What are the responsibilities and job description for the Summer Accounting Intern (Fund, Property, and SEC) position at Inland Group?
Inland Real Estate Investment Corporation ("IREIC") is a leading sponsor of public and private real estate programs. Inland Real Estate Investment Corporation is a part of The Inland Real Estate Group of Companies, Inc. ("Inland"). Inland, headquartered in Oak Brook, Illinois, is one of the nation's largest commercial real estate and finance groups, engaged for more than 50 years in the diverse facets of real estate such as property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services.
IREIC currently is the sponsor of three public non-listed REITs and one private REIT. The fund accounting team for these REITs maintains the REIT books and records in Yardi, prepares the monthly close and prepares monthly / quarterly / annual reports, variance analyses, and management reports. The property accounting team maintains accounting books and records in Yardi for 70 multifamily residential properties as well as 200 multi-tenant retail and single tenant retail properties across the US. The SEC reporting team prepares and manages the approval process of external filings such as the 10K, 10Q and 8K.
Summer Internship
The summer internship is a ten-week rotational program designed to provide exposure to the fund accounting, property accounting and SEC reporting department. The Real Estate Accountant Intern Program will introduce young professionals to the commercial real estate industry by providing hands-on, rotational learning and training in areas not limited to, accounting, financial reporting and analysis and cash flow analysis. During the rotational program, candidates will be exposed to the various groups within the IREIC team.
Candidates will work in the functional areas listed below and may perform (but not limited to) the outlined responsibilities.
Fund Accounting
- Assist in maintaining the REIT books and records in Yardi in accordance with US GAAP
- Assist in the preparation of the monthly close of the consolidated REIT books in Yardi and the supporting workbooks in Excel
- Assist in the preparation of monthly / quarterly reports, variance analyses, and management reports
- Assist in providing supports for the external audit function during the quarterly review process
Property Accounting
SEC Reporting
What are we looking for?
We are a drug-free workplace. Pre-employment background checks and drug screening are performed on all new hires, in accordance with applicable laws and regulations. To the extent permitted by applicable laws and regulations, the Company treats marijuana as an illegal substance, and applicants may be denied employment if a new hire tests positive for marijuana.
We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital, or veteran status, disability, or any other legally protected classes.
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