Intern, Accounting, Related Midwest

US-IL-Chicago
Job ID
2179
Function
Accounting / Finance
350 West Hubbard Street

Overview

At Related, summer internships offer students hands-on experience and a chance to work on challenging projects with some of the best minds in the business. The Related Internship Program not only places you within a specific project area, but also provides tours of our Manhattan portfolio, and exposes you to our multi-faceted lines of business through an outstanding executive speaker series.

This is an excellent opportunity for you to develop valuable contacts and obtain the type of hands-on experience that will benefit you as you make important career choices.

Responsibilities

The position will primarily assist with the day to day accounting of affordable housing and market rate projects.  The accountant will work in close collaboration with Related Midwest’s internal accounting department to process subcontractor payments, prepare the general contractor’s statement, prepare the sworn owner’s statement, coordinate with lenders and regulatory agencies, collect appropriate lien waivers and supporting documentation, reconcile subcontractor contracts and change orders, and produce reports.

  • Reconciling balance sheet accounts, cash bank accounts and monthly draws
  • Ensure the general ledger reconciles to the construction draw each month
  • Record month end entries for general contractor revenue and expense accruals
  • Produce E-Builder anticipated cost report by coordinating with the Construction Project Manager

Qualifications

Our ideal candidate will be a rising senior with the following skills:

  • Major in Accounting preferred
  • Excellent organizational skills
  • Excellent time management skills
  • Effectively communicates relevant project information to superiors
  • Resolves and/or reports issues in a timely fashion
  • Possess an excellent understanding of Excel
  • Has the ability to learn new technology systems quickly
  • Overall high level of computer proficiency

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