Financial Reporting Intern
Looking for an opportunity with a dynamic, fun, and goal-oriented company? We’re growing quickly and we’re looking for some not-so-typical talent to join our team.
Progress Residential® is the largest providers of high-quality, single-family rental homes in the United States. With more than 90,000 homes across some of the fastest-growing markets, our residents appreciate the flexibility, freedom, and convenience of living in a single-family home without the obligations of home ownership.
Progress is committed to making the home rental process easy and enjoyable for the residents we serve by empowering our team members and investing in innovative systems and technology. Our portfolio has continued to grow substantially the past few years and we see increasing demand for professionally managed single-family rental homes and anticipate continued growth.
Employment with Progress Residential is conditional on a satisfactory background and drug screen as well as submitting proof satisfactory to Progress Residential that you are fully vaccinated against the Corona Virus COVID-19 disease, subject to any accommodations granted by Progress Residential based on disability or religion or as applicable by state law.
Text ProgressJobs to 25000 and you can chat with our Recruiting Assistant Kate who can help you find jobs, apply for jobs and answer your questions.
Progress Residential is hiring a summer Financial Reporting Intern. The Internship will provide a unique experience and invaluable look into our growing portfolio of single-family properties across the US and how we operate and manage these assets. The internship will accelerate your learning and development by providing you with a strong foundation upon which to understand the Single-Family Real Estate business as you develop your career. Program participants will receive real-world training and participate in networking and learning opportunities in an office or remote environment.
The summer internship generally begin in June 2023 and end in August 2023 although dates may change slightly based on school schedules.
The intern is responsible for various duties, including preparation of financial reports, shadowing client and lender interactions, and review of technical accounting concepts and real estate operations.
Shadow the communication with internal stakeholders, explaining financial reports and variances
Learn month end reporting processes
Coordinate with other departments to ensure accurate and timely financials
Participate in the onboarding process of new clients, ensuring all accounting information is gathered and communicated for a seamless transition
Assist in preparation of monthly and quarterly reporting packages for management, rating agencies and lenders
Assist with the day-to-day functions of the lender reporting team
Assist with reviewing lender agreements and determine financial reporting requirements
Assist with review of lender agreements and determine debt covenant requirements
Assist Team with the preparation of monthly internal decks and other management packages
Work with team to setup lender reporting templates
Provide support for requests from the Capital Markets team on new and existing loan facilities
Work with various accounting teams on variance explanations
Perform detailed financial and variance analysis of significant accounts
Provide assistance during annual audits and ensure deadlines are met for support schedules pertaining to debt covenant compliance
Pursing Bachelor’s degree in Accounting/Finance or similar field required
Must be proficient in various software packages including, but not limited to, MS Word, MS Excel, MS Office, and PowerPoint
Ability to handle large volumes of data
Ability to work in a dynamic and fast-growing environment
Ability to work effectively both independently and in a team environment
Successful at multi-tasking and managing multiple projects
Willingness to learn and tackle new challenges, creative problem solver
Exhibit excellent written and verbal communication skills; has ability to convey a clear and concise thought
The internship is designed for results-oriented and entrepreneurial candidates with a strong academic background, preferably in business or real estate.
Applicants should be self-motivated, creative, disciplined ad exhibit a demonstrated interest in the real estate industry.
Current student within an accredited college or university.
Strong presentation skills
Ability to network and develop strong relationships
Detail-oriented and highly organized
Strong analytical and problem-solving skills
What you can expect from us:
Progress Residential® offers all the financial and non-financial incentives you would expect from an innovative real estate investment and management firm:
In addition to outstanding training, we host quarterly summits and town hall meetings to encourage growth, knowledge sharing and a good time. After all, it’s about progress, not perfection.
We offer competitive compensation, including a performance-based bonus.
Our generous benefits package includes comprehensive healthcare coverage for you and your family, parental leave, paid time off, 401k match, 10 paid holidays and much more.
This summary is not an all-inclusive description of job duties. Other job duties and responsibilities may also be assigned by the incumbent’s supervisor at any time based upon Company need.
Progress Residential® is a proud Equal Opportunity employer, m/f/d/v.