budgets and recognize net income for all special events (e.g. concerts.)  Here's some management accounting stuff.  Your ACT212 (basic management accounting, business finance, and Cost accounting will help you here!)
• Prepare and submit MLB, club, government and other questionnaires
• Assist with documenting and developing proper accounting policies and control procedures  I tell my students - please take any content or discussion of internal control procedures very seriously - IC is the domain of accountants.  Management institutes them, accountants and auditors must test them and rely on them!
• Manage and prepare all supporting documentation for GAAP audits and tax calculations  Don't tell me flow charts and other forms of system documentation aren't important!
• Provide support for special projects or other miscellaneous analysis as required. More management accounting stuff - "special projects" will really spice a job like this up.  How much net income can the Sox realize from a Paul McCartney or James Taylor Concert at Fenway?  What is the bottom line impact of raising ticket prices?  What-if analysis, break-even points for new Fenway and Sox ventures, etc. etc.  Good stuff!

CHARACTERISITICS / QUALIFICATIONS
Bachelor’s degree in accounting required.  - Get your degree!
• Minimum of four years of accounting experience with direct experience in monthly close cycles and financial audits.  As I tell my students - you will need about 10,000 hours of experience before you can seriously aspire to be an accounting manager of controller for a large organization.  That 10,000 hours is about 2,000 - 2,500 hours a year for 4 to 5 years!  When you get the interview question - where do you want to be in 5 years; "think" about the expert level you need to be at!
• Strong proficiency in MS Excel and various accounting software packages required.  Get that expertise in MS Excel now! If you aren't there yet - try the Atomic Learning that we have via myCourses.  it will bring you up to speed with Excel.  You need to be a crackerjack with Excel!
• Should be able to demonstrate a detail understanding of GAAP.  GAAP is not just something we study.  Knowledge of GAAP will payoff. GAAP will get you into the major leagues - not just with MLB but with all organizations that need to have financials in compliance with GAAP!
• Must demonstrate an ability to effectively manage multiple priorities under strict deadlines. Reliability and the ability to juggle/multi-task while meeting hard deadlines is so important.  You can develop those habits and skills now.
• Candidates must have strong verbal and written skillsWhat have I been telling you guys?  You need strong communication skills.  Not just communication skills but STRONG verbal and written skills. Take those class PPT/oral presentations seriously.  Speak up always - ask questions and make appropriate comments in class.  Take those homework and exam essays very seriously.  Learn how professional writing works and practice it in your emails, reports, papers, etc.  Strong communication skills are derived through practice. Practice, Practice, Practice. You need to be able to write and speak well as an accountant.  That too will launch you into the major leagues.

Saturday, January 17, 2015

Fraud Examination Course

I am offering an online Fraud Examination course under the name: ACT 490 Special Topics: Fraud Examination.  You should have completed ACT211 before taking this course.  It is offered through the University Extension and UMASS Online therefore there is a charge for the course.  Please consult with UMASS Dartmouth's University Extension for more details.  Here's a link:http://www.umassd.edu/extension/

I would be happy to send you a copy of the syllabus.  The course starts on Jan 26th and will be accepting students until Jan. 30th, as long as there is space.  It is based on a model curriculum and textbook that has been adopted by the Association of Certified Fraud Examiners.  In speaking with students, I have always mentioned the value of the CFE (Certified Fraud Examiner) designation.  It is very useful for accountants, auditors, white collar investigators, government agents, bank examiners etc. to either pursue the CFE or become familiar with fraud and white collar crime principles.  This course will next get you certified but it will provide an excellent background.  I have acquired some quality course materials from the ACFE for this course and I think all students will be happy with the structure and quality of this course.  It is a great way to fill a business major and this is the first time we have offered this course online. Personally, I hope it becomes a fixture in our program.

Even if you are not interested in this course, think about passing a link to this blog entry to friends or other contacts you might have.  Email me if you want a copy of the syllabus: mgriffin@umassd.edu

Here is a description of the course:

This is a course that introduces the student to the principles of Fraud Examination. The course will cover all of the major methods employees use to commit occupational fraud. Students will learn how and why occupational fraud is committed, how fraudulent conduct can be deterred, and how allegations of fraud should be investigated and resolved.  This course is 100% online via UMASS Dartmouth’s learning system called myCourses (Blackboard).  The course materials have been adopted from a model program developed by the Association of Certified Fraud Examiners (ACFE). The course will not fully prepare a student for the Certified Fraud Examiner (CFE) designation but is a good first step in that preparation and should be of interest to accounting students, auditors, internal auditors, bank examiners or anyone with an interest in fraud examination and white collar crime.  For UMASS Dartmouth Charlton College of Business students, this course covers a business elective.  For students taking this course to apply towards graduation requirements at other schools, please consult with your advisor as the applicability of these credits. Course prerequisites: (ACT 211 Financial Accounting)


Friday, January 16, 2015

Internship News

INTERNSHIP NEWS

STILL TIME LEFT!
With a week left till school starts, there is still time to submit your Spring 2015 internship for approval for credit.  I will need the details.  Please visit: http://www.umassd.edu/charlton/internship/ to learn how the program works and the type of information that I need emailed to me for review and approval.  Think seriously about getting your internship approved and earn credit by completing one of our 399 courses.  A prereq.  For 399 is a solid internship so if you have one, why not “register it” with us, take the online course (which is getting great reviews) and place it permanently on your transcript?  Let me know what questions you have: mgriffin@umassd.edu

BLOG POSTINGS
I continue to receive requests for interns from local companies.  Please check out our blog for the most recent postings: http://www.businessinternships.blogspot.com/

As soon as I become aware of an opportunity, I post it on the blog and if you are interested, respond quickly with a resume and cover letter.  In the past couple of weeks we have received postings from Fastenal (sales), Wadell and Reed (marketing and financial services), Chartwells (on-campus Marketing inetrnshi), and others.  Visit the blog and signup for email alerts

INTERNSHIPS FALL 2014 – Did you do one?
Did you do any internship in Fall 2014?  If you haven’t done so already, please take our quick survey to report your internship Fall 2014.  It can be found at: https://www.surveymonkey.com/r/QTDZC69

INDEED.COM and CAREERLINK
Your search for internships should also take you to other web portals.  I recommend you learn how to maximize the use of Indeed.com.  Learn how to search for internships on that site using key word searches and set up your won email alerts.  Careerlink is another portal that you need to learn.  It is UMASS Dartmouth’s own job and internship portal run by our Career Development Center.  CDC will be working to populate that site in the next few months as they re-organize.  Stay tuned for news from CDC and how they can help you with all your career development needs.

NEW INFORMATION SCREEN CASTS
I have produced three new internship informational, narrated PPTs up on the blog for your viewing pleasure.  These will never win a Golden Globe but they will provide you with good information about internships. 

What are you searching for? 
8 minute video on what to think about before conducting your search for an internship.
https://www.youtube.com/watch?v=TmjA4DsYnsI

The Search
11 minute video on some ideas to help you conduct an effective search.  Its all about using a variety of methods to generate some solid leads!
https://www.youtube.com/watch?v=FEFId6bRckY

Best Practices
This 10 minute video tells you about what to look for in an internship so you can maximize your learning experience.  It might also be helpful to companies looking to establish a quality program. 
https://www.youtube.com/watch?v=JUMq-K_mKpw
A document that helps supplement this video is our Best Practices document which you can download from: http://www.umassd.edu/media/umassdartmouth/charlton/otherformsandpdfs/Best_Practices_for_Internship_Providers.pdf

COMMING SOON!
I have published a laminated Quick Reference Guide to Internships.  It will be released soon by Bar Charts, a Florida based publisher.  It is similar to the Accounting 1, 2, and Cost Accounting guides that I produced and that some students buy on our bookstore.  I don’t believe that our bookstore is carrying these yet but the Quick Study Internship guide should be available soon in bookstores everywhere and online via Amazon and other portals.

Good luck with the start of the Spring 2015 semester.

 

Fastenal Internships Spring 2015

Fastenal in New Bedford is looking for strong candidates for part-time positions, that qualify as internships for the Spring 2015.  Fastenal has a long-standing track record of hiring UMD students and promoting from within. These are paid positions and involve sales. Interested candidates should send a resume and a cover letter ASAP to Michael Hitchins at: mhitchin@fastenal.com

Tuesday, January 13, 2015

Three new insutrctional videos added today

Here's a link to three new instructional internship videos added today to the blog.  Each is 11 minutes or less in length.  They are simply narrated PPTs recorded and put up on Youtube so don't expect a polished production but I thought they may trigger some ideas on your part and I recorded them in an attempt to answer common questions I get from students about how to search for a quality internship.

Link to videos is below:
http://businessinternships.blogspot.com/p/internship-videos-searching-for-one-and.html

I hope these help.

Professor Griffin

Marketing internship - Rhode Island - Financial Advisors


MARKETING INTERN POSITION (UNPAID/COLLEGE CREDIT AVAILABLE)
Waddell & Reed, Inc
Financial Advisors™

www.waddell.com

 Company Profile:
Waddell & Reed, Inc., formed in 1937, is one of the most enduring broker/dealers in the United States. We offer advisors an environment which seeks to combine the philosophical and practice flexibility of an independent model with the support and resource infrastructure of a full-service firm. Our Classic advisors emphasize comprehensive financial planning and work in a direct-to-fund environment. Our Choice Advisors, utilizing the brokerage platform of Pershing, LLC, work in an open-architecture environment providing a comprehensive array of products and fee-based structures. Advisors from both operating environments can qualify for stock of our public company and enjoy highly competitive compensation structures within the practice model that they select, with payouts ranging from 60% to 90%. In a commoditized broker/dealer world, we believe we offer a uniquely flexible and supportive structure that provides advisors, and their clients, the opportunity to optimize their success.

DESCRIPTION:
The position of the intern will act as a key support person for a Financial Advisor and the individual Waddell & Reed practice. This allows an intern the unique ability shadow the experience and see firsthand what it is like to run a Financial Planning practice while helping a Financial Advisor manage their practice.

QUALIFICATIONS:
Junior/Senior Marketing or Business related majors.
Availability Monday-Friday. Varied hours, yet flexible for student’s schedule.

NECESSARY SKILLS:

  • Detail-oriented with demonstrated organizational skills
  • Excellent written and oral communication, time-management and interpersonal skills; tact and confidentiality
  • Proficient computer skills; including MS Word, Excel, PowerPoint, etc.
  • Ability to handle varied work flow, deadlines and time constraints
  • Self-motivated and coachable with a desire to grow and learn.
  • Outgoing personality; sales ability/experience a plus

MARKETING DUTIES:
 

·         Learn about the financial services industry and related marketing efforts.
 

·         Learn about our Customer Relationship Management database program to retrieve key information, facilitate client contact plan and to create marketing related client lists.

·         Observe and participate in Social Media/Networking Web site activities and promotions using LinkedIn etc.

 
·         Participate in ongoing enhancements and updates to our Web site

 
·         Participate in and observe ongoing development of our Internet and Search Marketing initiatives.
 

·         Practice coordinating and developing sample marketing / recruiting plans.


·         Learn how to research potential new marketing services.

 
·         Observe and assist with development and preparation of marketing letters and materials for prospective clients.
 

·         Provide feedback in the maintenance of our marketing materials.
 

·         Learn how to perform a limited number of general office duties.             

 
To apply Please send Resume to email address below.
Internship Supervisor Contact Information:  
Todd Vroman, District Branch Manager
tvroman@wradvisors.com
401-885-2342