Development Asset Management Intern (Boston HQ)
About The Position
WinnCompanies is seeking a driven and collaborative Development Asset Management Intern to join its corporate team in Boston, Massachusetts. The intern will work primarily with the VP of Development Asset Management on analytical projects supporting effective execution of residential real estate development performance metrics. The role also assists with development accounting for Winn-owned development properties from initial offer through acquisition, construction, cost certification, and breakeven. This is a temporary position scheduled Monday through Friday, 8:00 AM to 5:00 PM. Pay is $20.00–$25.00 per hour. The position 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 numerous pressing tasks.
- Ability to focus, meet deadlines, and work with a dynamic team of professionals.
- Ability to proactively communicate and push tasks through to completion.
- Positive attitude and strong work ethic.
- Must be legally able 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 processes for development projects, from deal inception through project completion and formal transition to Winn’s Asset Management Group.
- Produce and maintain portfolio-wide deal analytics for the Development, Finance, and Asset Management teams and senior management.
- Research limited partnership and other 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.
- Assist in preparing 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 management tasks for early-stage portfolio deals, including weekly funding requests, journal entries, and processing payables.
- Perform quarterly and annual financial reporting across the active development portfolio, including producing reports, conducting custom analyses, and submitting materials to stakeholders.
- Prepare and update Excel schedules monitoring deal performance, including development cost allocation schedules based on established methodologies.
- Assist with obtaining benchmark items related to investor equity installment releases.
- Work with Development Accounting to track and reconcile predevelopment costs before property acquisition.
- Assist with preparing Development Team process memos and job aids.
- Assist in preparing year-end audit packages and obtaining 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
