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Residential Accounting Intern

Waterton

The Role

Overview

Assist residential accounting with monthly close, statements, audits, and acquisitions.

Key Responsibilities

  • financial statements
  • bank reconciliations
  • performance returns
  • yardi setup
  • document review
  • acquisition closing

Tasks

-Accounting: You will contribute to the daily and monthly accounting activities including financial statements for multi-family properties and simple joint ventures, supporting schedules for balance sheet accounts, g/l classifications, cash distributions, bank reconciliations, property-level performance returns, and reporting. -Platform Growth: You will assist with acquisition and disposition closing and documentation review including reviewing loan agreements, operating agreements, budgets, and certifications. You will also assist in the Yardi setup for acquisitions and deactivation for dispositions.

Requirements

  • accuracy
  • teamwork
  • student
  • adaptability
  • communication
  • excel

What You Bring

-You excel at details. You constantly analyze the fine print and make sure that your work product is highly accurate. -Overall: You’ll be an excellent teammate who helps create and deliver departmental and organizational goals, including refining and introducing new Standard Operating Procedures (SOP’s). -You have some credentials. You are a current undergraduate or graduate student working towards a degree is required. If you’re pursuing a degree in accounting or finance, it’s a huge plus! -You like change; you really like change. You can easily adapt as the situation warrants, and you are able to focus on multiple deadlines and change as the demands and fast pace requires. -You’re a great communicator. You easily manage relationships and build rapport with others, and you’re a pro at keeping everyone informed and on the same page in a professional manner. -You’re very tech savvy. You’d consider yourself an advanced user of Microsoft Office, especially Excel, Word and Outlook.

The Company

About Waterton

-Headquartered in Chicago, it operates a vertically integrated platform encompassing acquisitions, property management, and in-house construction. -Renowned for employing value-add strategies, managing portfolios across multifamily, hospitality, and senior living sectors. -Projects include lease-ups, garden and high-rise apartments, mixed-use residences, conversions, and ground-up developments. -Innovative Resitality® model merges hotel-style hospitality with residential living for enhanced satisfaction. -Leadership comprises experts in capital markets, design/construction, and operations, with extensive industry experience. -Notable landmark transactions include Chicago’s Presidential Towers and collaborations with leading hospitality firms. -In-house team efficiently manages budgets, construction, and compliance, ensuring optimal project outcomes.

Sector Specialisms

Multifamily

Hospitality

Real Estate Investment

Property Management

Capital Improvement

Value Add Strategies

Metals

Mining