Audit Intern Real Estate
4 weeks ago
Time Equities, Inc. (“TEI”), an international real estate investment and development company in NYC, is looking for a detail-oriented, team-player, eager-to-learn Real Estate Accounting Intern. This position will be primarily responsible for the preparation of semi-annual and annual financial statements and assisting senior members of the financial reporting team. The Associate will be working with the Audit Team, which reports directly to the Chief Accounting Officer. This is an opportunity to become an expert in the Real Estate Accounting field, gaining experience in financial reporting and accounting for various entity structures.
RESPONSIBILITIES
Tasks include but are not limited to:
- Preparation of interim and year-end tax basis financial statements for properties, underlying entities, and funds
- Preparation of GAAP year-end financial statements for properties, underlying entities, and funds
- Providing analysis of property trial balances and general ledgers
- Recording of journal entries inclusive of acquisitions, dispositions, and other transactional activity
- Preparing and Updating Financial Footnotes and Amortization Schedules for New/Refi Financing
- Performing various calculations and analyses as requested by company executives.
- Accounting Major
- Desire to work in real estate
- A proactive person who takes initiative and looks to improve wherever possible, a self-starter
- High level of critical thinking and creative problem-solving skills
- Ability to prioritize many competing tasks
- Proficient in Microsoft Excel and Word.
- MRI experience a plus
- Excellent verbal and written communication, and organizational skills
- Health and wellness opportunities including discounted gym membership options with NYSC and Class Pass
- Paid time off including vacation, sick, and personal days on a pro-rated basis
If you are interested, please send a resume, salary expectations, and a short cover letter explaining specifically why you should be the one selected to jobs@timeequities.com
Salary –17/hour
Position Type
- Internship, Potential for Full-Time Position
WHO WE ARE:
Founded in 1966, Time Equities, Inc. (“TEI”) is a diversified investment, development, asset and property management, licensed real estate brokerage, and alternative energy company that has been in business for nearly six decades. The TEI portfolio includes approximately 43.5 million square feet of residential, industrial, office, and retail property including about 5,100 multi-family apartment units, approximately 540,000 square feet in pending acquisitions, and 2.8 million square feet of various property types in stages of pre-development and development. With 344 properties across 36 states, five Canadian provinces, Anguilla, Germany, Italy, the Netherlands, and Scotland, the TEI portfolio benefits from a diversity of asset types including non-performing loans, B-notes, and alternative energy investments. TEI has a variety of market concentrations in the Northeast, Southeast, Midwest, and West Coast of the U.S., and new markets around the world are always being evaluated.
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