Development Asset Management Intern (Boston HQ)

WinnCompanies is searching for an adaptable and motivated Development Asset Management Intern to join our team at our Boston headquarters.
In this role, you will work with the Vice President of Development Asset Management on various analytical projects that will help ensure the effective execution of key residential real estate development performance metrics. You will also assist as needed in the development accounting of Winn owned development properties, from the time of initial offer through the stages of acquisition, construction, cost certification, and breakeven.
Please note that this is a temporary, full-time position, which is not eligible for the listed Winn benefits. Additionally, please note that this will operate on a hybrid model.

Responsibilities

• Assist in preparing and updating various schedules in Microsoft Excel, which will monitor deal performance and serve as key analytical tools for decision makers. This includes development cost allocation schedules based on set methodologies.
• Research limited partnership and other key deals documents as necessary.
• Assist with obtaining benchmark items in conjunction with investor equity installment releases.
• Assist in the preparation of materials for development team meetings.
• Upload closing documents and other material to central database portals.
• Work closely with the Development Accounting Team to track and reconcile predevelopment costs prior to property acquisition.
• Assist Development Accounting Team in the preparation of monthly reconciliations, including, but not limited to: monthly bank reconciliations and ad-hoc analyses needed for development project decisions.
• Assist the Development Accounting team with the preparation of Development Team process memos and job aids as needed.
• Assist in the preparation of year-end audit packages for review.
• Assist in obtaining CPA firm information request items in conjunction with year-end audits and other agreed upon procedure reports.
• Assist the Development Accounting Team by tracking compliance with mortgage agreements and investor benchmarks. Timely review and distribution of all development accounting internal and external mail.

Requirements

• Current college student with a major in Business Administration, Accounting, or related field.
• Minimum GPA of 2.70.
• Proficiency in Microsoft Office, particularly Word and Excel.
• Strong understanding of textbook accounting fundamentals.
• Excellent verbal and written communication skills.
• Superb attention to detail, high level of accountability, and an ability to work autonomously.
• Ability to successfully prioritize and manage multiple tasks, deadlines, and priorities.
• Positive attitude and a strong work ethic.

Our Benefits:Permanent full-time US employees are eligible to participate in the following benefits: - Generous time off policies (including 11 paid holidays (12 for MA employees); Generous Accrued Time Off increasing with years of service; Generous paid sick time; Annual day of service; Floating Holiday) - 401(k) plan options with a company match - Various Comprehensive Medical, Dental, & Vision plan options - Flexible Spending Account, Dependent Care Flexible Spending Account, Health Savings Account options with HSA annual employer contribution - Long Term Disability and voluntary Short Term Disability; Basic Term Life Insurance and AD&D; optional supplemental life insurance - Health Expense Reimbursement program (including gym memberships, equipment, and subscriptions) - Tuition Reimbursement program and continuous training and development opportunities - Wellbeing program (group challenges, seminars, opportunities to earn points to reduce medical premiums), Employee Assistance Program, & Commuter and Parking Reimbursement options - Employee Corporate Discount Programs (Verizon Wireless, Home Depot Pro, Staples, and more!) - Flexible and/or Hybrid schedules are available for certain roles - Employee Relief Program supporting employees with unexpected hardships that place undue financial stress on them and their families - To learn more, visit winnbenefits.com
Why WinnCompanies?A job you can be proud of: WinnCompanies is a nationally recognized leader in apartment community management and development. Our team members are committed to helping people in the communities we serve and making a positive difference in their lives. A job that challenges you: Our employees are responsible for our growth and success, and we challenge our team members to always be their best in our fast-paced, dynamic and rewarding workplace. A job you can learn from: We offer multi-faceted leadership and learning opportunities to support our team members’ career growth and professional development.A team that cares: W