Women in Finance Fellowship – Massachusetts State Lottery Commission – Summer 2022
Please Note: This fellowship is open to female identifying undergraduate students attending an institution of higher education located in Massachusetts or female identifying undergraduate students who reside in Massachusetts but attends an institution of higher education located in the United States but not in Massachusetts. Due to COVID-19, the fellowship may adopt an in-person, remote, or hybrid schedule depending on safety protocols. This 9-week fellowship will begin on Tuesday, May 31st, 2022 and conclude on Friday, July 29th 2022.
Since selling its first ticket in March 1972, the Massachusetts State Lottery has generated over $131 billion in revenues, awarded over $92 billion in prizes, returned over $28 billion in net profit to the Commonwealth for unrestricted local aid available to cities and towns, and paid over $7.5 billion in commissions and bonuses to its statewide network of retailers. Over the last 49 years, Massachusetts has grown to become one of the most successful lotteries in the nation and adapted to the ever-changing marketplace to provide innovative and exciting games to its players.
Position Summary: The Massachusetts State Lottery Commission is seeking a full-time Finance Fellow to join its Finance Department This position will provide the successful candidate with an excellent opportunity to gain valuable, real-world skills relevant to the operations of a state-run organization with exposure to Accounting, Finance, and professional development opportunities.
v Support finance department staff with proactively following up and ensuring proper documentation/deliverables are being received from the appropriate parties.
v Provide support to business unit finance, account and operations teams. This includes delivering relevant financial reporting/information. In addition, this role helps to ensure the validity and accuracy of all financial data related to the business unit.
v Ensure accurate and consistent invoicing procedures are followed to help promote reliability across business units. This includes collaboratively compiling and maintaining a comprehensive and detailed tracking Excel documents for shared use by department members.
v Provide support on special projects and create variety of ad-hoc reporting both for internal finance purposes as well as external/client requests. Financial report creation, analysis and maintenance of a variety of reporting.
Education and Background:
v Candidates must be currently pursuing an undergraduate degree in Business Administration or Finance.
v Strong interest in financial analysis related projects.
Knowledge and Skills:
v Must be proficient with MS Office (Excel, Word, PowerPoint).
v Strong organizational skills and an ability to multitask are required as the incumbent will be forced to prioritize workflow to meet deadline driven projects in a fast-paced environment.
v Interpersonal skills are required as the incumbent will interact with various company personnel, at all levels, as well as external partners.
v Ability to work independently and as part of a team.
v Strong attention to detail.
v As the incumbent is exposed to confidential financial results, the applicant should have a high degree of integrity and professionalism.
☑Professional Development Workshops
☑Public & Private Sector Networking Opportunities
☑One on One Mentoring
☑Valuable Work Experience
☑Edge in the Job Market
☑Development and Refinement of Finance Related Skills
Fellows will be offered the opportunity to gain further exposure to leadership programming as well as the opportunity to attend Office of Economic Empowerment virtual events, including informational seminars, resume workshops, financial education discussions, and the Path to Possibilities career information sessions hosted by the Treasury Human Resources division, in order to gain an organizational wide understanding of the overall mission of the Office of the State Treasurer and Receiver General.
Program Details: Fellows will receive a stipend and are required to commit to 37.5 hours per week.
Learn more about MSLC here: Massachusetts State Lottery Commission
All applicants must include in their application a resume, cover letter, and one Letter of Recommendation. Applicants must answer the following questions:
1. Why are you interested in the Women in Finance Fellowship?
2. What department are you most interested in and why?
3. What do you hope to get out of this fellowship experience?
*Please note applications will be considered incomplete if not all materials are submitted.