Development Asset Management Intern (Boston HQ)
About The Position
WinnCompanies is seeking a driven and collaborative Development Asset Management Intern for its corporate team in Boston, Massachusetts. The intern will work primarily with the VP of Development Asset Management on analytical projects that support effective execution of residential real estate development performance metrics. The role also assists with development accounting for Winn-owned development properties, from initial offers through acquisition, construction, cost certification, and breakeven. The intern supports development processes from deal inception through project completion and transition to Winn’s Asset Management Group. Responsibilities include portfolio analytics, maintaining pipeline and financial reporting, assisting with accounting tasks and reconciliations, preparing schedules and audit materials, and coordinating documentation and communications. The position is temporary, pays $20.00–$25.00 per hour, and follows a Monday-through-Friday, 8:00 AM–5:00 PM schedule. It is not eligible for Winn benefits.
Requirements
- Experience with computer systems, including Microsoft Word and Excel.
- Strong understanding of textbook accounting fundamentals.
- Strong written and verbal communication skills in English.
- Comfort communicating questions and concerns.
- Responsive team player able to prioritize among numerous pressing tasks.
- Ability to focus, meet deadlines, and work with a dynamic team of professionals.
- Ability to push tasks through completion with proactive communication.
- Positive attitude and strong work ethic.
- Must be legally authorized to work in the United States.
Nice To Haves
- Previous applicable work experience is preferred but not required.
Responsibilities
- Assist Development Asset Management with routine development-project processes from deal inception through project completion and transition to Winn’s Asset Management Group.
- Produce and maintain portfolio-wide deal analytics for Development, Finance, Asset Management, and senior management.
- Research limited partnership and other key deal documents to maintain the WinnDevelopment business pipeline report for active construction and pre-development assets.
- Upload closing documents and other materials to central database portals.
- Help prepare materials for development team meetings.
- Assist Development Asset Management and Development Accounting with monthly reconciliations and ad hoc analyses for development project decisions.
- Assist Development Accounting with daily early-stage portfolio tasks, including weekly funding requests, journal entries, and processing payables.
- Prepare quarterly and annual financial reporting for the active development portfolio, including reports and custom analyses for stakeholders.
- Prepare and update Excel schedules that monitor deal performance, including development cost allocation schedules based on established methodologies.
- Help obtain benchmark items related to investor equity installment releases.
- Work with Development Accounting to track and reconcile predevelopment costs before property acquisition.
- Help prepare Development Team process memos and job aids.
- Help prepare year-end audit packages for review.
- Obtain CPA firm information-request items for year-end audits and other agreed-upon procedure reports.
- Review and distribute development accounting internal and external mail in a timely manner.
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What This Job Offers
Career Level
Intern
Education Level
No Education Listed
